India’s startup ecosystem saw notable activity on 8th October 2025, with funding in logistics tech, FMCG, clean tech, healthtech, and e-mobility. Key rounds included Stackbox raising $2.63 million, Meolaa securing $6 million, and Membrane Group obtaining $50 million. In corporate news, TCS canceled its Q2 FY26 press conference
According to reports, Google intends to invest $15 billion, or around INR 88,774.2 crore, to construct a data centre cluster with a 1 GW capacity spread across three campuses in Visakhapatnam, Andhra Pradesh. According to sources cited by ET, the cluster will have three data centre campuses with
To identify and address security vulnerabilities in its artificial intelligence (AI) systems, Google has started a new incentive programme. The organisation is rewarding those who find significant flaws that have the potential to cause actual harm with incentives of up to $30,000 (about INR 26 lakh). Rogue actions—situations
Meolaa, an end-to-end technology-powered FMCG company, today announced that it has secured $6 million in Pre-Series A funding to advance its digital-first growth strategy. The round was led by General Catalyst (GC), alongside participation from Claypond Capital (family investment office of Dr. Ranjan Pai), Colossa Ventures, entrepreneur Kunal Shah, Turbostart
As a component of the AgentKit, OpenAI has introduced the Agent Builder, which gives developers the means to create agentic processes, enhance performance, and create agents using a visual-first canvas. In a blog post announcing the capability, OpenAI stated that up until now, creating agents required balancing disparate tools, including
According to media sources, Indian IT powerhouse Tata Consultancy Services (TCS) has cancelled its post-results news conference for the second quarter profits (Q2), which was scheduled for October 9, because the date falls on the anniversary of Ratan Tata's passing. At 5:30 p.m., the press conference
Following the US government's shutdown on October 1st due to Congress's failure to adopt a budget or temporary funding package, NASA ceased the majority of its operations. NASA is “closed” until further notice, according to a notification on the agency’s website. The closure comes as
Garuda Aerospace, one of India’s leading drone manufacturers, announced that its brand ambassador and investor, Mahendra Singh Dhoni, has successfully completed his drone pilot training at the company’s DGCA-approved Remote Pilot Training Organisation (RPTO) in Chennai. The achievement marks a new milestone in Dhoni’s association with the
India’s startup ecosystem witnessed a dynamic day of funding activity on 7th October 2025, with emerging ventures across clean energy, AI, healthcare, and EV marketplaces securing early and growth-stage investments. From Intangles’ $30 million Series B round led by Avataar Venture Partners to Wakefit’s SEBI approval for its
To broaden its fintech products under Zoho Payments, SaaS startup Zoho has introduced its line of point-of-sale (POS) devices, which includes an all-in-one POS device, smart POS device, and static QR with soundbox. Sridhar Vembu, a co-founder of Zoho, made the announcement on X. In order to tackle "real
After 4.5 years of operation, the fintech startup Niro, which assisted consumer internet platforms in offering embedded credit products, has closed. Investors like Elevar Equity, GMO Venture Partners, Rebright Partners, Mitsui Sumitomo Insurance VC, Innoven Capital, Alteria Capital, and CRED founder Kunal Shah supported the Bengaluru-based company, which was
From 8 October, you can approve your UPI payment with more ease. So, how do you use it, and are there any privacy concerns? Learn more.
A 28-year-old AI billionaire advises today's teens to code with AI to gain a competitive edge over others because...
TrusTerra, India’s first AI-backed marketplace for used electric vehicles (EVs), today announced raising ₹9 Crore in a Pre-Seed funding round led by Finvolve and India Accelerator, with co-investment from GrowthCap Ventures and participation from strategic angels including Shishir Maheswari (MD, E-Mobility/Eversource Capital), Samrath Jit Singh (Founder, Trontek Batteries)
Negative cash flow, negative net worth of ₹437.4 crore, and high finance costs are eating the company's revenue, says…
The Sambhal police have stepped up their efforts against Jawed Habib, a famous hairstylist, and his family for allegedly defrauding more than 100 individuals out of crores of rupees. Nineteen fresh cases were recently filed, bringing the total number of complaints against Javed Habib and his son Anas Habib to
The Danish pharmaceutical company intends to reduce 11% of its workforce, or 9,000 positions, in order to save 8 billion Danish krone ($1.25 billion) a year. Indian workers in Bengaluru have been laid off less than a month after Ozempic manufacturer Novo Nordisk declared it was reducing its
10 years of rejection transformed Ragini Das's life story; 6 years at Zomato, she founded her own company, and helped women...
Reliance Infrastructure Ltd. and Reliance Power Ltd.'s shares are under scrutiny on 7 October following their clarification of SEBI show-cause notifications regarding suspected violations of the SEBI Act of 1992 and the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003. Reliance Power stated in a filing
Venture Catalysts, India’s premier early-stage investor and integrated incubator, today announced that it has led the $850K seed round in Umagine Hydrogen Pvt. Ltd. (branded H2 Carbon Zero), a deep-tech manufacturer of modular, stackable fuel-cell systems for stationary power generation. The round also saw participation from Faad Networks, which
Dineout Founders Ankit Mehrotra and Sahil Jain have secured $4.5 million in a Seed funding round, led by prominent global VC fund Nexus Venture Partners, for their latest venture, UK and India-based medical travel startup, The Medical Travel Company. Kriscore Capital, an early-stage venture firm, also joined in this
Wakefit Innovations secures SEBI approval for its ₹468 crore IPO. The company plans to use the funds to expand stores, boost marketing, and strengthen its presence in India’s growing home and sleep solutions market.
Nvidia's market dominance will be challenged by the five-year agreement as OpenAI prepares to implement AMD's new MI450 chips. OpenAI CEO Sam Altman and Advanced Micro Devices CEO Lisa Su during a hearing of the Senate Commerce, Science, and Transportation Committee in Washington in May. In
India’s startup and business ecosystem witnessed several significant developments on 6th October 2025. From major funding deals to strategic business moves, here’s a quick roundup of the top stories shaping the market today. Highlights include JSW One Platforms securing INR 575 crore to expand its B2B e-commerce operations,