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The company posted a profit after tax (PAT) of Rs 174 crore for the quarter, up from Rs 39 crore a year earlier and Rs 102 crore in the December quarter, reflecting a steady improvement in profitability.

EON Space Labs builds lightweight EO-IR payloads. Its MIRA telescope flew on PSLV-C62, reducing launch weight and import dependence.

The fresh capital will be used to expand the companys BaaS infrastructure and further develop its network of partner-operated stations across major urban and semi-urban regions in India.

The industry alliance will use the capital to deepen ecosystem participation, strengthen technical and policy frameworks.

YourStory presents the daily news roundup for Tuesday, April 28, 2026.

This marks a significant milestone in the company's $15 billion investment over five years to establish a gigawatt-scale AI ecosystem in India.

HyugaLife said it will use this funding to strengthen its AI-led personalisation technology, expansion of its dark store network, and setting up offline retail presence.

Indias water crisis is not a future scenario, it is a present operational reality. For climate-tech founders building inside that crisis, the lessons are sharper, stranger, and more useful than anything a business school curriculum covers. Navkaran Singh Bagga Indias fresh water supply crisis i

Gurugram-based accelerator and angel community Rebalance backs women-led startups with mentorship and investor access, proving that opportunity, not talent, was the missing link.

Climate techs future will be decided by manufacturing, not just innovation.

The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, with participation from Nexus Venture Partners and Lightspeed. The funding comes just six months after its previous round, taking total capital raised to $112 million.

Paytring is building an orchestration layer for modern payments. Founder Debal Chakraborty explains how OpenAIs models help improve transaction success rates and simplify merchant operations.

Initiatives like the Mobility Champions Program by YLAC are empowering young people to shape more inclusive and accessible cities; VC firm Capital-A has marked the first close of its second fund, raising Rs 160 crore to back early-stage manufacturing and deeptech startups in India.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Heres the roundup for Monday, April 27, 2026

Metasports said the funds will support the growth of its flagship multiplayer cricket game, Hitwicket, while also boosting marketing efforts and user acquisition.

As digital lending scales in India, fraud is no longer a downstream risk. AI-powered synthetic identities are forcing lenders to rethink underwriting itself.

Amazon plans to deploy significant capital and infrastructure to catch up in a segment where hyperlocal networks, dense warehousing, and last-mile efficiency are critical.

The fund, which focuses on manufacturing startups, is targeting a total base corpus of Rs 300 crore, with a greenshoe option to selectively upsize to Rs 400 crore.

In five years, backpacker hostels will be the first choice for Indias young travellers, says The Hosteller's founder in an interview to YourStory. Meanwhile, VC inflow into the startup ecosystem continued to decline.

Backpacker hostel chain The Hosteller is standardising operations and facilities across its properties to become a no-stress choice for travellers, says Founder and CEO Pranav Dangi. It recently raised Rs 150 crore to expand across India.

In this photo essay, we showcase a range of craftworks from an exhibition by the Hundred Hands collective.

Yatri offers real-time train tracking using source-verified GPS data, with live updates on locations, delays, platform changes, and disruptions. The Karnataka government has signed an MoU with job portal Naukri to assist GCCS to source talent.

The acquisition of Shopflo is expected to enhance Pine Labs' portfolio and expand its reach into the D2C segment.

Deeptech startup Bettrlabs is digitising product development for consumer brands, helping them move from idea to formulation faster without investing heavily in physical labs; Bengaluru tops the list in AI hiring followed by Hyderabad and there has been emergence of Tier II cities for such talent.

Sub-headline: Araiya by Aza is redefining modern luxury with ethically crafted lab-grown diamond jewellery, achieving a Rs 10 crore ARR in its first year. Blending innovation, sustainability, and timeless design, the brand is creating versatile pieces for todays conscious and style-driven custom

Venture capital funding into Indian startups continues to remain below the $100 million level and this is largely due to the absence of large value deals.

The funding round also saw participation from existing investors Lightspeed and Z47 (formerly Matrix Partners India).

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here is the roundup for Friday, April 24, 2026.

The new initiative is aimed at expanding the AI ecosystem of Swiggy with the opportunity for outsiders to build new applications with real life use cases.