From Skyroot Aerospace becoming the first spacetech unicorn to Pronto reaching new valuation heights, YourStory brings you today’s headlines with the latest developments across sectors.
Funding news
Skyroot Aerospace raises $60M, becomes first spacetech unicorn from India
Hyderabad-headquartered spacetech startup Skyroot Aerospace has raised $60 million in funding co-led by Sherpalo Ventures and GIC. Following the investment, the startup achieved a pre-money valuation of $1.1 billion, becoming India’s first spacetech unicorn.
The funding round also saw participation from the existing investors of Skyoot including Greenko Group
and Arkam Ventures, along with funds managed by BlackRock, Playbook Partners, and Shanghvi Family Office.
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Pronto extends Series B to $45M at $200M valuation
Home services startup Pronto has raised an additional $20 million in an extension of its Series B round, taking the total financing to $45 million and doubling the company’s valuation to $200 million within roughly a month.
The round was led by Lachy Groom, the co-founder of AI robotics company Physical Intelligence and an early backer of quick commerce startup Zepto.
The fresh capital will be deployed to increase presence in existing cities and expand into newer household service categories. It has recently started offering car washing and gardening services in select micromarkets while piloting home-cook services in Bengaluru.
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Blunav raises $1M from Piper Serica
Blunav, an airport operations technology company, has raised $1 million in Seed funding from Piper Serica.
The company is building a cloud-based airport management platform that brings operations, passenger systems, and commercial activities onto a single system.
The raised capital will support the team expansion, continued product development, and the scale-up of deployments across India and international markets.
Other news
Awfis announces the launch of 2 new centers in Chennai
Awfis Space Solutions Limited (Awfis), has announced the launch of two new centres in Chennai.
The centre at Olympia Crystal, Guindy, spans approximately 56,360 sq. ft. across four floors, while the centre at DLF Cyber City offers 57,802 sq. ft. of chargeable area and is also an Awfis Gold centre.
The new centre design focuses on efficiency, functionality, and consistent user experience, making it an ideal choice for enterprises and professionals.
DecisionX appoints former Accenture MD Shantha Maheswari Sekhar as Strategic Advisor
DecisionX has appointed Shantha Maheswari Sekhar, former Managing Director at Accenture and senior leader at EY, as Strategic Advisor for GTM and Industry Relations.
With over three decades of experience leading complex business and technology transformations across consumer, healthcare, life sciences, financial services, and industrial sectors, Shantha will work closely with the leadership team to shape enterprise GTM strategy, deepen industry partnerships, and bring board-level perspective as the company scales.
PhysicsWallah with Vodafone Idea Limited launches India’s first edtech-enabled telecom offering
PhysicsWallah with Vodafone Idea Limited has launched ‘Vi Edu+, a first-of-its-kind prepaid offering that bundles unlimited connectivity with premium EdTech access’, a prepaid offering that combines unlimited connectivity with access to PW’s educational OTT platform, Pi Pro.
The offering is being rolled out initially in Rajasthan and UP East and is targeted at students preparing for Board exams and competitive examinations including JEE, NEET, and UPSC.
The partnership aims to make digital learning more accessible through bundled connectivity and PhysicsWallah’s learning resources.
Myntra expands M-Now to Chennai
Myntra today announced the launch of M-Now in Chennai.
Customers will get access to over 10,000 trend-first styles across 600+ leading brands. Powered by 90+ dark stores across the pin codes M-Now is live in, Myntra is doubling down on strengthening its delivery grid and assortment depth.
As part of M-Now, customers can choose from a wide range of categories across Women’s Western Wear, Women’s Ethnic Wear, Men’s Casual Wear, Kids Wear, Beauty and Personal Care, Innerwear and Loungewear, Footwear, Watches, Jewellery, and Accessories.
With this launch, along with Chennai, M-Now is now live across key metros and non-metros, including Bengaluru, Mumbai, Delhi NCR, Kolkata, Hyderabad, Pune, Patna, Jaipur, Lucknow, and Ahmedabad. The service offers access to over 1 lakh+ SKUs from 1000+ brands.
InMobi acquires MobileAction to strengthen AI-driven app marketing
InMobi has acquired AI-powered app analytics platform MobileAction to expand its capabilities in iOS app discovery and advertising. Financial details of the deal were not disclosed. Founded in 2013 and headquartered in San Francisco, MobileAction specializes in Apple Ads and App Store Optimization, helping developers and marketers improve app visibility and user acquisition.
The acquisition enhances InMobi Advertising’s ability to support brands through AI-powered optimization and organic growth strategies across the iOS ecosystem. MobileAction will continue operating as a standalone platform, while its teams across the US, Europe, and Turkey join the InMobi Group. InMobi also plans to invest further in MobileAction’s product innovation and global expansion efforts, targeting markets including the US, APAC, and MENA.
Tech Mahindra partners with UKG for AI-led workforce solutions
Tech Mahindra has partnered with UKG to help enterprises, particularly small and mid-sized businesses in North America, improve workforce productivity and operational efficiency using AI-driven HR solutions.
The collaboration will focus on sectors including IT, retail, manufacturing, and services. As part of the partnership, Tech Mahindra will deploy the UKG Workforce Operating Platform internally while also expanding its UKG services practice. The company will support implementation, integration, and management of the platform for global customers.
The partnership aims to modernise hire-to-retire processes and improve recruitment, onboarding, payroll accuracy, talent mobility, and workforce health through AI-led automation and analytics. Both companies expect the collaboration to accelerate adoption of intelligent workforce management solutions and deliver measurable returns for enterprise customers.
Atlassian opens Teamwork Graph to power AI-native enterprises
Atlassian Corporation has announced the opening of its Teamwork Graph platform at the Team ’26 conference, enabling AI agents and applications to securely search, reason, and act across enterprise tools and workflows.
The company said the move supports the rise of AI-native organizations, where humans increasingly collaborate with AI agents to execute tasks. Teamwork Graph currently connects over 150 billion relationships between people, projects, code, goals, and content across Atlassian and integrated applications.
Atlassian stated that its AI platform Rovo is already used by more than 75% of Fortune 500 companies and 90% of its enterprise cloud customers. By opening Teamwork Graph to ecosystem partners and developers, the company aims to improve AI-powered teamwork, contextual understanding, and enterprise productivity across connected digital environments.
Practo expands AI-led healthcare intelligence platform
Practo is accelerating its AI-led transformation as it builds an intelligence layer for healthcare decision-making at scale. The company said its marketplace has crossed $100 million in GMV following expansion into the United States, powered entirely by AI-led systems handling discovery, care navigation, and decision-making.
Practo currently manages over 20,000 AI-driven calls and chats daily to deliver healthcare information and support users with timely guidance. Founder and CEO Shashank ND said the company aims to build the “AI brain for healthcare” by applying intelligence across patient and provider interactions.
Practo is also expanding its AI engineering team to build systems focused on clinical intelligence, consultation support, and guided patient care, as it seeks to create a more connected and outcome-driven healthcare ecosystem globally.
(This article will be updated with the latest news throughout the day.)
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