• Startup Chai
  • Posts
  • Curefoods Secures Rights, Centre’s IndiaAI Mission, and Flipkart’s Cost Control

Curefoods Secures Rights, Centre’s IndiaAI Mission, and Flipkart’s Cost Control

Plus fundraising news about Hyperbots, Biryani Blues, and JSW One Platforms

Curefoods has secured the pan-India rights for Krispy Kreme, promising to spread those iconic donuts across the country. Meanwhile, the Centre’s IndiaAI mission has received bids offering a hefty 18,000 GPUs, setting the stage for the nation’s AI future. On the e-commerce front, Flipkart is reportedly reining in its ‘Minutes’ expansion to tighten cost control, showing that even giants are sharpening their focus.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Dheere Dheere Haule Haule”: Curefoods Buys Pan-India Rights For Krispy Kreme

Curefoods has quietly expanded its dessert empire, acquiring pan-India rights for Krispy Kreme. The deal brings 11 new outlets in Delhi-NCR into its fold, including locations like Aerocity and Select City Walk.

With over 100 stores now operational, the move marks a deliberate shift to take the brand beyond its southern stronghold and into the heart of North India.

Read more here

“Kehete Hai Humko Pyaar Se India Wale”: For IndiaAI Mission, Centre Receives Bids Offering 18K GPUs In Second Round

India’s AI ambitions just got a major hardware boost—bids offering 18,000 GPUs rolled in for the second round of the IndiaAI Mission.

With tech giants like AWS and Google Cloud-linked firms in the mix, about 15,000 GPUs are expected to qualify. It’s a big step in the Centre’s ₹10,000-crore push to power local AI models and language innovation.

Read more here

“It’s All About The Right Time”: Flipkart Likely To Limit ‘Minutes’ Expansion To Rein In Costs

Flipkart seems to be hitting pause on its rapid delivery sprint—plans for 800 dark stores have been trimmed to around 500 by October.

The move comes as the company looks to curb a hefty $40 million monthly burn ahead of its 2026 IPO. With redomiciling to India also in motion, Flipkart’s quick commerce dreams are being tempered by financial reality.

Read more here

  1. Hyperbots just raised $6.5 Mn to bring agentic AI into finance and accounting workflows. Backed by Arkam and Athera, the platform aims to cut through the number-crunching with automation at its core.
    Read more here

  2. Biryani Blues has served up a fresh $5 million funding round led by Yugadi Capital, Carpediem’s new fund. The quick service chain plans to spice up its expansion with backing from both new and existing investors.
    Read more here

  3. JSW One Platforms has entered the unicorn club, raising ₹340 crore at a $1 billion valuation—a 3x leap since April 2023. Backed by Principal Asset Management and others, the B2B platform now aims to fortify its supply chain, credit access, and fintech play across India.
    Read more here

  4. Zepto is closing in on a $350M secondary share sale to boost domestic ownership above 50% ahead of its IPO. The move positions the quick commerce firm to run an inventory-led model while streamlining its cap table for public listing.
    Read more here

  5. Science-led skincare brand Be Clinical has raised ₹2 crore in seed funding led by Titan Capital and founder Aditya Agarwal of P-Tal. The fresh funds will fuel in-house manufacturing and expand its range of clinical anti-ageing solutions for India's Gen Z and millennials.
    Read more here

  6. LUZO, the digital marketplace for salons and spas, has raised $550K in seed funding led by Enrission India Capital and industry veterans. The platform aims to streamline premium wellness bookings for urban India’s growing tribe of tech-savvy self-care seekers.
    Read more here

How did today's serving of StartupChai fare on your taste buds?

Login or Subscribe to participate in polls.