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Microsoft will integrate advanced AI features into e-Shram and National Career Service (NCS), platforms of Labour Ministry to streamline benefits to informal workers.

Wakefits Rs 1,288 crore IPO was subscribed 2.52 times, driven by strong retail demand and moderate institutional interest. The company had raised Rs 580 crore from anchor investors ahead of the issue, which is priced at Rs 185195 per share.

Fund I has so far backed 17 startups and is expected to close with up to 25 companies. Investments include CIMware, Comminent, Matel, EMO, Hydgen, Dynolt and Promethean, spanning various parts of the energy-transition ecosystem.

Gaurav Munjal has confirmed that Unacademy is in talks for potential mergers and acquisitions, and is open to consolidation if it results in a stronger combined entity, reflecting a wider shakeout across the edtech sector.

Smart Joules will use the new funds to expand its energy efficiency and cooling operations into newer sectors and large-scale projects.

The Ministry of Finance, responding to a question in the Rajya Sabha, disclosed that over 55,000 cases of fake invoicing and ITC fraud have been detected between FY23 and the current year, with tax authorities flagging more than Rs 1.61 lakh crore in suspect transactions.

The round also saw repeat participation from early backers Kae Capital and Boundless Ventures, both doubling down as KNOT accelerates expansion beyond Mumbai.

In a landmark development for Indias technology landscape, IIT Bombay has officially launched BharatGen Technology Foundation a homegrown AI

The offering, which has been launched in partnership with ONDC Network, has gone live in the city today with driver partners fulfilling grocery deliveries for brands such as Zepto and KPN Farm Fresh.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Heres the roundup for Wednesday, December 10, 2025.

At PhonePe, policies, culture, community, and conscious leadership are shaping a workplace where every employee feels seen, supported, and able to thrive. At PhonePe, inclusion isnt a program or seasonal initiative; its part of how the company works, collaborates, and shows up for its employee

IIT Bombay has taken a major step toward strengthening Indias innovation landscape with the launch of the Y-Point Venture Capital Fund

Union Minister Dr Jitendra Singh, Minister of State (Independent Charge) for Science & Technology and Earth Sciences, inaugurated

After a decade-long startup journey, Meesho marked a milestone with its IPO on Wednesday. Shares of the newly-listed company were trading at a 45% premium to its issue price, taking its total market cap to Rs 72,751 crore.

After making CNC machines, San Francisco-based startup Orangewood Labs pivoted to making affordable robotic arms that manufacturers and factory owners can afford and deploy.

Since launch, the IAN Alpha Fund has backed 1012 startups, several of them led by first-time founders operating across Indias Tier II and III cities.

Founded in 2019 by Saurav Kumar Singh and Nikhil Rawat, Elecbits provides design, prototyping, manufacturing and quality control services on a single platform.

The investment will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth, and creating jobs.

The stock opened at Rs 161.20 per share on the BSE, signalling sustained investor appetite for Meeshos Bharat-focused ecommerce model.

The company plans to use the capital to expand inward payment collection capabilities across more than 20 countries, secure regulatory licences in overseas markets, and build out card acceptance, compliance automation and developer APIs.

Swiggy shareholders cleared a Rs 10,000-crore QIP. Pronto's on-demand household services platform helps with tasks like cleaning and meal prep. Laws offer clear, enforceable tools to ensure safety and dignity for women in all spheres of life.

SuperBryn will be using the freshly raised funds to speed up its product development, expand its engineering hiring, and deepen market validation with early enterprise customers across industries.

The other firms cleared to launch IPOs are Molbio Diagnostics, backed by Temasek and Motilal Oswal Private Equity; Foodlink F&B Holdings (India), a catering and food retail chain; and Technocraft Ventures, a wastewater treatment solutions provider.

Backed by SEBI approval, the Rs 250 crore fund will target AI, advanced manufacturing, space, defence, cleantech, and other high-impact research sectors.

The investment by Microsoft will be spread across building cloud & AI infrastructure, skilling initiatives and ongoing operations

Get 40% off Salesforces Sales, Marketing, and Service Cloud to run your business on one AI-driven platform. Automate workflows, turn data into insights, and boost productivity. With fast-track implementation, you can go live in two weeks and scale smarter at lower cost.

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Bharat Taxi is a new government-backed, cooperative ride-hailing app in India. According to Namma Yatris co-founder and COO, Shan M S, the service is being piloted in Delhi and Gujarat.

Rajasthan DigiFest X TiE Global Summit 2026 is building a bridge between technology and creativity through film, gaming, art, and storytelling.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Heres the roundup for Tuesday, December 9, 2025.

With Blinkit parent Eternal sitting on over Rs 18,000 crore in cash, Swiggy moves to bulk up its reserves to stay competitive in the capital-heavy race for speed, scale and customer frequency.

Apples fitness and wellness platform, Fitness+, is set for its biggest global rollout yet, allowing users access to the services 12 workout types.

Pronto is an on-demand household services platform for tasks like cleaning and meal prep. By providing training, benefits, and stable income to its workforce, the startup says it is building a win-win model for both households and professionals.

The revenue foregone from individual tax incentives climbed 42% over four years, from Rs 1.55 lakh crore in FY20 to Rs 2.21 lakh crore in FY24, according to data released by Ministry of Finance.

PW clocked a profit of Rs 69.7 crore, compared with Rs 41.1 crore a year ago. This is particularly surprising, since it clocked a loss of Rs 127 crore in the June quarter.

The firm will look to invest between Rs 8 crore and Rs 24 crore across 15 to 18 companies. It has already invested in six companies, with sports infrastructure company Michezo Sports being one of its most recent bets.

PhysicsWallah also approved investments of up to Rs 469.9 crore in four wholly-owned subsidiaries.

The partnership between Tata and Intel explores manufacturing, packaging, and AI compute enablement to bolster Indias semiconductor ecosystem

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, December 8, 2025.

The new facility will house the Institute for Inventing the Future, the School of AI & Computer Science, and several specialised laboratories.

Despite operating a smaller fleet of 198 aircraft as of April 14, 2025, Air India employs a larger pool of 6,350 pilots, representing around 45% of pilots working across major airlines.

Often called punitive by traders, a 1% TDS is levied on the sale, transfer, and spending of virtual digital assets, applying to all transactions where the income is taxable in India, including those involving offshore platforms.

Shastra VC, an early-stage venture capital firm, has launched what it calls Indias first venture capitalled deep-tech fellowship, aimed at converting academic research into venture-ready startups. The programme, called SDEX, offers equity-free funding of up to $100,000 per fellow and targets res

Bengaluru-based Enterprise Communications startup Fyno is building a central communication layer to solve fragmentation in BFSI messaging.

Pickleball courts multiplied, micro-dramas went big, snacking bulked on protein, and diamonds manufactured in labs, India upgraded its consumer behaviour in 2025 and built industries around it.

At TechSparks 2025, industry leaders revealed how enterprises are building scalable, secure GenAI systems that deliver real business value.

The Chiratae Sonic DeepTech program will invest up to $2 million from Seed to Series A stage startups.

Nova Dairy, the consumer-facing arm of Sterling Agro Industries Ltd., has grown from a modest retail setup in Old Delhi to one of the prominent private-sector entities with integrated supply chains and modern processing facilities.

India has transitioned from a traditional economy to an innovation-driven powerhouse and is now shaping global technology trends

Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said that mentorship, early handholding