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MakeMyTrip's India arm gets Sebi nod to float IPO

Startups

MakeMyTrip is listed on Nasdaq stock exchange The proceeds from the planned IPO will be utilised by MakeMyTrip for long term growth, inorganic opportunities and repurchase of different types shares Nasdaq-listed travel booking platform MakeMyTrip's India subsidiary has received Sebi's approval to.

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How art exhibitions provide unmatched experiences of aesthetics, scale and technique

Startups

The 65th National Exhibition of Art, organized by Lalit Kala Akademi in New Delhi, showcased contemporary Indian visual art. Featuring works from 2,495 artists across 27 States and Union Territories, the event selected pieces from 6,175 submissions. Twenty artists received awards for their contributions across painting, sculpture, and mixed-media. The exhibition serves as a vital platform for recognizing both emerging and established artists while celebrating India's diverse cultural heritage.

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Source: Tech Crunch

U.S. government grounds all flights across the United States ‘due to extraordinary cirumstances’

Startups

<summary>The FAA grounded all U.S. flights due to an "equipment outage" and "extraordinary circumstances" impacting safety and communication across multiple air traffic control centers. Aircraft cannot depart, with inbound international flights managed individually. Technicians are investigating the cause of the widespread disruption, which has halted air travel.

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Source: Tech Crunch

AI agent startup LangChain hits $3B valuation

Startups

<summary>LangChain secured $300 million in Series C funding, valuing the AI agent management startup at $3 billion. Led by CapitalG, this round more than doubles its valuation from a year ago. Originating as an open-source project, LangChain now focuses on helping businesses manage AI agents with its LangSmith software, emphasizing user ownership and avoiding vendor lock-in.

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Source: inc42

Microsoft’s Outlook Outage Drags On: Indian Enterprises Are Feeling The Heat

Business

A major Microsoft 365 outage disrupted services across 74 countries, including India, for two days starting November 12. The infrastructure failure affected Outlook, Teams, and SharePoint, stalling enterprise workflows for companies like IndiGo and various banks. The incident has sparked concerns regarding the risks of over-reliance on a single cloud provider, prompting experts to urge businesses to implement stronger continuity plans and multi-vendor redundancy strategies.

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Source: Tech Crunch

Microsoft’s latest email outage turned into a full blown global cloud crisis

Startups

Microsoft experienced a global, day-long outage impacting Outlook, Teams, cloud services, Copilot AI, and more. A cascading software issue caused a large number of servers to become unexpectedly unavailable, affecting consumer and business users worldwide. Recovery began Friday morning after approximately 18 hours of downtime, with services slowly returning. Microsoft stated there was no evidence of malicious activity and continues to investigate the root cause of the widespread disruption.

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Source: inc42

Paytm Set To Revive Wallet Business With RBI In-Principle Nod

Business

Paytm's PPSL has received in-principle RBI authorisation to issue and operate prepaid payment instruments, including digital wallets. This crucial step brings Paytm closer to reviving its wallet business, which was disrupted by 2024 RBI restrictions on Paytm Payments Bank. PPSL must complete a system and cybersecurity audit within six months and secure final RBI authorisation to commence operations. The wallet is vital for consumer engagement and cross-selling financial products.

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Source: inc42

Inc42, DevX Launch RE:FRAME With ₹15 Cr Investment Pool For PropTech Startups

Business

Inc42 and DevX launched RE:FRAME, a four-week accelerator for Indian PropTech startups with early market traction. The program combines virtual learning with a Delhi NCR bootcamp, aiming to help companies scale within India's $650 Bn real estate sector. Top five startups will pitch at Demo Day for potential investment from a ₹15 Cr pool. Applications are open until December 20, 2026, for various PropTech segments.

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One outage, millions affected. What went wrong at Microsoft?

Startups

Microsoft’s Outlook and Exchange Online services experienced a massive global outage on November 12-13, disrupting calendars, workplace tools, and numerous businesses relying on Microsoft 365 cloud systems. The incident stemmed from overwhelmed servers handling secure connections and a network configuration change. Recovery efforts focused on traffic optimization and server stability. This widespread disruption underscored the critical global dependence on shared cloud infrastructure, affecting various organizations and prompting Microsoft to promise a.

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StarAgile Celebrates 10 Years of Excellence in Professional Training and Transformation

Startups

A decade after its founder left a 16-year IT career to build a training company, StarAgile has trained professionals across 100+ countries and is now preparing learners for the AI era. Every journey has a starting point. For StarAgile, it began with a simple idea: learning should lead somewhere.

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Frammer AI launches live sports platform with Astro Malaysia as first customer

Startups

Frammer AI, an Indian company, launched a live sports platform to instantly turn live footage into social media highlights. Its AI-powered technology creates content in under 30 seconds, enabling broadcasters to engage fans during matches. Astro Malaysia is the first sports customer, expanding Frammer's reach beyond news and entertainment. This partnership helps rights holders maximize content value in the growing sports streaming market.

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When every second counts: How Razorpay powers Comet's sneaker drops

Startups

Indian sneaker brand Comet, founded by Utkarsh Gupta and Dishant Parashar, partnered with Razorpay to optimize its checkout process for high-demand product drops. By implementing Razorpay Magic Checkout, Comet reduced transaction friction through intelligent prefills and seamless UPI flows. This integration minimizes checkout abandonment during traffic spikes, ensuring a fast, intuitive buying experience that supports the brand's goal of building a culture-led label for Indian consumers.

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Source: Tech Crunch

Nectar launches an AI agent to automate creator discovery and outreach for brands

Startups

Nectar, an AI-powered marketing operating system, has launched its "Creator Agent" to automate influencer marketing. The tool searches over 300 million profiles on Instagram and TikTok to identify partners, manage outreach, and track campaign performance. By analyzing content and brand safety, the agent reduces manual labor for marketing teams. The global tool will eventually integrate with other AI assistants via the Model Context Protocol.

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Source: Tech Crunch

Microsoft’s Outlook email hit by new outage

Startups

"Microsoft's Outlook email service is currently facing a global outage, preventing users from accessing their inboxes. While initially reported in the Americas, the issue expanded worldwide. Microsoft attributed the disruption to elevated infrastructure load and is redistributing connection traffic to resolve the problem. This follows a major September outage of Microsoft 365. It remains unclear if other services are affected as the company works on a fix.".

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Source: Tech Crunch

Jensen Huang agrees to testify before Congress

Startups

Ex-Nvidia CEO Jensen Huang has agreed to testify before Congress by Thanksgiving, following threats of a subpoena. House Foreign Affairs Committee Chairman Brian Mast confirmed Huang's agreement to address "very serious questions" regarding export controls and an alleged affair with a suspected Chinese spy. The testimony will occur behind closed doors but will be recorded. Lawmakers had requested his appearance, emphasizing Nvidia's importance while seeking answers on critical issues.

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Source: Tech Crunch

Whoop just launched a social network

Startups

Whoop is launching "Whoop Humans," an opt-in social network allowing members to share health data like sleep and recovery. The company is expanding into medical wellness, reporting growth among users over 60 and joining a Medicare reimbursement program. With membership growing 70% annually, Whoop plans a future IPO and will begin selling devices at Ulta stores in March to further reach a diversifying customer base.

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Source: inc42

Exclusive: Why Zupee’s AI Pivot Was A Smokescreen For Its Shutdown?

Business

Delhi NCR-based gaming startup Zupee has reportedly laid off its entire workforce and is shutting down operations. Despite a recent announcement regarding a pivot toward AI, sources suggest the move was a cover for the company's closure. Zupee has discontinued its gaming business and shut down subsidiaries NeoAstro and Zupee Studio. Questions now surround the status of the $120 million raised from investors as the company winds down.

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Source: Tech Crunch

Norwest pushes deeper into AI with new $4B fund

Startups

Norwest, backed by Wells Fargo, has launched its largest fund to date, raising $4 billion to expand investments in artificial intelligence. The multi-stage firm will target AI startups across the United States, India, and Israel, focusing on healthcare, consumer, and technology sectors. Norwest aims to capitalize on physical AI, voice AI, and agentic cybersecurity, adopting a broad strategy to address AI's wide-reaching impact on various global industries.

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5 lessons to learn from the book Kaizen by Sarah Harvey

Startups

Sarah Harvey's "Kaizen" introduces a Japanese philosophy for life transformation through small, continuous improvements. Instead of overwhelming changes, the book advocates for gradual, manageable steps in areas like health, finances, and career. Key lessons include understanding existing habits, breaking goals into tiny tasks, and patiently tracking progress. This approach emphasizes consistent, minor adjustments for lasting personal development, avoiding the pressure of overnight transformation.

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Source: inc42

Turtlemint Trims Q2 Loss By 67% YoY To ₹26 Cr, Revenue Surges 35%

Business

Insurtech company Turtlemint significantly reduced its consolidated net loss for the September quarter (Q2 FY27) to ₹25.8 crore, marking a 67% year-on-year and 32% sequential decline. The firm's operating revenue grew 35% year-on-year and 16% sequentially to ₹342.2 crore, with total income reaching ₹351.7 crore. However, total expenses rose by 25% year-on-year to ₹375.2 crore, while tax expenses for the period were ₹2.3 crore.

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Source: inc42

Exclusive: Sofina To Lead PlatinumRx’s $32 Mn Funding At $200 Mn Valuation

Business

Online pharmacy PlatinumRx is reportedly in talks to raise $32 million in a funding round led by Sofina Ventures. The proposed transaction could value the 2023-founded startup between $150 million and $200 million. Specializing in affordable medicine alternatives, PlatinumRx previously secured $6 million in Series A. This potential investment underscores continued investor interest in specialized online pharmacy models, aiming to strengthen PlatinumRx's market presence and expand its reach.

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