Breaking startup & business news from India.
OnePlus is apparently going to leave the US, Europe and India as parent firm Oppo is restructuring its worldwide smartphone business amid declining sales and mounting market challenges. The reports say the brand would cease operations in major international markets.
Anthropic is offering verified K-12 instructors in the US free access to their premium AI model, Claude, through 2027, to help educators streamline lesson planning, evaluations and classroom activities.
Amazon has chosen Telangana as the site for its largest data centre investment in India, with a pledge of Rs 60,000 crore to develop a hyperscale data centre in Hyderabad’s Bharat Future City. The project forms part of Amazon Web Services’ greater growth in India.
To fast-track its AI-first approach, Wipro has created an AI Native Business and Platforms Unit and pledged $500 million through Wipro Ventures to invest in AI, data and cybersecurity firms. The company is extending its network of relationships with universities, AI laboratories and startups.
Swiggy has signed a deal with Hindustan Petroleum Corporation Ltd (HPCL) for a trial to deliver LPG cylinders to customers' doorsteps via Swiggy Instamart in Bengaluru, which is being called a first of its type in India's quick-commerce space.
The Union Cabinet has granted INR 1.27 lakh crore for India Semiconductor Mission (Semicon) 2.0 for bolstering the country’s semiconductor design and production ecosystem. Announced by IT Minister Ashwini Vaishnaw, the initiative intends to attract INR 4 lakh crore investments.
Emergent, the fast-growing AI software creation platform that enables founders and business owners to build full-stack, production-ready web and mobile applications, has secured $130 million in Series C funding. The round was led by Creaegis, with MNI Ventures - Claypond Capital and Sentinel Global as co-lead investors, and participation from
Electric mobility and consumer brands led the deal flow on 15 July 2026, with seven rounds spanning EVs, AI software, D2C food and grocery. Ather Energy topped the day with a ₹1,200 crore preferential issue, while AI software startup Emergent joined the unicorn club at a $1.5 billion
Big publishers like Hachette, Cengage, Elsevier and author Scott Turow have filed a fresh copyright case against Google, accusing the company of using millions of copyrighted books without authorisation to train its Gemini AI models.
Hero MotoCorp will invest $116 million (approximately INR 1,000 crore) in Ather Energy through a preferential allocation, strengthening its long-term electric vehicle cooperation with Bengaluru-based EV producer. The investment is pending regulatory and shareholder approvals.
The White House has unveiled Gold Eagle, an AI cybersecurity clearinghouse aimed at boosting U.S. national cyber defence through the coordination of vulnerability identification and response across key infrastructure, including banks and utilities.
Gold and Silver rate today in India, 15 July 2026: 24K gold slipped 0.80% to ₹1,41,850 per 10g and silver fell 0.65% to ₹2,22,210 per kg as Comex gold stayed near the $4,000 level. Check city wise gold and silver rate today and MCX data.
Deepinder Goyal has announced that Temple, his AI-powered wearable, will be launched in the next 6-12 months. Temple is designed to assess metabolic rate using a new biomarker termed entropy, and intends to provide real-time insights regarding stress, recovery, sleep, meditation, and exercise.
E3 Electric.Ai, a Bengaluru-based deep-tech electric mobility company building AI-powered, modular electric scooters, has raised ₹100 crores with a combination of equity & debt. Led by BluVenture Holdings, a global venture capital firm backing high-growth, category-defining startups, this investment is part of its Series A funding, and the capital
Stripe and Advent International have teamed up to bid more than $53 billion for PayPal, offering $60.50 a share and securing almost $50 billion in committed bank financing to back the bid. The offer comes as PayPal faces slowing growth and rising competition in digital payments.
Demis Hassabis, CEO of Google DeepMind, has called on the United States to spearhead the development of a worldwide AI standards framework to regulate advanced AI models and address national security concerns.
Consumer D2C and late-stage private equity drove the day's action on 14 July 2026. Footwear brand BUILT bagged $2 Mn in pre-seed capital, while Avendus moved to close its Future Leaders Fund III at around ₹1,800 crore. On the news front, the CCI fined HP India ₹138.
The Competition Commission of India (CCI) has fined HP India INR 138.85 crore and 21 resellers INR 3.52 crore for allegedly colluding to rig bids and forming a cartel in Government e-Marketplace (GeM) tenders.
Anthropic has announced India-specific pricing for its Claude AI helper. The Claude Pro plan starts at INR 2,399 per month and INR 2,000 per month with an annual subscription. The change enables Indian users to make payments in rupee rather than dollar.
Aditya Birla Renewables Ltd, a subsidiary of Grasim Industries, has agreed to acquire Shell’s Sprng Energy for $1.8 billion (INR 17,200 crore) in one of the biggest renewable energy acquisitions in India. The deal will bring ABRen’s portfolio to around 5 GWp.
Gold and Silver rate today in India, 14 July 2026: 24K gold rose 0.91% to ₹1,41,860 per 10g and silver climbed 1.32% to ₹2,20,620 per kg as Comex gold held above $4,000 after an early dip. Check city wise gold and silver rate today and MCX data.
Indian-origin billionaire and venture capitalist Vinod Khosla has agreed to acquire the Seattle Seahawks in a deal valued at $9.6 billion, making it the most expensive sale of an NFL franchise to date. The agreement was announced by the estate of late Microsoft co-founder Paul G. Allen, which has
Pune Gas has called on the Centre to develop India’s first LPG Efficiency Policy Framework as energy costs surge and supply chains are disrupted due to the Iran conflict. To boost fuel economy and safety, the business has advised the promotion of 47.5-kg LOT cylinders.
Volkswagen will cut up to 100,000 positions worldwide as part of a major cost-cutting and restructuring strategy to counter dwindling profitability, disappointing sales in China, growing competition from Chinese electric vehicle makers and rising production costs.
A government-backed Digital Threat Report 2025–26 has warned that frontier AI models are leading to sophisticated cyberattacks on banks with minimal human involvement and pose a rising threat to India’s Banking, Financial Services and Insurance (BFSI) industry.
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 Indian startup funding updates. This article provides a clear and easy overview of the latest startup funding news in India throughout the year. Our weekly funding tables, updated regularly, track how much funding each startup has raised, the sectors they operate in, the key investors
TCS has renewed its two-decade cooperation with ABB with a multi-million, multi-year deal to modernise the company’s worldwide network operations with AI. TCS to provide network-as-a-service capability at the end-to-end level in support of ABB’s Future Network Model plan.
Spacetech leads the day's dealflow. Hyderabad-based Dhruva Space has drawn ₹60 crore from Antariksh Venture Capital Fund, the maiden cheque from the Centre's ₹1,600 crore spacetech fund anchored by IN-SPACe. On the corporate front, contract manufacturer Zetwerk has secured SEBI's nod for its
Gold and Silver rate today in India, 13 July 2026: 24K gold fell 1% to ₹1,42,590 per 10g and silver dropped 1.32% to ₹2,20,050 per kg as Comex gold slid toward $4,000. Check city-wise gold and silver rates today and MCX data.
Flipkart eyes selling shares in logistics provider Shadowfax Technologies worth INR 700-750 crore, cutting its shareholding ahead of the company’s upcoming IPO. Walmart-backed e-commerce giant likely to hold 2% stake to comply with SEBI’s promoter lock-in regulations.
FSSAI has issued nine notifications to Swiggy Instamart on the back of repeated complaints by consumers of suspected food safety and compliance issues. The agency cited concerns like expired, spoilt, contaminated and incorrectly marked food goods, and mismatches in FSSAI licence details.
Microsoft CEO Satya Nadella has warned of a “Reverse Information Paradox” that might lead to a company’s most valuable secrets being leaked through AI. He claimed businesses may increase AI performance by sharing private data, procedures and knowledge.
TCS restructures executive team; launches five new business groups to drive AI-led development and deepen client engagement The restructuring will be concentrated on important industries including BFSI, tourism, cybersecurity, energy, ServiceNow and the US West Coast market.
Anthropic is offering free access to their sophisticated AI model, Claude Fable 5, to qualified customers of its premium AI versions Claude Pro, Max, Team, and Enterprise until July 19. The extension also raises developers’ weekly limits for Claude Code by 50%.
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With the revived debate on ethanol blended petrol, Mercedes-Benz India has assured consumers that all its BS VI petrol vehicles are entirely compatible with E20 gasoline. The manufacturer said its approved vehicles promise safety, reliability and performance on E20 fuel.
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 US funding updates. This article offers a clear and structured overview of the latest investment activity in the United States throughout the year. Our weekly funding tables, updated regularly, track how much funding companies have raised, the industries they operate in, key investors involved, and
Gold and silver rates in India are unchanged today, 12 July 2026, with 24K gold holding at ₹1,44,020 per 10 grams and silver at ₹2,22,980 per kilogram. Silver is now down nearly 10 per cent for the month as MCX stays shut for the weekend. Check city-wise rates and this week's price trend inside.
Gold and silver rates in India are unchanged today, 11 July 2026, with 24K gold holding at ₹1,44,010 per 10 grams and silver at ₹2,22,960 per kilogram. Both metals are down sharply for the week as MCX stays shut for the weekend. Check city-wise rates and this week's price trend inside.
Apple has sued OpenAI in federal court in California, claiming the AI company exploited trade secrets to manufacture hardware for its popular chatbot, the New York Times reported. The complaint claims that former Apple executives Tang Tan and Chang Liu took proprietary hardware information.
Peak XV-backed premium lab-grown diamond jewellery brand nearly triples its store network in twelve months; strengthens balance sheet as the category enters its defining phase.
Retail and consumer brands led the day's dealmaking, spanning luxury fashion, lab-grown diamonds, live entertainment and biofuel. Four rounds brought in roughly ₹318 crore in total, topped by Purple Style Labs' ₹162.5 crore debt raise for Pernia's Pop Up Shop. Aukera followed with a
Renault India has entered into a partnership with IIT Kanpur to boost automotive R&D via advanced aerodynamic and wind-noise testing at the NWTF. The cooperation is focused on accelerating the engineering of next-generation vehicles by leveraging the research infrastructure of IIT Kanpur.
Due to the rise of digital lending in India, instant loans have increased a lot. These loans are very useful during emergencies as it is available within a few hours. You can easily apply for it online with minimum paperwork. As these loans are easily available, borrowers just focus on
ONGC has sanctioned a project to enhance India’s strategic crude oil storage capacity by 1.75 mn tonnes at Mangaluru in Karnataka, boosting the nation’s energy security in the face of global supply uncertainty. The project will help India’s expanding energy needs and strategic petroleum reserves.
Cognisant is scaling its frontier engineering team from 5,000 to 10,000 people to speed enterprise AI adoption and respond to growing client demand. The company will deploy AI-ready engineers, hire global frontier-native talent and enhance industry-specific AI implementation capabilities.
Gold rate today, 10 July 2026: 24K gold fell 0.70% to ₹1,44,850 per 10g and silver dropped 1.35% to ₹2,23,670 per kg on mild global weakness ahead of the weekend. Check city wise gold and silver rate today and MCX data.
EY India launches an AI-powered CPM tool to enable enterprises monitor, assess and manage cyber risk on a real-time basis. The platform leverages AI, cybersecurity and financial risk quantification to deliver a single pane of view, faster threat response and better decision making.
Indian government has cleared the joint venture between Dixon Technologies and Vivo Mobile India under Press Note 3 which will lead to more smartphone manufacture in India. The joint venture will manufacture Vivo branded smart phones and products for other companies.
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The Centre has extended customs tax exemptions on critical electronics components and lithium-ion battery manufacturing equipment till March 31, 2029, to boost India’s manufacturing ecosystem. This will lower the input prices for display modules, wireless charging systems etc.
* Features a comprehensive suite of DIY and Expert-Assisted filing options tailored for all income levels. * Users receive a JioPoints benefit worth up to 25% of their filing fees, redeemable for brand vouchers and exclusive deals. In this tax filing season, JioFinance has brought back its highly popular tax planning and
The Delhi HC Division Bench has been asked by Google to review a single-judge order that limited trademark keyword bidding in Google Ads. The lawsuit stemmed from a verdict in favour of Hindware, which ruled that competitors bidding on the “Hindware” brand was an infringement of the Trade Marks Act.
A US federal court has authorised a settlement reached between Elon Musk and the US Securities and Exchange Commission (SEC) for his failure to disclose his Twitter stock purchases in a timely manner, even as the judge expressed “red flags” about the deal.
Three deals headline India's startup funding activity on 9 July 2026, spanning rural commerce, space-tech, and enterprise AI. Chennai-based Wheelocity led the day with ₹82 crore (~$8.5 million) raised across an ongoing round backed by Lightspeed India and Elevar Equity, while Pune's BAAS Technologies closed
BSNL launches satellite phone in India at INR 1.34 lakh, promises dependable communication in rural, network-less locations using satellite connectivity. The device, built with worldwide satellite providers, provides SOS emergency support, a long battery life etc.
Meta has added a new privacy feature to its Ray-Ban AI smart glasses that will instantly turn off the camera if the gadget senses interference with the LED privacy indicator. The upgrade is designed to prevent anyone from taking photos and videos secretly.
Gold rate today, 9 July 2026: 24K gold rose 0.61% to ₹1,45,030 per 10g and silver jumped 1.36% to ₹2,26,360 per kg on positive global cues. Check city wise gold and silver rate today and MCX data.
Truecaller has expressed concerns about the impact of TRAI’s current restrictions that bar the app from displaying spam notifications for calls coming from the 140 and 160 number series used by banks and telemarketers.
Apple has pledged $30 billion to Broadcom in a multi-year deal to expand U.S. semiconductor manufacturing, its greatest investment in chipmaking in the country so far. The partnership includes the production of more than 15 billion custom chips in the U.S.
* BAAS Technologies is developing India's reusable sub-orbital and orbital launch vehicles entirely in-house, from propulsion systems to flight hardware. * BAAS is developing four launch vehicle series, each built for a different mission profile, from research payloads to satellite deployment. * The company has already run paid pilot programs in
OpenAI is preparing for the general launch of its GPT-5.6 Sol, Terra, and Luna models, opening up access to developers and businesses following a limited initial rollout. The company also announced its new voice models, GPT-Live, which enable more natural interactions in real-time.
Ford Motor has launched its third India Technology and Business Services Centre in Coimbatore, boosting its global capability centre (GCC) network. The new site will include technology, data analytics, finance, credit, treasury and business continuity functions.
FSSAI has issued notices to Lotte India, Kubera Foods and FNP for allegedly making deceptive product claims and violating labelling norms. The companies have been given seven days to reply or risk prosecution under the Food Safety and Standards Act, 2006.
Seven funding rounds closed on 8 July 2026, spanning edtech, EV mobility, women's health, dairy, voice AI, and skincare, with Elevate Education's ₹170 crore Series D from WestBridge Capital topping the day's deals. Beyond the capital tables, Swiggy crossed a structural milestone as its
Elevate Education (formerly known as Sunstone) has secured ₹170 crore in Series D funding from WestBridge Capital. The investment follows a period of strong execution during which the company significantly expanded its student base, institutional partnerships, and revenue, establishing itself as one of India's leading higher education platforms
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Google Cloud intends to expand its AI data centre network in India as enterprise demand for artificial intelligence and cloud services continues to grow, CEO Thomas Kurian said. The firm is looking to bolster its AI infrastructure across the country
China is said to be mulling limits on outside access to its most powerful AI models, a move that might harm developers and companies in India, the US and beyond. Officials are thought to be mulling tougher controls on frontier AI technologies, foreign investment etc.
Gold and Silver rate today in India, 8 July 2026: 24K gold dipped to ₹1,45,560 per 10g and silver fell to ₹2,30,500 per kg in a quiet session with no major trigger. Check city wise gold and silver rates and MCX data.
Neothera, a science-led skin health company reimagining how chronic skin conditions are treated, has raised ₹9 crore in pre-seed funding led by Blume Ventures, with participation from the Barbershop Fund (the investment syndicate led by Bombay Shaving Company Founder Shantanu Deshpande), Consumer Collective, and Veltis Capital. The round also saw
* Funds to be deployed across market expansion, deeper channel penetration, product innovation and investment in AI and technology * Operating fresh daily essentials across Delhi-NCR, Chandigarh, Ambala, Karnal and Meerut, with more cities on the way, and shipping its non-perishables like ghee and wood-pressed oils across India. * Near-2x growth in D2C,
Meta Superintelligence Labs has unveiled the release of Meta’s new AI-powered image generating and editing model Muse Image. The tool is embedded in Meta AI and lets users create, modify and transform photos using natural language prompts, complex markup features and real-time online context.
Meta has called for increased kid safety safeguards following a government notification about Instagram ads that purportedly included child sexual abuse material (CSAM). The business said it has deleted offensive adverts, suspended thousands of accounts and upgraded AI-powered detection systems.
MakeMyTrip has introduced OneCircle, a loyalty system with 13,376 hotels, homestays and alternative lodgings in 1,002 places in India and beyond. Travellers can earn reward points worth at least 10% of their accommodation spend for future bookings.
A complaint in the US seeks to fine Meta $1.4 trillion, arguing that Facebook and Instagram were designed to keep young users addicted, while misleading the public about the safety of the platforms. Four states are seeking damages before an August trial.
Here's your daily funding and key business news roundup for July 7, 2026. Pune-based Econovus Packaging raised Rs 40 crore led by Rainmatter and Physical AI startup Mowito closed a $3 million pre-seed, backed by PyTorch co-creator Soumith Chintala's network. On the business front, fitness unicorn
Cult.fit has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO that would consist of a fresh offering of up to INR 950 crore and an offer for sale by existing investors. The funds will go into expanding gyms, reducing debt, growing retail and developing the brand.
Apple has started accepting card payments for App Store & iCloud in India after a gap of 5 years, by upgrading its payment system to conform with the RBI guidelines on card tokenisation and recurring payments.
Kareena Kapoor Khan has made a strategic investment in footwear brand Fizzy Goblet, expanding her decade-long association from ambassador to investor. The move comes as the homegrown brand targets ₹100 crore in revenue and accelerates its India and global expansion.
Gold price today, 7 July 2026: 24K gold fell 1% to ₹1,45,940 per 10g and silver dropped 1.84% to ₹2,32,150 per kg as investors booked profits and refocused on the Fed rate outlook. Check city wise rates and MCX data.
The Centre is planning a phased introduction of E21 fuel by 2027 and E25 by 2029, limiting ethanol content to 25%, as per India’s ethanol-blending roadmap. The phased roll-out is intended to ease worries about vehicle compatibility, fuel economy and infrastructural readiness.
Flipkart has announced its second ESOP liquidity scheme in two years, allowing qualifying workers to encash up to 5% of their vested stock options at INR 713.4 per share. Flipkart’s move comes after it hit major commercial milestones.
The Government of India has announced an Offer for Sale (OFS) to disinvest up to 5.04 per cent ownership in Cochin Shipyard at a floor price of Rs 1,400 per share. Non-retail investors can place bids from July 7 while retail bidding will be held on July 8.
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Microsoft is planning to cut about 4,800 jobs, or 2.1% of its staff, as the tech giant accelerates investments in artificial intelligence and focuses on operational efficiency. Cuts come amid increased expenditures for AI equipment and a wider restructuring of the tech sector.
To capitalise on the increasing demand for high-end food products and enhance order values and margins, Blinkit has introduced its premium grocery offering, ‘Gourmet’ in select pincodes of Bengaluru, Delhi-NCR and Mumbai. The portal offers selected premium products.
Logistics and enterprise AI led the day's activity, though fresh cheques were thin. Bengaluru-based EV fleet startup TOCAL raised the only disclosed round, a ₹9 crore seed led by XB Group. On the public markets front, enterprise AI firm C5i filed confidential IPO papers with SEBI targeting ₹1,
Ashok Leyland has teamed with Rosmerta Recycling to enhance the commercial vehicle scrappage ecosystem in India by providing clients access to authorised vehicle scrapping facilities through its nationwide dealer network. The agreement will enable the disposal of end-of-life vehicles.
One of India's most respected founder-led creative agencies joins WTF's venture ecosystem, a landmark bet that the independent model pioneered by the likes of AKQA, Mother and Wieden+Kennedy now has a distinctly Indian future. BTG retains its founders, its team and its creative independence.
Gold price today, 6 July 2026: 24K gold held nearly flat at ₹1,47,720 per 10g while Comex gold rose 1.08%. Silver at ₹2,37,560 per kg as Comex silver jumped 2.25%. Check city wise rates and MCX data.
Meta has until July 9 to reply to concerns raised by the Ministry of Electronics and Information Technology regarding WhatsApp’s proposed username feature. The functionality could increase risks of impersonation, phishing, fraud and identity spoofing.
* Acquisition expands regional payroll capabilities across countries, enhancing support for multinational enterprises across Asia-Pacific and the Middle East * The acquisition is also expected to double AscentHR's revenue and presence across key APAC markets AscentHR, a leading provider of HR, payroll, compliance, and workforce solutions, has acquired OS HRS,
The use of artificial intelligence technologies by Tesla employees is now limited to $200 per week (about INR 19,000), with management consent needed for any expenditure beyond this. This is a change from the company's previous strategy of encouraging broad use of AI.
India’s Standard Chartered has cut its branch network to 80 from 100 as it shifts focus to advisory-led and wealth management services. The British institution intends to develop its priority banking hubs and enhance its affluent, SME and wealth businesses.
Nagpur Police have booked Rapido founders Rishikesh S R, Pavan Guntupalli and Aravind Sanka for allegedly running petrol-powered bike taxi services without official nod in Maharashtra. The case was registered after a crackdown by the RTO for violations of the Motor Vehicles Act.
Gold and silver rates in India remain unchanged today, 5 July 2026, with 24K gold holding at ₹1,47,840 per 10 grams and silver flat at ₹2,37,680 per kilogram. Both MCX and bullion markets are shut for the Sunday weekend. Check city-wise rates and this week's price trend inside.
Toyota Kirloskar Motor has explained that the issue displayed in the viral video involving an Innova Hycross was due to the petrol being polluted and not because of E20 fuel. The business said the Hycross is completely developed and certified for E20 petrol.
Gold and silver prices in India are unchanged today compared to Friday's close, as both the bullion market and MCX remain shut for the weekend. While there is no fresh movement today, both metals are still holding on to sharp gains made earlier in the week. Gold and
Centre to call Meta amid accusations Instagram used advertising promoting child sexual abuse material (CSAM) Minister for IT, Ashwini Vaishnaw, has asked MeitY officials to seek an explanation from the firm on the presence of such content on its platform.