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Startup Story

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Deeptech Startup Sthyr Energy Secures $1 Mn Seed Funding

  • Deeptech energy storage startup Sthyr Energy has secured $1 million in seed funding from Speciale Invest and Antares Ventures.
  • The funding will be utilized to enhance R&D, pilot key product lines, and expand manufacturing capabilities.
  • Sthyr Energy, founded in 2024, focuses on developing low-cost, safe, and scalable energy storage solutions using zinc-air battery technology.
  • The startup aims to make long-duration energy storage affordable and plans pilot deployments with grid operators and asset managers.

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Medium

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Rebel Staxx Is Now Streaming: Music Meets Gaming on Kick, Twitch, and YouTube

  • Rebel Staxx, known for music, is now venturing into gaming on platforms like Kick, Twitch, and YouTube.
  • Staxx is transitioning from music to gaming, showcasing raw lyricism and rebellious vibes in the gaming world with live streams filled with gameplay, personal moments, and community interactions.
  • His streams cover games like Call of Duty for intense action, Fortnite for building and collaboration, and various indie games and challenges for an added element of randomness.
  • Staxx emphasizes that his gaming streams are authentic and unscripted, focusing on the genuine interaction between himself, the games, and his audience.

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Inc42

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Rapido Rolls Out Service To Allow Users To Book Delhi Metro Tickets

  • Rapido has launched a new service for users to book Delhi Metro tickets through its app via ONDC integration.
  • The company partnered with ONDC and DMRC to offer this feature, along with last-mile transit services and discounts on metro tickets.
  • Rapido introduced a flat INR 25 fare for bike rides to metro stations within a 3 km radius and plans to expand these offerings across the Delhi metro network.
  • The move follows Uber's partnership with ONDC for metro ticketing and signals a trend of aggregator platforms moving towards super apps through ONDC integration.

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Startupcan

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Fortifying Your Future: Why Cybersecurity is Your Startup’s Strategic Imperative

  • Startups need to prioritize cybersecurity for long-term success in a digital world.
  • Canadian small businesses often underestimate the importance of cybersecurity and become prime targets.
  • Cybersecurity threats can lead to business interruptions, data loss, financial consequences, and reputational damage.

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TechCrunch

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Rubrik acquires Predibase to accelerate adoption of AI agents

  • Rubrik has announced the acquisition of Predibase, a startup helping companies train and customize open-source AI models.
  • The deal's terms were not disclosed, but CNBC reported it to be between $100 million and $500 million.
  • Predibase's integration will enable Rubrik users to accelerate building AI agents through various platforms like Amazon Bedrock and Azure OpenAI.
  • Rubrik's acquisition of Predibase is part of a trend among companies aiming to strengthen their technology stack for AI agent creation.

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ISN

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UPI developer NPCI's profit jumps 42% to Rs 1,552 crore in FY25

  • NPCI, the developer of UPI, saw a 41.7% increase in revenue surplus to Rs 1,552 crore for the fiscal year ending in March 2025.
  • NPCI's revenue growth was driven by a surge in digital transaction volumes across platforms like UPI, IMPS, AePS, BBPS, and NCMC.
  • In FY25, NPCI processed 21,360 crore transactions, up 33% from the previous year, and its net worth increased to Rs 6,412 crore.
  • However, despite its financial strength, NPCI faced operational challenges, including recent UPI service disruptions, while continuing to experience increasing transaction volumes.

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Startup Pedia

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‘Biggest risk of my life’: Mukesh Ambani says it would have been ‘worth it’ even if Jio had failed

  • Mukesh Ambani considers the launch of Jio as the biggest risk taken by Reliance Industries, stating it would have been worth it even if it had failed.
  • He emphasized that businesses need to harness technologies for impact and noted the importance of creating impact at scale to improve lives.
  • Ambani mentioned the company's willingness to take big risks for scale, even if the returns are not substantial, viewing it as a form of philanthropy through digital transformation in India.
  • He expressed his vision for Reliance to serve India and humanity for centuries, highlighting the changing landscape of technology and the importance of adapting to new opportunities.

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Medium

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Unlocking AI Content Repurposing: Castmagic Review & Surprising Wins

  • Castmagic is reviewed for its ability to streamline content creation for podcasters with promises of efficient content repurposing.
  • The AI tool, Castmagic, goes beyond basic transcription by generating show notes, summaries, social media snippets, and key quote highlights.
  • Castmagic is highlighted for its user-friendly interface, requiring no complex setup or tech skills for creators to utilize successfully.
  • A content agency integrated Castmagic into its workflow, significantly reducing turnaround time and attracting new clients due to faster content delivery.

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Inc42

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ITC Pulls The Plug On Its Online Store

  • FMCG giant ITC has discontinued its online store, 'ITC Store,' after nearly five years of operation, citing that the platform has served its purpose.
  • ITC is shifting towards a multi-platform digital distribution strategy, focusing on ecommerce, quick commerce, and modern trade, while strengthening its presence in general trade.
  • ITC's products are available on platforms like Amazon, Blinkit, and Instamart, with the company witnessing over 50% growth in ecommerce and quick commerce channels.
  • India's urban quick commerce space is witnessing significant growth, with competition intensifying among players like Zepto, Swiggy Instamart, and Zomato's Blinkit.

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TechCrunch

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Introducing the Going Public Stage at TechCrunch Disrupt 2025

  • TechCrunch Disrupt introduces Going Public Stage for mid to late-stage founders.
  • Learn from tech giants like Zoom's CEO and Nextdoor's CEO on building resilient companies.
  • Sessions cover IPO prep, AI-powered GTM strategy, and navigating the evolving VC landscape.
  • Join to explore what follows breakout success, exit strategies, and future market trends.

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Inc42

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Rollins Terminates Acquisition Deal With EaseMyTrip

  • Listed online travel aggregator EaseMyTrip's acquisition deal to acquire a stake in healthcare company Rollins International has been terminated.
  • Rollins decided to pull out of the acquisition deal after previously signing definitive agreements with EaseMyTrip for the acquisition.
  • Rollins cited a reevaluation of its long-term strategic direction and vision as the reason for backing out from the deal.
  • EaseMyTrip had planned to integrate Rollins and Pflege Home Healthcare to offer medical tourism services but now faces the challenge of the terminated deal.

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TechCrunch

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Better Auth, an authentication tool by a self-taught Ethiopian dev, raises $5M from Peak XV, YC

  • Bereket Engida, an Ethiopian solo dev, secures $5M funding for Better Auth tool.
  • Better Auth's open-source framework simplifies user authentication, garners investor interest, and strong user adoption.
  • Engida aims to offer flexible, customizable authentication solutions, keeping user data on premise.

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Startup Story

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Amicus Capital Closes Second Fund at $214 Mn, Surpasses Initial Target Amid Strong Institutional Backing

  • Amicus Capital Partners closes its second fund, Amicus Capital Partners India Fund II, at $214 million, surpassing its initial target of $200 million.
  • The fund focuses on high-growth, capital-efficient mid-market companies in India and has already invested in companies like Aequs, Equirus Capital, and Manipal Payments & Identity.
  • The fund received strong support from domestic and international investors, with 95% of the capital coming from institutional investors such as HDFC Fund of Funds and the National Investment and Infrastructure Fund.
  • Amicus Capital plans to deploy 50% of the fund by the end of 2025 and continues to focus on profitable companies in sectors like consumer, financial services, healthcare, and technology.

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Eu-Startups

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Paris-based cryptography startup Zama secures €49 million to bring end-to-end encryption to public blockchains

  • French startup Zama secures €49 million Series B funding round for blockchain solutions.
  • Co-led by Blockchange Ventures and Pantera Capital, Zama's valuation exceeds $1 billion USD.
  • Zama becomes world's first FHE unicorn, offering confidentiality to financial applications.
  • Zama's launch includes Confidential Blockchain Protocol, FHE libraries, and onchain finance solutions.
  • Zama focuses on scalability, hardware integration, and developer usability to advance FHE adoption.

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TechCrunch

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Bill Gates-backed AirLoom begins building its first power plant

  • Wind power faces challenges with rising costs and political resistance.
  • AirLoom Energy, led by CEO Neal Rickner, aims to revolutionize wind energy with a unique turbine design.
  • The startup breaks ground on a pilot site in Wyoming to demonstrate the capabilities of its shorter-blade wind turbine system.
  • AirLoom targets deployment of its first commercial-scale system in 2027 or 2028, potentially for data centers or military bases.

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