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"For India, AI Means All Inclusive": PM Modi At VivaTech 2026 In Paris

Published on: June 18, 2026, 9:40 p.m. | Source: NDTV.com

Speaking at Europe's largest technology and startup event, PM Modi said India's technological progress over the past decade had been driven by innovation at scale and a commitment to ensuring that technology benefits all sections of society.

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L’Oreal to buy majority stake in Innovist in Rs 4,000-crore deal

Published on: June 18, 2026, 9:15 p.m. | Source: The Financial Express

Largest acquisition in Indian beauty startup space....

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Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e

Published on: June 18, 2026, 9:06 p.m. | Source: The Economic Times

Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering critical minerals and valuable materials from electronic waste. The company aims to scale its recycling operations, focusing on extracting precious and high-value components from end-of-life products. This move supports India's manufacturing future and reduces import dependence.

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Original investors may buy back Chinese-origin AI startup Manus that Meta purchased for $2 billion

Published on: June 18, 2026, 8:55 p.m. | Source: Times of India

Tech News News: The original Chinese backers of artificial intelligence (AI) startup Manus are planning to buy the company back from Facebook’s parent company, Meta, .

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Texas Rice University students raise $1.85 million to build drone network for life-saving medical deliveries. Here's how it works

Published on: June 18, 2026, 8:23 p.m. | Source: The Economic Times

Seven Rice University engineering students have launched Haast Autonomous, a startup poised to revolutionize medical logistics. Securing $1.85 million, they're developing a drone network for rapid, secure delivery of critical supplies between hospitals. Their innovative VTOL aircraft and integrated software aim to overcome delays, ensuring faster access to life-saving treatments when every second counts.

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Microsoft Edge to stop loading saved passwords, gets major security upgrade

Published on: June 18, 2026, 8 p.m. | Source: India TV News

In future Microsoft Edge browser updates, users will stop loading all saved passwords into memory at startup, reducing the risk of exposure if a device is compromised. The change comes after a security researcher highlighted the issue and criticized Microsoft's initial response.

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Petcare startup Vetic bags $40 mn in fresh funding

Published on: June 18, 2026, 7:55 p.m. | Source: Times of India

India Business News: MUMBAI: Pet-healthcare network Vetic has raised a fresh $40 million in funding led by Bessemer Venture Partners (BVP). Existing investors Greenoaks Ca.

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Meet Michael Truell: The 25-year-old CEO who sold his AI coding startup to SpaceX for $60 Bn

Published on: June 18, 2026, 7:52 p.m. | Source: The Financial Express

SpaceX announces a $60 billion acquisition of Cursor, an AI coding platform led by 25-year-old CEO Michael Truell, boosting xAI's capabilities and marking a new chapter in AI-driven software innovation. Here is all you need to know about the Cursor's CEO.

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PM Modi outlines India's AI vision at VivaTech 2026, rolls out red carpet for global tech players

Published on: June 18, 2026, 7:13 p.m. | Source: The Tribune

He said that the India pavilion shows the prowess of India's startup ecosystem. From world's first 3d printed rocket engine to advanced genetic engineering therapies and AI solutions that detect cancers and other critical diseases, the India pavilion is host to emerging technology.

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Innovist deal: early investors cash in big, founders pocket Rs 800

Published on: June 18, 2026, 7:09 p.m. | Source: The Economic Times

L'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, people familiar with the transaction told ET that the deal values the Gurugram-based startup at around Rs 4,000 crore.

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Karo Sambhav Gets ₹56 Cr From Rainmatter for Critical Raw Material Recovery

Published on: June 18, 2026, 6:58 p.m. | Source: Outlook Business

Karo Sambhav, a Gurugram-based circular economy startup, has raised ₹56 crore in Pre-Series A funding from Zerodha’s Rainmatter to scale critical raw material recovery from e-waste and other end-of-life products. Learn how its expanded recycling infrastructure, tech-enabled traceability and NCMM-backed projects aim to secure critical minerals for India’s electronics, clean energy and manufacturing sectors.

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India Should Address Structural Gaps in Startup Ecosystem To Attract Global Funds

Published on: June 18, 2026, 6:58 p.m. | Source: Deccan Chronicle

Experts say reforms, growth capital and frontier innovation are key to boosting AI funding.

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'Tension at 11 PM, pet reels at 11:15': Gurgaon woman shares challenges of building a startup after marrying co-founder

Published on: June 18, 2026, 6:20 p.m. | Source: Hindustan Times

Parul Sharma, the co-founder of Delhi-NCR-based creative and podcasting startup The BOSS Hub, recently married her co-founder, Sarthak Varshney. | Trending

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Pune-Based Startup Recello Prepares to Enter India's Smartphone Recommerce Space

Published on: June 18, 2026, 6:15 p.m. | Source: News18

Pune-Based Startup Recello Prepares to Enter India's Smartphone Recommerce Space

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Based Startup Recello Prepares to Enter India's Smartphone Recommerce Space

Published on: June 18, 2026, 6:13 p.m. | Source: The Tribune

New Delhi [India], June 18: In recent years, selling old smartphones online has become far more common among Indian consumers. Many users now upgrade their devices every couple of years, creating a growing market for buyback and refurbished smartphone platforms.

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Amazon Founder Jeff Bezos Says AI Will Cause Labour Shortages But Won't Replace Humans

Published on: June 18, 2026, 6:12 p.m. | Source: Republic World

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his ​space venture Blue Origin and his new AI startup Prometheus, which is aimed at speeding up physical manufacturing.

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Novyte, Chemvera Partner to Create India

Published on: June 18, 2026, 3:28 p.m. | Source: The Tribune

Mumbai (Maharashtra) [India], June 18: Novyte Materials, an AI-driven deep-tech startup building a chemistry-aware AI engine for materials discovery, and Chemvera Specialty Chemicals, an established global specialty-chemicals manufacturer, have entered into a manufacturing and royalty agreement to develop, manufacture, and commercialize a high-value specialty chemical for the polymer industry. It is a step toward India's sovereign capabilities in the advanced materials space. Novyte has also begun working with a growing roster of leading chemical and materials companies, including Manipal Specialty Chemicals, Primacy Industries and many more applying Novyte's platform to their materials and formulation challenges.

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'Getting land in Bengaluru more difficult than making satellites': Startup founder's tweet sparks Andhra-Karnataka investment war

Published on: June 18, 2026, 2:44 p.m. | Source: The Economic Times

A startup founder's frustration over land acquisition for a satellite factory near Bengaluru has ignited a fierce competition between Karnataka and Andhra Pradesh. Both states are actively wooing Pixxel, with Karnataka assuring support and Andhra Pradesh highlighting its investor-friendly initiatives and dedicated aerospace parks.

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L’Oreal to acquire majority stake in Innovist to expand presence in India’s booming beauty market

Published on: June 18, 2026, 2:38 p.m. | Source: The Financial Express

French beauty giant L'Oréal has agreed to acquire a majority stake in Indian personal care startup Innovist, strengthening its position in India's fast-growing beauty and skincare market. The deal will bring brands such as Bare Anatomy and Chemist at Play into L'Oréal's portfolio, subject to regulatory approvals.

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L’Oréal To Acquire Majority Stake In Innovist To Expand India Presence

Published on: June 18, 2026, 2:28 p.m. | Source: Free Press Journal

L’Oréal has signed an agreement to acquire a majority stake in Indian D2C personal care startup Innovist, marking a major expansion in the country’s beauty market. Innovist’s founders will remain involved, while its brands like Bare Anatomy and Chemist at Play will join L’Oréal’s consumer products portfolio

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AI verification startup Pramaana Labs bags $27 mn seed funding led by Khosla Ventures

Published on: June 18, 2026, 2:03 p.m. | Source: Business Today

The startup, founded by IIT Madras alumni Ranjan Rajagopalan, Krishnan Raghavan and Sanjay Ganapathy, develops technology that mathematically verifies AI-generated outputs, helping enterprises ensure that AI answers are correct.

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Saving lives in sky: Texas college students raise $1.85 million for medical cargo drone startup that can deliver life-saving supplies in minutes

Published on: June 18, 2026, 1:23 p.m. | Source: Times of India

US News: Seven Rice University students in Texas have turned a classroom project into a startup with ambitions to transform healthcare logistics. Their company.

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As NASA picks former Google CEO Eric Schmidt’s rocket company for Mars mission, some analysts see it as a 'risk'

Published on: June 18, 2026, 1:05 p.m. | Source: Times of India

Tech News News: NASA has tapped former Google CEO Eric Schmidt's rocket startup Relativity Space to launch an ambitious new Mars mission. The space agency said that i.

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L’Oréal buys control of Innovist as India beauty battle intensifies

Published on: June 18, 2026, 12:49 p.m. | Source: The Economic Times

L'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly expanding personal care market. Innovist, known for its science-led brands like Bare Anatomy, will continue to be run by its founders. This partnership aims to capture younger, digitally-savvy Indian consumers.

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Bengaluru ranks second in Asia for AI Innovation

Published on: June 18, 2026, 12:33 p.m. | Source: The Hindu Business Line

Bengaluru ranks second in Asia for AI innovation, solidifying its status as India's premier startup hub in 2026.

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India Showcases Startup Ecosystem, AI Leadership & Digital Growth at VivaTech 2026 In Paris | Video

Published on: June 18, 2026, 12:32 p.m. | Source: Free Press Journal

India is showcasing its startup ecosystem, expanding digital economy, deep-tech innovation, and artificial intelligence leadership at VivaTech 2026 in Paris, said Piyush Goyal. He highlighted the India Pavilion as a symbol of India’s innovation stature, reflecting strong India–France collaboration and engagement between startups, investors and policymakers.

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Who is Aman Sanger, the Indian origin founder whose AI startup SpaceX bought for $60 billion?

Published on: June 18, 2026, 11:10 a.m. | Source: Business Today

Before Cursor, Aman Sanger had stints at Bridgewater Associates and Google and ran an AI consultancy, but the real bet came in 2022 when the four launched Anysphere.

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Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh Asif

Published on: June 18, 2026, 11:02 a.m. | Source: The Economic Times

Two young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a popular AI coding assistant, was reportedly acquired by Elon Musk for $60 billion. This deal is expected to net each of them around $2.7 billion. Cursor, founded in 2022, has rapidly grown into a leading AI firm.

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Who Is Aman Sanger? Indian-Origin 25-Year-Old Becomes Billionaire After SpaceX’s $60 Billion AI Deal

Published on: June 18, 2026, 11 a.m. | Source: Mashable India

Indian-origin entrepreneur Aman Sanger’s net worth has surged to an estimated $5.5 billion after Elon Musk’s SpaceX secured an option to acquire AI startup Cursor in a landmark $60 billion deal.

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Who Was Joshua Baer? Austin Startup Champion and Tech Millionaire Dies in Texas Plane Crash

Published on: June 18, 2026, 10:56 a.m. | Source: Republic World

Tech millionaire and Capital Factory founder Joshua Baer, known as the godfather of Austin’s startup scene, has died at 50 after a private jet crashed during an emergency landing attempt in Laredo, Texas. Five passengers survived, but Baer’s death marks a major loss for the Austin tech community.

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Who Is Noam Shazeer? Gemini Co-Lead To Join OpenAI, Calls Exit A 'Difficult Decision'

Published on: June 18, 2026, 10:50 a.m. | Source: NDTV Profit

Shazeer first joined Google in 2000. He later left the company to lead Character.AI, a conversational AI startup he co-founded, before returning to Google in 2024.

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Who is Aman Sanger? Indian-origin MIT dropout whose AI startup Cursor is being acquired by SpaceX in a $60 billion deal

Published on: June 18, 2026, 9:56 a.m. | Source: Moneycontrol

The acquisition, announced this week, will see Cursor's parent company, Anysphere Inc., become a wholly owned subsidiary of SpaceX.

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AI startup Midjourney pivots to health with ultrasound machine

Published on: June 18, 2026, 9:33 a.m. | Source: The Hindu Business Line

AI startup Midjourney pivots to health with a groundbreaking full-body ultrasound machine, aiming to revolutionize personal medical diagnostics.

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Sharan Hegde backs creator startup Madhouse Mafia, acquires minority stakes

Published on: June 18, 2026, 8:55 a.m. | Source: Business Today

Founded by Rachit Arora, Supriya Ullengala, and Zeba Madni, Madhouse Mafia differentiates itself from traditional influencer agencies by focusing on creator development rather than merely brokering brand collaborations

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Kochi startup brings low-cost prosthetics within reach

Published on: June 18, 2026, 7:50 a.m. | Source: The New Indian Express

‘Angel Hand’ is a lightweight multi-articulated bionic arm weighing approximately 400g, making it one of the lighter options available in its category.

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Pet clinic chain Vetic secures $40 million to double clinic network across India

Published on: June 18, 2026, 6:05 a.m. | Source: Livemint

The startup will also use the funds to build an integrated digital platform with a focus on long-term customer retention, founder and chief executive Gaurav Ajmera told Mint.

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Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem value

Published on: June 18, 2026, 6 a.m. | Source: The Economic Times

Bengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 2025.

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Pet healthcare startup Vetic raises $40 million in funding led by Bessemer Venture Partners

Published on: June 18, 2026, 6 a.m. | Source: The Hindu Business Line

Founded in 2022 by Gaurav Ajmera, Vetic began after his own experience with his cat Simba, who needed 25-30 visits across five or six different vets just to receive the correct diagnosis

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Who is Aman Sanger? Indian-American MIT graduate whose AI startup could boost his net worth to $2.6 billion after Cursor's $60 billion SpaceX deal

Published on: June 17, 2026, 11:36 p.m. | Source: Times of India

US News: At just 25, Aman Sanger has gone from an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteo.

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Who is Michael Truell, the 25-year-old founder whose AI startup SpaceX acquired for $60 billion?

Published on: June 17, 2026, 10:20 p.m. | Source: Livemint

Cursor said its products are used by 64% of Fortune 500 companies, and that its tools write more than 100 million lines of code a day for enterprise customers.

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AI startup Pramaana Labs raises $27 million in seed funding led by Khosla Ventures

Published on: June 17, 2026, 9:28 p.m. | Source: The Economic Times

Pramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematically verifiable. The startup will use the new funding to train Pramaana's formalisation and proof-checking models, expand its AI research staff, and venture into regulated areas such as tax, medical diagnosis, cybersecurity and financial compliance.

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5.2 tops OpenAI’s GPT 5.5 model on key benchmarks

Published on: June 17, 2026, 9:09 p.m. | Source: The Economic Times

Chinese startup Z.ai has launched GLM-5.2, a powerful AI model for complex coding projects. This new large language model boasts a massive 1 million token context window, allowing it to handle extensive software development tasks. GLM-5.2 is available under an open-source license, offering an alternative to proprietary AI systems. It performs strongly on industry benchmarks, rivaling top closed-source models.

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India showcasing startup strength, digital growth and AI leadership at Viva Tech 2026: Piyush Goyal

Published on: June 17, 2026, 8:42 p.m. | Source: Lokmat Times

India showcasing startup strength, digital growth and AI leadership at Viva Tech 2026: Piyush Goyal - Paris/New Delhi, June 17 India is showcasing the strength of its vibrant startup ecosystem, rapidly expanding digital economy, ... Get Latest News on Business only on lokmattimes.com

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Bengaluru startup ecosystem valued at $153 billion, top 6 in Asia: Report

Published on: June 17, 2026, 8:27 p.m. | Source: The Hindu Business Line

Bengaluru's startup ecosystem is valued at $153 billion, ranking sixth in Asia and leading India in AI venture funding.

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AI Founders Behind Elon Musk's $60 Billion Cursor Deal

Published on: June 17, 2026, 7:19 p.m. | Source: NewsX

SpaceX has acquired AI coding startup Cursor in a $60 billion deal, making co-founders Aman Sanger and Sualeh Asif billionaires

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Why SpaceX is spending $60 billion to acquire AI coding startup Cursor

Published on: June 17, 2026, 7:03 p.m. | Source: The Indian Express

Besides providing access to a larger pool of enterprise customers, adding Cursor’s coding functionality could help xAI improve its own products.

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No billion dollar startup or fame. Hyderabad man shares his one ‘passion’ which caused him to leave high-paying Amazon job in viral video : 'I wanted to explore...'

Published on: June 17, 2026, 6:47 p.m. | Source: The Economic Times

An Instagram influencer shared a viral video of a former Amazon employee who left his tech job in 2014 to become a full-time Uber driver. The driver, who has completed nearly 23,600 trips, expressed his passion for driving, meeting new people, and exploring Hyderabad.

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Factory CEO gave every employee a $3,000 cooling mattress cover because ‘they will be sharper’ at work

Published on: June 17, 2026, 6:22 p.m. | Source: Times of India

US News: When the AI startup Factory had just 30 employees, chief executive Matan Grinberg made an unusual investment in his workforce. Instead of spending on .

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Meet Aman Sanger: MIT alumnus who learned coding at 14 and co-founded Cursor, the AI startup being acquired by Elon Musk's SpaceX for $60 billion

Published on: June 17, 2026, 6:17 p.m. | Source: Times of India

Elon Musk's SpaceX has been making headlines for the past few weeks for its much-awaited IPO that is set to make many people billionaires. As of now, .

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Cyber warfare firm Twenty valued at $1 billion in latest funding round

Published on: June 17, 2026, 5:31 p.m. | Source: The Economic Times

Cyber warfare startup Twenty has secured $100 million in a funding round. This investment values the company at $1 billion. Accel led the round, with Point72 Ventures and others participating. Twenty's total funding now stands at $138 million. The company, founded in 2024, develops AI-enabled cyber capabilities for the US military and intelligence community.

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AI will lead to labour shortages, Jeff Bezos says in optimistic talk

Published on: June 17, 2026, 5:04 p.m. | Source: The Economic Times

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new ‌AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people have "endless" things to ​do, and are currently limited by barriers that he ​said AI would lower.

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Samsung's latest AI feature is for your pets, it can detect health issues from a photo

Published on: June 17, 2026, 5:03 p.m. | Source: India Today

Samsung has announced an AI-powered pet care solution in partnership with startup Lifet. This will allow Galaxy users to detect potential health issues in their pets simply by taking a photo.

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How 'chull' led an IIT Kanpur graduate to leave a $300,000 job and build an AI startup

Published on: June 17, 2026, 4:59 p.m. | Source: The Economic Times

Sahil Dhull left a senior role at Cohesity due to a persistent urge to pursue an idea, launching AGI Interfaces. The venture is developing AI-powered glasses and a ring with proactive software agents, aiming to reduce smartphone dependence and evolve interaction models for a post-smartphone future.

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Korean food startup Gimi Michi raises $1 million led by IndiaQuotient

Published on: June 17, 2026, 3:31 p.m. | Source: The Economic Times

Founded by IIM Ahmedabad alumni Nishank Goyal, Akhil Kumar, and Bodhi Rathor, Gimi Michi is building a Korean food brand for the Indian market. The founders previously worked at companies like BCG, Mondelez, AB InBev, and Pluckk.

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Haircare startup Xtovia raises Rs 6.9 crore led by V3 Ventures

Published on: June 17, 2026, 3:28 p.m. | Source: The Economic Times

Founded in 2025 by entrepreneur Navneet Misra and Dr Tunga Madhu Babu, who heads research and development and holds a PhD from IIT Madras, Xtovia develops haircare products aimed at addressing structural hair damage.

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Who is Aman Sanger? Son of IIT Bombay alumnus sells startup Cursor to SpaceX for $60 billion

Published on: June 17, 2026, 2:45 p.m. | Source: Hindustan Times

Aman Sanger is the 25-year-old co-founder of Cursor — the San Francisco-based AI coding startup that has been acquired by SpaceX.

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U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources say

Published on: June 17, 2026, 1:51 p.m. | Source: The Economic Times

America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.

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EXCLUSIVE-US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

Published on: June 17, 2026, 1:48 p.m. | Source: Devdiscourse

The US has delayed adding China's AI startup DeepSeek and over 100 other companies to a trade blacklist, citing a desire to avoid escalating tensions with Beijing.

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US holds the 'ban list' that names the company whose low-cost AI model sent shockwaves across technology industry in January 2025

Published on: June 17, 2026, 1:38 p.m. | Source: Times of India

Tech News News: The United States has reportedly delayed adding Chinese AI startup DeepSeek to a trade blacklist, even though the company was approved for inclusion l.

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Egypt’s Startup Charter Offers Roadmap for Growth and Jobs

Published on: June 17, 2026, 1:29 p.m. | Source: Devdiscourse

Egypt’s startup ecosystem has expanded rapidly in recent years, with local startups attracting around $614 million in equity and debt financing during 2025.

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Just days after its IPO, SpaceX buys AI coding startup Cursor: 3 biggest things that made Elon Musk spending $60 billion on the company important

Published on: June 17, 2026, 1:16 p.m. | Source: Times of India

Tech News News: Elon Musk barely waited for the IPO confetti to settle. Days after taking SpaceX public in the largest stock market debut ever, his company confirmed .

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Startup founder reveals how she gets employees to office 5 days a week; internet erupts

Published on: June 17, 2026, 12:30 p.m. | Source: Times of India

Trending News: The battle over office work is no longer just about where employees sit. Increasingly, it is also about who should bear the cost of getting there.That.

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HCLTech bets big on sovereign AI with strategic investment in Sarvam AI

Published on: June 17, 2026, 11:49 a.m. | Source: The Economic Times

HCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enterprise AI adoption barriers through hybrid models combining private and frontier AI, while also capitalizing on the growing sovereign AI market in India and globally.

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Meet Michael Truell: The MIT dropout who founded $60 billion AI startup Cursor and struck a blockbuster SpaceX deal

Published on: June 17, 2026, 11:43 a.m. | Source: Times of India

Tech News News: At just 25, Michael Truell has emerged as one of the youngest billionaires in artificial intelligence. The New York native dropped out of the Massachu.

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Bengaluru ranked 2nd best AI-native cluster in Asia

Published on: June 17, 2026, 11:32 a.m. | Source: The Hindu

Bengaluru ranks 15th globally in startup ecosystems, excelling in R&D and performance.

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SpaceX Acquires AI Coding Startup Cursor In $60 Billion All-Stock Deal To Compete With OpenAI And Anthropic

Published on: June 17, 2026, 10:43 a.m. | Source: Free Press Journal

SpaceX, led by Elon Musk, has agreed to acquire AI coding startup Anysphere, the maker of Cursor, in a $60 billion all-stock deal. The move marks one of Silicon Valley’s biggest acquisitions and expands SpaceX’s push beyond aerospace into enterprise AI, leveraging Cursor’s developer data and growing user base.

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Meet Michael Truell, The 25-Year-Old CEO Whose AI Startup Was Acquired by SpaceX For $60 Billion

Published on: June 17, 2026, 9:09 a.m. | Source: NDTV.com

By bringing Cursor into the SpaceX ecosystem, Elon Musk gains access to one of the fastest-growing AI software platforms in the world.

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EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry

Published on: June 17, 2026, 8:10 a.m. | Source: The Financial Express

EV maker Rivian is laying off less than 2% of its workforce amid efforts to scale profitably. The cuts follow previous layoffs as Rivian launches its R2 SUV and faces a challenging US EV market.

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If you can’t beat ’em, join ’em: HCLTech charts new AI path with Sarvam stake

Published on: June 17, 2026, 6 a.m. | Source: Livemint

India's IT giants have so far tackled the automation threat through three main strategies. HCLTech’s $150-million bet on a specialized startup marks a distinct fourth path aimed at unlocking lucrative state contracts.

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Trackk enters broking as wealthtech startups chase Gen Z investors

Published on: June 17, 2026, 6 a.m. | Source: The Economic Times

Gen Z-focused wealthtech startup Trackk is now venturing into broking, offering equity and F&O trading. Shifting from its previous sub-broker role, the platform aims to build its own financial infrastructure to better serve its young user base. Trackk targets 500,000 accounts in the next year, focusing on first-time investors.

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US Holds Off Blacklisting China's DeepSeek, 100 Firms Deemed Security Risks

Published on: June 17, 2026, 5:32 a.m. | Source: NDTV.com

The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade

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A Few Hundred In 2016 To 2 Lakh In 2025: Tracking India's Startup Journey

Published on: June 16, 2026, 10:57 p.m. | Source: NDTV.com

Bharat Innovates 2026 received around 4,000 applications from deep-tech startups linked to higher education and technical institutions across India.

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Goyal Urges Investors, Corporates, And Venture Capital Funds In France To Invest In India Before It's 'Too Late'

Published on: June 16, 2026, 10:32 p.m. | Source: NDTV Profit

The government has announced a series of measures to promote the startup ecosystem in India.

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SpaceX to Acquire AI Coding Startup Cursor in $60 Billion All-Stock Deal

Published on: June 16, 2026, 10:09 p.m. | Source: Times Now

SpaceX has finalized a $60 billion all-stock agreement to acquire AI coding startup Cursor, significantly enhancing its AI capabilities amid competition from key players like Anthropic and OpenAI. , Companies, Times Now

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South Park Commons backed Maya Research wants to build a voice interface that speaks like a local

Published on: June 16, 2026, 9:50 p.m. | Source: The Economic Times

Maya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural contexts, aiming to serve the next four to five billion internet users. The startup, which raised $1.

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Piyush Goyal seeks startup ideas for deep tech push, calls Bharat Innovates 2026 a 'curtain

Published on: June 16, 2026, 9:23 p.m. | Source: The Tribune

Union Minister of Commerce and Industry Piyush Goyal asked the 3,000 shortlisted innovators at Bharat Innovates 2026 to send one-page notes with suggestions to improve India's deep tech ecosystem. Speaking at the valedictory session in Nice, he said the government will use the feedback to shape policy, industry linkages and free trade opportunities for startups.

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'Broke the manager's heart': Intern claims startup fired him after salary negotiation attempt

Published on: June 16, 2026, 9:02 p.m. | Source: Business Today

The AI engineer intern says he helped cut the company's costs by 95 per cent and bring in clients. But when he asked for a raise during a scheduled review, he claims the startup responded by ending his internship.

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Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansion

Published on: June 16, 2026, 8:21 p.m. | Source: The Economic Times

Bid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital to enhance its AI capabilities, including computer vision for analyzing technical drawings, and to expand its presence in the US market.

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Cybersecurity Startup Raises $66 Million To Give AI Agents Digital Identities. Here's What It Means

Published on: June 16, 2026, 7:55 p.m. | Source: NDTV.com

The investment was led by Cyberstarts, with participation from Index Ventures and Evolution Equity Partners, alongside notable angel investors.

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IIT Patna-backed AI platform creates 18,000 telecom jobs across country

Published on: June 16, 2026, 7:19 p.m. | Source: Times of India

IIT Patna TIH-incubated startup’s multilingual NLP platform, built with SCOGO Networks, supports 50 languages and helped create 18,000 telecom jobs.

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Swiggy cofounders pick up stake in India’s first space unicorn Skyroot

Published on: June 16, 2026, 7:07 p.m. | Source: Livemint

New Delhi: Three weeks after Hyderabad-based Skyroot Aerospace became India’s first space unicorn, the startup’s cap-table found two new stakeholders that, for the past 12 years, have been among the most familiar names of India’s startups ecosystem.

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SpaceX to buy AI coding startup Cursor for $60 billion to compete with Anthropic

Published on: June 16, 2026, 7:06 p.m. | Source: Times of India

Tech News News: Elon Musk’s SpaceX has expanded its footprint in the enterprise artificial intelligence (AI) market SpaceX announced on Tuesday that it will acquire A.

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‘I Don’t Want To Beg’: Intern Claims Startup Fired Her After Salary Negotiation; CEO Criticised Her Priorities

Published on: June 16, 2026, 7 p.m. | Source: News18

A startup intern claimed a WhatsApp message asking for a performance-based raise ended with an abrupt exit and an unexpected lecture from the CEO

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Techie called ‘money-minded’ by CEO for asking salary hike after cutting down AI costs by 95%. 'You broke the manager's heart'

Published on: June 16, 2026, 6:53 p.m. | Source: The Economic Times

A Reddit post by an AI engineering intern has gone viral after he claimed he was fired from a small startup shortly after requesting a salary hike that had allegedly been promised during onboarding. The student said he had helped build the company's AI infrastructure, reduced API costs by 95% and contributed to client acquisition, but his request for better pay was met with resistance. According to the post, the internship was later terminated due to a "mismatch in expectations," and the CEO reportedly called him "money-minded" and said he had "broke the manager's heart."

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International Business Summit & Awards 2026 Concludes Successfully in Jaipur; 150+ Entrepreneurs, MSMEs and Startup Founders Participate

Published on: June 16, 2026, 6:43 p.m. | Source: The Tribune

Jaipur (Rajasthan) [India], June 16: The International Business Summit & Awards 2026, organized by the Indian Council for Entrepreneurship & Innovation (ICEI), concluded successfully in Jaipur after three days of insightful discussions, startup pitching, networking, leadership sessions, and business recognition ceremonies. The summit brought together over 150 entrepreneurs, startup founders, MSME leaders, business owners, investors, professionals, and innovators from more than 15 states across India.

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SpaceX's $60 billion Cursor AI deal: What is Cursor AI and who are the founders?

Published on: June 16, 2026, 6:39 p.m. | Source: Hindustan Times

Cursor AI is a popular coding tool that helps developers write and fix code using AI. Learn what it does and who founded the startup.

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SpaceX to take over AI Startup Cursor in $60 billion deal following IPO

Published on: June 16, 2026, 6:38 p.m. | Source: Business Standard

SpaceX has sealed its $60 billion takeover of Cursor, strengthening Elon Musk's push to compete in the fast-growing AI coding market

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Sarvam AI Bullish On India's AI Talent But Flags Lack Of Experience In Building Frontier Models

Published on: June 16, 2026, 6:36 p.m. | Source: NDTV Profit

The startup, which focuses on developing AI models tailored for Indian languages and use cases, believes sovereign AI has become a strategic necessity.

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Fresh off blockbuster IPO, SpaceX moves to buy AI coding startup Cursor in $60 billion deal

Published on: June 16, 2026, 6:34 p.m. | Source: The Financial Express

Fresh off its IPO, SpaceX is acquiring AI coding startup Cursor for $60 billion, strengthening xAI's position in enterprise artificial intelligence.

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Lyne Originals launches Startup 87 power bank in India, priced at Rs 1,649

Published on: June 16, 2026, 3:29 p.m. | Source: Times of India

Mobiles & Tablets News: Lyne Originals has announced the launch of the Startup 87 Power Bank (PowerBox 29 Pro), the latest addition to its Startup Series portfolio. Priced at.

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AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise you

Published on: June 16, 2026, 3:28 p.m. | Source: The Economic Times

An AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. He believes superior rest sharpens minds, comparing engineers to athletes needing optimal recovery. This innovative approach aims to boost productivity by ensuring employees are well-rested and mentally sharp, fostering a healthier, more effective work environment.

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Intern who asked for a raise fired from startup, called 'money-minded' by CEO: ‘I won’t beg’

Published on: June 16, 2026, 1:49 p.m. | Source: Hindustan Times

An AI intern was fired after asking for a raise, despite building the startup's tech stack and cutting costs by 95%. | Trending

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Fintech wearable startup SEVEN launches 7 Ring Air for POS & Metro Payments, at just INR 1,477

Published on: June 16, 2026, 1:33 p.m. | Source: The Tribune

Mumbai (Maharashtra) [India], June 16: SEVEN announced the commercial launch of 7 Ring Air, a contactless payment ring now available at Rs 1,477, on April 19 that generated unexpectedly strong demand. The ring is designed to make everyday payments immediate and invisible, and the product is available for purchase now.

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NewCore raises $66 million to give AI agents digital identities, hits $300 million valuation

Published on: June 16, 2026, 1:32 p.m. | Source: Moneycontrol

Cybersecurity startup unveils platform to help companies manage, monitor and control AI workers as enterprises expand use of autonomous systems.

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Startup Founder's Strategy For Peak Productivity: Gift Employees Rs 3 Lakh Mattresses So They 'Sleep Better'

Published on: June 16, 2026, 12:59 p.m. | Source: NDTV.com

US AI startup CEO buys premium mattresses costing Rs 2.8 lakh to improve employee sleep and productivity.

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Insurtech startup Turtlemint sees strong growth opportunity in smaller cities as it heads for IPO

Published on: June 16, 2026, 12:39 p.m. | Source: CNBC TV18

Dhirendra Mahyavanshi, CMD and CEO of Turtlemint Fintech, is focusing on growth opportunities in B30 markets and aims to build a high-quality, technology-driven insurance distribution network across India.

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DeepSeek raises $7.4 billion at over $50 billion valuation, founder keeps control: Report

Published on: June 16, 2026, 12:04 p.m. | Source: Moneycontrol

DeepSeek’s first funding round reportedly values the Chinese AI startup above $50 billion, with investors routed through a structure that protects founder Liang Wenfeng’s control.

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Compunnel Launches AI Startup Incubator at Noida and New Jersey Facility, Invites Applications for Compunnel Ventures AI

Published on: June 16, 2026, 11:43 a.m. | Source: The Tribune

Noida (Uttar Pradesh) [India], June 16: Compunnel today announced the launch of an AI startup incubator at its Noida and New Jersey facilities, inviting applications from AI-native companies working on enterprise solutions. The initiative, operating under Compunnel Ventures AI (CVai), allocates dedicated space and comprehensive support for selected startups, furthering Compunnel's strategy of building an AI innovation ecosystem.

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What Is Sarvam AI? India’s Newest AI Unicorn After $234 Million Funding Led By HCLTech

Published on: June 16, 2026, 11:38 a.m. | Source: NewsX

What is Sarvam AI? Discover how the Bengaluru startup became India’s newest AI unicorn after a $234 million HCLTech-led funding round and why its sovereign AI vision matters.

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Google Trends: Meet 16-year-old Pranjali Awasthi, who built a Rs 100 crore AI startup

Published on: June 16, 2026, 11:28 a.m. | Source: The Financial Express

Indian-origin teen Pranjali Awasthi, founder of AI startup Delv.AI, is trending for her journey from coding prodigy to a CEO of a Rs 100 crore venture, inspiring young entrepreneurs globally with AI innovation.

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