YourStory brings you today’s headlines with the latest developments across sectors. After deciding not to seek another term as Tata Sons chairman when his tenure ends in February 2027, N Chandrasekaran could have several options for his next chapter.YourStoryexplores five plausible paths: public service or institution-building, backing startups, leading a national AI mission, becoming a private-equity operating partner, or leading another large company. Ahmedabad-based EV startup MATTER Motor Works has raised $25 million (around Rs 240 crore) in growth capital from existing investors to scale its electric motorcycle business. The funding will support manufacturing and supplier expansion, distribution and brand-building, and the launch of four new motorcycles over the next 12–24 months. New Delhi-based wealth management firm Nexedge Capital has raised $20 million in its maiden funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners. The company will use the capital to strengthen its technology platform, expand its senior banker network and grow into Tier-II and Tier-III cities across India. Founded in February 2025 by former 360 ONE Wealth co-founder Anirudha Taparia, Nexedge says it has already built $3 billion in assets under management across more than 1,300 clients. It plans to add offerings for NRIs and launch an NBFC business, while expanding its team of senior bankers; more than 150 senior leaders have also invested their own capital in the firm. AI-native health insurance platform Staywell.Health has raised an investment led by Equanimity Investments, alongside a select group of investors. Founded by Arun Ramamurthy, Arup Chatterjee and Atul Mehta, the company focuses on retail health insurance distribution in India, combining artificial intelligence with human advisors across the customer journey. The fresh capital will help Staywell.Health accelerate development of its AI platform, expand its distribution network and strengthen its advisory and customer engagement capabilities. The company will also scale ClaimsKavach, its claims-first offering designed to help customers navigate the health insurance claims process with greater support and confidence. IAN Angel Fund, the evergreen fund of IAN Group, has co-led a Rs 12.5 crore investment round in Bengaluru-based climate-tech startup CarbonStrong, with participation from Rainmatter, Social Alpha, Spectrum Impact and Full Circle Ventures. The seed funding will fund the startup’s first production facility, expand its team, develop and test products, and move from customer trials to commercial-scale production. Founded in 2022 by Harsh Jain and Vikramaditya Singh, CarbonStrong develops low-carbon cement substitutes using industrial waste. Its materials can replace up to 50% of cement used in concrete, while the company claims they are around 30% cheaper than cement and can improve concrete durability. CarbonStrong plans to build production capacity of up to 100,000 ton
