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Zulu Defence builds tactical drones in Bengaluru, and even the Dutch special forces have placed an order

Startups

Bengaluru-based startup Zulu Defence specializes in tactical unmanned systems for military use, focusing on platforms like HOVERBEE and the indigenous DRAP loitering munition. Designed for electronically contested environments, these portable systems avoid commercial applications to meet strict military requirements. After successful trials with Indian forces, the company secured a procurement order from Netherlands Special Forces and is expanding exports across Europe and West Asia.

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Source: Startup

Jack Dorsey Says Indian Govt Ordered bitchat Takedown Amid Student Protests

Business • via Startup • Lokesh Choudhary

Former Twitter CEO Jack Dorsey reports that the Indian government ordered GitHub to remove repositories for bitchat, an open-source messaging app. Bitchat uses Bluetooth mesh networking to enable communication without internet or centralized servers. The Indian Cyber Crime Coordination Centre cited security concerns, arguing that the app's anonymity hinders lawful interception and could facilitate organized crime or public disorder during internet shutdowns and ongoing student protests.

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Source: Startup

Fractal, Meesho Slide Over 6% Each After Q1 Results

Business • via Startup • Anjali Jain

"Shares of Fractal and Meesho dropped over 6% following their Q1 FY27 results, as investors focused on growth concerns despite strong year-on-year figures. Fractal's decline was driven by underperformance in its technology, media, and telecom vertical and upcoming wage pressures. Meesho's shares slumped due to a projected moderation in Q2 net merchandise value growth and increased marketing spending ahead of the festive season.".

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Source: Startup

HCLTech Announces $1.5 Bn Investment To Build Maiden AI Data Centre In Odisha

Business • via Startup • Anne Florentyna

HCLTech has signed a memorandum of understanding with Sarvam AI and the Odisha government to establish an AI data centre in Bhubaneswar. With a planned investment of ₹14,257 crore, the facility will develop sector-specific applications for government and enterprise clients. This move aligns with HCLTech's full-stack AI strategy and follows similar initiatives by Reliance and Adani as India's AI data centre market continues its rapid expansion.

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Intel reports fastest revenue growth in 15 years riding AI infra wave

Startups

Intel Data Centre and AI business grew 59% to $6.3 billion, while Intel Foundry, its contract manufacturing business, recorded 31% revenue growth.

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From Physical Rituals to Digital Rewards: How Corporate Gifting is Being Rewritten in India

Startups

Indian corporate gifting is shifting from traditional physical items to digital rewards like Flipkart Gift Cards. This transition offers recipients greater utility through personal choice and simplifies logistics for hybrid teams. For companies, digital cards streamline procurement, enhance financial auditing, and support scalable loyalty programs. Beyond operational efficiency, these cards serve as strategic tools for platform growth by introducing new users to the e-commerce ecosystem.

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Long hours, little sleep: BII startup wellness survey reveals the cost of building companies

Startups

Bertelsmann India Investments recently hosted the eighth Bertelsmann Badminton Championship in Bengaluru, bringing together over 150 startup founders and investors under the theme "Rally For Health." The event aimed to promote long-term wellness within the intense entrepreneurial ecosystem. Alongside the tournament, a wellness survey revealed high burnout rates and long working hours among participants, highlighting a need for organizational support for physical and mental health.

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Swiggy board caps foreign ownership at 49.5%

Startups

Swiggy's board has approved a proposal to cap aggregate foreign ownership at 49.5% to qualify as an Indian-owned-and-controlled company. This move, pending shareholder approval on August 18, would enable Swiggy to directly own and sell inventory through Instamart, enhancing margins and supply chain control. Additionally, the board approved amendments to the Articles of Association to align with FEMA norms and reclassify preference share capital as equity.

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EV penetration may rise to 10-12% of total sales in FY27: report

Startups

India's electric vehicle sector is expanding, with overall penetration expected to reach 10-12% this fiscal. Ind-Ra reports strong growth in e-two-wheelers and e-three-wheelers, the latter reaching 62-65% by FY27. While passenger vehicles and e-buses show steady growth, long-distance mobility remains gradual. Future success depends on developing a domestic value chain, reducing import reliance for batteries, and expanding charging infrastructure to support broader adoption.

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Source: Startup

Swiggy Slumps Nearly 8% After Renewed Push To Cap Foreign Ownership

Business • via Startup • Palak Sharma

Shares of Swiggy tanked as much as 7.8% to ₹242.60 during the intraday trading on the BSE, a day after.

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Source: Startup

Flipkart Set To Enter Food Delivery Market In Coming Weeks

Business • via Startup • Anjali Jain

Walmart-owned Flipkart will enter India's food delivery market in the coming weeks, launching via its main platform and a standalone app. This move aims to increase customer engagement and challenge competitors like Zomato and Swiggy. While expanding its commerce ecosystem, CEO Kalyan Krishnamurthy confirmed there is no immediate timeline for an IPO, as Walmart prioritizes achieving EBITDA breakeven by the end of fiscal year 2027.

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Scarcity in the age of AI: Why human value is rising

Startups

While many fear AI-driven job displacement, Durga Prasad Kakaraparthi argues that AI abundance makes human skills more valuable. By automating routine tasks, AI increases the scarcity and premium of human judgment, trust, and accountability. Similar to how digital art enhanced the value of hand painting, AI will elevate roles focused on high-level problem solving. Professionals must evolve their skills to leverage AI and remain competitive.

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CCI junks complaint against Eternal over Zomato platform fee, pricing practices

Startups

The complainant had alleged that the difference arose due to inflated menu prices, delivery charges, platform fee and taxes.

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NCLT stays Byju's bidding process till next hearing

Startups

The National Company Law Tribunal has ordered the resolution professional of Think & Learns, owner of edutech brand Byju's, to halt the Form G bidding process until August 31, 2026. This decision follows a challenge by founders Byju and Riju Ravindran regarding a massive claim by GLAS Trust Company LLC. The founders argue that the claim's size unfairly influences the insolvency process and the final bidding outcome.

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How meaning helps us endure life's toughest challenges

Startups

Based on Viktor Frankl's insights, the capacity to endure hardship depends more on finding meaning than on external circumstances. While purpose does not eliminate pain, it enhances resilience and mental health by reframing adversity. Individuals can cultivate meaning by clarifying values, setting purposeful goals, and fostering relationships. Although structural barriers remain, linking actions to a larger purpose transforms endurance into a coherent life direction.

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Source: Startup

Meesho’s Q1 Show, Skyroot’s New Era & More

Business • via Startup • Team Inc42

Meesho narrowed its Q1 FY27 losses to ₹132.8 crore amid 48% revenue growth. Meanwhile, Skyroot achieved a milestone as the first private Indian company to launch a rocket. VAHDAM is pivoting toward the Indian market, and Klassroom prepares for its SME IPO. Additionally, BUSINESSNEXT raised $40 million, Swiggy seeks to cap foreign ownership for regulatory reasons, and Astrobase is developing indigenous heavy rocket engines for space access.

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Infosys names new CEO; Helping small farmers earn more

Startups

Amazon is integrating AI into Prime Video and expanding Indian export capabilities. Google faces a €890 million EU fine and introduces new account recovery features. Space experts warn against orbital data center pollution. Infosys appointed Ashiss Kumar Dash as CEO designate amid strong AI-driven growth. Additionally, Tesla reported weak earnings, oil prices rose following Houthi attacks, and Spudnik Farms expanded its sustainable agriculture model in India.

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The future of Bharat’s economy is being built beyond cities

Startups

India's economic growth is increasingly driven by rural areas and small towns, with the digital economy projected to reach nearly 20% of GVA by 2029-30. While digital infrastructure like UPI enables access, sustainable inclusion requires assisted models to overcome gaps in trust, literacy, and continuity. By combining technology with local human support and increasing women's participation, India aims for inclusive, sustainable growth across its villages.

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Source: Tech Crunch

How AI guardrails are impeding the work of offensive cybersecurity researchers

Startups

AI companies like Anthropic and OpenAI have implemented strict guardrails to prevent malicious cyberattacks, but these restrictions are hindering legitimate cybersecurity researchers and network defenders. Critics argue that the same tools used for offensive probing are essential for defensive patching. Consequently, some professionals are turning to open-source or foreign AI models, warning that over-sanitization may stifle U.S.-based defensive efforts against future large-scale AI-driven attacks.

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Source: Tech Crunch

Meet the judges who will crown Australia’s next breakout startup

Startups

TechCrunch Startup Battlefield is coming to Australia — and we're partnering with Stripe to find the country's most exciting early-stage startups.

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