Startup news and updates: daily roundup (October 16, 2026)

From AI startup RapidCanvas raising $29 million to BharatPe launching Agentic AI amid festive season, YourStory brings you today’s headlines with the latest developments across sectors. Latest news BharatPe launches Agentic AI for businesses In the middle of the festive season, BharatPe Agentic AI brings an intelligent, 24x7 assistant to the BharatPe for Business app, built with Gemini Enterprise Agent Platform on Google Cloud. The Agentic AI brings assistance, context and task execution togethe