Spacetech startup Agnikul Cosmos has raised $17 million (over ₹150 crore) at a valuation of about $500 million (roughly ₹4,500 crore). The round saw participation from investors, including Advenza Global, Atharva Green Ecotech, HDFC Bank, Artha Select Fund, 100X VC and several family offices. The IIT-Madras-incubated startup designs and manufactures orbital-class launch vehicles.

Startup Blink Digital's Co-Founder Rikki Agarwal has revealed he has left Mumbai to live in Bangkok after thinking, saying, "Not for tax breaks...I wanted to live better." He claimed India has everything to build a business, but not to live well. He added that now he has "air he can breathe without checking AQI and food that's actually fresh".

Maruti Suzuki has purchased a 7.84% stake in mobility startup Ravity for nearly ₹2 crore. This investment, made through the Maruti Suzuki Innovation Fund, aims to boost connected vehicle technologies and improve customer experience using data insights. Ravity has been working with the company since 2019, and this funding strengthens their long-term partnership.

AI startup Sierra has reached $100 million in yearly revenue in under two years, a rare achievement in today’s tough tech market. The milestone shows that big businesses are not just testing AI anymore, they are paying real money for tools that work. Sierra’s fast growth highlights a shift from AI hype to real, trusted business use.

Pibit.AI, an Indian startup improving how insurance companies check risks, has raised $7 million in Series A funding led by Stellaris Venture Partners. Its platform, CURE, helps underwriters work faster using trusted, human-controlled AI that analyzes documents and risks. With this funding, Pibit.AI plans to expand its tech, team, and reach across the insurance industry.

SEBI has prohibited mutual funds from investing in pre-initial public offering share placements but has allowed them to participate in anchor rounds, PTI reported. This move aims to boost liquidity and enhance transparency in the valuation of companies going for IPO. Earlier, SEBI amended rules to revamp the share-allocation framework for anchor investors in maiden public offerings.

A US-based bankruptcy court has ordered BYJU Founder Byju Raveendran to pay over $1.07 billion in a default judgment after ruling that he willfully concealed funds from the company's financing arm Alpha. This comes after Raveendran repeatedly failed to appear in court and present the documents. Alpha was incorporated in Delaware to manage a loan from global lenders.

AI research startup Redrob has raised $10 million in Series A funding led by Korea Investment Partners, boosting its total to $14 million. The company plans to build low-cost AI infrastructure, create language models for all 22 Indian languages, and offer a free LLM to universities by 2026. Redrob also aims to support businesses with accessible AI tools.

Sophrosyne Technologies, a Bengaluru deep-tech semiconductor startup, has raised US$ 2 million in a seed round led by Bluehill VC. The funds will help it move from prototype silicon to production, grow its design and firmware teams, and support early OEM deployments. It is building a low-power biosensing SoC for wearables.

Yann LeCun, who joined Meta as founding director of FAIR (Facebook AI Research), confirmed he'll be exiting Meta after 12 years. He said, "The creation of FAIR is my proudest non-technical accomplishment." He added, "I'm creating a startup company to continue Advanced Machine Intelligence research programme I've been pursuing over last several years with colleagues at FAIR, NYU, and beyond."