Meta to Start AI Chip Production to Boost Compute Capacity
Meta Platforms will start producing its custom "Iris" AI chip in September 2026. The move is designed to help the company double its computing capacity to 14 gigawatts by 2027, red...
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WowNews24x7
Startup News
Funding rounds, launches and founder stories from India's startup ecosystem.
Startup News: page 11
United Drilling Tools Secures Repeat Export Order From Brazil
United Drilling Tools Ltd. has secured a repeat export order worth approximately ₹9.3 million for the supply of casing pipes with multi-start connectors to Petrobras, Brazil. The o...
Phoenix Mills Shares Gain as Q1 Performance Shows Robust Growth
The Phoenix Mills Limited reported a strong start to FY27, marked by a 32% year-on-year growth in retail portfolio consumption and improved occupancy across its commercial office s...
Lion Cub Named 'Lionel' Honors Messi During Vantara Visit
During a December 2025 visit to India’s Vantara wildlife center, football legend Lionel Messi was honored by founders Anant Ambani and Radhika Merchant, who named a rescued lion cu...
DeepSeek Steps Into Hardware Race with Proprietary AI Chip Development
Hangzhou-based AI startup DeepSeek is developing a custom AI chip optimized for inference to reduce reliance on external hardware. The project, in its early stages, involves partne...
IHCL Expands Portfolio with 20 New Signings in Q1 FY2027
The Indian Hotels Company Limited (IHCL) reported a strong start to FY2027 with 20 new hotel signings and 11 openings in Q1. The hospitality major continues to leverage its diverse...
Nifty 50 Index Rises 0.14% in Mumbai Pre-Open Trade Ahead of Expiry
The Nifty 50 index rose 0.14% in Mumbai pre-open trade on Tuesday, July 7, 2026, supported by a 0.07% gain in Nifty futures and strong banking momentum led by HDFC Bank. The positi...
Actor Kunal Kapoor Launches Metabolic Health Startup MetaGO
Actor Kunal Kapoor has launched MetaGO, a doctor-led metabolic health startup focused on managing obesity and Type 2 diabetes. Co-founded with Ketto’s leadership, the platform comb...
Nifty 50 Faces Cautious Opening as Investors Weigh Global Cues
Indian markets face a cautious start on July 6, 2026, following a three-day rally. Investors are balancing domestic monsoon developments and upcoming June-quarter earnings against...
Alpha Box Office Day 2: Alia Bhatt Starrer Faces Challenging Weekend
Alpha, the first female-led film in the YRF Spy Universe starring Alia Bhatt and Sharvari, has seen a modest start at the box office. With a first-day net collection of ₹9.25 crore...
WOW STORY OF THE DAY: Three Bengaluru Engineers Built a Cricket Sensor Used by Rajasthan Royals and Raised $4.19 Million in Funding
Gagan Daga, Rahul Nagar, and Madhusudan Ranganathan founded Str8bat in Bengaluru in 2017, inventing an IoT-enabled smart cricket bat sensor that captures critical technical data in...
The AI Law Is Coming: What MeitY’s Historic Shift Means for Startups and Consumers
MeitY Secretary S. Krishnan announced that India is moving to draft a dedicated legal framework for artificial intelligence, marking a major departure from its light-touch approach...
Ashwini Vaishnaw to Launch Bullet Train Tunnel Work in Mumbai
Union Railway Minister Ashwini Vaishnaw has officially launched the tunnel excavation work for the Mumbai-Ahmedabad Bullet Train project. The milestone marks the start of boring on...
Alpha Box Office Collection Day 1: Film Opens to Rs 9 Crore
The YRF Spy Universe's first female-led film, Alpha, opened to a slow start, earning Rs 9 crore net in India on Day 1. While it doubled the opening of Alia Bhatt’s Jigra, mixed rev...
WOW STORY OF THE DAY: Two Engineers From Hubballi Built the World's First Subwoofer Headphones and Made It to Forbes 30 Under 30
Navajith Karkera and Jagath Biddappa, co-founders of Rapture Innovation Labs, created Sonic Lamb in Hubballi, Karnataka in 2018. Their patented Hybrid Driver Technology combines ai...
IDFC FIRST Bank Reports Robust Growth in Q1 FY27
IDFC FIRST Bank has reported a strong start to FY27, with total deposits rising 17.7% and loans increasing 20.6% year-on-year for the quarter ending June 30, 2026. This growth, dri...
WOW STORY OF THE DAY: He Visited 100 Hospitals Across India, Found the Same Gap Everywhere, and Built a Device That Saved 8,000 Lives
Arun Agarwal, the founder and CEO of Janitri, grew up in Alwar, Rajasthan, witnessing preventable maternal and newborn deaths in his local community. Driven to find a solution, he...
FOMO TO FMA - Gift Nifty Signals Optimism as Corporate India Powers Ahead with Expansion, Capital Raising and Strong Operational Growth
Global markets presented a mixed picture, with Gift Nifty indicating a firm start despite weakness across major Asian indices. Domestic institutional buying outweighed FII selling,...