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LatestStartup And Fundraising 23 October 2026

US Funding Boosts Semiconductors, AI Startups, GST Reforms & More

The U.S. government will pour $389 million into power‑semiconductor research while Nvidia expands its AI video portfolio with a fresh stake in Higgsfield. In India, GST reforms roll out from Nov 1, the Udyami Yojana loan scheme stalls, Unicorn India Ventures eyes the U.S. market for deep‑tech firms, Amaha secures ₹100 crore for mental‑health clinics, Karta AI raises $3 million seed funding, and EV mechanics are retraining as battery technicians.

Key Highlights
- The U.S. Department of Energy announces a $389 million investment to accelerate power‑semiconductor research, aiming to strengthen domestic chip supply.
- Nvidia backs AI video startup Higgsfield with additional funding, extending its $400 million round to boost AI infrastructure.
- India’s GST reforms will be implemented in phases starting 1 Nov 2026, easing compliance and setting major changes for Apr 2027.
- The Udyami Yojana MSME loan rollout faces delays as the finance department seeks clarification from the State Development and Technical Education (SDTE) board.
- Unicorn India Ventures plans a U.S. expansion to scale Indian deep‑tech startups after closing a ₹1,200 crore third fund.
- Mental‑health startup Amaha aims to raise ₹100 crore to open new hospitals and clinics across key Indian cities.
- Voice‑AI platform Karta AI secures a $3 million seed round led by PeerCapital and Cedar Hill Capital.
- Indian EV mechanics are transitioning to become battery technicians, reflecting the shift toward electric mobility.

*Sources: Analytics Insight, Investing.com, ET CFO, New Indian Express, CIOL, IndianWeb2, Ascendants, Tech Panda.

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