Startup news and updates: daily roundup (October 16, 2026)
From AI startup RapidCanvas raising $29 million to BharatPe launching Agentic AI amid festive season, YourStory brings you today’s headlines with the latest developments across sectors.
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BharatPe launches Agentic AI for businesses
In the middle of the festive season, BharatPe Agentic AI brings an intelligent, 24x7 assistant to the BharatPe for Business app, built with Gemini Enterprise Agent Platform on Google Cloud.
The Agentic AI brings assistance, context and task execution together within the BharatPe for Business app. It can proactively follow up on requests, flag relevant issues and share updates, helping merchants spend less time navigating support processes and more time managing their…
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