Tech30 startup CARPL.ai raises $10M in Series A led by IFC

Startups • Your story

CARPL.ai, a California-based radiology AI marketplace, has raised $10 million in Series A funding led by the International Finance Corporation. The company will use the capital for product development and global expansion across North America, Europe, and emerging markets. Its vendor-neutral platform offers over 300 AI applications, helping healthcare providers scale diagnostic capabilities. The startup currently serves governments in India, Brazil, Singapore, Spain, and the UAE.

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Business • Shrishti Bisht

Insuretech platform Go Digit reported a 37.5% year-on-year profit slump to ₹86.4 crore for the quarter ended June 2026, down from ₹138.3 crore. Sequentially, profits fell 42.2% from ₹149 crore. The company's gross premium written decreased 8.4% year-.

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Business • Anjali Jain

In continuation to its attempt at becoming an Indian owned and controlled company (IOCC) Swiggy’s board has approved a proposal.

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Business • Debarghya Sil

Last week, Skyroot Aerospace’s Vikram-1 rocket lifted off from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, carrying multiple.

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Startups • Your story

Bengaluru-based startup Flo Mobility is automating construction material transport with its autonomous Flo Hauler robot. Capable of carrying 1.5 tonnes, the robot addresses labor shortages and improves safety. The company has deployed over 60 robots across 25 sites in India, reporting significant cost savings and efficiency gains. Having raised $3.3 million in total funding, Flo Mobility now plans to expand its operations into the Middle East.

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Mumbai-based startup EaseMyAI provides AI-powered computer vision software to automate safety and compliance monitoring at industrial sites. By integrating with existing camera feeds, the platform flags operational breaches in real-time, reducing risks and penalties. Serving over 30 clients, including Hitachi and ICICI Bank, the company has raised Rs 4.8 crore in seed funding to expand its product and distribution network across Indian industrial markets.

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Startups • Your story

The Bengaluru startup makes fire-resistant, high-density batteries for drones and aerospace. It raised Rs 12 crore in a seed round led by Avaana Capital.

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Business • Akshit Pushkarna

Ecommerce company Meesho significantly reduced its net loss for the June quarter (Q1 FY27) to ₹132.8 crore, a 54% decrease year-on-year and a 20% decline sequentially. The company reported operating revenue of ₹3,712.8 crore, marking a 48% year-on-year increase. Total income reached ₹3,826.4 crore, including other income of ₹114 crore, while total expenses surged 42% year-on-year to ₹3,959.2 crore during the same period.

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Business • Anne Florentyna

PharmEasy-owned Thyrocare reported a 34% year-on-year increase in consolidated net profit to ₹51.3 crore for Q1 FY27, compared to ₹38.3 crore in the previous year. Revenue from operations grew 24.4% to ₹240 crore, while total expenses rose 19.8% to ₹176.6 crore. The diagnostics chain also saw sequential growth, with profits increasing 5.3% and revenue rising over 7% from the preceding quarter.

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Startups • Tim Fernholz

White House science advisor Michael Kratsios accused Chinese company Moonshot of stealing proprietary U.S. technology to build its Kimi K3 model. Kratsios alleged Moonshot used "industrial distillation" to copy Anthropic’s Fable LLM and utilized banned Nvidia chips. While Treasury officials cited "watermarks" as evidence, some AI experts remain skeptical, arguing that distillation alone cannot explain the model's rapid development and advanced capabilities.

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Business • Anjali Jain

Edtech startup Klassroom has announced its SME IPO with a price band of ₹151-159 per share, aiming to raise ₹39 crore. Opening July 31 and closing August 4, the issue will fund technology upgrades, content development, marketing, and debt repayment. The hybrid learning platform, which reports strong profit growth and over 2 lakh paid subscribers, seeks a valuation of ₹148.1 crore for its BSE SME listing on August 7.

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Business • Anne Florentyna

CARPL.ai, an AI-powered healthtech startup, has raised $10 million in a Series A funding round led by the International Finance Corporation, with participation from Stellaris Venture Partners. The company provides a SaaS platform that allows healthcare providers to manage multiple medical imaging AI applications through a single interface. CARPL.ai will utilize the capital for product development, strengthening its technology stack, and expanding its global sales and delivery teams.

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Startups • Your story

ServiceNow has invested $40 million in Noida-based technology firm BusinessNext, valuing the company at $700 million. This Series C funding aims to accelerate the development of private AI solutions and autonomous operations for the banking and financial services sector. The two companies will collaborate to build a unified operating fabric, combining BusinessNext's customer-facing capabilities with ServiceNow's back-office orchestration to improve efficiency for global financial institutions.

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Business • Shrishti Bisht

"Delhi-based startup Farm Watt Innovations has raised ₹32.5 crore in a funding round co-led by IAN Alpha Fund and Rainmatter. Founded in 2023, the company converts agricultural waste into biogas, biochar, and biomass pellets. The startup intends to use the capital to expand its biomass collection network across 11 states, build aggregation hubs, and strengthen its supply chain to develop a fully integrated circular bioeconomy platform.".

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Startups • Your story

"Apple's Services segment has become its primary profit driver, boasting a 75.3% gross margin compared to 36.2% for hardware. Generating 42% of total gross profit, this division relies on App Store commissions, search licensing, and subscriptions. While hardware provides the user base, the 'toll booth' model generates recurring revenue. However, legal battles with Epic Games and international regulations continue to challenge Apple's commission structures.".

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Startups • Your story

China currently dominates global cargo container production, controlling over 95% of the market. To challenge this monopoly and reduce dependence, India has unveiled its first EXIM-grade container produced by DCM Shriram Group for Maersk. Supported by a ₹10,000 crore government scheme to boost capacity, India aims to enter a market where China's scale and low costs have long deterred competition, joining other challengers like Vietnam.

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Business • Palak Sharma

"AI-powered SaaS company BUSINESSNEXT has raised $40 million in a Series C round from ServiceNow Ventures, valuing the firm at $700 million. The investment gives ServiceNow Ventures a 5% stake. BUSINESSNEXT plans to use the capital to expand its international presence and advance agentic AI for autonomous banking. Additionally, the company will integrate ServiceNow’s AI platform to enhance governance and observability for financial institutions deploying AI agents.".

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Startups • Your story

India's crypto tax regime imposes a flat 31.2% tax on virtual digital asset gains, with no offsets for losses. Many investors mistakenly believe the 1% TDS covers their total liability, leading to significant under-reporting in tax returns. To avoid heavy penalties and notices, taxpayers should reconcile their trade history with Form 26AS and use Updated Returns (ITR-U) to correct past filing errors within four years.

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Business • Shrishti Bisht

Shares of Eternal jumped as much as 4.5% on the BSE today to hit an intraday high of ₹296.15 after.

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Startups • Jagmeet Singh

"ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, acquiring a 5% stake and valuing the firm at $700 million. This strategic partnership aims to expand AI-driven financial services globally by combining BusinessNext’s customer-facing banking workflows with ServiceNow’s back-office automation. The deal allows BusinessNext to leverage ServiceNow’s global sales network to accelerate growth beyond India and into international markets.".

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Tech30 startup CARPL.ai raises $10M in Series A led by IFC

Go Digit Q1: Profit Declines 37% YoY To ₹86.4 Cr

Swiggy Caps Foreign Ownership At 49.5% To Become Indian-Owned, Controlled Company

Vikram-1 Test Launch: Skyroot Enters Its Commercial Launch Era, Can It Take On SpaceX?

Flo Mobility builds robots that haul construction materials. L&T and Godrej use them

EaseMyAI uses cameras and AI to monitor factory floors, ports and warehouses

Indian drone makers import their batteries. Dreamfly Innovations wants to change that

Meesho Trims Q1 Loss 54% YoY To ₹133 Cr, Revenue Up 48%

PharmEasy-Owned Thyrocare’s Q1 Profit Soars 34% To ₹51 Cr

Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good

Edtech Startup Klassroom’s IPO To Open On July 31, Price Band Set At ₹151-159

CARPL.ai Bags $10 Mn To Scale Its AI Medical Imaging Marketplace

Banking tech company BusinessNext raises $40M from ServiceNow

Farm Watt Nets ₹32.5 Cr To Bolster Biomass Collection Network For CBG Production

Apple's real profit machine isn't the iPhone. It's the toll booth

Backed by Maersk and ₹10,000 crore, India challenges China’s 95% monopoly

SaaS Company BUSINESSNEXT Raises $40 Mn At $700 Mn Valuation

A founder's guide to crypto tax: Managing digital assets without compliance risk

Eternal Jump 4.5% As Brokerages Cheer Q1 Growth, Blinkit Margin Outlook

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push