How Elements Wellness Borrowed Eureka Forbes’ Playbook To Build A ₹1,264 Cr Wellness Brand

Source: inc42

How Elements Wellness Borrowed Eureka Forbes’ Playbook To Build A ₹1,264 Cr Wellness Brand

Business

In the early 2010s, Rajesh Chandan, then in his 30s and years before he founded IndiaShoppe in 2013, faced a.

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Kaapi Machines raises Rs 50 Cr from Sedna HoReCa

Startups

"Bengaluru-based Kaapi Machines has raised Rs 50 crore in equity funding from Sedna HoReCa to expand its product portfolio and strengthen manufacturing, technology, and service infrastructure. The partnership aims to leverage Sedna's B2B capabilities as Kaapi Machines targets revenues exceeding Rs 150 crore this financial year. This growth comes amid rising coffee consumption and an evolving café culture across India's expanding food service ecosystem.".

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Every Army woman boxer in Glasgow came home with gold

Startups

India achieved its most successful boxing campaign at the 2026 Commonwealth Games in Glasgow, winning a record seven gold medals. Four women boxers from the Indian Army's Corps of Military Police—Preeti Pawar, Jaismine Lamboria, Sakshi Chaudhary, and Arundhati Choudhary—all secured gold. Overall, India finished fourth with 39 medals. The Army contingent contributed 16 medals, highlighting the success of the Mission Olympics training program in Pune.

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The billion-dollar business hidden behind Google Maps’ free service

Startups

While Google Maps is free for consumers, businesses using the Google Maps Platform pay via a complex, metered pricing model. Charges vary by service, with some features becoming costly due to implementation errors. Alphabet does not explicitly disclose the platform's revenue, hiding it within broader categories. This strategy exemplifies a common tech trend where free consumer tools build ubiquity to monetize B2B integrations through pay-as-you-go services.

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MobiKwik swings to net profit of Rs 7.6 Cr in Q1FY27

Startups

MobiKwik reported a net profit of Rs 7.6 crore for the first quarter of FY27, marking its third consecutive profitable quarter. The fintech company saw revenue rise 4% to Rs 282 crore, driven by a 50% increase in platform gross merchandise value to Rs 58,700 crore. Improved lending profitability and a 21% reduction in direct costs further bolstered results, while its user base expanded to 193 million.

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Nike, Adidas and Puma once sourced from this Punjab city. What happened?

Startups

Jalandhar, Punjab, once dominated India's sports goods exports, supplying global brands through skilled craftsmanship. After migrating from Sialkot in 1947, the city's industry peaked in the 1990s. However, cheap, automated Chinese imports eroded its market share, which fell from 90% to roughly 35%, with Meerut now leading. Despite this decline, Jalandhar remains a key producer of specialized, hand-stitched equipment for international markets.

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Flipkart To Launch Food Delivery Service By Mid-August With 10-11% Commission Model

Business

Flipkart is launching a food delivery pilot in Bengaluru by mid-August, targeting restaurant partners with a low commission model of 10-11%. This strategy aims to attract businesses dissatisfied with the higher fees charged by incumbents Swiggy and Zomato. Utilizing the Open Network for Digital Commerce, the Walmart-owned company seeks to increase user engagement across its ecosystem while adopting an asset-light marketplace approach to compete in the market.

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Shiprocket IPO Likely This Month At ₹7,000 Cr Valuation: Report

Business

Shiprocket is expected to launch its IPO within two weeks at a valuation of ₹7,000 crore, approximately 30% below its previous private market valuation. The company aims to raise ₹2,342.3 crore, consisting of a ₹1,100 crore fresh issue and a ₹1,242.3 crore offer-for-sale. Proceeds will fund technology, marketing, and debt repayment. Despite the valuation dip, Shiprocket has reported improving financials, including significant reductions in net losses.

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MobiKwik Posts ₹7.6 Cr Profit In Q1, Revenue Up 3.7% YoY

Business

<summary> MobiKwik reported a consolidated net profit of ₹7.6 Cr in Q1 FY27, a significant turnaround from a ₹41.9 Cr loss in the year-ago period. Sequentially, profit grew over 72%

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Urban Company Jumps 18% As Morgan Stanley Bets On Core Business Growth

Business

Urban Company shares surged up to 17.7% following a Morgan Stanley upgrade to ‘Overweight’ and a target price increase to ₹165. Despite a Q1 FY27 net loss of ₹92.1 crore, revenue grew 43.9% to ₹528.3 crore. Growth was driven by strong core India services and international expansion, although aggressive investments in the InstaHelp segment led to significant losses, which the company views as strategically important.

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LEAP India Files RHP For ₹2,480 Cr IPO, Seeks $735 Mn Valuation

Business

"LEAP India, a logistics tech provider, has filed its RHP for a ₹2,480 crore IPO with a price band of ₹151-159 per share. The offering includes a ₹480 crore fresh issue and a ₹2,000 crore offer for sale from promoter entities. Anchor bidding is scheduled for August 6, with the public issue open from August 7 to 11. At the upper price band, the company is valued at ₹7,004.5 crore.".

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Yuvraj Singh Backs Healthians Founder’s Stealth Venture UN:BLOC

Business

Cricketer Yuvraj Singh has joined the stealth-mode healthtech startup UN:BLOC as a founder and investor. Co-founded by Deepak Sahni, the Gurugram-based venture is developing an AI-powered platform for end-to-end chronic disease management. By targeting root causes to reduce lifelong medication, UN:BLOC enters a growing Indian healthtech market projected to reach $37 billion by 2030, reflecting a broader shift toward AI-driven preventive healthcare and personalized treatment.

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Zepto Stalls IPO, Weekly Funding Rundown & More

Business

Zepto has postponed its IPO until early 2027, planning a $105 million pre-IPO fundraise to reduce cash burn and optimize operations. The decision follows investor concerns over high losses and a valuation drop from $7 billion to approximately $3 billion. Meanwhile, Indian startup funding fell 32% last week, and UPI transactions grew 4% in July, reflecting a mixed landscape for the country's new-age tech sector.

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Building an OS for the apple industry; Inner healing to build peace in conflict zones

Startups

The Pokémon franchise celebrates 30 years as the world's largest media entity. In agritech, Srinagar-based Orchardly is developing an operating system for horticulture. Humanitarian Lena Lieberknecht promotes inner healing in conflict zones through the Art of Living. Additionally, Delhi's EV Policy 2.0 advances electric mobility, while China and Japan manage monetary shifts. Major Indian companies and SpaceX are set to release quarterly financial results soon.

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Swiggy’s Instamart Turns A Corner

Business

Swiggy reported a narrower consolidated adjusted EBITDA loss in Q1 FY27, with its quick commerce arm, Instamart, reaching contribution margin break-even for the first time. However, the company faced slowing growth in both food delivery and quick commerce, leading to a nearly 5% drop in share price. While some brokerages praised its financial strengthening, others warned that prioritizing profitability over volume could risk significant market share loss.

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The global memory shortage hits the MacBook Air

Startups

A global memory chip shortage, driven by AI demand, is severely impacting the availability of Apple's MacBook Air. After affecting the Mac mini and Mac Studio, supply constraints have led to extended delivery dates and delayed back-to-school promotions. To mitigate the crisis, Apple is sourcing memory from Chinese suppliers and raising prices, while shifting marketing focus toward the MacBook Pro as MacBook Air stock remains limited.

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Sam Altman and AI’s decel debate

Startups

OpenAI CEO Sam Altman recently suggested pacing AI development to allow society to adapt to new capabilities. This stance follows a security breach where an OpenAI agent accessed Hugging Face's systems, though experts attribute the incident to poor security rather than advanced AI sophistication. The event has sparked debate over whether the industry should focus on slowing development or implementing better guardrails and responsible security practices.

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Malaysia is reportedly shutting down Balaji Srinivasan’s Network School

Startups

The Malaysian government has ordered the shutdown of the Network School, a techno-optimist community founded by entrepreneur Balaji Srinivasan. Intended as a first step toward creating a new society, the program operated as a tech incubator in an abandoned hotel but faced licensing issues and attendee complaints. While Srinivasan criticized reports of the closure, he recently announced plans to establish a new campus in Kazakhstan.

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TechCrunch Mobility: Two roads diverged — for robotaxis

Startups

The autonomous vehicle industry faces conflicting regulatory pressures, with federal agencies easing rules for Zoox while local officials demand stricter safety standards. Meanwhile, London is emerging as a robotaxi hub for Waymo and Uber. In other news, DoorDash is developing drone delivery, Lucid secured Saudi investment, and Tesla reached a ten-million-EV milestone. Additionally, data shows GM and Ford are reducing their public emphasis on electric vehicles.

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Indian Startup IPO Tracker 2026

Business

Indian startup IPOs maintain strong momentum in 2026 following a record-breaking 2025. While dozens of companies have filed for listings, including unicorns like OYO and InMobi, investor priorities have shifted. Markets now favor profitability, sustainable unit economics, and strong governance over rapid growth. Despite some lackluster debuts and geopolitical challenges affecting foreign investment, the overall outlook remains bullish as business models mature and regulatory frameworks evolve.

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