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Shuddh Swad is building a regional snacks brand using traditional household recipes

Startups

Shuddh Swad makes preservative-free Bihari thekua using traditional recipes and crossed Rs 1 crore in revenue in its first year, fully bootstrapped.

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Source: inc42

Instant Help’s Ground Reality, Shiprocket’s Second Act & More

Business

The Cost Of India’s Convenience Economy Fuelled by massive capital and discounting wars, India’s instant service platforms are preparing for.

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Tazapay to be acquired by Circle in $400M stock deal; GalaxEye wins US patent for satellite imaging

Startups

US-based Circle Internet Group will strengthen its position in the APAC region following the acquisition of Tazapay; GalaxEye’s US patent for its OptoSAR satellite imaging technology strengthens its intellectual-property position as India’s private Earth-observation sector expands.

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Desi Tales is betting on cotton and craft for comfortable kids' festive wear

Startups

Bengaluru's Desi Tales makes 100% cotton ethnic wear and nightwear for kids, priced between mass-market and premium labels.

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Source: inc42

Quantum Cybersecurity Startup QNu Labs Nets ₹200 Cr To Scale R&D

Business

Quantum cybersecurity startup QNu Labs has raised ₹200 Cr (around $21 Mn) in its Series A1 funding round co-led by.

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Source: Tech Crunch

White House takes down ‘Build the Wall’ game after the Tetris Company complains

Startups

<summary>The Trump administration removed a Tetris-like video game, "Build the Wall," from its website after the Tetris Company complained about copyright infringement. The game, which tasked players with stacking blocks to.

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Source: Tech Crunch

Hackers are stealing Claude tokens from subscribers

Startups

AI consultant Grant de Swardt and other users discovered unauthorized token consumption on their Anthropic Claude accounts. Anthropic attributed the thefts to compromised session keys and infostealer malware used by bad actors to siphon usage. While the company suspended affected accounts and issued some refunds, users criticized the lack of itemized usage tracking. Consequently, de Swardt cancelled his subscription, citing inadequate tools for users to detect misuse.

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Source: Tech Crunch

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Startups

Cognition, the creator of coding assistant Devin, raised $2 billion at a $48 billion valuation, led by firms including Andreessen Horowitz. The startup's annualized run-rate revenue grew to $900 million, though high Nvidia server costs may lead to an $800 million cash burn this year. To reduce expenses, Cognition is developing its own models. Major enterprise clients include NASA and Goldman Sachs, signaling strong market demand.

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Source: Tech Crunch

The Exploration Company nabs $450 million to challenge SpaceX

Startups

"The Exploration Company (TEC) has raised $450 million in a record-breaking Series C round to develop reusable heavy-lift launchers and the Nyx cargo capsule. Aiming to reduce reliance on SpaceX and enhance European space sovereignty, TEC plans to dock Nyx with the International Space Station by November 2028. The company is utilizing advanced full-flow stage combustion engines to meet growing global demand for orbital access.".

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Source: inc42

PE Giant TPG Sells Shadowfax Shares In A ₹200 Cr Bulk Deal

Business

Private equity (PE) giant TPG yesterday offloaded Shadowfax shares worth ₹200 Cr via an open-market transaction. According to BSE data,.

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Source: Tech Crunch

Meta debuts its Muse AI agent. Will consumers trust it?

Startups

Meta has launched Muse, a personal AI agent for U.S. users designed to perform everyday tasks like booking travel and sending emails. The tool integrates with various apps and services, offering a free tier and paid subscriptions. While Meta emphasizes security through its Muse Secure VM, the launch comes amid significant privacy concerns and a history of legal settlements regarding the company's handling of consumer data.

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Source: inc42

IPO-Bound RentoMojo Nets ₹376 Cr From Anchor Investors

Business

Ahead of the commencement of the bidding for its public issue on September 9, furniture and appliance rental platform RentMojo.

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Source: Tech Crunch

How to watch Apple’s foldable iPhone announcement

Startups

Apple's annual iPhone event will stream live on September 9 at 10 AM PDT, and we're expecting big news.

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Source: Tech Crunch

OpenAI fought dirty on career-making math problem, says NYU mathematician

Startups

There is a $1 million bounty for the first person providing a solution to the Navier-Stokes existence and smoothness problem.

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Source: inc42

US-Based Circle To Acquire Peak XV-Backed Tazapay

Business

Existing backer and US-based crypto platform Circle Internet Group has signed a definitive agreement to acquire Peak XV Partners-backed B2B.

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Source: Tech Crunch

Google Cloud races to catch up in the AI deployment wars with Accenture deal

Startups

Google Cloud expands its enterprise AI push with Accenture, betting on forward-deployed engineers to drive adoption and overcome deployment bottlenecks.

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Source: inc42

PM Modi Urges Fintechs To Step Up Cybersecurity, Consumer Protection

Business

Prime Minister (PM) Narendra Modi has urged Indian fintech startups to further strengthen cybersecurity and consumer protection as the sector.

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Source: Tech Crunch

Google’s revived nuclear power plant gets $1.9B loan from US government

Startups

Google said it would bring an Iowa nuclear power plant back from the dead. Now, the plant's owner is getting a $1.9B loan from the U.S. Energy Department.

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Bajaj Finance acquires 5% stake in TrueFan AI

Startups

Bajaj Finance and TrueFan AI will expand their collaboration across personalised marketing, video generation among other things with the goal of enhancing customer experiences.

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Tazapay to be acquired by Circle in $400M stock deal

Startups

US-based Circle Internet Group will strengthen its position in the APAC region following the acquisition of Tazapay.

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