The company, which currently generates around Rs 2,300 crore in revenue, is targeting Rs 4,000 crore over the next 2-3 years through a combination of organic growth and acquisitions. Newly appointed Managing Director Manish Bandlish is leading the expansion strategy.

“The agenda for me is to drive all the categories we have in India. Depending on the business model and the business case, I envisage anywhere between Rs 500-600 crore of overall capital investment in the country over the next 2-3 years,” Bandlish told.

A significant portion of the planned investment will go toward new capacity in coffee and bakery. ACPL is considering a Rs 300-400 crore greenfield project for value-added coffee, while another Rs 50-100 crore investment is planned for a bakery.

“We are number two in exports of green coffee from India, but we want to move into value-added products. Freeze-dried coffee is one area we are exploring, and that will require a greenfield investment of Rs 300-400 crore,” Bandlish said.

ACPL currently operates three coffee plants in South India. Its bakery facility near Mumbai has a capacity of 20,000 tonnes and is currently operating at 60-70 percent utilization.

Pet food is also expected to become an important contributor to the company’s growth. The segment currently generates around Rs 180 crore, with ACPL aiming to increase this to Rs 250-300 crore in 2-3 years.

“We have one of the largest pet food manufacturing plants in India near Hyderabad. We launched our domestic brands Bowlers and Purrfeto over the last 1.5-2 years, and now we want to take these brands forward with larger, more aspirational product lines,” Bandlish said.

Meanwhile, ACPL is expanding its consumer presence in frozen foods through Home Fresh. The company is reviving the brand in India, with a launch planned by mid-September across frozen food categories, including vegetables and other convenience products.

“Frozen is another category booming in India. The younger generation is very conducive to processed and convenience foods,” Bandlish said.

The company is also evaluating acquisitions in the fruits and vegetables segment. At the same time, ACPL plans to create greater synergies among its pet food, bakery, and coffee businesses through shared research and development and product development capabilities.

ACPL currently generates around one-third of its revenue from India, while two-thirds comes from exports. Over the next 2-3 years, the company aims to increase the domestic contribution to 40 percent before potential additions to capacity push exports higher again.

“We are very strong in sourcing and manufacturing. The next step is becoming more consumer-centric and developing brands that deliver value directly to consumers,” Bandlish said.

The company’s consumer portfolio is set to expand further in the coming months. Alongside Home Fresh, ACPL plans to introduce value-added coffee products, high-protein ranges, new pet food products, and bakery categories in India over the next 3-6 months.

The planned investments and product launches mark a broader shift in ACPL’s strategy, combining its existing strengths in sourcing and manufacturing with greater emphasis on domestic consumption and branded products. With a target of Rs 4,000 crore in revenue over the next 2-3 years, the company is positioning its coffee, bakery, pet food, frozen foods, and fruit and vegetable businesses as key pillars of its next phase of growth.

Workday has a market value of about $43 billion. Silver Lake and the company have held discussions about a possible acquisition in recent months, the people said.

The talks remain ongoing, although there is no assurance that they will result in a transaction. The sources spoke on condition of anonymity because the discussions are confidential.

Workday’s stock has come under pressure this year as investors assess the resilience of traditional software businesses amid the rapid advancement of artificial intelligence. The company’s shares have declined about 15% this year and remain more than 40% below their 2024 peak.

The potential transaction comes as the software industry faces increasing scrutiny over how AI could reshape demand for established enterprise applications. For Workday, the market’s concerns have contributed to a significant decline in its share price from its 2024 high.

If completed at a valuation around its current market value, a Silver Lake acquisition of Workday would represent a major private equity transaction and rank among the largest software buyouts in history. However, the discussions remain preliminary, and the parties may ultimately decide not to proceed with a deal.

For now, Silver Lake and Workday continue to evaluate a potential transaction, with no final agreement announced.

Silver Lake and Workday remain in discussions over a potential acquisition involving the software company, which has a market value of about $43 billion. While the transaction could become one of the largest software buyouts in history, no deal has been finalised and the talks could still end without an agreement.

The agreement highlights Anthropic’s efforts to secure sufficient computing infrastructure as demand for its Claude AI tools continues to grow.

Riot Platforms has agreed to supply 191 megawatts of computing capacity from its Rockdale, Texas, campus to a “leading frontier AI” company under a 20-year agreement. People familiar with the deal identified that company as Anthropic, asking not to be identified discussing private information.

Riot declined to comment, while Anthropic did not respond to a request for comment. Riot’s shares jumped 25% to $24.40 in late trading on news of the deal with Anthropic.

The Riot agreement adds to a series of major computing deals Anthropic has pursued in recent months as it works to meet demand for its AI products.

The AI developer recently signed a $10 billion deal with months-old infrastructure startup Volta Infra Holdings Ltd. It also agreed in May to buy nearly $45 billion worth of computing from Elon Musk’s xAI.

Riot Platforms said the agreement with the AI developer runs through June 2048 and is expected to generate $9.1 billion in revenue.

The contract also provides an option to extend the agreement twice, with each extension lasting five years. If both options are exercised, the deal could generate as much as $16.1 billion in total sales.

The deal also underscores the growing shift among cryptocurrency companies toward AI-related infrastructure as demand for computing capacity rises.

Riot Platforms was previously a maker of diagnostic machinery for the biotech industry under the name Bioptix before making a significant transition into Bitcoin mining. It is now among several crypto companies moving into cloud computing to take advantage of the AI boom.

The company has also announced a separate deal with Advanced Micro Devices Inc. to build computing.

Riot’s data center business contributed to its second-quarter sales, helping the company beat sales expectations for the period.

Anthropic’s agreement with Riot Platforms gives the AI developer access to 191 MW of computing capacity from the Rockdale, Texas, campus, while providing Riot with a long-term revenue opportunity extending through June 2048. The deal, valued at $9.1 billion and potentially reaching $16.1 billion with extensions, further demonstrates the increasing importance of data center capacity as AI companies seek to keep pace with customer demand.

The company is being valued at around $230 million on a pre-money basis, one of the people said. The funding round could potentially expand to $40-50 million as talks with investors progress and interest in the startup strengthens, another person said.

If the larger round materialises, MStack AI’s post-money valuation could fall between $260 million and $280 million, according to the second person.

Existing backers Alpha Wave and Lightspeed are expected to contribute a significant share of the new capital, according to the first person.

Prosperity7 Ventures is also in discussions to participate as a new investor, although its proposed contribution is expected to be smaller, the person added.

The ongoing fundraising discussions come as Indian AI startups attract renewed attention from investors following a relatively cautious funding period in the sector.

The fundraising activity at MStack AI reflects a broader increase in investor interest in Indian AI startups.

Both companies are part of a growing group of AI-focused startups in India that are either actively raising capital or engaged in discussions with potential investors.

The renewed activity represents a shift from the more cautious funding environment seen across India’s AI startup ecosystem over the past couple of years. During that period, investors were increasingly focused on distinguishing startups with defensible technological advantages from companies primarily building applications on top of third-party AI models.

For investors, the latest funding discussions also indicate a greater willingness to back AI companies operating across specialised and potentially high-value applications, including chemical R&D, manufacturing and generative AI infrastructure.

India is currently the world’s third-largest startup ecosystem, making the resurgence in AI funding significant for the country’s broader technology and venture capital landscape.

MStack AI’s ongoing fundraising could provide the company with additional capital to expand its AI-driven chemical R&D and manufacturing capabilities, while the potential participation of existing and new investors would strengthen its funding base. With the round potentially reaching $40-50 million, the company’s valuation and investor backing could rise further as discussions progress.

BlissClub will deploy the fresh funding to broaden its product portfolio, expand its offline retail network, strengthen product development and invest in technology supporting its direct-to-consumer business.

Margaret said BlissClub expects to close FY26 with around Rs 200 crore in net revenue while bringing its losses down to the lower single digits, moving the business closer to breakeven.

“We continue to improve profitability while growing over 60-65 percent year-on-year. Running a consumer brand is about managing the top line, bottom line and balance sheet together,” she said.

Founded in 2020 as a women’s activewear brand, BlissClub has since developed into a broader athleisure company. The startup entered menswear earlier this year and is now preparing to introduce denim, which Margaret described as one of its biggest product bets following more than three years of development.

Online channels continue to account for the bulk of BlissClub’s business, contributing 80-85 percent of its revenue. Nearly 80 percent of its online sales come through the company’s own website and app, while marketplaces contribute the balance.

Offline sales currently account for around 15 percent of revenue. The company plans to increase its retail presence across India’s leading metropolitan and tier-I cities while maintaining its focus on its direct-to-consumer channel.

“We’re still young in offline retail. The focus is on going deeper in the cities we’re already present in before expanding further,” she said.

BlissClub currently has a presence in Bengaluru, Delhi, Mumbai, Hyderabad and Pune. Alongside expanding its physical retail network, the company plans to continue investing in technology and product development.

On competition within the athleisure market, Margaret said BlissClub’s differentiation is centred on its product-led strategy rather than competing primarily on price.

“Repeat rates are what determine whether a consumer brand succeeds over the long term. We’ve invested heavily in building proprietary fabrics and working directly with mills, which gives us greater control over quality, innovation and cost,” she said.

The funding round also stands out because Margaret and Aatrey invested personal capital alongside institutional investors. Athleisure startup said the participation reflects their long-term conviction in the company’s next stage of growth.

The e-commerce and cloud computing giant initially invested $15 billion in February as part of a broader commercial partnership. Under the agreement, Amazon committed to invest an additional $35 billion upon the achievement of specific milestones, including an initial public offering (IPO) or a major AI breakthrough.

However, disclosures in Amazon’s latest financial results showed that the company released the remaining investment despite those conditions not being met.

The final tranche, received by OpenAI this week, brings Amazon’s total investment to $50 billion, giving the company an estimated 5% ownership stake, according to a person familiar with the matter.

The expanded investment further strengthens the relationship between Amazon and OpenAI, complementing existing commercial agreements covering cloud infrastructure, AI chips and computing resources.

The additional capital is expected to support OpenAI’s efforts to develop next-generation AI models, an area requiring substantial investment as competition intensifies with rivals including Anthropic, Google and several Chinese AI companies.

According to the report, Amazon agreed to complete the investment after OpenAI renegotiated its contract with Microsoft in April, allowing additional cloud providers, including Amazon Web Services (AWS), to provide cloud services to OpenAI.

The revised agreement followed reports that Microsoft had considered legal action over a potential breach of contract related to OpenAI’s partnership with Amazon.

Amazon has also invested heavily in AI startup Anthropic, committing up to $33 billion, of which $18 billion has already been invested, according to the company’s latest disclosures.

The company is using its partnerships with OpenAI and Anthropic to expand adoption of its proprietary Trainium AI chips, which compete with Nvidia’s GPUs and Google’s Tensor Processing Units (TPUs). Amazon also aims to make both companies’ AI models available to customers through its cloud platform.

Amazon declined to comment on the size of its stake in OpenAI.

Amazon’s completion of its $50 billion investment marks one of the largest strategic commitments in the AI sector to date. The deal not only strengthens OpenAI’s financial position ahead of its anticipated public listing but also reinforces Amazon’s ambitions to expand its AI infrastructure, cloud services and semiconductor ecosystem amid intensifying global competition.

The funding round attracted participation from Bain Capital, Fifth Wall, Chemistry, A, K5 Global, Abstract, SV Angel, Alpha Square Group, and Uber, the ride-hailing company Kalanick co-founded before exiting in 2017.

In addition to the equity investors, Bank of America, Goldman Sachs, Wells Fargo, JP Morgan, and Barclays have been named as debt partners. However, the company has not disclosed the size of any associated debt financing facility.

The latest investment comes as industrial AI and robotics continue to attract significant investor interest. Publicly traded companies supporting the robotics ecosystem have also benefited from growing optimism around the sector.

Atoms serves as the holding company built on CloudKitchens, Kalanick’s ghost kitchen business, and Pronto, the heavy-industry automation company previously led by Anthony Levandowski, which Kalanick acquired in March 2026.

Following the integration, the company now operates through three divisions—Atoms Food, Atoms Mining, and Atoms Transport.

In a post on X, Kalanick described Atoms as an original equipment manufacturer (OEM) building “atoms-based computers” for industrial sectors. He compared the company’s vision with how Uber digitized transportation and CloudKitchens transformed food production, writing, “Fuel to complete the bits-to-atoms story arc we started at Uber, continued at CloudKitchens and will now finish at Atoms.”

Ben Horowitz outlined the firm’s investment thesis in a post published on a16z.com, arguing that industry-specific robots offer greater practical value than humanoid robots.

“The specialised ones are far better suited to most of those jobs.”

He further added, “I think the most valuable thing someone could do with AI and robotics is to repeat the same thing Uber did for transportation, or that computers did for the digital world: to make everything and everyone more productive.”

Horowitz said the company’s three operating divisions are focused on what he described as “all trillion-dollar industries”—mining, heavy transport and food production.

The latest investment also carries personal significance for Kalanick. In his X post, he revealed that a partnership with Marc Andreessen and Ben Horowitz nearly materialised during Uber’s early years in 2011.

Reflecting on that missed opportunity, Kalanick wrote, “In 2017 Uber suffered the consequences of not having Marc on the board.”

Uber’s participation in the latest funding round adds another layer to the renewed relationship between the former CEO and the company he co-founded.

Atoms’ fundraising comes during a period of record investment in robotics and physical AI. According to Dealroom data cited by multiple outlets, global robotics funding reached $55.8 billion through early June 2026, nearly doubling the previous annual record.

Kalanick’s vision letter references Tesla’s “Amazing Abundance” thesis while positioning Atoms’ “Age of Atoms” as the industrial counterpart. Tesla reported negative free cash flow for Q2 2026 after AI and robotics investments exceeded $25 billion for the year, highlighting the significant capital requirements associated with large-scale AI and robotics development.

The $1.7 billion investment provides Atoms with substantial financial backing as it scales its industrial AI platform across food production, mining and transport. With support from Andreessen Horowitz, Uber and several leading investors, the company is positioning itself to capitalise on growing demand for specialised robotics and automation technologies in some of the world’s largest industrial sectors.

The startup currently operates more than 130 capsule pods across Noida, Amritsar, and Katra, serving over 10,000 guests. Its Katra property holds the distinction of being Asia’s highest-altitude pod hotel, while its Amritsar outlet is the city’s largest pod hotel.

Additionally, NapTapGo gained nationwide recognition after appearing on Shark Tank India Season 5. The company has also signed a Memorandum of Understanding (MoU) with HPCL to explore the development of capsule hotels at highway transit locations.

NapTapGo offers travelers a flexible accommodation model that allows guests to pay only for the hours they stay. Furthermore, the startup provides flexible check-in timings and affordable, hygienic lodging designed for business travelers, pilgrims, solo travelers, and transit passengers.

Founder & CEO Nitin Malhotra said the newly raised capital will enable the company to expand its footprint while maintaining operational efficiency and delivering a consistent guest experience. The startup plans to grow through a combination of company-owned properties and co-invested franchise units.

According to Inflection Point Ventures, the investment reflects the rising demand for clean, affordable, and flexible accommodation as domestic travel continues to grow across India. Moreover, mature NapTapGo properties have already achieved occupancy levels of up to 80%, highlighting the scalability of its business model.

Founded by Nitin Malhotra and Himanshu Shukla, NapTapGo aims to establish a trusted nationwide brand in the affordable hospitality segment by leveraging technology and a standardized capsule hotel model.

Under the binding Share Acquisition Agreement, Aurum PropTech will acquire a 100 percent stake in Housing.com by issuing 1,97,93,309 equity shares, representing approximately 20.5 percent of its enlarged share capital. Consequently, REA India Pte Ltd, in which REA Group holds a controlling interest, will increase its total shareholding in Aurum PropTech to 24.9 percent.

Moreover, the acquisition combines Housing.com’s consumer-focused real estate marketplace with Aurum PropTech’s technology-enabled transaction platform. Housing.com currently attracts more than 58 million average monthly visits and serves over 12 million monthly active users, making it one of India’s largest digital real estate platforms.

Additionally, the transaction aligns two major players in the proptech industry by bringing together REA Group’s global expertise and Aurum PropTech’s extensive presence in India’s technology-driven real estate market. As a result, REA India will emerge as a significant shareholder in Aurum PropTech, strengthening the strategic partnership between the two companies.

Furthermore, Aurum PropTech plans to develop an AI-native operating system that will unify consumer demand, developer inventory, brokerage services, rental solutions and transaction data on a single platform. The company expects this integrated AI and data architecture to improve property discovery, pricing intelligence, customer matching and decision-making while enhancing operational efficiency across the real estate value chain.

Mr. Ashish Deora, Founder & CEO, Aurum Ventures, said, “We welcome REA as a significant shareholder in Aurum PropTech as we build the next chapter of Indian PropTech, powered by AI and data. Housing is India’s leading real estate marketplace, and Aurum is the largest tech-enabled transactions platform. Bringing marketplaces and transactions together on one platform will create compounding synergies that will drive the next phase of value creation. The real power lies in the data flywheel: as Housing and Aurum platforms work together, every intent, intelligence, transaction, financing and living makes the whole ecosystem smarter, setting a new benchmark for how real estate is discovered, transacted, and serviced in India.”

Mr. Cameron McIntyre, REA Group CEO, said, “Aurum has strong capability and local market knowledge to operate the India business effectively. We are confident it will be in the right hands and is well placed to build on the strong foundations the team has established. To the REA India team, thank you for the significant contribution you have made. We are committed to supporting everyone through this process and look forward to future growth and partnership under Aurum’s leadership.”

The acquisition represents a significant step in Aurum PropTech’s long-term strategy to create an end-to-end digital real estate ecosystem powered by artificial intelligence, data intelligence and integrated property services. As the Indian proptech market continues to evolve, the combined platform aims to deliver a seamless experience across the entire real estate lifecycle for consumers, developers and channel partners.

The company will use the fresh capital to strengthen its artificial intelligence capabilities by developing its AI Intelligence Layer, which will include an Audit Agent, Tax Preparation Agent, Accounts Receivable Agent, Accounts Payable Agent, and several other AI-driven solutions, according to a company statement.

Founded in 2022 by Shrigopal Malani and Abhinav Sharma, Hisabkitab integrates artificial intelligence, cloud technology and end-to-end accounting capabilities into a single platform. As a result, businesses can replace multiple billing, bookkeeping, compliance and financial reporting tools with one unified solution.

The Surat-based startup said its platform improves accounting accuracy, operational productivity and financial visibility by combining automation with an integrated software ecosystem. Consequently, businesses no longer need to manage multiple disconnected software subscriptions.

According to market research, the Indian accounting software market reached a value of nearly $699 million in 2025 and is projected to grow to almost $1.5 billion by 2034, registering a compound annual growth rate (CAGR) of 8.83 percent between 2026 and 2034.

Hisabkitab said it has attracted more than 30,000 sign-ups while serving over 2,700 paying SMEs and startups. Additionally, the company reported nearly sixfold growth in monthly revenue, which increased from ₹4.18 lakh in May 2025 to ₹25.01 lakh in June 2026.

Going forward, the startup plans to invest in customer acquisition through performance marketing and organic growth initiatives. It also intends to expand its CA Partner Program across India while strengthening its product and business teams through strategic hiring.

Hisabkitab competes with accounting software providers including Vyapar, Tally, Khatabook, MyBillBook, Zoho Books, Busy and Swipe, while also targeting businesses that continue to rely on manual Excel-based accounting workflows.

With fresh funding and a growing customer base, Hisabkitab aims to accelerate product innovation, strengthen its AI-powered accounting ecosystem and expand its presence in India’s rapidly growing accounting software market.