Startup news and updates: daily roundup (August 11, 2026)

YourStory brings you today’s headlines with the latest developments across sectors.

Joel, Emma Rozada, M. Hultén founded Nexular, Mumbai 2023

Mumbai-based Nexular is building the connectivity layer for electric vehicles, giving manufacturers visibility into vehicles even after they leave the factory.

Founded in 2023 by Sweden-trained computer scientists Joel and Emma Rozada and mobility expert Matthias Hultén, the startup combines connected hardware, cloud software and an AI-powered intelligence layer. Its technology captures data such as vehicle location, battery health and speed, while allowing manufacturers to remotely manage vehicles.

The platform also gives OEMs dashboards for live tracking, service alerts and maintenance warnings, with data stored on private local servers to meet privacy and regulatory requirements.

Gaurav Mandlecha and Himanshu Goyal

Vecton AI, an AI transformation partner for financial institutions, has raised Rs 6 crore in a pre-seed round led by Zeropearl VC, with participation from several startup founders and operators. The company will use the funds to expand its enterprise-ready AI solutions and strengthen its Forward Deployed Engineer (FDE) model, which works closely with financial institutions to identify, build and deploy AI systems for real-world business challenges.

Founded by BITS Pilani alumni Himanshu Goyal and Gaurav Mandlecha, Vecton aims to bridge the gap between AI experimentation and production deployment. Its FDE-led approach embeds AI engineers with enterprise teams to address integration, scalability, governance and compliance challenges, with a focus on the banking, financial services and insurance (BFSI) sector.

Bengaluru-based medical technology company Ayati Devices has raised Rs 15 crore in a Pre-Series A round led by Inflexor Ventures, marking its first institutional investment. The company will use the funds to accelerate commercialisation of its diagnostic technologies for diabetic foot complications and peripheral vascular disease, expand in India and overseas, strengthen manufacturing, and invest in research, regulatory approvals, AI and talent.

Founded by Nishant Kathpal and incubated at IITB-SINE, Ayati Devices develops portable and affordable diagnostic tools aimed at taking preventive diabetic foot care beyond tertiary hospitals to primary care centres and diabetes clinics. Its portfolio includes Vibrasense for neuropathy screening, Vasosense for peripheral artery disease, Angiocam for tissue perfusion imaging, and PODIA Trolley, a pay-per-test screening station.

FreightFox, a full-stack Transportation Management System (TMS) and Control Tower platform, has raised Rs 5 crore in a strategic funding round led by HighLeaf, with participation from Accops Systems founder Vijender Yadav, Proteus Partners founder and operating partner Puru Gupta, and Aeravti Ventures.

The company aims to help enterprises turn fragmented logistics data into actionable insights as freight operations become increasingly digitised.

The fresh capital will be used to expand FreightFox’s enterprise sales and partner network across India. The company is now looking to build on its traction in road freight and extend its platform to more complex logistics operations.

Pune-based deeptech startup Aliment has raised a pre-seed round led by Kolkata-based VC fund Navam Capital to fund product development and expand commercial deployments. The startup is building Physical AI for food manufacturing, aiming to bridge the gap between what enterprise systems record and what actually happens on the factory floor.

Its Truth Machine is a compact edge-AI device that can be installed at workstations to capture production activity in real time. Combining multimodal AI with measurement systems, it guides operators, records deviations and creates a machine-attested sensory record for each batch from raw material to dispatch. The system integrates with existing ERP platforms and is designed to work across products and factories without custom model training.

Tata Consultancy Services (TCS) and Google Cloud have launched a new Gemini Experience Center (GEC) in Mexico City, the ninth globally and the second in Latin America. The centre will help organisations in the region adopt advanced AI capabilities and develop solutions focused on innovation, productivity and data-driven decision-making.

The facility features more than 3,000 industry- and context-aware AI agents built by TCS using Gemini Enterprise and designed to integrate with customer environments. Demonstrated applications include intelligent process assessment, fraud investigation for financial institutions, automated insurance claims processing and generative AI-powered data acceleration.

(This article will be updated with the latest news throughout the day.)