YourStoryNew
Two Point O raises $10M led by Transition Venture Capital
Two Point O will use this funding round to expand into newer asset classes as well deepening its reach in the current energy management segment.
Reported by 2 outlets: ET Tech.
Digital India News Today: Monday 2 November 2026
Today in 60 seconds
Checked , newest story added 06:16 IST. 5 stories on today's page, from 3 outlets.
- Two Point O raises $10M led by Transition Venture CapitalStartups & FintechYourStory, ET Tech
- Beauty & personal care brand Hyeglo Beauty raises Rs 7 crore funding led by SauceStartups & FintechET Tech
- Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseSecurityThe Economic Times
- UPI hits record 25.47 billion transactions in October, daily value crosses Rs 1 lakh crorePaymentsEntrackr, BusinessLine
- AI challenges traditional productivity metrics for Indian ITAI & TechBusinessLine
The five biggest events right now, ranked by how many outlets report them.
Latest numbers
UPI transactions, September 2026 monthly24,068.38 millionNPCI, published 1 October 2026UPI value, September 2026 monthly₹29,37,397 croreNPCI, published 1 October 2026Funding rounds reported, 27 Oct to 2 Nov13 rounds, 0 undisclosed$49.7 Mn in 7 dollar roundsRs 188.1 Cr in 6 rupee roundsOur count from Inc42, Entrackr and other reports, not converted between currencies
ET TechNew
Beauty & personal care brand Hyeglo Beauty raises Rs 7 crore funding led by Sauce
The direct-to-consumer (D2C) will use the funds for research and development (R&D), new product launches, brand building and hiring, as it looks to expand its portfolio, founder Kanupriya Ahluwalia told ET.
Most read today
Startup
Two Point O raises $10 Mn led by Transition VC to finance clean energy for factories and buildings
The Mumbai startup pays for solar, storage and efficiency projects at commercial and industrial sites and uses its own AI tools to underwrite and monitor them.
Startup
A seller claims to have super admin access to Vijay Sales' internal systems and is offering it for $25,000
The listing says the access reaches millions of order records plus employee, vendor and payment data.
Analysis
Affle is buying Israel's Perion for about $420 million. Half the price is Perion's own cash
The Gurugram adtech company's all cash deal for the Nasdaq listed firm adds connected TV, retail media and billboard advertising in North America to Affle's mobile business, with a go shop window open until December 11.
Startup
ED arrests Armstrong Exchange founder Sagar Dash, alleging betting money moved through a co-op bank account into crypto
The agency says proceeds of the All Panel Exchange betting and cyber fraud racket passed through mule accounts, shell firms and a Bengaluru credit society account opened for Dash's company before being turned into cryptocurrency.
Startup
Digi Yatra starts international passenger trials at seven airports using e-passport credentials
Indian nationals with e-passports flying Air India and select IndiGo routes can now use the face based boarding app at terminal entry, security and boarding gates in Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Cochin and Amritsar until December.
Startup
India's fifth Digital Life Certificate drive targets 2.3 crore certificates, most of them through Aadhaar face authentication
The month-long campaign runs across 2,000 cities and districts with banks, post offices, UIDAI and MeitY, and aims for 1.5 crore certificates generated by a face scan on a phone.
Startup
EPFO puts PF balance and passbook on WhatsApp and starts settling small dormant accounts on its own
Launched on EPFO's 74th Foundation Day, the WhatsApp channel shows balances and the last five transactions, while Aadhaar-verified inoperative accounts holding up to Rs 1,000 will be paid out without a claim.
Startup
SEBI fines CDSL Rs 1 Cr for cybersecurity and pledge lapses found in an FY24 inspection
The regulator says the depository left data loss prevention incomplete, patched vulnerabilities late and ran a VAPT that did not cover all its applications.
Startup
Desible.ai raises Rs 32 Cr to turn voice AI into a workflow layer for insurers and lenders
Prime Venture Partners led the seed plus round.
Startup
CopperPilot raises $390K for an AI agent that turns plain English into circuit board designs
Neon Fund led the pre-seed round as the Bengaluru and Houston startup opened Epsilon, the first version of its hardware design agent, to engineers.
Startup
L Catterton invests in InMobi's Glance as it bets on AI shopping agents in the US
The consumer-focused investor did not disclose the size of the deal.
Analysis
AM Intelligence wants up to $3 billion in debt to pay for its Nvidia Rubin GPUs. Here is what the money is for
The Greenko founders' AI infrastructure company has about 29,000 Rubin GPUs on order for India and Malaysia, and is now lining up loans, bonds and an equity round to pay for them.
Startup
Arrowhead AI launches Fletch, its own 14 language text to speech model for bank and lender voice agents
The Bengaluru voice AI startup says the model already runs inside a calling stack that handles more than a million customer calls a day.
Startup
Vouch raises $500,000 from Y Combinator to build an AI wealth manager for Indian families
Founded by a former Robinhood product manager, the startup plans to launch its app in November 2026, subject to regulatory licensing.
Startup
SpectraGaze Systems raises Rs 3.7 Cr from GVFL to build Indian infrared detectors for space and defence
The Ahmedabad startup, founded by a former ISRO scientist, ran on customer programmes for three years before this first outside round.
Startup
SBI Card and Air India are building a new Visa co-brand credit card for Maharaja Club members
The partners announced the programme on October 28 but have not yet said when it launches, what it costs or how many points it earns.
Startup
Fibe plugs its loans into Hygge Energy's rooftop solar marketplace to speed up PM Surya Ghar adoption
The digital lender and the Canadian fintech for cleantech firm want households to find a solar installer and the loan to pay for it in one digital journey.
Analysis
Capillary's 3 million euro loss came down to a lookalike domain and WhatsApp, KPMG finds. The deepfake question stays open
The forensic report on the Czech subsidiary fraud found impersonation and a fake confidential deal, not a hack.
Startup
IN-SPACe offers Rs 67 Cr to four space startups for iodine thrusters, refuellable engines, space clocks and a NavIC chip
The second round of the Technology Adoption Fund takes the number of backed companies to seven.
Startup
D-Propulse lines up a 2027 flight test for its rotating detonation engine after DRDO ground runs
The Delhi startup founded by Saurav Jha and former DRDO scientist V Ramanujachari has no revenue yet and is looking at testing services while it works toward flight hardware.
Startup
eMudhra quits the global TLS business after weak CA keys, but India's accountability questions remain open
Browsers distrusted the Bengaluru certifying authority's ECC root within days.
Startup
Pronto founder Anjali Sardana launches Provision Labs, a US physical AI data venture
The San Francisco company will collect real world data to train and test robots and other machines, with backing from the same investors behind Pronto.
Startup
BioStack raises $9.5 Mn seed round led by Peak XV, DCVC and Afore to build training data for medical AI
The Y Combinator backed startup, which works with hospitals in India, the US, Brazil and Argentina, says it has access to more than 100 million de-identified patient records.
Startup
AU Small Finance Bank investigates a possible leak of vehicle loan data from a Salesforce hosted platform after a hacker group's claims
The Jaipur lender says its own systems are unaffected.
DPDP compliance countdown
From our sister site dpdpr.inWhen India's Digital Personal Data Protection Act and Rules switch on, phase by phase.
- 10days to goConsent Manager registrationFrom 13 November 2026, 00:00 IST10 days 17 h 29 min to go
- 191days to goMain duties of businesses, rights and penaltiesFrom 13 May 2027, 00:00 IST191 days 17 h 29 min to go
In force since 13 November 2025: Definitions and the Data Protection Board.
Dates from G.S.R. 843(E) and rule 1 of the DPDP Rules, 2025. dpdpr.in is an independent reference run alongside bharat.digital. It is not a government website and is not legal advice.
Funding tracker: every round with its sourcesRSS
Funding rounds, launches and acquisitions at Indian startups in fintech, digital public infrastructure, AI, deep tech, climate tech, security, SaaS and govtech. Each links to its source.
Fintech & PaymentsWrite-up
Two Point O Capital
Financing and deployment platform for clean energy projects at commercial and industrial sites
Raised $10 Mn Series A led by Transition Venture Capital
SaaSWrite-up
Affle 3i
AI powered mobile advertising platform paid per converted user
Agreed to acquire Perion Network for about $420 Mn in cash
DPI, ONDC & AAWrite-up
Digi Yatra Foundation
Not for profit foundation that runs Digi Yatra, India's facial recognition based paperless airport entry and boarding system
Began international passenger trials at seven airports
GovtechWrite-up
Department of Pension and Pensioners' Welfare (Jeevan Pramaan)
Central government department running the Jeevan Pramaan digital life certificate drive for pensioners
Started fifth nationwide Digital Life Certificate campaign (Nov 1 to 30)
GovtechWrite-up
EPFO (Employees' Provident Fund Organisation)
Statutory body that runs India's provident fund and pension scheme for salaried workers
Launched WhatsApp services and automatic settlement of small inoperative accounts
CybersecurityWrite-up
Capillary Technologies
Loyalty and customer engagement software
KPMG forensic report on EUR 3.04 Mn payment diversion fraud
AIWrite-up
Manastu Space, Inspecity, VyomIC and MumbaiSemi
Iodine Hall effect thrusters, refuellable microsatellite propulsion, space grade clocks and a NavIC and GPS receiver chip
Offered Rs 67.15 Cr under IN-SPACe Technology Adoption Fund
AIWrite-up
D-Propulse
Rotating detonation engines for high speed drones, missiles and other aerospace platforms
Targets 2027 flight test, 2028 limited production
CybersecurityWrite-up
CDSL (Central Depository Services (India) Ltd)
Securities depository that holds investors' shares in electronic form
Fined Rs 1 Cr by SEBI for cybersecurity and compliance lapses
AIWrite-up
AM Intelligence
AI compute as a service and AI data centres backed by Greenko's renewable power
Seeking up to $3 Bn in debt to fund Nvidia Rubin GPU orders (Bloomberg report)
Source: NPCI UPI product statistics, latest month published 1 October 2026. Chart: bharat.digital. Monthly figures.
The Economic Times
Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks rise
Cyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Bank is investigating a possible data breach involving customer information stored on Salesforce.
CERT-In advisories
- CIAD-2026-0057Multiple vulnerabilities in GoAhead Web Server
- CIAD-2026-0056Multiple Vulnerabilities in Apple Products
- CIAD-2026-0055Out-of-Bounds Write Vulnerability in Google Brotli Decoder
- CIAD-2026-0054Multiple vulnerabilities in Fortinet Products
- CIAD-2026-0053Compromise of LiteLLM PyPI Package and Docker Images
Source: Indian Computer Emergency Response Team, advisory list.
Known exploited, latest additions
- CVE-2026-118527Ivanti Connect Secure: Ivanti Connect Secure Generation of Predictable Numbers or Identifiers Vulnerability
- CVE-2026-111357Ivanti Connect Secure: Ivanti Connect Secure Missing Authentication for Critical Function Vulnerability
- CVE-2026-97229GitLab Community Edition and Enterprise Edition: GitLab Community Edition and Enterprise Edition Integer Overflow or Wraparound Vulnerability
- CVE-2026-76418Cisco Secure Firewall ASA Software and Cisco Secure FTD Software: Cisco Secure Firewall ASA Software and Cisco Secure FTD Software Unchecked Return Value to NULL Pointer Dereference Vulnerability
Source: CISA Known Exploited Vulnerabilities catalog (US), version 2026.10.30, 1766 entries. Links open the NVD record.
X NewsAI summary of posts on X
Affle to Acquire Perion Network for $420 Million in Adtech Expansion
Indian AI firm Affle 3i agreed to buy Israel-based Perion Network for $420 million in cash, offering Perion shareholders $11.70 per share, a 34.5% premium over recent prices.
X NewsAI summary of posts on X
Vitalik Buterin Lands in Mumbai for India's First Devcon 8
ExplainerHow UPI worksWhat happens between scanning a QR code and the money arriving, and who does what along the way.ExplainerWhat the DPDP Act means for startupsIndia's data protection law is now being switched on in phases. What a young company has to do, and by when.ExplainerWhat ONDC isAn open network for digital commerce: why a shopper on one app can buy from a seller on another.ExplainerWhat India Stack isIdentity, payments and data: the shared digital building blocks that much of India's digital economy runs on.
That is everything for today so far. The site is rebuilt every two hours.