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Learn startups the right way with daily funda’s of the startup world.

👉 Follow Startup Funda for regular insights.

25/08/2026

🚀 Startup India Tax Benefit

Eligible DPIIT-recognized startups can claim a 100% deduction on profits for 3 consecutive financial years out of their first 10 years, subject to applicable conditions and approval under Section 80-IAC of the Income Tax Act.

Key Highlights:
• 100% profit deduction
• Benefit for 3 consecutive financial years
• Available within the first 10 years of incorporation
• Helps reduce tax burden and support business reinvestment
• Subject to eligibility criteria and required approval

18/08/2026

Enord: Building Drones That Fly Beyond GPS

What happens when a drone has to operate where GPS fails? Delhi-based startup Enord, founded by Muhammad Anas and Zain Saeed, is building AI-powered drones designed to navigate, detect obstacles, and make real-time decisions without relying on GPS or internet connectivity.

Key Highlights:

* 100+ km range with the Altitude 100 VTOL drone
* GPS-denied navigation powered by onboard AI
* Up to 6 hours endurance
* AI-on-edge for real-time onboard data processing
* 1,000+ drones supplied to the Indian Army
* Supplies the Indian Air Force, Indian Navy & private enterprises
* ₹3.3 crore revenue achieved in FY26

From GPS-denied navigation to defence applications, Enord is building a new generation of autonomous drones for missions where conventional systems may struggle.

14/08/2026

FirstCry’s parent company, Brainbees Solutions, delivered a stronger Q1 FY27 performance, with net losses narrowing 35% YoY to ₹44 crore and operating revenue rising 13% to ₹2,106.2 crore. 🚀

Key Highlights:
📉 Net Loss: ₹44 Cr, down 35% YoY
📈 Operating Revenue: ₹2,106.2 Cr, up 13% YoY
🇮🇳 India Business: Revenue up 18% to ₹1,456 Cr
🌍 International Business: Revenue up 12% to ₹232.1 Cr
🏷️ GlobalBees: Added ₹424.3 Cr in revenue

The results mark Brainbees’ strongest top-line growth in five quarters.

12/08/2026

🚀 Yulu Raises $93 Mn in Series C to Expand EV Fleet

Electric mobility service provider Yulu has raised $93 Mn (about ₹887.5 Cr) in a Series C funding round led by GEF Capital Partners. The round comprises $63 Mn in equity and $30 Mn in debt.

The Bengaluru-based startup will use the fresh capital to quadruple its active fleet to 2 lakh EVs over the next two years, alongside expanding its service-hub network and deepening partnerships with enterprise customers.

As part of its expansion, Yulu plans to launch Yulu Express, a full-size, high-payload electric scooter designed for ecommerce logistics, bike taxis and express parcel delivery.

Founded in 2017, Yulu has built its business around shared electric two-wheelers and last-mile mobility, with gig workers from platforms including Swiggy, Zomato, Zepto and Blinkit now accounting for a significant portion of its revenue.

10/08/2026

🚀 Fueling the Growth of Technology Startups with SAMRIDH

The SAMRIDH Scheme, launched by the Government of India, supports technology and product-based startups with funding, accelerator support, mentorship and market access.

💡 Key Highlights:
✔️ Up to ₹40 lakh one-to-one matching funding support
✔️ Structured accelerator programs
✔️ Mentorship from industry experts
✔️ Support for product scaling & customer acquisition
✔️ Assistance in accessing enterprise and government markets
✔️ Networking opportunities with investors and ecosystem partners

The scheme aims to help promising technology startups build, scale and grow with the right financial and ecosystem support. 🇮🇳

🔗 Want to check the details? Visit the Government e-Marketplace (GeM):
(https://gem.gov.in/)

07/08/2026

India has successfully test-fired the Agni-4 Ballistic Missile from the Integrated Test Range (ITR), Chandipur, Odisha, marking another significant milestone in the country’s indigenous defence programme. Conducted under the Strategic Forces Command (SFC), the successful test validated all operational and technical parameters, reaffirming the missile’s reliability and operational readiness.

With a strike range of up to 4000 km, Agni-4 further strengthens India’s strategic deterrence and long-range defence capabilities. Congratulating the teams behind the successful mission, Defence Minister Rajnath Singh said, “I congratulate SFC and DRDO for this textbook mission launch which reaffirmed India’s commitment to defend the nation with state-of-the-art technologies.”

The successful launch highlights the continued efforts of Defence Research and Development Organisation (DRDO) and the Indian Armed Forces to advance indigenous defence technologies and enhance national security.

Key Highlights

🚀 Agni-4 Ballistic Missile successfully test-fired

📍 Launch conducted from ITR, Chandipur, Odisha

🎯 Range: Up to 4000 km

🛡️ Test carried out by the Strategic Forces Command (SFC)

✅ All operational and technical parameters successfully validated

🇮🇳 Strengthens India’s long-range strategic deterrence and defence preparedness

👏 Defence Minister Rajnath Singh hailed it as a “textbook mission launch”

06/08/2026

🚀 Protect your innovation without the high cost!

Under the Startup India Initiative, eligible DPIIT-recognized startups can claim an 80% rebate on patent filing fees, making it easier and more affordable to protect their innovations and intellectual property.

🔗 Learn more and check your eligibility: https://www.startupindia.gov.in/

🔑 Key Highlights:
✅ 80% rebate on patent filing fees
✅ Available for eligible DPIIT-recognized startups
✅ Reduces the cost of protecting innovations
✅ Encourages startups to secure their intellectual property
✅ Supports innovation and long-term business growth

05/08/2026

🚀 India is gearing up for a major milestone in private space technology.

Astrobase is preparing to unveil India’s first fully integrated 80-tonne Full-Flow Staged Combustion (FFSC) rocket engine—a propulsion system regarded as one of the most advanced in modern rocketry.

Powered by liquid oxygen (LOX) and methane, the indigenous engine is being developed to support the next generation of reusable launch vehicles. If successfully qualified, it would mark a significant step forward for India’s growing private space ecosystem and demonstrate the country’s capabilities in building world-class propulsion technology.

🔑 Key Highlights:

🚀 India’s first fully integrated 80-tonne FFSC rocket engine

⚙️ Advanced Full-Flow Staged Combustion (FFSC) propulsion cycle

🔥 Powered by high-efficiency LOX–Methane propellant

🛰️ Designed for next-generation reusable launch vehicles

🏭 Developed by Bengaluru-based Astrobase Space Technologies

🇮🇳 A major boost to India’s indigenous space technology ecosystem

India’s private space industry is no longer just participating in the global race—it’s building the technology to compete at the highest level.

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