Breaking startup & business news from India.
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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Discover 10 failed brands in India and learn why even well-known companies like Kingfisher Airlines, Chevrolet, Walmart, and eBay couldn't succeed. Explore the key mistakes, business lessons, and reasons behind their failure in the Indian market.
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.
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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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Discover the story behind Red Bull's famous "Gives You Wiiings" slogan, the $13 million false advertising lawsuit, why the brand changed its tagline, and how clever marketing helped Red Bull become one of the world's leading energy drink brands.
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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Looking for the best beer in India? Compare 22 popular beer brands by price, taste, alcohol content, variants, and country of origin in one guide.
🗞️ 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
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.
🗞️ 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
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.
Fintech dominated the day's business news, with lending unicorn Moneyview clearing SEBI's final hurdle for its IPO and supply chain financier Mynd Fintech acquiring C2FO India. On the funding side, the day was quiet, with a single disclosed round in the fragrance and lifestyle segment. Culture-led
India has given a two-year exemption to four Chinese-linked power equipment manufacturers – TBEA Energy, Nanjing Electric India, New Northeast Electric India and Taikai Electric (India) – to bid for major government power transmission projects.
Reports of misuse of Chinese applications BAT BMS and Epoch Li-ion to remotely disable e-rickshaws in Delhi led the Centre to direct their removal from Google Play and Apple’s App Store. Bluetooth-enabled battery management apps can shut down lithium-ion batteries.
Microsoft has announced the formation of Microsoft Frontier Company, a new operational entity supported by a $2.5 billion investment that will assist companies adopt AI solutions suited to their needs. The company will collaborate with big clients including Unilever and Novo Nordisk.
Gold price today, 3 July 2026: 24K gold jumped 1.57% to ₹1,48,460 per 10g and silver surged 2.31% to ₹2,38,730 per kg after weak US jobs data reduced fears of a Fed rate hike. Check city wise rates and MCX data.
Parle Products, which owns brands like Parle-G, Monaco, KrackJack and Melody, is reportedly planning a $1 billion (INR 9,530 crore) IPO that could value the company at over $10.5 billion (INR 1 lakh crore). The Mumbai-based FMCG major has brought on board top investment banks.
Resilience Actions, the social and environmental impact initiative of Re (Re Sustainability), has launched ECOHUB, a sustainability-focused incubator designed to support early-stage enterprises working in climate and clean-tech, pollution management, resource efficiency, circular economy, and sustainability innovation. The initiative is aimed at startups that have progressed beyond the ideation stage
HCLTech has won a $1.14 billion AI-led transformation agreement from a Fortune Global 50 company headquartered in Europe, one of the largest transactions disclosed by an Indian IT services company so far this year.
ITC has launched a premium sugar-free drink under its B Natural brand in India’s cola segment, adding to the competition in the carbonated drinks segment. As consumers look for healthier choices, the company is focusing on the fast-growing segment of drinks with no or minimal sugar.
Former PepsiCo Chairman and CEO Indra Nooyi has set off a nationwide debate after saying that America's meritocratic system was the only reason she could rise to lead one of the world's largest companies, adding that it could not have happened in any other country, including
Google lost its last-ditch appeal against the European Union’s €4.1 billion ($4.7 billion) antitrust penalties, with the European Court of Justice confirming the penalty for anti-competitive actions relating to Android.
Capital on 2 July 2026 favoured climate tech, eldercare and specialty chemicals, with five startup rounds tracked. Battery recycler BatX Energies led the day with a ₹105 crore Series A, while eldercare firm Age Care Labs closed the first tranche of its Series B at ₹85 crore. In IPO news,
Standard Chartered has completed India’s first cross-border payment in a record time of 37 seconds through Swift’s new retail payments service, marking a significant milestone in international remittances. The transaction was completed in near real-time with end-to-end tracking.
Carlsberg has filed draft documents with the market regulator for an IPO of its India business, intending to generate as much as $700 million (about 6,600 crore) through a possible secondary share sale later this year. The Danish brewer is collaborating with top investment banks for the sale.
The Ministry of Labour and Employment has notified the Employees’ Provident Fund (EPF) Scheme, 2026, replacing the EPF Scheme, 1952, which is six decades old, under the Code on Social Security, 2020.
Gold price today, 2 July 2026: 24K gold rose 1.30% to ₹1,44,810 per 10g and silver climbed 0.77% to ₹2,30,530 per kg on short covering. Check city wise rates and MCX data.
ZEE has approved a capital infusion of Rs 3,143.52 crore through preferential sale of fully convertible warrants to promoter group firm Sunbright Mauritius Investments Ltd. The warrants are priced at INR 126 apiece and are convertible into equity shares within 18 months.
Tulon Materials Private Limited, an R&D-led engineering high-performance, sustainable specialty chemicals, has raised ₹10 crore in a seed funding round led by investor Karthik Sundar Iyer, with participation from Karan Goshar and Prakhar Pandey (Partners at Valour Capital, a venture fund investing in defence, aerospace, deep tech, and
The Adani Group and Abu Dhabi’s International Holding Company (IHC) will spend $11.5bn in a new integrated aluminium manufacturing complex in Odisha, which may boost India’s aluminium production capacity by about 50%. The project will involve refining and smelting activities.
WhatsApp has said that its new username feature that will allow users to talk without providing phone numbers isn’t operational yet, and will be rolled out gradually later this year with various safety safeguards. This explanation comes after a government notice to Meta.
This article has been shared by Ashok Thombre, Advisor, Focus Academy India is at a pivotal moment of its development trajectory. It is a big world with a large population base and is one of the fastest-growing major economies, and we have a lot of opportunities before us. However, we
Nine funding rounds closed on 1 July 2026, spanning lab-grown diamonds, fintech infrastructure, nutrition, clean energy, and enterprise AI — with Limelight Diamonds' ₹275 crore strategic round topping the day's deals. Ananta Capital's ₹100 crore majority acquisition of D2C deodorant brand Phitku and Dovetail Capital'
Gold price today, 1 July 2026: 24K gold fell to ₹1,42,170 per 10g and silver dropped to ₹2,25,330 per kg as Comex gold slipped below $4,000 on a stronger dollar. Check city wise rates and MCX data.
StarlinePS Enterprises has invested ₹160 crore in Celloraa Energy to establish a 1.2 GW DCR-compliant solar cell manufacturing facility in Surat, Gujarat. The investment aims to strengthen India's domestic solar manufacturing ecosystem and support the country's clean energy ambitions.
Funding to accelerate product innovation, strengthen DSW's North American presence, and help enterprises transition from AI experimentation to AI-native operations.
Bengaluru-based supplement brand Supply6 has closed an INR 48 crore funding round led by Unilever Ventures, the venture and growth capital arm of Unilever, with participation from Zeropearl VC.
Dovetail Capital, India's leading independent asset-servicing firm, has raised INR 100 crore in a mix of primary and secondary, in a ‘Series A’ round from Elev8 Venture Partners. This is the first institutional capital raised since the firm was founded in 2017. Dovetail Capital will use the proceeds
Spense secures $2.8 million seed round funding led by Arkam Ventures to build asset-backed credit infrastructure for Indian banks. The Bengaluru startup powers over 2 lakh active cards and grew revenue 256% in FY25.
The Expenditure Finance Committee of the Finance Ministry has granted INR 1.25 lakh crore for India Semiconductor Mission 2.0, subject to final approval of the Cabinet. The extended initiative is aimed at boosting the semiconductor ecosystem in India.
Digital lending platform Fibe's parent company, Social Worth Technologies Ltd, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), taking the first formal step towards its initial public offering (IPO). The filing was made on 29 June 2026, with details
Here's your daily funding and key business news roundup for June 30, 2026: Tuesday closed out the month with consumer and enterprise SaaS deals, as cookware brand The Indus Valley raised $17 million led by Gaja Capital and agentic AI platform Kapture CX closed a $10 million pre-Series
The parent of Oyo, Prism Hotels and Resorts, has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for an INR 6,650 crore IPO containing only a fresh issue of shares, without any offer-for-sale component.
Delhi Cabinet has adopted a new Electric Vehicle (EV) Policy with an outlay of INR 15,000 crore to promote sustainable transportation and reduce pollution. The program provides incentives for purchase and scrapping of electric two-wheelers, three-wheelers and commercial vehicles.
Tata Electronics has been hit by a massive data leak that’s revealed crucial information regarding Apple’s future iPhone 18 Pro, including a list of suppliers, component specs and photos of the product. The data allegedly include private documents connecting suppliers to major iPhone parts.
Gold price today, 30 June 2026: MCX gold fell ₹1,650 to ₹1,40,750 per 10g. Silver price dropped below ₹2,18,600 per kg on weak global cues and rate hike fears. Check city wise rates.
The fourth edition of the summit will host founders, investors, MSME owners and policymakers at The Leela Ambience Convention Hotel on 25th July.
Adani Ports and Special Economic Zone (APSEZ) has signed an agreement to divest a 49% stake in Adani Vizhinjam Port Private Limited to Terminal Investment Limited (TiL), the port investment arm of the MSC Group, for $1.397 billion.
Ford has brought back around 350 veteran engineers after its artificial intelligence-powered quality control systems failed to meet expectations. The carmaker said artificial intelligence could not replace the experience and know-how of veteran engineers.