Startups

In Nice, Modi and French President Emmanuel Macron will jointly inaugurate Bharat Innovates 2026.

Updated : Jun 12, 2026

From Nice to Paris, PM Modi's France visit puts India's deeptech ambitions in focus at Bharat Innovates and VivaTech

From Bharat Innovates in Nice to VivaTech in Paris, Modi’s France visit will spotlight India’s push to position itself as a deeptech builder, not just a digital market.

"India's AI opportunity will not be defined only by the largest models. It will also be defined by the most efficient models," said Sravanth Aluru, CEO and co-founder of Avataar.

Updated : Jun 12, 2026

Peak XV-backed Avataar launches indigenous video model Varya, bets on low-cost AI video generation

Varya can generate video at a cost of about Rs 0.48 per second, making it up to 10 times more efficient than several leading global video models based on its internal benchmarks.

Exponent Energy founder and chief executive Arun Vinayak.

Updated : Jun 10, 2026

Exponent Energy bags Rs 200 crore funding as it pivots from charging startup to energy company

In an interview with Business Today, Vinayak said the company is transitioning from being an energy technology startup focused on R&D to a full-fledged energy company focused on scale.

The CEO revealed that he uses OpenAI’s Codex to write emails on his behalf.

Updated : Jun 1, 2026

This startup CEO spent $13,000 AI bill on OpenAI’s Codex in a single month

Dan Shipper, CEO of Every, recalled the spend as the highest AI bill he has paid. He said, “I got some side eye from our COO, Brandon Gell, on that one.”

CVS Kiran, co-founder and chief executive officer of Red Balloon Aerospace.

Updated : May 27, 2026

Red Balloon Aerospace tests near-space platform for telecom, disaster monitoring applications

With the launch, India joins the US, France, Japan and China in developing indigenous stratospheric hydrogen balloon systems.

Ashish Kumar also said he would continue overseeing the existing portfolio of Fundamentum’s earlier funds alongside building F2A.

Updated : May 26, 2026

Fundamentum's Ashish Kumar launches F2A with Rs 3,000 crore war chest to back AI, deeptech startups

Former SIDBI Venture Capital senior investment executive Debraj Banerjee has joined the platform as General Partner. The platform is backed by a mix of institutional and individual investors, including Infosys co-founder Nandan Nilekani, who has come on board as the anchor investor.

The goal of the test is to collect flight data that will help AnduraX develop its guidance, navigation and control systems, along with precision landing capabilities for its reusable re-entry vehicle, ARES.

Updated : May 26, 2026

AnduraX to conduct India’s first high-altitude drop test for reusable spaceplane

The test, called ADM-01 (ARES Drop Mission 1), is scheduled for the first week of June. The company plans to carry an experimental vehicle to an altitude of 25,000 metres using a high-altitude balloon before releasing it in near-stratospheric conditions.

Updated : May 25, 2026

Yes Madam raises Rs 50 crore in funding from Info Edge Growth Fund

The company said it plans to use the fresh capital to accelerate city expansion, deepen investments in technology and improve customer experience while maintaining profitability and operational discipline.

Updated : May 25, 2026

Pronto defends AI camera pilot after privacy backlash; rivals Urban Company, Snabbit distance themselves

Pronto operates a platform connecting households with domestic workers for services such as cleaning, laundry, mopping, utensil washing and bathroom cleaning.

Updated : May 22, 2026

‘They were creating problems that didn’t exist’: Why Bolt fired its entire HR team

“We had an HR team and that HR team was creating problems that didn’t exist,” Bolt CEO Ryan Breslow said. “Those problems disappeared when I let them go.”

ClickUp CEO said "If you create outsized impact using AI, you'll be paid outside of traditional bands."

Updated : May 22, 2026

‘People who automate jobs with AI will always have a job’: Productivity Startup ClickUp cuts 22% of its workforce

ClickUp said the workforce reduction reflects a broader shift toward how companies can operate more efficiently with smaller teams of skilled employees managing AI systems and agents.

The layoffs come months after Intuit signed multi-year agreements with OpenAI and Anthropic to integrate AI models into its software ecosystem.

Updated : May 21, 2026

Intuit to cut 3,000 jobs as AI push reshapes operations

The company informed employees through an internal memo that the restructuring is designed to improve execution and streamline product delivery as it ramps up investments in AI across its platform.

Updated : May 21, 2026

Scapia raises $63 million led by General Catalyst to scale AI-first travel fintech platform

The startup said the new capital will be used to expand its customer base across India and strengthen its AI-first product and organisational strategy.

Updated : May 21, 2026

Deepinder Goyal’s wearable startup Temple ties up with Zetwerk, Ethereal Machines for production scale-up

Temple is initially targeting production of a few thousand units and plans to cater to both Indian and overseas markets, including the United States.

Startups

From Nice to Paris, PM Modi's France visit puts India's deeptech ambitions in focus at Bharat Innovates and VivaTech

Peak XV-backed Avataar launches indigenous video model Varya, bets on low-cost AI video generation

Exponent Energy bags Rs 200 crore funding as it pivots from charging startup to energy company

This startup CEO spent $13,000 AI bill on OpenAI’s Codex in a single month

Red Balloon Aerospace tests near-space platform for telecom, disaster monitoring applications

Fundamentum's Ashish Kumar launches F2A with Rs 3,000 crore war chest to back AI, deeptech startups

AnduraX to conduct India’s first high-altitude drop test for reusable spaceplane

Yes Madam raises Rs 50 crore in funding from Info Edge Growth Fund

Pronto defends AI camera pilot after privacy backlash; rivals Urban Company, Snabbit distance themselves

‘They were creating problems that didn’t exist’: Why Bolt fired its entire HR team

‘People who automate jobs with AI will always have a job’: Productivity Startup ClickUp cuts 22% of its workforce

Intuit to cut 3,000 jobs as AI push reshapes operations

Scapia raises $63 million led by General Catalyst to scale AI-first travel fintech platform

Deepinder Goyal’s wearable startup Temple ties up with Zetwerk, Ethereal Machines for production scale-up

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