A Reddit user recently shared how a four-year-old startup he was working with shut down overnight, leaving 19 employees jobless. The person said, "We all got an unexpected email from the CEO...He told us...the company had completely run out of money. We wouldn’t be getting paid this month...the company was shutting down." "There was no warning...No bridge funding," he added.

Chai Bisket raised $5 million in seed funding led by InfoEdge Ventures and General Catalyst to launch Chai Shots, a mobile-first OTT platform for 2-minute regional microdramas. Angel investors, Rana Daggubati, Swiggy’s Sri Harsha Majety and Nandan Reddy, and Alakh Pandey of PhysicsWallah also joined the round. The platform is built by Sharath Chandra, Anurag Reddy, and Krishna Mohan Varma.

SEBI has removed the IPO papers of workspace operator WeWork India out of abeyance and is now processing the offer document. The removal of IPO papers from abeyance generally indicates that the regulator has completed all its review and is satisfied with the disclosures. The issue will be based on the offer-for-sale (OFS) component, with no fresh issue segment.

Electric vehicle (EV) sales in India rose YoY 28.6% to 1.8 lakh units in June, driven by "massive" jump in e-passenger vehicle volumes, Federation of Automobile Dealers Association (FADA) said. Electric passenger vehicle (e-PV) sales registered a YoY 79.95% increase in June from 7,323 units to 13,178 units. The e-PV share in overall EV market rose around 4.4% in June.

Analyst Gunjan Kumar flags CarTrade, CEAT, NTPC, and DLF for potential uptrends based on trendline breakouts and strong fundamentals. CarTrade and CEAT show bullish setups with key support at ₹1,649 and ₹3,604. NTPC eyes a breakout above ₹345, while DLF is reversing from ₹819 support. Traders advised to watch price action closely.

Kaveri Seeds may see a short-term rally as it holds key support around ₹1,150, says analyst Deepak Pal. The stock trades above key EMAs and has gained over 35% YTD. With strong fundamentals, Pal suggests a buy-on-dips approach with a ₹1,150 stop-loss. If momentum builds, KSCL could test ₹1,335-1,340 in the near term.

The cost of home-cooked vegetarian thalis declined by YoY 8% in June, and that of non-vegetarian thalis reduced by YoY 6%, Crisil reported. This comes due to a drop in vegetable prices, with tomato prices falling YoY 24% in June from ₹42/kg to ₹32/kg. An estimated 3% on-year decline in broiler prices contributed towards the decline in non-vegetarian thali cost.

Analyst Unite Tech says Wipro needs a close above ₹274 to confirm a breakout, after 9-day consolidation. The stock is testing key resistance, with ₹262 serving as support. Strong client base in BFSI (34.2%) and digital bets in cloud, AI, and GenAI add long-term promise. Over 40% of clients generate $1 million or more, but few top-tier accounts remain a growth lever.

Analysts ranked India's top jewellers after Q1 FY26. Senco led in same-store sales growth (19%) and diamond volume (+35%), while PNG Gadgil topped digital sales with 126% e-comm growth. Kalyan saw 31% growth in India revenue and a strong performance in ME and Titan's Tanishq/Mia grew 19%,with 22% growth from CaratLane. Analysts flagged sector upside despite a dip in FY24 exports.

Analyst Rohit Mehta explains the cup & handle chart pattern, calling it a bullish breakout setup seen on Nifty's weekly chart. The pattern shows recovery, pause, and breakout phases. A valid breakout requires volume surge and RSI confirmation. Mehta warns traders to watch for shallow handles and avoid false breakouts lacking volume.