From India’s artificial intelligence (AI) opportunity to how a Bengaluru hospital is paying doctors for recovery, not procedures, here are the latest developments across sectors.
Featured Stories
India's next tech edge according to CTOs
India’s technology industry has long relied on talent, cost efficiency and scale. But as artificial intelligence makes advanced tools more accessible, these advantages alone may no longer be enough to differentiate companies.
The next edge, according to technology leaders at TechSparks 2026, will come from how effectively companies use AI to solve specific problems, understand customers and build products that are difficult to replicate.
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Funding News
Even Healthcare raises $50M in Series B round
Bengaluru-based managed care company Even Healthcare has raised $50 million in a Series B round led by existing investor Khosla Ventures. Alpha Wave also participated in the round.
According to the company, the round values it at three times its valuation 18 months ago and brings its total funding to more than $120 million.
The money will go towards five new Even hospitals in Bengaluru over the next six months, beginning with Indiranagar. The company runs two hospitals in the city at present.
The Pant Project bags Rs 109 Cr to accelerate retail expansion
The Pant Project, a premium menswear label specialising in trousers and other bottomwear, has raised Rs 109 crore in a Series B funding round led by Mirae Asset Venture Investments.
Existing investor Sorin Investments also participated, alongside family offices and angel investors including Anisha Saraf, B&K Securities, MGA Ventures and B2V Ventures. The company has also secured venture debt from Alteria Capital, with IndigoEdge advising on the equity transaction.
Founded by brothers Dhruv and Udit Toshniwal, The Pant Project began as a digital-first business focused on fit, fabric performance and comfort for Indian men. Its products include Malai Pants and Inklock No Fade Black Jeans, and it sells through its website, Myntra, Amazon and physical stores.
Other News
AngelBot AI launches TeamSync to secure enterprise knowledge with AI-powered search
AngelBot AI has launched TeamSync, an AI-native platform designed to help enterprises securely search, manage and extract insights from fragmented documents and information repositories.
The platform combines natural-language document interaction, semantic search and permissions-aware AI, with citations and audit trails to support reliable information access. Its capabilities also include metadata extraction, electronic signatures, contract lifecycle management and eDiscovery.
Targeting mid-sized and large enterprises across regulated and document-intensive sectors, TeamSync offers subscription-based software, platform licensing and implementation services. The launch builds on AngelBot AI’s document management work, including IMIR, which has received recognition from the Indian Air Force.
VETO launches sports carnival, offers 300+ hours of subscription-free live sports
VETO, India’s subscription-free OTT platform, has launched the VETO Sports Carnival, offering more than 300 hours of live sports streaming across cricket, football, weightlifting and tennis during October and November.
The line-up includes an international ODI tri-series, Test matches, the IWF World Senior Championships, SAFF Championship, Billie Jean King Cup Play-offs and Davis Cup Finals.
The initiative expands VETO’s live sports portfolio as it seeks to make international sporting events accessible to Indian audiences without a subscription fee. The platform also offers 60+ live TV channels across 12 languages and more than 10 content genres.
Yes Madam revenue hits Rs 402 Cr annualised run rate, grows 3.9x in two years
At-home beauty and wellness platform Yes Madam has reported a 3.9-fold increase in revenue and 3.5-fold growth in Net Transaction Value (NTV) between Q2 FY25 and Q2 FY27. The company’s annualised revenue run rate reached Rs 402 crore, while its NTV run rate stood at Rs 836 crore.
In Q2 FY27, revenue rose 69% year-on-year to Rs 79.4 crore, while NTV grew 75% to Rs 165.8 crore.
Founded in 2016, Yes Madam operates across more than 55 cities with a network of 10,000-plus service professionals. The company plans to expand services, strengthen its network and invest in technology.
So/Facet raises Rs 10 Cr seed funding led by Sauce to build lab-grown diamond jewellery brand
So/Facet, a premium lab-grown diamond jewellery brand founded by former Unilever executives Aarushi Agrawal Naulakha and Abhishek Naulakha, has raised Rs10 crore in a seed funding round led by Sauce.
The company will use the capital for brand building, design, technology, hiring and an omnichannel retail expansion. Set to launch online in November 2026, So/Facet plans to open more than 30 premium stores over three years.
The brand aims to position lab-grown diamonds as expressions of personal style rather than jewellery reserved for traditional milestones. Its six launch collections feature IGI-certified diamonds and contemporary, in-house designs.
Guttify targets Tier II markets in three states, eyes 5x growth in annual recurring revenue
Gut-health startup Guttify plans to expand into select Tier II markets across Uttar Pradesh, Rajasthan and Punjab through pilot initiatives in FY27, targeting fivefold growth in annual recurring revenue (ARR).
The company has served over 30,000 consumers and reported 67% quarter-on-quarter growth. Its Rs 399 DIY Gut Scan Kit sold approximately 15,000 units between January and August 2026, with around half of buyers subsequently purchasing other products.
Guttify plans to expand its portfolio with products including Poopie, a fibre-based constipation-support product, and RISE, a morning greens blend, while strengthening personalised recommendations, consumer education and expert guidance.
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