From a Hyderabad startup developing a pocket-sized, non-invasive metabolic health device, to how Indian startup founders are taking wealth public, YourStory brings you today’s headlines with the latest developments across sectors.
Featured stories
Sunil Maddikatla (Founder & CEO), Srini Chandupatla (Chief Strategy Officer), and Roshan Gupta (Chief Revenue Officer), the leadership team building EYVA’s non-invasive metabolic health device from India.
This Hyderabad startup is simplifying metabolic health
Across India, millions want to take charge of their health, yet most still depend on bulky diagnostic machines, confusing reports, and delayed consultations. Even with everyday issues such as fluctuating energy levels, rising blood pressure, or unexplained headaches, people rarely know what is actually happening in their bodies.
“People alienate their health because everything around it is super-complicated,” says Sunil Maddikatla, Co-founder, Eyva.
This startup helps businesses adopt AI models and software
Startups are struggling to keep up with AI’s rapid changes, with countless new tools and models constantly emerging. Many businesses find it hard to identify the right solutions that can help them scale effectively.
Meanwhile, most tech solutions companies still charge their clients by the hour, paying for time instead of results. Aditya Chhabra and Priyanshi Tater were working in tech and design, respectively, when they identified this as an outdated model that doesn’t scale and reflect the real value delivered.
How Volks Energie carved its space in India’s energy EPC market
Delhi-based Volks Energie was founded in 2011 by two college friends with a shared vision for clean energy. Today, that vision is driving projects across India—from Baramulla in the north to Kanyakumari in the south, and from Jaisalmer in the west to Imphal in the east.
Founded by chemical engineering graduates Piyush Goyal and Arjun Rathi, the company has now grown into one of India’s most formidable engineering-driven energy companies built without any external funding.
Insights
How India’s startup founders are beating old money
India’s wealth story is undergoing a quiet but decisive reset. For decades, wealth was inherited, protected, and quietly compounded within a cluster of influential business families. But not anymore.
The IDFC FIRST Private Banking & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2025 list makes one thing amply clear: India’s economic centre of gravity is no longer anchored only in inherited capital, legacy conglomerates, or slow-compounding businesses. It is increasingly being shaped by founders who have built fast, digital, consumer-facing, and scalable businesses in this millennium.
Latest news
Speciale Invest to raise Rs 1,400 Cr for Growth Fund II
Venture capital firm Speciale Invest is launching a new investment vehicle that will look to invest in Series A and later rounds—a shift from the firm’s focus on pre-seed and seed-stage bets. The deep-tech focused firm is looking to line up a target corpus of Rs 1,400 crore.
Speciale Invest will look to write cheques between $5 million and $8 million, with about 30%-40% of the total corpus allocated for follow-on investments.
Kae Capital to raise new $100M fund to back seed-stage startups
Early-stage venture capital firm Kae Capital is raising its fourth fund with a target corpus of $100 million, a source familiar with the matter told YourStory.
The firm will allot a majority of the new fund to back seed-stage startups, with a portion of it reserved for follow-ons. While the firm will continue to focus on sectors including business-to-business (B2B), fintech and consumer, the new fund will also look to back startups working in automation, physical AI, deeptech and manufacturing, the source told YourStory.
Google pushes Gemini forward with a faster, cheaper model
Tech giant Google has launched Gemini 3 Flash, said to be a faster and more economical member of its Gemini 3 family.
According to the company, the AI model blends high-end reasoning with low latency which developers and consumers expect from Flash variants.
The model is being rolled out across Google products, including the Gemini app and AI Mode in Search, as well as to developers through Gemini API, Google AI Studio and Vertex AI.
Amazon brings AI, chip and quantum teams under Peter DeSantis
Andy Jassy, Amazon’s chief executive, has announced a significant reshuffle of the company’s technical leadership that places long-time executive Peter DeSantis in charge of an expanded AI remit covering foundation models, custom chips and quantum research.
In a message posted on the company blog, Jassy said he had asked DeSantis to lead a new organisation responsible for Amazon’s most expansive AI models, including the Nova family, its silicon efforts such as Graviton and Trainium, and quantum computing.
Funding news
WorkIndia secures Rs 97 Cr in Series B funding
WorkIndia, a Bengaluru-founded recruitment platform for blue and grey collar workers, has secured Rs 97 crore in a Series B round led by Aavishkaar Capital.
WorkIndia said the funds will be directed towards strengthening its technology stack, refining how it matches employers with candidates, expanding its presence in regions with strong hiring demand and developing new product capabilities.
Oben Electric raises Rs 85 Cr in pre-Series B round
Indian electric motorcycle maker Oben Electric raised Rs 85 crore in a pre-Series B funding round, as it looks to expand its retail footprint and accelerate new product launches.
The round included participation from Indian American family offices such as Raj K Soin, Musa Dakri and Ramesh Bhutada, along with existing investors.
Gambit Cyber secures $3.4M seed round
Gambit Cyber has secured $3.4 million in a seed funding round led by Expeditions, with participation from Bitdefender Voyager Ventures.
The funding will be used for product development, international expansion and partnerships.
Gambit Cyber’s AI-based platform, KnightGuard, is designed to identify, validate and reduce cyber risks by assessing which exposures are exploitable.
KnightGuard has early enterprise and managed security services customers in financial services, telecoms and critical infrastructure in India, the UAE and Europe.
Magma raises additional $3M in Series A funding
Magma has closed its Series A funding round at $8 million, following a $3 million extension to the $5 million raised in April 2025.
The extension includes $1.2 million from Capria Ventures and Avinya Ventures, $1.3 million from GVFL Ltd, the Gujarat government’s venture arm, and $0.5 million from AVNM Ventures. Magma has raised $11.3 million to date, including $3.3 million in seed funding.
Magma develops industrial operations software and services for factories and contract manufacturers in India, working primarily with mid-market manufacturers.
The funds will be used to expand operations in Gujarat, Maharashtra, Karnataka, Rajasthan and Telangana, strengthen its manufacturing network, scale its TerraMag materials business, and expand Magma Green, its recycling and waste-management platform.
CuePilot AI secured $1.8M to bring voice-first AI into preschools
CuePilot AI, a voice-based platform for preschools and daycares, has secured $1.8 million in a pre-seed round led by Ronnie Screwvala of Unilazer Ventures and upGrad, with participation from Eximius Ventures and Titan Capital.
The funding will be used to develop its AI systems, add integrations and support market expansion in India, the Middle East, South-East Asia and the US.
CuePilot provides a preschool management system that automates administrative tasks using voice-enabled AI to convert teacher inputs into records, progress updates and operational data.
The platform is used by more than 130 schools in India and South-East Asia. The company plans to expand to additional markets, including the United States.
Theia Ventures leads Rs 4.15 Cr pre-seed round in Novyte Materials
Theia Ventures has led a Rs 4.15 crore pre-seed investment in Novyte Materials, an AI-based materials discovery company. The round also included participation from Sandesh Paturi (Venwiz) and Niharika Jain (Chemvera). The funding will be used to develop Novyte’s AI platform and run early pilot projects focused on collaborative materials discovery.
Novyte uses AI-driven, physics-based simulations to design, validate and reverse-engineer materials, reducing R&D timelines and early-stage physical testing. Its approach supports applications in composites, aerospace, advanced manufacturing and specialty chemicals.
The company combines laboratory experimentation with computational modelling, working directly with R&D teams to link testing with commercial deployment. Novyte is incubated at ICT-NICE, the innovation hub of the Institute of Chemical Technology, Mumbai, and is building its own R&D and synthesis facilities.
Initially, Novyte will work with specialty chemicals, polymers, paints, adhesives and coatings manufacturers seeking alternative materials with improved properties.
Other news
Bijliride partners with BGauss to scale electric two-wheeler rental ops
Bijliride, a two-wheeler electric vehicle rental platform, has entered into a partnership with electric two-wheeler manufacturer BGauss to support its expansion in Indian cities.
Under the agreement, BGauss will supply electric scooters for Bijliride’s rental and enterprise fleet. Bijliride plans to add 7,000 vehicles to its existing fleet of 3,000, taking the total to 10,000 electric two-wheelers by December 2026.
In the first phase, operations will expand to Hyderabad, followed by Mumbai, Bengaluru and Delhi NCR. Bijliride plans to operate in more than ten cities by the end of next year, serving both business and consumer rental segments.
Thyrocare appoints Dr Ramesh Kinha as Chief Operating Officer
Thyrocare Technologies Limited has appointed Dr Ramesh Kinha as Chief Operating Officer.
Dr Kinha has over 17 years’ experience in healthcare diagnostics. He will oversee laboratory operations and quality standards across Thyrocare’s network.
Previously, he was Group Director – Laboratory Services at Vijaya Diagnostic Centre Limited, and has held senior roles at Apollo Health & Lifestyle, Medall Healthcare, Metropolis Healthcare and SRL.
Dr Kinha holds an MBBS and an MD in Pathology, has completed management programmes at IIM Nagpur and the Indian School of Business, and is a certified NABL assessor.
Powerplay sees strong demand for its tech platform
Construction management platform Powerplay said 40,000 construction companies are using its platform to digitise on-site operations. It said over 20,000 site engineers and supervisors actively use the platform daily across 85,000 plus projects.
Nearly 40% of active projects now come from tier-2 and tier-3 cities, highlighting rising digital adoption beyond metros, the company said. Powerplay’s SOP-driven workflows, spanning planning, execution, billing, and quality control, reduce schedule overruns, material waste, and rework.
Elior Group appoints Ashwani Vohra as India MD
Elior Group has appointed Ashwani Vohra as Managing Director of Elior India. With over 25 years of leadership experience across food services, retail, and hospitality, he will lead the company’s growth strategy and operational excellence in India.
Elior Group Chairman and CEO Daniel Derichebourg said the appointment strengthens the group’s ambitions in the Indian market. Elior operates in 11 countries globally and reported €6.15 billion in revenue in FY25.
Scaler, IIM Tiruchirappalli partner for AI-focused management programmes
Tech education platform Scaler has signed an MoU with IIM Tiruchirappalli to jointly develop management and business programmes aligned with AI-driven workplaces. The partnership combines IIM Trichy’s academic depth with Scaler’s industry-focused, applied learning model.
Scaler has committed Rs 50 crore over two years to expand management education offerings, including curriculum development and faculty collaboration, as demand grows for leaders skilled in both business and technology.
Tally Solutions launches TallyPrime 7.0
Tally Solutions has launched TallyPrime Release 7.0, marking five years of the TallyPrime platform. The latest release introduces deeper banking integrations with SBI and Axis Bank, automated invoice workflows via Bharat Connect, and enhanced data security through upgraded TallyDrive encryption.
Managing Director Tejas Goenka said the release reflects Tally’s focus on “connected digitisation without complexity” for MSMEs. TallyPrime 7.0 is available to all customers with active licenses.
LoveLocal launches new service delivery
Hyperlocal e-commerce platform LoveLocal has launched its 6-Star Experience Campaign, introducing a concierge-style doorstep delivery aimed at improving customer experience and last-mile reliability. The initiative marks the company’s move to bring delivery operations in-house, giving it greater control over service quality, speed, and order accuracy.
As part of the campaign, delivery partners will wear pink uniforms, and new customers will receive curated goodies and a welcome gift with their first order. LoveLocal currently offers two-hour delivery across Mumbai through 820+ digitised neighbourhood stores, with a strong focus on freshness-led categories such as fruits, vegetables, and meat.
(This article will be updated with the latest news throughout the day.)
