YourStory presents a summary of the latest events across various sectors, highlighting key achievements and updates in the startup world.
Food and Sustainable Development News
The social enterprise Foodwize, based in Bangalore and founded by Sridjatha Sengupta and Priya Joshi, is working to help people build healthier relationships with food while contributing to more sustainable food systems.
Funding and Investments
Naturis Cosmetics, which specializes in contract manufacturing for beauty and personal hygiene, has raised ₹100 crore in its first funding round. Sharrp Ventures led this round. Mirabilis Investment Trust, Anicut Capital, and Niveshaay also participated in the round, alongside several angel investors.
Drone and Technology Achievements
ideaForge Technology has surpassed one million successful drone flights conducted by its clients. These flights covered defense, public safety, mapping, geodesy, and industrial applications. This milestone underscores the growing adoption of the company's drone platforms by the Indian Armed Forces, government agencies, enterprises, and international organizations. Over the years, drones have assisted in disaster response, crowd management, infrastructure monitoring, and critical surveillance. The company noted that this achievement reflects the reliability and autonomy of its UAVs. As demand for advanced drone technology grows, ideaForge is expanding beyond reconnaissance, surveillance, and scouting to include logistics support, long-duration monitoring, combat capabilities, and next-generation systems, strengthening its position in India's rapidly evolving drone ecosystem.
E-commerce Innovations
Fashion e-commerce platform Myntra has unveiled the next phase of its artificial intelligence strategy, integrating AI into customer discovery, seller onboarding, catalog management, and product development processes. The company stated that thanks to AI, the seller registration time has been reduced from fifteen days to less than two, and the personalized shopping experience has improved through search, styling, and size recommendations. Myntra's AI-powered Contextual Styling Suite helps shoppers find complete outfits, while automated content processing speeds up catalog verification. Myntra reported that 90% of its active users already utilize personalized search monthly. The retailer is also integrating AI into internal operations and engineering workflows, enabling faster product development and increased efficiency during technological scaling.
B2B Company Financial Performance
B2B company TripleDart achieved an Annual Recurring Revenue (ARR) of $7 million while maintaining an EBIT margin of 50%. This success is attributed to its proprietary AI platform, Slate. The company, which is growing without external funding, states that Slate automates SEO, content creation, and AI visibility, allowing client teams to interact directly with AI agents. Founded four and a half years ago, TripleDart has grown to 120 employees and manages over $200 million in advertising spend for more than 300 clients, including General Electric, SentinelOne, ByteDance, Cognizant, and MakeMyTrip. The company emphasized that its profitability and growth were driven by a software-oriented approach to automation, rather than headcount increase, positioning it as an AI-focused marketing services company.
Electric Motorcycle Market Expansion
Electric motorcycle manufacturer Raptee.HV has opened its first demonstration center outside Chennai, marking its entry into the Bangalore market as part of its national retail network expansion. The new showroom will allow customers to view products, take test rides, arrange delivery, and access after-sales service. Bangalore is the second operational market for the company after beginning deliveries to customers in Chennai earlier this year. Raptee.HV chose this city due to its strong electric vehicle ecosystem, expanding charging infrastructure, and active motorcycling culture. The company integrates high-voltage EV technology into two-wheelers and aims to strengthen its presence in India's premium electric motorcycle segment through a phased rollout of service centers.
Solar EV Testing
BikeWo Green Tech has partnered with Yubhas Renewables to test solar electric bicycles designed for rural and semi-urban transport. As part of the collaboration, BikeWo will deploy these vehicles within its driver network to assess performance, battery efficiency, payload capacity, ride quality, and economic viability before commercial launch. Feedback from the pilot project will help refine the vehicle's design and reliability. In addition to technology testing, both companies are exploring a rural entrepreneurship program that will train youth in vehicle operation, maintenance, and business management, enabling them to become owner-operators. This initiative aims to combine clean mobility with livelihood generation and support sustainable transport in underserved regions.
Identity Verification Integration
Medi Assist Healthcare Services has integrated the UIDAI's Aadhaar Offline Verification Framework into its medical benefits platform, becoming a registered Subject requesting offline verification. The company stated that this feature ensures consent-based secure identification, minimizing paperwork, fraud, and misuse of personal data. Members can verify their identity without disclosing unnecessary personal information, enhancing privacy and simplifying access to medical benefits. This capability also helps insurers and employers strengthen identity guarantees, reduce manual documentation, and speed up claim processing. Medi Assist plans to extend the Aadhaar offline verification functionality to third-party administrators, insurers, and pension funds using its technology platform, supporting a more secure medical benefits ecosystem.
Corporate AI Partnership
Technology company LTM has teamed up with the corporate AI platform Glean to help organizations boost productivity and accelerate AI adoption. The collaboration connects LTM's BlueVerse AI agent ecosystem with Glean's enterprise knowledge platform, providing employees secure access to information distributed across numerous corporate applications. Both companies noted that fragmented corporate knowledge remains a significant barrier to AI deployment. Through the integration of AI-powered search, assistants, and autonomous agents, the partnership aims to optimize decision-making and enhance operational efficiency. LTM stated that this cooperation will provide businesses with a managed path from enterprise search to AI-driven automation, helping organizations maximize their return on AI investment.
Real Estate Index Creation
The Indian Institute of Management Bangalore (IIMB) and real estate platform Square Yards have initiated a multi-year partnership to develop a residential property price index for India. This benchmark is intended to provide transparent assessment of housing price dynamics for buyers, investors, lenders, policymakers, and researchers. Square Yards will provide anonymized transaction, registration, RERA, and property listing data, while IIMB will lead the research methodology and statistical modeling. The Institute will maintain academic independence and publication rights. The partners stated that this initiative will solve the problem of lacking consistent price benchmarks in India's real estate sector by combining large-scale market data with academically rigorous research.
HCLTech's AI Center
HCLTech launched a Global Technology Center in GIFT City, Gujarat, to provide AI-driven solutions to global financial services clients. The center will also focus on developing next-generation technologies and nurturing skilled talent. Concurrently with the launch, HCLTech signed Memorandums of Understanding with IIT Gandhinagar and Gujarat Technological University to strengthen industry-academia collaboration. These partnerships will support research in AI for financial services, software development, and upskilling initiatives. Students and faculty will gain practical experience in projects related to digital transformation and new technologies. HCLTech stated that this center affirms its commitment to empowering AI and technological innovation from India.
Zithara.AI and Palmonas Partnership
Zithara.AI, an AI-powered customer engagement platform for offline retailers, announced a partnership with Palmonas to enhance customer interaction using data-driven solutions from brand retail operations. Under the partnership, Palmonas will implement the Zithara.AI CRM platform to unify customer data across multiple touchpoints, ensuring a single, consolidated view of customer interactions. The platform will support intelligent customer segmentation, automated engagement workflows, and personalized communication designed to boost customer retention and increase repeat purchases. The implementation aims to create a more structured and consistent approach to customer engagement as the brand scales.