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The Bengaluru Chip That Wants to Power Every Smart Appliance on Earth: Inside the $13 Million Bet That India Can Build the Brains of the Physical AI Revolution
StartupsMay 24, 2026

The Bengaluru Chip That Wants to Power Every Smart Appliance on Earth: Inside the $13 Million Bet That India Can Build the Brains of the Physical AI Revolution

Ramamurthy Sivakumar has been building chips for longer than most of India's semiconductor startups have existed. He was designing processors when the country's chip ecosystem was still a government monopoly, when the idea of an Indian fabless semiconductor company competing globally was considered a fantasy, and when the phrase "AI-native silicon" had not yet been coined. He spent years inside Intel, where he learned what it takes to architect a processor that ships in the hundreds of millions of units. He watched the mobile revolution transform the semiconductor industry. And then, in 2023, he decided that the next great transformation—the one that would define the rest of his career—was not in data centres or smartphones. It was in the physical world. In the appliances, the electric vehicles, the industrial systems that were about to become intelligent—and that had no chips designed specifically for them.

The ₹70,000 Crore Question: How a Delhi Dropout Built India's Biggest Eyewear Empire, Survived a Shark Tank Valuation Meme-Storm—and Just Posted a ₹530 Crore Profit That Silenced Everyone
StartupsMay 24, 2026

The ₹70,000 Crore Question: How a Delhi Dropout Built India's Biggest Eyewear Empire, Survived a Shark Tank Valuation Meme-Storm—and Just Posted a ₹530 Crore Profit That Silenced Everyone

In October 2025, the internet made fun of Peyush Bansal. Lenskart, the company he had spent fifteen years building from a small Delhi shop into India's largest eyewear retailer, was about to go public. The valuation was approximately ₹70,000 crore—roughly $8 billion at the upper end of the price band. The price-to-earnings ratio, calculated on trailing earnings, was approximately 230. The memes arrived within hours. "Glasses Or Diamonds?" read one viral post, comparing the per-share price of Lenskart to a pair of gold earrings. Shark Tank India viewers—who knew Bansal as the measured, thoughtful investor on the show's judging panel—pointed out the apparent hypocrisy: the same person who grilled founders about their valuations was now asking public-market investors to pay one of the highest multiples in Indian consumer internet history.

The $15 Million Bet That Indian Mythology Can Be Bigger Than Marvel: How the Turnaround CEO Who Sold a Superhero Company for $100 Million Is Building the "Disney from the East"
StartupsMay 24, 2026

The $15 Million Bet That Indian Mythology Can Be Bigger Than Marvel: How the Turnaround CEO Who Sold a Superhero Company for $100 Million Is Building the "Disney from the East"

Jason Kothari was 12 years old when he first imagined Bloodshot as a movie. The character—a nanite-infused super-soldier from the Valiant Comics universe—was not yet famous. Valiant itself was not yet famous. It was, in fact, bankrupt. Two decades later, Kothari had acquired Valiant Entertainment while still an undergraduate at Wharton, recruited the management team behind the historic Marvel turnaround, led the company out of bankruptcy, sold it to China's DMG Entertainment for $100 million, and served as executive producer on the Vin Diesel-led Bloodshot film for Sony Pictures. He was, by any measure, one of the most unusual entrepreneurs in the Indian diaspora—a turnaround specialist who had operated at the intersection of entertainment, finance, and technology his entire career.

The Flipkart Brain Behind a $63 Million Travel Fintech Bet—And a Valuation That Just Doubled
StartupsMay 24, 2026

The Flipkart Brain Behind a $63 Million Travel Fintech Bet—And a Valuation That Just Doubled

Anil Goteli was 4 a.m. awake in a Dharamshala hotel lobby, his family asleep upstairs, the December cold pressing against the windows. He had left Flipkart after nearly a decade—the books business, the home and furniture division, the entire marketplace, the pricing algorithms, the Big Billion Days. He had helped build India's largest e‑commerce company from a scrappy startup into a Walmart‑owned giant. And now, at 4 a.m. on what was supposed to be a vacation, he was trying to decide what to build next. "I was constantly thinking about what to build," he recalled. "Then one morning it struck me, why don't I build a card that rewards people for travel?"

The Week India's Students, Its State, and Its VCs All Bet on the Same Thing: Deep Tech
StartupsMay 24, 2026

The Week India's Students, Its State, and Its VCs All Bet on the Same Thing: Deep Tech

Sometime in the past seven days, a handful of events occurred across India that, taken individually, would each be a modest news item. A venture capital firm you have probably never heard of announced a $100 million fund. A government board approved 22 research grants. A campus report noted that student founders are pivoting from consumer apps to quantum computing. Apple released a few short films about Indian college coders. None of these would, on their own, stop the scroll.

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