Milky Mist IPO to close tomorrow; price band fixed at Rs 133-140

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Milky Mist IPO to close tomorrow; price band fixed at Rs 133-140

Startups

"Milky Mist Dairy Foods' Rs 1,553-crore IPO closes on August 13, having been fully subscribed by its second day. With a price band of Rs 133-140, the offering includes a fresh issue and an offer for sale. The Tamil Nadu-based company focuses on high-margin, value-added dairy products rather than liquid milk, positioning itself as an FMCG-style business. The shares will list on the BSE and NSE.".

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From Namakkal to Bombay House: Journey of Tata Sons Chairman N Chandrasekaran

Startups

N Chandrasekaran, Chairman of Tata Sons, rose from joining TCS in 1987 to becoming its CEO in 2017, where he established the company as India's top IT services firm in revenue and profit. Since leading Tata Sons, he has focused on debt reduction, business consolidation, and digital expansion. His tenure includes ventures into semiconductors and electronics, though the Air India acquisition remains a significant challenge.

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Google unveils Pixel 11 lineup, new AirTag rival, and Gemini features at Made by Google 2026

Startups

"At the Made by Google 2026 event, Google unveiled the Pixel 11 series, including a more durable Pro Fold and a standard model starting at $899. New Gemini-powered AI features include ASL translation and the Rambler voice-input tool. The company also introduced the Pixel Tag for item tracking and the Pixel Watch 5, which offers enhanced health monitoring for blood pressure and insulin resistance trends.".

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Google’s Quick Share adds a tap-to-share mode

Startups

"Google has launched an updated Quick Share feature, enabling Android users to exchange contacts, photos, and videos by bringing compatible devices together. Similar to Apple's NameDrop, this "instant, two-way exchange" simplifies file sharing. The update is currently rolling out for Pixel 6 and newer models, with support expanding to Samsung Galaxy Z Fold8 and Flip8 series soon, and more devices expected to be compatible by year-end.".

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Google unveils the Pixel Watch 5 with a smarter Gemini and advanced health monitoring

Startups

Google unveiled the Pixel Watch 5, starting at $399, featuring an enhanced Gemini AI experience for proactive assistance and offline voice control. The smartwatch introduces advanced health monitoring for blood pressure patterns and insulin resistance, alongside improved sleep and GPS tracking. Powered by the Snapdragon W5 Gen 2 platform, it offers faster performance and up to 40 hours of battery life. Pre-orders begin Wednesday for an August 20 release.

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Google’s new Pixel 11 Pro Fold offers a stronger build and brighter screens

Startups

Google unveiled the Pixel 11 Pro Fold, featuring a stronger hinge and a lighter, thinner design. The device boasts brighter displays, including a Super Actua outer screen with 3,600 nits peak brightness. While the battery capacity decreased to 4,750 mAh, it adds 25W wireless charging. Powered by the G6 Tensor chip, it offers a 48-megapixel sensor and 30x digital zoom. It costs $1,899 in Olive or Obsidian.

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Google takes on AirTag with the new $29 Pixel Tag

Startups

Google unveiled the $29 Pixel Tag at its "Made by Google ’26" event, designed to track valuables using the Android Find Hub network. The oval-shaped device features Bluetooth, Ultra Wideband, and an IP67 rating for water resistance. Powered by a replaceable CR2032 battery lasting about a year, it integrates with Pixel Watches and phones. The Pixel Tag launches November 11, 2026, priced at $29 individually or $99 for four.

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Google’s Pixel 11 lineup offer fewer hardware changes, but much more Gemini

Startups

Google has launched the Pixel 11 series, focusing heavily on agentic AI via Gemini to handle tasks like booking rides and ordering groceries. New features include sign language translation, "Magic Capture" for photos, and the Tensor G6 processor for improved efficiency. The lineup includes the Pixel 11, Pro, and Pro XL, with prices ranging from $899 to $1,299. Devices feature 256GB base storage and updated camera sensors.

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Uber Takes Bike Services To 100 More Cities Amid Intense Competition

Business

Uber is expanding its Uber Bike service to 100 additional Indian cities, bringing its total presence to 220 across 18 states and one union territory. This strategic move targets smaller towns to improve first- and last-mile connectivity and challenge competitor Rapido's market dominance. While Union Minister Nitin Gadkari supports the expansion, regulatory hurdles persist in several states. This growth follows significant financial losses reported by Uber India.

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How SwishX Is Fixing Messy Back Office Sales Workflows For Pharma Companies With AI

Business

Swish Club has pivoted to SwishX, an agentic AI platform specializing in pharmaceutical and medtech commercial operations. Moving away from device leasing, the company now offers vertical AI tools for sales, distribution, contracts, and tendering. SwishX has already surpassed $1 million in annual recurring revenue and aims for $5 million in contracted ARR and over 100 enterprise customers by FY27, focusing on industry-specific workflows over generic AI.

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SBI Foundation and NSRCEL launch second iCube cohort to strengthen regional incubators

Startups

NSRCEL at IIM Bangalore, in partnership with the SBI Foundation, has launched the second cohort of its Incubating Incubators (iCube) Initiative. This program aims to strengthen institutional capacity for regional innovation ecosystems. The new cohort includes AIC MAGIC, IC IIT Patna, and TIFT. By providing tailored mentoring and resources, iCube helps these incubators develop robust, contextualized models to better support entrepreneurs beyond India's major metropolitan hubs.

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Maharashtra Makes Knowing Marathi Mandatory For App-Based Drivers

Business

Maharashtra has mandated that app-based cab drivers for platforms like Ola, Uber, and Rapido possess a working knowledge of Marathi. Non-compliance may lead to license suspension or cancellation. To assist, the state is providing training, with over 1.10 lakh drivers already certified. Additionally, aggregators must apply for state licenses by September 1 under new regulations that govern fares, safety standards, and vehicle requirements to ensure passenger security.

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Indian physicist Deepak Dhar wins the 2026 Dirac Medal

Startups

"Deepak Dhar, an INSA Distinguished Professor at ICTS-TIFR, has been awarded the 2026 Dirac Medal by the International Centre for Theoretical Physics. He is the second scientist working in India to receive this honor. Recognized for his pioneering work in statistical mechanics and complex systems, Dhar's research bridges physics with artificial intelligence, neuroscience, and optimization. He shares the prestigious award with three other internationally renowned researchers.".

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AI code-testing startup Blacksmith’s valuation jumps almost 10x in less than a year

Startups

Blacksmith has raised $45 million in a Series B round led by Peak XV Partners, valuing the startup at $550 million. The company focuses on testing and validating software code to address bottlenecks caused by AI-generated coding tools. Serving over 5,000 customers, Blacksmith offers CI workloads and an AI agent called Codesmith. Despite heavy competition from tech giants, the firm aims to expand its suite of developer tools.

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Exclusive: AI Healthtech Startup August AI In Talks To Raise $4 Mn From Peak XV

Business

August AI, an AI-powered health companion startup, is reportedly in discussions to raise approximately $4 million from Peak XV Partners. Founded in 2022, the company provides personalized health insights and symptom analysis across 30 languages. This potential funding follows a $3 million seed round from Accel and Claypond Capital. The move highlights increasing investor interest in AI-driven healthcare solutions for disease detection and clinical workflow efficiency.

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Lenskart Q1: Profit Zooms 3.7X YoY To ₹228.4 Cr, Revenue Up 43%

Business

Lenskart, the omnichannel eyewear giant, reported a significant surge in its consolidated net profit for Q1 FY27, reaching ₹228.4 crore. This represents a 273% year-on-year increase and a 12% sequential rise. Operating revenue grew 43% year-on-year to ₹2,714.2 crore, while total income rose to ₹2,782.7 crore. Despite these gains, total expenses increased by 35% year-on-year to ₹2,483.5 crore during the quarter.

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Reservoir raises $8M to make water heaters that people — and the grid — will actually want

Startups

Reservoir, a startup that recently raised $8 million in seed funding, is launching smart heat pump water heaters in the Boston area. These devices use predictive heating and ultrasonic leak detection to increase efficiency and reduce energy costs. By optimizing heating times, Reservoir aims to stabilize the power grid. The company offers Core and Max models and operates its own plumbing service to streamline installation and sales.

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Duroflex Airboost aims to solve India's biggest wellness challenge: Deep Sleep

Startups

Deep sleep is essential for physical and cognitive recovery, yet many Indians suffer from fragmented sleep. To address this, Duroflex launched Airboost, a mattress technology focusing on spinal alignment, breathability, and energy restoration. Using an open-matrix design with over one lakh fibers, Airboost is accredited by the Indian Society for Sleep Research for increasing deep sleep by 30%. The range offers various models tailored to different budgets and preferences. (69 words) -.

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Delhi HC Says Personality Rights ‘Going Out Of Hand’, Flags Free Speech Concerns

Business

"The Delhi High Court is seeking clearer limits on personality rights to prevent them from infringing upon free speech. While hearing actor Janhvi Kapoor's plea against unauthorized commercial exploitation and AI-generated content, Justice Anup Jairam Bhambhani declined a blanket takedown of fan pages. The court emphasized that public figures must tolerate some scrutiny, urging a balanced approach to protect individuals without restricting legitimate expression or digital creativity.".

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Exclusive: Astrotalk Joins Unicorn Club After ESOP Buyback At $1 Bn Valuation

Business

Delhi NCR-based astrology platform AstroTalk has become India’s 133rd unicorn following an ESOP buyback at a $1 billion valuation. The company reported an annual revenue run rate exceeding ₹2,500 crore, with FY25 net profits rising to ₹250 crore. Beyond its core consultation services, AstroTalk is expanding into spiritual ecommerce through its Astrotalk Store, with plans for offline retail in Delhi NCR and international expansion into the US market.

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