India registered over 55,000 DPIIT-recognised startups in FY26, the highest single-year addition since the Startup India programme launched in January 2016, bringing the cumulative count to 2.23 lakh ventures across all states and union territories. The cohort spans technology, healthcare, education, agritech, and manufacturing, and has collectively generated 23.36 lakh direct jobs since inception. Maharashtra, Karnataka, Uttar Pradesh, Delhi, and Gujarat lead in registered count and direct employment as of March 31, 2026. Government support mechanisms are scaling alongside the ecosystem. The Fund of Funds for Startups has deployed over Rs 7,000 crore to 135-plus AIFs, which have channelled Rs 26,900 crore into more than 1,420 startups. A successor vehicle, Startup India Fund of Funds 2.0, carries a Rs 10,000 crore corpus. The Seed Fund Scheme and Credit Guarantee Scheme cover earlier and later growth stages respectively. Two metrics signal deepening ecosystem maturity. Patent filings by startups jumped from 2,850 in FY25 to 4,480 in FY26, crossing 19,400 cumulative applications. On the demand side, startups on the Government e-Marketplace secured orders worth over Rs 19,000 crore in FY26, establishing public procurement as a material revenue channel. Gender inclusion also advanced, with 1.07 lakh startups, roughly 48 percent of all recognised ventures, carrying at least one woman director or partner.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
