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

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.

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.

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

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.

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

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.

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

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

Indias deeptech startups have made significant progress in developing hardware, but many still struggle to scale commercially. Experts explain why spacetech has been the exception, and what other sectors can learn from it.

Shiprocket has reduced the size of its IPO by nearly 31% to Rs 1,617.6 crore, from Rs 2,342 crore. Meanwhile, Cresa makes hot-water-soluble sanitary pads that are 100% biodegradable, plastic-free, and dissolve in 80 seconds.

AI is bound to have an impact on the future of medicine. But the most valuable thing that AI will do for us will definitely be beyond substituting doctors or automating clinical decisions.

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.

Discover 6 books where fictional characters teach powerful lessons about life, emotions, relationships, resilience, and personal growth.

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%

Explore 5 timeless horror classics to read in 2026, from Dracula to Frankenstein, featuring unforgettable chills and gothic suspense.

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