Rallis India Limited experienced a notable drop in its share price during early trading on Wednesday, following the announcement of a significant decline in its net profit for the December quarter. The stock hit its lowest point in over nine months, as investors reacted to the disappointing financial results, which the company attributed mainly to one-time provisions related to the new labour and wage codes.
The share price of Rallis India fell by as much as 3.76 per cent, reaching an intraday low of ₹221.50 on the National Stock Exchange (NSE), marking its weakest level since April 15, 2025. This initial decline reflected market apprehensions regarding the sharp year-on-year drop in profitability, despite improvements in operational metrics during the quarter.
In the early trading hours, around 0.6 million shares of Rallis India changed hands. However, as the session progressed, the stock managed to recover some of its losses. By 10:16 AM, it had bounced back, trading 1.48 per cent higher at ₹233.55, suggesting that investors were also encouraged by the company’s robust revenue growth and operational performance. In contrast, the benchmark Nifty 50 index was down by 0.33 per cent at that time.
Over the past year, Rallis India shares have seen a decline of 8.79 per cent, underperforming the broader market, as the Nifty 50 index recorded a gain of 9.32 per cent during the same timeframe.
Financial Performance and Impact of One-off Provisions
Rallis India explained the sharp decline in profitability by reporting that its net profit for the third quarter of the current financial year (Q3FY26) plummeted by 81 per cent year-on-year to ₹2 crore, down from ₹11 crore in the same quarter last year (Q3FY25). The company clarified in its exchange filing that this decline was primarily due to additional gratuity provisions made in anticipation of the new Wage Code, which was considered a one-time adjustment.
Despite the pressure on net profit, the company achieved strong top-line growth during the quarter. Revenue rose by 19 per cent year-on-year to ₹623 crore in the December quarter, compared to ₹522 crore in the same period last year. This growth was bolstered by improved volumes across key business segments.
Operating performance also showed significant improvement. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 29 per cent year-on-year to ₹58 crore in Q3FY26, up from ₹44 crore in Q3FY25, reflecting better cost management and operational efficiency.
Business Outlook and Operating Environment
Rallis India reported volume growth in both its crop care and seeds segments during the quarter. However, this growth was somewhat offset by price declines across segments, which limited overall business expansion. In its investor presentation, the company noted that pricing pressure remained a significant challenge during the quarter.
In Q3FY26, the company concentrated on volume expansion, promoting new products, and enhancing market reach through increased digital engagement. However, demand conditions were somewhat subdued for certain crops, such as cumin, chillies, and paddy, due to seasonal variations. Extended rainfall, lower commodity prices, and high channel inventory levels also impacted demand during the quarter.
The company observed that channel inventory remained elevated towards the end of the December quarter but is expected to normalise through liquidation in the fourth quarter of the financial year (Q4FY26). Additionally, margins faced pressure from rising input costs and increased competition from Chinese imports, further affecting profitability.
Management indicated that while short-term challenges remain, the company is committed to improving volumes, strengthening its market presence, and navigating the evolving operating landscape.
Funding to Propel Rooftop Solar and Integrated Energy Solutions
Bengaluru-based startup Arkahub has successfully raised $2 million in a seed funding round led by Kae Capital, with additional contributions from Sparrow Capital and Antler. This new influx of capital will be directed towards developing a home energy platform that prioritises the needs of consumers, starting with rooftop solar solutions tailored for Indian households.
This funding represents a crucial early milestone for Arkahub as it aims to simplify the ownership of residential energy and promote the adoption of clean energy solutions at the household level.
Transitioning from Project-Based Solar Installations
Arkahub is positioning itself as a comprehensive home energy provider, with a strong emphasis on moving the market away from fragmented, project-based solar installations to standardised, product-oriented energy solutions. Rather than viewing rooftop solar as a one-off project, the startup aspires to offer households a long-term energy product that comes with reliability, performance monitoring, and lifecycle management.
By adopting a product-first strategy, Arkahub aims to eliminate the complexities associated with decision-making and ownership, making solar energy more accessible to the average consumer.
Bridging the Rooftop Solar Adoption Gap in India
India boasts a rooftop solar potential of nearly 500 GW; however, actual adoption is currently below 1%. This is primarily due to issues such as a lack of trust, inconsistent installation quality, fragmented after-sales service, and inadequate system monitoring.
Arkahub is addressing this gap by establishing a consumer brand that provides a seamless, end-to-end experience. The company believes that by simplifying the customer journey—from initial discovery to installation and ongoing maintenance—it can significantly boost adoption rates in urban and semi-urban areas.
Comprehensive Energy Lifecycle Management Platform
The startup’s platform is designed to oversee the entire energy lifecycle for homeowners. This encompasses digital system design, installation coordination, proactive performance monitoring, and continuous maintenance and support. By managing the entire process, Arkahub aims to deliver predictable performance, enhanced system uptime, and improved customer satisfaction.
In the long run, the company intends to broaden its offerings beyond rooftop solar, creating a more extensive home energy ecosystem. This would empower households to generate, store, and manage electricity through a single, unified interface, paving the way for smarter and more resilient homes.
Founders with Expertise in Consumer and Operations
Arkahub was co-founded by Manish Pansari and Kaustabh Chakraborty, who bring a wealth of experience in consumer technology, operations, and strategy. Pansari has previously worked with Myntra and the management consulting firm Kearney, while
Chakraborty has held positions at Urban Ladder and Wakefit, both renowned for their strong consumer-facing brands.
The founding team’s background in consumer businesses has shaped Arkahub’s focus on standardisation, reliability, and customer experience—areas where traditional rooftop solar solutions have often fallen short.
Championing a Consumer-First Energy Vision
With backing from early-stage investors such as Kae Capital, Sparrow Capital, and Antler, Arkahub is now concentrating on refining its product, enhancing its consumer brand, and laying the groundwork for expansion into related energy solutions.
As India moves towards greater decentralised energy adoption and household sustainability, Arkahub is confident that a product-led, consumer-first approach can unlock the next phase of growth in the residential clean energy sector.
It’s 2026, and in the world of content creation, how we consume media is changing. Millions are turning their ideas into online shows. Podcasting and YouTube are leading platforms for content creation. Podcasters are recording their sessions, and YouTubers are uploading audio-only versions of their videos. Each platform has its own set of pros, and which one is best for you will depend on your goals. This article compares podcasts and YouTube against one another to help you decide which platform is better for you.
What are podcasts?
Podcasts are like a radio show, but much more personal and longer. They are available to stream or download on apps, and you can listen while travelling, walking or otherwise occupied. Podcasts are like personalised radio stations with a more specialised subject, from comedy to education. They are accessible on various applications, including Spotify and Apple Podcasts.
Pros:
Podcasts excel in the area of simplicity; They are easier and cheaper to make. All you have to do is talk into a device, record, edit and post it.
They get strong listener engagement, with listeners tuning in for hours while they are doing something else. A voice speaking directly into your headphones for an hour gives a personal feel, building a high level of trust.
Earnings come from sponsors, plus fan donations, giving a strong monetisation opportunity. If your voice sounds good, you’re good to go. Podcasts are versatile and portable; you can listen on the go.
They’re perfect for telling stories, in which the voice tone conveys emotion without the need for images. The beauty of an audio-only podcast, after all, is that you don’t have to think about how you or your surroundings look on camera.
Cons:
Low visibility and slower growth: New shows easily get lost in directories without thumbnails. Plus, podcasts rely heavily on word-of-mouth promotion rather than algorithms.
Limited expression: No gestures or visual demos possible. You can’t show graphs, photos, or physical products easily. You have to be very good at making listeners imagine with your words.
Audio quality and competition: Bad sound can easily make listeners tune out. In popular genres, the competition makes it difficult for you to stand out.
What is YouTube?
YouTube is an online video-sharing platform that allows people to upload and share videos from quick clips to detailed tutorials or entertainment. Owned by Google, it is a video streaming app that’s free in return for ads; you can purchase the ad-free YouTube Premium. It’s a huge library of user-generated content, where you can publish or watch on-demand content. The AI-based recommendations make YouTube aware of what you want to watch before you know it.
Benefits:
Excellent discovery: Algorithms push videos to massive audiences for quick fame. Since Google owns YouTube, your content is highly searchable.
Monetisation for everyone: YouTube compensates creators with ads and memberships, as well as “Super Chats.” You can also make money through selling merch.
Visual demonstration: Perfect for reactions and creative content. You can show exactly what you mean. This is vital for tutorials and reviews.
High engagement: YouTube’s features like comments, shares, and likes help creators to build their own active communities. You can make videos on trending topics, and going viral helps you get high view counts overnight.
Disadvantages:
Demanding production: The pressure to produce high-quality material is even more intense on YouTube. It involves filming, editing and graphics that can eventually cause burnout.
Strict guidelines: Certain livestreams can get your channel restricted or demonetised. If the audience finds out that your video is not accurate or violates YouTube policies, you also risk losing your channel forever.
Algorithm changes: A change in the algorithm can bury your videos and drop views. This can make revenue fluctuate, as ad earnings depend on views.
Key comparisons:
Feature
Podcasting
YouTube
Primary Format
Audio (Voice)
Video (Visual + Audio)
Main Strength
Deep trust & loyalty
Massive reach & discovery
Typical Length
20 to 40 minutes
15 seconds to 20 minutes
Starting Cost
Low
Moderate to High
Discovery
Word of mouth / Socials
AI-driven search & recommendations
Audience growth
YouTube leads in growing audiences fast. Its algorithm is designed to find an audience for your video by suggesting your channel to billions, turning small channels big quickly. Viral potential is high in this platform with trending topics. Podcasting, however, expands slowly by word of mouth and social sharing.
People typically discover podcasts after receiving a recommendation from someone else or seeing short, viral clips on platforms like Instagram or YouTube. Among smart-device viewers, YouTube is the more popular platform, while podcasts have a reputation for having an especially devoted group of repeat listeners.
Monetisation opportunities
YouTube offers diverse income streams through ads, super chats during lives, and partnerships. It’s scalable, and money increases with views, as YouTube pays for every view. Podcasts monetise via direct sponsors, who pay for shoutouts, or subscription models. Earnings can be steady in niches, but less explosive.
In 2026, YouTube’s monetisation opportunity may well surpass podcasts. It has lower barriers to entry, hence, higher potential ROI, especially with built-in shopping capabilities. Podcasts have a more loyal audience and huge brand deals. One reason advertisers in 2026 continue to favour “premium” for podcast ads is that they know the audience is less likely to skip them as quickly as people do on video.
Engagement
Podcasts foster deep engagement by connecting with the audience on an emotional level. Listeners commit to full episodes, feeling connected like friends chatting. This builds trust and repeat visits. In 2026, “loyalty” is currency, and podcasts win here.
YouTube’s engagement is interactive and wide. YouTube videos earn loads of likes, comments and shares. Creator gets viewers hooked with polls, but it’s easier to become distracted by watching a video on YouTube or scrolling through your feed instead of paying attention; podcasts win when it comes to receiving undivided attention during daily sessions.
Content creation
Planning content for a podcast is straightforward: write points, record, and edit audio. You don’t need any expensive or fancy setups. However, YouTube demands detailed explanations, shooting angles, and post-production effects. It’s creative, that’s why it’s more time-consuming. Recording and uploading an episode of a podcast is faster than making a YouTube video.
Cost and equipment
Starting a podcast is budget-friendly. A basic mic, free software, and a quiet place are more than enough for a good podcast. YouTube requires a 4k camera, lights, and editing programs ads to the expenses. A smartphone is enough for both podcast and YouTube video; however, the audience demands quality content, which requires investment. Overall, podcasts are cheaper for beginners.
Which one is easier to start?
Podcasts are way easier to start compared to other platforms. You only need to record a test episode, upload, and you’re done in an hour. Podcasts don’t need visual explanation, so there is no worry of how you look on screen. That being said, there are things you need to learn, like rules, when it comes to YouTube. This can be a little overwhelming at first for newbies starting a YouTube channel. These are both great user-friendly apps, but podcasts take the prize for ease of use and low-investment listening.
Conclusion:
Choosing between podcasts and YouTube in 2026 is going to depend on your style. YouTube is best for discovery, while Podcasting is easier to use and good for ownership. They have their own limitations, but when both are combined, they amplify success.
Record your podcast and post the full video on YouTube, but make the audio version available in apps like Spotify for listeners on the go. In this article, we compared the two platforms, podcasts and YouTube, to find the better platform, but the choice depends on your goals.
FAQs:
What is the main difference between podcasts and YouTube?
Podcasts are mainly audio-based, while YouTube focuses on video content with visuals.
Which platform is easier for beginners to start with?
Podcasts are usually easier because they need basic equipment and simple editing.
Can you earn more from YouTube than from podcasts in 2026?
YouTube generally offers more earning options, but income depends on audience size and content quality.
Do podcasts require less time to create than YouTube videos?
Yes, podcasts usually take less time because there is no video shooting or complex editing.
Which platform is better for multitasking listeners?
Podcasts are better because people can listen while driving, working, or exercising.
Is YouTube better for building a personal brand?
Yes, YouTube helps build a stronger personal brand due to face visibility and visual connection.
Can the same content be used for both podcast and YouTube?
Yes, many creators record videos and also publish the audio as a podcast.
Which platform grows faster for new creators in 2026?
Podcasts may grow faster in niche topics, while YouTube growth depends more on competition.
Do podcasts or YouTube need more marketing?
Both need promotion, but YouTube relies more on thumbnails, titles, and algorithms.
Which platform is better for long-form content?
Podcasts are better suited for long, deep conversations and detailed discussions.
L’Oréal, the renowned French cosmetics and beauty giant, has unveiled an ambitious investment plan aimed at bolstering its technological and innovative presence in India. The company has officially announced the establishment of a cutting-edge beauty technology hub in Hyderabad, Telangana, with an initial investment surpassing ₹35 billion (around $383 million). This strategic initiative underscores India’s rising significance as a global hub for technology-driven innovation.
This announcement reflects L’Oréal’s long-term dedication to harnessing India’s robust digital ecosystem, skilled workforce, and rapidly advancing technological landscape. The Hyderabad hub is envisioned as a global centre for AI-driven beauty innovation, playing a pivotal role in accelerating the creation and implementation of advanced digital beauty solutions for international markets.
Emphasis on AI, Innovation, and Job Creation
The new beauty tech hub will place a strong emphasis on artificial intelligence, data science, and next-generation digital technologies specifically designed for the beauty and personal care sector. The initiative aims to expedite the introduction of intelligent beauty solutions, enhance consumer personalization, and improve operational efficiencies throughout L’Oréal’s global value chain.
A crucial aspect of this investment is its potential for job creation. The hub is projected to generate nearly 2,000 high-quality technology jobs by 2030, providing opportunities for engineers, data scientists, AI experts, and digital product professionals. This aligns with India’s broader ambition to establish itself as a global leader in technology and innovation while offering meaningful employment to its expanding workforce.
Strategic Partnership with the Telangana Government
The collaboration between L’Oréal and the Telangana state government was officially cemented at the World Economic Forum in Davos. The agreement was signed in the presence of L’Oréal’s Chief Executive Officer, Nicolas Hieronimus, along with senior officials from
the Telangana government. This partnership reflects a mutual vision to establish Hyderabad as a premier global hub for technology-led innovation.
Telangana, particularly Hyderabad, has swiftly become one of India’s most appealing destinations for global investments in technology, life sciences, and digital infrastructure. The state’s proactive policies, business-friendly atmosphere, and strong support for innovation have been instrumental in attracting multinational corporations across various sectors.
Strengthening Indo-French Economic Relations
This investment coincides with the strengthening of economic and strategic ties between India and France. Bilateral trade between the two nations reached approximately $15 billion in 2024, highlighting the growing collaboration across sectors such as technology, defence, energy, and consumer goods. Leaders from both countries, including Indian Prime Minister Narendra Modi and French President Emmanuel Macron, have been actively working to deepen diplomatic and economic relations.
Moreover, India and France have been engaged in discussions to modernize their bilateral tax treaty since 2024. The proposed updates aim to align the agreement with evolving global standards on tax transparency and compliance, further facilitating cross-border investments and business operations.
Conclusion
L’Oréal’s commitment to invest over $383 million in establishing a beauty tech hub in Hyderabad represents a significant milestone for India’s technology and innovation landscape. By integrating advanced AI capabilities, global expertise, and India’s digital talent, this initiative is poised to enhance the country’s role in shaping the future of beauty technology on a global scale. This move not only highlights India’s growing allure as a global innovation hub but also strengthens Indo-French collaboration in the ever-evolving digital economy.
StepOut has raised $1.5 million during its Pre-Series A round. This is an important capital investment led by Rainmatter by Zerodha, which is yet another confidence vote by the investment firm that also pioneered the seed round of the company in late 2024. Other prominent investors, including SucSEED Innovation Fund and Misfits Capital, were also involved in the latest round.
Startup plans and focus
The investment is timely enough since StepOut would be trying to establish its role in the international sport intelligence market. The new proceeds gained by the company will be used strategically to broaden its international operations and enhance its technological moat. The startup will invest more in artificial intelligence and computer vision, as well as expand its general product capacity.
Jeet Karmakar and Sayak Ghosh are the founders of StepOut. StepOut has established a reputation as an Artificial Intelligence-based football performance and intelligence solution. It mostly deals with player development, match analysis, and scouting. The site is meant to be flexible, serving the interests of different tiers of the game e.g,. youth academies, semi-professional teams, and professional football clubs at the highest levels.
The platform by StepOut offers a complete package of tools that can automate and improve the consumption of football data. These have AI-assisted match analysis, auto highlight, and performance dashboards. Analytics of live matches and other advanced football metrics like Expected Goals (xG), Expected Assists (xA), Passes Per Defensive Action (PPDA), and special player impact scores are also valuable to coaches and analysts.
Growth and strategic partnership
StepOut has shown tremendous growth in its operations since the last funding round. The startup boasts of having analysed over 25,000 matches and is tracking over 150,000 players. This evidence-based model has been translated to high business performance, where the company has recorded a 3x year on year revenue growth and a high customer renewal rate of 90%.
Startup has a wide portfolio of 120 clubs, academies, and federations in 23 countries. It has used its technology to conduct high-profile tournaments, including the Dream Sports Championship and several elite domestic tournaments. This network presence underscores the universality of the platform and the need for high-tech sports analytics everywhere.
StepOut has developed working relationships with a number of high-profile football entities. It already has such major clients as AFC Ajax, Rayo Vallecano, Bengaluru FC, Hong Kong FC, and the All India Football Federation. These alliances can display the fact that the platform can address the most stringent requirements of the highest-level international and national organizations.
The company is also interacting with some of the largest football players in the world. StepOut is in pilot operation with international clubs like Real Madrid, Chelsea, Fulham, and Espanyol. These partnerships indicate that the startup will become a permanent part of the technological infrastructure of major football leagues in the world.
Although football is the central point of focus of StepOut, the firm has definite plans to expand its products. The part of the strategic roadmap that this Pre-Series A round will finance is that, with time, an expansion into amateur sports and other types of sporting disciplines will be funded. By expanding its AI and computer vision capabilities to more aggressively cover more sports, StepOut will democratize the high-end performance analysis of athletes and teams across sports.
The effective round of funding by Rainmatter highlights the increasing value of sports-tech in India and other markets. With StepOut still developing its AI features and capabilities and going global, the platform is in the right position to revolutionize the way talent is discovered and performance is optimized in the industry.
Conclusion
The Pre-Series A round of $1.5 million that StepOut has completed is a milestone in its history in the modernization of sports performance using technology. The startup with thebacking of Rainmatter and other major investors is capable of transforming by establishing an intelligence platform based on football into a multi-sport global powerhouse. With its further integration of AI and increased involvement in the world-renowned clubs, StepOut is poised to make a significant contribution to the future of data-driven athlete development and scouting.
Care Dale, a startup focused on water wellness, has successfully raised ₹1.5 crore in a pre-seed funding round led by ajvc (A Junior VC), an investment firm established by early-stage investor Aviral Bhatnagar. This new funding will be instrumental in bolstering the company’s research and development efforts and accelerating its market entry as it aims to expand its presence in households across India.
This funding comes at a crucial time when there is a growing awareness among consumers regarding water quality and its significant impact on personal health, particularly in urban and semi-urban areas of India.
Tackling India’s Hard Water Challenge
Founded by Duhita Wani and Roshni Kar, Care Dale is dedicated to creating technology driven solutions that address the negative effects of hard water on skin and hair health. The company highlights that approximately 70% of India faces challenges related to hard water, which is rich in minerals like calcium and magnesium. Continuous exposure to such water can lead to various issues, including hair loss, dryness, scalp irritation, and skin ailments.
Care Dale is committed to developing bathroom water filtration products specifically designed to tackle these issues, positioning itself at the crossroads of wellness, consumer health, and water technology.
Innovative Filtration Technology at the Heart of the Solution
The startup’s inaugural product is a tap and shower filter designed to enhance hair and skincare results. This product utilizes Care Dale’s proprietary CareTec™ Advanced Filtration technology, which effectively reduces water hardness and removes harmful
impurities while maintaining water pressure and usability.By merging functional design with targeted filtration, Care Dale aims to make water wellness solutions both accessible and easy for everyday consumers to adopt.
Promising Early Growth and Organic Expansion
Since its launch, Care Dale has reported impressive early traction. In just five months, the startup has achieved an annual recurring revenue (ARR) of approximately ₹5 crore and has reached over 6,000 households across India. A notable portion of this growth has been organic, indicating a strong product-market fit and positive word-of-mouth referrals.
As it moves forward, Care Dale plans to intensify its R&D initiatives, refine its product lineup, and broaden its distribution channels to connect with a larger customer base.
About the Lead Investor
Ajvc (A Junior VC), led by Aviral Bhatnagar, is a SEBI-registered pre-seed fund that focuses on supporting early-stage startups across various sectors, including consumer technology, artificial intelligence, fintech, and emerging digital platforms. The firm has previously invested in a diverse array of startups such as HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.
With this investment, ajvc is betting on the increasing demand for wellness-oriented consumer products and Care Dale’s unique approach to addressing a prevalent, yet often neglected, water-related issue in India.
Mumbai-based solartech company Aerem has managed to raise $15 million in a new funding round to enhance its mission to bring about full-service solar financing solutions. The round was led by SMBC Asia Rising Fund, the venture capital division of Sumitomo Mitsui Banking Corporation. This massive capital injection will represent a turning point in the company since it aims to overcome the barriers to the uptake of solar energy among micro, small, and medium enterprises in India due to financial constraints.
Primary focus and central component
The primary focus of this investment is to improve the current technology platform of Aerem and increase its penetration in the Indian market. The new capital will enable the startup to simplify the credit approval procedure for companies considering switching to solar energy.
Aerem is an intermediary between financial bodies and companies so that the change towards renewable energy can be not only environmentally friendly but also economically feasible to smaller businesses that can’t always afford installation expenses and have difficulties with obtaining borrowed funds.
One of the primary elements of the Aerem business model is its commitment to the MSME sector. SMEs are the support of the Indian economy, yet can be very problematic in terms of the cost management of operation with electricity bills being one of the highest costs.
The solutions by Aerem will assist these enterprises in utilizing the potential of solar energy, which can potentially save them a significant percentage of their electricity bill. Through personalized financing solutions, the company is transforming MSMEs into rooftop solar projects by making them affordable.
The startup will operate on the strategy of establishing a continual ecosystem that will join different stakeholders, such as engineering, procurement, and construction companies, and financial institutions. By incorporating these players on one platform, Aerem will guarantee that businesses have an end-to-end solution not only in terms of initial technical evaluation and installation but also in terms of overall financing and commissioning of the solar assets. This integrative approach lessens the friction that is normally related to large-scale renewable energy projects.
Expansion plan and investment
Aerem has now acquired a new $15 million fund and is set to expand its operations by a large margin. Some of the funds will be used to enhance the proprietary technology of the company, which uses data-driven information to determine the creditworthiness of a potential borrower and the technical viability of solar installations. This technological advantage enables Aerem to provide competitive interest rates and flexible repayment conditions, so the solar adoption may seem to be an appealing offer to business owners.
The growth strategy will involve the expansion of the company into different geographical locations within India. The potential market in Tier II and Tier III cities is huge as the government drives more towards higher renewable energy goals. Aerem will utilize its resources to establish a more robust ground presence in these regions with the help of local installers and distributors so that the best solar technology is available to even the most remote group of industries.
The funding round will be timed with the climate finance achieving unprecedented momentum around the world and in India. Investors are seeking scalable business models that will help decarbonise the economy. The Aerem emphasis on solar financing is in line with the national objective in terms of renewable power capacity. The company is playing a significant role in ensuring that India is on the right path towards its green energy milestones by enabling the movement of capital into rooftop solar projects.
The role of fintech can also be discussed as a shifting one in the climate space, which is emphasized by this investment. Aerem is proving that large-scale behavioral changes in energy consumption can be triggered with the help of highly specific financial products such as solar lending, which is a niche but essential vertical. This flexibility in offering debt and lease-based financing opportunities provides businesses with the opportunity to select a model that best suits their cash flow needs, eliminating the so-called sticker shock that many green energy transitions feature.
Conclusion
The fact that Aerem has successfully raised $15 million in a funding round is a testament to the feasibility and the need for specialized funding of solar in the current economy. The startup is addressing the barriers to solar adoption by paying attention to the special needs of MSMEs and creating a solid ecosystem of partners. The company is poised to be a direct stakeholder in the transformation of India to be more sustainable and energy-dependent as it carries on its innovation and expansion.
India’s Extended Producer Responsibility (EPR) framework has introduced a vital structure for waste accountability, compelling producers to take responsibility for post consumer waste. However, as the landscape of sustainability evolves, simply adhering to regulations is no longer sufficient. Companies are now expected to showcase real circular outcomes—such as measurable recovery rates, verified recycling efficiencies, reduced carbon footprints, and traceable material flows.
This transformation is paving the way for technology-driven circular economy startups that are steering India away from mere compliance towards genuine, scalable circularity. By integrating digital infrastructure, data intelligence, and advanced recycling and re-commerce systems, these innovators are redefining waste from a final destination into a continuously circulating resource.
Data and Digital Platforms: Redefining Circular Supply Chains
At the core of this evolution is data. Unified material tracking platforms, real-time compliance dashboards, and transparent reporting systems are empowering businesses with enhanced visibility into their waste streams and environmental impacts. Sustainability is increasingly viewed as a strategic advantage—one that fosters cost efficiency, supply security, and credibility in environmental, social, and governance (ESG) practices.
These startups are also bridging the longstanding divide between policy intentions and practical implementation. By linking producers, recyclers, urban local bodies, and service providers into accountable digital networks, they are helping India establish resilient circular supply chains that bolster long-term economic growth and climate objectives.
Elima: Reimagining Value Through Re-commerce and Recycling
Elima is dedicated to maximising the value of limited resources through its integrated re-commerce and recycling platform. The company empowers businesses to effectively manage products, materials, and waste across various categories, thereby extending product lifecycles and minimising reliance on landfills.
With a technology-driven approach, Elima facilitates the collection, segregation, reuse, and recycling of diverse material streams. The company envisions circular economies as the primary supply chains of the future and is developing the necessary infrastructure to support this transition at scale.
Eco Recycling: Setting Standards in E-waste Management
Eco Recycling Ltd (Ecoreco) stands as one of India’s pioneering and most established e waste management firms. Over the years, it has established industry benchmarks through environmentally responsible disposal and recycling practices.
By prioritising compliance-driven, high-efficiency e-waste processing, Ecoreco has been instrumental in formalising India’s electronic waste ecosystem and enhancing producer accountability under EPR regulations.
Recyclekaro: Closing the Loop on Battery Waste
Recyclekaro is tackling one of India’s most pressing sustainability issues—battery waste. Its facility in Palghar is designed to process up to 50,000 metric tonnes of batteries annually by 2025, achieving over 90% material recovery with zero waste discharge.
The company recovers essential elements used in battery manufacturing, recycles 675 MWh of energy each year, and reuses significant battery capacity. By 2026, Recyclekaro aims to cut greenhouse gas emissions by 350 metric tonnes, positioning itself as a key player in India’s clean energy circular economy.
Recykal: Building India’s Digital Backbone for Circularity
Based in Hyderabad, Recykal has emerged as a leader in formalising India’s circular economy through technology. Its managed marketplace connects producers, waste generators, recyclers, urban bodies, and service providers across various waste streams, including plastic, paper, metal, e-waste, tyres, and batteries.
With over 400 brands, more than 325 recyclers, 10,000+ businesses, and over 600 urban local bodies on its platform, Recykal has successfully channelled over 700,000 metric tonnes of waste. By digitising the entire waste management ecosystem, the company is fostering transparency, scalability, and measurable circular impact across industries.
Wipro Limited, one of India’s foremost IT services and consulting firms, is experiencing a steady rise in demand for technology solutions powered by artificial intelligence (AI). This surge comes as global businesses move from trial phases of AI to large-scale implementations. Wipro’s CEO and Managing Director, Srini Pallia, highlighted that AI is becoming a pivotal element in digital transformation efforts across various industries.
During the World Economic Forum’s annual meeting in Davos, Switzerland, Pallia remarked that with budget constraints beginning to ease, Wipro is keenly exploring a broad range of AI-driven opportunities. These opportunities span small, mid-sized, and large-scale projects, reflecting the diverse maturity levels of clients across different regions and sectors. He pointed out that companies are at varying stages of AI adoption, and Wipro’s strategy is tailored to meet this diverse demand.
AI Transforming Deal Structures and Delivery Models
Pallia acknowledged that the swift adoption of AI has increased pricing pressures within the IT services sector, primarily due to shorter delivery timelines and smaller team sizes made possible by automation and intelligent tools. Nevertheless, he remains optimistic that AI will generate a higher volume of smaller engagements, even as larger transformation projects continue to surface. This evolution is likely to foster a more dynamic deal pipeline for Indian IT service providers.
India’s IT sector, contributing around $283 billion in annual revenue, has faced several tough quarters recently. Corporate clients have scaled back discretionary technology spending, concentrating mainly on essential operations and cost-optimisation strategies amid geopolitical uncertainties and economic fluctuations. However, the sector is now showing signs of renewed energy, largely driven by the adoption of enterprise AI.
From Experimentation to Tangible Outcomes
Enterprise investment in AI is decisively shifting from experimentation to a focus on accountability and measurable returns on investment. Pallia noted that while 2025 was largely about AI proof-of-concepts and pilot projects, the narrative is changing significantly in 2026. Corporate boards and CEOs are now demanding clear business outcomes and tangible ROI from their AI investments.
In this changing landscape, Wipro positions itself as a strategic partner, offering both AI consulting and core IT services to assist enterprises in navigating this transition. The company is helping clients integrate AI into their business processes while ensuring scalability, governance, and long-term value creation.
Optimisation Over Expansion of IT Budgets
While Pallia does not anticipate a significant increase in overall technology budgets, he highlighted that enterprises are optimising their existing expenditures by embracing cost effective and productivity-enhancing technologies. For example, AI-assisted software development is expected to lower development costs by nearly 25%, significantly improving coding efficiency and testing speed. These productivity gains are likely to open up new project opportunities, ensuring that IT budgets remain robust over the long term.
Strategic Investment in AI Capabilities
Reaffirming its commitment to AI-driven growth, Wipro announced a three-year investment plan of $1 billion in 2023, aimed at bolstering its AI capabilities. This investment will focus on talent development, platform innovation, and the integration of AI across its service offerings.
In summary, the increasing focus on AI-driven accountability and efficiency is positioning Indian IT services firms, including Wipro, for sustained relevance in the global digital economy. As enterprises increasingly seek value-driven outcomes, AI is poised to remain a vital growth catalyst for India’s IT sector in the years to come.
The Eversource Capital electric bus subsidiary, GreenCell Mobility, has raised $89 million in mezzanine capital to grow its operations in India substantially. A group of well-known investors participated in the funding round, including the International Finance Corporation (IFC), British International Investment (BII), and Tata Capital. Through the application of mezzanine financing as a hybrid financial instrument that incorporates the characteristics of both debt and equity, GreenCell Mobility will have a chance to cultivate aggressive growth and fleet expansion without the urgent need to dilute equity.
Expansion and primary objective
The milestone comes as a continuation of a larger trend in the Indian automotive and transport sector, in which electric bus manufacturers and operators are appealing to institutional investors. The capital raise is the latest of a series of previous investments in the industry, such as the earlier mezzanine capital infusion by IFC of $37 million in GreenCell and a massive $100 million investment in JBM ECOLIFE with a view to rolling out electric buses and electric charging infrastructure in dozens of municipalities.
The core mission of this new finance is to support the growth of GreenCell Mobility’s current fleet to comprise 3,700 electric buses. The number of electric vehicles handled by the company is currently more than 1,200, and thus, this capital will facilitate an enormous increase in operational capacity 3-fold. This growth is not just quantitative but rather is associated with certain growth opportunities that are acquired by competitive auctions. The company has acquired rights over intra-city routes in some major regions in India, namely Delhi, Madhya Pradesh, Andhra Pradesh, Bihar, and the Union Territory of Puducherry.
Such operational successes were made possible by being involved in some of the key government programs, including the National E-Bus Program and the PM Seva E-Mobility program. The programs are aimed at modernizing the public transportation and lower carbon footprint of the Indian urban centers. GreenCell Mobility is making itself an important ally in the government’s quest to give millions of commuters in these areas clean, efficient, and reliable public transportation by adding thousands of new buses to these areas.
Investment and environmental benefits
The partnership of GreenCell Mobility and its shareholders serves as a reminder of the vital importance of private and institutional capital in the clean transport revolution. The investment can be regarded as a foundation of the urban transformation agenda in India.
According to Katherine Koh, the Regional Industry Manager of Infrastructure and Natural Resources of IFC, the key to the modernization of the infrastructure of public transport is the electrification of bus fleets. The mezzanine investment shall improve the implementation of sustainable transport, particularly to the population of Tier II and III cities in India, so that the fruits of green technology are not concentrated only in the main metropolitan centers.
In addition to the environmental advantages of the reduction of tailpipe emissions, the increase in the fleet of GreenCell Mobility has a real effect on the economy. The implementation of thousands of new electric buses will provide many new jobs in manufacturing, maintenance, and operation.
The innovative financing and payment-security models are used to de-risk the industry, and this makes the sector more enticing as future private capital investments. This will enhance the economic growth of India, and it will lead the world in terms of financing the next generation of urban transport systems.
The wider market of motor mobility of electric in India is still on the rise, with other manufacturers acquiring considerable financing. The successful capital raise of GreenCell supports the sustainability of electric mass transport as a scalable business concept that is able to satisfy the two needs of environmental sustainability and commercial expansion.
Conclusion
The $89 million mezzanine capital raised by GreenCell Mobility is a significant step towards the electric vehicle ecosystem in India. Through the advocacy of such international and national financial organizations as IFC, BII, and Tata Capital, the company is highly positioned to achieve its bold objective to roll out 3,700 electric buses.
This growth will be able to reduce air pollution and offer more convenient transportation to thousands of passengers in different states and union territories. GreenCell Mobility keeps on incorporating its fleet into the national transport system with schemes such as the PM Seva E-Mobility program. It establishes a precedent of how institutional and private funders can collaborate to redefine urban mobility into a more eco-friendly future.
Ringg AI has secured $5.5 million (approximately ₹48 crore) in a Series A round. Arkam Ventures led this massive capital inflow. Other key investors who joined this venture include the Groww Founder Fund, Kunal Shah, and White Venture Capital. Current investor Capital2B was also a part of the round, and this is an indication of ongoing confidence in the vision of the company. The capital is a turning point for the startup because it is determined to establish itself in the constantly changing environment of conversational AI.
Fresh capital and the platform’s versatility
The new capital will be invested in some important growth projects. Much of the investment will be channelled into the construction of GPU clusters and creating their own artificial intelligence models. Building its own models will allow Ringg AI to cycle faster in deployments and remove its existing reliance on third-party APIs, improving the effectiveness and independence of the platform.
Ringg AI has rapidly differentiated itself through the development of a no-code, multi-lingual voice-AI orchestration platform. This new technology enables businesses to build, implement, and operate AI voice agents in a highly diverse set of inbound and outbound applications.
The flexibility of the platform is reflected in its use in different business units, such as customer support, sales, collections, logistics, lead qualification, and scheduling of appointments. It is also being applied to more precise tasks, including delivery confirmations and screening candidates, which turns into an all-inclusive answer to the needs of the modern enterprise.
The technical features of the platform are also emphasised by the fact that it supports 18 languages. This contains 10 Indian languages and the world languages like English, Arabic, Spanish, French, German, and Bahasa. Ringg AI allows businesses to interact well with a wide range of customers and a global customer base by providing a wide range of linguistic assistance.
The performance of the platform can be shown in its current performance indicators, which show that it drives about 1.5 million customer conversations monthly. Almost 77% of these interactions cannot be handled by human people, and so, this is a demonstration of the high level of sophistication of their AI voice agents.
Ringg AI has already brought more than 20 enterprise clients to major markets such as India, the United States, and Saudi Arabia. Its remarkable client list comprises large companies like CRED, PharmEasy, Shiprocket, Flipkart, and Shell. These collaborations indicate the capability of the platform to be used in high-scale and high-demand settings. To expand its influence, the startup is in the process of piloting in the GCC (Gulf Cooperation Council), US-East, and North America, a clear indication of its desire to be the leader in the international voice AI market.
Conclusion
The successful Series A round, led by Arkam Ventures, makes Ringg AI a force in the voice AI industry. By specialising in proprietary technology and its no-code business model, the start-up is clearing the obstacles to large-scale automation in enterprise communications. The shift to independent AI models and dedicated GPU infrastructure may also give the company the competitive advantage that it will require in order to continue growing rapidly when it extends its presence to India and the global markets.
Millions of automated conversations are already being held every month by Ringg AI, which is well underway to reinvent the process of business and consumer interaction using voice as a powerful tool.
Cumin Co has raised $5 million in its recent equity round to help it fast-track its growth path in the Indian changing culinary environment in India. Prominent venture capital firms and institutional investors led the investment round, which is a major milestone for the startup. This capital injection will go toward the development of the research and development (R&D) capabilities of the company, the expansion of its manufacturing business, and the expansion of its distribution network throughout the country.
Growth and prioritizing innovation
The brand has been able to establish a niche of a blend of contemporary design and classic safety. With its commitment to toxin-free and long-lasting engineering, Cumin Co is responding to an expanding consumer trend in the market to buy kitchenware that is not as convenient as it may be unhealthy. The founders emphasized that the new capital will be central to shaping the brand into becoming more of a category leader as Indian households are becoming inclined to use premium and health-focused home solutions.
A significant part of the investment of $5 million will be redirected to the brand into the R&D department. Material science is a major aspect that Cumin Co has always stressed in its product development strategy. The brand intends to further innovate with this new capital, with a focus on developing innovative and high-quality products that are advanced (baby-food safe) and durable, in line with international standards of safety.
Consideration of R&D is not only in terms of product performance but also its longevity and sustainability. The brand will produce cookware that can be passed down through the generations by investing in higher quality manufacturing and materials, which are able to challenge the disposable nature of the current kitchen appliances culture. Such quality assurance is likely to build a firm consumer confidence and a competitive advantage in a market that has seen very little growth over the decades.
New capital and expansion
In addition to innovation, Cumin Co will use the funds to aggressively expand the distribution network and supply chain resilience. The brand has a first direct-to-consumer (D2C) model at the moment, using its online store and key marketplaces such as Amazon to distribute its offerings to a large number of customers.
The new capital will be used to pursue a more measured growth into offline retail and fast commerce platforms. The founders have shown their interest in developing an experiential shop-in-shop format and standalone stores, as they appreciate that cookware is a high-consideration, haptic category where a physical touch can become a conversion and retention factor.
The company already has a strong market penetration, reaching thousands of households in over 18,000 pin codes. As the business expands, Cumin Co will have a goal of expanding its consumer base to more than 100,000 households in the coming year. The brand will target the immediate needs of consumers in the city, who focus on speed and quality as well, when upgrading their kitchen by strengthening its presence on quick commerce platforms such as Blinkit and Zepto.
Conclusion
The $5 million fundraising is a transformational time in the life of the Cumin Co as it strives to reinvent the Indian kitchenware segment. With a strong distribution strategy and strict R&D, the brand is poised to transform an old and neglected category. As it enters the phase of expansion and launching new product lines, Cumin Co is focused on its vision of offering toxin-free and high-performance cookware that appeals to health-conscious consumers.
This is a strategic investment that not only powers the immediate growth of the company but also establishes an excellent benchmark in the domestic kitchenware industry, in terms of safety and innovation.
