Startup news and updates: Daily roundup (January 6, 2026)
Feature Stories
How Tredence is redefining enterprise AI with last-mile execution
Back in 2012, when founder and CEO Shub Bhowmick was working in technology and consulting services, he noticed that smart ideas looked great in PowerPoints and dashboards, but rarely translated into real business outcomes. This disconnect between insight and impact is what professionals call the ‘last mile problem’, and Bhowmick joined forces with Sumit Mehra and Shashank Dubey to find a solution.
In 2013, they founded , a data science solutions provider focused on solving the last-mile problem in AI.
“We wanted to build a company that combined strong domain knowledge, robust engineering, and first-principles problem solving to take analytics all the way to measurable value. We literally wrote this on a whiteboard in early 2013, and that became the foundation of Tredence,” Bhowmick tells YourStory.
How Launch Girls is helping girls in 16 countries own their economic futures
“I’m the first one from my village to be here.”
Neha Sahu has heard this sentence countless times, spoken by young women in college classrooms across rural India.
Unlike traditional interventions that celebrate such a milestone as the finish line, co-founders Averil Spencer and Neha Sahu see this statement as a starting point of a much longer journey.
Founded in 2020, Launch Girls helps adolescent girls in 16 countries develop skills, access economic opportunities, and challenge perceptions so they can shape their own futures.
After studying psychology and education in New York and working with public schools in the US, Sahu returned to India in 2010 with a question: why was the Indian education system so far behind?
Meet the women building climate resilience from the ground up in rural India
Across rural India, women are responding to climate change in various roles—as organisers, farmers, knowledge-keepers, and stewards of land and water. They are adjusting cropping patterns, reviving drying water bodies, documenting ecological loss, and bringing communities together to protect shared resources, often long before formal climate action plans reach their villages.
Much of their work is local, unpaid, and rooted in cultural practice, and rarely recognised as ‘climate action’ in the formal sense.
From Odisha’s cyclone-prone coast to the drought-stricken plains of Bundelkhand and the millet-growing villages of Karnataka, the women of these regions are shaping climate resilience in practical ways—through collective efforts deeply grounded in shared experiences.
Latest news
Cars24 acquires vehicle information platform CarInfo
Used car marketplace has acquired vehicle information platform CarInfo for an undisclosed amount, expanding its vehicle information and management offerings.
According to a report by Medianama, citing a regulatory filing, the deal is being valued at about Rs 118 crore. Cars24’s board has approved a proposal to issue 92,292 compulsorily convertible debentures with a face value of Rs 10 and a premium of Rs 12,775.45 per share.
CarInfo was founded in 2019 by Sahil Armani and has been bootstrapped since inception. The CarInfo app aims to simplify car and bike ownership by making critical vehicle information easily accessible. At the time of acquisition, the app was used by 12 million users.
Funding news
Even Healthcare raises $20M, claims early break-even at first Bengaluru hospital
Even Healthcare, a Bengaluru-based managed-care startup, has raised $20 million in fresh funding from Lachy Groom and Alpha Wave as it looks to expand its hospital footprint and deepen its integrated care model.
The funding round saw participation from Sharrp Ventures. The latest raise brings Even’stotal funding to about $70 million and more than doubles its valuation over the past year, according to the company.
The capital will be used to scale Even’s hospitals in Bengaluru, where it launched its first facility in May 2025, marking a shift from a membership-led healthcare platform to a vertically integrated provider combining outpatient care, diagnostics and hospitalisation.
Lohia Aerospace Systems raises investment from Singularity AMC
Lohia Aerospace Systems Private Limited, a manufacturer of advanced materials and composite aerostructures serving global aerospace and defence markets, has received an investment from Singularity AMC, a growth-equity investment platform backed by Madhusudan Kela and led by Yash Kela. The financial terms of the transaction were not disclosed.
Founded in 2021 by the Lohia family, the company designs and manufactures composite structures and systems for aircraft, unmanned aerial vehicles (UAVs), and next-generation aerospace and defence platforms.
It operates vertically integrated manufacturing facilities and supplies composite components, assemblies, and aerostructures to aerospace and defence original equipment manufacturers (OEMs) in both domestic and international markets.
The Sustainability Mafia receives Rs 2 Cr CSR funding from Zerodha
The Sustainability Mafia (SusMafia), a non-profit organisation working in climate education, early-stage incubation, and ecosystem development, has received a Rs 2 crore CSR grant from Zerodha to strengthen climate talent and support early-stage climate ventures in India.
With the new funding, the organisation plans to expand structured learning programmes, provide hands-on support to over 20 early-stage climate startups, train more than 300 professionals, and convene regional and national ecosystem engagements, aligned with Zerodha’s CSR focus on climate resilience and sustainability initiatives in India.
The funding aims to address gaps in the climate ecosystem, including the shortage of industry-ready professionals, limited early-stage validation for founders, and the need for platforms linking innovators with capital, corporates, and pilot opportunities.
To date, SusMafia has trained over 400 climate professionals through its Climate Ninja programme and deployed Rs 1 crore in grants to early-stage startups, building a network of more than 80 climate entrepreneurs.
Other news
Glass Jar Interactive secures grant support, incubated at IIIT Lucknow
Glass Jar Interactive (GJI), a DPIIT-recognised video game and entertainment studio under the Startup India initiative of the Department for Promotion of Industry and Internal Trade, has secured government-backed grant support and is currently incubated at the CREATE Incubation Centre at the Indian Institute of Information Technology (IIIT) Lucknow; the financial terms were not disclosed.
CREATE, the incubation and entrepreneurship centre of IIIT Lucknow, is recognised by the Government of Uttar Pradesh under its StartInUP framework and provides startups with structured mentorship, academic and technical resources, and linkages to state and national startup programmes.
Operating within this government-supported ecosystem, Glass Jar Interactive focuses on developing original IP-led video games for PC and console platforms, with an emphasis on interactive storytelling and gameplay-driven experiences.
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MatchLog enters strategic MoU with Softlink Global
has signed a strategic memorandum of understanding with Softlink Global to integrate its container equipment optimisation capabilities into Logi-Sys, Softlink Global’s enterprise ERP platform used by more than 5,100 logistics companies worldwide.
The integration brings container reuse and asset optimisation into core ERP workflows such as freight forwarding, customs, warehousing, shipment execution, and financial operations, allowing users to manage container visibility, utilisation, planning, and cost controls within a single system.
The partnership is intended to reduce inefficiencies linked to empty container movements by aligning reuse decisions with live shipment execution, planning, and billing processes, supported by real-time container turnaround tracking. Designed to scale across more than 100 countries where Logi-Sys is deployed, the integration leverages Softlink Global’s global footprint.
Founded in 2019, MatchLog operates a container-reuse platform with active deployments across Asian trade corridors and has expanded from India into Singapore, while Logi-Sys supports over one million users globally.
Tamilnad Mercantile Bank teams up with TechFini for scalable UPI solutions
Tamilnad Mercantile Bank (TMB) has partnered with TechFini, a UPI infrastructure and fintech solutions provider, to strengthen its UPI acquiring and issuing capabilities. Acting as a Technology Service Provider (TSP) to TMB, TechFini will provide a scalable and secure UPI infrastructure for merchants, NBFCs, payment aggregators, and fintech partners across India.
The partnership seeks to support high-volume digital payments and collections while extending UPI use cases to lending and repayments. Using TechFini’s UPI Autopay solution, NBFCs and digital lenders integrated with TMB can automate EMI and loan collections via e-mandates, reducing dependence on cash and legacy systems.
TechFini’s cloud-native platform, which includes acquiring and issuing infrastructure, UPI plugins, and Autopay, is capable of processing up to 10,000 transactions per second, offering enterprise-grade scalability and security. Together, TMB and TechFini are building a bank-anchored, full-stack UPI framework to enable seamless payments, credit collections, and digital financial operations for merchants, lenders, and fintechs nationwide.
(The article will be updated throughout the day with the latest developments and news)
Edited by Jyoti Narayan
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