Startup news and updates: daily roundup (February 4, 2026)
From PAC Cosmetics eyeing global expansion to HORIBA setting up research and development hub in India, YourStory brings you today’s headlines with the latest developments across sectors. Featured news These organisations are leading the fight against human trafficking The fight against human trafficking has transformed over the past decade, with organisations expanding beyond rescue operations to address root causes. Prevention, rehabilitation, and economic empowerment now form the core of anti-trafficking interventions, supported by legal aid, counselling, education, and livelihood programmes. Survivors are increasingly leading these efforts as peer mentors and change advocates.Social Story lists five organisations that stand at the forefront, integrating frontline response with long-term rehabilitation strategies.Read here. PAC Cosmetics eyes global expansion after building a bootstrapped beauty brand Founded in 2006, PAC Cosmetics started as a professional makeup tools supplier, later transforming into an omnichannel beauty brand expecting Rs 140-150 crore GMV in FY25 with 20-25% EBITDA margins.Director Bonish Jain, who joined in 2014, shifted the family-run company from professional-only to mass-premium consumer focus. The brand now operates across 140 retail locations with balanced online-offline sales."We want to build a brand that goes global from India," said Jain, announcing plans to enter Dubai, Nepal, and Sri Lanka markets.The bootstrapped company offers 350 SKUs… Read MoreYourStory RSS Feed
The new builders of Bharat — and the tech helping them...
In Bharat's e-commerce landscape, growth is unpredictable. An artisan in Jaipur may receive unexpected orders from Kerala, while a skincare brand in Indore can jump from 50 to 500 orders in a week. As online demand rises, the real challenges begin: managing inventory, navigating cash-on-delivery risks, handling returns, and engaging customers in tier II and III cities, just as in metros. That moment of transition, when ambition outpaces systems, is where many stories of Indian entrepreneurship are truly written.Shiprocket, India's leading end-to-end commerce enablement platform, has partnered with YourStory to launch 'A Brand New India: Powered by Shiprocket', a multi-episode series that goes deep into the journeys of entrepreneurs who are scaling fearlessly, failing forward, and building the future of Indian commerce from every corner of the country.Defining "A Brand New India"This isn't the India of metro-first startups or English-speaking boardrooms. The ‘New Bharat’ in this series represents founders building from tier II and tier III cities, where culture-rooted brands are finding national audiences. It includes enterprise operators managing thousands of daily orders across fragmented courier networks. And crucially, it's about the technology stack working behind the scenes: the checkout flows, the engagement automation, the ads platforms, and the shipping… Read MoreYourStory RSS Feed
Infosys Teams Up with Citizens for AI-First Banking Innovation Centre
‘I want you back’: Deepinder Goyal to ex-Zomato employees who wish...
Zomato Founder Deepinder Goyal, who recently stepped down as Group CEO and MD of parent entity Eternal, made a strong appeal to former employees Tuesday to rejoin the company, promising a "more organised" and "less chaotic" workplace.Eternal, renamed from Zomato last year, owns the Zomato and Blinkit brands. Blinkit CEO Albinder Dhindsa has succeeded Goyal as Eternal Group CEO.In a post on X (formerly Twitter), Goyal acknowledged past shortcomings while reaching out to those who left the company."I know that for many of you, Zomato didn't have the environment, or the leadership you needed at the time. But I know for sure, that you loved being at Zomato, and it is quite possible that you never felt like home anywhere else since you left," he said.Goyal revealed over 400 people at Eternal are currently in their second or third stints with the company.If you used to work at Zomato, whether you chose to move on, or I was the one who asked you to leave, this is for you.I know that for many of you, Zomato didn't have the environment, or the leadership you needed at the time. But I know for sure, that you loved being at Zomato,…— Deepinder… Read MoreYourStory RSS Feed
How Truemeds is Helping Millions of Chronic Patients Save on Medicines...
SpaceX Nears Tesla’s Market Value Following xAI Merger
The Whole Truth eyes public markets with new $51M Series D...
Protein bars maker The Whole Truth (TWT) has raised approximately $51 million in a Series D funding round led by Sofina and Sauce.vc, the company said on Wednesday.The capital infusion, which includes both primary and secondary funding, comes as the brand transitions toward a potential Initial Public Offering (IPO). Existing investors Peak XV Partners and Rainmatter Health also participated in the round, alongside new backer AYRA Ventures. Its early backers include Z47 (fka Matrix Partners India) and angels like Sriharsha Majety (Swiggy) and Jaydeep Burman (Rebel Foods). The latest round follows a significant Series C in early 2025 where TWT raised approximately $15.8 million at a valuation of over $250 million.The funding arrives amid a broader “proteinification” trend in India, as health-conscious consumers shift from traditional diets toward functional staples. According to recent industry data, over 70% of urban Indian diets are protein-deficient, driving a surge in demand for protein-enriched breads, batters, and snacks. TWT, has capitalised on this by expanding into "super-light" protein powders designed for non-traditional demographics like women and the elderly. Beyond powders, its product range includes protein bars, nut butters, and chocolates. TWT said it plans to use the proceeds to scale up in-house manufacturing, fund… Read MoreYourStory RSS Feed
Varaha Announces Series B Round of ~$45M
Fractal IPO: Price Band Set At INR 857-900
Varaha raises $20M in first tranche of Series B funding led...
Carbon removal project developer Varaha has raised $20 million as part of its larger $45 million Series B round, led by WestBridge Capital. RTP Global, one of the firm’s early backer, also joined the round with a pro-rata investment, along with Omnivore, who was one of its early-stage investors. The newly-raised funding will be used to help Varaha’s geographic expansion, strengthen its scientific and MRV (measurement, reporting, and verification) capabilities, and scale a new industrial partnership model that will look to extend its capabilities to global partners, said the company in a statement. Under the Varaha Industrial Partners Program (VIPP) the company will parter with industrial operators with gasification capabilities and access to sustainable biomass to help leverage Varaha’s MRV capabilities and carbon credit origination. The company said its VIPP is already operational, with projects underway involving a large cashew producer in West Africa, several agribusiness partners in India, and a major Indian steel company pursuing decarbonisation goals.Also ReadVaraha signs offtake agreement with Microsoft to remove over 100,000 tonnes of carbon dioxideThe Gurugram-based company develops carbon removal projects across fourth pathways, which includes biochar, afforestation, reforestation, and revegetation, regenerative agriculture, and enhanced rock weathering (ERW). This news comes weeks after… Read MoreYourStory RSS Feed


















