Startup news and updates: daily roundup (September 29, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, September 29, 2026.
Ola Electric, an electric two-wheeler manufacturer, announced plans to raise Rs 1,000 crore via a rights issue of partly paid-up shares. Deepa Bansal was appointed as the new Company Secretary and Compliance Officer on the same day. SiMa.ai, a physical AI startup, raised $150 million in a Series C funding round led by Fidelity Management & Research Company and Amplify.
The investment values the company at $1.45 billion. Kunal Shrestha, VP of Product at Responsive, spoke about the new moat for developers in the age of AI, suggesting trust as the key differentiator after features become easily replicable.
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