YourStorybrings you today’s headlines with the latest developments across sectors. Nasdaq-listed software-as-a-service (SaaS) company Freshworks has reported a return to profitability in the second quarter of 2026, with a 16% increase in revenue as demand for its artificial intelligence (AI) offerings continued to strengthen. The company posted a net profit of $3.2 million for the quarter, compared to a net loss of $1.7 million in the corresponding period last year. Revenue rose to $237.4 million in the April-June quarter from $204.7 million a year earlier. Ahmedabad headquartered insurtech startup InRisk Labs has raised $27 million in a Series A funding round co-led by Bessemer Venture Partners and Northpoint Capital. InRisk Labs will use the funds to deepen the group’s underwriting, actuarial, catastrophe-modelling and AI capabilities; expand its coverage across natural catastrophe and climate risk, as well as other non-life segments such as marine cargo and motor; and to accelerate development of parametric and structured reinsurance products. It will also utilise the capital to scale the operations of its subsidiary, EarthRe. Personal assistance platform Hulp has raised $2.6 million in a seed funding round led by Sparrow Capital and BITKRAFT Ventures, with participation from DeVC (Z47) and angel investors including PB Fintech Co-founder and Chairman Yashish Dahiya. The funding will support expansion of the company's AI workflows, strengthen technology, product and leadership teams, and scale operations across India. Founded by former PolicyBazaar executive Tarun Mathur, Neha Kulwal and Vishal Singh Khutel, Hulp combines AI with human personal assistants to help users manage everyday household and lifestyle tasks. The company currently operates in Delhi-NCR and plans to expand to six more cities. Consumer-to-consumer marketplace Vingo has raised Rs 10 crore, about $1.2 million, in a seed funding round led by IndiaQuotient, with participation from Inuka Capital and Credgenics Founder Rishabh Goel. The funds will be used to strengthen the platform, expand its trust infrastructure, study user behaviour, and support targeted marketing. Founded in 2026 by students from BITS Pilani and IIT Delhi, Vingo enables users to buy and sell pre-owned products through identity verification, community-led discovery, escrow-backed payments, and bidding. The platform currently operates in Bengaluru and plans to strengthen its position in India's growing re-commerce market. Finvolve and India Accelerator have invested Rs 6.5 crore in defence and dual-use technology startup Zoppler Systems to accelerate product development, expand engineering capabilities, strengthen field validation, and scale deployments. Zoppler develops indigenous RF (radio frequency) sensing products and a vendor-agnostic Edge AI-powered autonomy platform that detects, locates and classifies RF activity while enabling real-time decision-making across airborne, ground, naval, and future space
