Startup Talky

Ultrahuman turned its first-ever profit in FY25, ₹73 crore, on revenue that jumped 5X to ₹565 crore from ₹105 crore the year before. That same year, a US patent ruling banned its Ring Air from its single largest market. Both things are true at once, and neither is the full story on its own. This is how Mohit Kumar and Vatsal Singhal, who had already sold one company to Zomato, built a smart ring and health-tech brand that got big enough to become a legal target.

Mokobara's revenue from operations doubled to ₹230 crore in FY25, up from ₹117 crore in FY24, which itself was more than double the ₹53 crore it made the year before. Behind that curve is a five-year-old Bengaluru company that was turned down by 33 investors before its first cheque came in, built by two people who had never sold a suitcase in their lives. This is the story of how Sangeet Agrawal and Navin Parwal turned a broken travel bag into one of India's fastest-growing D2C brands.

Ola Electric is expanding its retail network with additional wheels. As part of its transition to a partner-led retail model, the electric two-wheeler manufacturer has launched a network of dealer-operated stores in seven states. These states include Rajasthan, Tamil Nadu, Maharashtra, Bihar, Telangana, Uttar Pradesh, and Madhya Pradesh. The goal of the new stores is to increase sales of Ola scooters and motorbikes in the local area.

· Daily Indian Funding Roundup & Key News - 4 September 2026: Comet Raises ₹100 Crore, RentoMojo Sets IPO Price Band, and More Four funding rounds closed on 4 September 2026, spanning wearable health tech, sneakers, emergency healthcare and power electronics. Qualcomm Ventures, Verlinvest, Auxano Capital and Trivest Partners were among the day's lead investors. The headline raise is Ultrahuman's $70 million round to expand its health intelligence platform.

· Gold and Silver Prices in India Today, 4 September 2026: Gold at ₹155,290, Silver at ₹240,510 as Both Ease 24K gold is trading at ₹155,290 per 10 grams today, easing slightly after yesterday's strong rebound as some of that bounce gets given back through the session. Silver is also lower, slipping to ₹240,510 per kilogram despite still holding a gain for the week overall, a notable divergence from gold which remains down slightly over the same seven day period.

President William Ruto of Kenya has issued an order compelling Tata Chemicals to end its activities in Kenya. The business's activities did not help the African country, he remarked, expressing his dissatisfaction. Tata Chemicals released a statement after the Kenyan president's comment in which it claimed to have provided the Kenyan authorities with all of the requested documentation and information.

Meta has released Muse Spark 1.3, an update to its AI agents that focuses on enhancing coding, instruction-following, and long-running agentic processes.

With a capital investment of INR 1,800 crore, Aditya Birla Group has joined the wires and cables industry in India. Consequently, UltraTech Cement, a subsidiary of Ultravolt, will be launching the company under the Ultravolt brand. This is the group's fourth venture into uncharted business territory in the past three years. Jhagadia, in the Bharuch region of Gujarat, will house the company's manufacturing facility. They claim this site will facilitate logistics and distribution throughout India.

From Startup Ideas to Real Businesses: Jimmy James on Building the Next Generation of Founders India’s startup ecosystem has grown rapidly over the past decade, expanding from around 500 DPIIT-recognised startups in 2016 to more than 2.3 lakh by June 2026. This represents roughly 86% CAGR in the number of recognised startups over the period.

The import registrations of three Korean beauty brand importers, Skintl Enterprises Pvt. Ltd., have been revoked by India's highest medicines regulator. The action is taken following the discovery that the company stocked commodities without proper authorisation, rearranged its warehouse without proper regulatory clearance, and used inaccurate registration numbers on product labels.