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Startup & Tech Daily Digest: 3 Aug

The Indian startup and financial landscape is witnessing a dynamic shift today, marked by significant capital infusions in the EV sector, robust quarterly earnings, and evolving regulatory scrutiny across digital platforms.

RoadGrid

Rs 13 Cr Funding

The EV charging technology startup secured Rs 13 Cr in funding from the Technology Development Board (TDB). This capital will bolster their development of hardware, software, and energy management solutions, specifically their patented Universal EV Charger.

Avanse Financial Services

Q1 FY27 Profit Jumps 31% YoY to ₹154.3 Cr

The education-focused NBFC reported a strong start to the fiscal year, with profits climbing 31% year-on-year to reach ₹154.3 Cr. This growth highlights the sustained demand for specialized financial services within the education sector.

Aadhar Housing

No need to raise capital for four years

The housing finance company has announced a stable outlook, confirming it has no requirement to raise capital for the next four years. The firm is currently focused on scaling its operations into smaller towns and district centers.

1xBet

Brand visibility in India via sports broadcasts

The offshore betting and gambling platform has come under the spotlight for appearing on Indian sports broadcasts. This development is significant as it persists despite strict advertising restrictions currently in place for such platforms.

Market Commodities

Gold and Silver Prices Update

As of August 3, 2026, the market shows a positive trend with 24K gold rates rising to ₹1,43,890. Meanwhile, silver prices have reached ₹2,19,420, reflecting the latest shifts in the precious metals market.

US Funding Data

US Funding and Investors Data 2026

The latest weekly tracking report for 2026 provides a comprehensive overview of US funding trends. This data is essential for analysts tracking sector-specific capital flows and the activity of key investors in the global ecosystem.

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Topics

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

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