Breaking startup & business news from India.
Solar Industries will be acquiring South Africa-based Omnia Holdings through its step down company Solar SA Investments in an all cash deal valued at over INR 12,951 crore. Mining, agriculture, fertilisers and industrial explosives are the areas of activity for Omnia in 23 countries.
One funding round closed on 14 September 2026 in the fashion-tech space. Arkam Ventures and Antler led the round. The raise is UniqYou's INR 15.8 crore seed round to build its AI-led fashion platform for women shoppers. Away from funding, PwC India and PwC US launched a
24K gold is trading at ₹150,750 per 10 grams today, sliding sharply after a rough session that has wiped out most of the past week's gains in a single day. Silver has fallen even harder, dropping to ₹230,110 per kilogram in one of its steepest single
Airtel and Jio have urged the TRAI to direct Vodafone Idea (Vi) to investigate the charges of unfair trade practices and file a report. Telecom rivals also want stronger rules on fraudulent client acquisition practices related to mobile number portability (MNP).
Amazon is extending its India logistics network with 150 last-mile delivery locations, 20 fulfilment centers and six sort centers ahead of the festive shopping season. The development is part of its approximately INR 2,800 crore investment in infrastructure and operations.
PwC India and PwC US are entering into a joint venture to combine PwC India’s consulting business with PwC US’s acceleration centers in India. The planned JV will employ about 40,000 people and will be owned 49.9% by PwC India and 50.1% by PwC US.
Essar Group has bought UK petrol station operator SGN Retail, which has 118 outlets, to add to its existing fuel retail network. The acquisition will see Essar Energy Transition Retail’s UK petrol stations increase to 235 as the firm seeks 800 locations by 2031.
Microsoft CEO Satya Nadella has emphasised that AI should be for the good of humanity and under human control. He urged for ethical AI development, wider access to technology and a balance between open-source and closed-source models.
Luminous Power Technologies to invest INR 2,000 crore over 5 years to accelerate expansion, expand solar & energy storage companies The firm is establishing a 1.2 GW solar cell manufacturing unit in Odisha and a 500 MWh lithium-ion battery facility in Himachal Pradesh.
🗞️ 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 holds at ₹153,250 per 10g and silver at ₹234,670 per kg across Indian cities on Sunday, 13 September 2026, with MCX closed for the weekend. Here are the full rates and weekly trends.
Gold and silver rates today in India, 12 September 2026. 24K gold trades at ₹153,240 per 10g and silver at ₹234,650 per kg, both unchanged as MCX and bullion associations stay shut for the weekend. Check city wise rates and last traded MCX data below.
Ultraviolette Automotive will invest INR 779 crore to establish a new BIGGA Factory in Hosur, Tamil Nadu to increase its electric car manufacturing capability. The plant is expected to produce 250,000 vehicles a year initially, with capacity for 500,000 units as demand increases.
Here's your daily dose of Indian startup funding roundup and key business news for 11 September 2026. Popo Global raises INR 532 crore, Flipkart Minutes clocks 4X growth in two years, and Flipkart launches AI shopping agents through Super.money.
Gold and silver rates today in India, 11 September 2026. 24K gold trades at ₹152,650 per 10g and silver at ₹233,120 per kg, both slipping further as Comex weakens. Check city wise rates and MCX data below.
Flipkart’s finance platform Super.money is introducing AI agents capable of shopping on Flipkart themselves and buying gold when prices hit certain levels. The company aims to expand these agents to bill payments and investments, giving 20% of its IT budget to agentic AI.
Anthropic warned of potential misuse of its AI models, including the Claude series, for developing missiles, conducting cyber-espionage and surveillance activities. The business said it had broken up an alleged enterprise in northern Yemen that employed Claude.
Supreme Court seeks Centre’s reply within 10 days on deadline for food warning labels on packaged products The proposed labels would highlight items rich in added sugar, salt and saturated fat as concerns about food safety and public health mount.
Google announces five new efforts in India to help the country’s climate goals by merging AI, renewable power and climate technologies. Initiatives include a 150 MW solar project in Rajasthan with ReNew Power, rooftop solar intelligence on 300 million structures and more
India has modified its Consumer Protection (E-Commerce) Rules, 2020 to increase transparency and address dark patterns, misleading offers, search manipulation, and undeclared sponsored listings.
HDFC Bank gets a legal reprieve as Bahrain High Civil Court throws down all 7 investor cases relating to Credit Suisse Additional Tier 1 (AT1) bonds. The investors had sued the bank of carelessness, deception and inadequate disclosure over their bond transactions.
The Delhi High Court has blocked home-care company Beco from launching an advertising campaign against Hindustan Unilever's Vim and Surf Excel products. HUL took on Beco’s #WarOnWhatsHidden campaign, arguing that it was portraying its products as a physical hazard.
Amazon tightened its internal food safety measures after officials in Karnataka detected food goods with expired and improper labels at two units in Bengaluru. Medicines reportedly held without a valid licence were also seized by officials.
Flipkart is trialling its “Eat In” meal delivery service among employees in Bengaluru as it looks to foray into online food shopping. The Walmart-backed company is also testing a separate Flipkart Minutes app with limited consumers ahead of a larger launch before the Big Billion Days sale.
Axis Bank is speeding up the use of artificial intelligence (AI) to promote company growth but is cutting down the rate of hiring new staff. The lender has a net headcount of nearly 101,000 employees, down 3% after adding 400 branches in FY26.
The CCI has completed its antitrust probe into Google’s rules for real money gaming applications, stating that regulatory reforms had changed the market drastically. The examination follows a complaint by WinZO Games in 2022 that stated Google exploited its leading position.
Qualcomm has given Amazon rights to purchase 25 million Qualcomm shares worth $4 billion, as part of a new cooperation with AWS to develop customised data center chips. The transaction boosts Qualcomm’s push into AI infrastructure, especially inference, and raises competition with Nvidia.
Swish, the full-stack, vertically integrated food delivery platform that delivers fresh food to consumers in 10 minutes, today announced that it has raised $24 million in funding led by Bertelsmann India Investments (BII), with participation from existing investors Accel, Bain Capital Ventures and Hara Global. The fundraise comes as Swish
Here's your daily dose of Indian startup funding roundup and key business news for 10 September 2026. Swish raises $24 million, the government tightens ecommerce rules ahead of the festive season, and RentoMojo's IPO is subscribed 1.97X on day 1.
Paytm is entering the artificial intelligence industry with Pi, an AI agent platform for banks and insurers in India and the UAE. Trained on Paytm’s financial and consumer data, Pi is capable of assisting in sales, customer service, fraud detection, credit evaluation and insurance claims.
Singapore has maintained its support for Singapore Airlines’ investment in Air India, notwithstanding the increasing public scrutiny of the carrier’s financial woes. Temasek owns 25.1% of Air India via Singapore Airlines.
Here's your daily dose of Indian startup funding roundup and key business news for 9 September 2026. QNu Labs raises INR 200 crore, Carrum Mobility raises $10 million from Uber, and Flipkart tests its food delivery service Eat In.
Gold and silver rates today in India, 9 September 2026. 24K gold trades at ₹154,070 per 10g and silver at ₹240,100 per kg, both edging higher as Comex and MCX firm up. Check city wise rates and MCX data below.
NCPCR has summoned Meta India’s Managing Director and Head on charges that Instagram is running adverts promoting Child Sexual Exploitation and Abuse Material (CSEAM). Child rights body opens official investigation after BBC Eye report and Meta’s response.
Adani Airport Holdings Ltd (AAHL) is selling a 5.54% interest to a consortium that includes Alpha Wave Global, Temasek, Premji Invest and funds managed by BlackRock for INR 9,825 crore ($1 billion). The transaction values AAHL at some $18 billion before the investment.
Meta has launched a new AI agent, called Muse, that can access apps and do things like write emails, plan flights, make payments and manage calendars. Muse, first made available in the US through WhatsApp and a custom application, may operate standalone on cloud-hosted virtual computers.
The US Department of Labour has temporarily put a hold on Cognizant’s PERM green-card filings amid the Trump administration's crackdown on alleged fraud involving H-1B and permanent labour certifications. That suspension bars Cognisant from filing fresh PERM applications.
JSW Group and Skoda Volkswagen India have inked an MoU to develop a strategic joint venture to bolster Volkswagen's foothold in India. The alliance might increase local sourcing, manufacturing, product development and electric car localisation.
QNu Labs has raised ₹200 crore led by the National Quantum Mission and Speciale Invest, a single round larger than everything it raised in the previous decade. Filed accounts show ₹40.5 crore of revenue in FY2025, up 64%.
Marmalade has raised ₹6 crore from individual backers including Amrut Distilleries' COO for Brightside Craft Whiskey, a smoother whiskey aimed at younger drinkers. Its ₹5 crore ARR is a run rate, which works out at roughly ₹42 lakh of sales in September.
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Sahil Barua is the co-founder and CEO of Delhivery. Explore his education, career, investments, Ecom Express acquisition and latest 2026 updates.
Gold and silver rates today in India, 8 September 2026. 24K gold trades at ₹153,570 per 10g and silver at ₹239,010 per kg, both edging higher even as Comex gold slips. Check city wise rates and MCX data below.
Here's your daily dose of Indian startup funding roundup and key business news for 8 September 2026. Circolife raises $4.5 million, Udaan acquires Swiggy-owned LYNK in a INR 500 crore deal, and Jio targets a 2027 satellite test launch.
Kuku Technologies will hire 1,000 personnel to build its AI-powered content creation unit by the end of the financial year. The startup plans to leverage its AI Storytelling Stack to speed up micro-drama creation, reduce expenses by 30-50% and ramp up output for Indian and global markets.
ARC has raised ₹10.5 crore in pre-seed funding led by Chimera VC and MIXI Global Investments to build ARC X1, a handheld games console with its own operating system. That is roughly $1.2 million to do hardware and software at once.
Reliance Jio is gearing up to enter India’s satellite internet business and intends to launch its first test satellite in September 2027. Jio has applied for slots from the International Telecommunication Union (ITU) for satellite launches and has received the green signal from IN-SPACe.
TCS has bagged a Rs 122.6 crore contract to construct an AI-enabled governance platform for the Odisha government, called OSWAS 3.0. TCS DigiBOLT will include workflow automation, analytics, security and digital services as part of the six-year project.
IRDAI has levied a penalty of Rs 1 crore on ICICI Lombard General Insurance Company for violation of outsourcing practices and corporate governance requirements. The penalty comes after an examination by IRDAI and show-cause notices in 2024.
ANI has approached the Delhi High Court challenging the judgement to refuse interim relief in its copyright suit against OpenAI for using news articles to train its AI model, ChatGPT. The appeal was scheduled before a Division Bench on Sep 8, 2026, but the hearing was adjourned to Sep 14.
Udaan has purchased Swiggy-owned LYNK in a share-swap deal worth INR 500 crore, bolstering its B2B retail distribution network in major Indian regions. An additional investment of INR 75 crore will provide Swiggy a 3.2% ownership in Udaan.
Samsung India has began dismissing employees in its television and home appliance divisions. About 80–100 executives have reportedly been asked to quit, due to rising memory chip prices, greater raw material costs, currency depreciation and decreasing customer demand.
🗞️ 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
India's first kaftan-only brand grows from a single idea to 1000+ SKUs, four categories, a Hyderabad flagship and global fulfilment and now targets the 21–34 "homebody generation"
HerSpace, which builds and runs accommodation for factory workers, says it is in advanced talks for $40 million from Gray Matters Capital. That would take the investor's commitment to $50 million over 30 months, and the two share a founder.
Swiggy has introduced a 24x7 food safety helpline and an in-app “Food Safety” channel to enable customers report any concerns about their orders. Customers can raise complaints, attach photographs and monitor cases using ticket numbers.
Jaguar Land Rover (JLR) plans to shed up to 4,000 jobs over the next two years as part of a £1.7 billion ($2.3 billion) cost-cutting makeover. Tata Motors’ premium manufacturer is facing more competition from Chinese rivals, U.S. tariffs and a recent cyberattack.
Hyundai Motor India aims to raise its women workforce to 20 per cent by 2030, boosting its diversity, equity and inclusion policy. Women today make up more than 8% of the company’s senior workforce of more than 4,000, while roughly 45% of its 2026 Management and Engineer Trainees were women.
The FSSAI has suspended the licenses of Kailash Formulation and Sanecure Water Project based in West Bengal after inspections uncovered major food safety, hygiene and sanitation violations. Concerns raised over the Sanecure Water Project included bug infestations, poor sanitation and more.
Sugar Cosmetics raised fresh capital at a valuation roughly 80% below its 2022 peak. The founders reportedly paid some salaries personally. The cause: an offline retail expansion that outran the revenue to support it.
According to the TRAI data, BSNL attracted 68,560 net wireless subscribers in Haryana in July 2026, outpacing Reliance Jio and Bharti Airtel in the addition of mobile subscribers. The state-owned telecom operator contributed over half of the total net additions of subscribers in Haryana.
Modern Bazaar halves store network as quick-commerce platforms transform India’s retail space. With a revenue of roughly INR 250 crore, the Delhi-NCR-based luxury grocery chain has down-sized its branches to around 14 and is now concentrating on the smaller Express stores.
Adani Defence & Aerospace has entered into a five-year arrangement with Indo-Russian Rifles Pvt Ltd for the supply of Made-in-India 7.62x39mm ammunition for the AK-203 assault rifles. The arrangement intends to boost India’s domestic military industry ecosystem.
Ola Electric is building its first dealer-led stores across seven states as it transitions away from its own stores to company-led outlets. The EV producer is planning to have 500 dealerships around the country in two quarters to boost local sales and service.
Here's your daily dose of Indian startup funding roundup and key business news for 4 September 2026. Ultrahuman raises $70 million, ESDS Software lists at a 76% premium, and RentoMojo sets its IPO price band.
Gold and silver rates today in India, 4 September 2026. 24K gold trades at ₹155,290 per 10g and silver at ₹240,510 per kg, both easing slightly as Comex dips from recent highs. Check city wise rates and MCX data below.
President William Ruto has directed Tata Chemicals to cease operations in Kenya, intensifying a row over its Magadi soda ash company in Kajiado County. The company had been functioning in the region for decades but had not generated enough local economic value, said Ruto.
Meta has released Muse Spark 1.3, an improved AI agent that emphasises improved coding, instruction-following and longer-running processes. The concept enhances multitasking, memory, tool use and decision-making, while decreasing superfluous interactions.
The Aditya Birla Group has forayed into the wires and cables business in India with an investment of INR 1,800 crore through its Ultravolt brand. The Gujarat-based facility will enable pan India distribution to over one lakh shops across 500 districts and 6,000 pin codes.
India’s top medicines regulator has cancelled three import registrations of Korean cosmetics importer Skintl Enterprises for labelling and warehousing irregularities. The company was found to be utilising wrong registration numbers, keeping products without necessary license etc.
Nvidia to buy AI platform Hugging Face for $12.9 billion as chip giant makes huge expansion into AI software and open source Tech. The deal will provide Hugging Face more resources, infrastructure and worldwide reach while keeping its open platform.
Volkswagen to cut 100,000 jobs by decade's end in global overhaul. The German carmaker has agreed to slash a further 50,000 jobs in addition to 50,000 already announced. Volkswagen is also considering the long-term viability of a number of German operations.
Here's your daily dose of Indian startup funding roundup and key business news for 3 September 2026. Cradlewise raises $12 million, Zerodha gets SEBI's nod for merchant banking, and Alpha Wave sells its INR 550 crore Pine Labs stake.
Gold and silver rates today in India, 3 September 2026. 24K gold trades at ₹154,780 per 10g and silver at ₹237,790 per kg, both rebounding sharply after three days of losses. Check city wise rates and MCX data below.
Tata Sons has cleared an investment of over Rs 10,000 crore in Air India, subject to significant criteria that call for thorough business justifications for future financial infusions. The cash comes as Air India is looking for fresh equity to fuel its turnaround.
Bengaluru-based British LifeSciences faces FSSAI action for sale of expired, mislabeled infant food goods The food safety regulator said it ordered the destruction of 3.7 metric tonnes of expired infant food and the seizure of wrongly labelled products during an examination.
Uber is exiting Nigeria and Uganda with immediate effect as part of a wider worldwide operational revamp led by CEO Dara Khosrowshahi. The ride-hailing company said it was reviewing operations and focused resources on areas with greater potential, such as driverless vehicles.
Adobe acquires Indian AI firm Rilo to bolster its agentic AI and marketing automation strategy Dhruv Jaglan and Georgi Boby, both alumni from IIT Bombay, founded Rilo in 2025. The company has built AI workflow automation solutions.
Uber is undergoing a massive restructuring under its CEO Dara Khosrowshahi, which would see the company cutting around 3,300 jobs globally, including in India. Uber’s layoffs will impact around 10% of the staff, and management roles will be slashed by about 20%.
OpenAI is getting ready to roll out its new Astra AI model with better cybersecurity defences following a recent attack that affected Hugging Face systems. “Astra meets the ‘Critical’ cybersecurity capability threshold of OpenAI,” it said.
The fintech giant is laying off 600 people in India, or about 10% of its local workforce, as it seeks to cut expenses and streamline its global operations. The job losses hit professionals in technology, engineering, operations, payments and finance.
Here's your daily dose of Indian startup funding roundup and key business news for 2 September 2026. DocPharma raises $2 million, JioHotstar launches international streaming in the UK, Canada and Singapore, and Byju Raveendran offers Aakash shares to settle Qatar Holding's $235 million claim.
Gold and silver rates today in India, 2 September 2026. 24K gold trades at ₹150,930 per 10g and silver at ₹232,780 per kg, both extending losses for a third straight day. Check city wise rates and MCX data below.
Here's your daily dose of Indian startup funding roundup and key business news for 1 September 2026. Yuma Energy raises $35 million, Unacademy closes its acquisition by upGrad at $200 million, and MS Dhoni joins SpeakX's cap table.
Two chipmakers strengthen their relationship in AI data center technology with Nvidia planning to invest $3.5 billion in MediaTek. Nvidia will purchase convertible bonds that can be converted into MediaTek shares and MediaTek will utilise Nvidia technology.
Gold and silver rates today in India, 1 September 2026. 24K gold trades at ₹152,790 per 10g and silver at ₹235,760 per kg, both falling sharply as Comex slides further. Check city wise rates and MCX data below.
upGrad has finalised its acquisition of Unacademy for slightly over $200 million, down significantly from Unacademy’s highest valuation of $3.44 billion during the edtech bubble of the epidemic era. The acquisition comes after the Competition Commission of India greenlit the deal.
ChatGPT, Reddit and Roblox have been classed as “Very Large Online Platforms” by the European Union under the DSA, which places harsher safety, transparency and accountability rules on them. The designation refers to platforms with more than 45 million monthly active users in the EU.
Xavier Institute of Management, Bhubaneswar (XIMB) commenced the 8th edition of the Business Excellence Summit (BES) 2026, themed “Building Resilient Businesses - Navigating Risk to Shape A Sustainable Future.” The two-day summit brings together industry leaders, faculty, students and alumni to explore resilience, risk, technology and sustainable growth. The summit
OpenAI, the AI company, has attained a $1 billion annualised revenue run rate in its advertising business, a big milestone as the firm gears up for a potential IPO, and under pressure to justify its $852 billion valuation. ChatGPT ads are currently available in more than 40 countries.
Funding will scale xStep’s non-invasive neurorehabilitation platform for people with cerebral palsy, stroke, spinal cord injury and multiple sclerosis across India and beyond.
Sony Music and Warner Music sued Anthropic in federal court in California, saying the AI startup exploited copyrighted songs, lyrics and sheet music to train its Claude AI models. The publishers say Claude can reproduce copyrighted songs verbatim.
Kepler Aerospace, a Bengaluru-based space infrastructure and mission operations company, has raised $8 million in a seed round led by Blue Ashva Capital and co-led by Finvolve and India Accelerator, with participation from other investors. The round marks the company’s first external funding since its founding in 2018 and
Commercial traction and strategic investor backing to accelerate manufacturing, R&D and the next generation of indigenous power electronics products.
The fast-fashion giant, Shein, started trading on Hong Kong’s stock market on September 1 after a long IPO process, with its valuation falling to $26.5 billion from almost $100 billion in 2022, a report said. The Shein Hong Kong IPO comes amid additional US and EU tariffs.
With AI accelerating software development and enabling leaner engineering teams, Oppex AI is tackling the bottleneck that follows: managing and resolving issues once software is live.
Mumbai police have busted an alleged multi-crore food fraud involving tampering of manufacturing and expiry dates on packaged items of names like Lay’s, Kurkure, Maggi, Knorr, Hellmann’s, Thums Up and Limca.
Oracle employees are apparently ready for another wave of layoffs, with September 1 – the beginning of Oracle’s fiscal second quarter – being a likely target date for cuts. Teams are more on edge after surprise “6 AM” termination emails in March.
One funding round closed on 31 August 2026, in the indoor air-quality space. Info Edge Ventures led the round. The raise is YOGa Clean Air's INR 20 crore Series A round, with Zomato/Eternal founder Deepinder Goyal among the investors. Away from funding, Groww AMC closed a INR
Gold and silver rates today in India, 31 August 2026. 24K gold trades at ₹155,430 per 10g and silver at ₹242,320 per kg, with gold extending its fall from record highs. Check city wise rates and MCX data below.
Zomato has taken a zero-tolerance approach on imitation paneer and substitute dairy products, eliminating reported listings from the platform and urging eateries to verify ingredient labels. The action comes in the wake of increased scrutiny of fake paneer in India.