The daily startup news review from July 10, 2026, highlights the latest achievements across various sectors, including logistics, healthcare, fintech, and space technology.
The daily startup news review from July 10, 2026, highlights the latest achievements across various sectors, including logistics, healthcare, fintech, and space technology.
In India, the focus in logistics has shifted towards speed, and ElasticRun is poised to meet this growing demand with its technological foundation. Meanwhile, author Shivya Nat, in her book 'Rootless and Restless,' reinterprets concepts of travel and adventure, recounting her journeys to the world's most remote corners and how these experiences influenced her understanding of freedom and home.
Iswarya Fertility Centre, based in Chennai, secured funding of 350 crore rupees from global healthcare investor OrbiMed Asia. Founded in 1986 and operating over 85 centers across eight states, Iswarya plans to use the new capital to open new branches in underserved regions, strengthen clinical infrastructure, invest in digital capabilities, and expand its team of embryologists.
The company noted that fertility rates in India have dropped below replacement levels, while infertility cases continue to rise due to delayed parenthood, lifestyle changes, and increased diagnostic frequency. Despite the growing demand, the penetration of IVF treatment remains one of the lowest globally, indicating significant opportunities to improve access to quality fertility care nationwide.
AI-based patient care platform Docstribe attracted a strategic funding round led by ABGD Ventures. The funds are earmarked to accelerate the company's expansion into the United States and the United Arab Emirates. Docstribe provides a digital platform for care coordination that helps medical professionals interact with, track, and support patients throughout their treatment. The technology enables early identification of high-risk patients and timely intervention, thereby improving clinical outcomes and patient experience while driving revenue growth.
The company stated that the new investment will strengthen its international presence and help scale the adoption of AI-based healthcare solutions. Docstribe aims to enable healthcare systems to transition from reactive treatment models to proactive, data-driven patient care through intelligent interaction and precise coordination.
PhonePe added an income tax filing feature to its app, allowing individuals, freelancers, and small businesses to file Income Tax Returns (ITR) and manage monthly GST compliance directly within the application. This service, developed in partnership with TaxBuddy, offers self-filing plans starting from 24 rupees, expert tax filing services for complex cases, and monthly GST filing for traders. The integrated solution eliminates the need to visit external portals, providing comprehensive tax compliance services within the PhonePe ecosystem.
Early-stage venture firm Arkam Ventures announced the promotion of Vishnuhari Parekh to Chief Financial Officer and Abhishek Mishra to Principal. Parekh joined the firm in 2022 as Head of Finance, overseeing finance, legal matters, compliance, investor reporting, fund management, and operations. Mishra, who joined Arkam Ventures in 2022 as Senior Vice President, brings over a decade of entrepreneurial experience in building and scaling technology companies. These promotions reflect the firm's commitment to strengthening its leadership, continuing to support early-stage startups, and expanding its investment activities within India's tech ecosystem.
Triveni Power Transmission Limited (TPTL) partnered with Salesforce as part of its digital transformation strategy to enhance customer engagement and operational efficiency. The company will implement Agentforce Sales and Agentforce Service to create an integrated platform providing real-time customer insights, improved forecasting, and better cross-functional collaboration. This collaboration aims to unify customer information, optimize sales and tender/application management, and strengthen service delivery through data-driven decision-making.
Cognizant announced plans to significantly expand its workforce of Frontier AI certified engineers, aiming for 5,000 certified Frontier engineers and 10,000 Frontier Business operators. The company expects the first cohort of deployment-ready specialists to be available by the fourth quarter of 2026. Cognizant also plans to bolster its talent pipeline through direct hiring from universities across the US and other global markets. The Frontier stack is designed to be model- and cloud-agnostic, allowing enterprises to integrate AI into existing technology environments. Cognizant's team works with leading AI ecosystems, including Anthropic, OpenAI, Microsoft, Google, AWS, NVIDIA, Salesforce, and ServiceNow.
Kapture CX customer experience platform appointed Sanjay Prasad as VP of Sales to strengthen its enterprise business. Based in Mumbai, Prasad will lead sales strategy for large clients in the BFSI and retail sectors, focusing on expanding the adoption of the AgentOS platform. He possesses over 20 years of experience in corporate technology sales and business development. In turn, DXC Technology opened a new Customer Experience Center in Bengaluru, one of the largest global service hubs, to help enterprises accelerate AI adoption and digital transformation. This 200,000 sq ft center is equipped with customer experience zones, co-creation labs, and other facilities to drive innovation.
E-commerce platform Shiprocket introduced Fastrr—an AI-powered checkout solution designed to boost customer conversion and simplify the online purchasing process. Launched at the seventh SHIVIR summit, Fastrr integrates Shiprocket's pre-order capabilities into a single, AI-managed platform. The platform utilizes a proprietary e-commerce graph model built on millions of buyer interactions, offering seamless checkout, AI-assisted shopping, visitor identification, and WhatsApp automation.
Bengaluru-based startup Grahaa Space is preparing to launch the experimental nanosatellite SOLARAS aboard Skyroot Aerospace's Vikram-1 mission from Satish Dhawan Space Centre in Sriharikota. The SIDDHI mission aims to test the company's stackable nanosatellite platform in low Earth orbit. The mission will also carry the VISWA-M payload, developed by VIT-AP Amaravati University, demonstrating Grahaa Space's deployable payload architecture for educational purposes.
Arduino launched the Edge AI Innovation Lab at IIT Delhi, expanding its 'Physical AI for All' initiative in India. This lab will provide students with hands-on experience in creating Edge AI and Physical AI solutions through project-based learning and interdisciplinary research. The lab also supports faculty training and curriculum development aligned with industry needs.
The Indian Electronics and Semiconductor Association (IESA) welcomed the government's decision to rationalize customs duties on capital equipment and key components used in the production of lithium-ion battery cells, display assembly units, and wireless charging modules. The industry body believes this move will reduce project costs, improve investment attractiveness, and strengthen India's electronics manufacturing ecosystem. This policy complements initiatives such as the Electronics Component Manufacturing Scheme (ECMS) and the Semicon India Programme, which aim to increase domestic value addition.
In the mental health sector, Mindfully Sorted, founded by Sarmista Mazunder, is redefining well-being through immersive retreats and mindful journeys for women. Managed workspace provider Incuspaze attracted 150 crore rupees under the guidance of Bharat Value Fund to strengthen its market presence and prepare for an IPO in FY29. The nutrition-focused startup The Func. Lab received $1.5 million in seed funding from investors, including Nisab Gojedge and Ananda Piramal. The company plans to use the capital to expand distribution and innovate in clean-label products. The luxury commerce startup The Capitalist Ventures raised 10 crore rupees to bolster its position in India's premium lifestyle market. Additionally, the Bengaluru-based edtech startup Lytmus AI gathered 5 crore rupees in a pre-seed round led by Boundless Ventures to enhance its AI-based learning platform.
