US Court Orders Byju Raveendran to Pay $1.07 Billion in BYJU’S legal battle over alleged fund misappropriation
US court has ordered Byju Raveendran to pay $1.07 billion for alleged misappropriation of funds from BYJU'S Alpha, escalating BYJU'S ongoing legal troubles.
Icertis Acquires Dioptra to Deliver AI-First Contracting Experience for Legal
Icertis acquired Dioptra to advance AI-first contracting for enterprise legal teams. The deal strengthens Icertis’ Contract Intelligence platform with Dioptra’s automated redlining, playbook creation, and contract review tools. With 80% of C-suite leaders prepared for AI negotiations, the integration unifies workflows and improves accuracy. Dioptra’s team joins Icertis to scale transparent, autonomous contract management globally.
Agnikul Cosmos raises $17M, valuing the spacetech startup at $500M
Agnikul Cosmos raised $17 million, valuing it at $500 million, from Advenza Global, HDFC Bank , and 100X VC. Funds will enhance aerospace production, reusable launch systems, and stage recovery tech through a new patent. The startup plans a 350-acre Tamil Nadu space campus. Founded in 2017, it builds small satellite launch vehicles. FY24 revenue hit ₹9 crore with ₹43 crore losses.
India Looks to Deepen Innovation Partnership With Israel, Says Piyush Goyal
Piyush Goyal emphasized technology’s vital role in the India-Israel partnership, praising Israel’s innovative ecosystem during his visit. He highlighted cooperation in defense, agriculture, healthcare, and climate to create cost-effective solutions for India. The proposed Free Trade Agreement with Minister Nir Barkat marks a major step toward strengthening research, technology, and strategic collaboration between both nations.
ECB Advances Real-Time Payment Integration with India’s UPI to Slash Cross-Border Costs
ECB is actively integrating its TIPS system with India's UPI, following promising initial studies since October 2024.
Sophrosyne Technologies raises $2M seed funding
Sophrosyne Technologies, a Bengaluru-based semiconductor startup, raised $2 million in seed funding led by Bluehill.VC, after receiving a $1.2 million MeitY DLI grant. Founded by Manish Srivastava and Jatin Gupta, it builds biosensing SoCs for wearables that monitor ECG, PPG, respiration, and temperature efficiently. The funds will aid product development, OEM partnerships, and global expansion.
Groww Posts 12% Profit Growth in Q2 FY26 Even as Revenue and Active Users Decline
Groww reported a 12.18% year-on-year rise in net profit to ₹471 crore in Q2 FY26, even as revenue fell 9.4% to ₹1,018 crore. Active users on the NSE slightly dipped to 11.9 million. Following its November 12 market debut, the stock surged 47%, with investors watching its growth and revenue diversification plans.
Pibit.AI Raises $7M Series A to Accelerate AI-Driven Insurance Underwriting Platform CURE
Pibit.AI, an insurtech startup, secured $7M in Series A funding led by Stellaris Venture Partners, with backing from Y Combinator
Google Enables Direct File Sharing Between Pixel 10 and iPhones
Google’s new update lets Pixel 10 users share files directly with iPhones using Quick Share and AirDrop compatibility. Pixel 10 appears in AirDrop for fast, private, peer-to-peer transfers without cloud or third-party apps. iPhone users just set AirDrop to “Everyone for 10 Minutes.” This exclusive feature promotes seamless Android-iOS file sharing and greater cross-platform convenience.
Agraga raises $12M to fuel platform expansion & automation
Digital freight forwarder Agraga secured $12 million in a pre-Series B round led by Bajaj Finserv, with participation from IvyCap Ventures.
CtrlB raises $2.5M to scale its unified data platform
CtrlB raised $2.5 million in seed funding led by Chiratae Ventures to scale its unified diskless data lake platform. The funds will support R&D, patent filings, and security certifications. Founded in 2023 by Adarsh Srivastava, CtrlB unifies logs, metrics, and security events. It plans to expand in India and the US, grow its team, and target 50+ enterprise clients.
Stylework secures $3.39M to fuel expansion and tech advancements
Stylework raised $3.39 million in a pre-Series B round led by Equentis Angel Fund, valuing it at $28.5 million. Backed by Karekeba Ventures and LetsVenture Fund, it will enhance its AI-SaaS marketplace and expand operations. Connecting enterprises with coworking spaces, Stylework manages 70,000+ seats across 125 cities. With India’s flexible office market set to reach $11 billion by FY29, growth prospects remain strong.
Kaaj Raises $3.8 Million to Expand Its Agentic AI Platform for Small Business Lending
Kaaj, a fintech startup founded in 2024 by Utsav Shah and Shivi Sharma, raised $3.8 million in seed funding led by Kindred Ventures with support from Better Tomorrow Ventures and others. Using agentic AI to automate credit analysis, it reduces underwriting time and enables smaller loans. Having processed over $5 billion in applications, Kaaj plans U.S. product and market expansion.
Adobe to acquire Semrush for $1.9B to enhance its customer experience orchestration with AI-driven brand visibility solutions
Adobe is set to acquire Semrush for $1.9 billion, enhancing its customer experience orchestration with AI-driven brand visibility solutions.
India Govt. Launches Trade Intelligence & Analytics Portal to Boost Exports and Empower MSMEs
Commerce Minister Piyush Goyal launched the Trade Intelligence & Analytics (TIA) Portal to strengthen Indian exports and MSME support. The platform includes 270 visualizations across 28 dashboards, covering trade with 220+ countries. Using UN Comtrade data, it enables diversification analysis and market insights through tools like the Trade Watch Tower and Trade Complementarity Index, enhancing policy-making and export resilience.
Google Introduces Gemini 3, Featuring 1M Token Context, Antigravity Automation, and Enhanced Multimodal AI
Google introduced Gemini 3, its most advanced AI model, featuring a 1 million-token context window and PhD-level reasoning. It integrates multimodal intelligence across text, images, video, audio, and code. Powered by the Antigravity Platform, it supports agentic automation and a Deep Think mode for scientific workflows. Gemini 3 outperforms Gemini 2.5 Pro by 50% in reasoning and reliability with enhanced safety measures.
HomeRun raises INR 9 Cr seed funding expand category coverage, dark store nework and technology
HomeRun, a Bengaluru-based construction and interior materials platform, raised ₹9 crore in seed funding from Titan Capital and Sparrow Capital. Founded in 2024 by Pukhraj Grewal, it delivers materials within 60 minutes using dark stores and an electric fleet. With 30,000 orders and ₹35 crore GMV ARR, it targets ₹50 crore by January 2026 while expanding tech and categories.
Pidge raises $13.6M to expand in Tier II/III markets and pilot its logistics OS internationally
Pidge raised $13.6 million led by La Vida es Chula to expand in Tier II/III cities and pilot its logistics OS globally. Founded in 2019 by Rushil Mohan and Ratnesh Verma, the AI-powered platform aims to be the OS for last-mile delivery. Serving 20,000 brands across 50 cities, it reports 10x growth and a Rs 250 crore run rate.
Synthio Labs raises $5M Seed funding to Scale Clinical-Grade Voice AI for Life Sciences
Synthio Labs raised $5 million in seed funding led by Elevation Capital, joined by 1984 Ventures, Peak XV Partners, and Y Combinator. Founded by Supreet Deshpande, Sahitya Sridhar, and Rajashekar Vasantha, it will expand teams and scale in the U.S. and Europe. Its AI OS, including Jarvis and Simulation Studio, automates communication and research for pharma clients.
Tractor Junction raises $22M to boost rural India’s vehicle & finance offerings
Tractor Junction raised $22 million in a round led by Astanor, with Info Edge and Omnivore joining, including $17 million equity and $5 million debt. The company aims to expand rural vehicle, service, and financing options. Its fintech arm FINJ has disbursed Rs 1,500 crore through 25 lenders. FY25 revenue rose 70% to Rs 106.43 crore, with 80% from tractor sales.
AceVector Parent of Snapdeal & Unicommerce Secures SEBI Nod for IPO
AceVector Ltd., parent of Snapdeal and Unicommerce, secured SEBI approval for its IPO, which includes fresh issues and an offer for sale by SoftBank and founders Kunal Bahl and Rohit Bansal. Managed by IIFL and CLSA, the firm posted ₹380 crore revenue in FY24 with a ₹16 crore EBITDA loss. It also expands Stellaro Brands and can launch the IPO within a year.
Axirium Aerospace raises $3.5M seed funding
Axirium Aerospace raised $3.5 million in seed funding from Shastra VC, BEENEXT, and angels including Ashish Gupta and PVS Raju. Founded by ex-TASL engineers Nishant Khurana, Neeraj Agarwal, and Piyush Agarwal, the firm focuses on precision machining for aerospace OEMs. The funds will expand capacity and partnerships amid India’s aerospace parts market growth to $21.48 billion by 2030.
Circle raises INR 3.4 crore in pre-seed funding to enhance its AI-driven C2C platform
Circle raised Rs 3.4 crore in pre-seed funding from Titan Capital and Raveen Sastry to enhance its AI-led C2C platform. Founded in 2025 by Ankit Misra and Chirag Kataruka, it targets electronics and household goods. The funding will scale AI features and expansion beyond Bengaluru, addressing India’s Rs 1.6 lakh crore pre-owned market with secure payments and logistics for 70 million users.
SIDBI’s Venture Arm Makes First Close of India’s Largest Spacetech Fund at ₹1,005 Crore
SIDBI Venture Capital launched the Antariksh Venture Capital Fund with ₹1,005 crore in its first close, majorly backed by IN-SPACe’s ₹1,000 crore investment. Targeting ₹1,600 crore, it becomes India’s largest spacetech fund, supporting the $44 billion space economy goal by 2033. The fund will aid startups in launch and satellite development, positioning India as a full-stack space innovation hub.
Jeff Bezos Returns to Tech Leadership as Co-CEO of Project Prometheus, the AI Startup That Has Raised $6.2 Billion
Jeff Bezos has become co-CEO of Project Prometheus, an AI startup co-founded with Vik Bajaj and funded with $6.2 billion. The company focuses on AI that understands the physical world, targeting manufacturing, aerospace, and automotive sectors. With experts from OpenAI, DeepMind, and Meta, it aims to advance robotics and space tech. Bezos’s return underscores AI’s real-world transformative potential.
Indian Govt. Greenlights INR 7,172 Crore Investment for 17 New Electronics Component Manufacturing Projects Under ECMS
The Indian government approved 17 new projects under the Electronics Components Manufacturing Scheme (ECMS) with an investment of ₹7,172 crore across nine states. These projects aim to produce ₹65,111 crore worth of electronics and create about 11,808 direct jobs. Covering components like optical transceivers, oscillators, PCBs, and camera modules, the initiative strengthens manufacturing, reduces imports, and supports India’s $500 billion electronics goal by 2030–31.
YouTube Launches New AI Tools, Signs Partnerships with IICT & AIIMS at the 2025 Impact Summit
YouTube’s 2025 Impact Summit launched new AI tools and partnerships to strengthen India’s creator economy. An Oxford Economics report found YouTube added ₹16,000 crore to India’s GDP, supporting over 930,000 jobs. “Edit with AI” simplifies video editing, likeness detection protects creators, and collaborations with IICT and AIIMS enhance skills and health info. A conversational AI offers in-video answers, reinforcing responsible digital growth.
Karnataka Unveils KEO, India’s First Affordable AI-Ready PC to Bridge Digital Divide
Karnataka has introduced KEO, an affordable, locally made PC using a RISC-V processor and Linux to enhance digital inclusion. Set for launch by CM Siddaramaiah at the Bengaluru Tech Summit, KEO includes an AI core and BUDDH, trained on the DSERT syllabus. KEONICS chairman Sharath Gowda and IT Minister Priyank Kharge stress its open-source focus and multiple connectivity options like 4G, Wi-Fi, and HDMI.
Wellness platform Unlimitr raises $1.1M seed funding
Unlimitr secured $1.1 million in seed funding to strengthen its AI and analytics for personalized wellness. Founded by Ruchika Gupta and Gaurav Agarwal, it connects 98,000 users with 5,000 certified coaches across 40 countries. The funds will fuel global expansion, coach training, and innovation. Competing with MyFitnessPal and Virta, Unlimitr aims to blend data insights and human expertise into a global wellness hub.
Groww’s Historic Post-IPO Rally Creates Massive Wealth for Shareholders and Founders Alike
Groww’s IPO soared, hitting a ₹1.1 lakh crore market cap within four sessions as shares climbed 78% to ₹178.23 from ₹100. The rally enriched promoters and retail investors, with founders’ stakes now worth over ₹29,000 crore. CEO Lalit Keshre’s holdings topped ₹9,964 crore, making him a billionaire. The listing’s success underscores strong investor faith in India’s digital finance sector.
