Uncategorized

On May 11, 2026, India celebrated National Technology Day—a tradition first established by former Prime Minister Atal Bihari Vajpayee in

In a significant milestone for India’s startup ecosystem, the Securities and Exchange Board of India (SEBI) has officially approved quick-commerce unicorn Zepto’s initial public offering (IPO) plans, setting the stage for one of the most anticipated listings in the country’s startup history .

In a landmark shift for India’s ride-hailing industry, homegrown mobility platform Rapido has overtaken both Uber and Ola in monthly active users (MAU) , according to data from app intelligence firm Sensor Tower . The development marks a major turning point in a market long dominated by the two global and domestic giants.

India’s deep-tech startup ecosystem is experiencing a significant surge in venture capital, with investors increasingly backing companies building foundational intellectual property in AI, semiconductors, robotics, space-tech, and climate tech .

After the frothy funding boom of consumer internet companies, the tide has turned. Limited Partners are now asking tough questions of VCs, including diversity (only 1.4% of funds are women-led), financial discipline (the importance of building lean), and regulatory preparedness for portfolio companies, particularly in fintech .

The Indian Institute of Technology Madras marked a significant milestone on May 5, 2026, by hosting its first-ever Technology Summit at Bharat Mandapam, New Delhi . Under the theme “From IITM. For Bharat. Building Together.” , the summit aimed to build a collaborative framework for industry-academia-government partnerships to design, develop, and deploy technologies that will shape India’s journey towards a Viksit Bharat .

India’s flexible workspace segment is poised for sustained expansion, with total capacity expected to grow 16–18% over the next two financial years to reach 140–145 million square feet, according to a report by Crisil Ratings . The sector has already witnessed rapid growth, recording a compound annual growth rate (CAGR) of approximately 23% over the past three fiscal years through FY26 .

Samsung has officially launched the 2026 edition of its flagship Samsung Mobile Advance (SMA) program in India, offering deep-tech startups up to $50,000 in non-equity grant funding to build and scale next-generation mobile technologies.

Bengaluru-based D2C menstrual hygiene startup HealthFab has raised ₹20 crore in a Series A funding round led by Mumbai-based venture capital firm Atomic Capital, with participation from existing investor Mistry Ventures . The funding marks a significant milestone for the five-year-old startup as it pivots from a single-product company to a comprehensive period wellness platform.

In a significant vote of confidence for India’s deep-tech ecosystem, AI compute startup Tsavorite Scalable Intelligence has raised $5 million (approximately ₹46.6 crore) from Hyderabad-based venture capital firm Pavestone . The funding will accelerate product development and support go-to-market initiatives as the company looks to tap into the rising demand for power-efficient, scalable AI infrastructure .