Former OpenAI product manager Angela Jiang launches Worktrace AI with Mira Murati’s backing to bring memory-based AI automation for enterprises worldwide.
OrbitAID Aerospace has secured the Indo-Australian MAITRI grant to build and deploy India’s first in-orbit docking and refueling system, the SIDRP. The 2026 mission will mark a milestone in India’s private space technology, extending satellite life and strengthening the country’s presence in orbital servicing and sustainability.
A new startup, Supermemory, founded by 20-year-old Dhravya Shah from Mumbai, has raised $3 million in seed funding. The round was led by Susa Ventures, Browder Capital, and SF1.vc with participation from Google AI’s Jeff Dean and DeepMind’s Logan Kilpatrick. Supermemory is building a memory engine that helps AI systems remember past interactions.
Vedantu has raised $11 million from its current investors, which is a significant boost for the edtech unicorn. Having gone cash flow positive in FY25 with collections worth ₹284 crore, the company is now looking at expansion to tier-II and tier-III cities and investments in AI-driven learning. Having IPO plans on the horizon, this funding is an indication of high investor confidence in the growth story of Vedantu.
Zappfresh, the D2C meat and seafood delivery platform of DSM Fresh Foods, has raised ₹16.8 crore from anchor investors ahead of its listing on the Indian Stock Exchanges through an IPO. The company will raise ₹59.65 crore via BSE SME listings, and it said it will deploy the proceeds raised towards working capital and for marketing and business growth. This pre-IPO investment is an indicator of positive market sentiment in the growth opportunity of Zappfresh as well as in the space which it enjoys in the online fresh food delivery business in India.
Anthropic, the fast-rising AI startup behind Claude, is scaling globally at record speed. India is central to its plans. With usage already making India its second-largest market, the company is set to hire leadership and expand teams locally while tripling its global workforce and growing its applied AI division fivefold this year.
Simple Energy, the Bengaluru-based EV startup, is preparing for its IPO while planning massive growth by 2029. Known for its long-range electric scooters and charging network, the company is expanding factories, building in-house battery packs, and aiming for one million units per year. Backed by strong demand and India’s EV push, Simple Energy is ready to lead the electric two-wheeler revolution.
Kapiva is the D2C Ayurveda brand from India that has made a bold move recently. The company secured $60 million in funding in a Series D round. This money will support research, manufacturing, marketing, and expanding Kapiva’s reach beyond India. Along with current backers including Vertex Ventures Southeast Asia and 3one4 Capital, 360 ONE Asset and Vertex Growth are leading
Indian startup Chakr Innovation, a venture by IIT Delhi alumni, has raised $23 million in Series C funding headed by Iron Pillar, along with participation from SBI Capital Ventures, ONGC, IAN, and Inflexor. The startup, recognized for its emission-control devices and clean-energy solutions, will use the funds to increase manufacturing capacity, bolster R&D, and create alternative energy storage technologies. This raise is a major milestone for India’s deep-tech and clean-tech innovation.
Hyderabad-based prop-tech startup Fracspace began in 2022 with only ₹60,000. Founded by Unnath Reddy, the company introduced a co-ownership real estate model that has already grown into a ₹30 crore success. By offering affordable entry into property investment and managing assets end-to-end, Fracspace has created trust among middle-class investors and gained recognition worldwide.
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