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Nykaa net profit soars over 3X;
Omnichannel beauty and fashion retailer Nykaa has clocked a more than 3x rise in net profit and a 29% rise in revenue for the first quarter of the 2026-27 fiscal year, driven by overall demand. Meanwhile, VC funding in India’s startup ecosystem declined in July.
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economictimes.indiatimes.com
Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4 - The Economic Times
Former Swiggy and Zomato executives have launched Profound, an AI representative platform. This new startup has secured significant seed funding from prominent investors.…
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yourstory.com
Startup news and updates: daily roundup (August 4, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, August 4, 2026.
