Startup news and updates: Daily roundup (November 6, 2026)

Satin Group introduces Sankalp, a sustainability-focused platform for Indian founders. Pramod Marar, CEO of Satin FinServ Limited, explains the importance of non-financial support alongside funding and the role of financial institutions in scaling climate innovation. Sankalp has two tracks: one for student-led business ideas and the other for early-stage startups in clean mobility, circular economy, waste management, and sustainable supply chains. Winners can win up to Rs 32 lakh, with Rs 10 lakh for students and Rs 22 lakh for startups.

Deepinder Goyal addresses criticism of his brain-monitoring wearable, Temple, on social media. He defends the device's science and offers a 14-day no-question return policy. Goyal reveals that $30 million was invested in the product, with $20 million of his own personal funds. Northern Arc Investment Managers reaches a first close of over Rs 400 crore for its Northern Arc Diversified Debt Fund, the firm's 15th private credit vehicle.

The fund targets a corpus of Rs 1,500 crore with a greenshoe option that could increase it to Rs 2,000 crore, with a five-year tenure and an XIRR target of 16%. Fitness and sports technology startup OBSESS raises angel funding to build a unified digital ecosystem for India's fitness and sports industry.