Top Startup News: IPO Buzz, AI Breakthroughs & Global Tech Disruptions

India’s startup ecosystem is entering a defining phase in 2025, as IPOs, AI breakthroughs, and consumer innovation converge to reshape markets at home and abroad. Global tech leaders are simultaneously redrawing the boundaries of cloud, mobility, and space—placing India firmly at the center of this transformation. Here is todays top Startup news from India and abroad. 

Urban Company IPO Gains Traction with Global Anchors

The Urban Company IPO 2025 continues to attract strong demand on Day 2 of its ₹1,900 crore offering. The Gurugram-based home services platform raised ₹853.87 crore from marquee anchor investors including Goldman Sachs, GIC, Dragoneer, and Norges Bank. Domestic mutual funds such as SBI, HDFC, and ICICI Prudential also participated, underscoring broad institutional confidence.

Urban Company reported a net profit of ₹135 crore in FY25 on revenues of ₹1,373.5 crore—its first full-year profitability. IPO proceeds will fund technology upgrades, marketing, and working capital expansion.

Ola Electric Responds to Auditor Concerns

Ola Electricaddressed inventory discrepancies highlighted by its auditor BSR & Co., describing them as an “isolated case” tied to Q4 FY25 restructuring. The EV company clarified that mismatches in scooter counts and customer dues stemmed from operational transitions rather than systemic lapses.

Despite heightened scrutiny, Ola remains focused on expanding its manufacturing and retail footprint as it gears up for its much-anticipated IPO later this fiscal year.

Asaya Raises ₹28 Cr for Hyperpigmentation Skincare

Skincare startup Asaya secured ₹28 crore in a pre-Series A round to grow its specialized product line for hyperpigmentation. The brand focuses on science-backed formulations and personalized skincare regimens, targeting millennials and Gen Z in India’s urban centers.

Asaya plans to scale its direct-to-consumer platform and enter offline retail chains in Tier 1 cities, tapping into the rising demand for targeted skincare and wellness solutions.

Global Highlights: AI, AR, and Mobility Disruptions

Oracle Surges on AI Cloud Contracts

Oracle shares surged 35.95% after unveiling multi-billion-dollar AI-related cloud contracts, including a $300 billion deal with OpenAI. The company’s role in SoftBank and OpenAI’s Stargate project cements its position as a key enabler of scalable AI infrastructure.

Amazon Launches Robotaxi Rides in Las Vegas

Amazon introduced robotaxi rides in Las Vegas, marking the first US deployment of a fully driverless vehicle. Currently free for public use, the pilot highlights Amazon’s growing mobility ambitions. The company also announced plans to release consumer AR glasses by 2026/27, challenging Meta in the immersive tech market.

Space DOTS Raises $1.5M for Orbital Threat Intelligence

Y Combinator-backed Space DOTS raised $1.5 million to develop orbital monitoring tools for satellites and space assets. With low-Earth orbit becoming increasingly congested, the startup aims to provide real-time risk assessments for governments and private operators.

Netskope Files for IPO Amid Cybersecurity Boom

Netskope filed for IPO, joining Rubrik as one of the few cybersecurity startups preparing to list in 2025. Both are backed by Lightspeed Venture Partners, reflecting growing investor confidence in enterprise security amid AI-driven cyber threats.

Future Outlook: Startups in India 2025 and Beyond

Today’s startup developments underscore a maturing ecosystem where profitability, precision, and innovation drive momentum. Indian startups are attracting global capital and solving complex challenges, while international players push the boundaries of AI, mobility, and space technology.

TICE will continue to spotlight the changemakers shaping India’s entrepreneurial journey and global tech leadership.

Disclaimer: This news update has been curated from leading published sources and verified reports. While TICE strives for accuracy and timeliness, we encourage readers to reach out for clarifications, fact updates, or corrections at editorial@tice.news.