From MobiKwik swinging to revenue to OpenAI and Snowflake’s new AI partnership, YourStory brings you at present’s headlines with the newest developments throughout sectors.
Featured tales
Why STT charge revision is inflicting panic amongst inventory market merchants and brokerages
In the course of the Union Finances, Finance Minister Nirmala Sitharaman introduced a big improve within the Securities Transaction Tax (STT) levied on derivatives buying and selling, inflicting fairly a stir amongst merchants and brokerages, which is able to come into impact from April 1, 2026.
YourStory explains what this implies for merchants and brokerages.
Learn the complete story right here.
How The Istri Challenge helps ironing distributors swap from coal to LPG and improve their revenue
For years, roadside ironing distributors have labored by smoke and soot from coal-fired irons, impacting their well being and earnings. The Istri Challenge by Udhyam Vyapaar, beneath the Udhyam Studying Basis, helps them swap to LPG—slicing prices, cleansing the air they breathe, and boosting revenue.
Learn the complete story right here.
Additionally Learn
Giant deal exercise boosts VC funding in Jan 2026 by 30%
Newest information
MobiKwik swings to revenue in Q3 on cost-cutting measures
Digital funds agency MobiKwik has posted a revenue after tax of Rs 3.94 crore in Q3 FY26, reversing a lack of Rs 55.75 crore in the identical interval a 12 months earlier, as the corporate sharply diminished key working prices regardless of modest top-line progress.
The fintech platform’s income from operations rose 7.23% to Rs 288.94 crore from Rs 269.47 crore in Q3 FY25, based on its monetary statements.
Learn the complete story right here.
OpenAI, Snowflake announce $200M AI partnership
ChatGPT maker OpenAI and cloud-based information platform Snowflake have introduced a $200-million multi-year partnership to bridge the hole between synthetic intelligence (AI) and the proprietary information held by international organisations.
By integrating OpenAI fashions natively into the Snowflake platform, the collaboration seeks to offer a safe setting the place companies can construct and deploy high-impact AI brokers.
SpaceX acquires xAI as Musk plans to push AI ambitions into orbit
Elon Musk-led SpaceX has acquired xAI, bringing the billionaire’s synthetic intelligence (AI) enterprise beneath the identical company roof as his rocket and satellite tv for pc enterprise.
The transfer is a strategic step to couple superior AI with SpaceX’s launch and satellite tv for pc infrastructure.
Learn the complete story right here.
Funding information
Loop AI raises $14 M in Sequence A spherical led by Nyca Companions
Loop AI, an enterprise AI platform centered on back-office operations of eating places and retail companies, has raised $14 million in a Sequence A funding spherical led by Nyca Companions.
The spherical additionally noticed participation from Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Knowledge Tech Fund, John Pepper, 9Yards Capital and Operators Studio. Osama Bedier, funding companion at Nyca Companions and a former govt at Google and GoDaddy, will be part of Loop AI’s board as a part of the funding.
Equirus InnovateX Fund participates in Neverinstall’s seed spherical
Early-stage enterprise fund Equirus InnovateX Fund has participated in Neverinstall’s seed spherical. Neverinstall is a cloud PC platform that allows enterprises to stream any software to any gadget by an internet browser.
The seed funding will likely be used to speed up deeptech infrastructure improvement and strengthen enterprise safety capabilities.
Neverinstall has appointed Ramesh Gopal Krishna, a gross sales chief from Microsoft, Meta and Salesforce, because the chief income officer.
Regeno raises funding from Yohan & Michelle Poonawalla of the Poonawalla Group
Tamil Nadu-based Regeno has raised funding from industrialists and philanthropists, Yohan and Michelle Poonawalla.
The funding will likely be used to speed up the corporate’s skill to ship sustainable supplies at scale, develop its analysis, and convey regenerative packaging options to industries.
Different information
Ashiana Care Properties companions with Epoch Elder Care to strengthen senior care
Actual property developer Ashiana has partnered with assisted residing and dementia care supplier Epoch Elder Care.
Below this partnership, Ashiana will assist develop purpose-built senior residing communities with Epoch Elder Care’s operational experience in assisted residing, evidence-based care, and caregiver-led service supply.
Epoch Elder Care will assume full operational accountability for Ashiana Care Properties in Bhiwadi, bringing its medical protocols and person-centred care mannequin to the ability, guaranteeing residents obtain structured, personalised medical and non-medical care inside a safe and supportive setting.
ImagiNxt 2026 companions with MeitY Startup Hub
ImagiNxt 2026, India’s Pageant of Know-how and Innovation, has entered right into a partnership with MeitY Startup Hub (MSH).
As a part of the collaboration, MeitY Startup Hub will contribute to ImagiNxt 2026’s startup-led programming, coverage conversations, and curated ecosystem engagements, enabling deeper participation from founders, innovators, and ecosystem establishments.
Scheduled for Might 22–23, 2026 at Jio World Centre, ImagiNxt 2026 is being constructed as a world convening the place know-how, enterprise, coverage, science, and creativity intersect, with a powerful emphasis on scalable, inclusive, and future-ready innovation.
Elevate your perspective with NextTech Information, the place innovation meets perception.
Uncover the newest breakthroughs, get unique updates, and join with a world community of future-focused thinkers.
Unlock tomorrow’s developments at present: learn extra, subscribe to our publication, and turn into a part of the NextTech neighborhood at NextTech-news.com
