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Sunfox Technologies Bags $7 Mn To Scale Cardiac Diagnostics Platform Spandan
Dehradun-based medtech startup Sunfox Technologies has raised $7 Mn (around ₹67 Cr) in a Series A funding round led by Ashish Kacholia, Lashit Sanghvi, Alchemy Capital, and 3one4 Capital. The startup...
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Zomint Raises ₹36 Cr To Scale Wealth Management Platform
Wealthtech startup Zomint has raised ₹36 Cr (about $3.7 Mn) in a seed funding round from Lightspeed and Prime Venture Partners. The startup plans to use the fresh capital to strengthen its technology...
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byteXL Raises $9 Mn To Take Tech, AI Skilling To More Engineering Colleges
Hyderabad-based B2B edtech startup byteXL has raised $9 Mn (about ₹86.7 Cr) in a funding round led by Elevar Equity, with participation from existing investors Kalaari Capital and The Michael &...
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Quanfluence Raises $10 Mn To Build Full-Stack Photonic Quantum Computer
Bengaluru-based quantum compute startup Quanfluence has raised $10 Mn (around ₹92 Cr) in a funding round led by Chiratae Ventures, with participation Rainmatter by Zerodha and existing backer Pi...
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OpenAI Agents Go Rogue, FYDY Eyes $12 Mn & More
OpenAI Agents Hit Wikimedia OpenAI is under fresh scrutiny over its “rogue” agents. Wikimedia Foundation claims that the AI juggernaut’s agentic system made unauthorised edits on its platforms, crashed...
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The Case For Evals In A Multi-Model World
Another day and another new model grabs the limelight. Product teams scramble to see how it can be used for their own operations and systems. But a new model can look great in a demo and still make a...
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Go All-Electric By July 2027: Maharashtra Govt To Bike Taxi Aggregators
The Maharashtra government has reportedly directed all bike taxi aggregators, including Rapido, Uber and Ola, to transition to an all-electric fleet by July 2027. According to the Indian Express, the...
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TPG Offloads More Shadowfax Shares Via ₹115 Cr Bulk Deal
TPG continues to dilute its shareholding in Shadowfax. The private equity (PE) giant has now sold more shares of the listed logistics company via an open-market transaction for ₹114.8 Cr. According to...
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Insurance Brokers Oppose IRDAI Reforms, Project 70% Revenue Loss
The Insurance Brokers Association of India (IBAI) has said that the Insurance Regulatory and Development Authority of India’s (IRDAI) recently proposed norms could trigger a 60-70% revenue collapse...
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ServiceNow’s India Bet: Can It Put AI To Work Inside Enterprises?
Enterprise software major ServiceNow is betting that its next leg of growth in India will come not just from digitisation of IT functions, but from enterprises putting AI to work across business...
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Facebook Tests Reels-First UX In India
Meta has started testing a new video-first feed for Facebook in India, where users will now encounter a full-screen, Reels-centric user experience upon opening the application. Under the new...
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Exclusive: AI Research Startup FYDY In Talks To Raise $12 Mn From Lightspeed,...
Frontier AI research startup FYDY (Fuzzy Dynamics), which is operating in stealth mode, is in advanced talks to raise $12 Mn (about ₹115 Cr) in its maiden funding round, sources told Inc42. Lightspeed...
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Thank You, Partners, For Making Inc42’s CTO Summit 2026 A Success
On September 30, Inc42 hosted the inaugural edition of the CTO Summit 2026 at JW Marriott, Bengaluru, bringing together 200+ senior technology leaders as delegates and speakers to discuss how India’s...
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Exclusive: IPO-Bound StockGro Raises ₹110 Cr From Existing Backers
Invest tech startup StockGro, which pre-filed its IPO papers last week, raises ₹110 Cr (around $10.4 Mn) as a part of its ongoing Series B round. As per MCA documents accessed by Inc42, existing...
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Cabinet Clears ₹10,000 Cr SME Fund To Back Manufacturing, Tech Focused SMEs
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the government’s ₹10,000 Cr SME Growth Fund (SGF) to offer growth credit capital to small and medium enterprises. Announced in...
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Swara Baby Products Secures SEBI Nod For ₹1,000 Cr IPO
Swara Baby Products, a contract manufacturer of disposable hygiene products and a subsidiary of omnichannel kidswear brand FirstCry’s parent Brainbees Solutions, has received approval from SEBI for its...
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Dronetech Startup AITMC Files UDRHP For A Fresh Issue IPO
Dronetech and skill development startup AITMC Ventures has filed its UDRHP with SEBI for an IPO comprising a fresh issue of up to 3.5 Cr shares, with no OFS component. The UDRHP follows SEBI’s...
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OpenAI’s ‘Rogue’ AI Agents Hit Wikimedia, Raise Fresh Oversight Concerns
OpenAI’s AI agents have come under scrutiny yet again after the Wikimedia Foundation, the non-profit that hosts Wikipedia, found what it described as “rogue” agent activity across Wikipedia and other...
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Meesho Shares Jump Over 6% After Jefferies Retains ‘Buy’ Rating
Shares of Meesho rose 6.1% to an intraday high of ₹240.40 apiece on the BSE after Jefferies maintained its ‘Buy’ rating on the ecommerce company with a target price of ₹240. At 12:00 IST, the stock had...
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Premium Staples Face Their Next Growth Test
Atta, oil, ghee, salt. These are staples that no one really considers twice before buying. Yet a growing crop of brands is asking Indian households to reconsider what they are buying, and many are...
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