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4 August 2026 at 3:49 pm
Summary
This daily startup roundup features several key developments: Former Swiggy and Zomato executives launched AI startup Profound, raising $1.5 million in seed funding. Nazara Technologies reported a net loss of Rs 82.47 crore in Q1 FY27. Sorin Investments led a Rs 30 crore investment in agentic AI startup Kily. Anicut Capital and The Chennai Angels partnered to boost early-stage startup investments, and Dabur India collaborated with Accenture to expand AI adoption across its operations.
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