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Phitkus founders, Sumit Marda, Neha Marda and Rahul Dokania, will continue to lead the company and retain a significant shareholding.

Oxmiq Labs will use this funding to scale OxCore, Oxmiq Labs' licensable GPU architecture platform that enables semiconductor companies and AI system builders to develop custom AI silicon without undertaking a full chip design programme.

Under the proposed partnership, ICEYE would explore manufacturing SAR satellites in India, while Agnikul would provide indigenous launch services.

The findings indicate that young founders are increasingly prioritising long-term product creation and market expansion over discretionary spending, even as they continue to attract significant investor interest.

The government is reviewing WhatsApp's upcoming username feature over concerns it could enable impersonation and fraud. The scrutiny comes as the Meta-owned platform prepares to roll out the feature later this year, allowing users to connect without sharing phone numbers.

The development comes days after Hari Kumar resigned as Instamart's CBO. The quick commerce platform's Chief Operating Officer Ankit Kumar also stepped down recently.

Confucius offered a timeless map for progress with this simple image of stones and a mountain. The idea is not about heroic leaps. It is about steady motion

After touching a record high of Rs 29.9 lakh crore in May, UPI transactions eased to Rs 28.9 lakh crore in June.

Under its EV policy, the Delhi government announced that all electric cars with an ex-showroom price of Rs 30 lakh or less registered in the National Capital will get full exemption on road tax and registration fees.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, July 1, 2026.

Dovetail Capital will use the fresh capital to expand its global business as demand grows for independent financial infrastructure serving cross-border investors.

Ola Electric registered 16,144 vehicles in June, its highest monthly registration figure in recent quarters.

Intuition shines through the intellect, but it comes from beyond the intellect. Gurudev Sri Sri Ravi Shankar There is a particular kind of quiet

Noida-based Addverb has grown alongside India's warehouse automation industry, expanding from a five-member team to more than 1,000 employees and over 300 clients worldwide.

At Pearl Academy's Global Icons Series, Rahul Mishra, Masaba Gupta and Jayanti Reddy explored how AI is transforming creative careersand the skills students will need to stay ahead.

Vestd wants to simplify ESOP process. The London-headquartered company helps businesses issue and manage employee equity digitally, covering everything from ESOP grants and vesting schedules to cap table management and shareholder reporting through a single platform.

Bengaluru-based Atomgrid is delving deep into agrochemicals, scaling R&D, manufacturing partnerships, and global distribution to carve a place in the trillion-dollar specialty chemicals market.

Hyderabad startup Maithri Aquatech, whose Meghdoot technology makes drinking water from air, has secured a strategic stake from DP World, a marker of maturing Indian climate tech.

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 750 crore and an Offer-for-Sale of over 4 crore equity shares by existing shareholders, according to the Draft Red Herring Prospectus.

India's electric mobility transition has gained significant momentum over the past decade, yet access to residential charging remains deeply uneven, as per the report.

Fourteen years after opening his first support ticket, Giedrius Zakaitis is now Hostinger's CEO. He takes over from Daugirdas Jankus to lead the company's pivot from web hosting to a fully AI-first platform

The government has maintained that India Semiconductor Mission 2.0 signals India's deep commitment to chip manufacturing, with a focus on semiconductor equipment, materials, indigenous intellectual property and resilient supply chains.

From indigenized power modules to megawattscale charging, Pune startup Quench Chargers is building futureready infrastructure for Indias clean mobility push. Pune-based Quench Chargers, which began as a small internal project within the Ador Group in 2021, has evolved into a fast-scaling EV ch

Padma Shri 2026 honoured a remarkable group of grassroots changemakers, from a former bus conductor to a street-cleaning retired officer. Meet the People's Padma honourees.

Padma Shri 2026 recognised writers, scholars and educationists from across India and abroad. Here are the literature and education honourees of the year.

Padma Awards 2026 recognised athletes across cricket, tennis, hockey and para sport. Here are the sportspersons honoured this year.

Padma Awards 2026 recognised performers across Carnatic and Hindustani music and classical dance. Here are the classical artists honoured this year.

Padma Awards 2026 honoured leading names from cinema, music and advertising. Here are the screen and stage figures recognised this year, three of them posthumously.

In the recently concluded 24th edition of Myntras End of Reason Sale (EORS), emerging brands such as 30Looks, Colorkosh, and Theatre leveraged Myntras insights-led ecosystem to reach newer markets, strengthen discovery among high-intent shoppers, and accelerate their journey from niche labels t

Dr Armida Fernandez, who set up Asia's first human milk bank and founded the NGO SNEHA, has received the Padma Shri for her work in maternal and child health.

Veezhinathan Kamakoti, director of IIT Madras and a leader of India's Shakti microprocessor effort, has received the Padma Shri. A look at his work and what it means.

Ashok Khade, founder of DAS Offshore, has been honoured with the Padma Shri. The story of a Dalit entrepreneur who rose from rural poverty to lead an engineering firm.

Satyanarayan Nuwal, founder of Solar Industries, has received the Padma Shri. The story of how a school dropout built one of India's biggest defence manufacturers.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, June 30, 2026.

Sharetech platform Vestd entered India through the acquisition of Trica Equity. Now, it wants to make employee ownership easier for startups, founders, and investors alike.

The Government of India is a 49% shareholder in NIIF, and it currently manages capital commitments of approximately Rs 40,000 crore across its funds and investment strategies.

With rising dermatologist advocacy and growing consumer demand, science-backed formulations are becoming central to Indias evolving dermo-cosmetic ecosystem. India's dermatology and dermo-cosmetic landscape is witnessing a significant shift as sunscreen increasingly becomes central to preventiv

The company has not included any offer-for-sale component in the proposed public issue, meaning existing shareholders, including SoftBank's SVF India Holdings, founder Ritesh Agarwal, Microsoft, Airbnb, Lightspeed, and Peak XV, will not dilute their holdings through the IPO.

The Indus Valley has raised funds to expand product innovation, distribution and brand presence, as demand grows for toxin-free healthy cookware in India.

Kapture CX will use this funding round for market expansion, product development and R&D.

Discover 5 powerful teachings from Essentialism that can help you focus on what matters, avoid burnout, and do less but better.

Zerodha will be able to manage initial public offerings (IPOs) if it gets the licence.

Pay U turned EBITDA positive for the first time in FY26 driven largely by increased transaction volumes

Discover 5 powerful quotes from The Diary of a CEO by Steven Bartlett that can shift your mindset on success, growth, discipline, and life.

With Farah Khan and her longtime cook Dilip exploring Singapore together, Klook Indias latest digital-first campaign taps into a growing shift in travel: moving beyond checklist tourism toward discovery, spontaneity, and local experiences.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, June 29, 2026.

Incuspaze will use this funding round primarily to expand its operations, investments in technology and potential acquisitions.

This insightful feature from YourStory tests and strengthens your business acumen! Here are 5 questions to kick off this 238th quiz. Ready?