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YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, October 26, 2026. Latest News Electric two-wheeler maker Ather Energy reported a consolidated net profit of Rs 1.26 crore in the second quarter of FY27, reversing a net loss of Rs 154 crore in the year-ago quarter. Revenue from operations rose 63% year-on-year (YoY) to Rs 1,464.24 crore in Q2 FY27, compared with Rs 898.88 crore a year earlier. Total income, including other income, increased 62% to Rs 1,526.95 crore. The company sold 93,211 electric two-wheelers during the quarter, up 42% YoY. Its operating performance improved alongside the growth in sales, with the company reporting a positive EBITDA for the quarter. Read More Funding NewsReplyAll raises Rs 9.7 crore in funding Wear brand ReplyAll has raised Rs 9.7 crore in a funding round led by Sadev Ventures and Atom XVII. The round also saw participation from ISV, represented by Jivraj Singh Sachar, and Long View Ventures, alongside continued participation from existing investors Sparrow and Antler, and a group of angel investors. The capital will support fabric research and development, product design, new categories, and the brand's retail and community presence. Founded by Rushabh Sanghavi in 2025, ReplyAll is building everyday performance wear for people whose lives move between work, travel, sport and everything in between. Bucketlistt raises seed round led by Kairon Capital Bucketlistt.com has raised Rs. 7.6 crore in a seed round led by Kairon Capital, with participation from Titan Capital, Divisa Family Office and Kunal Popat. Bucketlistt.com helps travellers discover and book verified travel experiences. The company, launched in Rishikesh in December 2025, is used to manage bookings, inventory, agents, payments and daily operations. The company was founded in 2025 by Shubham Makhecha (CA - All India Rank 36, ex-Accenture and PwC), Nitant Desai (CA, ex-PwC, trek leader) and Divyam Shah, a full-stack developer who leads technology. Other NewsSwiggy renews insurance policy for its delivery partners Swiggy has announced the renewal of its insurance programme for delivery partners with IndusInd General Insurance Company Ltd (formerly known as Reliance General Insurance Company Ltd). In FY26, more than 25 lakh delivery partners were covered under Swiggy's accident and health insurance programmes, said the company. Under the renewed insurance programme with IndusInd General Insurance, delivery partners will continue to receive accidental death cover of Rs 10,00,000, in-patient hospitalization cover of up to Rs 2,00,000, and family health coverage up to Rs 1,00,000. Additionally, maternity benefits are covered for all women delivery partners and the spouses of male delivery partners wherever family cover is applicable. During the previous policy period, 75% of maternity claims were availed by the spouses of delivery partners, while the remaining 25% were utilized by Swiggy's women delivery partners. Wow! Momo enters Sri Lanka, eyes UAE and US for QSR expansion Wow! Momo Foods will begin operations in Sri Lanka by the end of this year, while Wow! FMCG, which has already taken the Wow! brand into 14 countries, has identified the USA, Malaysia, Australia, Thailand and Canada as markets for the next 12 months. The Sri Lanka launch is led by Softlogic Corporation, a diversified Sri Lankan conglomerate with interests across healthcare, insurance, hospitality and retail, which Wow! Momo Foods has partnered with as its master franchisee. CheQ appoints Rupal Rajal as Head of Human Resources CheQ has appointed Rupal Rajal as Head of Human Resources (HR). With over 14 years of experience across fintech, technology, artificial intelligence (AI), Software-as-a-Service (SaaS), consulting and FMCG, Rupal brings extensive experience in building people functions, scaling organisations and aligning human resources strategies with business priorities. Rupal joins CheQ at a pivotal stage in the company’s growth as it continues to expand its presence across the consumer credit ecosystem. Having evolved from a credit card bill payment and rewards platform into a broader credit ecosystem spanning credit management, credit health insights, utility bill payments, AI-powered credit assistance through Wisor, lending solutions and UPI payments, CheQ is focused on strengthening its capabilities and delivering greater value to consumers. Ingram Micro India appoints Farhana Haque as Country Lead & Executive Director Ingram Micro India has appointed Farhana Haque as Country Lead & Executive Director, Platform Business, effective 21 October 2026. Based in Mumbai, Farhana will join the company’s India Executive Leadership Team. In her new role, Farhana will lead Ingram Micro India’s Platform Business, with a strategic focus on accelerating growth in the SMB segment through the company’s platform ecosystem. She will also oversee platform operations and customer success, with the objective of delivering a simpler, more seamless and digitally enabled experience across the partner journey. (This article will be updated with the latest news throughout the day.)
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