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Karnataka is exploring a long-term AI partnership with Anthropic to improve governance, launch AI skilling programmes and establish an AI University.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, August 6, 2026.

Discover 5 inspiring lessons from Mountains to Cross by Abraham M. George on purpose, service, resilience, education, and impact.

The Bengaluru-based company runs modular, software-controlled production lines for wellness and pharmaceutical products, sold as on-demand capacity rather than as machinery.

The Hyderabad-based company makes hardware and software for testing defence electronics in the laboratory, and sells to DRDO as well as contractors in three other countries.

The Bengaluru-based company is developing radio frequency nanosatellites with onboard processing, aimed at tracking ships and aircrafts that optical imaging cannot.

The Chennai-based company makes remotely operated vehicles, autonomous surface vessels and crawling robots, along with the cameras and lighting that go on them.

Nilekani argued that the future of the Indian economy lies in its millions of small businesses, which are more resilient to the disruptions caused by AI.

The company said by FY31, its food delivery business is expected to grow its GOV by 2.5-3.5 times and generate around Rs 5,000 crore in adjusted EBITDA, driven by affordability-led initiatives and operational improvements.

The company said that it will expand its geographical footprint in India and launch greenfield projects in the Philippines and Indonesia.

Real estate consultant Knight Frank on Thursday released a report 'Knight Frank Global Data Centre Atlas 2026' that compares 36 leading global data centre markets across North America, Europe, Asia-Pacific, the Middle East and Africa.

Mohit Pardasanis decades of retail experience, a retailfirst strategy, and a conviction in quality over marketing have powered FLiCKAs rise to a Rs 100 crore cosmetics brand. Mohit Pardasani has a simple belief that has guided every decision at FLiCKA Cosmetics since he co-founded the company

Founded by Divanshu Kumar and Moinak Banerjee, Chennai-based Solinas builds robotics and AI systems that inspect, clean, and digitise underground water and wastewater infrastructure, solving problems of water leakages, contamination, and manual scavenging.

The fund will invest around Rs 25-50 crore in each startup and aims to support startups developing globally competitive technologies out of India.

Over the coming months, the company stores will transition to focus on brand and product experience, while dealer partners will become the backbone of local sales, service and scale across the country, the company said.

The Gurugram-based ecommerce enablement platform has reduced the size of its initial public offering by 31% from Rs 2,342 crore ahead of its market debut on August 12

Cabinet Secretary TV Somanathan gets a one-year extension, ensuring policy continuity while reviving debate over succession plans.

In the last 5 years, AppSquadz has expanded its cloud capabilities to support some significant digital transformation initiatives across government, healthcare, and enterprise sectors in India.

A licence, a statute and a purchase contract: how three challenger states are gaining ground without simply writing bigger subsidy cheques.

The round is led by Nexus Venture Partners with participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital and Consumer Collective by Atrium.

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Government sources said Meta global officials have been asked to stay back for another round of questioning on Thursday, when IT Minister Ashwini Vaishnaw will meet the company's global executives once again. The meeting will also include executives from Meta's technical team.

Jammu and Kashmir is steadily building its startup ecosystem through policy support, incubators, funding and local entrepreneurs driving innovation.

Freshworks said its revenue rose to $237.4 million in the AprilJune quarter, from $204.7 million a year earlier.

Cresa, a Pune startup founded by Sarika Pathak and Mohan Kulkarni in 2021, makes biodegradable, plastic-free sanitary pads that dissolve in water.

The Delhi-based company has developed MorphX, a point-of-care platform that claims to return a full blood count in minutes without needing a trained technician.

The Bengaluru-based company builds models that generate molecules and predict how they will behave, and has licensed its lead candidate to a US developer.

The Pune-based company makes commercial autos that generate some of their own power while running, aimed at fleet operators who lose earning hours at charging points.

The Bengaluru company is building AI software that models microbial fermentation, so manufacturers can scale a process without discovering its problems in production.

PB Fintech is parent company of PolicyBazaar PB Fintech reported healthy growth in the insurance premium business and credit segment PB Fintech, the parent company of online insurance platform PolicyBazaar registered a 92% rise in net profit for the first quarter of FY27 and revenues rose by 40%

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River Mobility will use this funding round to expand its manufacturing capacity and to introduce new models.

The EV sector is projected to generate 30-40 million jobs, with 10-15% direct and 85-90% indirect jobs by 2030, the report stated.

Targeting the $5.8 billion global jaggery market, EID Parry is combining traditional knowledge with technology through India's first large-scale automated jaggery facility, AI-powered farming, and water conservation

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, August 5, 2026.

Top Meta executives, including Global Affairs Officer Joel Kaplan, met IT Secretary S Krishnan and other senior officials of MeitY in a discussion that lasted 45 minutes.

Notifying norms for the implementation of this decision, DGFT said an ecommerce company, with foreign investment, will have to register as an 'exporter-on-record' with the government to keep goods in stock only for exports through the online medium.

From a small room to a global manufacturing powerhouse: The D-Lyft story Built on automation, in-house manufacturing, and a growing skilled workforce, Rohtak-based D-Lyft is taking precision engineering from Haryana to global markets. Every manufacturing company has an origin story. D-Lyft's beg

Explore 5 key lessons from The Anxious Generation on smartphones, mental health, childhood, resilience, and real-world connection.

SaaS firm Freshworks reported a net profit of $3.2 million in the second quarter of 2026, reversing a year-ago loss, as revenue climbed 16% to $237.4 million.

InRisk Labs will use this funding round to deepen its insurance capabilities across multiple segments.

Adiabatic Technologies raises Rs 8.3 crore seed led by Malpani Ventures and Avinya Ventures to scale battery systems for robotics and drones.

The revenue from operations of MapmyIndia grew by 14.9% to Rs 139.7 crore during the reported quarter from Rs 121.6 crore in the year-ago period.

According to Counterpoint research, Apple's iPhone shipments for FY26 grew to 14 million units, up 24% year-on-year.

A total of 1,49,00,000 shares representing a 2.33% stake of One 97 Communications were offloaded by both entities.

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Omnichannel beauty and fashion retailer Nykaa has clocked a more than 3x rise in net profit and a 29% rise in revenue for the first quarter of the 2026-27 fiscal year, driven by overall demand. Meanwhile, VC funding in Indias startup ecosystem declined in July.

The Gujarat-based company is developing Infinity-One, a launch vehicle for nano and small satellites, and runs a space education programme alongside the engineering work.

The Pune-based company makes sub-20 horsepower robotic equipment for vineyards and horticulture farms, aimed at progressive farmers and shared cultivators.

The Chennai-based company is developing long-duration storage using iron, air and water, aimed at grids that need to hold daytime solar generation until the evening.