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Startup news and updates: daily roundup [August 10, 2026]

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, August 10, 2026.

10 Aug 2026 7:51 pm
Bakingo parent raises nearly Rs 100 Cr from Faering Capital

The company allotted 7,436 Series B compulsory convertible preference shares to the investors after receiving the subscription money, with the allotment approved by its board on July 30, 2026.

10 Aug 2026 7:34 pm
Info Edge reports 43% rise in net profit for Q1FY27

The Naukri parent saw an 11.4% rise in revenue. Info Edge CEO Hitesh Oberoi attributed recruitment and adoption of AI as key drivers of growth.

10 Aug 2026 5:43 pm
Aum Ventures raises Rs 225 Cr first close for new deeptech fund

Aum Ventures has raised Rs 225 crore in the first close of its Rs 750 crore India Innovation Fund II, targeting early-stage Indian deeptech startups across space, semiconductors, AI, defence and advanced manufacturing.

10 Aug 2026 4:48 pm
How AADYAH Aerospace builds the parts that steer a rocket

The Bengaluru-based company builds thrust vector control systems, avionics and satellite subsystems for launch vehicles and defence programmes, and turned profitable in March 2025.

10 Aug 2026 4:45 pm
How Dynolt is building Indias EV charging electronics around software instead of hardware

The Bengaluru-based company makes power converters for two-wheeler and three-wheeler chargers and battery swapping stations, and claims to have deployed more than 14,000 across India.

10 Aug 2026 4:44 pm
How East Ocyon Bio is building an off-the-shelf cancer cell therapy in Gurugram

The Gurugram-based company is developing allogeneic CAR-NK cell therapies made from healthy donor cells, backed by a $4.2 million seed round and a government grant covering both resistant tumours and leishmaniasis.

10 Aug 2026 4:44 pm
How Tata Trusts and Sridhar Vembu kept the first MRI scanner built in India out of a multinationals hands

The Bengaluru-based company builds a full-body 1.5 tesla MRI scanner engineered and manufactured in India, designed to run without liquid helium, with its first clinical installation at a cancer centre near Nagpur.

10 Aug 2026 4:44 pm
Diyamaati FPC: Bihars women build a model that is changing the future of villages

Diyamaati FPC has united 2,100 women shareholders in Bihar, expanding farm services, goat feed and rural entrepreneurship locally.

10 Aug 2026 2:50 pm
5 Books that explain why nostalgia feels so powerful

Explore 5 insightful books that explain why nostalgia feels so powerful, revealing how memory, emotion, identity, and longing shape our lives.

10 Aug 2026 1:10 pm
GalaxEye buys StarOps to strengthen indigenous satellite engineering

GalaxEye has acquired StarOps, adding spacecraft engineering expertise, satellite platforms and indigenous technologies as it expands its capabilities across the satellite development and Earth Observation value chain.

10 Aug 2026 1:08 pm
How building InMobi and Glance shaped Piyush Shah's vision for India's AI future

In this episode of the Prime Venture Partners podcast, Piyush Shah, Co-founder of InMobi and Glance, shares insights from his journey of building two unicorns in India. He discusses why distribution, purpose, and building on Indias unique strengths will be critical in the AI era.

10 Aug 2026 12:25 pm
From lockdown feeding to saving 2,000+ animals: Varsha Rajs story

Varsha Rajs APNA Foundation has rescued 2,000+ animals while providing treatment, shelter and adoption support across Patna.

10 Aug 2026 11:55 am
7 Books that explore the meaning of home and belonging

Discover 7 books that explore the meaning of home, belonging, identity, and the emotional connections that shape where we truly feel accepted.

10 Aug 2026 10:45 am
Why Chasing Perfection Often Prevents Real Progress

Learn why striving for perfection can hold you back and how embracing progress leads to greater productivity, growth, and success.

10 Aug 2026 9:00 am
Building a jetpack for satellites; Sharp rise in VC inflow

Bengaluru-based Aule Space is building a jetpack that docks with satellites after they run out of fuel, extending their lives by a few years; August started on a positive note driven by the $120 million deal of River Mobility and this is a welcome relief for the ecosystem.

10 Aug 2026 7:30 am
UPI to remain free for users, most merchant transactions too: Govt

The statement comes two days after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI and other notified electronic payment modes.

9 Aug 2026 3:29 pm
India's first woman Top Gun, and a first in the Army Chief's office

Squadron Leader Bhawana Kanth clears the Air Force's toughest combat course, as Captain Shivani becomes first woman aide to the Army Chief.

9 Aug 2026 12:55 pm
Turning battery waste into strategic resources: The next opportunity for Indian industry

As EV adoption accelerates, end-of-life batteries are emerging as a strategic source of critical minerals. Building a robust battery recycling ecosystem will be key to India's resource security, manufacturing resilience, and clean energy future.

9 Aug 2026 8:15 am
Art festival at Karnataka Chitrakala Parishath celebrates creativity from across India

In this photo essay, we feature more highlights from the Namma Art Bengaluru festival, along with curator insights.

9 Aug 2026 8:10 am
Data, AI, energy: test your business creativity with Edition 244 of our weekly quiz!

This insightful feature from YourStory tests and strengthens your business acumen! Here are 5 questions to kick off this 244th quiz. Ready?

9 Aug 2026 7:50 am
Delhivery Q1 net profit down 65%; Helping older adults find purpose

Delhivery reported a 28% rise in Q1 FY27 revenue to Rs 2,931 crore, even as net profit fell 65% to Rs 32 crore

9 Aug 2026 7:30 am
Delhivery reports 65% dip in profit, revenue up 28% in Q1

Delhivery also announced the elevation of Vani Venkatesh to the role of Deputy CEO, effective immediately. Ms Venkatesh joined the company in February 2025 as Chief Business Officer and Key Managerial Personnel, and has been leading the companys revenue functions.

8 Aug 2026 8:00 pm
Government examines Metas recommendation system for intermediary status

The Centre is examining whether Metas recommendation systems and paid content promotion align with its intermediary status under Indias IT Act, amid concerns over content moderation, deepfakes and unlabelled AI content.

8 Aug 2026 7:14 pm
DPIIT inks pacts with five firms to support startups

Under the Memorandum of Understanding (MoU) with Cashfree Payments India, eligible startups will receive access to secure and scalable payment and payout solutions, identity verification and risk management services, along with preferential onboarding support and commercial benefits.

8 Aug 2026 7:03 pm
AI is reimagining service companies; Ola Electric narrows loss in Q1

Northbound Advisors is building a proprietary AI tool with a partner, trained on eight years of work across diligences, CFO advisory, legal, tax and risk engagements.

8 Aug 2026 7:30 am
[Weekly funding roundup Aug 1-7] Sharp rise in VC inflow led by River Mobility

VC funding into Indian startups bounces back The month of August started on a positive note driven by the $120 million deal of River Mobility and this welcome relief for the ecosystem The first week of August was a welcome relief for the Indian startup ecosystem as venture capital rose sharply w

7 Aug 2026 8:31 pm
Ola Electric narrows loss to Rs 336 Cr, revenue falls 45%

The Bhavish Aggarwal-led company said its registrations grew 97% quarter-on-quarter, outpacing the broader electric two-wheeler (E2W) market, which grew 17%.

7 Aug 2026 7:24 pm
CrystalBall builds type-certified mapping drones for government surveys and mining operators

The Hyderabad-based company manufactures its own survey, surveillance and agricultural drones, and holds a type certificate that allows its mapping model to be bought through government procurement.

7 Aug 2026 7:10 pm
Gati Drives builds rare-earth-free electric motors for Indian appliance and HVAC manufacturers

The Ahmedabad-based company makes single-phase motors it claims can match brushless efficiency without neodymium magnets, and recently raised a pre-seed round from Campus Fund.

7 Aug 2026 7:10 pm
Reneonix builds recycling infrastructure to turn used glass into factory-grade raw material

The Chennai-based company runs collection, sorting, processing and reporting for packaging brands and manufacturers, and raised Rs 1.7 crore in a pre-seed round in February 2026.

7 Aug 2026 7:09 pm
SkyAI Technologies builds AI drone detection systems for airports and secured sites

The Kanpur-based company sells a computer vision system that detects, classifies and tracks unauthorised drones, alongside a contract software business in AI and data engineering.

7 Aug 2026 7:09 pm
Two childhood friends turned Indias trash paper into a multi-crore notebook brand

Rescript turns waste paper into everyday notebooks, saving 9,200 trees while building a multi-crore sustainable business in India.

7 Aug 2026 6:50 pm
India saved handloom. Now it must save weaving as a livelihood

India makes 95% of the worlds handloom, yet its weavers work barely 200 days a year and exports are just 1,359 crore. Making weaving a viable livelihood means filling the order gap and measuring how much value actually reaches the loom.

7 Aug 2026 5:26 pm
How WalkAbout helps active agers find purpose in life after 55

Mumbai-based WalkAbout is a community-driven engagement platform for older adults, offering classes in finance, business building, health and wellness, and personal enrichment.

7 Aug 2026 4:50 pm
EV retail sales break record at 3.27 lakh units in July: FADA

The growth in EV sales in July was led by the two-wheeler segment at 2,04,362 units as against 1,08,516 units in the same month last year, up 88.32%.

7 Aug 2026 4:43 pm
India's handloom doesn't need sympathy. It needs better positioning

Young weavers are not walking away from the craft. They are walking away from an income that cannot be relied on.

7 Aug 2026 4:21 pm
Startup news and updates: Daily roundup (August 7, 2026)

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, August 7, 2026.

7 Aug 2026 3:33 pm
Wakefit starts FY27 with profitability despite cost pressures

Wakefit posted stronger Q1 FY27 revenue and profitability, driven by own-channel growth, retail expansion and improved margins despite input-cost pressures, while warning that raw material inflation could weigh on first-half FY27 performance.

7 Aug 2026 12:14 pm
How Aule Space is building a jetpack to extend the lives of satellites

Bengaluru-based Aule Space is building a jetpack that docks with a satellites after they run that has run out of fuel, and extendings theirtheir livesfe by a few years.

7 Aug 2026 12:08 pm
6 Books that teach lessons from ordinary everyday life

Discover 6 books that reveal meaningful lessons from ordinary life, showing how simple moments can teach us about growth, relationships, and happiness.

7 Aug 2026 11:30 am
Can a services firm scale like a product company? This ex-Tally CFO is betting on AI

KayEss Square is now Northbound Advisors, and is raising to acquire 8 to 10 smaller firms, all served through a proprietary AI platform built on eight years of client work.

7 Aug 2026 11:23 am
7 Books that reveal the psychology of human attachment

Explore 7 books that reveal the psychology of human attachment, relationships, emotional bonds, and why we connect with others.

7 Aug 2026 11:05 am
Athleisure brand BlissClub bags Rs 160 Cr to expand product range, retail footprint

The capital will be used to expand BlissClubs product categories, accelerate its offline retail network, strengthen product development, and recruit talent for its next phase of growth.

7 Aug 2026 9:27 am
Why Starting Matters More Than Waiting for the Perfect Plan

Discover why the first step often determines success and how starting with purpose creates momentum, confidence, and lasting results.

7 Aug 2026 9:00 am
Jammu & Kashmir's startup reckoning: What the next chapter demands

Jammu and Kashmir has laid the groundwork for startups. Here's what the region needs next to attract investment, scale innovation and create jobs.

7 Aug 2026 8:34 am