Startup news and updates: Daily roundup (November 7, 2025)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Friday, November 6, 2025.
Govt looking to extend PLI scheme for drones and link it to R&D, says Civil Aviation Minister Naidu
Speaking at TechSparks 2025, Naidu emphasised the government’s aim to manufacture all drone components in India, even as he highlighted how domestic manufacturers are dependent on imports for certain parts.
Innovation, safety, and digital governance will shape the next leap in flight, Aviation Minister says
At YourStory’s TechSparks 2025, Civil Aviation Minister Kinjarapu Rammohan Naidu spoke about building India’s next frontier in air travel, one powered by startups, data, and disciplined innovation.
Vani Kola on the ‘compression effect’ governing current startup ecosystem
In a keynote address at TechSparks 2025, Vani Kola, Managing Director at Kalaari Capital spoke about how every major technological shift has accelerated the pace of development and AI is no different.
We are using AI to improve user experience and fight fraud at scale: Mastercard’s Gautam Aggarwal
At TechSparks 2025, Mastercard’s Gautam Aggarwal said the payments giant is using AI to make digital transactions seamless and secure, from detecting fraud to enhancing user experience through behavioural biometrics and real-time pattern recognition that builds trust in every payment.
Garena Free Fire (FF) Max Redeem Codes For Today: November 7
Free Fire Max is one of the most popular games on the planet, and for good… The post Garena Free Fire (FF) Max Redeem Codes For Today: November 7 appeared first on Fossbytes.
OpenAI faces lawsuits alleging ChatGPT drove users to suicide and delusion
even lawsuits filed in California accuse OpenAI of releasing ChatGPT without adequate safety testing, leading to suicides and psychological harm.
Purpose has many dimensions, it helps you run the long race, says Vani Kola of Kalaari
At TechSparks 2025, Kalaari Capital’s Vani Kola urged founders to anchor their ambitions in purpose rather than speed. She said true endurance comes from clarity—knowing why you build, for whom, and how to stay the course amid constant technological change.
How CheQ’s AI-powered Wisor helps you pick the right credit card for every spend
CheQ’s AI-powered Wisor takes the guesswork out of credit card spends. Acting as your personal credit card expert, it analyses every transaction in real time to help you pick the perfect card so you earn more rewards, cashback and perks with every spend.
Microsoft bets on ‘humanist superintelligence’ to keep humans in control
Mustafa Suleyman, the CEO of Microsoft’s AI division, emphasised the importance of balance in building AI that delivers benefits to humanity while ensuring safety and oversight
Curiosity is a superpower, says Ketto Co-founder and Actor Kunal Kapoor
In today’s hyperconnected world, Kapoor believes curiosity is one of the greatest advantages anyone can have. “Curiosity is a superpower. With so much information and opportunity around us, the one thing we should never lose is the need to be curious.”
Focus on value, not virality, for lasting impact: Actor-entrepreneur Kunal Kapoor
In a fireside chat at TechSparks 2025, Bengaluru, Kunal Kapoor, Co-founder of crowd-sourcing platform Ketto, spoke about the need to build an authentic narrative that builds trust, attracts capital, and also creates loyal commitments,
Actor and entrepreneur Kunal Kapoor on what makes a good story
Speaking at TechSparks 2025, Kunal Kapoor discussed how authentic narratives build trust, attract capital, and create loyal communities.
Paytm launches gold-backed loyalty programme and AI-powered travel assistant
Paytm has launched a new rewards initiative converting loyalty points into digital gold, and upgraded its travel platform with an in-app AI assistant. The move comes as the company strengthens tools for engagement and expands its digital ecosystem.
Techsparks 2025: Meet the innovators exhibiting at India’s top startup tech event
In our photo essay from YourStory’s flagship TechSparks 2025 conference, we showcase a range of innovators. Sign up to attend!
TVS Motor to sell stake in Rapido for Rs 288 Cr
TVS Motor has entered into separate share purchase agreements to divest its entire stake in ride-hailing startup Rapido to Accel India VIII (Mauritius) Ltd and MIH Investments One BV
Priyank Kharge’s AI capital ambitions; Rebuilding India’s deeptech ecosystem
Karnataka’s IT Minister outlines the state’s blueprint for becoming Asia’s deep tech capital. Mukesh Bansal, Founder and CEO, Nurix AI, underscored the need for rebuilding the deeptech ecosystem in the country. Peak XV’s Rajan Anandan emphasises R&D investment for deeptech innovation.
Tesla sets Elon Musk on path to be world’s first trillionaire, clears his pay package
Tesla shareholders on Thursday approved a whopping $1 trillion compensation plan for CEO Elon Musk, awarding the world’s richest person the largest corporate payout in history.
US software firm SAS exits China with a month’s pay for each year of service to 400 employees
The American company has also laid off about 400 people in mainland China. The lay-offs were announced via email and a short video, which cited “organisational optimisation” as the reason for the job cuts
TechSparks 2025: India’s startup story accelerates on day 2
After a sparkling day one, the second day of YourStory’s TechSparks 2025 promises conversations around authentic storytelling, inclusive finance, and deep tech conviction.