(opens original source in a new tab)YourStoryIndia’s top 300 family businesses valued at $1.46T, rivaling global economiesValued at $1.46 trillion, India’s top 300 family businesses could represent the world’s 18th-largest economy. Led by the Ambanis, they grew 27.5%, outperforming market indices. (opens original source in a new tab)11 August 2026
(opens original source in a new tab)YourStoryDeeptech startup Discovered Materials raises $9M in Seed roundDiscovered Materials in building AI agents to discover and accelerate the adoption of new materials for semiconductor chips. (opens original source in a new tab)11 August 2026
(opens original source in a new tab)YourStoryFlipkart expands Tamil Nadu footprint with focus on digital commerce, tech and supply chainThe company said nearly 70,000 sellers from Tamil Nadu are using its platform to access customers nationwide, with businesses ranging from Tiruppur's knitwear cluster and textile hubs in Erode and Salem to Kancheepuram's silk weavers and artisan communities in Thanjavur. (opens original source in a new tab)11 August 2026
(opens original source in a new tab)SmartCompany“Awfully suspicious”: Australian employee claims co-worker was using smart glasses at workThe use of smart glasses in Aussie workplaces is sparking debate online, as legal professionals urge employers to establish policies around the wearable technology. The post “Awfully suspicious”: Australian employee claims co-worker was using smart glasses at work appeared first on SmartCompany. (opens original source in a new tab)David Adams·11 August 2026
(opens original source in a new tab)YourStoryAI is changing cyber threats. Recovery is becoming just as important as preventionAt a Rubrik and YourStory roundtable in Bengaluru, engineering and cybersecurity leaders discussed how AI is expanding the attack surface, creating new security challenges, and shifting the focus from preventing breaches to recovering from them quickly. (opens original source in a new tab)11 August 2026
Startups (opens original source in a new tab)WamdaSaudi contech Fitting raises $1.1 million seed to fuel expansionSaudi Arabia-based construction technology platform Fitting has raised $1.1 million in its second Seed round, with participation from an undisclosed strategic investor from the contracting and real estate development sector. Founded in 2025 by Mohammed Al-Mubayed and Abdulaziz Almubayad, Fitting develops digital solutions to automate construction supply chains and streamline procurement between suppliers, contractors and real estate developers. The company will use the fresh capital to expand ac (opens original source in a new tab)11 August 2026
Startups (opens original source in a new tab)WamdaBahraini insurtech Soor secures pre-Seed investment from SpringBahrain-based insurtech startup Soor has secured an undisclosed pre-Seed investment from Spring, a venture studio and ecosystem builder backed by London-based Salica and Bahrain's Al Waha Fund of Funds. Founded in 2024 by Mahmood Dhaif and Qasim Albaqali, Soor operates a digital insurance platform that enables users to compare and purchase policies from multiple insurers through a single app. The startup is licensed by the Central Bank of Bahrain (CBB) and aims to simplify insurance purchasing b (opens original source in a new tab)11 August 2026
Startups (opens original source in a new tab)WamdaSaudi investment platform OORI secures CMA licence for arranging and advisingSaudi Arabia-based private markets investment platform OORI has received a licence from the Capital Market Authority (CMA) to conduct arranging and advising activities and is preparing to commence operations. Founded in 2023 by Elie Nasr and Naif Al Ajmi, OORI provides qualified investors in Saudi Arabia with regulated access to Shariah-compliant private market investment opportunities, initially targeting technology companies from pre-Seed through pre-IPO stages. The company raised a seven-figu (opens original source in a new tab)11 August 2026
Startups (opens original source in a new tab)WamdaUMAMI invests $1 million in new AI-powered learning platformEgypt-based edtech company UMAMI E-Learning Solutions has launched LOS (Learning Operating System), backed by a phased investment plan exceeding EGP 50 million ($1 million). Founded in 2019 by Ahmed Seif El-Din, UMAMI develops digital learning and workforce development solutions for governments, educational institutions and enterprises. LOS is designed as an AI-powered learning infrastructure that connects learning, skills, workforce readiness, performance and institutional decision-making withi (opens original source in a new tab)11 August 2026
Startups (opens original source in a new tab)WamdaSaudi game studio Majestic Mind Games raises $1.45 millionSaudi Arabia-based game development studio Majestic Mind Games has raised $1.45 million in a funding round co-led by Merak Capital and Impact46. Founded in 2023 by Lujain Albukhari and Majed Anbar and backed by NEOM, the Jeddah-based studio develops original video games primarily for PC, with selected titles expanding to console and mobile platforms. The fresh funding will support the development of new original titles as the company looks to build games for international markets and expand Saud (opens original source in a new tab)11 August 2026
(opens original source in a new tab)YourStoryHow Nexular is helping EV makers track and manage connected vehiclesBengaluru startup Nexular builds hardware, software, and AI tools that help EV makers track, manage, and monetise vehicles after sale. (opens original source in a new tab)11 August 2026
