August 2026 - StartUpPoint

BITS Pilani Leads India’s Deep-Tech Startup Wave, Surpassing IITs

The numbers paint a clear picture. Alumni of BITS Pilani have founded 140 deep-tech companies, placing the institution at the top of India’s deep-tech founder rankings .

E3 Electric.AI Launches Trion Scooter: India’s First AI-Powered Electric Two-Wheeler

Bengaluru-based deep-tech startup E3 Electric.AI has officially entered India’s passenger electric two-wheeler market with the launch of the Trion electric scooter. Priced from an introductory ₹99,999 (ex-showroom, Bengaluru), the company is positioning the Trion as India’s first AI-powered intelligent scooter, entering a market where rivals like Ather Energy and River have already established a presence .

Bengaluru’s Aule Space Is Building India’s In-Orbit Servicing Future

What if satellites could simply plug into a power bank instead of drifting away when they run out of fuel? That’s the idea driving a Bengaluru startup building “jetpack” satellites designed to latch onto ageing spacecraft, take over their propulsion duties and keep billion-dollar assets working years longer .

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Freshworks Beats Revenue Estimates, Turns Profitable in Q2 2026

India’s SaaS leadership on the global stage has received a strong validation. Freshworks, the Nasdaq-listed enterprise software company, has delivered a robust second-quarter performance, beating its own revenue estimates and achieving GAAP profitability months ahead of schedule .

India’s DeepTech Funding Surge: A Maturing Ecosystem

India’s deeptech ecosystem is witnessing a significant acceleration, with investors increasingly backing startups in AI, robotics, and critical infrastructure. This wave of funding signals a shift toward long-term, high-impact technologies that promise to reshape industries and strengthen India’s position in the global innovation landscape.

India Proposes BRICS Startup Innovation Fund and Incubator Network to Boost Cross-Border Collaboration

India has taken a significant step toward deepening entrepreneurship cooperation among emerging economies by proposing the creation of a BRICS Startup Innovation Fund and a BRICS Incubator Network . The proposal was unveiled at the 10th BRICS Industry Ministers’ Meeting in Jaipur on August 6, 2026, held under India’s 2026 BRICS chairship .

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Solinas Integrity Raises $5.5 Million to Fix India’s Invisible Infrastructure Crisis

Deep beneath India’s cities—hidden from view, rarely discussed, and often lethal—lies the country’s most neglected infrastructure: the underground networks of water pipes and sewers that keep urban life functioning. Solinas Integrity, an IIT Madras-incubated robotics startup, has raised $5.5 million in a Series A1 round to bring robotics and artificial intelligence to this invisible crisis .

The Customer Is King—And Karnataka’s Government Just Became One

In the high-stakes world of startups, one challenge looms larger than funding, talent, or even product-market fit: finding the first customer. For deep-tech ventures building one-of-a-kind technologies, the barrier is even steeper—conventional government tenders require prior experience, established turnover, and competitor benchmarks that simply do not exist for novel innovations.

Ex-Swiggy and Zomato Leaders Launch Profound with $1.5 Million

In a world where talent is abundant but meaningful connections are scarce, two of India’s most experienced product and technology leaders are building a solution. Former Swiggy executive Anuj Rathi and former Zomato CTO Prashant Parashar have launched Profound, an AI-native platform that gives every professional their own AI representative. The company has raised $1.5 million in seed funding from a stellar roster of technology founders and institutional investors, and opened early access to its first cohort.

Mitti Labs Raises $9.5 Million to Transform Rice Farming with AI and Satellite Technology

In a significant boost for climate-tech innovation in India, Bengaluru and New York-based deep-tech startup Mitti Labs has raised $9.5 million in a Series A funding round led by Aramco Ventures, the venture capital arm of Saudi Aramco. The round also saw participation from existing backer Lightspeed India, alongside new investors including Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle.