Articles from economictimes.indiatimes.com

Articles from economictimes.indiatimes.com

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)
7 days ago 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)
19 days ago 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)
20 days ago 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)
21 days ago 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

Uber launches its B2B logistics service Uber Direct in India with ONDC integration, starting in Bengaluru with grocery deliveries for Zepto and KPN Farm Fresh (economictimes.indiatimes.com)
2025-12-11 India Uber Logistics

AI video startup Luma AI raised a $900M Series C led by Humain, sources say at a ~$4B valuation, and partners with Humain on a 2GW AI cluster in Saudi Arabia (economictimes.indiatimes.com)
2025-11-20 Startup AI Arabia Saudi Arabia

India officially notifies its first data protection law to establish a framework for data processing, protection, and governance, including verifiable consent (economictimes.indiatimes.com)
2025-11-14 India

Bengaluru-based digital lending startup Finnable raised about $28.19M in August 2025 co-led by Z47 and TVS Capital, bringing its total raised to about $60.9M (economictimes.indiatimes.com)
2025-11-11 Startup

Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO (economictimes.indiatimes.com)
2025-10-30 India IPO Walmart

Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground (economictimes.indiatimes.com)
2025-9-25 India Google

Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B (economictimes.indiatimes.com)
2025-9-24 India IPO

BofA Securities: Blinkit holds over 50% share of India's quick commerce market, as rivals Zepto and Instamart prioritize profitability over aggressive expansion (economictimes.indiatimes.com)
2025-9-24 India

Tracxn: funding for Indian digital lending startups fell to $462M between January and August 2025 from $1.1B a year earlier, after RBI tightened lending norms (economictimes.indiatimes.com)
2025-9-24 India Startup

Bengaluru-based FinBox, which provides B2B digital lending infrastructure, risk intelligence, and orchestration tools, raised a $40M Series B led by WestBridge (economictimes.indiatimes.com)
2025-9-17 Intelligence

Sensor Tower: as of July 2025, Rapido had 50M MAUs on Android in India vs. Uber's 30M; in the four-wheeler cab segment, Rapido holds ~30% share vs. Uber's ~50% (economictimes.indiatimes.com)
2025-9-11 Android India Uber Sensor

Uber is tapping Indian drivers for its data-labeling arm, Uber AI Solutions, offering extra income for completing micro tasks like tagging objects in photos (economictimes.indiatimes.com)
2025-9-4 India Uber AI

Xpheno: Meta, Amazon, Apple, Microsoft, Netflix, Google, and their affiliates grew their combined India headcount by 16% over the past year, adding 28K+ jobs (economictimes.indiatimes.com)
2025-8-7 India Google Amazon Microsoft Apple Netflix

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