Ola Electric Foreshadows, IN-SPACe Blesses Spacetech Startups, and Labour Ministry Teams Up With Apna

Ola Electric warns of a temporary dip in February EV registrations, while IN-SPACe is boosting spacetech startups with a fresh tech fund. Former OpenAI CTO Mira Murati is making waves with a new AI research and product venture, and visa platform Atlys is expanding into the UK with its acquisition of Artionis. Meanwhile, the Labour Ministry has teamed up with Apna to streamline job listings on the National Career Service (NCS).

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Mujhe Maaf Karna Om Sai Ram”: Ola Electric Says February EV Registrations To Be Temporarily Impacted

Ola Electric has warned of a temporary dip in its February EV registrations, citing ongoing renegotiations with key partners—Rosmerta Digital Services and Shimnit India.

Rosmerta handles digital registration processes for OEMs, while Shimnit supplies high-security number plates, both crucial to the vehicle rollout. With these agreements in flux, Ola's EV deliveries may face short-term disruptions, adding another wrinkle to India's evolving electric mobility landscape.

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“Hum Saath Saath Hai”: Labour Ministry Partners With Apna For Job Listings On NCS

The Labour Ministry has teamed up with job platform Apna to boost listings on the National Career Service (NCS) portal.

This partnership promises over 10 lakh job opportunities annually, expanding access for job seekers. With NCS already hosting 4.40 crore vacancies since launch, this move aims to make hiring even more seamless.

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“Sunshine Wali Dhoop, Umeed Wali Asha”: IN-SPACe Floats Technology Adoption Fund To Support Spacetech Startups

IN-SPACe has launched the Technology Adoption Fund (TAF) to give India’s spacetech startups a financial boost, helping them build commercially viable solutions.

The move aims to cut reliance on imported tech and strengthen the country’s space ecosystem. With this support, homegrown startups could play a bigger role in shaping India's space ambitions.

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“Kuch Kar Dikhane Ka Hausla”: Former OpenAI CTO Mira Murati Launches AI Research And Product Startup

Five months after leaving OpenAI as CTO, Mira Murati has unveiled her own AI venture, Thinking Machines Lab.

Instead of chasing fully autonomous AI, her startup aims to develop personalized AI systems with advanced multimodal capabilities. Rumors swirl about a $100 million funding round, but for now, Murati is keeping that under wraps.

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“Bambai Se Aaya Mera Dost”: Visa Platform Atlys Acquires Artionis To Enter The UK Market

Atlys, the digital visa platform, is making its UK debut with a $20 million push and an all-cash acquisition of Artionis.

The deal brings 40 visa specialists into its fold, strengthening its presence across London, Manchester, and Edinburgh. With this move, Atlys is set to streamline visa processing in one of the world's busiest travel hubs.

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1. Credit Fair has secured $5 million in debt from Symbiotics Investments to expand rooftop solar financing for homes and MSMEs in smaller cities. The climate-focused NBFC aims to boost green energy adoption, backed by funds from a $75 million green basket bond.
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2. Deeptech startup Probus has raised $5 million in Series A1 funding, led by Unicorn India Ventures, to scale its smart grid tech. With a ₹400 crore order book and 10X revenue growth since 2023, it aims to expand metering solutions across India.
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3. Singulr AI has raised $10 million in seed funding, backed by Nexus Venture Partners and Dell Technologies Capital. The startup aims to strengthen AI security solutions for enterprises, tapping into growing cybersecurity needs.
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4. Healthfab has secured $1 million in pre-Series A funding, led by Mistry Ventures, to expand sustainable menstrual care. The reusable period panty brand plans to scale in metro and Tier 2 cities while investing in R&D.
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