Namaskara, Bengaluru!
India’s tech capital is buzzing. TechSparks 2026 kicks off today, where the rules of technology are being rewritten, live from Taj Yeshwantpur.
Under this year’s rallying cry, ‘The New Tech Order,’ YourStory’s 17th edition is bringing together 10,000+ visionaries, 500 speakers, 1,000 startups, and 300 investors. We aren't just discussing the future of AI, deep tech, and digital infrastructure—we're asking: who gets to build it, and how fast can it scale to billions?
From Zoho’s Sridhar Vembu setting the tone on why prosperity cannot be imported and why sovereign tech is India's ultimate shield to CTOs from ShareChat, Angel One, Amagi, and Innovaccer discussing India’s next technological moat beyond cheap talent and massive scale, the event covers a wide range of topics.
In a conversation with Shradha Sharma, Founder and CEO, YourStory, Priyank Kharge, Minister for Home, IT, BT & E-Governance, Government of Karnataka, will discuss Karnataka’s new tech-state playbook and how India’s startup capital can learn to govern and secure new technology, not just build it.
And don’t miss the official launch of this year's batch of India’s top 30 early-stage innovators setting the agenda for the next decade.
In other news, The Wealth Company Alternates said that its Bharat Value Fund, a Category II AIF, has invested about Rs 400 crore in homegrown sports brand Boldfit as part of its Series B funding round.
Lastly, Tonbo Imaging India plans to open its Rs 852 crore initial public offering (IPO) on October 15, with a price band of Rs 665-700 per share. The issue comprises 1.22 crore existing shares offered for sale by promoters and investors, with no fresh issue. Incorporated in 2003, the Bengaluru-based company develops thermal imaging equipment, tactical sights and integrated defence sensor platforms.
In today’s newsletter, we will talk about
- Meet IndianRaga founder Sriram Emani
- Zetwerk sets price band of Rs 143–151 a share
Here’s your trivia for today: Which noble gas, named after the Greek word for "hidden," is used to produce blue-white lasers in semiconductor manufacturing? (Scroll down for the answer)
Music
Meet IndianRaga founder Sriram Emani
Having established IndianRaga as a premier global platform for Indian performing arts—fostering thousands of artistic collaborations across the world—Sriram Emani is broadening his creative focus into cinematic storytelling. His debut short film, Jam Boy, marks a strategic pivot into narrative filmmaking aimed at exploring nuanced South Asian experiences and dismantling conventional diaspora tropes.
Key takeaways:
- Set against a speculative sci-fi backdrop where societal standing and immigration status are driven by algorithmic credit metrics, Jam Boy serves as a psychological portrait of an immigrant coder struggling under systemic erasure.
- IndianRaga, headquartered in Boston, Massachusetts, also offers a Raga Fellowship that selects artists through a competitive international panel to create professionally produced collaborative performances.
- With Jam Boy, Emani is beginning to explore his next chapter, combining his experience of building a platform for South Asian arts with a larger ambition to bring South Asian stories into mainstream global entertainment.
News
Zetwerk sets price band of Rs 143–151 a share, targets Rs 5,012 Cr
Zetwerk, the Bengaluru-headquartered manufacturing marketplace, has set a price band of Rs 143–151 per share for its initial public offering (IPO), targeting a valuation of Rs 25,583 crore.
The IPO comprises a fresh issue of shares and an offer for sale (OFS). The company has expanded the size of the public issue to Rs 5,012 crore.
Key takeaways:
- The fresh issue has been increased from Rs 2,600 crore to Rs 2,830 crore, while the OFS component has been expanded from 9.68 crore shares to 14.45 crore shares.
- Early investors, including Peak XV Partners, Lightspeed Venture Partners, Accel India, and Kae Capital, have increased the number of shares they plan to sell.
- Zetwerk’s promoters, Amrit Acharya and Srinath Ramakkrushnan, will sell 1.42 crore shares, while promoter group entity Creovate Innovation will offload 2.30 crore shares.
News & updates
- Nobel prize: Robert E. Hall and Michael Woodford have been awarded the Nobel memorial prize in economics for developing models used by central banks and governments to manage periods of boom and bust.
- AI chips: Microsoft unveiled its next-generation custom AI chip on Monday, revealing plans to deploy over one million units next year to power its internal AI workloads.
Which noble gas, named after the Greek word for "hidden," is used to produce blue-white lasers in semiconductor manufacturing? (Scroll down for the answer)
Answer: Krypton
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