Investing in India’s 43 million rural mini and nano enterprises could help the country unlock one of its biggest employment engines, says a new report. Agriculture continues to employ about 46% of the country’s workforce. However, it contributes to only a fifth of the national income, underscoring the need for alternativerural employment. Meanwhile, EV sales in India are at an all time high. According to Federation of Automobile Dealers Associations, nearly one in eight vehicles retailed now are electric. In July, EV sales hit amonthly recordof 3,27,901 units, growing at 66% over the same month last year, per aPTIreport. Electric passenger vehicle retail sales were up 83.13% at 32,928 units last month as against 17,981 units in July 2025, FADA added. Industry watchers say that the demand for EVs is so high that manufacturers are unable to keep up. Elsewhere,Wakefit, the omni-channel home and sleep solutions brand, is powering ahead. It began FY27 with higher revenue and improved profitability, supported by strong growth in its own sales channels, rapid retail expansion and better gross margins. Its growth has come amid volatile raw material costs. In today’s newsletter, we will talk about Here’s your trivia for today: What two-word Latin phrase means "the reverse order"? Product companies have had more investor interest than services firms as they scale non-linearly while services grow only as fast as they hire. However, Sathya Pramod, former Chief Financial Officer of Tally Solutions, believes AI-native services firms are about to change how investors place their bets. In a conversation with Shradha Sharma, Founder and CEO of YourStory and The Bharat Project, Pramod explained why he has rebranded his Bengaluru-based advisory firm KayEss Square as Northbound Advisors, and why he is preparing a larger fundraise to buy up smaller firms and serve them all with AI. Bhavish Aggarwal-led EV company Ola Electric Mobility narrowed its consolidated loss to Rs 336 crore in Q1 FY27, from Rs 428 crore a year earlier. Its revenue from operations declined 45% to Rs 455 crore in Q1 FY27 as compared to Rs 828 crore a year ago. What two-word Latin phrase means "the reverse order"? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.
