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The losses of BigBasket saw a 66% rise in FY26 and revenues grew by 7.7% during the period.

According to a statement by the company, its revenue rose to Rs 737 crore, 20% up from the corresponding period in the previous financial year.

The Bengaluru-based company has built three CRISPR platforms covering molecular diagnostics, gene editing and disease modelling, and is commercialising the diagnostics one first.

The Bengaluru-based company runs a sequencing laboratory that maps the gut microbiome, and sells a range of supplements aimed at pathways associated with ageing.

The Delhi company designs and manufactures its own cell and gene therapies and is preparing a first clinical trial with Christian Medical College, Vellore.

TrusTerra runs an online marketplace for pre-owned electric vehicles built around its own battery health rating, with instant-sale and dealer auction services alongside it.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, July 28, 2026.

Ankit Jain, who has over 20 years of supply chain experience with companies including Unilever, Flipkart and Swiggy's Instamart, will lead the expansion of the quick-commerce service across key markets.

In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying the affairs of the bank were conducted in a manner detrimental to the interest of its depositors.

This is the second round of layoffs by Krutrim this year. It earlier let go of the sales, go-to-market and business operations teams while the latest cuts have affected empliyees in the product and engineering teams.

The government has summoned Meta's global public policy chief after the company briefly removed Prime Minister Narendra Modi's Facebook post, rejecting its explanation that an automated glitch was responsible and signalling further scrutiny of the social media giant.

Under the new franchise model, Ekart has operationalised over 300 outlets across Surat, Mumbai, Delhi, and Bengaluru.

The cohort comprises an autonomous cargo seaplane developer, a long-duration battery maker, and an AI-powered enterprise software, besides wealth management and consumer hardware startups.

Nandita Sinha will take charge as Instamart CEO on August 3, 2026, succeeding Amitesh Jha, who led the business through a period of rapid expansion.

According to a report by Endiya Partners, Hyderabad scored high on infrastructure & connectivity, talent availability, and cost efficiency. Startups need access to capital and markets for the next phase of growth.

Fund III will focus primarily on pre-Series A and Series A investments, with initial cheque sizes ranging between Rs 15 crore and Rs 45 crore. The fund aims to build a portfolio of 2225 companies.

Veriqus raised Rs 387 crore to build an integrated wealth platform for India's HNIs, family offices and emerging wealthy families.

Explore how entrepreneurs turn dreams into startups, overcome uncertainty, build ideas, and create meaningful ventures through courage and vision.

Skyroots success isnt the climax of Indias space story but the start of its commercial phase. In other news, the number of people reporting an annual income of more than Rs 100 crore increased by 40% between FY25 and FY26.

In the 136th episode of Mann Ki Baat, the Prime Minister spotlighted a Bihar district where 40 kg of single-use plastic goes into every public bench

The members of the task force are a mix of technocrats and bureaucrats.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, July 27, 2026.

Discover seven insightful books that help you develop emotional control, self-awareness, patience, and a more reflective mindset.

Omega Seiki Mobility will utilise this funding round for expanding its manufacturing capacity, strengthen R&D and enhance the dealer network.

A total of 576 individuals declared annual incomes of more than Rs 100 crore in FY26, up from 415 a year earlier, according to Finance Ministry data tabled in the Lok Sabha. The government also pushed back against claims that income inequality is widening in India.

The Tamil Nadu company is developing reusable methane-oxygen propulsion, and says it plans to sell engine development and launch services as a single package.

The Bengaluru-based startup makes hardware for smart grids and battery storage. It raised $5.1 million in a seed round co-led by Jungle Ventures and Kae Capital.

The Bhubaneswar biotech has built a patented drug-delivery platform aimed at cancer cells. It is in preclinical testing and raised Rs 3 crore, led by Unicorn India Ventures.

Helionis Labs builds circuit boards that shed heat better and cost less, using a material and process developed in-house.

Bombay Shaving Company aims to touch a revenue of Rs 1,000 crore in FY27 and an EBITDA in high single digits.

Engineer-turned-farmer Sanjeev Kumar built Bihar's largest mushroom spawn lab and trained 50,000+ farmers, creating rural jobs.

As AI begins to reshape how people discover products and services online, Gurugram-based DareAISearch is building tools to help brands stay visible across platforms such as ChatGPT, Gemini, and Perplexity.

Fragmented records, unlinked newspaper notices, and manual checks that routinely fail have left India's lending system exposed. Cubictrees AI Property Compliant Report is changing that, one property at a time Gayatri Guha The file was complete. The legal opinion was clean. The sanction letter

Over the last few years, fintechs have been riding the wave of Indias digital transformation through key interventions such as digital lending, small payment banks and Buy-Now-Pay-Later entities.

In 1998, Sameer Mehra came back to India after studying overseas with an idea that made very little commercial sense at the time

At the Snowflake x AWS Mixer, founders, engineering leaders, and investors discussed how startups are using AI-native architectures to accelerate decision-making, improve customer experiences, and unlock growth without proportionately scaling headcount.

As AI reshapes the workplace, career growth is becoming less about accumulating credentials and more about developing the judgment, adaptability and skills that machines cannot replace. Continuous learning is no longer a competitive advantageit's becoming a career necessity.

Discover five insightful books that explore solitude, self-discovery, and finding peace, confidence, and fulfillment in your own company.

Discover why small actions taken today lead to meaningful progress, reduce uncertainty, and help build lasting habits and momentum.

Responsive has been profitable since 2018 and has never grown slower than 25% a year, including through the pandemic.

This insightful feature from YourStory tests and strengthens your business acumen! Here are 5 questions to kick off this 242nd quiz. Ready?

In this photo essay from Canada, we showcase 25 bands who performed at the legendary Montreal International Jazz Festival.

The BII Founder Wellness Survey understands how founders, investors, and other startup ecosystem participants manage their physical and mental well-being. Meanwhile, VC funding into Indian startups saw a sharp decline this week (July 18-24) due to the absence of large deals.

Discover five insightful books that encourage acceptance, contentment, and freedom from unrealistic expectations and constant striving.

Skyroot's success isn't the climax of India's space story but the start of its commercial phase. The next 5 years will be decided by who builds the strongest market, not the best rocket.