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Startup news and updates: daily roundup (April 15, 2026)

Startup news and updates: daily roundup (April 15, 2026)

Your Story 1 day ago

From Pixeldust Technologies building enterprise-grade platforms at record pace to GE Aerospace Bengaluru driving AI innovation in aviation, YourStory brings you today's headlines with the latest developments across sectors.

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How Pixeldust Technologies is building enterprise-grade platforms in record time

Pixeldust Technologies was created to solve a problem that Rahul Jain noticed plagued most enterprises.

He recognised that enterprises often rely on multiple vendors for design, engineering, data,etc. This disconnected workflow would lead to delays, inconsistent quality, and execution gaps. So in 2018, Jain co-founded Pixeldust Technologies, a Mumbai-based startup, with Sandip Baradiya, Mohammed Sunasra, and Tapan Vaghela to address that gap.

Its goal being, to help organisations build cohesive digital platforms.

GE Aerospace's Bengaluru centre drives AI innovation

The story of GE Aerospace, the global powerhouse for aircraft engines, in India began in the year 2000 when it established the John F. Welch Technology Centre in Bengaluru, its first such centre outside of the US.

As AI reshapes the aerospace industry, the Bengaluru centre finds itself at the forefront of innovation. From designing engines to operations and even maintenance, AI solutions have streamlined workflows in the company. AI, for example, has improved issue detection by 45% or reduced false alerts by 50%.

Latest news

IITM Pravartak, Sarvam AI partner for sovereign AI deployment

AI startup Sarvam AI and IITM Pravartak Technologies Foundation have announced a new partnership that is part of a push towards building sovereign AI in India.

The collaboration aims to design and deploy AI systems for government and industry that are rooted in Indian data, languages and infrastructure, highlighting a wider national effort to reduce reliance on external technology ecosystems.

Funding news

GobbleCube raises $15M in Series A led by Susquehanna Venture Capital

GobbleCube, the Gurugram-based AI startup building agentic platforms for digital commerce, has raised $15 million in a Series A funding round led by Susquehanna Venture Capital.

Founded in 2022 by Manas Gupta, Srikumar Nair, and Nitesh Jindal, former leaders at Blinkit, GobbleCube builds agentic AI platforms for digital commerce. The platform acts as a "state-aware operating layer" for brands that helps bridge the gap between marketing and supply chain workflows.

GobbleCube said it currently supports more than 30 platforms across India, MENA, and LATAM, and plans to expand into the US, China, and Southeast Asia.

Ivory raises $1M in fresh funding

Mumbai-based Ivory has raised $1 million in fresh funding, onboarding new investors such as Draper Associates and Small Industries Development Bank of India to deepen its product, clinical, and IP capabilities.

The startup focuses on early cognitive screening, an area that remains underdiagnosed in India despite rising health awareness and they plan to use the funding to strengthen their technology and clinical capabilities while expanding its product offerings.

NSRCEL, Pernod Ricard incubation programme disburses Rs 95 lakh grants

NSRCEL and Pernod Ricard India Foundation have concluded the third cohort of their circular economy incubation programme, through this programme the cohort, which was made up of 10 startups, collectively receiving Rs 95 lakh in grant funding, along with mentoring, industry access, and strategic support.

Now on its 3rd consecutive year, The partnership continues to back startups in areas such as climate-smart agriculture and waste circularity, with a focus on developing scalable solutions aimed at addressing environmental challenges.

Other news

Gupshup launches Superagent

Gupshup has launched Superagent, an AI system designed to automate customer interactions across messaging and voice platforms.

The platform functions as an end-to-end orchestration tool, capable of designing campaigns, managing customer journeys, setting up messaging infrastructure, and processing transactions while analysing performance.

It works across most messaging channels (in most languages) including WhatsApp, RCS, SMS, Truecaller, Telegram, Instagram, PSTN voice, and WhatsApp voice.

Alongside this, Gupshup has also launched Superclaw, a self-hosted version aimed at businesses prioritising data control, reflecting growing demand for privacy-focused AI deployments.

Flipkart partners up with Uber

Flipkart has partnered with Uber to extend its SuperCoins rewards programme on everyday rides allowing users to earn a percentage of their fares as credits.

The Users who link their accounts can earn 4% of Uber ride fares as SuperCoins, capped at 150 coins per trip, with no overall earning limit and the rewards are credited to their Flipkart accounts and can be redeemed across its ecosystem, including Cleartrip.

The move pushes Flipkart's loyalty system beyond e-commerce and into everyday services, while Uber adds a rewards layer to its platform.

Priya Mohan joins JoulesToWatts as COO

Priya Mohan has joined JoulesToWatts as the company's chief operating officer.

She will lead the AI implementation practice, from diagnostic and strategy through execution, change management, and outcome delivery.

She brings over two decades of experience across venture investing, enterprise technology, and operations, most recently at General Catalyst where she tracked the GCC and enterprise AI landscape in India.

Prateek Singh joins Pocketful as CEO

Discount brokerage firm Pocketful has appointed Prateek Singh as its new chief executive officer.

At Pocketful, Prateek is expected to focus on expanding the platform's reach, with the company positioning its services as simple and accessible for a wider base of investors.

Prateek has around 13 years of experience in digital financial services and prior to joining Pocketful, he served as chief growth officer at Bajaj Broking, where he worked on expanding the firm's digital operations and platform features.

Edtech startup Scaler's AI push

Edtech startup Scaler claims it has become the first in the country to go fully AI-native across every programme it offers. The company restructured its core curriculum following a research study with CyberMedia Research that highlighted a gap between engineers' perceived AI readiness and their actual hands-on use of AI systems.

The updated curriculum embeds AI across core tracks like software engineering, data science, and DevOps, rather than treating it as an add-on.

Niyo launches zero-markup forex buy-sell model

Travel fintech platform Niyo has introduced a zero-forex-markup buy-and-sell model aimed at eliminating hidden currency exchange costs for Indian travellers. Offered through its subsidiary, an RBI-licensed entity, the service allows users to purchase and sell foreign currency at live rates without added spreads.

Traditionally, travellers lose money both while buying and reconverting unused forex due to pricing inefficiencies that can exceed 5%. Niyo estimates that around 15% of purchased forex is returned, often resulting in avoidable losses. Its new buyback feature enables customers to sell unused currency within 60 days at zero markup, improving cost predictability. With India's outbound travel market projected to reach $61.7 billion by 2033, the move addresses growing demand for transparent forex services.

Nasscom, BVMW launch AI working group for German SMEs

Nasscom and Germany's BVMW have launched the 'AI for Mittelstand' working group under the Indo-German AI Pact to accelerate artificial intelligence adoption among small and medium enterprises.

Supported by India's MeitY and Germany's digital ministry, the initiative aims to translate bilateral cooperation into practical, scalable AI deployments. The programme will facilitate knowledge exchange, best practices, and real-world implementation strategies, with participation from industry stakeholders and policymakers. A formal MoU will strengthen collaboration between Indian AI firms and German SMEs.

Leaders from both sides highlighted the partnership's potential to combine India's digital expertise with Germany's industrial strength. The initiative is expected to foster long-term innovation linkages and position Indian companies as key technology partners in Europe's industrial ecosystem.

Razorpay partners OpenAI to enable instant app monetisation

Razorpay has partnered with OpenAI to allow developers to embed payment systems into applications within minutes via Codex, an AI coding platform. The integration enables users to generate apps and activate payment gateways through simple prompts, eliminating the need for complex payment infrastructure setup.

Developers can now build and monetise products almost instantly, a shift expected to benefit startups, students, and solo founders. Razorpay is also extending functionality into ChatGPT, allowing businesses to manage payments, refunds, and settlements conversationally.

The move aligns with India's growing developer ecosystem and high digital transaction volumes, including over 20 billion UPI transactions monthly. The partnership underscores a broader push toward AI-driven commerce, where building and monetising digital products becomes seamless and immediate.

Data Science Wizards expands enterprise AI OS for BFSI

Data Science Wizards has advanced its UnifyAI OS, an enterprise AI operating system designed to help organisations run AI systems at scale in regulated environments. The platform enables enterprises, particularly in banking and insurance, to build, deploy, and govern AI within a unified infrastructure layer.

Supporting on-premises, cloud, and hybrid setups, it allows full ownership of AI assets while avoiding vendor lock-in. The system addresses a growing need for structured AI deployment as enterprises move beyond experimentation to production use cases.

Over 150 AI applications are already running on the platform in insurance environments. With governance embedded into execution, the solution ensures compliance, transparency, and real-time monitoring. The development reflects a broader industry shift toward reliable and scalable enterprise AI operations.

IESA appoints Navin Bishnoi as Chairperson for FY27

The India Electronics and Semiconductor Association (IESA) has appointed Navin Bishnoi as Chairperson for FY2026-27, alongside a new executive council comprising industry leaders across the semiconductor ecosystem.

Announced at its annual meet in Bengaluru, the leadership change comes as India accelerates its semiconductor ambitions. Bishnoi brings over 25 years of experience in semiconductor design and infrastructure. IESA highlighted India's transition toward large-scale execution, supported by policy initiatives such as ISM 2.0 and growing manufacturing capacity.

The country's semiconductor market is projected to reach $103 billion by 2030, driving broader electronics manufacturing growth. The new council aims to strengthen supply chains, foster global partnerships, and translate policy momentum into measurable industry outcomes.

Mindsprint partners with monday.com to drive AI-led workflows

Technology firm Mindsprint has partnered with monday.com to deliver integrated AI-driven enterprise solutions across IT service management, CRM, and workflow management. The collaboration combines monday.com's flexible AI platform with Mindsprint's expertise in process transformation to help organisations streamline operations and improve visibility.

The integrated approach enables businesses to unify workflows, reduce complexity, and leverage real-time insights for better decision-making. The partnership targets organisations seeking to modernise operations without the burden of complex legacy systems.

With over 250,000 global customers using monday.com, the alliance is expected to accelerate adoption of AI-enabled work platforms across industries. Mindsprint will focus on implementation and integration to help clients translate platform capabilities into tangible business outcomes.

Elastic appoints Atul Ahuja to lead India operations

Elastic has appointed Atul Ahuja as Area Vice President and General Manager for India, tasking him with driving growth and enterprise AI adoption in the region. Ahuja brings over three decades of experience in enterprise technology and market expansion across Asia Pacific.

His appointment comes as organisations move from AI experimentation to real-world deployment, requiring stronger integration with enterprise data. Elastic's platform enables companies to connect AI systems with distributed data sources, improving real-time insights and decision-making.

The company aims to help businesses translate AI investments into measurable outcomes by addressing challenges around data accessibility and context. Ahuja will focus on scaling operations and supporting customers in building production-ready AI applications grounded in enterprise data.

MIC Electronics bags contract from East Coast Railways

The East Coast Railway, Sambalpur Division, has awarded a contract worth Rs 2.12 crore to MIC Electronics Limited, Hyderabad, for the provision of advanced Coach Information Boards and Train Information Boards across key railway stations.

The project will be implemented at stations including Bargarh Road, Nawapara Road, Junagarh Road, Ambodala, and Rengali, to enhance passenger information systems and improve the overall travel experience.

(This article will be updated with the latest news throughout the day.)

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