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Bengaluru-based River Mobility closed a $120M Series C on 5 August 2026, co-led by Elev8 Venture Partners, to build a new 800K-vehicle annual capacity factory and launch two new scooter models.
Alibaba released Qwen3.8-Max on 3 August 2026 — a 2.4-trillion-parameter MoE with 95B active parameters, a 1M-token context window, and open weights planned for public release.
Ola Electric Q1 FY27 (7 Aug 2026): market share rebounded from 5.1% to 8.4%, deliveries nearly doubled to 39,192, and net loss narrowed to Rs 336 crore as Bharat Cell is deployed.
Meta released Muse Code in public beta on 5 August 2026 — a terminal coding agent for macOS and Linux powered by Muse Spark 1.2, priced at $1.25 per million input tokens.
DeepSeek released V4 Flash 0731 on 31 July 2026 — MIT-licensed 284B MoE, 1M token context, $0.14/M input — outperforming the larger V4-Pro on every published agentic benchmark.
BrowserStack launched Test Companion on 29 July 2026, embedding agentic AI testing in VS Code, JetBrains, Cursor, and Antigravity to cut test authoring and debug time by up to 4x.
InCred Finance posted Rs 172 crore net profit in Q1 FY27, up 82.3% year on year, with a Rs 14,809 crore loan book and 2% Gross NPA, ahead of parent InCred Holdings' upcoming IPO.
Shadowfax posted its highest-ever quarterly profit of Rs 65.4 crore in Q1 FY27 on 31 July 2026 — a 715% YoY surge — as revenue rose 65% to Rs 1,358 crore and FY27 guidance climbed to 38-40%.
On 31 July 2026, DeepSeek released V4-Flash-0731, a retrained build that outscored its own V4-Pro-Preview on all nine agent and coding benchmarks at a fraction of the API cost.
GitHub's July 2026 Copilot changelog (v1.127–v1.131) delivered a redesigned Agents window, Copilot Vision going GA, and BYOK model support extended to the full Agents window.
On 15 July 2026, India's Union Cabinet approved ISM 2.0 — a Rs 1,27,500 crore semiconductor mission across six pillars, targeting domestic chip design, fabs, and AI-grade silicon by 2038.
India's NSE filed its DRHP on 17 June 2026, ending a near-decade standstill, and began global roadshows as SEBI prepares to issue its observation letter for a Rs 30,000 crore IPO.
On 27 July 2026, Nvidia invested $5 billion in Safe Superintelligence and granted SSI preferred access to its Vera Rubin GPU platform, raising the lab's compute by an order of magnitude.
PhonePe's FY26 results show Rs 7,920 crore revenue — up 11.5% — but net losses widened 62% to Rs 2,792 crore as RBI removed MDR income and expenses rose 16% to Rs 10,589 crore.
Etched closed a $300M Series C at $10.3B on 23 July 2026, funding production of its Sohu ASIC chip — a transformer-only inference accelerator claiming 20x Nvidia H100 throughput.
Zetwerk raised ₹500 crore from Bharat Value Fund after SEBI's July 10 clearance, targeting a ₹4,200 crore IPO at a $4 billion valuation as India's contract manufacturing platform prepares to list.
On 23 July 2026, India's Parliament finance panel recommended crypto VDAs be governed through recognised SROs under SEBI or RBI — phased regulation before any new legislation.
InMobi appointed JPMorgan, Jefferies, Kotak Mahindra Capital, and Axis Capital on 21 July for a USD 1 billion India IPO — targeting a USD 5-6 billion valuation for India's first unicorn.
GitHub Code Quality became generally available on 20 July 2026 at $10 per committer per month, bringing quality gates that block pull request merges for 10,000+ enterprise teams.
VS Code 1.129 (15 July) and 1.129.1 (17 July 2026) introduce the Agent Host Protocol, moving Copilot, Claude, and Codex sessions to a dedicated background process that spans multiple editor windows.
The MCP 2026-07-28 RC — the biggest revision since launch — drops the protocol session layer, hardens OAuth with six new requirements, and adds MCP Apps and a Tasks extension for long-running work.
India's Union Cabinet approved ISM 2.0 on 15 July 2026 — ₹1.27 trillion ($13.21B) across six pillars: chip fabs, indigenous IP, semiconductor equipment, materials, R&D, and talent.
IBM and Red Hat launched Lightwell on 8 July 2026, delivering AI-remediated, signed open-source dependencies across 6,500+ Java and Python packages, backed by a $5 billion security commitment.
India's NPCI released Drunix on 17 June 2026, an open-source enterprise blockchain built as an enhanced Hyperledger Fabric fork for tokenisation, digital assets, and multi-organisation network deployments.
ByteDance's new Seedream 5.0 Pro reasons through prompts and searches the web before drawing, outputs editable PNG layers at 2K, and renders text in 14 languages.
An internal Meta memo reported by Reuters on 9 July 2026 confirms Iris enters mass production in September, part of a plan to double compute capacity from 7 to 14 gigawatts by 2027.
DPIIT doubled India's startup turnover cap to ₹200 crore, added a Deep Tech category with 20-year recognition, and published FoF 2.0 guidelines deploying ₹10,000 crore via SIDBI.
GitHub made Copilot Vision generally available on 1 July 2026 and added Kimi K2.7 Code from Moonshot AI as the first open-weight model in the Copilot picker, available across all plan tiers.
India's CG Semi OSAT chip plant in Sanand opened 4 July 2026 — a Rs 7,600 crore JV with Renesas and Stars Microelectronics targeting 4.7 billion units per year.
NVIDIA released Nemotron-Labs-Diffusion open weights on 10 July 2026 — a 3B–14B tri-mode model that acts as its own draft model, achieving 6.82 accepted tokens per step versus Eagle3's 2.75.
India's retail digital rupee fell 24% to Rs 771.7 crore by March 2026, yet the RBI is expanding CBDC welfare pilots and planning cross-border trials with Singapore and UAE.
TypeScript 7.0 released 8 July 2026 as a complete Go compiler rewrite, cutting Canva's time-to-first-editor-error from 58 seconds to 4.8 seconds and delivering 8x-12x build speedups.
India's $50 billion IPO pipeline — Jio, NSE, PhonePe, Zepto — faces disruption after Trump declared the Iran ceasefire over on 7 July, crashing Sensex 2.15% and forcing PhonePe to pause its IPO.
Meta launched Muse Image on 7 July 2026, deploying the Meta Superintelligence Labs model inside WhatsApp, Instagram, and Meta AI for text-to-image generation and photo editing at scale.
DeepSeek announced V4's official mid-July 2026 release with time-based API pricing — charges double during peak hours — as the legacy deepseek-chat model retires on 24 July.
Meituan open-sourced LongCat-2.0 on 30 June 2026 — a 1.6T MoE model trained on Chinese chips that scored 59.5 on SWE-bench Pro, beating GPT-5.5, under MIT licence.
Z.ai launched ZCode on 2 July 2026, a free desktop ADE on GLM-5.2 that inverts the IDE model, places the agent at the centre, and offers plans from $16.20 per month.
Figma Code Layers, opening beta in July 2026, lets teams clone a GitHub repo onto the design canvas, convert frames to live React code, and sync changes back — all in one multiplayer file.
Google launched Nano Banana 2 Lite on 30 June 2026: 4-second AI image generation at $0.034 per 1,000 images, available via the Gemini API as gemini-3.1-flash-lite-image.
Vercel Services entered public beta on 1 July 2026, letting teams deploy microservices, REST APIs, queues, and MCP servers in the same Vercel project as their frontend with atomic deployments.
India tech raised $7.2B in H1 2026, up 12% YoY, but deal count fell 43% to 652 — with CRED ($900M), Nxtra ($710M), and Neysa ($600M) accounting for 31% of all capital deployed.
AWS made the Bedrock AgentCore Harness generally available on 17 June 2026 — production AI agents from two API calls, isolated microVM sessions, and no separate harness fee.
On 23 June 2026, India's MoEngage acquired San Francisco-based Aampe in an all-cash deal, deploying a dedicated AI agent per customer via reinforcement learning at Swiggy-scale.
On 2 June 2026, Windsurf became Devin Desktop via OTA update, shifting to an Agent Command Center, adopting the open ACP protocol, and setting a Cascade end-of-life date of 1 July 2026.
On 22 June 2026, Meta invested $900 million in Indian fintech CRED for a 20% stake at a $4.5B valuation, naming CRED founder Kunal Shah as the new global head of WhatsApp.
GitHub made the Copilot Desktop App generally available on 17 June 2026, giving developers a dedicated surface for parallel AI agent orchestration across Windows, macOS, and Linux.
Snowflake CoCo scored 72.1% on ADE-Bench at Summit 2026 — beating Claude Code and Codex (65.1%) with 51% fewer tokens. A coding agent built for governed data.
India's DPDP Rules came into force November 2025. Phase 2 — the Consent Manager Framework with INR 250 crore penalties — activates on 13 November 2026.
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in stock on 16 June 2026, days after its historic Nasdaq IPO. Cursor's $2.6B ARR and Fortune 500 reach give xAI a top-tier coding product.
ONDC allotted shares worth ₹220 crore to Zoho, Uber, Paytm, and BSE Technologies in May 2026 as it launches ONDC 2.0 with DigiCatalog, AI-powered discovery, and agentic commerce.
OpenCode hit 160,000 GitHub stars and 7.5 million monthly active developers in its first year, topping LogRocket's June 2026 AI dev tool rankings. Here's why it matters.
Salesforce's Summer '26 release landed on 15 June 2026 with multi-agent orchestration, Slack-first AI workflows, and Tableau MCP. Here is what it means in practice for teams already running on Salesforce.
Google's Gemma 4 12B scores 77.5% on AIME 2026 under Apache 2.0, runs on a 16GB laptop, and gives teams a self-hostable multimodal model with no licensing strings attached.
Reve 2.0 debuted at number two on the Arena text-to-image leaderboard with a layout-first architecture that solves the one problem every design and e-commerce team has hit: accurate text inside AI-generated images.
MiniMax M3 scored 59.0% on SWE-Bench Pro, surpassing GPT-5.5 and Gemini 3.1 Pro, at roughly $0.53 per million tokens — and it is open-weight with a 1M-token context window and native multimodality.
Mistral AI has rebranded Le Chat as Vibe, a unified enterprise agent platform with Work Mode and Code Mode. Here is what product teams and founders need to weigh before choosing an autonomous-agent stack.
Off-the-shelf solutions can only take you so far. Here's why custom software is the competitive edge Indian startups need.