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Source: Tech Crunch

Uber invests $10M in Indian fleet operator Carrum at $168M valuation

Startups

Carrum Mobility operates about 5,100 vehicles in India and is Uber's largest fleet partner for its premium Uber Black service in the country.

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Source: Tech Crunch

Shipt becomes the latest delivery app with an AI shopping assistant

Startups

Users can ask the assistant to do things like "Create a cart for my Saturday tailgate for 25 people and include some brunch items," or "Build a cart for easy school lunches and after-school snacks," Shipt says.

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Source: Tech Crunch

AI spend per employee slumped at top firms in August — summer doldrums or a warning sign?

Startups

Falling token costs, cheaper models, and less spend per employee—AI adoption isn't playing out the way hyperscalers hoped.

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Motilal Oswal Alternates Invests ₹600 Crore in KARAM Safety for Global M&A Push

Startups

KARAM Safety, India's largest PPE maker, raises ₹600 crore from Motilal Oswal Alternates to fund global M&A and expansion.

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Samtel Avionics, BULL explore joint approach to space debris

Startups

Samtel Avionics and Japan’s BULL will explore combining passive post-mission disposal and active debris removal technologies to develop practical solutions for space sustainability.

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From AI pilots to production: Rebuilding the enterprise stack for intelligent agents

Startups

At DevSparks Hyderabad 2026, leaders from MetLife and Tiger Analytics explored what it will take to move enterprise AI from experimentation to production, from AI-ready data and semantic layers to governance, human judgment, and measurable business outcomes.

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Footprints Preschool & Daycare expands Bengaluru presence with new centre at RMZ Eco World, Bellandur

Startups

Subtitle: New centre brings HighScope-based early-years learning and daycare into one of Bengaluru's largest tech parks, with corporate daycare partnerships open for companies in the Outer Ring Road corridor. Image caption: Purvesh Sharma, Co-founder and COO, Footprints Preschool & Daycare, wi.

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Source: Tech Crunch

Group of bipartisan lawmakers ask US government to ban several hack-for-hire firms

Startups

"Bipartisan U.S. lawmakers have urged the Commerce Department to place three Indian hack-for-hire firms—BellTroX, CyberRoot, and Sunkissed Organic Farms—on its economic sanctions entity list. The lawmakers accuse these companies of conducting cyberattacks and espionage against Americans to manipulate litigation and suppress reporting. Allegedly operating for the Qatari government, these firms are accused of stealing data and using foreign courts to censor public awareness.".

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Source: Tech Crunch

Autonomy pivots to gas vehicles to keep the dream of car subscriptions alive

Startups

Scott Painter, founder of TrueCar, is still trying to build a business around vehicle subscriptions, where you can cancel at any time.

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Source: Tech Crunch

Instacart launches an AI grocery shopping assistant called Clementine

Startups

Instacart launched Clementine, an AI-powered grocery shopping assistant now available in the U.S. and Canada. Clementine transforms conversations, recipes, or lists into ready-to-buy carts, helping users plan meals, manage budgets, and simplify shopping. It offers personalized recommendations, dietary options, deals, and can process handwritten lists. This positions Instacart to compete as a primary meal planning tool, aiming to keep users within its app for all grocery-related decisions, similar to rival delivery apps.

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Source: Tech Crunch

Sequoia doubles down on Cymphony as AI agents create new enterprise security risks

Startups

Cymphony was valued at more than $100 million in a $25 million Series A co-led by Sequoia and SMBC Fin Atlas Beyond Fund.

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Carrum Mobility raises $10M in Series B led by Uber

Startups

Carrum Mobility, a B2B fleet management platform, secured $10 million in Series B funding led by Uber, marking Uber's second investment. The capital will fuel expansion across India, strengthen its technology, and scale operations, supporting both Carrum's core mobility and Uber Black services. The company has nearly doubled its business, operates over 50.

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Source: Tech Crunch

Besxar is building an orbital semiconductor factory, one SpaceX rocket at a time

Startups

If you want to manufacture in space—and bring the products back again—there’s a limited set of options: Wait to go to the International Space Station, or partner with a handful of start-ups launching spacecraft that spend time in orbit before they return to Earth. But the vehicle that goes to space and comes back to […].

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Source: Tech Crunch

Suno replaces its AI models with a new one trained on licensed music as copyright suits pile up

Startups

As it grapples with a bevy of lawsuits, Suno said its new model, Suno v6, is not trained using music it used to train previous versions of the AI model.

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Source: inc42

Maharashtra Eyes First State-Level Land Tokenisation Framework: CM Fadnavis

Business

Maharashtra is working to establish India’s first state-level legal framework for blockchain-based tokenisation of land and other immovable assets, chief.

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BharatPe launches Agentic AI and credit coach at Global Fintech Fest 2026

Startups

BharatPe Agentic AI built with Gemini on Google Cloud, brings a 24x7 personal AI assistant to merchants, powered by 60+ live systems.

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Source: inc42

ESDS Hits Upper Circuit For Fourth Straight Day, Rises To 3.3X IPO Price

Business

Riding the bulls since listing last Friday, stock of enterprise cloud and AI company ESDS Software Solution hit an upper.

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Source: inc42

UIDAI Launches SDK, Sandbox To Ease Aadhaar Face Authentication

Business

The Unique Identification Authority of India (UIDAI) today launched “Face Auth SDK & Sandbox”, a set of software tools and.

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Source: inc42

PhonePe, Visa Partner For Cardless Payments In India, 14 Overseas Markets

Business

PhonePe and Visa have partnered to launch three new payment solutions. These include Tap to Pay for domestic in-store transactions, allowing Android users to pay with tokenized cards. Cross Border Scan to Pay will enable overseas payments in 14 markets using tokenized cards. Additionally, Smart Accept will let small merchants accept contactless card payments directly on their smartphones, expanding PhonePe's card offerings and simplifying transactions for users and businesses.

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Source: inc42

FIU Issues Notices To 15 Crypto Platforms, Initiates Takedown

Business

The Financial Intelligence Unit-India (FIU-IND) has issued notices to 15 offshore virtual digital asset (VDA) service providers for non-compliance with.

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