Every story Uzha has summarised, newest first. For the five-minute version, read today's brief.
Deals ·
Amazon’s Great Indian Festival 2026 is set to start on October 8 in India with Prime members getting early access on October 7. US AI startup Plaud is offering festive discounts on its note-taking devices, with prices starting at Rs 13,990.
2 sources · Gadgets 360, Indian Express Technology
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Indian startup funding in Q3 2026 shifted toward mid- and growth-stage companies while late-stage investment cooled. AI was the top-funded sector, and investors showed a clear preference for ventures with clearer paths to profitability or IPO-linked milestones.
1 source · Inc42
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Lumio, operated by Circuit House Technologies, raised $12 million in a Series A round led by Blume Ventures with participation from Stellaris Venture Partners and 3one4 Capital. The startup will use the funds to invest in products and software, expand categories, scale after-sales support and start offline retail presence.
1 source · Inc42
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Indian startup funding rose 5% year‑on‑year to $2.2 billion in Q3 2026, with growth‑stage capital jumping 46% to $1.1 billion while late‑stage funding stayed flat at $994 million. Investors increased activity in Series B and C rounds, with growth‑stage deal count up and late‑stage deal count down.
1 source · Inc42
Deals ·
Dehradun-based medtech startup Sunfox Technologies has raised $7 million in a Series A round to expand its portable cardiac diagnostics platform Spandan. The funds will be used to grow in India, invest in R&D and go-to-market capabilities, and build regulatory and distribution capacity for international expansion.
2 sources · Inc42, YourStory
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Hyderabad-based edtech firm byteXL has raised $9 million to expand its college network and strengthen AI-led learning tools. The company says the funding will help it reach 500,000 engineering students across 15 states.
1 source · YourStory
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Amazon will kick off its Great Indian Festival sale tomorrow, offering discounts and finance options on a range of smartphones. The retailer has highlighted deals on flagship models such as the Samsung Galaxy S25 Ultra, iPhone 16 and Xiaomi 17, plus bank discounts, exchange bonuses and no-cost EMI options.
1 source · Gadgets 360
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Melius, a New York-based startup founded by former Ramp engineers, announced $25 million in funding including a $20M Series A led by CRV and a $5M seed from General Catalyst. The company pivoted from an ad-spend optimization tool to an AI platform for generating creative assets after scrapping its original product.
1 source · TechCrunch AI
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Navya Naveli Nanda has announced Naveli Ventures, a new investment firm that will back founders tackling large problems. The firm plans to invest across deep-tech, space, AI, clean energy and other emerging sectors via direct investments, funds, co-investments and academic/IP partnerships.
2 sources · ET Tech, YourStory
Deals ·
Walmart-owned Flipkart has taken a minority stake in Delhi-based B2B travel tech startup TravClan to bolster its international holiday offerings across Cleartrip and Flipkart Travel. The deal will also help TravClan expand its team, global supply, technology and destination operations.
3 sources · Inc42, MediaNama, YourStory
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Bengaluru-based kitchen appliances brand Beyond Appliances has raised Rs 110 crore in a Series B funding round led by Fireside Ventures. The company said it will use the capital for R&D, expanding its product portfolio, and building a new manufacturing plant.
1 source · YourStory
