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5 Books that explain why nostalgia feels so powerful

Startups

Nostalgia is a complex emotion that fosters identity, social connection, and comfort during uncertainty. Through the lenses of psychology, neuroscience, history, and literature, several key texts explain how memories are reconstructed and linked to personal narratives. These works reveal that nostalgia is not mere sentimentality but a vital process of storytelling and memory preservation that helps individuals understand their present selves by connecting with their past.

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Sarla Aviation gets design organisation approval from DGCA

Startups

"Bengaluru-based startup Sarla Aviation has received Design Organisation Approval from India's aviation safety regulator, enabling the company to transition toward full commercial production and type certification. The startup, backed by Accel and prominent angel investors, recently inaugurated its new headquarters and announced several strategic partnerships. Having completed extensive flight tests with its technology demonstrator, Sarla Aviation aims to establish an indigenous electric air taxi ecosystem across India.".

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Diyamaati FPC: Bihar’s women build a model that is changing the future of villages

Startups

Diyamaati Farmer Producer Company Limited, founded by Sangita Devi in Bihar's Sitamarhi district, empowers rural women by reducing dependence on middlemen for farming materials. Established in 2023 with support from BSLD and SSEVS, the company now includes over 2,100 shareholders. By producing balanced animal feed called 'Damdaar Dana' and providing financial training, the FPC has enhanced the economic independence and leadership of thousands of women.

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Source: inc42

Info Edge Q1: PAT Jumps 43% YoY To ₹490 Cr, Revenue Increases 11%

Business

Info Edge, the parent company of Naukri, reported a 43% year-on-year increase in net profit for Q1 FY27, reaching ₹490.1 crore. However, profit declined 35% sequentially from ₹755.7 crore. Operating revenue grew 11% year-on-year to ₹880.7 crore, while total revenue, including other income, reached ₹1,073 crore. Total expenses for the quarter saw a marginal increase of 3% year-on-year, totaling ₹580.4 crore during the period.

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Source: inc42

AUM Ventures Marks First Close Of ₹750 Cr Deeptech-Focused Fund At ₹225 Cr

Business

AUM Ventures has marked the first close of its India Innovation Fund II at ₹225 crore, targeting a total corpus of ₹750 crore. With over 65% of commitments from international investors, the fund will provide early-stage capital to 25-30 Indian deeptech startups in sectors like AI and spacetech. Building on Fund I's strong performance, the firm aims to support pre-seed and seed stages with follow-on funding reserved.

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Source: inc42

GalaxEye Acquires StarOps To Expand Satellite Engineering Capabilities

Business

"Spacetech startup GalaxEye has acquired Bengaluru-based StarOps to enhance its in-house satellite engineering capabilities. This acquisition provides GalaxEye with indigenous spacecraft technologies, including qualified satellite bus platforms and proprietary subsystems. Founded in 2021, GalaxEye develops vertically integrated space tech for defense and commercial use, specifically through its OptoSAR imaging technology. The company now aims to launch two new satellites within the next 24 months.".

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GalaxEye buys StarOps to strengthen indigenous satellite engineering

Startups

Bengaluru-based spacetech startup GalaxEye has acquired spacecraft engineering firm StarOps to vertically integrate its satellite development process. By incorporating StarOps' engineering team and indigenous subsystem technologies, GalaxEye aims to strengthen its in-house capabilities for building advanced space systems. This move supports GalaxEye's development of OptoSAR Earth Observation satellites, which combine synthetic aperture radar and optical imaging to provide all-weather, day-and-night imaging capabilities.

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How building InMobi and Glance shaped Piyush Shah's vision for India's AI future

Startups

Piyush Shah, founder of InMobi and Glance, argues that India's AI strategy should focus on democratizing technology to improve everyday life for millions rather than competing with US frontier models or Chinese industrialization. He emphasizes solving real-world problems, managing inference economics, and leveraging distribution as a primary moat. While enterprise AI offers immediate value, India's long-term success lies in creating inclusive, sustainable solutions at a massive scale.

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Source: inc42

The D2C & Retail Summit 2026 Agenda Is Live: Decoding India’s New Commerce Playbooks

Business

The D2C & Retail Summit 2026 will take place on August 19 at The Leela Ambience, Gurugram. Featuring Guest of Honour Shri Piyush Goyal, the event will gather over 600 founders, investors, and CXOs. Under the theme "Commerce In The Age Of AI & 10-Min Delivery," the summit will explore AI, quick commerce, and capital efficiency to help brands navigate India's rapidly growing ecommerce market and build durable consumer businesses.

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From lockdown feeding to saving 2,000+ animals: Varsha Raj’s story

Startups

Founded by Varsha Raj and Ashish Ranjan during the coronavirus lockdown, the APNA Foundation provides critical care for street animals in Patna. The organization operates the city's first dedicated animal shelter, having rescued over 2,000 animals and facilitated 500 adoptions. Beyond medical treatment and vaccinations, the foundation conducts awareness campaigns to promote the adoption of Indian breeds and aims to establish a modern animal hospital and sanctuary.

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Source: inc42

Announcing The D2C Retreat 2026 | 70+ Consumer Brand Founders, ₹30,000 Cr+ In Revenue, Everything Off-Record

Business

The third edition of The D2C Retreat will take place from September 17-19, 2026, at Raffles Udaipur. Over 70 founders of India's leading consumer brands, representing more than ₹30,000 Cr in collective annual revenue, will gather on a private island. Operating under the Chatham House Rule, these leaders will discuss scaling, durability, and leadership to navigate the complexities of India's rapidly growing consumer economy.

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Source: inc42

NHRC Seeks Report From Delhi Government Over Alleged Overcharging By Cab Aggregators

Business

The National Human Rights Commission has ordered the Delhi government to investigate allegations that app-based cab and auto aggregators are overcharging commuters beyond prescribed rates. The commission demanded a report within two weeks, asserting that digital platforms must adhere to state-fixed fares. Additionally, the NHRC notified the Union Ministry of Consumer Affairs to ensure compliance, as driver unions simultaneously demand fare revisions due to rising operational costs.

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7 Books that explore the meaning of home and belonging

Startups

Home is more than a physical location; it represents identity, safety, and the universal human search for belonging. Through seven diverse novels, including The Namesake and Pachinko, the text explores how home is constructed via cultural heritage, family bonds, community, and self-acceptance. These stories demonstrate that belonging is often found in emotional connections and resilience rather than geography, highlighting the complex nature of finding where one truly fits.

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Why Chasing Perfection Often Prevents Real Progress

Startups

The pursuit of perfection often hinders progress, leading to procrastination, stress, and missed opportunities. While striving for excellence is beneficial, perfectionism creates unrealistic expectations that delay action. Success stems from taking imperfect first steps and learning through experience. By embracing "good enough" and focusing on completion over flawless results, individuals can enhance their productivity, creativity, and emotional well-being, ultimately achieving more through consistent action and growth. (69 words) -.

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Source: inc42

Delhivery’s Q1 Show, Weekly Funding Rebounds & More

Business

Delhivery reported a 65% profit drop to ₹31.9 Cr in Q1 FY27 despite a 28% revenue increase, citing labor and fuel costs. Meanwhile, Indian startup funding surged 74% to $274.4 Mn last week, led by cleantech. Flipkart’s Minutes is entering the premium grocery market with its Pykd brand. Additionally, Maharashtra considers new aggregator rules for delivery platforms, and the government clarified that UPI remains free for consumers.

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Building a ‘jetpack’ for satellites; Sharp rise in VC inflow

Startups

Space debris challenges are prompting startups like Aule Space to develop satellite-servicing "jetpacks" to extend orbital lifespans. Meanwhile, environmental concerns rise over microplastics in compost and Amazon's high-emission power plant plans. In business, Myspace seeks a nostalgic comeback, while Indian venture capital funding saw a sharp August rebound, totaling $323 million. Additionally, FIFA clashes with UEFA, and OpenAI integrates the NextSlide team into ChatGPT.

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Source: inc42

Ola Electric’s Comeback Quarter Comes With A Caveat

Business

Ola Electric is focusing on cost reduction and market share recovery after a period of decline. In Q1 FY27, revenue rose 72% sequentially to ₹455 Cr, though net losses persist at ₹336 Cr. To improve unit economics, the company is diversifying into electric motorcycles, shifting to a dealer-led distribution model, and investing in proprietary battery cells, while facing ongoing challenges with service complaints and supplier disputes.

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Source: Tech Crunch

Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry

Startups

"AI-focused hedge fund Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, recently invested $400 million into Source Foundry, a chip manufacturing startup. This brings its total investment in the firm to $500 million. Despite this move, the fund's assets under management fell from $20 billion to $10 billion after selling most of its public portfolio to Citadel following losses in AI infrastructure stocks.".

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Source: Tech Crunch

Anthropic is turning Claude Code’s auto mode on by default

Startups

Anthropic will make auto mode the default for Claude Code Pro, Max, and Team accounts starting August 14. This mode executes tasks without human approval unless actions are destructive or irreversible. Testing revealed auto mode is safer than manual review, catching 89% of harmful actions compared to 13.6% by humans. To enhance security, Anthropic is introducing prompt injection screening and customizable hard deny rules to prevent data exfiltration.

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Source: Tech Crunch

TechCrunch Mobility: Zoox prepares for launch and Uber’s AV empire

Startups

Amazon-owned Zoox will begin charging for robotaxi rides following an NHTSA exemption for vehicles without traditional controls. Meanwhile, Uber plans to invest $10 billion into deploying 120,000 driverless cars. Moove raised $250 million to expand its autonomous fleet management, and Tesla and SpaceX are jointly investing $16.8 billion in a Texas.

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