EndureAir Systems raises $2.85M in funding

EndureAir Systems raised $2.85M led by IAN Alpha Fund to boost UAV capabilities for defense, enterprise, and disaster response. Founded in 2018 by Dr. Abhishek, Rama Krishna, and Chirag Jain, it builds in-house drones like Sabal, Vibhram, and Alakh. With partnerships including BEL and DHI Bhutan, EndureAir targets high-altitude innovation while competing with IdeaForge and Garuda Aerospace in India’s growing UAV sector.

TraqCheck raises bridge round at $17M valuation to scale its AI-powered HR solutions

TraqCheck raised bridge funding at a $17M valuation, led by Alok Oberoi and Siddharth Mehta, to expand AI-driven HR solutions in India and Europe. Founded by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, its deterministic LLMs automate background checks for 200+ enterprise clients in BFSI, staffing, and healthcare. Competing with HireRight, First Advantage, and Checkr, TraqCheck targets tripling revenue by 2025 amid surging demand for automated HR.

Apple’s iPhone 17 Lineup Debuts with Ultra-Thin iPhone Air

At its “Awe Dropping” event, Apple launched the iPhone 17 series, led by the ultra-thin iPhone Air at 5.6mm with a titanium frame, 6.5-inch Super Retina XDR display, and A19 Pro chip. The lineup includes iPhone 17, 17 Pro, and 17 Pro Max with doubled base storage. Pro models add advanced cooling and 48MP Fusion cameras. Apple also discontinued older models and introduced iOS 26 with Apple Intelligence.

Minute Media Acquires AI-driven SaaS platform VideoVerse

Minute Media has acquired SaaS startup VideoVerse, backed by Binny Bansal, in a cash-and-stock deal ensuring full exit for investors like A91 Partners, with angels gaining 10–20X returns. Founded by Vinayak Shrivastav, Saket Dandotia, and Alok Patil, VideoVerse offers Magnifi, an AI video editor. The acquisition connects VideoVerse to Minute Media’s 200M users and 500 partners, integrating video creation, distribution, and monetization.

Aurva Raises $2.2 Mn Seed Funding to boost its AI-driven data security platform

Aurva, a cybersecurity startup founded by ex-Meta engineers Apurv Garg, Krishna Bagadia, and Akash Mandal, raised $2.2M in seed funding led by Nexus Venture Partners. The funds will drive sales, marketing, and AI observability expansion in India, the US, and beyond. Aurva’s AI-powered platform ensures real-time threat detection and compliance with RBI and DPDPA. Clients include Razorpay and Paytm, as India’s cybersecurity market heads toward $36.8B by 2033.

Aviral Bhatnagar’s ajvc has closed its debut AIF fund at INR 200 Cr

ajvc, led by Aviral Bhatnagar, closed its debut AIF fund, AJVC Trust, at INR 200 Cr with backing from global investors and founders. AJVC has invested in 25 startups across SaaS, AI, and other sectors, targeting 90 by 2028 through its proprietary tech system. The fund reflects rising early-stage interest, as investments grew 18% YoY with AI emerging as a key focus.

Research-backed Skincare Brand Asaya Secures Rs. 28 Crore in Pre-Series A Funding

Research backed Asaya has secured ₹28 crore in pre-Series A funding led by RPSG Capital, with backing from Dot & Key founders Suyash and Anisha Saraf, along with OTP Ventures and Huddle Ventures. Founded by Neeraj Biyani and two FMCG veterans, Asaya has grown 400% YoY with its patented MelaMe™ molecule and now plans six new product launches and an innovation center.

Indigrid Technology raises $4M to expand production and offerings

Indigrid Technology, an electronics systems design and manufacturing startup, raised $4M from Cactus Partners to expand production in Goa and Manesar. Founded in 2015, it manufactures battery packs and motor controllers and recently diversified into consumer electronics, serving clients like Hella and Revolt. With FY25 revenue at INR 108.5 Cr, Indigrid targets INR 350–380 Cr in FY26 as India’s EV market heads toward $132B by 2030.

Flipspaces raises $50M Series C to expand operations in India, the US, and the UAE

Flipspaces has raised $50M in Series C funding from CE-Invests, Panthera Growth Partners, and SMBC Asia Rising Fund, taking total funding to $85M after a prior $35M round led by Iron Pillar. Founded in 2015, the AI-driven interior design platform will use the funds to scale in India, the US, and UAE. With 1,000+ projects, its clients include Adani, Genpact, and Larsen & Toubro.

Union Minister Jyotiraditya Scindia Launches Historic UPI-UPU Integration at the Universal Postal Congress in Dubai

At the Universal Postal Congress in Dubai, Minister Jyotiraditya Scindia launched the UPI–UPU Integration, linking UPI with UPU’s platform to modernize global remittances. Backed by DoP and NIPL, it combines postal reach with UPI’s affordability. Scindia pledged $10M for postal innovation and announced India’s UPU Council candidacy, underscoring India’s vision for global connectivity, inclusion, and interoperable commerce solutions.

Samved Ventures Collaborates with IIT Kanpur’s FIRST to Advance Indian Technology Innovation

Samved Ventures and IIT Kanpur’s FIRST have signed an MoU to strengthen India’s deep-tech startup ecosystem. Leveraging IIT Kanpur’s SIIC, which has incubated 425+ startups, the partnership will bridge academic research with market applications. Samved, backed by industry leaders, invests from pre-seed to pre-Series A. The collaboration spans mentoring, events, and knowledge sharing, advancing India’s leadership in AI, robotics, and health tech.

IIM Lucknow Alumni & Ex-Swiggy and IMT Ghaziabad Alumni & Ex-Bira91 brothers raise ₹4 crore seed round for Prowrrap, set sights on Series A in 18–24 months

Prowrrap, a Delhi-based B2B procurement platform founded by Sagar and Rishabh Saxena, raised ₹4 Cr in a Seed round led by Calance Software and Amit Govil. Funds will boost tech and expansion, streamlining MSME and high-growth firm supply chains in e-commerce and FnV. Targeting 25 cities and a Series A in 18–24 months, Prowrrap taps India’s $170B packaging market potential.

OpenAI backs “Critterz,” an AI-powered animated film aiming for a 2026 Cannes premiere

As per Walll Street Journal Report OpenAI is co-producing Critterz, an AI-driven animated film with Vertigo Films and Native Foreign, budgeted under $30M and eyeing a 2026 Cannes premiere. Blending human creativity with AI tools, the film involves writers from Paddington. OpenAI aims to showcase AI’s role in democratizing entertainment while collaborating with Tribeca on short films. Hollywood will closely track Critterz’ performance.

Supreme Court grants Cognizant to continue using its hexagonal logo in India staying a Bombay HC order in its trademark dispute

The Supreme Court has permitted Cognizant to continue using its hexagonal logo in India, staying a Bombay High Court order amid a trademark dispute with Atyati Technologies. Atyati claims infringement since 2019. The case, marked by injunctions and reversals, must be resolved by the High Court within six months. Cognizant confirmed compliance with logo guidelines while continuing its use on digital platforms.

India’s unemployment rate is 2% according to World Economic Forum, lowest among G20 nations

India’s unemployment rate stands at just 2%, per the World Economic Forum, Dr. Mansukh Mandaviya credits this to growth and government schemes. Strengthened by MoUs with Mentor Together and Quikr, the National Career Service (NCS) Portal hosts 52 lakh employers, 5.79 crore job seekers, and 7.22 crore vacancies. Backed by PM Modi’s ₹2 lakh crore PM-VBRY package to create 3.5 crore jobs, NCS integrates 1,200+ daily Quikr listings, boosting employability.

Karnataka approves Quantum City near Bengaluru aiming $20B economy by 2035

Karnataka has allotted 6.17 acres in Hesaraghatta, Bengaluru, for Quantum City (QCity), featuring labs, startup incubation, and industry collaboration. Minister NS Boseraju said the initiative targets a $20B quantum economy by 2035. ICTS-TIFR also received 8 acres for research expansion. CM Siddaramaiah announced a Quantum Task Force and Hardware Park, aligning with the National Quantum Mission and supporting startups like QpiAI and QNu Labs.

Trufrost & Butler raises $7 Mn for expanding services, boosting manufacturing, and eyeing global markets

Trufrost & Butler raised $7M from Carpediem Capital to strengthen India’s foodservice sector. Founded in 2018 by Neeraj Seth and Satish Dudeja, it serves HoReCa with refrigeration, food prep, and beverage solutions. Funds will enhance customer experience, expand service infrastructure, scale domestic manufacturing, and enter global markets. Focused on cost-effective tier II/III solutions, the firm competes with local and multinational players while accelerating culinary support and strategic expansion.

Venture Catalysts Raises INR 150 Cr to Launch New Funds, Expand Leadership, and Strengthen Technology Infrastructure

Venture Catalysts raised INR 150 Cr ($18 Mn) through primary and secondary transactions, with investors like Ashish Kacholia, Authum Investments, Aishwarya Rai, and existing backers Radhakishan Damani and Ritesh Agarwal. Valued at $200 Mn, it manages $500 Mn+ in assets and has backed 400+ startups, including Renee Cosmetics and BharatPe. Funds will fuel leadership hires, new funds, AI-driven tech upgrades, and global expansion.

IEPFA Proposes Simplified Documentation for Low-Value Claims to Enhance ease of living

The IEPFA, under the Ministry of Corporate Affairs, plans to simplify claim processes for investors. A committee with MCA, SEBI, and ICAI members proposed easing documentation for low-value claims up to ₹5 lakh (physical securities), ₹15 lakh (demat), and ₹10,000 (dividends). Founded in 2016, IEPFA manages refunds, investor rights, and financial literacy. The reforms aim to ensure faster processing, transparency, and improved investor services.

Turtlemint Files Confidential DRHP with SEBI for IPO

Turtlemint Fintech Solutions, founded in 2015 by Dhirendra Mahyavanshi and Anand, has filed a DRHP with SEBI for an IPO. Backed by Peak XV, Nexus Venture Partners, Amansa Capital, and Jungle Ventures, the platform distributed 1.6 Cr+ policies across 19,105 pin codes (FY23–FY25). With 4L+ PoSPs, partnerships with 42+ insurers, and 4.3L+ trained advisors, the IPO aims to strengthen its footprint in India’s digital insurance market.

SoftBank reduces its stake in Ola Electric by over 2%

SoftBank cut its stake in Ola Electric by 2.15%, selling 94.9M shares via SVF II OSTRICH (DE) LLC, reducing its holding to 15.68%. Z47 and Tiger Global also partially exited earlier. Despite a 50% stock surge, shares closed at ₹64.45, valuing Ola at ₹28,445 Cr. Ola ranks second in two-wheeler EV sales with 18.19% share, though Q1 FY26 revenue dipped to ₹824 Cr and losses rose to ₹428 Cr.

Dectrocel raises ₹4Cr in funding led by IAN Group’s BioAngels

Dectrocel, an AI health-tech startup, raised INR 4Cr from IAN’s BioAngels to scale operations and expand AI solutions. Founded by Ankit and Saumya Shukla with Nikhil Mishra, it builds tools for respiratory and HPB diseases. Its CDSCO-approved flagship, DecXpert, interprets chest X-rays and CTs with high accuracy, tackling India’s radiologist shortage. Dectrocel plans to expand DecXpert’s reach and diversify its product portfolio.

6 in 10 organizations expect AI to be an active team member or supervisor: Capgemini Research Report

Capgemini Research Institute reports generative AI going mainstream, with 60% firms expecting AI as team members/supervisors within a year. Yet, human-AI collaboration readiness lags, demanding restructuring. 30% are scaling Gen AI a fivefold rise from 2023 led by telecom, consumer goods, and aerospace. While investments rose 9%, cloud costs worry firms. 90% of executives back AI agents, but 71% distrust autonomous AI, exposing governance gaps.

Mark S. Zuckerberg sues Meta over Repeated Facebook Account Suspensions

Indianapolis attorney Mark S. Zuckerberg is suing Meta over repeated Facebook suspensions caused by his name matching the founder’s. He claims lost clients and ad revenue, seeking account restoration, safeguards, and compensation. Despite Meta’s apologies and reinstatement, he criticizes its flawed appeal system. Zuckerberg says he sued because he believes he can win. Meta admitted the error and pledged preventive measures.

We will show them what a ‘dead economy’ looks like – Sridhar Vembu on GST Reforms

Zoho’s Sridhar Vembu hit back at Donald Trump’s remarks on India’s economy, declaring, “We will show them what a ‘dead economy’ looks like.” His September 4, 2025, post backed Nirmala Sitharaman’s GST reforms effective Sept 22 simplifying taxes to 5% and 18%, while levying 40% on luxury goods. Vembu hailed the mix as pro-growth. Kotak AMC’s Nilesh Shah called it “ek teer kai nishaan”, easing inflation and business. Experts see a 0.5% GDP boost despite U.S. tariffs.

AutoDukan raises $1M Pre-Series A to scale its operations & enhancing AI capabilities for procurement & claims

AutoDukan, an AI-driven automotive aftermarket platform, raised $1M in Pre-Series A led by Choice Group and HNIs, with MetroMax Group and Ankit Sajnani participating. The funds will scale operations, expand AI for demand prediction and claims automation, and strengthen partnerships. Reporting 10x growth, AutoDukan serves 2,000+ clients, maps 2M spare parts, and manages 200K live inventory, digitizing procurement, insurance, and workshops against rivals like GoMechanic and Automovill.

OpenAI to launch Jobs Platform

OpenAI is set to launch its AI-driven Jobs Platform by mid-2026, featuring AI-powered candidate matching and a dedicated track for SMBs. Backed by collaborations with Walmart, John Deere, Accenture, and others, the platform will connect businesses with AI-ready talent. Complementing this, OpenAI Certifications aim to validate skills and certify 10M Americans by 2030, aligning with White House AI literacy goals.

Freshworks Founder Girish Mathrubootham to to step down as Executive Chairman

Freshworks founder Girish Mathrubootham will step down as executive chairman by Dec 2025, concluding a 15-year journey that saw Freshworks grow into a global SaaS leader with an IPO and $800M+ annual revenue. He will shift focus to Together Fund, his $200M AI-focused VC. Roxanne Austin will succeed him as chairperson, while Mathrubootham stays a key shareholder, marking a generational change in Indian SaaS leadership.