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News
K-nest Construction Tech Pivots to DeepTech for Infra Sector
4+ hour, 7+ min ago (265+ words) Whalesbook K-nest Construction Tech, a private firm previously known for its aluminium formwork solutions, is shifting its business model toward DeepTech The company is now integrating robotics, 3D concrete printing, and human-augmentation wearables into its service offerings This pivot marks a…...
India’s Deep-Tech Sector Raises $574 Million in 2026
6+ hour, 53+ min ago (251+ words) Whalesbook The Indian deep-tech startup sector has reached a new milestone in 2026, with startups raising approximately $574 million across 61 deals so far this year This activity brings the total investment in the sector to roughly $11.4 billion since 2015 However, this rapid inflow…...
Vimag Labs Unveils Magnet-Free Motor Tech for EV Sector
7+ hour, 23+ min ago (268+ words) Whalesbook Bengaluru-based deep-tech startup Vimag Labs has announced the development of a magnet-free electric motor, a move intended to reduce the electric vehicle industry's dependence on rare-earth magnets The technology, which the company calls the Virtual Magnet Synchronous Motor, replaces…...
India's Creative Economy Hits 57 Million Jobs Amid AI Shift
19+ hour, 57+ min ago (271+ words) Whalesbook The cultural and creative sector in India, often referred to as the Orange Economy, has reached a significant milestone with 57 million people now employed in the field This expansion marks a 40% growth since 2017, cementing the sector's role as a…...
Indian IT Sector WFO Jobs Surge 26% Amid AI-Driven Structural Reset
22+ hour, 45+ min ago (270+ words) whalesbook.com The Indian technology industry is undergoing a significant workplace transformation as companies actively pivot away from the remote work models that became standard during the pandemic Data from staffing firm Xpheno shows that full-time, work-from-office (WFO) job openings…...
RBI Proposes New Rules for Freezing Fraud-Linked Bank Accounts
17+ hour, 40+ min ago (274+ words) whalesbook.com The Reserve Bank of India (RBI) has released a draft framework to standardize how financial institutions respond to suspected cyber fraud and money mule activity This initiative is a direct response to a Supreme Court of India order…...
Indian Startup Funding Jumps 42% to $412 Million Led by Pixxel
17+ hour, 49+ min ago (293+ words) whalesbook.com The Indian startup ecosystem saw a significant boost in capital flow during the second week of September 2026, with total funding rising to $412.81 million across 24 deals This represents a 42% week-on-week growth compared to the $290.91 million recorded previously The rally…...
Karnataka Pushes Safran for Avionics Hub Under New 2026 Policy
3+ day, 15+ hour ago (251+ words) Whalesbook Karnataka Industries Minister M.B Patil has pitched to French aerospace giant Safran for a deeper footprint in the state, specifically targeting avionics and space electronics This development comes as the state moves to implement its newly approved Karnataka Aerospace…...
ITAT Jaipur Cancels ₹5.15 Lakh Tax Demand on Senior Citizen
3+ day, 16+ hour ago (267+ words) The Income Tax Appellate Tribunal (ITAT) Jaipur has removed a tax addition of ₹5.15 lakh imposed on a senior citizen. Authorities had flagged bank transactions as unexplained income after the taxpayer failed to file an ITR or respond to notices. The…...
Sigma Advanced Systems Begins Production at New Aerospace Facility in Sri City
4+ day, 7+ hour ago (230+ words) Whalesbook Sigma Advanced Systems Commences Production at New Aerospace Unit 75,000 sq ft of manufacturing space now active; targets 300,000 annual machining hours capacity Reader Takeaway: Sri City facility boosts local manufacturing capabilities while management targets double-digit EBITA growth through operational scaling…...