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In a landmark move that could reshape the global digital payments landscape, the National Payments Corporation of India (NPCI) is planning to make the UPI technology stack open source. This decision is expected to accelerate fintech innovation, reduce development barriers, and encourage global adoption of India’s digital payments infrastructure .

In a historic move for India’s technology and startup landscape, Jio Platforms has filed its Draft Red Herring Prospectus (DRHP) with SEBI, setting the stage for what is expected to be the country’s largest-ever initial public offering .

Pet healthcare startup Vetic has raised $40 million (~₹377 crore) in a funding round led by Bessemer Venture Partners, with participation from existing investors Greenoaks Capital, tech investor Lachy Groom, and the JSW Family Office . The round values the Gurugram-based company at $130–140 million, up from $55 million in 2024 .

Prime Minister Narendra Modi made a powerful pitch for India’s technological ascent at VivaTech 2026 in Paris, Europe’s largest technology and startup event, positioning the country as a global hub for artificial intelligence, digital public infrastructure, and innovation-driven growth .

The maiden edition of Bharat Innovates 2026 in Nice, France, has concluded with India’s deep-tech ecosystem securing transformative global partnerships, investor commitments, and market access opportunities—marking a significant milestone in the country’s journey toward becoming a global innovation hub

Karnataka is taking significant steps to strengthen its position as India’s premier hub for biotechnology innovation. The state government, through its Vision Group on Biotechnology (VGBT) chaired by Biocon founder Kiran Mazumdar-Shaw, is actively developing a dedicated financing and support framework for biotechnology enterprises .

London-based consumer technology brand Nothing has signed strategic memoranda of understanding (MoUs) with IIT Roorkee and the Indian Institute of

Prime Minister Narendra Modi, alongside French President Emmanuel Macron, has officially extended an open invitation to global innovators, investors, and entrepreneurs to co-create future technologies with India at Bharat Innovates 2026 . The three-day conclave, inaugurated on June 14 in Nice, France, brings together 120 top Indian deep-tech startups, over 15 higher education institutions, and more than 500 global investors, VCs, and industry leaders under a single roof 

Physical security AI platform Coram AI has raised $35 million in a Series B funding round**, bringing its total capital raised to **$66 million. The round was co-led by Ansa Capital and Battery Ventures, with participation from existing investors UP.Partners, 8VC, and Mosaic Ventures .

The fresh capital will be used to accelerate AI product development, expand go-to-market and customer success teams, and scale its engineering presence in Bengaluru—which the company views as a key hub for building next-generation AI technologies powering its global platform .