YourStory brings the latest developments across sectors, from homegrown electronics and digital dentistry scaling up to Pine Labs’ upbeat market debut.
Featured News
How Oakter is powering India’s shift from importing to inventing smart electronics
Oakter, founded in 2014 by IIT Delhi alumnus Shishir Gupta, has grown from a smart-home startup into a major Indian electronics design and manufacturing company.
Originally focused on consumer IoT devices, Oakter pivoted to B2B manufacturing around 2018, building products for brands like Saregama, Paytm, Sony and Ola Electric, including the Carvaan and Paytm Soundbox.
It now runs three manufacturing units with 25 automated lines, producing over 1 crore devices annually. The company employs 2,000 people, including 150 R&D engineers, and offers end-to-end design, prototyping and mass production.
Revenue rose from Rs 50 crore in FY19 to Rs 500 crore in FY24. Oakter targets Rs 1,000 crore by FY27 and plans an IPO within two to three years. Read more.
How Laxmi Dental revolutionised digital dentistry in India
Laxmi Dental, founded in 2004 and now a listed company, has grown from a small Mumbai lab into a global digital dentistry player operating in over 95 countries.
Sameer Merchant transformed the business after training abroad, introducing CAD/CAM systems, intraoral scanners and 3D printing at a time when India still relied on manual dental work. He mortgaged his home to fund early tech investments and focused heavily on training dentists to adopt digital workflows.
The company now employs 1,800 people, serves 22,000 clinics, and reported Rs 239.1 crore in FY25 revenue. Its acquisition of AI Dent strengthens its push into AI-powered diagnostics as it aims to build a long-term, innovation-led brand in oral healthcare. Read more.
Latest News
Pine Labs IPO: stock opens at Rs 242, up 9.5% on listing day
Pine Labs made a strong debut on Mumbai's stock market on Friday, opening well above its issue price after the digital payments firm's highly tracked initial public offering (IPO).
The stock began trading at Rs 242 on the BSE and NSE, marking a 9.5% gain over its issue price of Rs 221. The merchant payments and digital commerce software firm had priced the IPO between Rs 210 and Rs 221 per share.
The offering saw strong investor interest, with bids placed for 24.09 crore against 9.79 crore on offer, taking the IPO to 2.46 times subscription. Read more.
Govt notifies Digital Personal Data Protection Rules 2025; rollout stretched over 18 months
India has notified the long-awaited Digital Personal Data Protection (DPDP) Rules 2025 on Friday, laying out how the country will operationalise its new privacy law through a staggered rollout over the next 12 to 18 months.
The rules outline how companies must obtain consent, process personal data, and respond to breaches, while establishing an enforcement system through the Data Protection Board.
Some provisions take effect immediately, while others—including the registration of consent managers, detailed notice requirements for data fiduciaries, and new obligations around consent—will only apply after the phased transition period. Read more.
Funding News
Codeyoung raises $5M in Series A funding to accelerate global expansion
Codeyoung has raised $5 million in a Series A round led by 12 Flags Group and Enzia Ventures.
Founded in 2020, the Bengaluru-based platform offers live 1:1 online classes for students aged 5–17 across subjects including coding, math, science, English, AP courses and SAT prep.
The company has delivered over 20 lakh hours of learning to 25,000+ students in 15 countries, achieving 80%+ completion rates and 60%+ renewals.
The new capital will support global expansion, AI-driven personalisation tools and new learning categories. Codeyoung highlights strong unit economics, with most revenue coming from North America.
Fang Oral Care raises Rs 10 Cr from Honasa to expand oral wellness line
Fang Oral Care has raised Rs 10 crore from Honasa Consumer Ltd., the parent company of Mamaearth and other personal care brands.
Founded in 2022, Fang focuses on teeth-whitening and daily oral-care products targeted at consumers seeking science-backed formulations. The funding will support R&D, portfolio expansion and wider distribution across ecommerce and quick-commerce channels.
Honasa said the investment aligns with its strategy of backing founders with strong category expertise and sees oral care as a high-potential segment.
Fang’s founders bring experience across product development, ecommerce and healthcare manufacturing. The company sells whitening products and toothpastes through its website and online marketplaces.
Edited by Jyoti Narayan
Original Article
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