Startup news and updates: daily roundup (September 29, 2026)

From Ola Electric’s board approving Rs 1,000 Cr via a rights issue of partly paid-up shares to bolster its capital structure, to SiMa.ai, a physical AI startup that has raised $150 million in a Series C round, YourStory brings you today’s headlines with the latest developments across sectors. Featured Stories Devsparks Chennai As AI makes copying easier, this product leader says trust is the real edge A young composer built a backyard studio in 1989 and did everything himself: composing, produci