{
  "id": 19642613,
  "title": "Startup news and updates: daily roundup (November 12, 2026)",
  "url": "https://urgent.news/2026/11/12/startup-news-and-updates-daily-roundup-november-12-2026",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T09:49:57.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/11/startup-news-and-updates-daily-roundup-november-12-2026"
  },
  "original_language": "en",
  "account": "Nvidia's CEO, Jensen Huang, is facing potential ousting from the company he co-founded in 1993, as the board of directors convenes to discuss his future. Reports indicate that Huang has engaged in extramarital affairs, including one with a senior executive of Nvidia and another with a Chinese national, Alice Huang, who was reportedly recruited by the Chinese government.\n\nVikas Malpani, the co-founder of CommonFloor, felt his company's $200 million exit in 2016 felt like a loss. Malpani co-founded CommonFloor with Sumit Jain and Lalit Mangal. The acquisition by Quikr, while beneficial for Quikr's online property listings, left Malpani and his co-founders leaving the company a year later. Both companies engaged in multiple acquisitions in 2015 and 2016, driven by investor caution towards cash-burning startups and Indian tech companies' strategy to acquire rivals for expansion.\n\nValueQuest Investment Advisors, a Mumbai-based investment manager, has committed Rs 775 crore to three Indian businesses in defence technology, precision engineering, and power infrastructure. The investment encompasses Sagar Defence Engineering, Rational Engineers, and TASE Global. The portfolio commitment aims to advance India's defence and manufacturing sectors.",
  "summary": "YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, November 12, 2026.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}