Fourteen Indian AI startups have raised $674 million (over ₹6,400 crore) in the first quarter of 2026, Financial Express reported, citing Tracxn's data. Out of these, Neysa, an AI cloud startup, raised $600 million at a valuation of $1.4 billion earlier this year. Other startups include Deccan AI, which raised $25 million and Portkey, which secured a $15 million fund.

UK-based Pulsar Fusion achieved world's first plasma ignition inside a nuclear fusion rocket engine, with its Sunbird exhaust test system. It will dock to a spacecraft in low-Earth orbit and then boost it to its destination. It'll eventually be able to transport a spacecraft with cargo up to 2,000 kg to Mars orbit within six months, the company said.

New-age Indian startups are adopting small language models (SLMs) to avoid high cloud costs and maintain data privacy, ET reported. These are lighter AI models better suited for fields such as healthcare, law, and finance. SLMs are compact and don't require high-end resources like cloud servers for training, making them ideal for functioning on local chips, servers and even smartphones.

Furniture rental platform Rentomojo Co-founder Ajay Nain has moved the National Company Law Tribunal (NCLT) to halt the startup's proposed IPO. Nain claimed he was misled into selling his around 9.41% stake in the startup in 2023. Rentomojo seeks to raise ₹150 crore through a fresh issue in IPO, alongside an offer for sale of around 2.83 crore shares.

E-commerce startup Zetwerk has confidentially filed for IPO to raise $450 million (over ₹4,200 crore), Moneycontrol reported, citing sources. It has appointed Kotak Mahindra Capital, JM Financial, Avendus Capital, and the Indian units of HSBC, Morgan Stanley, and Goldman Sachs as bankers for the IPO. The company also plans to raise about ₹500 crore pre-IPO at a $3 billion valuation.

The MP government, on Monday, will release the first instalment worth ₹28.6 lakh out of the ₹3.43 crore fund approved under the Madhya Pradesh Startup Policy and Implementation scheme. The financial assistance has been approved for 286 startups from 43 districts of the state. Additionally, more than 257 MSMEs will receive incentive assistance of over ₹169.57 crore from the government.

Civil Aviation Minister K Rammohan Naidu said that India's aviation sector is facing a bottleneck in the procurement of new aircraft. He added that while 1,700 new planes are on order, supply chain disruptions mean deliveries could take 15 years. The government plans to develop 50 airports in the next five years. India's 165th airport was recently inaugurated in Noida.

TVS Holdings on Saturday said that it has invested ₹526.79 crore in its subsidiary Home Credit India Finance (HCIFPL), taking its stake to 80.39%. The company said it has subscribed to and has been allotted 22,91,39,017 equity shares at the price of ₹22.99 per share. HCIFPL is a non-banking financial company that provides loans in the retail segment.

World's largest cryptocurrency bitcoin's options fell to $66,000 (about ₹62 lakh) after a steady run last week. This marks a 47.7% decline from the cryptocurrency's all-time high of $126,198, which it had hit in October 2025. Notably, bitcoin has held at $66,000 thrice in 2026 so far, with investors pushing it back up each time.

US pharma firm Eli Lilly has signed a $2.75-billion deal with biotech firm InSilico Medicine for the development of drugs using AI, the latter said. Under the deal, both companies will collaborate on multiple research and development programmes using InSilico’s Pharma.AI platform. InSilico Medicine is eligible for $115 million in upfront payment, along with tiered royalties on future sales.