From the story of an accidental matchmaker to funding news and more, YourStory brings you today’s headlines with the latest developments across sectors.
Featured stories
The accidental matchmaker: how a PhD in hydrodynamics built an elite matrimonial service
Anil Kumar does not look like a matchmaker. He looks like what he once was: a researcher who spent years on US Navy supercomputers solving Reynolds-Averaged Navier-Stokes equations, a consulting engineer who spent seven years advising clients in the marine industry from a boutique firm in Seattle, a Chicago Booth MBA who received the Dean’s Award of Distinction. His WhatsApp status reads: “Have an ask? Please get straight to the point. Don’t send me a plain, ‘Hi/Hello/Hey’ & expect a response. Friends know that it peeves me.”
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Funding news
Agilitas gets Rs 225 Cr funding from Nexus Venture, Rainmatter
Sportswear platform Agilitas has raised Rs 225 crore from Nexus Venture Partners and Rainmatter by Zerodha. The round includes a Rs 200 crore follow-on investment from Nexus, the venture capital firm that backs digital-native businesses in India and the US, and a Rs 25 crore investment from Rainmatter, Zerodha’s long-term startup funding arm.
The Bengaluru-based company founded by Abhishek Ganguly, Atul Bajaj and Amit Prabhu, plans to use the capital to strengthen manufacturing, brand building, retail and technology.
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Homebuyer advisory platform Propsoch raises $2M in seed funding
Propsoch, a Bengaluru-based homebuyer advisory platform, has raised $2 million in seed funding from Athera Venture Partners, Sparrow Capital, and Vakil Group. The company plans to use the funds to strengthen its research and advisory capabilities, expand its team, and enter new markets.
Founded by Ashish Acharya and Ravi Agrawal, Propsoch offers a buyer-focused, data-driven approach to property selection, evaluating homes across more than 80 factors including builder credibility, construction quality, project efficiency, and appreciation potential. The company combines proprietary analytics, industry expertise, and consumer feedback to support homebuyers with independent recommendations.
Zuvees bags Rs 15 Cr as part of Series A funding
Zuvees, a cross-border gifting platform, has raised Rs 15 crore from IvyCap Ventures as part of its ongoing Series A round, taking total funding to Rs 30 crore. The company plans to raise Rs 60 croree to Rs 80 crore in the round to support technology development, international expansion, and operational growth.
Founded by Vijaykumar Ghadge and Abhishek Daiya, Zuvees uses AI-driven personalisation, curated product selection, and proprietary logistics capabilities to improve the gifting experience, particularly for international customers. The latest funding will be used to enhance its recommendation engine, supply-chain infrastructure, and customer intelligence systems.
Student startups at Tet College of Business collectively raise R1 Cr seed funding
Student-founded startups created by international students at Tetr College of Business have collectively raised more than Rs 1 crore in seed funding from entrepreneurs, investors, and senior industry executives.
The ventures operate across consumer categories including food and beverages, beauty, home care, sustainability, and wellness. The funding has been earmarked for product development, manufacturing, supply-chain expansion, and market growth.
The startups were developed from concept to market, with students managing branding, production, distribution and sales.
Other news
Meesho, BSE partner to help MSMEs become IPO-ready
Meesho has partnered with BSE to launch Project Shikhar, an initiative aimed at helping MSMEs on its platform become publicly listed companies through the BSE SME platform.
Formalised through a memorandum of understanding, the programme will support high-performing ecommerce sellers in becoming investor-ready by providing structured guidance across key IPO-readiness milestones.
The collaboration is intended to improve access to institutional capital for digital-first businesses and support their transition from privately owned enterprises to publicly listed companies.
Paytm founder Vijay Shekhar Sharma backs AWE Funds
Vijay Shekhar Sharma has joined AWE Funds, an early-growth venture capital platform, as an investor. The platform is focused on deeptech and technology-led startups across climate, healthcare and the future of work.
Sharma's participation strengthens AWE Funds’ network of entrepreneurs, operators, and ecosystem leaders supporting innovation-driven startups. The fund focuses on backing companies addressing large-scale challenges through scalable technologies with long-term growth potential, particularly in areas such as AI, climate-tech, enterprise technology, healthcare innovation, and future-of-work solutions.
Plum announces Rs 15 Cr maiden ESOP buyback
Plum has announced its first employee stock ownership plan buyback programme worth Rs 15 crore, allowing 199 current and former employees to sell up to 25% of their vested ESOPs.
Eligible participants include 73 current and 126 former employees, with 17 expected to receive payouts exceeding Rs 20 lakh. The programme extends to former interns and early team members. Current employees will receive full fair market value without exercise costs or discounts.
Green Drive Mobility, Montra Electric, and TVS Vehicle Mobility partner
Green Drive Mobility, in partnership with Montra Electric and TVS Vehicle Mobility, has deployed 100 EVIATOR 350 electric refrigerated trucks across India to support More Retail’s quick-commerce operations.
The rollout expands the use of electric vehicles in urban cold-chain logistics, where reliable temperature control and operational efficiency are critical. The EVIATOR 350 features an integrated refrigeration system capable of maintaining temperatures between -25°C and +25°C, allowing transport of perishable and temperature-sensitive goods.
Bombay Shirt Company to open flagship store in Chennai
Bombay Shirt Company is to open a 2,500 sq ft flagship store in Chennai, introducing a new retail concept called The Den. The space combines the brand’s custom-made and ready-to-wear menswear offerings with hospitality-focused features, including a café developed in partnership with KUP Coffee Roasters and a dedicated gelato bar.
The store offers a complete menswear range spanning shirts, trousers, denim, knitwear, outerwear, and seasonal collections. Customers can also access personalised styling, a wide selection of premium fabrics, and in-house tailoring services for made-to-measure garments.
Located on Khader Nawaz Khan Road in Nungambakkam, the store is part of the company’s ongoing expansion across India.
Bombay Shirt Company's 2,500 sq ft flagship store in Chennai." align="center">Bombay Shirt Company's 2,500 sq ft flagship store in Chennai.
Truecaller partners with Gupshup
Truecaller has partnered with Gupshup to expand the availability of its Business Messaging platform across India, Egypt, Nigeria, South Africa and other international markets. The collaboration aims to help enterprises move beyond traditional SMS by enabling verified, rich-media communication through the Truecaller platform.
Key features include verified sender identities with brand logos and verification badges, support for images, videos and documents, one-tap actions for tasks such as OTP verification and order tracking, and priority notifications for time-sensitive updates. The partnership combines Gupshup’s enterprise reach with Truecaller’s messaging technology.
Veranda K-12 partners with Kauvery Hospitals
Veranda K-12 has announced a partnership between BVM Global Schools and Kauvery Hospital, a multi-speciality healthcare provider in Tamil Nadu and Bengaluru, to strengthen on-campus healthcare support for students.
Under the arrangement, Kauvery Hospital will provide qualified nursing staff, essential medical infrastructure, primary healthcare protocols, and emergency response support across BVM Global Schools.
The partnership establishes a structured framework covering healthcare delivery, student safety, and operational responsibilities to ensure timely medical assistance within school premises. The initiative forms part of Veranda K-12’s broader effort to enhance student well-being by integrating health and safety measures into the school environment alongside academic development.
New Relic showcases capabilities developed with Microsoft at Build 2026
AI-powered observability platform New Relic has highlighted new AI and observability capabilities developed through its long-running partnership with Microsoft at Build 2026, alongside strong growth in Azure Marketplace bookings.
The company has expanded integrations with Microsoft Azure and GitHub to help enterprises monitor AI applications, automate incident detection, and reduce resolution times. Key additions include integration of New Relic’s observability insights into Azure SRE Agent workflows, monitoring for Microsoft Foundry, and security and deployment tools for GitHub Copilot and GitHub Actions.
Redrob AI launches AI-powered platform in India
Redrob AI has launched an AI-powered professional platform in India, built specifically for the Indian workforce. It combines six core functions within a single interface: job search, AI assistance, resume creation, research, productivity tools, and workflow automation.
The platform claims to support more than 30 Indian languages and is designed around local work and communication patterns, particularly benefitting users in Tier II and III markets. It provides access to more than 790 million profiles and 20 million job listings. It targets students and early- to mid-career professionals.
VenturEdu’s roadshow to find next-gen founders
Education platform VenturEdu has launched Jumpstart, a three-month roadshow across 25 Indian cities to identify candidates for its 14-month residential post-graduate programme in entrepreneurship.
The programme is open to students, working professionals, family business successors. and early-stage founders. The selection process focuses on entrepreneurial potential rather than academic background.
Shortlisted candidates will join a Gurugram-based programme featuring practical entrepreneurship modules, an international immersion in Dubai or Singapore, and mentorship through an eight-week engagement with startup leadership teams.
(This article will be updated with the latest news throughout the day.)