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Tuesday

8 stories you need to know from India's startup ecosystem.

8Stories
4Min Read
01
SaaS & Tech 4 min read

Nvidia Put $3.5 Billion Into MediaTek To Get Inside The Chips Built To Replace It

Read this against what Nvidia did a week ago and the strategy comes into focus. Nvidia paused parts of its AI Compute Partnership in late August, the financing programme under which it guaranteed revenue floors for small…

02
EV & Mobility 4 min read

Ola Electric's Market Share Rose In August Because Everyone Else Fell Harder

Ola's share improved because its volumes fell more slowly than the market's, not because anything shifted underneath. A 7.7 per cent decline against an industry down 16.2 per cent produces a better percentage of a smalle…

03
Policy 5 min read

Twenty More Hands Are About To Allocate India's ₹1 Lakh Crore Deep-Tech Fund

The government's defence is more substantial than most of the coverage has allowed. Conflicted members disclosed their interests and took no part in evaluating or approving the relevant proposals. Recommendations require…

04
SaaS & Tech 5 min read

Mech-Mind's Gross Margin Went From 39% To 65% In Two Years, Which Is The Real Story

The number worth isolating is the gross margin. It went from 39.1 per cent in 2023 to 51.1 per cent in 2024 to 64.6 per cent in 2025, and held at 64.8 per cent in the first quarter of this year. Revenue compounded at 46.…

05
Funding 5 min read

Magna Puts Another $35M Into Yuma Energy, Diluting Its Joint Venture Partner Yulu

Calling this a Series A does the story a disservice. An outside investor pricing a company for the first time is one kind of event. A majority owner writing a further cheque into its own subsidiary is another, and the se…

06
Funding 5 min read

Kepler Aerospace Raises Its First $8M Eight Years In, With a Satellite Swarm to Build

Read the round against what the company actually is, and the interesting number is not $8 million. Kepler bootstrapped for seven years. Filed accounts show revenue of ₹1.48 crore for the year to March 2024 — a genuinely …

07
Fintech 4 min read

UPI Moved Less Money In August Than July, On 850 Million More Transactions

A falling ticket size is not a weakness in the rail. It is the clearest evidence that UPI is doing what it was built to do, pushing further into the small everyday payments that used to be cash. Nobody should read ₹1,217…

08
Funding 5 min read

Blue Voice Raises $6M to Put 15,000 Pages of Police Policy in an Officer's Pocket

The product insight is narrow and correct. Police policy is not hard to find. It is hard to find in ninety seconds, in the dark, with someone shouting. Lexipol and its peers solved the authoring problem two decades ago —…

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