Hello, RBI Governor Sanjay Malhotra, on Saturday, reaffirmed India’s cautious stance on cryptocurrencies over risks to monetary sovereignty, monetary policy, and capital flows. However, he emphasized that the country actively supports the underlying technology, including tokenization and distributed ledger systems. Elsewhere, SEBI is developing a secondary surveillance framework to identify and ultimately remove bad actors among listed companies, according to Whole-Time Member Kamlesh Varshney. Speaking at a CPAI event, Varshney added that the regulator is also taking steps to flag high-risk, small IPOs to safeguard retail investors from potential losses, PTI reports. Meanwhile, can you guess which country collects the most tax? Per this infographic from Visual Capitalist, Denmark collects tax revenue equal to 45.3% of GDP, versus roughly 29% in Canada and Australia and just 19.5% in the United States. At around 18%, India is among countries with lower tax collection. Lastly, from a tree-wearing giraffe to a cheeky elephant, here is a selection of finalists from this year’s Nikon Comedy Wildlife awards. In today’s newsletter, we will talk about VC inflow maintains strong momentum Inside Softdel’s enterprise AI strategy Here’s your trivia for today: Which American company became the first commercial entity to successfully soft-land a spacecraft (IM-1 / Odysseus) on the Moon in 2024? Venture capital Venture capital inflow into Indian startups maintained solid momentum entering October 2026. The week was defined by mega-rounds across Physical AI, EV manufacturing, and healthcare, supported by strong activity in early-stage funds and non-convertible debt issuances. Key investments spanned deeptech/AI, EV, home interiors, edtech, and MSME lending. Key takeaways: c SiMa.ai secured a $150 million Series C round backed by Fidelity, Dell Technologies Capital, and Amplify to scale its Physical AI hardware-software platform. Agricultural machinery company Balwaan Krishi raised Rs 100 crore ($10.4 million approx.) from First Bridge India Growth Fund Private Equity and other institutional investors. Enterprise Pune-headquartered IoT pioneer Softdel (founded in 1999) is leveraging its 25+ years of operational technology (OT) and connected device experience to drive its enterprise Artificial Intelligence (AI) strategy. Recognising that IoT serves as the foundational data backbone for AI, Softdel is connecting physical assets to cloud analytics to deliver industrial-grade AI solutions across smart buildings, industrial automation, and smart energy. Key takeaways: For Softdel, the connection between IoT and AI starts with data. The company has been focused on connecting physical equipment and extracting information from it, before using cloud and analytics capabilities to derive insights. According to the company, its experience in handling data from physical assets has also helped it move into AI applications such as workflow automation, predictive and preventive maintenance, and energy optimisation. Softdel entered the smart energy segment around six years ago and has been assisting enterprises in developing efficient systems through IoT. News & updates Double win: India successfully defended its men's cricket title at the 2026 Asian Games, defeating rivals Pakistan by 19 runs in the gold medal match at Karogi Athletic Park on Saturday. The victory completed a double gold sweep for India across both the men's and women's events, replicating their historic achievement from Hangzhou 2023. Oil release: The G7 announced the release of 100 million barrels of oil and diesel to tackle supply concerns after fuel prices have skyrocketed due to the crisis in the Middle East. Per a statement, diesel will be released within 20 days, with discussions around "additional diesel releases as necessary". Which American company became the first commercial entity to successfully soft-land a spacecraft (IM-1 / Odysseus) on the Moon in 2024? Answer: Intuitive Machines We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail nslfeedback@yourstory.com. If you don’t already get this newsletter in your inbox, sign up here. For past editions of the YourStory Buzz, you can check our Daily Capsule page here.