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 .
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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.
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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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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 .
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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.
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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.
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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.
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India’s e-commerce enablement unicorn Shiprocket is set to make its public market debut with a ₹1,617.59 crore initial public offering (IPO) opening on August 12, 2026. The Gurugram-based company has fixed the price band at ₹92 to ₹97 per share, with the issue closing on August 14. At the upper end of the price band, Shiprocket is valued at approximately ₹7,057 crore.
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Artificial intelligence has become the defining investment theme of India’s startup ecosystem in 2026. After years of cautious experimentation, venture capital is now flowing steadily into AI-first startups, making them the centerpiece of the country’s innovation narrative. The data is unambiguous: Indian AI startups raised **$1.07 billion** in the first half of 2026, a 33% increase from $802 million a year earlier. For the whole of 2025, Indian AI startups had raised $1.6 billion.
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On a humid July morning in Lucknow, a team of scientists at Biotech Park watched their phones light up with notifications from investors across the country. The news spread fast: Arboreal Bioinnovations, the specialty food and nutraceutical ingredients startup they had built from scratch, had just closed one of the largest Series A rounds in India’s specialty food ingredients sector. The ₹230 crore ($24.09 million) investment, co-led by EAAA Alternatives (the alternatives arm of Edelweiss) and Omnivore, with continued backing from existing investor Rainmatter by Zerodha, wasn’t just a funding milestone—it was a signal.
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