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Dr A. Velumani Family Office has led an undisclosed seed funding round in Bengaluru-based healthcare AI startup Prodoc AI, with participation from Dr Kunal Shet and Parth D. Bhasin. Prodoc AI is building a “Patient Journey OS” that connects hospital systems and patient interactions, with the new funding set to accelerate its Agentic AI capabilities, hospital integrations and intelligent workflows. Sources: Prodoc AI, Pharmabiz, Economic Times by @venturetalkshow
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SBI Mutual Fund has increased its stake in Swiggy from 4.7% to 5.1% by purchasing around 1.18 crore shares worth approximately ₹300 crore through open-market transactions. The shares were bought at around ₹253–254 each on September 29, taking SBI MF’s total holding above the 5% threshold. Sources: Economic Times by @venturetalkshow
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Anant Ambani has been appointed Professor of Practice in Sustainability at Newcastle University, with the university recognising his work in conservation, biodiversity protection and environmental stewardship. Ambani, who founded Vantara and is also an Executive Director at Reliance Industries, is involved in initiatives spanning wildlife conservation and clean-energy transition. Sources: Newcastle University by @venturetalkshow
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Groww has started a phased rollout of US stock investing through its app, initially making the feature available to select users. Through its GIFT City-based operation and partnership with Alpaca Securities, Groww will offer access to more than 10,000 US-listed stocks and ETFs, including Apple, Nvidia and Tesla, along with fractional investing. Sources: Groww Moneycontrol The Economic Times by @venturetalkshow
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IndianOil is planning to enter the packaged drinking water market with its own brand, potentially making the product available across more than 43,000 retail fuel outlets nationwide. The company is seeking aggregator partners to handle manufacturing, quality assurance, logistics and distribution as part of its broader push to increase non-fuel revenue. Sources: IndianOil The Hindu India Live by @venturetalkshow
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US-based local commerce company DoorDash has opened its first India office in Hyderabad’s HITEC City, starting with around 500 employees and planning to scale its workforce to more than 3,000 within two years. The new hub will initially house Customer Experience and Integrity and general administrative teams, supporting DoorDash’s global operations. Sources: DoorDash Moneycontrol PTI Business Today by @venturetalkshow
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Apple Pay officially launched in India on September 30, with Cashfree among the payment service providers supporting Apple Pay across its merchant network. Indian users with eligible Axis Bank Visa and Mastercard credit cards can pay using Apple devices, with Face ID, Touch ID or passcode authentication and no need to manually enter card details or OTPs at checkout. Sources: Apple Cashfree Payments Reuters Indian Express by @venturetalkshow
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YouTube’s India Impact Report 2026 says the platform’s creative ecosystem contributed more than ₹18,000 crore to India’s GDP in 2025 and supported over 9.6 lakh full-time-equivalent jobs. The report also highlights how creators are increasingly building professional businesses and generating opportunities beyond India’s major metros. Sources: YouTube India PIB Times of India by @venturetalkshow
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ITC has completed its acquisition of the remaining 52.5% stake in Sproutlife Foods, the company behind Yoga Bar, for ₹645 crore, making the health-food brand fully owned by ITC. ITC had initially acquired 39.4% in 2023 for ₹175 crore, later increasing its holding to 47.5% before buying the remaining stake. Sproutlife’s revenue has grown significantly, reaching around ₹452 crore in FY2025–26, as ITC continues expanding its presence in the health and future-ready foods segment. Sources: ITC, Financial Express, Moneycontrol by @venturetalkshow
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India’s Central Consumer Protection Authority has imposed a combined ₹25 lakh penalty on Amazon, Flipkart and JioMart over the sale and promotion of an unregistered agrochemical marketed as “Cyclosinone Herbicide.” Amazon and Flipkart were each fined ₹10 lakh, while JioMart was fined ₹5 lakh. The CCPA also directed the platforms to stop selling and advertising the product, conduct self-audits and submit compliance reports. The regulator said online marketplaces cannot rely solely on seller declarations to meet their legal obligations. Sources: CCPA, Times of India, PTI by @venturetalkshow
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Red Bull has won a major legal reprieve in India after the Delhi High Court overturned an FSSAI order that prevented the company from using the “energy drink” label. The court found that FSSAI had issued the order without giving Red Bull an adequate opportunity to present its case, making the regulatory process procedurally unfair. The dispute concerns FSSAI’s attempt to restrict the “energy drink” label over concerns involving caffeine, sugar and taurine levels. FSSAI is expected to challenge the ruling, while the court’s decision currently allows Red Bull to continue using the disputed label. Sources: Delhi High Court, FSSAI, Reuters by @venturetalkshow
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Bharat Housing Network has raised $5 million, around ₹47 crore, through green bonds from impact investment firm Symbiotics. The funding is part of a larger $75 million green bond programme being conducted with British International Investment. BHN plans to use the capital to expand financing for clean-energy and electric-mobility projects in India, including support for sustainable infrastructure and related businesses. Sources: Bharat Housing Network, Symbiotics, Economic Times by @venturetalkshow
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