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Startup & Tech Daily Digest: 22 Jul

📅 22 July 2026 Source: VCDekho Original

India's startup and tech ecosystem delivered a strong set of signals today, spanning profitable growth milestones, fresh capital deployment, and bold product moves that underscore the market's forward momentum.

Aye Finance

Q1 Profit Jumps 144% YoY to ₹74.5 Cr

Aye Finance, the listed NBFC focused on delivering financial services and loans to micro and small enterprises, reported a remarkable 144% year-on-year surge in Q1 net profit, reaching ₹74.5 crore. The result underscores the growing appetite for formal credit access among India's underserved small business segment, a market that remains largely untapped by traditional banking institutions. For investors watching the MSME lending space, this performance positions Aye Finance as a compelling benchmark for profitability at scale in a high-potential vertical.

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Topics

#Daily Digest#Startup News#Tech Ecosystem#Funding#Venture Capital

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