KEY HIGHLIGHTS

• GalaxEye's acquisition of StarOps to enhance satellite engineering
• Sarla Aviation's design organisation approval for commercial production
• Aum Ventures' new fund targeting deeptech sectors

GalaxEye Acquires StarOps

GalaxEye has bolstered its capabilities by acquiring StarOps, adding spacecraft engineering expertise, satellite platforms, and indigenous technologies. This strategic move aims to expand GalaxEye's presence in the satellite development and Earth Observation value chain.

Sarla Aviation Gets DOA

Sarla Aviation, the Bengaluru-based electric air taxi startup, has received design organisation approval (DOA) from the DGCA. This approval is a significant milestone that will facilitate the company's transition to full commercial production.

Sarla Aviation has also announced strategic partnerships with Manipal Hospitals, Aeromed Air Ambulance, Prestige Group, Jio-bp, Jeppesen Foreflight, Hexel Composites, and Tata Elxsi.

Aum Ventures Raises Rs 225 Cr

Aum Ventures has successfully raised Rs 225 crore in the first close of a new Rs 750 crore fund aimed at backing Indian deeptech startups. The India Innovation Fund II targets pre-seed and seed-stage companies in spacetech, semiconductors, defence-tech, AI, robotics, energy transition, and advanced manufacturing.

Google and Lightspeed Launch AI Sprint

Google has launched the Google for Startups Sprint, powered by Lightspeed, a one-day workshop aimed at Seed to Series B founders and CTOs in the consumer technology and fintech sectors. The programme focuses on three areas: architecture, economics, and execution.

MIT Bengaluru and IBM Launch AI Lab

The Manipal Institute of Technology (MIT) Bengaluru has inaugurated the IBM–MIT AI Lab – MAHE Intelligence GPU (MIG) at its Bengaluru campus in collaboration with IBM. The facility houses a high-performance computing (HPC) infrastructure aimed at democratising access to advanced artificial intelligence resources.

Escape Plan Partners with Snitch

Travel platform Escape Plan has partnered with fashion and lifestyle brand Snitch, making it the third brand to join its platform after HRX and Rare Rabbit. The partnership aims to help consumer brands expand into the travel category through Escape Plan’s end-to-end capabilities.

LML Brand Holdings Acquires Asmi and Sangini

LML Brand Holdings has acquired jewellery brands Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions are part of the company’s “Reimagining Legends” philosophy, which focuses on preserving recognised brands while creating opportunities for their next phase of growth.

Saafe Tech Launches Credit Assessment Report

Technology service provider Saafe Tech has introduced its Credit Assessment Report (CAR), a unified credit decisioning solution designed to help lenders make more informed and efficient lending decisions. The platform uses consent-based financial information from the Account Aggregator ecosystem and other approved financial data sources to create a unified borrower profile.

SUSE Highlights Digital Sovereignty

Enterprise open-source software company SUSE has launched its flagship SUSE Summit Mumbai 2026 under the theme “Shape Your Resilient Future”. At the event, the company unveiled its roadmap for helping Indian enterprises navigate digital transformation, evolving national data policies, and increasing AI workloads.

Aye Finance Elevates Senior Executives

Technology-driven NBFC Aye Finance has announced the elevation of four senior leaders to chief-level positions as the company strengthens its organisational capabilities. The appointments reflect Aye Finance’s focus on building a future-ready organisation with strong governance, operational excellence, and customer-centricity.

4baseCare Partners with Shankara Cancer Hospital

Precision oncology company 4baseCare has partnered with Shankara Cancer Hospital and Research Centre to strengthen precision oncology capabilities by integrating advanced Next-Generation Sequencing (NGS)-based genomic testing into routine clinical practice.

Fynd Integrates with ZILO

Fynd, backed by Reliance Retail Ventures, has partnered with fashion quick-commerce platform ZILO, bringing ZILO onto Fynd as a sales channel. Through the integration, fashion and lifestyle brands using Fynd can connect their product catalogues and inventory with ZILO and manage incoming orders through their existing Fynd setup.

Vertiv to Train Engineering Students

Digital infrastructure company Vertiv is supporting the expansion of IIT Madras Pravartak Technologies Foundation’s data centre skilling initiative into Maharashtra through its corporate social responsibility programme. Vertiv will provide free skill development training to 1,500 engineering students covering data centre operations and digital infrastructure management.

Paisalo Digital BC Channel Milestone

NBFC Paisalo Digital has announced that its Business Correspondent (BC) channel has crossed $1 billion in cumulative gross transaction value (GTV). The milestone highlights the growing scale and strategic importance of its BC ecosystem, which is a key part of its efforts to expand access to formal financial services across underserved rural and semi-urban markets.

Girikon.AI Integrates Slack

AI-powered SaaS company Girikon.AI has expanded its enterprise communication ecosystem with a Slack integration that connects customer conversations with internal team collaboration. The capability allows businesses to continue engaging customers through familiar channels such as WhatsApp and SMS while automatically routing customer responses into Slack.

Procol Launches Control Tower 2.0

Agentic AI platform Procol has launched Control Tower 2.0, the latest version of its AI-powered spend intelligence platform for procurement and finance teams. Built on Multi-Agent Systems, the platform is designed to help organisations analyse enterprise spending, monitor risks and compliance, and support decision-making through AI-driven insights.