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YourStory brings you today's headlines and the latest news across sectors. Featured stories Naiyya Saggi on building EDT Naiyya Saggi, founder of consumer appliance and beauty-tech startup EDT (Everyday Design & Technology), is reimagining everyday products for Indian consumers. Founded in 2025 with co-founder Vyasateja Rao, the startup offers a range of devices for the home, kitchen and beauty segments. Its products include Luma, a programmable glass air fryer; Flow, a temperature-controlled glass kettle; and SUKI, a hair dryer designed to minimise hair damage. Saggi, who previously founded parenting platform BabyChakra and co-founded the Good Glamm Group, says EDT aims to address market gaps by combining thoughtful design with technology tailored to Indian consumers. Read more Sarvam AI signs five-year agreement with Defence Ministry to develop AI technology Indian AI startup Sarvam AI has signed a five-year agreement with the Ministry of Defence to develop artificial intelligence (AI) technology for the armed forces. The partnership aims to strengthen India's indigenous AI capabilities for defence applications and reduce dependence on foreign technology for sensitive military operations. Founded by Pratyush Kumar and Vivek Raghavan, Sarvam AI develops AI models and tools tailored to Indian languages and contexts. Its defence work comes amid the government's push to build homegrown AI systems for military applications, including intelligence analysis, surveillance, reconnaissance, and operational decision-making. The collaboration could help integrate indigenous AI capabilities into India's defence ecosystem. Read more Funding newsLive2.ai raises Rs 130 Cr to expand AI-led social commerce platform Bengaluru-based Live2.ai, which uses artificial intelligence (AI) to connect social media intelligence with marketing and commerce, has raised Rs 130 crore ($14 million) in a pre-Series B funding round led by venture capital firm IvyCap Ventures. The round includes fresh capital to fund expansion and a secondary component that gives early shareholders partial liquidity. Founded by J Venkat and Neha Suyal, Live2.ai helps brands monitor conversations across social media platforms, analyse trends, audit influencer content, publish campaigns and measure performance. Read more Maasi raises Rs 6 Cr to build a reliable nanny service for Indian parents Bengaluru-based childcare startup Maasi has raised Rs 6 crore in a pre-seed funding round led by Better Capital, alongside Antler India. Angel investors, including Rapido veteran Rishikesh SR, Shadowfax’s Vaibhav Khandelwal, Xoxoday’s Sumit Khandelwal, Siddhant Goyal, and Sanjay Ramakrishnan, also participated. Following its public launch on October 20, the startup says it attracted a waitlist of more than 4,000 parents within five days and has served over 1,200 parents through a network of more than 500 caregivers. Founded by Aashu Manchali, Gargi Pandey, and Reshov Roy, Maasi aims to solve the challenge of finding reliable childcare by offering verified, trained nannies. Mochatrade raises $5.5M to expand US markets trading platform for Indian users Mochatrade has raised $5.5 million in total funding for its US markets trading platform targeting Indian users. The funding was led by CoinFund, with participation from Coinbase Ventures, Zero Knowledge Ventures and other investors. Earlier backers include Y Combinator and Pioneer Fund. The platform aims to make trading linked to US-listed companies such as Nvidia and Tesla more accessible to Indian users. Mochatrade lets users fund accounts through UPI and track margins, profits, and losses in rupees. Its platform offers long and short positions through perpetual futures contracts linked to US company prices, without requiring users to open a US brokerage account or own the underlying shares. These contracts have no fixed expiry, and leverage lets traders take larger positions with less upfront capital, increasing both potential gains and losses. CopperPilot raises $390K to build AI design agent for electronics hardware CopperPilot, an AI-powered design agent for electronics hardware, has raised $390,000 in a pre-seed funding round led by Neon Fund, with participation from US-based angel investors. The startup also announced the release of the first version of its design agent, codenamed Epsilon, which is now available to hardware engineers. CopperPilot says its weekly active users have grown 25-fold since August 2026, and it has run more than 6,000 design tasks, or artefacts, on the platform to date. The startup aims to simplify electronic circuit board design by automating tasks such as reading component datasheets, selecting parts, drawing schematics and routing circuit boards. These processes can take engineers several weeks and cost thousands of dollars before they have a first prototype. CopperPilot aims to reduce this timeline to hours, helping hardware teams accelerate product development and reduce engineering workloads. dubdub raises $1.3M seed round led by 3one4 Capital, others dubdub, a swipe-based trivia and puzzle app, has raised $1.3 million in a seed funding round led by 3one4 Capital, Antler and Stellaris Venture Partners. Founded by second-time entrepreneurs Kaustubh Priye and Supan Shah, who previously built and sold health-tech company Aldun to Care.Fi, the startup plans to use the funds to expand its product and engineering teams, introduce new interactive formats and improve personalisation. Launched in March 2026, dubdub has crossed 20,000 downloads. The app aims to replace passive scrolling with interactive content, including questions, puzzles and mini-games across more than 20 categories, such as cricket, Bollywood, pop culture, mythology, general knowledge and logical reasoning. It uses AI and user interactions to personalise challenges, while letting users compete with friends, compare scores, and share their experiences. Nova Spectral AI Raises Rs 21.15 Cr in seed round Bengaluru-based deeptech startup Nova Spectral AI has raised Rs 21.15 crore in a seed funding round led by Shastra VC, with participation from Equirus InnovateX Fund and angel investors. The company is developing a quantum dot-based short-wave infrared (SWIR) image sensor chip designed for drones, surveillance systems, robots, autonomous vehicles and other physical AI applications. Its technology uses indium arsenide quantum dots and CMOS-compatible manufacturing processes to target sensor costs up to 100 times lower than conventional indium gallium arsenide technology. The startup aims to reduce India's dependence on imported infrared sensors while making advanced imaging more affordable. Co-founder and CEO Anish Priyadarshi said the funding would support team expansion and development of a field-ready prototype within 18 months. Tensrai Secures investment from Finvolve and India Accelerator Hyderabad-based Physical AI startup Tensrai has secured an undisclosed investment from venture capital fund Finvolve and India Accelerator. The company will deploy the capital towards technology development, engineering, customer deployments and market expansion. Founded in 2022, Tensrai is developing a unified autonomy platform that enables industrial and commercial robots and vehicles to perceive, navigate, learn and perform physical tasks. Its technology combines AI-based localisation, intelligent navigation and mission planning, including operations in GPS-denied environments. The startup is also developing capabilities that allow robots to learn tasks through human demonstrations. Its applications include material movement, cleaning and robotic manipulation across factories, warehouses, hospitals and commercial campuses. Tensrai's business model includes robot sales, retrofitting, Robot-as-a-Service and customised solutions. Other newsAleph appoints Medhavi Singh as India Country Head Global digital advertising and fintech solutions company Aleph has appointed Medhavi Singh as its Country Head for India. The appointment reflects the company's focus on India's digital economy and the country's growing importance in the Asia-Pacific region. Singh brings over 15 years of experience across digital advertising, retail media, quick commerce and revenue strategy. She joins Aleph after nearly nine years at Criteo, where she most recently served as Country Head for India and helped grow the company's business in the market. Before Criteo, she spent nearly five years at Google in account strategy and analytical leadership roles across India, the UK, and the US. She holds a degree in computer science engineering and an MBA. Protectt.ai acquires majority stake in Bosch-incubated AIShield Cybersecurity company Protectt.ai Labs has made a strategic investment in AIShield, an AI security platform incubated within Bosch Global Software Technologies (BGSW), becoming its majority shareholder. The investment comprises a primary share issuance and a secondary purchase from existing investors. Following the transaction, AIShield will operate as an independent entity, AI Shield Private Limited (AISW), under Protectt.ai. The capital will support AIShield's research and development, international expansion and development of sovereign AI security capabilities as organisations increasingly seek to secure AI systems against emerging cyber threats. Skydo gets IFSCA authorisation to expand cross-border payment services Cross-border payments platform Skydo has received final authorisation from the International Financial Services Centres Authority (IFSCA) to operate as a Payment Service Provider (PSP) at Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC). The approval follows the in-principle authorisation granted in May 2026 and enables the company to develop a broader range of cross-border payment products. Skydo plans to introduce multi-currency accounts, merchant acquiring and collections, and payment infrastructure for exporters, investment platforms and trade finance companies operating in the IFSC. One proposed offering is a multi-currency account that will allow eligible Indian exporters to collect and hold foreign currency, use it to pay overseas suppliers, or convert it into rupees when required, subject to regulatory requirements. TagMango partners with ClickFunnels to launch Backstage Pass for creators TagMango, a Y Combinator-backed creator monetisation platform, has launched Backstage Pass in partnership with ClickFunnels, a sales-funnel platform whose users have generated over $11 billion in sales. TagMango works with more than 10,000 creators and has reached over 15 million users, while ClickFunnels has a community of more than 150,000 customers. Unveiled at Funnel Hacking Live in Las Vegas, Backstage Pass will initially target the US market before expanding to India. The platform aims to help creators engage and monetise their audiences directly, without relying on social media algorithms for visibility. Mudrex report maps India's real-world asset tokenisation landscape Crypto investment platform Mudrex has released The Builder’s Guide to RWA Tokenization in India, a report examining the state of real-world asset (RWA) tokenisation across seven asset classes: commodities, currencies, bonds, equities, real estate and land, credit, and energy. The report finds that India has established much of the public infrastructure required for tokenisation, with the next phase of growth depending on businesses developing solutions using these existing systems. According to the report, bonds and energy have seen government-led pilots, while Maharashtra has committed to introducing a land-tokenisation law. In credit, market participants have explored blockchain-based warehouse-receipt lending and invoice tokenisation through the Reserve Bank of India's sandbox. However, commodities, currencies and equities remain largely untapped opportunities. The report highlights the potential for innovations such as blockchain-based gold tokens backed by physical gold, cross-border central bank digital currency (CBDC) transactions and regulated tokenisation of listed shares. Amazon to deploy 3,000 Tata electric trucks across India Amazon and Tata Motors have announced a collaboration to deploy 3,000 electric trucks across Amazon's transportation network in India. The deployment, described as the largest electric-truck rollout by an e-commerce company in the country, will extend Amazon's fleet electrification efforts beyond last-mile delivery. The trucks will transport customer shipments between facilities, across cities and along national freight corridors. The first batch of vehicles was flagged off in Delhi in the presence of Union Minister for Heavy Industries and Steel HD Kumaraswamy and senior executives from both companies. Under the arrangement, Tata Motors will supply the electric trucks, while Amazon's carrier partners will own and operate them. The initiative combines Amazon's logistics network and freight demand with Tata Motors' vehicle manufacturing, engineering and servicing capabilities. The companies aim to accelerate the adoption of electric freight transportation in India and demonstrate the potential of zero-tailpipe-emission trucks for large-scale logistics operations. BikeWo Green Tech partners with Green Drive Mobility to scale electric logistics BikeWo Green Tech Limited has signed a memorandum of understanding (MoU) with Green Drive Auto Services, also known as Green Drive Mobility, to jointly develop and expand electric logistics operations across India. The partnership will focus on last-mile, mid-mile and long-haul freight transportation, with the companies aiming to build a green logistics platform with a fleet of at least 5,000 electric trucks over the coming years. Green Drive Mobility currently operates more than 350 electric trucks and approximately 8,000 electric two-wheelers. Its truck logistics clients include More Retail, DHL and Gati. The company also provides ONDC-enabled last-mile logistics services, supporting quick-commerce businesses through its electric two-wheeler fleet. The collaboration aims to expand electric-vehicle use across India's freight and logistics sector. US wealth management firm AssetMark opens Hyderabad GCC US-based wealth management platform AssetMark has opened a Global Capability Centre (GCC) in Hyderabad, with capacity to accommodate approximately 500 employees. The centre will strengthen the company's global technology and business operations while expanding its presence in India. AssetMark has operated in the country through an outsourcing model for nearly a decade. The new facility will bring dedicated operations and technology teams in-house to support its wealth management platform, including artificial intelligence initiatives. Led locally by Joshi Alaparthi, Vice President and Head of India GCC, the team will collaborate with US-based colleagues on engineering, operations and product management. Hiring is underway across experience levels, with the company planning to recruit 10–15 graduates from Chaitanya Bharathi Institute of Technology as its first campus recruitment cohort. Bounteous expands Bengaluru office to strengthen enterprise AI capabilities AI services firm Bounteous has inaugurated an expanded office in Bengaluru as it scales its enterprise AI capabilities and global delivery operations. The facility will provide additional workspace for collaboration among engineering, data and technology transformation teams serving clients worldwide. Bounteous has operated in India for more than two decades and serves over 70 Fortune Global 2000 clients. In June 2026, the company joined Anthropic's Claude Partner Network as a launch Preferred Services Partner. Since then, it has built a team of more than 1,000 certified Claude architects to help enterprises integrate AI into their workflows. Its proprietary Bounteous Arc platform supports the design, development and deployment of AI agents. The company has more than 5,000 employees globally, with operations in Bengaluru, Chennai, Gurugram, and Hyderabad. IIM Calcutta Innovation Park, AIM train incubation professionals IIM Calcutta Innovation Park (IIMCIP) and Atal Innovation Mission (AIM), under NITI Aayog, have conducted a three-day residential capacity-building programme for 20 incubation and innovation professionals from institutions across India. Held at the IIM Calcutta campus, the AIM-AiPEX programme aims to strengthen the capabilities of professionals supporting startups and entrepreneurship. The initiative addresses the growing need for skilled incubation managers as India's ecosystem expands to more than 1,200 incubation centres. Participants received practical training in startup sourcing and selection, programme design, enterprise support, go-to-market strategies, fund management, legal compliance, governance and performance monitoring. The programme included expert-led sessions, practical exercises and interactions with mentors and entrepreneurs. IIMCIP said the initiative would help participants apply their learnings to strengthen startup support in their respective institutions. The Func. Lab launches creatine-based hydration and protein products Indian functional nutrition brand The Func. Lab has introduced two creatine-based product lines, CREASalts and Crea Protein, designed to integrate supplementation into everyday hydration and protein routines. CREASalts combines 3g of creatine monohydrate with electrolytes and taurine per serving. It is available in four flavours, with prices starting at Rs 500 for 15 servings. The protein range combines 3g of creatine with either plant-based protein or whey protein and comes in multiple flavours. Plant Protein + Creatine is priced from Rs 600 for a travel pack, while Whey Protein + Creatine starts at Rs 1,500. The company said the products aim to simplify daily supplementation by combining commonly used nutrition products. Founded by Sohrab Khushrushahi, Sahil Kukreja and Daneesh Davar, the brand targets consumers seeking performance and functional nutrition solutions. GetCompanion expands in-person companionship services to Delhi GetCompanion, a human presence platform, has expanded its in-person companionship services from Gurugram to Delhi. The startup connects users with trained, verified companions for conversation, shared interests, and everyday activities, including walks, shopping, restaurant visits, games, and hospital visits. The company clarified that its services do not include therapy, medical advice, caregiving or physical assistance. Founder and CEO Shradha Chaturvedi said the expansion aims to make human connection more accessible to people living away from family, adjusting to new cities or seeking company during personal transitions. To ensure safety, meetings are restricted to verified residences or secure public locations, such as parks, malls and cafes. Companions undergo identity and background checks, police verification, psychometric assessments and specialised training. GetCompanion plans to expand into additional Indian cities. COTRAV BLACK enters premium live entertainment market COTRAV BLACK, an ultra-premium live-experiences platform, has announced its entry into India's luxury entertainment market. The brand will offer invite-only VIP enclosures at concerts, sporting events and cultural occasions, targeting business leaders, entrepreneurs and high-net-worth individuals. Its debut is scheduled for A.R. Rahman's concert at Mumbai's Jio World Centre on November 1, 2026. The experience will include curated guest lists, private viewing areas, personalised hospitality and premium food and beverage services. The initiative comes amid growth in India's organised live-events industry, which expanded 44% to Rs 14,500 crore in 2025 and is projected to reach Rs 19,600 crore by 2028. Backed by the group behind travel management company COTRAV, the platform also envisages selective partnerships with brands and financial institutions. Powerplay reports up to fourfold growth in platform spending after AI Adoption Construction technology platform Powerplay has reported up to fourfold growth in platform spending over approximately 18 months among customers adopting its AI agents. The Bengaluru-based company offers an AI Purchase Executive to help contractors compare supplier prices, track material requirements and check purchase orders against budgets. Its AI Credit Analyst helps organise project information and financing documents for loan applications through lending partners. Powerplay said its annualised marketplace transaction volume increased from approximately Rs 36 crore to around Rs 100 crore over the past year. Financing volume facilitated through lending partners grew more than eightfold from a small base, across four cities. The platform represents more than 40,000 construction firms and 85,000 projects. Founded by Iesh Dixit and Shubham Goyal, Powerplay is expanding its AI-led procurement and financing capabilities. Digi Yatra begins international passenger trials across seven Indian airports Digi Yatra has commenced trials to extend its digital identity platform to international air travel at seven Indian airports: Delhi, Bengaluru, Hyderabad, Kochi, Mumbai, Chennai and Amritsar. Running from October to December 2026, the three-month trial will allow Indian nationals holding e-passports and travelling on Air India and IndiGo international flights to use Digi Yatra at designated airport touchpoints, including terminal entry, security areas, and boarding gates, subject to infrastructure availability. The trials cover all international destinations served by Air India and select destinations served by IndiGo. Eligible passengers can create an e-passport-based Verifiable Credential through the Digi Yatra app by scanning their passport’s Machine Readable Zone, reading its embedded chip using a compatible smartphone’s NFC capability, and completing a selfie-based verification process. The passenger's device stores the credential in their Digi Yatra wallet, where they can use it at enabled touchpoints during the trial. Passengers must continue to carry their travel documents and complete mandatory airline document checks, immigration and other travel formalities. Trial feedback is expected to inform plans for a wider rollout in 2027.
YourStory brings you today's headlines and the latest news across sectors. Featured stories Naiyya Saggi on building EDT Naiyya Saggi, founder of consumer appliance and beauty-tech startup EDT (Everyday Design & Technology), is reimagining everyday products for Indian consumers. Founded in 2025 with co-founder Vyasateja Rao, the startup offers a range of devices for the home, kitchen and beauty segments. Its products include Luma, a programmable glass air fryer; Flow, a temperature-controlled glass kettle; and SUKI, a hair dryer designed to minimise hair damage. Saggi, who previously founded parenting platform BabyChakra and co-founded the Good Glamm Group, says EDT aims to address market gaps by combining thoughtful design with technology tailored to Indian consumers. Read more Sarvam AI signs five-year agreement with Defence Ministry to develop AI technology Indian AI startup Sarvam AI has signed a five-year agreement with the Ministry of Defence to develop artificial intelligence (AI) technology for the armed forces. The partnership aims to strengthen India's indigenous AI capabilities for defence applications and reduce dependence on foreign technology for sensitive military operations. Founded by Pratyush Kumar and Vivek Raghavan, Sarvam AI develops AI models and tools tailored to Indian languages and contexts. Its defence work comes amid the government's push to build homegrown AI systems for military applications, including intelligence analysis, surveillance, reconnaissance, and operational decision-making. The collaboration could help integrate indigenous AI capabilities into India's defence ecosystem. Read more Funding newsLive2.ai raises Rs 130 Cr to expand AI-led social commerce platform Bengaluru-based Live2.ai, which uses artificial intelligence (AI) to connect social media intelligence with marketing and commerce, has raised Rs 130 crore ($14 million) in a pre-Series B funding round led by venture capital firm IvyCap Ventures. The round includes fresh capital to fund expansion and a secondary component that gives early shareholders partial liquidity. Founded by J Venkat and Neha Suyal, Live2.ai helps brands monitor conversations across social media platforms, analyse trends, audit influencer content, publish campaigns and measure performance. Read more Maasi raises Rs 6 Cr to build a reliable nanny service for Indian parents Bengaluru-based childcare startup Maasi has raised Rs 6 crore in a pre-seed funding round led by Better Capital, alongside Antler India. Angel investors, including Rapido veteran Rishikesh SR, Shadowfax’s Vaibhav Khandelwal, Xoxoday’s Sumit Khandelwal, Siddhant Goyal, and Sanjay Ramakrishnan, also participated. Following its public launch on October 20, the startup says it attracted a waitlist of more than 4,000 parents within five days and has served over 1,200 parents through a network of more than 500 caregivers. Founded by Aashu Manchali, Gargi Pandey, and Reshov Roy, Maasi aims to solve the challenge of finding reliable childcare by offering verified, trained nannies. Mochatrade raises $5.5M to expand US markets trading platform for Indian users Mochatrade has raised $5.5 million in total funding for its US markets trading platform targeting Indian users. The funding was led by CoinFund, with participation from Coinbase Ventures, Zero Knowledge Ventures and other investors. Earlier backers include Y Combinator and Pioneer Fund. The platform aims to make trading linked to US-listed companies such as Nvidia and Tesla more accessible to Indian users. Mochatrade lets users fund accounts through UPI and track margins, profits, and losses in rupees. Its platform offers long and short positions through perpetual futures contracts linked to US company prices, without requiring users to open a US brokerage account or own the underlying shares. These contracts have no fixed expiry, and leverage lets traders take larger positions with less upfront capital, increasing both potential gains and losses. CopperPilot raises $390K to build AI design agent for electronics hardware CopperPilot, an AI-powered design agent for electronics hardware, has raised $390,000 in a pre-seed funding round led by Neon Fund, with participation from US-based angel investors. The startup also announced the release of the first version of its design agent, codenamed Epsilon, which is now available to hardware engineers. CopperPilot says its weekly active users have grown 25-fold since August 2026, and it has run more than 6,000 design tasks, or artefacts, on the platform to date. The startup aims to simplify electronic circuit board design by automating tasks such as reading component datasheets, selecting parts, drawing schematics and routing circuit boards. These processes can take engineers several weeks and cost thousands of dollars before they have a first prototype. CopperPilot aims to reduce this timeline to hours, helping hardware teams accelerate product development and reduce engineering workloads. dubdub raises $1.3M seed round led by 3one4 Capital, others dubdub, a swipe-based trivia and puzzle app, has raised $1.3 million in a seed funding round led by 3one4 Capital, Antler and Stellaris Venture Partners. Founded by second-time entrepreneurs Kaustubh Priye and Supan Shah, who previously built and sold health-tech company Aldun to Care.Fi, the startup plans to use the funds to expand its product and engineering teams, introduce new interactive formats and improve personalisation. Launched in March 2026, dubdub has crossed 20,000 downloads. The app aims to replace passive scrolling with interactive content, including questions, puzzles and mini-games across more than 20 categories, such as cricket, Bollywood, pop culture, mythology, general knowledge and logical reasoning. It uses AI and user interactions to personalise challenges, while letting users compete with friends, compare scores, and share their experiences. Nova Spectral AI Raises Rs 21.15 Cr in seed round Bengaluru-based deeptech startup Nova Spectral AI has raised Rs 21.15 crore in a seed funding round led by Shastra VC, with participation from Equirus InnovateX Fund and angel investors. The company is developing a quantum dot-based short-wave infrared (SWIR) image sensor chip designed for drones, surveillance systems, robots, autonomous vehicles and other physical AI applications. Its technology uses indium arsenide quantum dots and CMOS-compatible manufacturing processes to target sensor costs up to 100 times lower than conventional indium gallium arsenide technology. The startup aims to reduce India's dependence on imported infrared sensors while making advanced imaging more affordable. Co-founder and CEO Anish Priyadarshi said the funding would support team expansion and development of a field-ready prototype within 18 months. Tensrai Secures investment from Finvolve and India Accelerator Hyderabad-based Physical AI startup Tensrai has secured an undisclosed investment from venture capital fund Finvolve and India Accelerator. The company will deploy the capital towards technology development, engineering, customer deployments and market expansion. Founded in 2022, Tensrai is developing a unified autonomy platform that enables industrial and commercial robots and vehicles to perceive, navigate, learn and perform physical tasks. Its technology combines AI-based localisation, intelligent navigation and mission planning, including operations in GPS-denied environments. The startup is also developing capabilities that allow robots to learn tasks through human demonstrations. Its applications include material movement, cleaning and robotic manipulation across factories, warehouses, hospitals and commercial campuses. Tensrai's business model includes robot sales, retrofitting, Robot-as-a-Service and customised solutions. Other newsAleph appoints Medhavi Singh as India Country Head Global digital advertising and fintech solutions company Aleph has appointed Medhavi Singh as its Country Head for India. The appointment reflects the company's focus on India's digital economy and the country's growing importance in the Asia-Pacific region. Singh brings over 15 years of experience across digital advertising, retail media, quick commerce and revenue strategy. She joins Aleph after nearly nine years at Criteo, where she most recently served as Country Head for India and helped grow the company's business in the market. Before Criteo, she spent nearly five years at Google in account strategy and analytical leadership roles across India, the UK, and the US. She holds a degree in computer science engineering and an MBA. Protectt.ai acquires majority stake in Bosch-incubated AIShield Cybersecurity company Protectt.ai Labs has made a strategic investment in AIShield, an AI security platform incubated within Bosch Global Software Technologies (BGSW), becoming its majority shareholder. The investment comprises a primary share issuance and a secondary purchase from existing investors. Following the transaction, AIShield will operate as an independent entity, AI Shield Private Limited (AISW), under Protectt.ai. The capital will support AIShield's research and development, international expansion and development of sovereign AI security capabilities as organisations increasingly seek to secure AI systems against emerging cyber threats. Skydo gets IFSCA authorisation to expand cross-border payment services Cross-border payments platform Skydo has received final authorisation from the International Financial Services Centres Authority (IFSCA) to operate as a Payment Service Provider (PSP) at Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC). The approval follows the in-principle authorisation granted in May 2026 and enables the company to develop a broader range of cross-border payment products. Skydo plans to introduce multi-currency accounts, merchant acquiring and collections, and payment infrastructure for exporters, investment platforms and trade finance companies operating in the IFSC. One proposed offering is a multi-currency account that will allow eligible Indian exporters to collect and hold foreign currency, use it to pay overseas suppliers, or convert it into rupees when required, subject to regulatory requirements. TagMango partners with ClickFunnels to launch Backstage Pass for creators TagMango, a Y Combinator-backed creator monetisation platform, has launched Backstage Pass in partnership with ClickFunnels, a sales-funnel platform whose users have generated over $11 billion in sales. TagMango works with more than 10,000 creators and has reached over 15 million users, while ClickFunnels has a community of more than 150,000 customers. Unveiled at Funnel Hacking Live in Las Vegas, Backstage Pass will initially target the US market before expanding to India. The platform aims to help creators engage and monetise their audiences directly, without relying on social media algorithms for visibility. Mudrex report maps India's real-world asset tokenisation landscape Crypto investment platform Mudrex has released The Builder’s Guide to RWA Tokenization in India, a report examining the state of real-world asset (RWA) tokenisation across seven asset classes: commodities, currencies, bonds, equities, real estate and land, credit, and energy. The report finds that India has established much of the public infrastructure required for tokenisation, with the next phase of growth depending on businesses developing solutions using these existing systems. According to the report, bonds and energy have seen government-led pilots, while Maharashtra has committed to introducing a land-tokenisation law. In credit, market participants have explored blockchain-based warehouse-receipt lending and invoice tokenisation through the Reserve Bank of India's sandbox. However, commodities, currencies and equities remain largely untapped opportunities. The report highlights the potential
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