Startup news and updates: daily roundup (July 1, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, July 1, 2026.
YourStory brings you today’s headlines with the latest developments across sectors.
Featured stories
Mom's Belief wants every parent to become a co-therapist
Founded by Nitin Bindlish, Mom's Belief is a for-profit social enterprise that provides intervention plans for children with neurodevelopmental disorders. After witnessing the fragmented nature of autism care and the lack of quality, accessible therapy, Bindlish built the organisation to offer multidisciplinary interventions through company-owned centres, online programmes, and preschool partnerships, making specialised support available to families across India.
At the heart of Mom's Belief is its parent-as-co-therapist model, which equips parents with the knowledge and skills to actively support their child's development beyond therapy sessions. Through structured training, home-based learning tools, behavioural coaching, and ongoing guidance, parents reinforce life skills during everyday routines, ensuring continuity of care and helping children make consistent developmental progress.
Atomgrid is betting big on speciality chemicals
Founded in 2023 by Siddharth Gupta and Lakshit Bansal, Bengaluru-based Atomgrid is an R&D-led speciality chemicals manufacturing platform focused on agrochemicals. After spending more than a year meeting manufacturers and customers across India, the founders identified an opportunity to build a technology-driven platform that combines research, manufacturing partnerships, and global distribution to tap into the trillion-dollar speciality chemicals market.
Atomgrid currently operates a 10,000-sq-ft R&D centre in Bengaluru, with a team of 20 scientists, and works with around 30 manufacturing partners, exporting to Southeast Asia, Africa, and Latin America. The startup has served more than 150 clients, tripled its revenue from FY25 to FY26, and plans to deepen its presence in international markets before expanding into developed regions such as Australia and Europe. In the long term, it aims to build global agrochemical brands while leveraging its asset-light manufacturing model and in-house R&D capabilities.
How Addverb built an intra-logistics business
Founded in 2016, Noida-based Addverb builds robotics and warehouse automation solutions for businesses. Over the past decade, the company has grown from a five-member team to an organisation with more than 1,000 employees, serving over 300 clients across 25 countries. It operates manufacturing facilities in Noida and Greater Noida and has expanded alongside India's fast-growing warehouse automation industry.
Initially focused on the retail and ecommerce sectors, Addverb has since diversified into industries including petrochemicals, electronics, FMCG, and new energy. Its portfolio has expanded from warehouse automation systems to automated guided vehicles, autonomous mobile robots, and humanoid robots powered by Physical AI. The company now generates about half of its revenue from international markets and aims to become one of the world's top five robotics companies while expanding its presence to 100 countries.
Funding news
Dovetail Capital raises Rs 100 Cr in Series A funding round
Dovetail Capital, an independent asset-servicing firm that provides fund administration, compliance, and investment infrastructure to institutional investors, has raised Rs 100 crore in a Series A funding round led by growth-stage investment firm Elev8 Venture Partners.
The round, comprising both primary and secondary investments, marks the Mumbai-based company's first institutional fundraise since its inception in 2017. The capital will be deployed to accelerate Dovetail Capital's global expansion as demand for independent financial infrastructure supporting cross-border investors rises.
Founded by Dev Sampat, Mahesh Shekdar, and Vivek Singhania, Dovetail Capital offers fund administration, derivative clearing, third-party fund management, investment advisory, and compliance services.
Other news
InsuranceDekho launches corporate arm
Insurtech platform InsuranceDekho has launched InsuranceDekho for Corporate, its dedicated corporate arm, marking the company's formal push into India's corporate and enterprise insurance market.
The company has elevated Ranjeet Singh, who previously served as the business head for retail at InsuranceDekho, to CEO of InsuranceDekho for Corporate. Singh brings over 25 years of experience in the insurance industry to the role.
InsuranceDekho for Corporate aims to go beyond the traditional, transaction-based broking model by acting as a long-term risk management partner for businesses. It will support companies throughout the insurance lifecycle—from risk assessment and policy placement to ongoing advisory services, policy endorsements, and dedicated claims assistance.
Startup Stairs Selects 16 startups for Startup League 2026
Startup Stairs, a Gurugram-based DPIIT-recognised startup incubator and NSDC International investee company, has selected 16 startups for the first cohort of Startup League 2026, its national startup acceleration programme. The initiative received more than 2,000 applications from across India, with the selected startups spanning sectors such as artificial intelligence, mobility, sustainability, logistics, cybersecurity, legal technology, retail innovation, and enterprise solutions.
The selection process involved several stages. From over 2,000 applications, 75 startups were shortlisted, and 28 finalists pitched their ideas before a panel of ecosystem experts. Based on factors including market potential, scalability, and founders' capabilities, 16 startups were selected for the inaugural acceleration cohort.
Razorpay partners with NPCI Bharat BillPay to launch netbanking solution
Razorpay has partnered with NPCI Bharat BillPay Limited (NBBL) to launch Banking Connect, a solution designed to modernise the netbanking experience for businesses and consumers.
Banking Connect offers businesses access to a wider network of banks through a single integration, eliminating the need for separate bank-by-bank connections. It also simplifies payment operations by streamlining settlements and reconciliation, reducing operational complexity. For consumers, Banking Connect introduces a mobile-first payment journey with banking app, intent-based, and QR code-enabled flows, making payments faster and removing the need to repeatedly enter netbanking credentials.
Trillionloans rebranded as BharatPe Capital
BharatPe has has rebranded its RBI-regulated NBFC, Trillionloans, as BharatPe Capital.
The transition strengthens the BharatPe Group's unique positioning in the country’s financial landscape as the only fintech holding an RBI-registered NBFC licence, a strategic stake in Unity Small Finance Bank and an online payment aggregator licence. With a loan book of over Rs. 1,750 crore, annual disbursements of Rs 3,500 crore, and a growth trajectory of nearly 30% YoY, BharatPe Capital continues to scale rapidly while adding nearly half a million new customers annually.
BharatPe Capital offers a comprehensive suite of technology-enabled credit solutions across merchant lending, MSME financing, supply chain finance, embedded finance, and consumer credit. Through a fully digital borrowing journey, the company continues to reduce turnaround times while maintaining rigorous underwriting and portfolio quality standards.
(This article will be updated with the latest news throughout the day.)