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Ola Electric faces investigation after an employee’s suicide led to a police case against CEO Bhavish Aggarwal. Allegations include workplace harassment and financial issues. The firm denies prior complaints and is cooperating with authorities. A similar case earlier involved Krutrim. Ola contests the FIR in court, stating SEBI disclosure isn’t yet needed but promises updates if required.

Shadowfax got SEBI’s nod for a ₹2,500 crore IPO, including fresh equity and an OFS from Flipkart and Eight Roads Ventures. Aiming for a ₹8,500 crore valuation, up from ₹5,981 crore, it recently raised $16.8 million in Series F. Founded in 2015, it runs last-mile delivery with 1.25 lakh partners. FY24 revenue hit ₹1,885 crore, losses fell 91% to ₹11.8 crore.

Meesho filed its updated draft red herring prospectus with SEBI for a December 2025 IPO to raise ₹6,600 crore ($800 million). The Bengaluru-based ecommerce firm plans a ₹4,250 crore primary issue, with Elevation Capital, Peak XV Partners, and Venture Highway joining the OFS. Founders Vidit Aatrey and Sanjeev Barnwal will dilute stakes. Valued at $3.9 billion, it’s India’s first pure-play horizontal ecommerce IPO.

Amazon Web Services (AWS) suffered a major global outage on October 20, 2025, disrupting key platforms like Amazon, Coinbase, Snapchat, and Disney+. The issue originated in AWS’s US-EAST-1 region, affecting EC2 and DynamoDB services. Financial, media, and e-commerce operations worldwide were impacted for hours, underscoring the world’s deep dependence on AWS and reigniting discussions on cloud resilience.

Fundamento raised $1.9M in pre-Series A funding led by IIFL Fintech Fund, with participation from The Players Fund (KL Rahul & Ben Stokes). Founded by Ankit Durga, Megha Aggarwal, and Vickram Saigal, the company develops agentic AI for lending optimizing collections, upselling, and borrower profiling. The funds will drive BFSI expansion in India and global entry into US and APAC markets. Source: Entrackr

EKA Mobility raised $57M in Series A funding led by the India-Japan Fund (IJF) to expand manufacturing, R&D, and marketing globally. IJF supports climate tech and India-Japan collaboration. Dr. Sudhir Mehta called the funding pivotal for scaling EV operations. EKA plans a ₹800 Cr investment to boost electric bus production, underscoring its commitment to sustainable transport and India’s growing EV ecosystem.

HSBC and Juspay launched a full-stack acquiring platform for digital merchants, merging HSBC’s global reach with Juspay’s payment tech. It offers smart routing, fraud control, dispute management, and customizable checkout. Leaders Lewis Sun and Sheetal Lalwani say it simplifies payments and sets new benchmarks, helping merchants scale efficiently.

Zerodha CEO Nithin Kamath’s X account was hacked via an AI phishing scam using a fake security email. Attackers briefly posted crypto scams before recovery through two-factor authentication. The case underscores a 1,265% spike in AI phishing, with 83% of emails AI-made, exposing persistent human vulnerability despite advanced defenses.

Google introduced Veo 3.1, an AI video model improving audio, realism, and prompt accuracy. Supporting 16:9 and 9:16 formats, it offers multi-image synthesis, an “Insert” tool for object addition, and videos over 8 seconds. Available via Flow, Gemini API, and Vertex AI, it rivals OpenAI’s Sora for creators and enterprises.

HooLiv raised $2.73M in pre-Series A funding led by Negen Capital to grow its student co-living platform. Founded by Chinmoy Mishra and team, it offers tech-driven housing focused on efficiency. The funds will expand operations in non-metros, strengthen branding, and upgrade property management, bridging India’s student housing gap.

FSSAI mandates only WHO-approved products can use the ORS label in India, ending prior leniencies. UNICEF defines ORS as a salt-sugar dehydration solution, while experts recommend medical supervision. Pediatrician Dr. Sivaranjani Santosh lauded the move for ensuring accurate labeling and protecting consumers from misleading claims.

Reducto AI raised $75M in Series B from a16z to enhance AI Document Intelligence, focusing on unstructured data from PDFs and spreadsheets. Clients include Harvey, Mercor, and Rogo. Usage rose sixfold since Series A. New products editing API, Reducto Studio, and Agentic OCR aim for near-perfect accuracy and expanded adoption.

Deel raised $300 million in Series E funding led by Ribbit Capital, Andreessen Horowitz, and Coatue, reaching a $17.3 billion valuation. The HR platform exceeded $1 billion ARR and $100 million monthly revenue while maintaining three years of profitability. Processing $22 billion annually for 35,000+ customers across 150+ countries, Deel will invest in AI-powered payroll and global expansion, targeting 100 million workers by 2029.

UIDAI has launched the Scheme for Innovation and Technology Association with Aadhaar (SITAA) to strengthen India’s digital identity ecosystem. In partnership with MeitY Startup Hub and NASSCOM, it invites startups, academia, and industry to create secure solutions for Face Liveness Detection, Presentation Attack Detection, and Contactless Fingerprint Authentication. Applications close on November 15, 2025.

Ola Electric launched its ‘Shakti’ BESS using 4680 Bharat cells from its Tamil Nadu Gigafactory. Models range from 1.5 kWh to 9.1 kWh, priced from Rs 29,999, powering homes and drones. An AI app provides usage insights. Ola plans a nationwide energy storage network with service center maintenance. Founder Bhavish Aggarwal targets grid applications. Shares rose 5% to Rs 55.38; Rs 400 Cr PLI incentives claimed.

Salesforce and AWS are deepening their alliance to power “agentic enterprises” with interoperable AI agents through Amazon Bedrock, Amazon Connect, and Data 360 integrations. Using standards like MCP and A2A, the partnership enables secure multi-vendor AI deployment. Salesforce’s Zero Copy and Clean Room architectures enhance data privacy. Targeting $60 billion by FY2030, Salesforce’s AI and data platforms earned $1.2 billion in Q2.

Cloudflare has partnered with Visa, Mastercard, and American Express to launch Web Bot Auth, a protocol for verifying AI agent legitimacy in online commerce. Visa, Mastercard, and Amex will integrate it into their intelligent payment platforms. Backed by Adyen and Shopify, it enables merchants to authenticate AI interactions securely. Cloudflare’s SDK ensures safer, AI-driven transactions globally.

Zepto raised $450M led by CalPERS, valuing it at $7B, with participation from Avenir and Lightspeed. Cofounder Aadit Palicha reported $900M in cash reserves. Orders rose 200% in 18 months, improving store profitability. The funds will help reclaim market share from Blinkit after Zepto Cafe closures. Revenue grew 149% to ₹11,100 Cr, though profitability remains elusive.

Kuku FM raised $85M in Series C funding led by Granite Asia, with Vertex Growth Fund and Krafton participating. Founded in 2018, the platform offers audio content in 14 languages and has 10M+ subscribers. Funds will enhance premium content, celebrity integration, and GenAI-powered creation. FY24 revenue rose 114% to ₹88 Cr as Kuku FM eyes India’s booming $119B audio OTT market.

Meta has introduced India-specific AI features for its Ray-Ban Meta smart glasses, including UPI Lite payments, full Hindi support, and a Bollywood-Actress Deepika Padukone AI voice. Users can pay under ₹1,000 via WhatsApp-linked accounts by saying, “Hey Meta, scan and pay.” A Diwali photo restyling tool adds festive effects on command. Updates are available via the Meta AI app.

Dashamlabs, a Delhi-based materials science startup, raised ₹12 crore in seed funding led by Speciale Invest and IIMA Ventures. Founded in 2024 by Ankit Jhanwar, Apoorv Balwani, and Devakar Dhingra, the company develops high-performance silica aerogel insulation for oil & gas, EVs, defense, and construction. Funds will scale R&D and production of lightweight, fire-resistant materials.

FireAI, an AI-driven business intelligence startup, raised ₹4 crore in seed funding led by Inflection Point Ventures. Founded by Vipul Prakash, it integrates 700+ data sources and powers clients like GeM. Funds will advance its Causal Chain analytics and Text-to-SQL tools. Expanding to Dubai, Africa, and Kenya, FireAI aims to boost forecasting accuracy by 30%.

Graph AI secured $3M seed funding led by Bessemer Venture Partners for its AI-driven pharmacovigilance platform, Graph Safety. Founded by Raghav Parvataraju, Vijay Ponukumati, Mohan Konyala, and Ashutosh Bordekar, it automates adverse drug event monitoring and regulatory submissions. Targeting the $8B pharmacovigilance market, Graph AI achieves 70% efficiency gains and 90% faster reporting. The investment reflects growing AI adoption in healthtech, demonstrating investor confidence in AI’s healthcare transformation potential.

Apple’s new 14-inch MacBook Pro with M5 chip offers 3.5x faster AI processing and 1.6x faster graphics. It features a 10-core GPU with Neural Accelerators, enhanced CPU, and 24-hour battery life. macOS Tahoe enables Apple Intelligence for real-time translation and on-device AI tasks. Premium features include Liquid Retina XDR display, six-speaker system, and 12MP camera. Priced at $1,599 with 45% recycled materials, it’s ideal for creators and professionals.

Coinbase increased investment in Indian crypto exchange CoinDCX, valuing it at $2.45 billion. This funding will drive expansion in India and the Middle East. CoinDCX acquired BitOasis and targets 30% Middle East revenue by 2026, reducing India regulatory dependency. Coinbase’s investment signals confidence in India’s crypto market ahead of its relaunch. The funding strengthens CoinDCX against competitors like WazirX and CoinSwitch, supporting global growth ambitions.

Currently, a real-time social networking app founded by Mitesh Shethwala, raised $1M from Aarvi Family Office LLP to enhance features, upgrade tech, and expand its team and community. Focused on authentic, spontaneous connections via Live Map and Business Check-Ins, it aims to revive social media’s original purpose—real-world interactions free from algorithms.

Airoclip raised $2.75M in seed funding led by T-Accelerate Capital, with Centre Court Capital and BITKRAFT Ventures participating. Founded by Naga Rohith Anisetty and Pruthvi Sai Y, the studio will enhance its AI-driven game personalization and expand teams. Known for puzzle hits Tap Hexa and Hexa Dreams, with 300K+ installs across the US and Europe, Airoclip aims to boost engagement through adaptive storytelling.

Orange Sugar raised ₹4 crore in pre-seed funding from Consumer Collective by Atrium and Ramakant Sharma, with angels like Saurabh Jain participating. Founded in 2022 by Tarun Agrawal, Payal Agarwal, and Bharath Gupta, the brand focuses on 100% cotton kidswear for ages up to 10. The funds will drive new product launches, strengthen distribution, and expand presence across Myntra, FirstCry, and Nykaa Fashion.

Consuma, an AI startup transforming consumer research, raised $1.3M in seed funding led by Equirus InnovateX Fund, with angel investors Abhishek Goyal and Mekin Maheshwari. Founded by Abhilash Madabhushi in 2021, Consuma replaces surveys with AI-driven insights, delivering results in 30 minutes at 1/10th the cost. Partnering with 35+ brands like Godrej and Britannia, it will use the funds to enhance technology and expand globally.

Everbright Health raised $7M in seed funding from W Health Ventures and Sanos Capital to scale its AI platform and expand in the US. The startup supports mental health providers by identifying patients, managing billing, ensuring compliance, and overseeing treatments like TMS and SPRAVATO. Partnering with clinicians, Everbright streamlines workflows using US and India-based teams, already collaborating with 75+ behavioral health providers across seven US markets.