Startup news and updates: daily roundup (July 10, 2026)

Logistics is now determined by speed and ElasticRun is ready to meet this new demand and restlessness brings travel to the fore, YourStory brings you today’s headlines with the latest developments across sectors.

Featured news

ElasticRun is fulfilling India’s quick commerce appetite with last-mile delivery solutions

The last mile delivery of logistics in India is now focused on speed and ElasticRun is geared up to fulfill this growing demand with its tech stack emerging as the key differentiator.

Read more

Rootless and Restless: Writer Shivya Nath redefines travel and adventure in her new book

In her book ‘Rootless and Restless’, storyteller, author, and social entrepreneur Shivya Nath traces her journeys to some of the world’s most remote places while reflecting on how those experiences reshaped her understanding of home, freedom, and herself.

Read more

Funding news

Iswarya Fertility Center raises Rs 350 Cr from OrbiMed Asia

Chennai-based Iswarya Fertility Center has secured Rs 350 crore in funding from global healthcare investor OrbiMed Asia to expand its fertility care network across India. Founded in 1986, Iswarya operates more than 85 centres across eight states. The fresh capital will be used to open new centres in existing and underserved markets, strengthen clinical infrastructure, invest in digital capabilities and expand its embryology talent pool.

The company said India's fertility rate has fallen below replacement levels while infertility cases continue to rise due to delayed parenthood, lifestyle changes and higher diagnosis rates. Despite growing demand, IVF treatment penetration remains among the lowest globally, highlighting significant opportunities to improve access to quality fertility care across the country.

Docstribe secures funding led by ABGD Ventures

AI-powered patient care platform Docstribe has raised a strategic funding round led by ABGD Ventures to accelerate its expansion in the United States and the United Arab Emirates.

The company offers a digital care coordination platform that helps healthcare providers engage, monitor and support patients throughout their treatment journey. Its technology enables providers to identify high-risk patients early and deliver timely interventions, improving clinical outcomes and patient experience while supporting revenue growth. Docstribe said the new investment will strengthen its international presence and help expand adoption of its AI-driven healthcare solutions.

The company aims to enable healthcare systems to shift from reactive treatment models to proactive, data-driven patient care through precision coordination and intelligent engagement.

Other news

PhonePe launches tax filing feature on its app

PhonePe has introduced a Tax Filing feature on its platform, allowing individuals, freelancers and small businesses to file Income Tax Returns (ITRs) and manage monthly GST compliance directly through the app. Developed in partnership with TaxBuddy, the service offers self-filing plans starting at Rs 24, expert-assisted tax filing for complex cases and monthly GST filing for merchants.

The integrated solution eliminates the need to visit external portals by providing end-to-end tax compliance services within the PhonePe ecosystem. Users will also receive expert support for tax optimisation and ongoing GST compliance. The move expands PhonePe's financial services offerings by combining tax management with its existing payments and digital financial utility platform.

Arkam Ventures announces senior leadership promotions

Early-stage venture capital firm Arkam Ventures has promoted Vishnuhari Pareek as Chief Financial Officer and Abhishek Mishra as Principal. Pareek joined the firm in 2022 as Head of Finance and has overseen finance, legal, compliance, investor reporting, governance and fund operations. He has also played a key role in strengthening institutional processes, supporting fundraising efforts and enhancing investor engagement. Mishra, who joined Arkam Ventures in 2022 as Senior Vice President, brings more than a decade of entrepreneurial experience in building and scaling technology businesses. The promotions reflect the firm's focus on strengthening leadership as it continues to back early-stage startups and expand its investment activities in India's technology ecosystem.

Triveni Power Transmission partners with Salesforce

Triveni Power Transmission Limited (TPTL) has partnered with Salesforce as part of its digital transformation strategy to enhance customer engagement and business efficiency. The company will deploy Agentforce Sales and Agentforce Service to create an integrated platform that provides real-time customer insights, improved forecasting and better collaboration across business functions.

The initiative will unify customer information, streamline sales, tender and bid management, and strengthen service delivery through data-driven decision-making. TPTL said the collaboration will improve business visibility, customer responsiveness and operational execution while supporting sustainable growth. The implementation is expected to help teams manage opportunities more effectively and respond faster to customer requirements using a common digital platform.

Cognizant to expand AI-certified workforce

Cognizant has announced plans to significantly expand its Frontier-certified AI workforce, targeting 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators to help enterprises deploy AI at scale. The company expects its first cohort of deployment-ready professionals to be available by the fourth quarter of 2026. Cognizant also plans to strengthen its talent pipeline through direct hiring from universities across the US and other global markets. The Frontier workforce is designed to be model- and cloud-agnostic, enabling enterprises to integrate AI across existing technology environments. Cognizant said its teams work across leading AI ecosystems, including Anthropic, OpenAI, Microsoft, Google, AWS, NVIDIA, Salesforce and ServiceNow, delivering enterprise-ready AI solutions tailored to customer needs.

Kapture CX appoints Sanjay Prasad as VP-Sales

Customer experience platform Kapture CX has appointed Sanjay Prasad as Vice President – Sales to strengthen its enterprise business. Based in Mumbai, Prasad will lead the company's enterprise sales strategy with a focus on expanding adoption of its AgentOS platform among large customers in the BFSI and retail sectors. The appointment comes as enterprises increasingly adopt agentic AI solutions to transform customer service and operations.

Prasad brings more than 20 years of experience in enterprise technology sales, business development and strategic alliances. Before joining Kapture CX, he held leadership positions at IBM, HP, Oracle, Red Hat, LeadSquared and MoEngage. The company said the appointment reinforces its investment in leadership and enterprise growth.

DXC Technology opens AI-focused customer centre in Bengaluru

DXC Technology has inaugurated a new Customer Experience Center in Bengaluru, one of its largest global delivery hubs, to help enterprises accelerate AI adoption and digital transformation. Spread across 200,000 square feet, the facility features Customer Experience Zones, Co-Creation Labs, Ideation Studios, Collaboration Hubs and Partner Experience Zones designed to foster innovation.

The centre also houses an AI Hub, Cyber Range, Forensics Labs, Security Operations Center and Network Operations Center to support end-to-end solution development and deployment. DXC said the new facility will showcase its capabilities across AI, engineering, consulting, cloud, cybersecurity and network transformation while enabling customers and partners to collaboratively build and scale enterprise AI solutions.

Shiprocket launches AI-powered checkout platform Fastrr

Ecommerce enablement platform Shiprocket has unveiled Fastrr, an AI-powered checkout solution designed to improve customer conversions and simplify the online shopping journey. Launched at the seventh edition of the company's SHIVIR commerce summit, Fastrr combines Shiprocket's pre-order commerce capabilities into a single AI-native platform.

Powered by the company's proprietary commerce graph built from millions of buyer interactions, the platform offers frictionless checkout, AI shopping assistance, visitor identification, personalised WhatsApp automation, advertising tools and conversion optimisation. Shiprocket said Fastrr addresses fragmented technology stacks by unifying customer engagement capabilities into a single intelligent platform, enabling brands to deliver personalised shopping experiences and improve conversion rates through data-driven insights.

Grahaa Space to launch nanosatellite on Skyroot mission

Bengaluru-based spacetech startup Grahaa Space is preparing to launch its experimental nanosatellite, SOLARAS, aboard Skyroot Aerospace's Vikram-1 mission from the Satish Dhawan Space Centre in Sriharikota. Named SIDDHI, the mission aims to validate the company's stackable nanosatellite platform in Low Earth Orbit while testing key systems for future satellite programmes.

The mission will also carry VISWA-M, an academic research payload developed by VIT-AP University, Amaravati, demonstrating Grahaa Space's hosted payload architecture for research and educational applications. The company said the launch represents an important milestone in advancing indigenous earth observation technologies and supporting academic institutions with affordable access to space-based research opportunities.

Arduino launches Edge AI Innovation Lab at IIT Delhi

Arduino has launched the Edge AI Invention Lab at the Student Innovation Lab (SIL) in the Department of Electrical Engineering at IIT Delhi, expanding its 'Physical AI for All' initiative in India. The lab will provide students with hands-on experience in building real-world Edge AI and Physical AI solutions through project-based learning, interdisciplinary research, hackathons, innovation challenges and industry collaborations. It will also support educator training, student workshops, digital learning and industry-aligned curricula aimed at bridging the gap between classroom education and practical applications.

The IIT Delhi facility joins Arduino's growing network of AI innovation hubs, following similar labs at Manav Rachna International Institute of Research & Studies, with more planned at Adani University, Symbiosis Institute of Technology and Shiv Nadar School.

IESA welcomes customs duty relief for electronics manufacturing

The India Electronics and Semiconductor Association (IESA) has welcomed the government's decision to rationalise customs duties on capital equipment and key inputs used in manufacturing lithium-ion battery cells, display assemblies and wireless charging modules.

The industry body said the move would reduce project costs, improve investment viability and strengthen India's electronics manufacturing ecosystem. According to IESA, the policy complements initiatives such as the Electronics Component Manufacturing Scheme (ECMS) and the Semicon India Programme, which aim to boost domestic value addition. The duty relief is expected to benefit sectors including electric vehicles, smartphones, laptops, telecom equipment, wearables, medical electronics, drones, renewable energy and battery energy storage systems while encouraging greater local production of display assemblies and wireless charging components.