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• 5,600 startups and counting: UAE leads GCC’s startup revolution

  The Gulf Cooperation Council nations are becoming tech hubs. The UAE leads with many startups and investments. Abu Dhabi, Dubai, and Sharjah are key areas. Oman is testing new financial technologies safely. Other Gulf countries are also building their tech sectors. The region offers opportunities for entrepreneurs and investors. Success depends on growing startups into strong businesses.

  

• udaan acquires retail-tech startup ShopKirana

  udaan, an eB2B platform, has acquired retail-tech startup ShopKirana, bringing Info Edge on board as a shareholder. This acquisition aims to strengthen udaan's leadership in Staples, FMCG, and HoReCa by integrating ShopKirana's retailer network and FMCG expertise.

  

• Hexaware Buys 2 SMC Squared Cos for $120 m

  

• Mumbai has most young entrepreneurs in India under age 30: Report

  The financial capital has emerged as the top city in India for young entrepreneurial talent, with 15 entrepreneurs featured in the 'Avendus Wealth - Hurun India U30 List 2025' launched on Thursday.

  

• India’s under-30 entrepreneurs raise $5.2 billion, lead 64,000 jobs: Hurun List

  Out of the 79 featured, 66 are self-made, reflecting a growing culture of independent innovation and enterprise, reported ET citing Avendus Wealth–Hurun report.

  

• Free AI training for 5.5 lakh village entrepreneurs: Ashwini Vaishnaw

  Speaking at an event to mark the 16th establishment day of CSCs, which have grown to become one of the world's largest digital service delivery networks, Vaishnaw said VLEs will be trained in the latest technological trends.

  

• Cybersecurity startup Deep Algorithm raises Rs 10.8 crore from Unicorn India Ventures

  The company, which focuses on fraud prevention in the finance sector, will use the fresh funds to scale engineering and threat intelligence teams, accelerate go-to-market activities in India and Southeast Asia, expand integrations with key enterprise platforms, and enhance its behavioural AI and fraud analytics engine.

  

• VC Firms Warming up to Quick-fashion Delivery Startups

  

• Piyush Goyal engages with deeptech startups to boost funding, infra, global market access

  Union Commerce and Industry Minister Piyush Goyal discussed ways to enhance access to funding, infrastructure support, regulatory facilitation, and global market linkages with the deeptech startups.

  

• IIT Bombay startup's new solar cell will be game-changer for India: Pralhad Joshi

  Mumbai, July 15 (IAN) Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday said IIT-Bombay-incubated startup - Advanced Renewable Tandem-Photovoltaics India (ART-PV India) has developed a 2-Terminal Monolithic Silicon/CdTe-Perovskite tandem solar cell with a conversion efficiency of 29.8 per cent, which is a game-changer for the country's solar energy future.

  

• OraSure Technologies received takeover bid from industry entrepreneur, sources say

  Ron Zwanziger has put forth an enticing all-cash bid to acquire OraSure Technologies, proposing a share price in the range of $3.50 to $4.00. Unfortunately for him, OraSure's board decided against any discussions regarding the offer.

  

• I want to fix Bengaluru’s traffic, says EaseMyTrip’s Prashant Pitti; commits Rs 1 crore to map choke points

  EaseMyTrip cofounder Prashant Pitti pledged Rs 1 crore to develop an AI-powered system to identify Bengaluru’s traffic choke points. Prompted by personal experience, the initiative aims to use Google Maps, satellite data, and machine learning to map congestion zones. Pitti seeks official support and public collaboration to implement the solution.

  

• Insurtech startup Plum commits Rs 200 crore to expand healthcare vertical

  Plum has committed Rs 200 crore to expand its healthcare vertical beyond group insurance, focusing on preventive and digital health services. The startup will invest in talent, tech infrastructure, and partnerships. With over 100,000 teleconsultations in 2024, Plum aims for healthcare to contribute 30–40% of future B2B revenue.

  

• VC funds flow into AI, but only to a few

  While the numbers suggest that the AI investment wave is far from slowing, market observers have cautioned over the increasing concentration of capital in a small group of companies—largely American.

  

• Tesla's India Debut: From Paytm's Vijay Shekhar Sharma to GOQii's Vishal Gondal, the entrepreneurs who dreamt of this day

  Tesla makes its long-awaited India debut with its first showroom in Mumbai, fulfilling the dream of early backers like Paytm’s Vijay Shekhar Sharma and GOQii’s Vishal Gondal, who booked their Model 3s in 2016. While manufacturing isn't on the cards yet, Tesla aims to test the market amid renewed government support for EV imports.

  

• Govt launches portal to collect 10k startup ideas

  

• Gautam Adani urges entrepreneurs to build India’s first AI-powered spinal diagnostic platform

  He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai.

  

• Fintech startups tap GenAI to transform customer-facing operations

  Large banks spend heavily on running contact centres or backend support teams with human agents to service their clients.

  

• IPOs lead India's 2024 startup exit wave, but M&As likely to catch up

  Indian startup exits in 2024 were dominated by IPOs, accounting for 68% of PE-VC exits due to high public market valuations. However, a shift is expected in the next 6-12 months towards a balance between IPOs, secondaries, and M&As as public market corrections and liquidity pressures increase.

  

• Valley accelerator YC hitting brakes on Indian startups

  Under the leadership of OpenAI founder Sam Altman, during the 2014-19 period, YC began to double down on India intakes.