Startup news and updates: daily roundup (June 18, 2026)

Orange Health Labs wants to make the journey of getting a medical checkup as frictionless as possible while the petcare segment continues to gain traction with Vetic raising funding, YourStory brings you today’s headlines with the latest developments across sectors.

Featured stories

Orange Health Labs is bringing 30-minute home sample collection to Indian diagnostics

Orange Health Labs, the Bengaluru based healthcare startup backed by Y Combinator and Accel, wants to make getting a blood test as easy as ordering food without queues, delays, or friction.

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Funding news

Pet healthcare startup Vetic raises $40M led by Bessemer Venture Partners

Vetic, a national pet healthcare network, has raised $40 million in funding led by Bessemer Venture Partners (BVP), with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office.

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Tringbox raises Rs 5 crore seed funding

AI-first music technology startup Tringbox has raised around ₹5 crore in a seed funding round led by Nikhil Gandhi through GIPL, with participation from MGB Family Office, Paytm CBO Narendra Singh Yadav, and angel investors. Founded by Amandeep Singh Chawla, the startup is developing an environment-aware InStore AI Music Intelligence platform for commercial spaces.

After operating in stealth mode for a year, Tringbox is now deployed across more than 30 premium venues, including cafés, gyms, salons, restaurants, and retail stores. The company is also backed by NVIDIA Inception and AWS startup credits worth ₹1 crore, providing access to advanced AI tools and technical support as it scales its real-time music intelligence platform.

Other news

Ideabaaz partners with BeyondSeed for startup investments

Ideabaaz, a startup discovery and growth ecosystem, and BeyondSeed, a global investment and venture platform have announced the launch of IdeabaazBeyondSeed100, a Rs 100 crore Startup Investment Initiative designed to create a dedicated pathway for promising founders to access capital, mentorship, investor networks, and growth opportunities.

The initiative is designed to help startups move beyond visibility and unlock access to strategic capital, investor networks, mentorship, and long-term growth opportunities. By creating a structured investment pathway, Ideabaaz and BeyondSeed aim to support founders at a stage where access to the right investors can significantly influence their businesses' trajectory.

The program will focus on startups emerging from Ideabaaz Season 2, Ideabaaz Startup Fest 2026, and Demo Day, along with other entrepreneurship initiatives under the Ideabaaz umbrella. High-performing startups identified through the Ideabaaz ecosystem, particularly finalists from the Ideabaaz Startup Fest and the Top 10 ventures from the Demo Day, will gain direct access to IdeabaazBeyondSeed100.

N.A.N. GreenMet, Silox form battery recycling JV

N.A.N. GreenMet and Belgium-based Silox have formed a 50:50 joint venture, N.A.N. Silox GreenMet Pvt. Ltd., to establish an advanced lithium-ion battery recycling and critical minerals recovery platform in India. The venture aims to address India's dependence on imported battery-grade minerals such as lithium, cobalt, nickel, and manganese. The Andhra Pradesh-based facility will process end-of-life batteries from electric vehicles, electronics, and energy storage systems. Planned in two phases, the project targets a capacity of up to 40,000 tonnes annually for battery shredding and 20,000 tonnes for hydrometallurgical processing. The company will also explore cathode active materials and second-life battery applications for stationary energy storage systems.

Amazon announces 10th Prime Day in India

Amazon has announced that the 10th edition of Prime Day in India will run from July 4 to July 6, offering 72 hours of deals, launches, and entertainment for Prime members. Customers will gain access to over 500 new products and discounts from brands including OnePlus, Samsung, Lego, Adidas, and Allen Solly. To mark the milestone, Amazon is offering discounted Prime memberships, with annual Prime available at ₹999 for a limited period. The company is also introducing ‘Prime Playback,’ an AI-powered personalized video experience that highlights members’ shopping milestones, savings, and streaming preferences. The feature will be available to select Prime members from June 18 through Amazon.in.

New Relic integrates MCP Server with AWS Kiro

New Relic has announced the integration of its Model Context Protocol (MCP) Server with Kiro, Amazon Web Services’ AI-native agentic development environment. The one-click integration brings real-time observability data into agentic coding workflows, enabling developers to access live metrics, logs, traces, and events through natural language queries. The company said the integration helps improve developer productivity, code quality, and issue resolution times by providing production-level operational context directly within Kiro. As enterprises increasingly adopt AI-powered software development tools, the partnership aims to bridge the gap between development and operational visibility, helping engineering teams validate, troubleshoot, and optimize applications more effectively without switching between multiple platforms.

IVCA, KVCA sign MoU to boost investment ties

The Indian Venture and Alternate Capital Association (IVCA) and the Korea Venture Capital Association (KVCA) have signed a Memorandum of Understanding to strengthen collaboration between India’s and South Korea’s venture capital, private equity, and alternative investment ecosystems. The partnership seeks to promote cross-border investments, knowledge sharing, market access support, research initiatives, and industry dialogue. With bilateral merchandise trade nearing $27 billion and a target of $50 billion by 2030, both countries are focusing on innovation-led growth. The agreement is expected to create stronger connections between investors, entrepreneurs, and institutions in both markets while fostering opportunities for startup funding and ecosystem development across sectors.

Trupeer AI appoints Raghu Subramanian as President

Trupeer AI has appointed former UiPath executive Raghu Subramanian as President and Chief Business Officer as the company accelerates global enterprise expansion. Backed by RTP Global and Salesforce Ventures, Trupeer serves more than 50,000 teams across over 100 countries.

Subramanian was part of UiPath’s founding management team and played a key role in scaling the automation company into a global enterprise. At Trupeer, he will lead commercial growth and drive adoption across enterprises, SaaS firms, Global Capability Centres (GCCs), and technology-enabled services companies.

The company’s platform converts unstructured workflows into SOPs, training assets, videos, and AI-ready knowledge resources, supporting content delivery in more than 120 languages.

Crizac invests in AI Student mobility platform ForeignAdmits

Crizac Limited has made a strategic investment in ForeignAdmits, an AI-first student mobility platform that has served over 100,000 students and facilitated education loans worth more than ₹1,500 crore. The investment, structured through CCDs and CCPS, strengthens Crizac’s position as a technology-led student mobility platform. The company said the move expands its capabilities in AI-powered financing and visa solutions, helping students navigate key stages of the study-abroad journey. ForeignAdmits will continue operating independently under its existing brand and management team. Crizac expects the partnership to enhance support for students and counselling partners by combining destination selection, financing, and visa processing through AI-enabled technologies.

Taboola opens DeeperDive monetisation engine

Taboola has announced that it is opening the monetisation engine behind DeeperDive, its fast-growing generative AI answer engine, to conversational AI companies, chatbots, and virtual assistants. DeeperDive, embedded across major publisher platforms, transforms editorial content into interactive AI-driven conversations while enabling publishers to generate revenue through high-intent advertising. The monetisation system is powered by Realize, Taboola’s performance advertising platform, which connects advertisers to users engaging with AI-generated answers. The company said the initiative allows AI platforms to convert user queries into new revenue opportunities while helping publishers capitalise on the growing demand for conversational and AI-powered content experiences.

Uptik facilitates over Rs 40 crore in invoice financing

Uptik, the invoice financing platform of Growwcap Fintech, has facilitated more than ₹40 crore in cumulative funding, marking a significant milestone in its efforts to improve working capital access for Indian businesses. The platform addresses liquidity challenges faced by MSMEs, a sector that contributes nearly 30% of India’s GDP but faces an estimated credit gap of ₹25 lakh crore. Uptik enables businesses to unlock funds tied to approved invoices without requiring collateral or long-term debt. The company said it has maintained a zero-NPA record and achieved 100% on-time repayments since inception. The milestone comes as policymakers and industry stakeholders increasingly focus on improving liquidity for MSMEs to support economic growth.

WAGR launches integrated pet parenting ecosystem

WAGR has launched what it describes as India’s first modern pet parenting ecosystem, bringing together products, trusted information, and community support on a single platform. The company aims to address the fragmented nature of India’s rapidly growing pet care market by offering a more connected and convenient experience for pet owners. With a pet-first and parent-centric approach, WAGR seeks to simplify decision-making and improve access to reliable pet care solutions. The platform is designed to support pet wellbeing through integrated services and information while fostering stronger engagement among pet parents. The launch reflects growing consumer demand for holistic and trusted pet care solutions in India’s expanding pet economy.

Novyte Materials partners Chemvera for specialty chemicals

AI-driven deep-tech startup Novyte Materials has entered into a manufacturing and royalty agreement with Chemvera Specialty Chemicals to develop and commercialise a high-value specialty chemical for the polymer industry. The partnership combines Novyte’s chemistry-aware AI engine for materials discovery with Chemvera’s manufacturing capabilities. Novyte said its AI platform identified promising candidates from a search space of trillions of possible combinations. Under the agreement, Novyte will retain intellectual property rights and earn royalties, while Chemvera will handle manufacturing and distribution. The companies said the collaboration supports India’s ambitions to build sovereign capabilities in advanced materials and reduce dependence on imported specialty chemicals through AI-enabled innovation and local production.

proRITHM named among top AI healthcare innovations

proRITHM, an AI- and IoT-enabled remote patient monitoring platform, has been recognised among the Top 4 AI-based healthcare technologies at the AI in Healthcare 2.0 summit in Hyderabad. The recognition followed an evaluation by the Research and Innovation Circle of Hyderabad (RICH) and Yashoda Hospitals, which screened around 65 healthcare startups. proRITHM was selected for its AI-driven approach to continuous patient monitoring and preventive healthcare. The platform integrates wearable devices, connected health technologies, artificial intelligence, and real-time analytics to generate actionable clinical insights and early-warning alerts. The company said its solution enables healthcare providers to identify risks earlier, intervene proactively, and improve long-term patient outcomes.