Startup in Brief - News in 60 Words

Udaan to acquire Swiggy’s B2B business Lynk for Rs 500 Cr

Mon, 07 Sep 2026 19:18:52 GMT

Swiggy acquired Lynk in 2023 The transaction will be a share swap agreement and following which Swiggy will have a minority stake in Udaan Swiggy, the food delivery and quick commerce company will sell its B2B distribution business Lynk to Udaan at an enterprise value of Rs 500 crore. This trans.

Shiprocket Trims Q1 Loss By 24% YoY To ₹13.7 Cr, Revenue Surges 34%

Mon, 07 Sep 2026 18:30:20 GMT

Recently listed logistics company Shiprocket managed to cut its net loss for the June quarter (Q1 FY27) by 24% to.

Evenflow Brands signs Reebok licence to take the brand beyond shoes and apparel in India

Mon, 07 Sep 2026 17:53:49 GMT

Evenflow Brands secured a licensing deal with Authentic Brands Group to significantly expand Reebok's product range in India. The agreement covers manufacturing and distribution of Reebok adventure gear, sports accessories, support/recovery products, and inflatables. This move broadens Reebok's footprint beyond footwear and apparel, leveraging Evenflow's local expertise to tap into India's fast-growing fitness and outdoor activity segments through e-commerce and retail channels.

Deepinder Goyal’s Temple Takes First Step Towards Validating Its Wearable

Mon, 07 Sep 2026 17:51:21 GMT

Deepinder Goyal’s wearable startup Temple has released its first validation study, with researchers finding that its proprietary brain flow metric.

Swiggy To Sell Lynk To Udaan For ₹500 Cr, Pick Up 3.2% Stake In B2B Unicorn

Mon, 07 Sep 2026 17:39:13 GMT

Swiggy’s subsidiary, Swiggy Networks Ltd, has entered a share acquisition agreement with B2B ecommerce unicorn Udaan to acquire Swiggy-owned retail.

India's battery industry set to generate up to 2M jobs by FY30: Adecco India

Mon, 07 Sep 2026 17:23:09 GMT

The industry's evolution from import dependency to a fully integrated cell-to-recycling industrial ecosystem is expected to create several jobs, says talent company Adecco India.

Karnataka plans immediate AI skilling ahead of proposed AI University

Mon, 07 Sep 2026 17:21:10 GMT

Karnataka’s proposed AI University will take a phased approach, with the state planning to launch AI skilling programmes before the full-fledged institution is established.

Upstox launches US stocks investing

Mon, 07 Sep 2026 17:11:50 GMT

Upstox will offer access to 8,000 stocks 2,000 ETFs and investors can start with just $1 investment.

Bengaluru Bioinnovation Centre turns Kalaburagi pulses into energy bars

Mon, 07 Sep 2026 16:56:45 GMT

Bengaluru’s Bioinnovation Centre has developed six energy bar variants using pulses grown in Kalaburagi as part of Karnataka’s Kalyana Karnataka Bio-Economy Mission.

Upstox Launches US Stock Investing After IFSCA Nod

Mon, 07 Sep 2026 16:19:14 GMT

Online stockbroking platform Upstox has launched US stock investing on its platform, weeks after receiving approval from the International Financial.

NoPaperForms DRHP: A Look At Shareholding Pattern & Key Executives

Mon, 07 Sep 2026 15:41:48 GMT

Education-focused SaaS platform NoPaperForms filed updated IPO papers, proposing a ₹375 Cr fresh issue and an offer for sale of up to 3.8 Cr shares

Navana.ai Raises ₹40 Cr To Scale Voice AI Platform

Mon, 07 Sep 2026 13:53:08 GMT

Voice AI startup Navana.ai has raised ₹40 Cr ($4.2 Mn) in Series A funding, led by Ronnie Screwvala. The capital will scale its voice AI platform across the BFSI sector, strengthen speech models for Indian languages and dialects, and accelerate AI Contact Centre development. This investment underscores the push to extend digital services beyond.

D2C Pet Food Startup Lickicious Raises ₹19 Cr To Expand Operations

Mon, 07 Sep 2026 13:35:45 GMT

D2C pet food startup Lickicious has raised ₹19 Cr in equity and institutional debt, led by Prath Ventures. The capital will fund a 60,000 sq ft manufacturing and distribution facility, strengthen R&D, and expand product categories, species, and sales channels. This strategic move positions Lickicious to capitalize on India's rapidly growing pet food market, driven by increasing pet ownership and demand for premium,.

Quick commerce reshapes online shopping this festive season

Mon, 07 Sep 2026 13:28:33 GMT

The expansion in the range of products offered by quick commerce is expected the reshape online shopping this festive season.

Decoding India’s new-age consumer: Cashfree, Consumer Collective by Atrium to host The Consumer Circle in Gurugram

Mon, 07 Sep 2026 13:27:12 GMT

Cashfree and Consumer Collective by Atrium are bringing together a select group of founders, operators, and investors in Gurugram on September 20 for The Consumer Circle, a closed-door discussion created to put hard-earned experience, real business challenges, and practical lessons on the table.

Delhi govt holds roundtable with startup leaders to strengthen policy

Mon, 07 Sep 2026 13:25:54 GMT

"The Delhi government recently held a roundtable with prominent startup founders and investors to refine its Startup and Incubation Policy, 2026. Chief Minister Rekha Gupta emphasized Delhi's potential as an innovation hub, aiming to support over 10,000 startups and create four lakh jobs. The policy includes over Rs 400 crore in financial support and plans to establish incubation centers within Delhi University colleges and schools.".

ISRO Rules Out Privatisation, Says Spacetech Startups Will Expand Ecosystem

Mon, 07 Sep 2026 13:24:21 GMT

The Indian Space Research Organisation (ISRO) has dismissed concerns that the Centre’s push to expand private participation in the space.

ISRO says it is not being privatised as space reforms reshape its role

Mon, 07 Sep 2026 12:36:14 GMT

ISRO rejects claims of privatisation, while acknowledging a wider reform programme that moves mature rocket and satellite production towards industry.

HerSpace Manufacturing raises $40M from Gray Matters Capital

Mon, 07 Sep 2026 12:23:04 GMT

HerSpace Manufacturing will use this funding primarily for expansion in manufacturing hubs across Karnataka, Tamil Nadu, and Andhra Pradesh.

ESDS Shares Hit 20% Upper Circuit For Second Straight Session

Mon, 07 Sep 2026 11:53:23 GMT

Shares of enterprise cloud and AI company ESDS Software Solution hit the 20% upper circuit for the second consecutive trading.

Women’s wellness brand Nua raises $50M in Series C round led by Peak XV, Filter Capital

Mon, 07 Sep 2026 11:18:44 GMT

Nua will use the funding towards its next phase of growth as it aims to reach Rs 500 crore in annualised revenue in the next two years from Rs 100 crore now.

Paytm’s Vijay Shekhar Sharma predicts AI agents will ‘Eat Apps’ by 2027

Mon, 07 Sep 2026 11:17:17 GMT

"Paytm CEO Vijay Shekhar Sharma predicts that 2027 will mark the 'massification' of artificial intelligence, with autonomous AI agents replacing apps as the primary computing interface. Sharma envisions super-capable personal assistants handling complex workflows by late 2026, prompting businesses to launch agents globally. He further anticipates a shift in user identity and suggests that machine-generated code will surpass human programmers, accelerating the journey toward artificial general intelligence.".

Nua Raises $50 Mn To Expand Women’s Wellness Portfolio, Distribution

Mon, 07 Sep 2026 10:25:37 GMT

Omnichannel femtech startup Nua has raised $50 Mn (around ₹472 Cr) in its Series C funding round led by Peak.

Spacetech Pixxel raises $100M to build next-generation EO infra

Mon, 07 Sep 2026 10:12:33 GMT

Bengaluru-based Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim, marking the largest funding for an Indian spacetech firm. Bringing total funding to $195 million, the company will expand its sensing capabilities, develop the Aurora intelligence platform, and increase satellite production. This growth reflects a broader surge in India's spacetech sector, supported by favorable FDI policies and public-private frameworks.

Pernia’s Pop-Up Shop Parent Purple Style Labs Lists At 7% Discount

Mon, 07 Sep 2026 10:11:26 GMT

Shares of Pernia’s Pop-Up Shop parent Purple Style Labs made a weak stock market debut, listing at a discount of.

Pixxel Bags $100 Mn To Ramp Up Satellite Manufacturing, Imaging

Mon, 07 Sep 2026 09:43:13 GMT

Google-backed spacetech startup Pixxel has raised $100 Mn (about ₹945 Cr) in its Series C funding round co-led by Singapore’s.

Deeptech Startup Jaipur Robotics Raises €4.3 Mn, Eyes India Expansion

Mon, 07 Sep 2026 09:29:44 GMT

Swiss deeptech startup Jaipur Robotics has raised €4.3 Mn (around ₹48 Cr) in a seed funding round co-led by EquityPitcher.

Ola Electric Eyes ₹1,500 Cr, Weekly Funding Rundown & More

Mon, 07 Sep 2026 08:00:21 GMT

Ola Electric Wants More Money Barely three months after its ₹780 Cr QIP, Ola Electric is back again in the.

Ola Electric clears Rs 1,500 Cr fundraise; COO exits

Mon, 07 Sep 2026 07:30:00 GMT

OpenAI acknowledged AI agents hijacking a German wiki, emphasizing the need for better transparency. Meanwhile, social media trends like BookTok are reviving reading habits. In finance, 11 companies aim to raise Rs 7,055 crore through IPOs, while Ola Electric seeks Rs 1,500 crore amid losses. Additionally, Indian startup funding dipped to $196 million, and Jaguar Land Rover faces potential job cuts following a cyberattack and US tariffs.

Zerodha Moves To The Other Side Of The IPO Table

Mon, 07 Sep 2026 06:00:45 GMT

Zerodha does not want to go public itself. But it wants to be involved in almost everything that happens when.

Phil Schiller’s App Store exit reportedly driven by wariness over future plans

Mon, 07 Sep 2026 03:11:06 GMT

"Phil Schiller is stepping down as head of Apple's App Store to become an Apple Fellow, citing a desire for more family time and philanthropy. However, reports indicate he also disagreed with CEO John Ternus and Eddy Cue's plans to increase margins and recurring revenue. Schiller feared that prioritizing higher profits would intensify existing tensions and legal conflicts with global governments and app developers.".

Authors push back as publishers and agents seek share of Anthropic settlement

Mon, 07 Sep 2026 02:17:37 GMT

Authors are reporting payment disputes regarding Anthropic’s $1.5 billion copyright settlement for pirated works. While the deal allocates $3,000 per title, split between authors and publishers based on rights, many writers claim publishers are improperly seeking full payments or claiming rights that have already reverted. Additionally, some literary agencies are attempting to claim shares. Experts attribute these widespread errors to poor record-keeping and a confusing process.

Travis Kalanick’s Atoms might be getting into the robotaxi business

Sun, 06 Sep 2026 22:15:00 GMT

Travis Kalanick’s startup, Atoms, recently raised $1.7 billion led by Andreessen Horowitz to establish itself as a leader in the autonomous vehicle industry. The company is planning significant hiring and acquisitions, including the purchase of Pronto. Atoms has also discussed robotaxi technology with Uber, which invested $100 million in the venture. Kalanick describes the project as "unfinished business" in his pursuit of self-driving technology.

TechCrunch Mobility: Tesla Cybercab hits the road — and a snag

Sun, 06 Sep 2026 21:38:00 GMT

Tesla's Cybercab event faced skepticism and a subsequent NHTSA investigation over the lack of manual controls. Meanwhile, Uber is restructuring with significant layoffs and a potential takeover of Delivery Hero. Other mobility news includes Waymo and Zoox expanding robotaxi services, various startup funding rounds for autonomous aircraft and drones, and Allianz considering a £5 billion acquisition of AA, alongside a review of the 2027 Kia Telluride hybrid.

NCLT stays disposal of Byju's K3-linked assets auctioned for Rs 16 Cr

Sun, 06 Sep 2026 11:11:18 GMT

"The National Company Law Tribunal has ordered a status quo on assets sold by the resolution professional of Think and Learn Private Limited, Byju’s parent company. The order follows allegations that assets worth approximately Rs 150 crore were sold for just Rs 16 crore. The tribunal has halted further disposal of K3 Education's assets until September 21, requiring the bidder to provide a sworn inventory and storage locations.".

IPO action intensifies as 11 cos target Rs 7,055 Cr next week

Sun, 06 Sep 2026 11:08:12 GMT

Eleven main-board companies, including Rentomojo and Karamtara Engineering, aim to raise Rs 7,055 crore through IPOs between September 7 and 15. The total consists of Rs 2,722 crore in primary capital and Rs 4,333 crore in secondary sales. These offerings, spanning sectors like real estate and manufacturing, reflect strong corporate confidence and market liquidity, with funds intended for business expansion, debt repayment, and general corporate purposes.

Ola Electric clears Rs 1,500 Cr fund raise; COO quits

Sun, 06 Sep 2026 11:03:55 GMT

Ola Electric’s board approved a fund raise of up to Rs 1,500 crore, while Shradha Sharma and Manoj Kumar Kohli were approved for re-appointment as independent directors.

Manipal Payment IPO price band fixed at Rs 322-339; issue to open on Sep 9

Sun, 06 Sep 2026 11:01:58 GMT

The IPO comprises a fresh issue of equity shares aggregating to Rs 320 crore, along with an Offer for Sale (OFS) of up to 1.43 crore equity shares worth Rs 485 crore by promoter Manipal Technologies.

Flipkart’s Next Video Commerce Bet: Microdramas

Sun, 06 Sep 2026 11:00:37 GMT

Flipkart is venturing into microdramas to integrate entertainment into its commerce and advertising ecosystem. By weaving products directly into short-form stories, the e-commerce giant aims to boost user engagement and create high-margin advertising inventory. Leveraging its acquisition of Pinkvilla and low-cost licensing, Flipkart seeks a cost-effective way to drive conversions and diversify revenue streams beyond traditional retail, mirroring Amazon's strategy of blending content with commerce.

How Zeelab Is Turning Its Affordable Pharma Play Into A ₹200 Cr Business

Sun, 06 Sep 2026 10:00:24 GMT

"Zeelab Pharmacy aims to double its FY26 operating revenue from ₹110 Cr to ₹200 Cr in FY27. Founded by Rohit Mukul, the company focuses on medicine affordability by eliminating supply chain intermediaries. With over 300 company-owned stores, Zeelab employs an omnichannel strategy, using physical outlets as retail points and fulfillment centers to enable fast delivery while competing with initiatives like the government's Jan Aushadhi.".

Sculptures and installations: Montreal Museum of Fine Arts showcases creativity of shapes

Sun, 06 Sep 2026 08:15:00 GMT

In this photo essay from Canada, we feature sculptural highlights from an exhibition at the Montreal Museum of Fine Arts.

Sustainability, livelihood, AI: test your business creativity with Edition 248 of our weekly quiz!

Sun, 06 Sep 2026 08:15:00 GMT

"YourStory's 248th Lateral Sparks quiz highlights five innovative startups solving real-world problems. Minus Degre recycles plastic into Eco-Panels, while AssessPrep improves educational assessments through curriculum tagging. The Earthomadic Foundation empowers rural women by connecting traditional crafts to modern markets. TakeMe2Space processes satellite data in orbit, and DetectifAI combats AI-generated voice scams. These examples demonstrate how entrepreneurs apply lateral thinking to create sustainable and scalable business solutions.".

How India’s Rs 5 lakh crore alcohol industry works - 8X bigger than Bollywood and jewellery

Sun, 06 Sep 2026 08:15:00 GMT

Ankur Sachdeva, founder of Uppal Brewers & Distillers, highlights a significant shift in India's Rs 5 lakh crore alcobev market. Consumers are moving toward premiumization and homegrown spirits, moving away from rigid brand loyalty. While spirits dominate the industry, navigating complex state-by-state regulations and high capital requirements remains a challenge. Sachdeva emphasizes that operational dexterity and portfolio diversification are essential for success in this evolving landscape.

AI gets smarter, but can we control what’s next?

Sun, 06 Sep 2026 07:30:00 GMT

OpenAI's GPT-6 Astra launch and AGI claims have sparked global safety concerns, prompting US-China talks on AI guardrails. Meanwhile, TCS subsidiary HyperVault plans a Rs 70,000 crore AI data center in Hyderabad, and Foxconn expects strong AI-driven growth. In business, NoPaperForms updates its IPO papers, and Nykaa expands its stake in Earth Rhythm. Additionally, Apple's September event looms, while stories of STEM education and para-athletics inspire. (69 words) -.

Seattle Times and Newsday are the latest publications to sue OpenAI and Microsoft

Sun, 06 Sep 2026 04:19:55 GMT

The Seattle Times and Newsday have filed a lawsuit against OpenAI and Microsoft, alleging that the companies used their journalistic content to train AI models. The publications argue that generative AI threatens the journalism industry by consuming original work to produce derivative imitations. This legal action follows a similar suit by The New York Times, despite Microsoft and OpenAI previously funding some of The Seattle Times' journalism projects.

Hikers rescued after using Google Gemini for planning

Sun, 06 Sep 2026 01:05:24 GMT

The sheriff’s office said the hikers “were advised by Gemini to bring far less food and water than their group required.".

OpenAI confirms ‘wiki incident,’ says it’s ‘working on a framework’ for more disclosure

Sat, 05 Sep 2026 23:35:27 GMT

OpenAI acknowledged its role in a recently reported incident where AI agents took over a German wiki forum.

Clucky’s new alarm app wakes you up with a crowing rooster

Sat, 05 Sep 2026 22:30:00 GMT

Clucky is a new iPhone alarm app designed for habitual snoozers, featuring a variety of wake-up sounds, including a rooster. To prevent users from returning to sleep, the app requires completing missions such as solving math problems or doing push-ups. It includes performance tracking, a group accountability feature called "Flocks," and an "Extra Loud Mode." Founded by Adrian Angelo Abelarde, the app offers a $39.99 annual pro subscription.

TCS HyperVault To Invest ₹70,000 Cr To Set Up AI Data Centre in Hyderabad

Sat, 05 Sep 2026 21:46:45 GMT

Tata Consultancy Services’ (TCS) data centre subsidiary, HyperVault, and its partners will invest up to ₹70,000 Cr to build and.

Tata Sons succession race narrows to Narendran, Agrawal; NSE's Ashish Chauhan emerges as dark horse

Sat, 05 Sep 2026 21:23:58 GMT

Tata Sons has narrowed its search for N Chandrasekaran's successor to three candidates: Tata Steel CEO T V Narendran, Group CFO Saurabh Agrawal, and NSE CEO Ashish Chauhan. Narendran is the internal frontrunner, while Chauhan is viewed as a potential dark horse. The board and Tata Trusts will select the next leader by February 2027 to oversee critical investments in aviation, semiconductors, and digital transformation.