Following weeks of consumer and political outrage as well as regulatory probes, Elon Musk's xAI said late on 14 January that Grok will no longer be able to produce sexualised photos of actual people on its social network X based on user inputs. In a tweet released through
India’s startup ecosystem continues to demonstrate strong momentum in January 2026, with significant funding across edtech, fintech, climate tech, proptech, deep tech, and logistics sectors. Notable investments include Emversity raising $30 million in Series A funding to expand its skill-based higher education programmes, GrowthPal securing $26 million to scale
In order to acquire a record 2.85 million soil carbon credits linked to regenerative agriculture methods in the US, Microsoft has partnered with Indigo Carbon. The action coincides with the Satya Nadella-led company's goal to become "carbon negative" by 2030. However, recently Microsoft's
Accel-backed startup Pync has ceased operations because to growing competition in the quick home services market. According to a statement from rival Snabbit, Pync's three cofounders—Harsh Prateek, Mayank Sahu, and Dev Priyam—have recently joined the company. All three co-founders have joined in at senior positions spanning
RenewCred (Net Zero Initiative Private Limited), a climate-technology company building India’s first fully digital, science-led carbon credit standard and registry for the voluntary carbon market, has successfully closed its ₹4.25 crore seed funding round, comprising a mix of equity and grants. The round was led by Campus Angels
As financial institutions accelerate digital transformation, a quieter shift is unfolding behind the screens, one that has less to do with visual design and more to do with how core product journeys are being rebuilt. Industry studies over the past few years have consistently shown high abandonment across onboarding, activation,
On January 14, the Reserve Bank of India (RBI) gave Sumitomo Mitsui Banking Corporation (SMBC) of Japan "in-principle" approval to establish a wholly-owned subsidiary (WOS) in India. With four branches in Bengaluru, Chennai, Mumbai, and New Delhi, SMBC presently operates banking activities in India via branch format. With
Roadgrid raises ₹12 Crore in a Pre-series A round from Inflection Point Ventures and other investors. The round marks a significant milestone in RoadGrid’s mission to create India’s largest and most accessible EV charging ecosystem. The round saw participation from a strong group of strategic and angel investors,
GrowthPal, co-founded by Maneesh Bhandari, Shalu Mitruka and Amaresh Shirsat today announced a $2.6 million funding round to accelerate its AI-powered M&A copilot for deal sourcing and execution. The round was led by Ideaspring Capital with participation from prominent angel investors globally. The new capital will support
The new labour code has resulted in exceptional costs totalling more than INR 4,373 crores for Tata Consultancy Services (TCS), Infosys, and HCLTech. As a result, the third quarter ending December 31 saw a sharp double-digit drop in profitability for the three largest IT services companies in the nation.
Truva, a full-stack resale homes platform building the most delightful home buying and selling experience, has raised $9 million (₹78 crore) in fresh capital. Of the total funding, $7.3 million (₹61 crore) was raised as equity in a round led by Stellaris Venture Partners and Orios Venture Partners and
Emversity, a higher-education embedded training and employability platform operated by Beyond Odds Technologies Pvt. Ltd., has raised $30 million (₹271 crore) in a Series A round led by Premji Invest, with participation from Lightspeed and Z47, taking total funding raised to $46 million. Emversity acts as a bridge between universities
India’s startup ecosystem continued to witness steady momentum in mid-January 2026, with capital flowing across healthtech, renewable energy, construction-tech, and consumer wellness sectors. From Binny Bansal-backed RISA Labs securing fresh funding to GreenTech’s clean energy push and Pee Safe’s growth capital raise, investor interest remained strong across
Moglix has introduced Cognilix, an AI-powered B2B procurement operating system designed to simplify how businesses buy products, handle inventory, collaborate with suppliers, and sell. The business said that it will spend $5 million to advance AI research and create corporate products tailored to particular industries using the Cognilix platform. AI
On 14 January, Ola Electric declared that its 4680 Bharat Cell platform would be expanded. As part of the effort, companies and startups can now buy the 1.5 kWh 4680 Bharat Cell battery pack or the 4680 Bharat Cells directly for use in portable medical devices, humanoids, automobiles, and
According to creator Gaurav Munjal, Unacademy intends to close its centre business and turn it into a franchise. Munjal informed staff members via email on January 14 that the company will convert its company-operated centres into franchise partnerships in the upcoming months. He went on to say that the business&
India demands that rapid commerce companies abandon their 10-minute delivery claim. The demand was raised amid growing worries that the extremely tight deadlines are deteriorating the safety and working conditions for gig workers. According to various media reports, Federal Labour Minister Mansukh Mandaviya met with executives from major instant delivery
Pee Safe, India’s leading women’s hygiene and wellness brand, has raised growth capital from OrbiMed, a global healthcare-focused private equity firm. The total round size was approximately USD 32 Mn (~INR 290 crore), comprising both primary issuance and secondary share purchases of early investors. The fresh capital will
India’s startup ecosystem witnessed strong momentum on 13th January 2026, with funding activity spanning gaming, beauty services, aerospace deep-tech, specialty chemicals, logistics, and consumer brands. From Liquidnitro Games’ $19.1 million Series A round to early-stage bets on Drickle, Hexalog, and Misochain Technologies, investor interest remained robust across diverse
Indian AI-first fashion startup Alle has officially shut down after operating for around two and a half years. The update was shared by co-founder Prateek Agarwal in a LinkedIn post, where he confirmed that the decision to close the company was taken in October 2025 after multiple attempts to find
- Privacy-first Apple turns to Google Gemini to strengthen Siri in a multiyear deal. - After the deal news broke out, Google’s parent company, Alphabet, crossed $4 trillion in market value for the first time ever. - Elon Musk criticises and calls the deal "an unreasonable concentration of power."
In the December quarter (Q3 FY26), One 97 Communications Ltd. (Paytm) saw continuous institutional investment, indicating ongoing confidence in the company's long-term growth trajectory and strengthening fundamentals. Due to Paytm's inclusion in the MSCI Global Standard Index in November 2025, Category I FPIs increased their investment
January hasn't even ended yet, and at least three major corporations have recently announced widespread layoffs. Giants including Meta, Citigroup, and BlackRock have laid off thousands of employees in a variety of roles, suggesting that the job loss trend that swept through 2025 has continued into 2026, at