Happi Planet raised $2 million led by Fireside Ventures and Prath Ventures, marking its first institutional round after internal funding. Founded in 2021 in Mumbai, it makes eco-friendly home-care products like laundry and dishwashing liquids and surface cleaners. Funds will expand products, scale operations, and grow D2C, online, and retail reach, competing with Neynto, Beco, and The Better Home.

Oroos Confectionery raised Rs 20 crore ($2.26M) from Fireside Ventures and SBI to build an automated plant in Greater Noida and expand into tier II and III cities. Founded in 2025 by Raje Suneet Jain and Prashant Manral, it targets affordable confectionery for mass consumers through general and modern trade. India’s confectionery market may hit Rs 597B by 2033.

SaveSage raised $1 million in pre-seed funding led by Bhavesh Gupta with N.R. Narayanan and Venture Catalysts. Founded in October 2024, it helps users manage credit card and travel rewards. Funds will upgrade its AI engine, features, and user base. With 200K users and $1.1M ARR, it manages 1M+ cards and serves 100K+ payers, competing with CRED and CheQ.

Jupiter Money raised $15 million from Mirae Asset, BeeNext, and founder Jitendra Gupta to enhance product growth, lending, and AI tools. Valued at $710M in 2021, it offers credit cards, loans, and investments to 3M+ users, issuing 150K+ CSB Bank cards. Its NBFC will scale lending. FY24 revenue hit Rs 51.2 crore, losses fell 23%, targeting breakeven in 24 months.

The Point AI, formerly Try ND Buy, raised $5.3M led by Yali Capital to expand product development, customer acquisition, and operations. It provides AI solutions to boost e-commerce conversions, cut returns, and personalize shopping by integrating commerce, behavior, and supply-chain data. Competing with Criteo, Algonomy, and Fractal, Point AI focuses on return optimization and pricing for large online merchants.

Redacto, founded by Shashank Karincheti and Amit Kumar, raised $1.4M in seed funding led by PeerCapital and Antler India. The funds will strengthen AI tools and expand teams. Its platform automates privacy compliance, data management, and vendor monitoring for DPDP readiness, featuring Privacy Engine, ConsentFlow, VendorShield, and TrustCentre. Competitors include SecurWeave and Privado.

Openhouse, a proptech startup, raised $2 million led by India Quotient Ventures with angels Mohit Gupta, Gunjan Patidar, Gaurav Sharma, and Ramanshu Mahaur. Founded by Rahool Sureka and Ankit Khemka, it targets India’s $60B resale housing market using AI pricing, a 90-day sale guarantee, and Broker AI. Funds will scale tech, operations, and raise monthly GMV from Rs 10 crore to Rs 100 crore.

Exiles Interactives, a Bengaluru gaming startup, raised $355,000 in pre-seed funding led by Chimera VC with Warmup Ventures, IndigoEdge, Dhruv Vohra, and Sourav Gupta. Funds will develop Centarius, a browser-based social gaming platform for mid-core titles, expand marketing, and support indie developers across devices without app store limits. It targets growth via TikTok, Twitch, and YouTube collaborations.

SalarySe raised $11.3M led by Flourish Ventures and SIG Venture Capital, joined by Peak XV and Pravega. Founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, it offers credit, salary advance, and reward management integrated with payroll. The funds will boost tech and user base. With $1.1M ARR, it manages 1M+ cards, 400K rewards, and serves 100K+ users.

Adobe unveiled major Firefly upgrades at Adobe MAX, adding AI tools for audio, video, and imaging. Generate Soundtrack and Generate Speech create licensed music and multilingual voiceovers, while a new AI video editor streamlines clip creation. Firefly Image Model 5 delivers 4MP photorealistic visuals. Integrations with OpenAI, Google, ElevenLabs, and others expand capabilities, as Project Moonlight, a conversational AI assistant that guides creators from idea to output.

Mphasis introduced qCryptsec and QOptiDecision, quantum-driven solutions enhancing enterprise security and decision-making. qCryptsec provides quantum-safe cryptography, detecting vulnerabilities and ensuring compliance, while QOptiDecision optimizes scheduling and resource allocation using quantum-classical methods. CEO Nitin Rakesh emphasized their role in improving accuracy and reducing risk. Tested in route optimization and airline scheduling, these tools integrate seamlessly as Mphasis advances with Agentic AI innovation.

GitHub unveiled Agent HQ at Universe 2025, marking a milestone as its developer community reached 180 million globally, including 21.9 million in India. COO Kyle Daigle emphasized AI’s role in advancing India’s tech scene. Agent HQ links AI agents from OpenAI, Anthropic, and Google through Copilot, offering mission control, VS Code’s Plan Mode, and governance tools like Copilot metrics to streamline AI-driven development.

Mem0, founded by Taranjeet Singh and Deshraj Yadav, has raised $24 million in Series A funding led by Basis Set Ventures. The company offers a production-ready memory layer for AI agents, integrating with CrewAI and Langflow. Its API and open-source tools boost personalization and context retention. With rapid growth, 41K GitHub stars, 14M downloads, and AWS Agent SDK selection, Mem0 plans to scale engineering and partnerships.

HUMAIN and Qualcomm Technologies are partnering to build the world’s first fully optimized edge-to-cloud hybrid AI system in Saudi Arabia. Starting in 2026, HUMAIN will deploy 200 MW of Qualcomm’s AI200 and AI250 rack solutions. CEO Tareq Amin says the project will advance Saudi Arabia’s AI leadership, integrating HUMAIN’s ALLaM models with Qualcomm’s platforms to deliver sector-specific innovation.

Anthropic has introduced Claude for Excel, enhancing financial analysis with real-time data integrations from Aiera, LSEG, Moody’s, and Egnyte. In beta, Claude analyzes workbooks, fixes formulas, and builds models directly in Excel, complementing its Microsoft Copilot integration. About 1,000 users will test the add-in, featuring six new Agent Skills for DCF modeling, due diligence, and profiling. Sonnet 4.5 scored 55.3% on Vals AI’s Finance benchmark.

The US Department of Energy and AMD have launched a $1 billion partnership to build two AI supercomputers Lux and Discovery at Oak Ridge National Laboratory. Arriving in 2026, Lux is co-developed with HPE and Oracle using AMD Instinct MI355X GPUs and EPYC CPUs. Discovery will use EPYC ‘Venice’ CPUs and MI430X GPUs to drive breakthroughs in energy, medicine, and materials science.

Mercedes-Benz India, in collaboration with Zoho, has launched SKYLine — a custom-built Dealer Management System designed to transform dealership operations and customer experience. Built on Zoho CRM, its decentralized setup enables dealer autonomy while integrating with central systems through co-developed middleware. Now live across India, SKYLine enhances service journeys with AI-driven analytics, courtesy car tracking, and improved operational efficiency.

Foxconn is investing $1.37 billion to build an AI compute cluster and supercomputing center, set for completion by 2026, as part of its ‘3+3’ strategy focusing on Smart Manufacturing, EVs, and Smart Cities. The project includes Taiwan’s fastest AI supercomputer using NVIDIA’s Blackwell architecture and humanoid robot development in Kaohsiung. Foxconn is also expanding globally with major investments in India and the U.S.

Milky Mist Dairy Foods Ltd., based in Tamil Nadu, has received SEBI approval for its ₹2,035 crore IPO, comprising a fresh issue of ₹1,785 crore. Proceeds will expand its premium dairy operations, upgrade the Perundurai plant with ₹414.7 crore for new units, and repay ₹750 crore in debt. Focused on high-margin, value-added dairy products like paneer and cheese, Milky Mist continues its growth journey.

Altimetrik has finalized its $600 million acquisition of SLK Software, forming a global digital engineering powerhouse. Led by CEO Raj Sundaresan, the combined company of 10,000+ professionals across 17 countries will drive responsible, AI-led growth. Serving 150+ clients, including Fortune 500 firms, it focuses on data, engineering, and automation. Altimetrik’s ALTI AI Adoption Lab and DomainForge.ai will advance AI and cybersecurity.

OpenAI will offer free access to ChatGPT Go for Indian users for one year starting November 4, alongside its DevDay Exchange in Bengaluru. Powered by GPT-5, the plan enhances AI accessibility in ChatGPT’s second-largest market. Existing subscribers will benefit too. Nick Turley said the move supports India’s AI mission, with collaborations planned. Anthropic also eyes India’s expansion, while Airtel offers a similar AI plan.

Amazon is set to cut up to 30,000 corporate jobs—about 10% of its workforce—to trim costs and correct pandemic overstaffing. The layoffs will affect tech, devices, and AWS divisions. At the same time, Amazon is doubling down on AI through its new Frontier AI & Robotics (FAR) team, led by Rocky Duan. CEO Andy Jassy says AI will redefine roles. Meta also recently laid off 600 in AI.

Banana Club, co-founded by Neel Bafna, raised ₹12.25 Cr at a ₹245 Cr valuation to expand operations and open a 10,000 sq. ft. flagship store in Bangalore’s HSR Layout. The D2C menswear brand, known for global high-street styles and in-house manufacturing, ensures end-to-end quality. The new store, its 16th, will showcase 8,000+ styles, reinforcing its omnichannel reach.

Neulife, a Mumbai-based nutrition brand, raised $1 M in seed funding from Subhkam and Singularity Ventures to advance R&D, new products, and global growth. Founded by Samit Gupta, it leverages patented Ketofuel MCT tech and offers D2C products like Pro Standard Whey and Super Isolate. With five patents, Neulife targets 15% of India’s premium protein market by 2028 and seeks $3 M more.

Amazon India crossed $20 Bn in cumulative e-commerce exports, surpassing its 2025 goal. Its Global Selling program supports 200,000+ Indian exporters across 18 marketplaces, recording $7 Bn exports in 2023. Focusing on health, beauty, and apparel, Amazon targets $80 Bn by 2030 through MSME partnerships and tech-driven compliance, aligning with India’s $200–300 Bn export vision.