Apple’s FY26 Snapshot, Flipkart’s Foodtech Foray & More
Apple India posted record FY26 growth with net profit rising 66% and revenue growing 31.4%, while expanding production and services beyond smartphones.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Apple India posted record FY26 growth with net profit rising 66% and revenue growing 31.4%, while expanding production and services beyond smartphones.
Opinion piece arguing that building India's deep-tech enterprise ecosystem requires mentorship, industry partnerships, regulatory support, and IP protection beyond capital alone.
ASI, an AI infrastructure software startup modeling air traffic and energy grids, raised $325 million in Series C funding, achieving a $3 billion valuation.
Hunar.AI raises Rs 40 crore Series A led by Blume Ventures; Jio Platforms' IPO draws Rs 2.5 lakh crore in anchor bids; Cognizant-Google expand AI partnership.
SpaceX's stock gained over 8% after reporting strong third-quarter earnings driven by momentum in its artificial intelligence business.
Arda Industries, an AI software startup for factories, launched with $232 million in Series A funding led by Accel, Altimeter, Founders Fund, and Khosla Ventures.
Indian IT services companies are pursuing $20M–$60M outbound acquisitions in the US and Europe to gain access to AI talent, data engineering capabilities, and new client bases.
OpenAI acquired drug development software startup Orchestra Bio to integrate AI agents into pharmaceutical development workflows within its Rosalind life sciences division.
Otter.ai, an AI meeting assistant platform, secured $320 million in funding from General Catalyst's Customer Value Fund to accelerate sales and marketing.
Elon Musk stated that merging SpaceX and Tesla would be beneficial, though final approval depends on shareholder support from both companies.
Starling founder Anne Boden reportedly sold her final stake in the fintech company at a £1.7bn valuation.
Salesforce is acquiring marketing automation company Braze for $5.66 billion, valuing it at $47.50 per share, a 58% premium over the last closing price.
Apple's recent acquisitions, including Samplab, focus on expanding Apple Creator Studio, indicating a strategic investment in creator-focused tools.
Eric Schmidt holds roughly half the stake in Anthropic that CEO Dario Amodei does, according to reports.
Autonomous flight startup Reliable Robotics raised $115 million, pushing its valuation above $1 billion, and is opening a radar research hub near Seattle.
Travel platform ixigo is pursuing hotels as its fourth growth engine after trains, flights, and buses; hotel revenue grew sixfold to ₹8.1 Cr in Q2 FY27 with 2.6x GTV growth year-over-year.
Amazon plans to hire over 300,000 seasonal and permanent workers this holiday season, marking its largest hiring increase on record as other retailers cut back due to automation and economic uncertainty.
Cellbox Solutions, a German warm-chain logistics company, completed its €5 million Series A financing round to expand its platform for transporting sensitive biological materials.