Top 5 tech and startup stories of the day
Next Seoul Semicon’s India plans; Specialty healthcare attracts VCs Want this newsletter delivered to your inbox? Also in the letter Seoul Semiconductor eyes India entry;
Next Seoul Semicon’s India plans; Specialty healthcare attracts VCs Want this newsletter delivered to your inbox? Also in the letter Seoul Semiconductor eyes India entry; in talks with Tamil Nadu, Karnataka, Gujarat Driving the news Tell me more Also Read ISM 2.0 puts India's chip supply chain in spotlight Analyst take Also Read Global chip trophy: How India keeps its eyes on the ball VCs turn attention to single-specialty healthcare What's happening? Recent deals Everhope Oncology: $10 million from Narayana Health and W Health Ventures.
from Narayana Health and W Health Ventures. MOC Cancer Care & Research Centre: $18 million from Elevation Capital. from Elevation Capital. Oncare: Nearly $3 million from Huddle Ventures. from Huddle Ventures. VitusCare: Raised $2.7 million two years ago and is now seeking a larger round. The market Quote, unquote Norwest, Skegen lead $40 million in Raghu Vamsi Aerospace More on the round About the company Scapia announces Rs 20 crore Esop buyback ETtech Explainer: Why Moonshot AI paused Kimi K3 subscriptions within days of launch Why the move?
About the model Rival models Reuters reported last week that MiniMax is developing a 2.7 trillion-parameter model, which could be released as early as the third quarter of 2026., which could be released as early as the third quarter of 2026. Alibaba introduced its 2.4 trillion-parameter foundation model, Qwen3.8-Ma Preview, on July 20 ahead of its planned open-weight release. Also Read China's Kimi K3 emerges as a low-cost rival to Anthropic's Fable 5 Turtlemint eyes profitable FY27 as renewal book grows Financials Operating revenue: Rose 42% year-on-year (YoY) to Rs 357.2 crore in Q4FY26 from Rs 251.6 crore in the year-ago period, driven by higher insurance premiums.
(YoY) to Rs 357.2 crore in Q4FY26 from Rs 251.6 crore in the year-ago period, driven by higher insurance premiums. Net profit: Rs 3.1 crore vs a Rs 39.4 crore loss last year, helped by a Rs 8.3 crore deferred tax credit. Earnings outlook Growth drivers