March 2, 2026
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Startup

Startup News

Nothing 15 1

Reliance in advanced talks to lead $50 million raise in spacetech startup Digantara

Business News Desk06 mins mins

Reliance Industries Ltd (RIL), India’s largest conglomerate, is reportedly in advanced-stage negotiations to lead a $50 million funding round in Digantara, a Bengaluru-based spacetech startup known for its innovative space situational awareness (SSA) technology. The proposed investment underscores Reliance’s expanding ambitions beyond traditional energy and telecom into the fast-growing new space economy, positioning itself as…

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SoftBank’s Sumer Juneja Exits Lenskart Board; IndWealth’s Ashish Kashyap and PaySense’s Prashanth Karanjkar Join Ahead of Mega IPO Plans

Business News Desk15 mins mins

In a strategic reshuffle that underscores its readiness for a much-anticipated IPO, India’s leading omnichannel eyewear brand Lenskart has announced significant changes to its board of directors. SoftBank India head Sumer Juneja has stepped down from the board, making way for two seasoned entrepreneurs — Ashish Kashyap, founder of IndWealth, and Prashanth Karanjkar, co-founder of…

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Flipkart’s VP Smrithi Ravichandran Set to Join PE Firm Multiples, Signaling Strategic Shift Toward Investment Ecosystem

Business News Desk05 mins mins

In a significant career move that underscores the growing intersections between technology, retail, and finance, Flipkart’s Vice President Smrithi Ravichandran is reportedly set to join the prominent private equity firm Multiples. This development marks a pivotal transition for one of India’s most accomplished e-commerce leaders and reflects the broader talent migration from tech-driven consumer companies…

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Perplexity’s Comet lets users order food with AI prompts, says CEO Aravind Srinivas

Business News Desk06 mins mins

In a significant advancement in the practical application of artificial intelligence, Perplexity AI has launched a new capability within its cutting-edge AI agent, Comet, allowing users to order food through conversational prompts. CEO Aravind Srinivas unveiled the development in an exclusive statement, asserting that the move will redefine how people interact with commerce platforms using…

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Thiruvananthapuram startup Netrasemi raises ₹107 crore from Zoho Corp, Unicorn India Ventures to power India’s semiconductor ambitions

Business News Desk05 mins mins

In a significant development that signals a robust shift towards deep-tech manufacturing in India, Thiruvananthapuram-based semiconductor startup Netrasemi has successfully raised ₹107 crore in funding from marquee investors including Zoho Corporation and Unicorn India Ventures. This funding round, among the largest for a fabless semiconductor startup from Kerala, positions Netrasemi at the forefront of India’s…

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Nothing 71 1

Deeptech startup Plenome Technologies raises ₹6.5 crore from Indian and global investors

Business News Desk14 mins mins

In a significant development in India’s deeptech ecosystem, Plenome Technologies, a promising startup focused on revolutionizing genomic research and precision diagnostics, has secured ₹6.5 crore in funding from a mix of Indian and international investors. The round marks a milestone for the Bengaluru-based firm as it aims to accelerate R&D and commercial deployment of its…

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Nothing 70 1

Cloud kitchen firm EatClub to raise Rs 185 crore from Tiger Global, A91 Partners, 360 One

Business News Desk04 mins mins

In a significant development within India’s growing food-tech and cloud kitchen space, EatClub Brands, the parent company behind popular food delivery brands such as BOX8 and Mojo Pizza, is reportedly set to raise ₹185 crore (approximately $22 million) in a fresh funding round. The infusion will come from marquee investors including Tiger Global, A91 Partners,…

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Nothing 20 1

Startup claims it can make gold from mercury using fusion; science fiction turns real

Business News Desk05 mins mins

In a breakthrough that echoes ancient alchemical dreams, a US-based startup has announced that it has successfully converted mercury into gold using nuclear fusion technology. The claim has captured the imagination of scientists, investors, and the public alike, as transmutation of elements—once dismissed as science fiction or medieval fantasy—could now be entering the realm of…

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Indian AI Startup CoRover Makes European Breakthrough with BharatGPT Mini Launch

Business News Desk05 mins mins

In a defining moment for India’s artificial intelligence sector, Bengaluru-based startup CoRover has made history by launching its multilingual AI model, BharatGPT Mini, at VivaTech 2025 in Paris. This marks the first European commercial deployment of an Indian-developed conversational AI system, positioning CoRover as a global pioneer in sovereign, privacy-first AI solutions. 🌍 Strategic Leap:…

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Nothing 6

Indian-Origin CEO Faces Backlash for Joining Google After $3 Billion Windsurf Deal Collapses

Business News Desk05 mins mins

Varun Mohan, the Indian-origin co-founder and CEO of AI startup Windsurf, is facing intense scrutiny after abruptly leaving the company to join Google’s DeepMind. The move came just days before a $3 billion acquisition deal with OpenAI was expected to close, triggering a wave of criticism from investors, industry leaders, and social media users. The…

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