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OYO’s parent firm Prism reports net profit of Rs 994 Cr for FY26

Startups

Prism, the parent company of OYO, reported a significant net profit increase to Rs 994 crore for FY26, driven by a 49.7% rise in consolidated revenue to Rs 9,358 crore. While the profit included a Rs 678 crore deferred-tax credit, Ebitda more than doubled to Rs 2,594 crore. The IPO-bound firm plans to raise up to Rs 6,650 crore to reduce its debt burden and strengthen its balance sheet.

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Source: Tech Crunch

Plaud’s new earphones come with an eSIM-enabled case for talking to AI agents

Startups

Plaud has introduced the Plaud One, AI-powered note-taking earphones priced at $249. The device records calls and in-person conversations, utilizing an AI agent to automate tasks like writing emails and creating documents. Featuring an eSIM-enabled case for remote AI interaction, the product aims to provide a seamless wearable interface. Shipping in late 2026, the Plaud One enters a competitive market alongside rivals like Anker and Viaim.

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Fintech firm Paramotor Digital Technology secures Sebi's nod for IPO

Startups

Paramotor Digital Technology Ltd, a fintech and enterprise technology firm, has received Sebi's approval to launch an initial public offering. The company, which filed confidentially in May, offers a diversified platform including SpendPro, RewardOn, yayyy.shop, and DevStack. Specializing in spend management, digital gifting, and software development, the asset-light firm is managed by Motilal Oswal Investment Advisors and Equirus Capital as book-running lead managers for the issue.

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6 Books that explain how language influences the way we think

Startups

"Language is more than a communication tool; it shapes how humans perceive reality, categorize experiences, and make decisions. Various scholars and authors, including Guy Deutscher, Steven Pinker, and Gretchen McCulloch, explore this connection through books on linguistic relativity, conceptual metaphors, biological instincts, and digital evolution. These works demonstrate that language and thought are deeply interconnected, influencing personal identity and the way individuals interpret the world around them.".

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10 Books for anxious people who can't quiet their minds

Startups

Managing an overactive, anxious mind can be challenging, but various books offer valuable tools for relief. Resources grounded in cognitive behavioral therapy, neuroscience, and mindfulness, such as "The Worry Trick" and "Mind Over Mood," help readers identify negative patterns and retrain their brains. By utilizing therapeutic exercises and philosophical insights, these books enable individuals to handle uncertainty and develop a calmer, more mindful relationship with their thoughts. (69 words) -.

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Source: Tech Crunch

OpenAI to start showing ads on ChatGPT’s free and Go tiers in India

Startups

OpenAI is expanding its advertising program to India, partnering with agencies WPP and Omnicom to feature 50 brands. A new ad manager will launch next month, requiring a minimum daily budget of ₹725. Following previous rollouts in the U.S. and Europe, this move aims to diversify revenue streams ahead of a potential IPO, as the company seeks to monetize its 100 million weekly active Indian users.

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ART-PV is stacking two solar cells on top of each other to push past silicon's limit

Startups

ART-PV India, incubated at IIT Bombay, is developing tandem solar cells to surpass the efficiency limits of single-junction silicon. By stacking perovskite on silicon or cadmium telluride, the company achieved a laboratory efficiency of 29.8%. Supported by the Ministry of New and Renewable Energy and partners like First Solar and Waaree, a $10 million pilot facility is being built, though perovskite durability remains a challenge.

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VDT builds the robots that travel inside pipelines looking for the flaw that will burst

Startups

"VDT Pipeline Integrity Solutions, established in Noida in 2017, develops indigenous pipeline inspection tools, known as pigs, to detect corrosion and dents. The company offers integrated engineering and field services for the oil and gas sector, reducing India's reliance on foreign contractors. Backed by IIM Lucknow and ONGC's startup fund, VDT recently showcased its inspection platform at Bharat Innovates in France, though financial and customer data remain undisclosed.".

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A solar panel that rolls up, from a laboratory at IISc

Startups

Bengaluru-based ABX3PV, incubated at the Indian Institute of Science, develops perovskite solar modules in both rigid and flexible forms. Unlike conventional silicon panels, perovskites allow for versatile applications on curved surfaces, vehicles, and space systems. The company provides end-to-end manufacturing technology and is scaling a 500 kW production line for drones and satellites, though it has not yet released specific efficiency figures or funding details.

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AmpereHour builds the battery systems that let a grid store what its solar farms generate

Startups

India's new requirement for solar storage has boosted demand for battery solutions. Pune-based AmpereHour Energy, founded by IIT Bombay alumni, provides full-stack hardware, software, and installation services. With 40 MWh commissioned and 1,000 MWh under execution, the company serves major clients like Amazon and Siemens. Having raised $7.45 million in total funding, AmpereHour focuses on optimizing energy management through its ELINA platform.

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From data to decisions to action: How agentic AI is powering the always-on startup

Startups

The Snowflake Startup Mixer in Hyderabad explored how startups use agentic AI to build "always-on" organizations. Panelists from Pocket FM, Sid’s Farm, and Recykal discussed integrating AI into core workflows to scale operations and efficiency without increasing headcount. While AI accelerates production and data analysis, experts emphasized that human judgment remains critical. The event concluded with a demonstration of Snowflake Cortex Code for rapid AI application development.

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From idea to online store in under an hour: inside Hostinger's AI builder

Startups

At a YourStory-Hostinger webinar, Hostinger's Dalia Melnikiene walked founders and freelancers through building a full business website, store, and email setup using AI, live.

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Pre-seed VC firm Industrial47 raises Rs 85 Cr in first close of Rs 200 Cr fund

Startups

Industrial47, a pre-seed venture fund founded by Rahul Seth, has raised Rs 85 crore in its first close, targeting a total corpus of Rs 150 crore. Backed by family offices and Swiggy co-founder Nandan Reddy, the fund will invest Rs 2 crore to Rs 10 crore in 15-20 startups. It focuses on frontier technologies like space, defence, and energy to enhance India's technological sovereignty and industrial self-sufficiency.

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Logistics tech startup TrucksUp raises $8.2M in growth funding

Startups

"Gurugram-based logistics platform TrucksUp has raised $8.2 million at a $42.3 million valuation from institutions, family offices, and its co-founders. The company plans to use the capital to enhance its technology stack, hire new talent, and optimize freight matching for SMEs. TrucksUp offers automated freight discovery, predictive telematics, and a used-vehicle program to help drivers become fleet owners within India's growing logistics market.".

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Quad AI Bet on Patna First. Can It Rethink Tech Education in India?

Startups

Quad AI, founded by Mohit Choudhary and his team, is a technology and management school bridging the gap between talent and opportunity in non-metro regions. Starting in Patna and expanding to Bengaluru and Mangaluru, the school offers affordable, industry-led education. By utilizing practitioners from top tech firms and stackable programs, Quad AI aims to provide career-ready skills, focusing on early student outcomes before its first cohort graduates in 2029.

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Commercial EV maker Omega Seiki Mobility raises additional Rs 50 Cr funding

Startups

Commercial EV manufacturer Omega Seiki Mobility has raised a total of Rs 100 crore this month to expand its manufacturing capacity, R&D, and dealer network. Backed by the Anglian Omega Group, the company aims to diversify from cargo three-wheelers into passenger mobility and premium electric two-wheelers. With plans to enter African markets and grow its Indian network to 250 touchpoints by FY28, the firm is valued up to Rs 2,833 crore. (74 words) -.

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Source: Tech Crunch

Nvidia closes in on Hugging Face acquisition

Startups

Nvidia is reportedly acquiring Hugging Face, a leading open-source AI model hub, for approximately $12.9 billion. This strategic move aims to protect Nvidia's chip dominance by fostering an open-source ecosystem, reducing reliance on closed-source labs developing their own hardware. Additionally, the deal allows Nvidia to re-enter the cloud computing market and monetize unused capacity, significantly increasing Hugging Face's valuation from its previous $4.5 billion mark.

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KollegeApply launches Orbit at Elevate Bengaluru to simplify AI-led student admissions

Startups

"KollegeApply has launched Orbit, an AI-powered conversational admissions assistant, at the Elevate Bengaluru event on August 22, 2026. Orbit streamlines college research by integrating data from over 10,000 institutions, 200 entrance exams, and 1,200 courses into a single interface. By offering predictive tools and contextual answers, the platform aims to help students make informed academic and career decisions, reducing the fragmentation of traditional search processes.".

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Astrology platform InstaAstro raises $12M in Series A

Startups

Noida-based astrology platform InstaAstro has raised $12 million in a Series A round led by Singularity AMC and Artha Venture Fund. The company plans to utilize the funding to develop AI-driven solutions, including sentiment analysis and multilingual support, while expanding its spiritual commerce and pooja services. With 12 million users and annualized revenue exceeding Rs 200 crore, InstaAstro continues to scale its global reach and expert network.

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A cricket field where girls and boys are equals; Hiring intent among GCCs

Startups

India is positioned as the world's fastest-growing major economy, with government efforts to attract foreign investment and boost deeptech through initiatives in Tamil Nadu and partnerships with Japan. Meanwhile, global capability centres in India expect workforce expansion in FY27, prioritizing quality talent. Other highlights include the RISE Premier League promoting gender equality in Chhattisgarh, boAt's profit growth, and Wipro's entry into the pet food market.

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