Startup news and updates: Daily roundup (June 11, 2025)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Wednesday, June 11, 2025.
Polygon Foundation names Sandeep Nailwal as CEO
This move comes after years of making decisions based on consensus at Polygon Foundation, which houses Polygon Labs and other entities.
Proposed national ecommerce, retail trade policies under discussions: Goyal
The Department for Promotion of Industry and Internal Trade (DPIIT) has asked the National Traders’ Welfare Board to provide suggestions for the formulation of the national retail trade policy.
Credgenics clocks robust revenue growth, eyes acquisitions
The debt collection and resolution platform is actively pursuing acquisitions in the areas of underwriting and risk assessment technologies to become a full-stack player in the lending technology value chain.
MS Dhoni-backed Garuda Aerospace boosts Series B round with $1M infusion
This million-dollar infusion follows a Series B funding of approximately $12 million (Rs 100 crore) led by Venture Catalysts, which the Chennai-based firm raised a few months ago at a valuation of $250 million.
By powering higher success rates, how Cashfree Payments has become a true partner in scale for Indian businesses
If you’re a growing brand looking to scale rapidly and improve your payment success rates, Cashfree Payments stands out as the go-to partner not just for processing transactions but also for driving real business outcomes.
Lighthouse Funds invests Rs 300 Cr in Knest Manufacturing
The investment will be used to deepen research and development efforts, expand Knest’s manufacturing capabilities, and integrate backwards as demand for modern construction solutions rises in the country.
Dai-ichi Life sets up AI-Focused GCC in hyderabad with Capgemini
Dai-ichi life and capgemini launch a global capability center in india to drive digital transformation and innovation in insurance.
Maruti Suzuki revises e VITARA production amid rare earth magnet shortage
The auto major is looking to produce around 8,000 units of the model by September as against the earlier stated plan of rolling out over 26,000 units during the period.
How to Download VLC Media Player From Windows 11 Store
Key TakeawaysVLC is a free media player available on various platforms, including Windows, macOS, Ubuntu, Android, and iOS, with support for all major operating systems.To download VLC on Windows 11, access the Windows 11 App Store, a combination of Amazon App Store and Microsoft Store, and search for VLC to download and install it for […]
How to Turn Off Beep Sound in Windows 11
Key TakeawaysMicrosoft has updated the sounds in Windows 11, including unique sounds for major actions like turning off the machineUsers can disable the PC turning off beep sound in Windows 11 by changing settings using the audio control panel or system sounds settingsAnother method to turn off specific notifications alerts in Windows 11 is through […]
How to Fix “Too Many Requests, Please Slow Down” on ChatGPT OpenAI
Key TakeawaysOpenAI may encounter issues with too many requests causing a “Too Many Requests, Please Slow Down” error message, impacting user experience.To resolve this error, users can check their IP address, limit the number of requests, use OpenAI’s API efficiently, and make necessary adjustments to avoid overwhelming OpenAI’s servers.Other potential fixes include reducing concurrent requests, […]
Fix ChatGPT Not Working: ChatGPT Down, Error 1020, Internal Server Error
Key TakeawaysChatGPT is a powerful AI chatbot developed by OpenAI that provides natural interactions with users by using deep-learning neural networks trained on vast text data.Common issues like ChatGPT downtime, error 1020 (due to Cloudflare blocking), and internal server errors can disrupt its functionality.To fix ChatGPT not working, users can troubleshoot by checking internet connection, […]
Fix ChatGPT High Demand Error (2025) Fast Solutions for GPT-4o, Desktop App & More
Key TakeawaysFix ChatGPT High Demand Errors by checking server status, avoiding peak hours, refreshing the page, or switching to a faster internet connection.Use GPT-4o or ChatGPT Apps for smoother performance—Plus users can switch to GPT-4o, or try the desktop/mobile apps for more stability.Try VPN or Clear Cache if access issues persist—use incognito mode, clear cookies, […]
Uttarakhand’s big industrial estates bet; Helping SMEs build online presences
A deep dive into how Uttarakhand overtook Himachal Pradesh in industrial development. Typof lets SMEs build websites at affordable rates. Adivasi rapper Mahi G is channelling the fight for her community’s rights through hip-hop.
Moving beyond OTPs: How Indian BFSIs are ensuring compliance and trust
In this new reality, an employee’s password—even when paired with a simple OTP—is no longer a robust defence; it is a liability waiting to be exploited through sophisticated phishing or social engineering.
Meet Typof, the startup making it easy for SMEs to have an online presence
Bengaluru-based Typof, founded in 2021 by Trilochan Parida and Divya Mallick, lets SMEs build websites at affordable rates, so they can enhance visibility, drive traffic, and grow their business.
PowerUp Money raises $7.1M in seed funding co-led by Accel, Blume Ventures, and Kae Capital
Mumbai-based PowerUp Money will use the funding to accelerate product development, upgrade its proprietary investment intelligence engine, and scale its advisory offerings.
OpenAl’s ChatGPT service faces massive outage, leaves users frustrated
Users in India and the US encountered substantial interruptions, which mostly impacted the chatbot’s basic operation
FlexiLoans raises Rs 375 Cr in Series C funding round
The new funding will be utilised to expand operations, fuel product development, and technology infrastructure.
