US-India Tech News Update for November 13th, 2025

US-India Tech News Update for November 13th, 2025

This is a fully AI generated summary and audio briefing of news int he US and India tech and startup industries.

Welcome to your daily business news briefing! Let's dive right in.

First up, Hyderabad Angel Fund has launched a 11.3 million dollar fund to back early-stage startups, signaling growing investor confidence in the Indian startup ecosystem. In the UK, Apple is facing a potential 1.27 billion dollar damages claim over App Store policies, while simultaneously launching a new Mini Apps program with a reduced 15% commission.

Over in the US, Google DeepMind unveiled SIMA 2, an AI agent capable of navigating complex 3D virtual worlds. Meanwhile, Pine Labs' IPO is yielding dramatically different outcomes for its investors, with Peak XV Partners seeing a 39.5x return while Lightspeed books a loss.

In other news, Unnati Agri and Gramophone are merging to create a leading rural distribution company, and BharatAgri has unfortunately shut down due to funding constraints. On a brighter note, Honasa Consumer, the parent company of Mamaearth, has swung back to profitability.

Finally, let's take a quick look at the crypto market: Bitcoin is currently at $98,681, and Ethereum is at $3,200.

That’s all for today’s briefing. Stay tuned for more updates!

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