YourStory's daily startup news roundup highlights the latest developments across various sectors, including Pocket Entertainment achieving an annual revenue milestone of $500 million, Hero Motors' plans for a ₹100 billion IPO, and the launch of the driver retail platform Namma Yatri.
Pocket Entertainment, the parent company of Pocket FM and Pocket Saga, announced that its annual revenue has exceeded $500 million, representing a 70% growth compared to the previous year. The company attributed this growth to the use of artificial intelligence in both content and operational activities. According to the company, the implementation of AI has reduced the time required to launch new markets from approximately twelve months to two.
Hero Motors plans to conduct an Initial Public Offering (IPO) worth ₹100 billion, starting on Wednesday, September 16, 2026, and concluding on Friday, September 18. The price band is set between ₹79 and ₹84 per share. The offering includes a fresh issue of ₹600 billion and a public offer of shares by existing shareholders amounting to ₹400 billion. The proceeds will be used for debt repayment and capital expenditures, among other uses.
Namma Yatri launched the Namma Santhe platform, which serves as both a physical and online retail space for drivers in Bengaluru. This launch was executed in partnership with Keystones. The company stated that it will not charge a commission on sales; goods will come from Original Equipment Manufacturers (OEMs) and authorized suppliers, and delivery will be managed through the company's office store and via app orders.
QClairvoyance Quantum Labs entered into a Memorandum of Understanding (MoU) with IITM C-DOT Samgnya Technologies Foundation, which is India's National Quantum Communications Centre under the National Quantum Mission. The collaboration between the parties will focus on quantum computing, algorithms, quantum AI, post-quantum cybersecurity, and next-generation computing technologies in research, technology development, validation, and implementation.
Samgnya, established in December 2025 at the IIT Madras Research Park, focuses on quantum communication, testbeds, standards, and industry collaboration. According to QClairvoyance, founded in 2024, this partnership will aid in technology verification through testbeds and joint projects, while also strengthening talent development and technology transfer. The company noted that it has trained over 1000 students, attracted ₹30 billion, and has a team of about 40 people collaborating with IICT, CSIR, TIFR, IIT Bombay, and Ahmedabad University.
QubeHealth-Pay announced its expansion into the Middle East and North Africa (MENA) region through its newly licensed subsidiary, Qube FinTech & AI MENA Limited, registered in the Dubai International Financial Centre. This entity will serve as the regional headquarters for the Gulf Cooperation Council (GCC) and North African countries, providing corporate technology solutions to insurance companies, employers, hospital networks, and pharmaceutical firms. The company indicated that its capabilities include digital health expense processing, claims facilitation, rules-based decision support, reconciliation infrastructure, and consent-based data collection and analytics. Initial target markets are the UAE, Egypt, Kenya, and Nigeria, with phased rollout through partnerships and pilot projects. QubeHealth-Pay also reported that its platform in India serves over 300 corporations and more than 300,000 employee families.
BharatPeX, the enterprise payment platform from BharatPe, unveiled its payment gateway at Global Fintech Fest 2026. The new gateway integrates payment acceptance, intelligent transaction routing, and unified payment operations into a single system. The gateway supports over 100 payment methods, including cards, UPI, internet banking, and bank transfers, through a single integration. BharatPe emphasized that dynamic routing directs transactions through multiple payment acceptance partners based on performance signals and business rules to increase success probability. Features include EMI and pay-later options, native OTP authentication, tokenization, payment splitting, recurring payments, and compliance with PCI DSS Level 1, along with dashboards for settlements, refunds, and reconciliation. Sandeep Indurkar, Chief Payments Officer at BharatPe, stated: 'Corporate payments go beyond mere acceptance.'
