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North India’s Biggest ‘Incubator & Capital Summit 2025’ Kicks-Off at Chandigarh University

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100+ Incubators, 250+ Top Startups, 20+ Venture Capitalists, 40 Leading Corporations, Policy Makers Participate in Chandigarh University’s ‘Incubator & Capital Summit 2025’ 

CHANDIGARH, India, April 18, 2025 /PRNewswire/ — Chandigarh University’s first-of-its-kind ‘North India Incubators & Capital Summit (NIICS) 2025’, a two-day flagship event aimed at fostering innovation, collaboration, and advancement within the startup and investment ecosystem, got underway on Friday bringing together over 100+ Incubators from eight states in the region, 250+ top Startups, 20+ Venture Capitalists, Angel Investors and Entrepreneur for creating innovation and investment opportunities in the region.

Organised by Chandigarh University’s Technology Business Incubator (TBI) in collaboration with T-Hub, one of the world’s leading startup incubators, the ‘North India Incubators & Capital Summit (NIICS) 2025’ brought together stakeholder from eight states – Delhi, Rajasthan, Haryana, Uttarakhand, Uttar Pradesh, Jammu and Kashmir, Himachal Pradesh, and Punjab to outline the roadmap to transform North India’s entrepreneurial landscape.  The Summit has been endorsed by by STEPs and Business Incubators Association (ISBA), TiE (IndUS Entrepreneurs) Chandigarh, MeitY Startup Hub and Department for Promotion of Industry and Internal Trade (DPIIT).

Besides Member of Parliament (Rajya Sabha) and Chandigarh University Chancellor, Satnam Singh Sandhu, the dignitaries who attended the inauguration ceremony of the Summit included KK Yadav, Administrative Secretary, Industries & Commerce, Investment Promotion and Promotion of Information Technology Industry Punjab,  Kamal Kishor Yadav, PS Madanagopal, CEO, MeitY Startup Hub, Lalit Jain, Director of Census Operations and Citizen Registration in Haryana, Dr. Meer Murtaza, OSD Mission Youth J&K,  Kadam Sandeep Vasant, Secretary, Technical Education, Himachal Pradesh and Sujit Jagirdar, Chief Innovation Officer at T-Hub.

On the occasion, Sandhu launched Chandigarh University’s ‘Centre for Universal Business and Entrepreneurship’ to plug and play opportunities for the Startups across North India and ignite Next-Gen Innovation in the region.

Under the theme “Eight States, One Vision,” the Summit celebrated unprecedented collaboration among eight North Indian states, demonstrating the power of regional unity in building a robust innovation ecosystem. The event also spotlighted sustainable incubation models, introducing financial sustainability frameworks as a blueprint for incubators across the country. Driving collaborative efforts to address long-standing innovation divide across regions, the Summit’s focus extended “Beyond Convenience to Deep Tech,” urging startups in the region to shift from convenience-based solutions to deep technology innovation, in alignment with national priorities for technological self-reliance.

The Summit 2025 featured five thematic pavilions covering in emerging sectors like AI, Health & Wellness, Genentech & Sustainability, Business & Finance, Consumer Technology. These apart, two pavilions featured startups related to products and services. Four startups nurtured at the Chandigarh University were also launched by   Members of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu during the inaugural ceremony of the Summit.

To transform the nation into Viksit Bharat, we must strengthen our start-up ecosystem, says Member of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu

In his inaugural address, Member of Parliament (Rajya Sabha) and Chancellor of Chandigarh University, Satnam Singh Sandhu, praised Prime Minister Narendra Modi’s visionary leadership for setting India on the path to becoming a Viksit Bharat (Developed Nation). “The most critical driver of this transformation is our startup ecosystem,” he said, emphasizing the need to strengthen it further.

Sandhu highlighted that under PM Modi’s leadership, the past decade has marked a golden era for Indian startups. “With supportive policies, India has become a nation of ideas and innovation — now home to the world’s 3rd largest startup ecosystem, growing from around 500 startups in 2016 to over 1.59 lakh today, including 110 unicorns. These startups have created over 16.6 lakh direct jobs. At Chandigarh University alone, students have launched over 150 startups. Our Technology Business Incubator (CU-TBI) is now mobilizing Rs 5 crore to further boost innovation and entrepreneurship,” he added.

Immense support system in place, there is no better time for Startups in India, says CEO, MeitY Startup Hub, PS Madanagopal

Participating in the Session on ‘Northern Constellation: Uniting Innovation’, PS Madanagopal, CEO, MeitY Startup Hub, said, “Most of our Startups are today solving problems for urban India. There is a strong need to push beyond this urban India’s convenience related problems so solve problems that matter to Bharat which is could be related to water, hygiene, sanitation, air, education and health. My urge to innovators and problem solvers is that every day when you travel, if you could identify one problem, you can start letting it grow in your mind. Eventually the solutions will stare at your face. And that is something if you pursue, you will end up being a very powerful problem solver but also an entrepreneur. An entrepreneur is a real problem solver who works on a product which will change the status quo of society. That mind-set creates 10000 or 20000 jobs. The role of incubator is becoming extremely critical for felicitating an entrepreneur’s entire journey.  The first 1000 days of an entrepreneur are very important because it’s the critical phase. In way, there is immense support system at the incubator or the college level or the government level. There is no better time to Startup,”.

Need to inculcate entrepreneurial attitude, provide students with ideal environment for new ideas and skills, says KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab

KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab said, “When we talk about new start-ups; whenever someone comes up with a new idea whether you believe in that idea or not, whether that idea can be implemented or not but when we talk about solving a problem, an environment is automatically created to find its solution. An entrepreneurial attitude should be inculcated in the students and they should be provided with ideal environment in which they can create new ideas and learn new skills. This should not only be done by educational institutions alone, but we need to create a social environment for that. The governments have limited funding, but they can still help in many ways.”

He emphasised the importance of nurturing a mindset among students to become job providers rather than job seekers.

India will need a million startup to support the US$ 10 Trillion Economy by 2035, says CIO T-Hub Sujit Jagirdar

Sujit Jagirdar, Chief Innovation Officer at T-Hub, said, “India is a land of opportunities. There was a time when people used to say that US is the land of opportunities but now it’s no more the case. It’s India that is the land of opportunities as an option. The government has played a biggest role in making the startup eco system by providing policies infrastructure and funding for this.  Nine out of 10 founders make a startups to solve the problems they faced personally. So how do you solve problem in your area will matter the most. We are the fifth biggest economy and we will soon become third largest economy very soon. By 2035, the opportunity for us to move from US$4 Trillin to US$ 10 Trillion, we will need a million startups, which is about 10 times than what we have today, to support that economy. So there are phenomenal opportunities.  We just need the mind-set to focus on those opportunities,”.

Kadam Sandeep Vasant, Secretary of Technical Education, Himachal Pradesh, said, “Innovation begins with education. To foster it, we must build systems that encourage creativity and experimentation, By signing an MoU with T-Hub and the launch of an innovation fund to support students in prototyping, idea development, and patenting,”.

Lalit Jain, Director of Census Operations and Citizenship Registration for Haryana and Himachal Pradesh, said, “There’s no shortage of local startups offering unique solutions, especially in the tourism sector in Himachal Pradesh. But we are lagging in marketing. In today’s age, visibility is everything. Our startups need stronger promotion through government support, NGOs, and social media to attract investment and scale up.”

Meer Murtaza, OSD, Mission Youth J&K, said “We’re handholding youth to turn their ideas into ventures. With a recent paperless census covering 1.10 crore individuals across 25 lakh households, we have identified 8.45 lakh potential entrepreneurs. Now, it’s time for the youth to step out of their comfort zones—innovation requires taking risks,”.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address:  https://www.cuchd.in/

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webAI Launches webAI App for On-Device AI With No Per-Token Charges

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The webAI app lets anyone build teams of AI experts that work across Slack, DocuSign, Hugging Face, Apple apps and more, while their files stay on their Mac.

AUSTIN, Texas, Nov. 5, 2026 /PRNewswire/ — webAI today released the webAI app for Mac to the public for the first time. The app runs webAI’s new small reasoning models on the user’s own computer, so people can use AI on private work without sending files to the cloud or paying per token.

Most AI runs in the cloud, where usage is metered by tokens or capped by plan, and every document goes to someone else’s servers. webAI runs the model on the Mac itself. A user can work through a sensitive client proposal or an unfinished business plan, revise it as many times as they want, and never hit a token limit.

“With the webAI app, we’re making cloud AI optional,” said David Stout, CEO and co-founder of webAI. “Why should you have to send a private document to an online service just to get help with it? Your Mac can do the work. You keep control of what you share, and you can ask as many follow-up questions as you need without watching a token meter.”

In the app, users create Personas: AI experts with a role, knowledge and tools the user chooses. Several Personas can work together on the same task. A consultant could have one pull client requirements from project notes, a second draft the proposal and a third check the draft for anything missed.

Connectors work with the apps you already use, including Slack, DocuSign, Hugging Face and Apple apps. You control what each Persona can access and what actions it can take. A Persona can pull a client’s latest decisions from Slack, see which contracts are still unsigned in DocuSign, and draft follow-ups for your approval. You spend less time hunting for context and copying details between apps.

Watch the demo: https://www.webai.com/blog/webai-launches-webai-app-for-on-device-ai-with-no-per-token-charges 

Availability: The webAI app is available now for Mac at webAI.com.

About webAI

webAI builds technology that lets people create, run, and control AI on their own devices.

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Cheche Group Announces Extraordinary General Meeting

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BEIJING, Nov. 5, 2026 /PRNewswire/ — Cheche Group Inc. (NASDAQ: CCG) (“Cheche” or the “Company”), China’s leading auto insurance technology platform, today announced that an extraordinary general meeting of the Company (the “Meeting”) will be held at 10 A.M. on November 25, 2026, Beijing time (9 P.M. on November 24, 2026, U.S. Eastern time) at 8/F, Desheng Hopson Fortune Plaza, 13-1 Deshengmenwai Avenue, Xicheng District, Beijing 100088, China. The Company has established the close of business on November 5, 2026, Eastern time (the “Record Date”), as the record date for determining shareholders entitled to notice of, and to vote at, the Meeting and any adjournments or postponements thereof. The purpose of the Meeting includes, among others:

(1) to approve by ordinary resolution the creation of a new class of ordinary shares of the Company designated as class C ordinary shares, each with a par value of US$0.00035 (the “Class C Ordinary Shares”), with the rights and restrictions set forth in the proposed third amended and restated memorandum and articles of association of the Company (the “New M&A”), including 300 votes per Class C Ordinary Share;

(2) to approve by ordinary resolution that the authorized share capital of the Company be amended:

(i) FROM: US$50,000 divided into 142,857,143 shares comprising (i) 114,285,714 class A ordinary shares of a par value of US$0.00035 each, and (ii) 28,571,429 class B ordinary shares of a par value of US$0.00035 each,

(ii) TO: US$50,000 divided into 142,857,143 shares comprising (i) 114,285,714 class A ordinary shares of a par value of US$0.00035 each; (ii) 18,571,429 class B ordinary shares of a par value of US$0.00035 each; and (iii) 10,000,000 class C ordinary shares of a par value of US$0.00035 each;

(3) to approve by ordinary resolution that 10,000,000 authorized but unissued class B ordinary shares of the Company of a par value of US$0.00035 each be re-classified as 10,000,000 class C ordinary shares of the Company of a par value of US$0.00035 each with the rights attached to it in the New M&A; and

(4) to approve by special resolution the amendment and restatement of the Company’s second amended and restated memorandum and articles of association currently in effect (the “Current M&A”) be replaced in their entirety with the New M&A to provide for, among other things, the creation and rights of the Class C Ordinary Shares.

Copies of the notice of the Meeting and the form of proxy are available on the Company’s corporate investor relations website at https://ir.chechegroup.com/.

Safe Harbor Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding existing and new partnerships and customer relationships, projections, estimation, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en.

Cheche Group Inc.:
IR@chechegroup.com

Crocker Coulson
crocker.coulson@aumadvisors.com
(646) 652-7185

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Hyperliquid Strategies Inc Reports Financial Results for the Quarter Ended September 30, 2026

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NEW YORK, Nov. 5, 2026 /PRNewswire/ — Hyperliquid Strategies Inc (NASDAQ: PURR) (“HSI” or the “Company”), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today reported its financial and operational results for the quarter ended September 30, 2026.

“We deployed $802 million this quarter and filed an application to become a futures commission merchant,” said David Schamis, CEO of Hyperliquid Strategies Inc. “Those two moves are the same bet. Hyperliquid is winning the parts of onchain finance that generate real fees, and nearly all of that value flows back to HYPE holders through programmatic buybacks. Owning HYPE is how we aim to capture economics associated with the Hyperliquid protocol; setting up an FCM is how we intend to help bring markets deployed on Hyperliquid onshore.”

Key Highlights (as of or for the Quarter Ended September 30, 2026):

Raised $911 million in equity capital under our committed equity facility.Deployed $802 million; $785 million to acquire 9.1 million HYPE tokens, increasing the treasury from 29.3 million tokens at June 30, 2026 to 38.5 million tokens at September 30, 2026 and $17 million to repurchase 2.7 million PURR shares.Maintained strong balance sheet, with $254.6 million in cash and cash-like instruments and zero debt.Hyperliquid Strategies x Unit validator is now the largest non-Foundation validator on the network.

Hyperliquid Ecosystem Momentum1
Momentum continues to build around the adoption of the blockchain by the global financial system, with much of that momentum represented within the Hyperliquid ecosystem.

As Hyperliquid pursues its vision of becoming the infrastructure to house all of finance, the Hyperliquid protocol continues to generate an increasingly diversified stream of fees (with about $834 million in value accruing to the Hyperliquid ecosystem for the twelve months ended September 30, 2026), processing billions in daily trading volumes, with much of the value generated by the Hyperliquid ecosystem directly accruing to the HYPE token through programmatic HYPE token buybacks.

Hyperliquid recently announced its intention to add additional deployer functionalities under the name HIP-3*. These optional additional features would allow deployers to build and launch permissioned markets on Hyperliquid’s onchain infrastructure. Independent operators would run their own market in a compliant manner, while the chain underneath would stay a neutral infrastructure layer.

In support of these developments, a subsidiary of HSI has filed an application to become a futures commission merchant (“FCM”). Subject to regulatory approval, the FCM would carry US client accounts for permissioned markets deployed on Hyperliquid under HIP-3*, allowing HSI to play a role in bringing perpetual futures to US customers within a regulated framework. There can be no assurance as to the timing or outcome of the application or regulatory approval of permissioned HIP-3* markets.

HSI Financial Highlights for the Quarter Ended September 30, 2026:

Balance Sheet:Total assets of $3,764.3 million as of September 30, 2026, including $254.6 million in cash and cash-like instruments and $3,505.3 million in HYPE tokens (based on a September 30, 2026 HYPE price of $90.99 per HYPE token, representing approximately 38.52 million tokens held).Strong balance sheet with $3,403.0 million in stockholders’ equity and no debt.Income Statement (quarter ended September 30, 2026):$12.3 million in staking revenue and validator commissions from HYPE holdings.$1.0 million in interest income.$7.6 million in SG&A and R&D expenses.$620.6 million in net income.Net income primarily comprised of:$803.0 million in net unrealized gains on HYPE tokens.$15.3 million in primarily non-cash expense recognized in connection with the committed equity facility.$172.3 million in provision for income taxes.

Update on Treasury Strategy Progress (as of October 28, 2026):

Capital Deployment2:$1,583.2 million deployed to accumulate ~25.9 million HYPE tokens at an average cost of $61.13, bringing total HYPE token holdings (including staking and validator rewards earned)  to 38.9 million at a blended cost of $56.35 per token.$27.9 million deployed to repurchase ~5.8 million PURR shares at an average cost of $4.81 per PURR share.Capital Raising:$1,578.4 million raised at an average issue price of $10.36 per PURR share under our committed equity facility.Cash balance:$245.3 million in remaining cash and cash-like instruments.

Webcast:
The Company will host an audio webcast with Q&A on Thursday, November 5, 2026, at 5:15 p.m. ET, featuring CEO David Schamis and CFO Brett Beldner. Register in advance here: https://hyperliquid-strategies-earnings-call-q1-2027.open-exchange.net/registration.

Advance questions may be submitted to investors@hypestrat.xyz.

A replay will be available after the event at www.hypestrat.xyz.

About Hyperliquid Strategies Inc
Hyperliquid Strategies Inc (NASDAQ: PURR) is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is currently the largest HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid’s rapid growth and providing exposure to one of the largest and fastest growing revenue pools in digital assets. For more information, please visit www.hypestrat.xyz.

Website Information:
The Hyperliquid Strategies Inc website (www.hypestrat.xyz) includes, among other information, a dedicated section tracking the Company’s “Adjusted Net Asset Value” (the Company’s stockholders’ equity adjusted for, among other things, movements in cash, the value of the HYPE token and the number of HYPE tokens held).

This section is updated regularly, enhancing transparency for the Company’s stockholders and aligning with HSI’s commitment to provide transparent, capital efficient and productive access to the HYPE token.

We use our website as a means of disclosing information that may be considered material, non-public information (including the information regarding our Adjusted Net Asset Value) and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following our press releases, Securities and Exchange Commission (“SEC”) filings, public conference calls, presentations and webcasts.

We may also use social media channels to communicate with our investors and the public about us and other matters, and those communications could be deemed to be material information. The information contained on, or that may be accessed through, our website or social media channels is not incorporated by reference into, and is not a part of, this document.

Forward-Looking Statements
This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the Company’s business, strategy and future plans, including plans to become a futures commission merchant, as well as certain statements regarding expected growth and developments with respect to Hyperliquid. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. These risks and uncertainties include, but are not limited to: changes in business, market, financial, political and regulatory conditions; risks relating to HSI’s operations and business, including the highly volatile nature of the price of HYPE tokens; the risk that HSI’s stock price will be highly correlated to the price of HYPE tokens and the price of HYPE tokens may decrease; risks related to increased competition in the industries in which HSI operates; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding HYPE tokens; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; risks that HSI experiences difficulties managing its growth and expanding operations; challenges in implementing HSI’s business plan including HYPE token-related financial and advisory services, due to operational challenges, significant competition and regulation; and those factors discussed in the annual report on Form 10-K filed by HSI with the SEC on August 27, 2026, and in subsequent filings and reports made by HSI with the SEC from time to time. While HSI may elect to update these forward-looking statements at some point in the future, HSI specifically disclaims any obligation to do so.

1 Information in this section is based on public information and has not been independently verified by HSI.
2 Capital raising and deployment cover the period from inception (December 2, 2025) until August 28, 2026.

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SOURCE Hyperliquid Strategies Inc

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