Startupstag

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upGrad's ₹1,955cr all-stock acquisition of Unacademy nears completion in 3 weeks, with institutional & angel investors signing agreements. CCI-cleared deal includes Airlearn; Gaurav Munjal stays as CEO.

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Cursor launches "Cursor Start" at ₹649/month for India—cheaper than Pro's $20/month. Includes Composer 2.5, Grok 4.5, cloud agents & MCP support, minus frontier models. India is now Cursor's 3rd-largest market.

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SNITCH acquires women's western wear label Berrylush, marking its first move beyond menswear. Combines SNITCH's supply chain expertise with Berrylush's decade-long brand equity. Comes after SNITCH's revenue hit ₹900cr in FY26, a year post its $40M Series B round.

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Meta launches Seller app for frequent Facebook Marketplace sellers, offering AI-assisted listings, bulk publishing & unified buyer inbox. Syncs automatically with existing Marketplace accounts. Part of broader update including ID verification & immersive video.
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Karnataka partners with Anthropic to integrate AI into governance. Home Minister Priyank Kharge announces two working groups to identify AI use cases across administration & education. Also exploring Claude Certification programs for students & professionals.

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Lightning struck China's Long March 3B rocket ~30 seconds after liftoff from Xichang, carrying the Tianlian II-06 data relay satellite. Despite the strike, the launch continued successfully, placing the satellite into geostationary transfer orbit.

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NeuralKart raises ₹2.35cr seed led by Inflection Point Ventures for AI insurtech platforms InsureMind & FieldSense—automating underwriting, claims & flagging industrial safety risks via computer vision. Founded 2024, boasts 100% customer retention since inception.

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Bioscan Research raises $1M seed led by Unicorn India Ventures for CEREBO—a non-invasive brain injury detection device using near-infrared spectroscopy & ML. Founded in 2017, the startup saw 5X growth last year and targets 3X growth ahead.

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30 Sundays raises ₹61cr led by Bessemer Venture Partners, with Info Edge Ventures & Eximius participating. The AI-native platform automates itinerary planning for outbound travel, hitting ₹200cr annualized GBV run rate.

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Raghu Vamsi Aerospace Group raises $40M Series B co-led by Norwest & Skegen, with Ashish Kacholia participating. Funds expansion across India, UK & US. Supplies precision components to GE Aerospace, Pratt & Whitney & Honeywell.

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Mandrake Bio raises ₹16cr pre-seed co-led by Activate & Antler, with angels like Vijay Chandru & Paras Chopra. Founded 2025, the startup uses generative AI to design custom gene editing enzymes—unlike CRISPR-Cas9—for agri & medical applications.
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Apple's Back to School sale in India runs through Aug 27, offering education pricing on MacBook, iPad & Apple Watch plus free AirPods/AirTags on select purchases. Highlights: MacBook Air (M5) from ₹137,900, MacBook Neo from ₹69,900, iPad Pro from ₹127,900.
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Ahmedabad's KuhlTherm raises $1.1M seed led by Arkam Ventures for precision liquid cooling tech. Builds direct-to-chip systems, immersion cooling & proprietary NexusFlow OS platform. Targets AI/GPU workloads outpacing air cooling limits.
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SwitchOn raises $8M pre-Series B led by IvyCap Ventures for AI-powered quality inspection using computer vision. Flagship platform DeepInspect runs across 170+ production lines in 60+ facilities on 4 continents.
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Emergent becomes a unicorn with $130M Series C led by Creaegis, valued at $1.5B—5X growth in just 4 months. Founded by Mukund & Madhav Jha in 2025, it lets non-coders build apps via autonomous AI agents. India's 3rd AI unicorn & 7th overall in 2026.
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E3 https://t.co/iwnR01JVWI raises ₹100cr Series A led by BluVenture Holdings ahead of E3 TRION launch. Founded by P. Sanjeev in 2024, the startup builds AI-powered electric scooters with predictive diagnostics & connected vehicle tech.
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Vimag Labs secures 5th Indian patent for its Virtual Magnet Synchronous Motor (VMSM)—delivering rare earth-free motor performance via real-time software control. IP portfolio now includes 5 granted patents, 10 pending & 15 trademarks.
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NASA astronaut Dr. Anil Menon, with roots in Kerala's Palakkad, launches aboard Soyuz MS-29 to ISS alongside Roscosmos cosmonauts. Begins 8-month mission researching space bioprinting, ultrasound diagnostics & blood flow.
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NABARD, NSDC & MSDE launch 'Gramodyam' to nurture rural entrepreneurs via skills training, mentorship & credit support. Unveiled on NABARD's 45th Foundation Day by Chairman Dr. Shaji K V. Hybrid model targets 4,000 entrepreneurs in 3 years.
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Meta discontinues Muse Image after major backlash over auto-enrollment without consent. Actor Hannah Einbinder & SAG-AFTRA pushed for opt-out protections. Meta admitted the tool "missed the mark" and confirmed removal.
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