PM Modi lays out seven-point 'Sapta Dhara' framework for 'Viksit Bharat'

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PM Modi lays out seven-point 'Sapta Dhara' framework for 'Viksit Bharat'

Startups

Prime Minister Narendra Modi introduced the 'Sapta Dhara' reform framework during India's 80th Independence Day address to accelerate the nation's goal of becoming developed by 2047. This seven-point strategy focuses on manufacturing, agro-food production, technology, logistics, defence, the green and blue economy, and soft power. Modi emphasized a holistic approach, urging self-reliance and global competitiveness to leverage youth power and establish India as a trusted global partner.

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IPO-Bound Zetwerk’s FY26 Loss Widens To ₹1,606.2 Cr Despite 40% Uptick In Revenue

Business

Zetwerk, a full-stack contract manufacturer, reported a widened net loss of ₹1,606.2 crore for FY26, despite a 40.4% increase in operating revenue to ₹15,913.3 crore. The company's restated loss improved to ₹41.1 crore. Preparing for an IPO, Zetwerk plans a ₹2,600 crore fresh issue to repay borrowings and fund acquisitions. The firm operates over 26 facilities globally, serving major clients like Siemens Gamesa and Acer India.

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PM Modi Bets On Tech To Empower Youth With AI Skilling, Online Coaching

Business

During his 80th Independence Day address, Prime Minister Narendra Modi announced free online coaching for competitive exams and AI training for 10 million youth over the next year. He highlighted India's semiconductor progress, with three plants active and more coming soon. Additionally, Modi introduced the "Sapta Dhara" roadmap, focusing on manufacturing, technology, and innovation to transform India into a developed nation by 2047.

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PM Modi announces free online coaching for youth

Startups

Prime Minister Narendra Modi announced free online coaching for competitive exam aspirants and AI training for one crore youth during India's 80th Independence Day address. Aiming to reduce financial burdens on families, the initiative leverages digital infrastructure and talent. Modi also highlighted educational advancements since 2014, including the addition of 650 universities, increased medical seats, a new education policy, and the arrival of foreign universities in India.

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Global innovation hub to AI skill training for 1 Cr youth: PM Modi outlines nation’s tech ambitions

Startups

Prime Minister Narendra Modi emphasized technology and innovation as central to India's growth during his 80th Independence Day address. He outlined a vision for "Viksit Bharat," focusing on AI, quantum computing, space, and robotics. To prepare the workforce, the Prime Minister announced AI skill training for one crore youth over the next year. Additionally, he urged India to lead in digital public technologies and implement Made-in-India 6G nationwide.

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AI Startups To Watch: 5 Startups That Caught Our Eye In August

Business

India's AI sector is evolving beyond general foundation models toward specialized infrastructure and domain-specific applications. Supported by the ₹10,300 Cr IndiaAI Mission and surging investment, startups are now tackling real-world deployment. Five emerging ventures—Clairva, Coreworks, eNLife Research, Kalpnk, and UpKraft—exemplify this shift, focusing on physical-world data, business intelligence, healthcare, filmmaking, and education to build a self-reliant, globally competitive AI ecosystem tailored to Indian needs.

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Art for a cause: Bhoomi exhibition highlights creativity for nature and social impact

Startups

The Venkatappa and Swasti art galleries in Bengaluru are jointly hosting "Bhoomi," a group exhibition featuring works by approximately 40 artists from Karnataka. The exhibition explores humanity's relationship with nature through paintings, sculptures, and installations to promote environmental consciousness. Curated by Bhagya Ajaikumar and Pradeep Kumar DM, the event also supports a humanitarian cause, with a portion of artwork sales benefiting the HCG Foundation's cancer patients.

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7 Must-read books on India’s pre-1947 business pioneers

Startups

Before 1947, visionary Indian entrepreneurs like Jamsetji Tata and G.D. Birla established the nation's industrial foundations under colonial rule. By building businesses in steel, textiles, and aviation, they drove economic growth and nation-building. Seven influential books explore these pioneers, detailing their resilience, the role of community networks, and the evolution of Indian capitalism, providing critical insights into the origins of the country's modern economic landscape.

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From Yulu To Discovered Materials — Indian Startups Raised $140 Mn This Week

Business

Indian startup funding activity remained muted in the second week of August, even as astrology platform AstroTalk joined the unicorn.

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Meet the faujis who swapped uniforms for startups

Startups

India celebrates its 80th Independence Day by honoring forgotten women freedom fighters and exploring Gen Z's views on liberty. Scientifically, Aditya-L1 reveals why the Sun's corona is hotter than its surface. In business, Zetwerk filed for a Rs 2,600 crore IPO, while India shifts its startup investment strategy toward direct equity. Additionally, Nintendo reports strong Pokémon sales, Alphabet's SpaceX investment surges, and PhysicsWallah sees revenue growth.

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Talks to sell PayPal to Stripe and Advent are heating up

Startups

"PayPal CEO Enrique Lores is pursuing a turnaround plan to reverse the company's lagging trajectory, which may include a potential sale. Reports indicate ongoing negotiations with Stripe and private equity firm Advent, following a previous $53 billion offer. Lores' strategy involves restructuring the business into three operating models, refocusing on technology fundamentals, and implementing cost-saving measures that could reduce the workforce by 20% over several years.".

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Self-driving trucks are officially testing on California highways

Startups

Aurora Innovation and Kodiak AI have received California DMV permits to test autonomous trucks on public roads following the lifting of a ban on heavy-duty driverless vehicles. While Kodiak has already begun testing near Mountain View, both companies must employ human safety operators. However, Teamsters California has sued the DMV, alleging the agency ignored safety risks and failed to study the economic impacts of self-driving trucks.

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Atomberg To Form JV With Voltas To Manufacture AC Compressors

Business

IPO-bound startup Atomberg has partnered with Tata-owned Voltas to form a joint venture for manufacturing energy-efficient room air conditioner compressors in India. While Voltas will serve as the anchor customer, the venture can supply other clients. This partnership leverages Voltas' market scale and Atomberg's engineering expertise. The move comes as Atomberg prepares for a public offering to raise between ₹1,500 crore and ₹2,000 crore.

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Thrive’s Joshua Kushner chides Silicon Valley VCs over AI euphoria

Startups

In its first investor letter, Thrive Capital founder Joshua Kushner criticized Silicon Valley's "spray-and-pray" venture capital model, advocating instead for a concentrated investment strategy. Managing $60 billion in assets, Thrive focuses capital on a few high-conviction bets, including OpenAI and SpaceX. With a 33% net internal rate of return, the firm emphasizes investment discipline and internal transformation over the typical disruption-focused approach of its West Coast rivals. (69 words) -.

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WeWork Inc Sells 2.5% Stake In WeWork India For ₹244 Cr

Business

US-based WeWork Inc sold a 2.53% stake in WeWork India, offloading 35 lakh shares for ₹244.1 crore at ₹697.55 apiece. The bulk deal, involving buyers like ICICI Prudential MF and Motilal Oswal, allowed the company to book profits after shares surged 43.3% in three months. Despite a Q1 FY27 loss of ₹4.1 crore, WeWork India saw revenue grow 28% and expanded its desk capacity to 1.3 lakh.

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What we know about the alleged Iranian hacks on U.S. water utilities

Startups

Recent coordinated cyberattacks have targeted water utilities across approximately a dozen U.S. states, including Minnesota and Georgia. While the U.S. government has not officially named a culprit, intelligence agencies suspect the Iranian government's Islamic Revolutionary Guard Corps. These attacks exploited internet-connected systems, causing operational degradation and temporary water advisories. Experts warn that such campaigns aim to expose infrastructure vulnerabilities and spread public panic.

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Read-it-later app Pocket shut down down — here are the best alternatives

Startups

Mozilla shut down its read-it-later app, Pocket, in May 2025, requiring users to export their data by October 8. This closure has driven users toward various alternatives, including Matter, Instapaper, and Raindrop.io. Many of these competitors offer advanced features like AI-powered summaries, Kindle integration, and open-source frameworks. These tools now serve as primary options for those seeking to save and organize online content for later reading.

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Maharashtra FDA Suspends Licences of 14 Dark Stores Of Blinkit, Zepto & Instamart

Business

The Maharashtra Food and Drug Administration has suspended the licenses of 14 dark stores operated by Blinkit, Zepto, and Instamart due to widespread food safety and hygiene violations. Following inspections of 86 establishments, officials also issued 60 improvement notices. This crackdown reflects increasing regulatory scrutiny of quick commerce platforms, coinciding with similar actions in Karnataka and a surge in consumer complaints regarding these rapidly expanding delivery networks.

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Every drone that flies over a city is one motor failure from being a falling object. This startup is building a safety kit to combat such failures.

Startups

Bengaluru-based Saubha Aerial Systems develops aerospace-grade emergency parachute recovery systems for commercial drones. Its autonomous "Mayday" trigger deploys canopies during critical failures without pilot input, aiming to reduce insurance costs and regulatory hurdles for logistics and defense operators. Additionally, the company has tested a drone netgun for counter-drone physical capture. Despite its specialized technology, the small firm has no disclosed funding or confirmed revenue figures.

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Altmin is building India's first factory to manufacture the cathodes inside lithium batteries

Startups

Hyderabad-based Altmin aims to reduce India's dependence on foreign lithium-ion battery materials by establishing an integrated supply chain for lithium iron phosphate. The company has launched a pilot plant and planned a large giga-factory in Telangana. Through partnerships in Bolivia and Brazil, and a joint venture with Singareni Collieries, Altmin is developing refining capabilities to produce battery-grade lithium, targeting a launch by late 2026.

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