Articles from economictimes.indiatimes.com

Articles from economictimes.indiatimes.com

Apple Pay launches in India, letting eligible Axis Bank Visa and Mastercard credit cardholders add their cards to Apple Wallet on iPhone, iPad, and Apple Watch (economictimes.indiatimes.com)
20 days ago India iPhone Apple Credit Card Apple Pay iPad

Sources: Uber and Rapido discussed merging their India ride-hailing operations in May; talks collapsed after disagreements over the proposed deal's structure (economictimes.indiatimes.com)
2026-8-15 India Uber

Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 (economictimes.indiatimes.com)
2026-7-15 IPO 4Q

Anthropic says it is extending Claude Fable 5 access on all paid plans, as well as keeping Claude Code's weekly rate limits 50% higher, through July 19 (economictimes.indiatimes.com)
2026-7-13

Barcelona-based Theker, which is building AI-powered robots for industrial environments, raised $85M led by CRV, with Samsung, LVMH, and others participating (economictimes.indiatimes.com)
2026-6-12 Samsung AI Robot

Industry data: India's six largest IT companies grew combined revenue from $95.9B in FY23 to $103.1B in FY26, while headcount remained broadly steady at ~1.9M (economictimes.indiatimes.com)
2026-6-7 India

India-based Innefu Labs, which builds AI-powered software for national defense and enterprise security infrastructure, raised a $30M Series B led by Panthera (economictimes.indiatimes.com)
2026-6-5 India AI

UnearthInsight: Indian IT companies have spent $7.1B on acquisitions since the start of 2025 to gain clients, as AI-led pricing pressure weakens organic growth (economictimes.indiatimes.com)
2026-6-3 India AI

Analysis: the share of entry-level hiring in India's tech sector fell to ~15% in 2025 from 28% in 2024 as companies shifted focus to AI and automation roles (economictimes.indiatimes.com)
2026-5-27 India AI

Palo Alto Networks agrees to acquire Portkey, which develops AI gateway tech to manage and secure AI agents; sources say the deal values Portkey at $120M-$140M (economictimes.indiatimes.com)
2026-5-3 AI

Bengaluru-based stock trading platform Sahi raised a $33M Series B led by Accel at a $200M valuation to expand into margin trade funding, commodities, and more (economictimes.indiatimes.com)
2026-4-29 Commodity

Amazon says it plans to expand its Amazon Now quick commerce service to 100 Indian cities; the service is currently live in Delhi, Mumbai, and Bengaluru (economictimes.indiatimes.com)
2026-4-28 India Amazon

Staffing experts say India's IT sector is seeing a rise in replacement hiring as companies adapt to Gen Z staff leaving jobs faster than previous generations (economictimes.indiatimes.com)
2026-4-24 India

Sources say Ola's AI venture Krutrim's smart assistant Kruti is unavailable to users and the development of its Indian multilingual LLM, Krutrim 3, has stalled (economictimes.indiatimes.com)
2026-4-16 India AI

Y Combinator appears to have dropped Delve, removing the company's profile from its startup directory, following allegations of fake compliance certificates (economictimes.indiatimes.com)
2026-4-5 Startup Y Combinator

Noon, an AI-native product design tool, emerges from stealth with $44M in funding from Chemistry, First Round Capital, Scribble Ventures, and others (economictimes.indiatimes.com)
2026-4-3 AI

Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that has reportedly affected 30,000 staff worldwide (economictimes.indiatimes.com)
2026-4-2 India Oracle

Indian AI lab Lossfunk's prompting method lets LLMs generate Tulu language text without prior training; the method may expand to other low-resource languages (economictimes.indiatimes.com)
2026-3-11 India AI

Sage, whose AI tools scan for distress and alert caregivers in nursing homes, raised a $65M Series C, bringing its total funding to $124M (economictimes.indiatimes.com)
2026-3-6 AI

Mumbai-based digital payments processor BillDesk agrees to acquire the Indian business of Worldline for an equity value of ~$70M, set to close in H2 2026 (economictimes.indiatimes.com)
2026-2-26 India Equity

Bengaluru-based Stable Money, whose app lets users invest in fixed deposits and corporate bonds, raised $25M at a $175M valuation, taking total funding to $65M (economictimes.indiatimes.com)
2026-2-18

Yotta says it is investing $2B to deploy Nvidia's Blackwell B300 GPUs at its Noida data center campus in India to create one of Asia's largest AI superclusters (economictimes.indiatimes.com)
2026-2-18 India Asia AI Nvidia

Sources: top VC firms operating in India are expected to commit investments ranging from $300M to $500M each to India's AI ecosystem at the AI Impact Summit (economictimes.indiatimes.com)
2026-2-17 India AI

Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation (economictimes.indiatimes.com)
2026-1-23 Startup

India lacks specific policies or zoning regulations for overseeing quick commerce dark stores, which are projected to hit 5,000 to 5,500 by FY2026 end, per HSBC (economictimes.indiatimes.com)
2026-1-14 India HSBC

Mumbai-based Knight Fintech, which builds core infrastructure connecting banks, lenders, platforms, and borrowers, raised $23.6M led by Accel (economictimes.indiatimes.com)
2026-1-3 Fintech

Sources: Bengaluru-based quick grocery delivery startup Zepto confidentially files for a ~$1.3B India IPO; Zepto raised $450M at a $7B valuation in October 2025 (economictimes.indiatimes.com)
2025-12-28 India IPO Startup

Sources: India raises concerns about the misuse of Indian phone numbers on WhatsApp, which banned 9.8M Indian accounts per month on average in 2025 to October (economictimes.indiatimes.com)
2025-12-24 India WhatsApp

TeamLease Digital: Global Capability Centers in India have grown tech headcount to ~2M from 1.2M in 2022, rising 18%-27% YoY, compared to 4%-6% at IT companies (economictimes.indiatimes.com)
2025-12-17 India

Sources: Apple is in preliminary talks with India's CG Semi, which offers chip assembly and testing services, to assemble and package chips for the iPhone (economictimes.indiatimes.com)
2025-12-17 India iPhone Apple

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