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Startup news and updates: daily roundup (September 29, 2026)

From Ola Electric’s board approving Rs 1,000 Cr via a rights issue of partly paid-up shares to bolster its capital structure, to SiMa.ai, a physical AI startup that has raised $150 million in a Series C round, YourStory brings you today’s headlines with the latest developments across sectors.

Tarun Mottlia

Via YourStory

·Excerpt

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Devsparks Chennai

As AI makes copying easier, this product leader says trust is the real edge

A young composer built a backyard studio in 1989 and did everything himself: composing, producing, engineering. By 1992, his first film soundtrack was a nationwide hit. Decades on, he is still refining what film music sounds like. That composer was A.R. Rahman.

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