Startup news and updates: daily roundup (September 29, 2026) | YourStory
Startup news and updates: daily roundup (September 29, 2026) | YourStory
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Startup news and updates: daily roundup (September 29, 2026)
YourStory presents the daily news roundup from the Indian startup e
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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.
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Tuesday September 29, 2026
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From Ola Electric’s board approving Rs 1,000 Cr via a rights issue of partly paid-up shares to bolster its capital structure, to SiMa.ai, a physical AI startup that has raised $150 million in a Series C round, YourStory brings you today’s headlines with the latest developments across sectors.
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A young composer built a backyard studio in 1989 and did everything himself: composing, producing, engineering. By 1992, his first film soundtrack was a nationwide hit. Decades on, he is still refining what film music sounds like. That composer was A.R. Rahman.
Kunal Shrestha, VP of Product at Responsive, opened his session at DevSparks Chennai 2026 with this story, using it as a frame for developers watching AI make software cheaper and faster to build, and by extension, easier to replicate. His session, titled ‘The new moat for developers: moving beyond the feature’, set out to answer where differentiation goes once features stop being defensible on their own.
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Ola Electric plans Rs 1,000 Cr rights issue, appoints new compliance officer
Ola Electric is taking steps to strengthen its finances and leadership as competition intensifies in India’s electric two-wheeler market.
In a board meeting on September 28, 2026, the Bengaluru-based company approved plans to raise up to Rs 1,000 crore through a rights issue of partly paid-up equity shares with a face value of Rs 10 each, according to a BSE investor filing.
Alongside the fundraising plan, the board appointed Deepa Bansal as the new Company Secretary and Compliance Officer. Bansal has over 11 years of