Who wrote a cheque this week.

Ola Electric has secured a ₹95.81 crore incentive from the Indian government's PLI-Auto scheme.

Ather's stock surged 10% while Shiprocket's stock declined by 9% in a mixed week for new-age tech stocks.

Temasek has invested in Singapore Airlines' funding round for Air India, though the amount was not disclosed.

Infosys Public Services CEO Lax Gopisetty is currently unreachable following devastating floods in Nepal.

Meta has reached an $18 billion settlement related to teen safety concerns, raising questions about the global applicability of such measures.

VerSe Innovation has launched SparkStation, a global AI content platform designed for studios, brands, and creators.

IIT Madras Global has launched 'Bharat Ascend' to foster the next generation of innovators and entrepreneurs.

Purple Style Labs has raised Rs 306 crore from anchor investors ahead of its IPO.

Indian startups raised significant funding this week, with notable investments including $100 million in Series D funding for fintech startup Slice led by Tiger Global, and agritech startup DeHaat securing $115 million in a Series D round led by Sofina and Lightrock India.

Ather has launched the Konarc e-scooter priced at ₹99,999, featuring a range of up to 200 km.

VC inflow saw a marginal increase during the week of August 22-28.

Aakash's revenue remained flat at Rs 2,041 crore in FY26, while EBITDA dropped by 65%.

Myntra Tech Threads 2026 convenes brands to explore technology-driven advancements in fashion, beauty, and lifestyle commerce.

Jio Platforms has received SEBI approval for a $3.8 billion IPO, marking India's largest ever public offering.

Indian startups, including Third Wave Coffee and MATTER, collectively raised over $210 million this week.

Startup X-Chem has raised $5 million from BioVentures to develop a cheek swab test that screens for 7,442 genetic disorders.

Logistics AI is attracting significant investor interest due to its potential to optimize supply chains and reduce costs, enhancing efficiency in the industry.

The Contemporary Now art festival concluded its third edition in Chennai, featuring 66 artists across 10 venues.

Minus Degre secured funding to transform plastic waste into eco-friendly materials, though the amount and investors were not disclosed.

Raise Financial has appointed former Upstox executive Abhishek Singh to lead its new insurtech venture.