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Startup news and updates: Daily roundup (August 31

Startup news and updates: Daily roundup (August 31, 2026)

· Funding · YourStory

Athletes continue to inspire with super human performance as government readies further investments,YourStorybrings you today’s headlines and the latest news across sectors. Shashruti Nakade has gone from winning swimming medals to becoming a para-triathlete ranked World No. 9. After narrowly missing the Paris Paralympics, she is now working towards qualifying for the LA 2028 Games. The National Investment and Infrastructure Fund Limited (NIIF), India's sovereign-anchored alternative asset manager has raised Rs 19,000 crore as the first close for its Rs 30,000 crore NIIF Infrastructure Fund II. The first close is anchored by the government of India and also saw participation from sovereign wealth funds, pension funds, insurance companies and leading Indian financial institutions. Food delivery aggregator Zomato on Monday announced a zero-tolerance policy on the sale of analogue dishes including analogue cheese, paneer or other dairy products by restaurants listed on its platform, saying it reserves the right to delist non-compliant restaurants. The government on Monday notified the Semicon 2.0 scheme, setting in motion the Rs 1,27,500-crore plan that seeks to deepen India's semiconductor ambitions--from chip manufacturing to a full-stack ecosystem encompassing indigenous design and IP, equipment, materials, advanced packaging, R&D and talent development. Healthcare quick-commerce supply chain platform DocPharma has raised $2 million in a Pre-Series A funding round led by Equentis. Existing investor 100Unicorns, along with Vinners and a consortium of strategic angel investors, also participated in the round. The company plans to use the fresh capital to build 100 new compliant and licensed dark stores, expand into newer cities and strengthen its infrastructure. DocPharma has developed a proprietary SaaS platform integrating warehouse management, inventory intelligence, order management and fulfillment into a single operating system for healthcare. The platform offers real-time inventory visibility, routes orders to the nearest compliant fulfilment centre and enables prescription-compliant processing. It serves e-pharmacies, insurers, hospitals, wellness and other platforms, enabling delivery of medicines and healthcare products in under 30 minutes. Cleantech startup YOGa Clean Air has raised Rs 20 crore in a funding round led by Info Edge Ventures, with participation from Zomato/Eternal founder Deepinder Goyal and Three Words Capital. The company plans to use the capital for expansion activities. Founded in 2010, YOGa has developed clean air bubble technology designed to filter incoming air and maintain a slightly higher pressure inside a space, preventing polluted air from entering. The system also manages carbon dioxide levels to keep indoor air fresh. YOGa’s products have been installed across homes, hospitals, schools, offices and gyms in 11 cities. Co-founder and CEO Sachin Panwar said the funding would help the company take its clean-air tec

Original source: YourStory
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