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02/10/2026

🚗💰 Uber Invests Another $10 Million in Carrum Mobility!

Global ride-hailing giant Uber is doubling down on India's fleet management startup CARRUM Mobility, investing another $10 million (approximately ₹96 crore) as part of its Series B funding round. 🚀

📊 Key Highlights:

🔹 Uber's latest $10 million investment follows its $7 million investment in January 2026.

🔹 Founded in 2024 by Karan Jain, Carrum focuses on CNG and electric vehicle fleet management.

🔹 Manages 5,000+ vehicles across six cities.

🔹 Has onboarded 18,000+ driver partners.

🔹 Reports an annualised revenue run rate of around ₹400 crore.

🔹 Plans to expand into Chennai and support Uber Black's growth across India.

💡 The fresh capital will help Carrum Mobility Solutions Pvt Ltd strengthen its fleet, technology, and operations as India's mobility and ride-hailing ecosystem continues to evolve.

📖 Read More: [Insert your article link here]

01/10/2026

🏠 RentoMojo IPO Update! 🚀

RentoMojo has raised nearly ₹376.1 Cr from 41 anchor investors ahead of its IPO, which opens for subscription on September 9. 📈

The furniture and appliance rental platform allotted 93.1 lakh shares at ₹404 apiece, the upper end of its IPO price band.

💰 Key Highlights:

₹376.1 Cr raised from anchor investors

41 anchor investors participated

Domestic mutual funds picked up shares worth ₹244.1 Cr

IPO includes a ₹150 Cr fresh issue + OFS of up to 2.7 Cr shares

Expected valuation: nearly ₹4,206 Cr

FY26 revenue: ₹387 Cr, up 45.5% YoY

Founded in 2014 by Geetansh Bamania and Ajay Nain, RentoMojo is gearing up for its public-market debut as India's rental economy continues to evolve.

👉 Follow the latest startup, IPO and business updates!

Company: RentoMojo

RentoMojo

30/09/2026

📦 Shiprocket Q1 FY27: Revenue Up 34%, Losses Narrow 24%

Shiprocket is showing signs of improving financial performance! 🚀

The logistics and e-commerce enablement company reported ₹592.1 Cr in operating revenue, up 34% YoY, while its net loss narrowed 24% to ₹13.7 Cr.

📈 Adjusted EBITDA jumped nearly 9X to ₹8.9 Cr
🚚 Core business revenue grew 22% to ₹411.7 Cr
⚡ Emerging business revenue surged 70% to ₹180.4 Cr
🤖 Shiprocket is also expanding its AI offerings with AI Ads, AI Assist and AI Calling for merchants.

The latest numbers highlight Shiprocket’s push toward stronger profitability while expanding its technology and AI-led offerings.

29/09/2026

🧠 **Deepinder Goyal’s Temple Gets Early Validation for Its ‘Brain Flow’ Wearable**

Temple, the wearable technology startup founded by **Deepinder Goyal**, has released its first validation study for its proprietary **Brain Flow** metric.

The study found that Temple’s wearable broadly tracked changes in cerebral blood-flow velocity measured using TCD ultrasound. The research involved **23 healthy adults**, with results showing a median within-subject correlation of around **0.8** across two controlled activities.

However, the findings are still preliminary. The study is currently a **preprint awaiting peer review** and does not establish that Temple can measure absolute brain blood flow or diagnose medical conditions.

🔬 More research using different measurement techniques and larger participant groups will be needed to further validate the technology.

👉 **Read the full story:**
[Founder Magazine – Full Story](https://foundermagazine.in/deepinder-goyal-temple-brain-flow-wearable-validation-study/?utm_source=chatgpt.com)

💼 **Follow FOUNDER Magazine on LinkedIn:**
[FOUNDER Magazine on LinkedIn](https://in.linkedin.com/company/foundermagazine?utm_source=chatgpt.com)

28/09/2026

📈 Upstox brings US stock investing to Indian investors! 🇺🇸📊

Indian investors can now access 8,000+ US-listed stocks and 2,000+ ETFs through Upstox, including global companies such as Apple, Tesla, Amazon and Alphabet.

The platform also supports fractional investing starting from $1, making it possible to invest in US stocks without purchasing a full share. The service operates through GIFT City and follows the applicable RBI Liberalised Remittance Scheme (LRS) framework.

The move marks another step in the growing availability of global investment opportunities for Indian investors.

🔗 Company:

🔗 Co-founders: Ravi Kumar, Kavitha Subramanian & Shrini Viswanath

🔗 LinkedIn: https://www.linkedin.com/company/upstox/

👉 Read More :- https://businessmatters.in/upstox-launches-us-stock-investing-in-india/

27/09/2026

🐾 Lickicious Petfood Raises ₹19 Cr to Fuel Its Pet Food Ambitions! 🚀

D2C pet food startup Lickicious Petfood has raised ₹19 crore ($2.1 million) in a mix of equity and institutional debt, led by Prath Ventures.

The fresh funding will help the company build a 60,000 sq ft manufacturing and distribution facility, while investing in R&D, supply chain, branding and commercial expansion.

The startup also plans to expand its product portfolio, enter new pet segments and strengthen its online and offline presence as it targets ₹100 crore in annual revenue. 📈🐶🐱

👉 Read more: https://businessmatters.in/lickicious-petfood-raises-%e2%82%b919-cr-to-expand/

26/09/2026

🚀 Pixxel Raises $100 Million in India’s Biggest Spacetech Funding Round! 🇮🇳🛰️

Indian spacetech startup Pixxel has raised $100 million (₹945 crore) in Series C funding, co-led by Temasek and Seraphim.

The latest round takes Pixxel’s total funding to $195 million, with 360 ONE Asset and IMM Investment joining the company’s existing investors.

Founded in 2019, Pixxel is building the future of Earth observation and satellite intelligence with its Firefly hyperspectral satellites, upcoming Honeybee constellation, and Aurora Earth intelligence platform.

The company plans to use the fresh capital to expand satellite manufacturing, strengthen sensing capabilities, and scale production at its Bengaluru facility, which can manufacture up to 40 satellites annually. 🌍🛰️

👉 Read More: https://businessmatters.in/pixxel-raises-100-million-in-indias-biggest-spacetech/

25/09/2026

🤖♻️ AI is transforming the future of waste-to-energy!

Swiss deeptech startup Jaipur Robotics has raised €4.3 million (₹48 crore) in a seed funding round co-led by EquityPitcher Ventures and High-Tech Gründerfonds.

The startup uses AI-powered computer vision to detect hazardous and oversized objects in waste piles before they reach furnaces. With its technology already deployed across 35+ facilities in Europe, Jaipur Robotics is now gearing up for further expansion, including plans to establish a legal entity in India by the end of 2026.

The company will use the fresh funding to scale product development, expand sales and build advanced crane automation capabilities.

👉 Read the full story :- https://businessmatters.in/jaipur-robotics-raises-e4-3-million-to-bring-ai-powered/

24/09/2026

🤖 TCS’ ₹70,000 Crore AI Infrastructure Bet! 🇮🇳

Tata Consultancy Services (TCS) is gearing up for a massive expansion in India’s AI infrastructure with plans for a 1 GW AI data centre campus in Hyderabad. 🚀

The ₹70,000 crore project, led by TCS subsidiary HyperVault and its partners, will span around 264 acres and feature high-density, liquid-cooled computing designed to support frontier AI companies and hyperscalers.

🌱 Green energy
💧 Water-neutral designs
⚡ 1 GW computing capacity
👨‍💻 Thousands of direct & indirect jobs

With companies like HCLTech, L&T, Adani Group and Reliance also expanding their AI and data-centre investments, India’s AI infrastructure landscape is entering a major growth phase.

👉 Read More:- https://businessmatters.in/tcs-plans-%e2%82%b970000-crore-ai-data-centre/

23/09/2026

🎮 KRAFTON Doubles Down on India with a Fresh $250 Million Investment! 🇮🇳🚀

South Korean gaming giant KRAFTON, the company behind BGMI, plans to invest an additional $250 million (₹3,300 crore) in Indian startups over the next three to four years. The fresh investment will expand KRAFTON’s focus beyond gaming into AI, robotics, deeptech and emerging technologies.

With this new commitment, KRAFTON’s planned direct investment in India will reach around $500 million. The company has already backed several Indian startups and businesses, including NODWIN Gaming, Loco and Pratilipi, and has strengthened its gaming presence through Nautilus Mobile.

👉 Read More & Discover the Full Story

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