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Source: Tech Crunch

Wispr Flow launches a Granola-styled meeting notetaker

Startups

"Wispr Flow has launched an AI-powered meeting notetaker for Mac that utilizes system audio to transcribe meetings without joining them. The tool generates summaries, action items, and insights, allowing users to query meeting history. Competing with services like Otter and Fireflies, the startup aims to expand its AI assistant capabilities. Wispr Flow has raised over $81 million and is reportedly seeking a valuation of $2 billion.".

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Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exports

Startups

The Indian government now permits foreign direct investment in inventory-based ecommerce models exclusively for exports to boost outbound shipments. These firms must register as an exporter-on-record and procure made-in-India goods only against confirmed orders, prohibiting speculative stockpiling. This framework aims to help Indian manufacturers and MSMEs access global markets by streamlining logistics and compliance, while ensuring transparency and timely payments to domestic sellers.

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Source: inc42

AI Concierge Startup Hulp Raises $2.6 Mn From Sparrow Capital, BITKRAFT

Business

"Gurugram-based household assistance startup Hulp has raised $2.6 million in a seed funding round led by Sparrow Capital and BITKRAFT Ventures. The company provides a concierge service blending AI automation with human assistants to manage diverse daily tasks. Hulp plans to use the capital to enhance its technology and expand operations from Delhi-NCR into five other major Indian metro cities over the next two years.".

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From a small room to a 100,000 sq m manufacturing powerhouse

Startups

D-Lyft, based in Rohtak, Haryana, has evolved from a small setup into a 100,000-square-metre manufacturing campus with over 400 employees. The company focuses on in-house precision engineering to reduce import dependence and export world-class products. Its operations span two main segments: event infrastructure and mobility, including bicycle frame manufacturing. By investing in automation and local talent, D-Lyft aims to strengthen its global presence and innovation.

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Source: inc42

Sarvam To Raise $74 Mn In Series B Extension From NVIDIA, Others

Business

AI unicorn Sarvam is raising an additional $74 million as part of its $300 million Series B funding round, with investments from NVIDIA, Glade Brook, Gaja Capital, and Indigo Ventures. Valued at $1.5 billion, the Bengaluru-based startup aims to build a sovereign AI ecosystem in India. Key initiatives include launching a trillion-parameter model, a new AI coding agent, and an India-hosted inference platform to ensure data residency.

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5 Lessons from The Anxious Generation by Jonathan Haidt

Startups

, social psychologist Jonathan Haidt argues that the shift toward phone-based childhoods has fueled a mental health crisis among youth. He contends that replacing real-world experiences and face-to-face interactions with social media has increased anxiety and loneliness. Haidt emphasizes that addressing these systemic issues requires collective action from parents, educators, and policymakers to restore resilience and foster healthier development for the next generation.

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Source: inc42

Meta’s Safe Harbour Under Threat As Parliamentary Panel Seeks Zuckerberg’s Apology

Business

Meta’s regulatory scrutiny in India has intensified after the Parliamentary Standing Committee on Communications and Information Technology sought an “unqualified.

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Freshworks beats revenue estimates, turns profitable in Q2

Startups

Freshworks reported a return to profitability in the second quarter of 2026, posting a net profit of $3.2 million. Revenue grew 16% to $237.4 million, driven by strong demand for its AI offerings, including the Freddy AI Copilot. The company also saw significant growth in high-value customers and expects full-year 2026 revenue between $963.5 million and $966.5 million, reflecting a consistent pattern of execution and growth.

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Source: inc42

Meta And WhatsApp’s Moderation Machines Have A Transparency Problem

Business

Numerous WhatsApp users in India recently faced sudden account reviews and bans, with some permanently locked out without clear explanations. While Meta acknowledged potential enforcement mistakes, experts and users criticized the platform's lack of transparency and ineffective grievance redressal. This incident intensifies existing regulatory scrutiny of Meta in India, highlighting broader concerns regarding the company's automated moderation systems and its accountability to users and policymakers.

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Insuretech startup InRisk Labs raises $27M in Series A

Startups

"Ahmedabad-based insuretech startup InRisk Labs has raised $27 million in a Series A funding round co-led by Bessemer Venture Partners and Northpoint Capital. The company plans to enhance its AI, underwriting, and catastrophe-modelling capabilities while expanding coverage for climate and natural catastrophe risks. The funding will also scale its subsidiary, EarthRe, a licensed reinsurer focusing on providing tailored solutions for India and the Global South.".

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Source: inc42

InRisk Labs Raises $27 Mn To Scale AI-Led Reinsurance Platform EarthRe

Business

GIFT City-based insurtech startup InRisk Labs has raised $27 Mn (about ₹256 Cr) in a Series A funding round co-led.

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Adiabatic Technologies raises Rs 8.3 crore to power robots and drones

Startups

Adiabatic Technologies has raised Rs 8.3 crore in seed funding led by Malpani Ventures and Avinya Ventures to scale its lithium-ion battery systems. The company specializes in custom battery packs and proprietary battery management systems for robotics, drones, and defense sectors. The capital will expand manufacturing capacity to 100 MWh annually and accelerate product development, focusing on high-performance engineering for demanding industrial environments across India.

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Source: inc42

The Devil In The Agent

Business

Imagine an AI agent at an Indian bank tasked with reconciling a failed transaction. In trying to complete the job,.

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MapmyIndia profit rises 8.6% to Rs 49.7 Cr in June quarter

Startups

CE Info Systems, operating as MapmyIndia, reported a consolidated profit of Rs 49.7 crore for the first quarter ended June 30, 2026, marking an 8.6% increase. Revenue grew 14.9% to Rs 139.7 crore. The company is expanding its AI-powered deep-tech geospatial and IoT capabilities. Additionally, Rohan Verma has been appointed as Joint Managing Director effective July 1, 2026, subject to shareholder approval.

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Source: inc42

Freshworks Turns Profitable In Q2, Revenue Up 16% YoY To $237.4 Mn

Business

Nasdaq-listed SaaS major Freshworks reported a net profit of $3.2 Mn in the second quarter ended June 30 (Q2 CY26).

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Apple India FY26 revenue grows 20% to near Rs 1 lakh Cr

Startups

Apple's revenue in India surged over 20% in FY26, nearly reaching Rs 1 lakh crore, driven by a 24% increase in iPhone shipments to 14 million units. This growth is attributed to expanded retail presence, local manufacturing, and flexible financing. While supply constraints and rising component costs may lead to price hikes, analysts view India as a critical growth market with significant long-term potential for Apple.

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SAIF Partners, Elevation Capital sells 2.3% stake in Paytm for Rs 2,038 Cr

Startups

"Private equity firms SAIF Partners and Elevation Capital sold a combined 2.33% stake in One 97 Communications, the owner of Paytm, for Rs 2,038 crore. The block deal involved 1.49 crore shares sold at an average price of Rs 1,367.80. Various domestic institutional investors and global firms purchased the shares. Following the transaction, One 97 Communications' shares closed nearly 1% lower at Rs 1,400 on the National Stock Exchange.".

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Why we hesitate: Seneca on courage and taking action

Startups

Discover how Seneca's timeless wisdom reveals that courage comes before confidence and why daring action makes difficult things easier.

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Source: inc42

Nykaa’s Q1 Snapshot, Klassroom Wraps Up IPO & More

Business

Nykaa reported a strong Q1 FY27, with net profits jumping three-fold to ₹79.8 crore and revenue rising 29%. Its fashion business turned EBITDA positive, while the company expanded its quick commerce reach. Other highlights include Klassroom's oversubscribed IPO, MapmyIndia's 6.3% profit growth, and Vaaree raising $6.8 million. Additionally, Mintoak acquired ICC Loyalty,.

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Nykaa net profit soars over 3X; VC funding remains modest

Startups

Former Swiggy and Zomato leaders launched Profound, an AI assistant startup. Nykaa reported a threefold profit increase to Rs 79.76 crore and is acquiring Aminu. Meanwhile, Nazara Technologies faced a net loss, and Indian VC funding dropped to $804 million in July. Other highlights include JioBlackRock's new Nifty 50 ETF, Amazon's $21-billion cloud investment in India, and Apple's legal battle with OpenAI over trade secrets.

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