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Startup news and updates: daily roundup (April 28, 2026)

YourStory presents the daily news roundup for Tuesday, April 28, 2026.

Mojro Closes Series A Round At $5.5 Mn With Additional $2.5 Mn Funding

SaaS startup Mojro has raised an additional $2.5 Mn (about ₹23 Cr) as part of its Series A funding round,…

Sahamati raises Rs 50 Cr from financial sector entities

The industry alliance will use the capital to deepen ecosystem participation, strengthen technical and policy frameworks.

Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%

Eternal Q4 Results: Revenue from operations surged 196% YoY to Rs 17,292 crore.

Blinkit flags growth moderation as quick commerce firm’s profitability improves

Blinkit, India's largest quick commerce platform, expects growth to slow as its base expands. The company reported improved profitability for the second consecutive quarter. Founder Albinder Singh Dhindsa highlighted substantial growth potential in new geographies and product categories. However, he

Battery Smart raises $15M in debt from Mirova

The fresh capital will be used to expand the company’s BaaS infrastructure and further develop its network of partner-operated stations across major urban and semi-urban regions in India.

Elon Musk vs OpenAI: Inside the battle over broken promises

A high-stakes legal battle begins today as Elon Musk sues Sam Altman's OpenAI, alleging the AI giant abandoned its non-profit mission for profit. Musk claims broken promises regarding open-source development and public good, seeking billions in damages. OpenAI denies the allegations, stating partner

Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder Goyal

Food and grocery delivery firm Eternal has surpassed $10 billion in annual net order value from its B2C operations, a milestone achieved after 18 years. The company anticipates this figure to double to $20 billion within the next two years.

EON Space Labs: India’s satellite optics bet

EON Space Labs builds lightweight EO-IR payloads. Its MIRA telescope flew on PSLV-C62, reducing launch weight and import dependence.

· 17 days ago· Livemint Technology

· 17 days ago· MediaNama

‘No transparency’: experts warn of expanding powers to block online speech in India #NAMA

India’s content blocking rules are under scrutiny for a lack of transparency. The post ‘No transparency’: experts warn of expanding powers to block online speech in India #NAMA appeared first on MEDIANAMA.

#india #medianama

· 17 days ago· MediaNama

China blocks Meta-Manus deal, asserts origin-country jurisdiction: what this means for India

A major AI deal has been blocked, but the bigger story lies in what this decision signals for global tech structures. The post China blocks Meta-Manus deal, asserts origin-country jurisdiction: what this means for India appeared first on MEDIANAMA.

#india #medianama

Lenovo Idea Tab Pro Gen 2 launched in India with Snapdragon 8s Gen 4, 144Hz display: Check price and specs

Lenovo has launched the Idea Tab Pro Gen 2 in India, with a 13-inch 3.5K display, Qualcomm Snapdragon 8s Gen 4 processor, and AI tools. 

#india #livemint-technology

Peak XV Exits MobiKwik With ₹130 Cr Block Deal: Report

VC firm Peak XV Partners has exited listed fintech major MobiKwik through a ₹130 Cr (about $13.8 Mn) block deal,…

Nutrition Supplements Marketplace HyugaLife Raises ₹100 Cr

Protein and supplements marketplace HyugaLife has raised ₹100 Cr ($10.6 Mn) in its Series A funding round led by IvyCap…

Building a climate-tech startup in India: Lessons from solving real-world water challenges

India’s water crisis is not a future scenario, it is a present operational reality. For climate-tech founders building inside that crisis, the lessons are sharper, stranger, and more useful than anything a business school curriculum covers. Navkaran Singh Bagga India’s fresh water supply crisis i

D2C Brand ‘House of Chikankari’ Raises ₹25 Cr To Expand Omnichannel Presence

D2C ethnic fashion brand House of Chikankari has raised ₹25 Cr (about $2.6 Mn) in its Series A round led…

Digital Public Infra initiatives may contribute 4% of GDP by 2030: NITI report

The report titled 'DPI@2047 for Viksit Bharat-A Strategic Roadmap to Enable Non-linear Inclusive Socio-economic Growth" further said that India stands at a once-in-a-generation inflection point.

Germany's military shuns Palantir for now, cyber chief tells Handelsblatt

Germany's military will not award contracts to US firm Palantir at this time. A senior officer stated that granting industry staff access to national databases is currently inconceivable. This comes as Palantir's AI system is set for long-term use by the Pentagon.

AI may be written in code, but it runs on electricity, says Jeet Adani; pledges $100 billion to boost India’s AI growth

Google Cloud India AI Hub is coming to Visakhapatnam. Jeet Adani stressed AI needs electricity and infrastructure. Adani Group commits $100 billion to India's AI goals. This investment covers energy, networks, and data centres. Visakhapatnam is becoming a new digital gateway. Affordable energy is ke

Google signs classified AI deal with Pentagon: The Information

Google has inked a deal with the U.S. Department of Defense, allowing the Pentagon to utilise its AI models for classified government work. This agreement, alongside similar ones with OpenAI and xAI, permits 'any lawful government purpose.' While Google's contract includes safeguards against domesti