Top Startup News Today – Big Bets in AI, Fintech, and Funding | Oct 9, 2025

India’s startup ecosystem continues to surge, with AI and fintech leading the charge. From major IPO launches and funding rounds to global expansions and innovative partnerships, today’s developments highlight how technology and finance are reshaping India’s entrepreneurial landscape.

Top Startup News Today

Fintech & AI: Strategic Moves and Global Recognition

• HSBC Launches Innovation Banking in India: HSBC has introduced its Innovation Banking division in India, allocating $1 billion to support startups. This move underscores the bank's commitment to fostering innovation and entrepreneurship in the region.

• AWS Selects Indian Startups for Generative AI Accelerator: Amazon Web Services (AWS) has chosen 40 global startups for its 2025 Generative AI Accelerator, including three from India. These startups will receive $1 million in credits and global mentorship support, highlighting India's growing prominence in the AI sector.

• Revolut Expands into India: Fintech giant Revolut is expanding its operations into India, aiming to tap into the country's rapidly growing digital finance market. This expansion is part of Revolut's broader strategy to increase its global footprint.

Funding & IPOs: Investor Confidence in Indian Startups

• Qapita Secures $26.5 Million in Series B Funding: Singapore-headquartered equity management platform Qapita, with Indian origins, has raised $26.5 million in a Series B funding round led by U.S.-based brokerage firm Charles Schwab Corporation. Existing investors Citi and MassMutual Ventures also participated.

• Canara Robeco AMC IPO Opens: The initial public offering (IPO) of Canara Robeco Asset Management Company has opened for public subscription. Investors are keenly watching this development in the financial services sector.

• Rubicon Research Ltd IPO Launches: Indian pharmaceutical company Rubicon Research Ltd has launched its ₹1,377.5 crore IPO, aiming to raise funds for expansion. The issue is a mix of new equity shares and an offer for sale by promoter General Atlantic Singapore RR Pte Ltd.

Biotech & Social Impact: Innovations with Purpose

• Maharashtra FDA Orders Inspection of Liquid Oral Formulations: Following the deaths of 20 children in Madhya Pradesh due to a contaminated cough syrup, the Maharashtra FDA has initiated a special drive to inspect liquid oral formulations, ensuring safety standards are met.

• Zomato Partners with HDFC Pension: Zomato has partnered with HDFC Pension to bring National Pension System (NPS) benefits to delivery partners, marking a significant step towards financial inclusion for India's gig workforce.

Government & Industry Voices

• Standard Chartered Ventures Highlights India's Role in AI and Fintech: Executives from Standard Chartered Ventures have emphasized India's growing role as a global technology hub, particularly in AI and fintech innovation.

Global Startup Highlights

• Google's Search Live Comes to India: Google has launched its AI-powered conversational search feature, Search Live, in India, initially in English and Hindi. The company has also expanded its AI Mode to seven new Indian languages, enhancing user experience.

• SoftBank's Vision Fund 2 Announces Workforce Reduction: SoftBank's Vision Fund 2 has announced a 20% workforce reduction as it refocuses on AI investments, reflecting the market's pivot toward sustainable AI ventures.

About Top Startup News Today

TICE’s Top Startup News Today delivers daily insights on India’s startups and global innovation. Covering IPOs, AI, fintech, mobility, and funding, we provide verified, context-rich updates that show not just what’s happening, but why it matters.

Disclaimer: Curated from trusted sources; contact editorial@tice.news for corrections.