Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

SHOCKING: 3 | Mind Blowing Facts

Ola Electric files application to settle Sebi probe over false information allegations

Ola Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock prices. The company seeks an amicable closure without admitting guilt, following Sebi's notice regarding discrepancies in service network expansion, sales figures, and electric motorcycle rollout timelines.

The Economic Times

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

The Economic Times

Pocket FM begins reverse flip talks; eyes potential India IPO

Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans for a domestic public listing. This move follows rival Kuku Technologies' formal steps towards an IPO, intensifying focus on India's growing audio and mobile-first storytelling market.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Trackk enters broking as wealthtech startups chase Gen Z investors

Gen Z-focused investment platform Trackk is now venturing into broking, offering equity and F&O trading. Shifting from its previous sub-broker role, the platform aims to build its own financial infrastructure to better serve its young user base. Trackk targets 500,000 accounts in the next year, focusing on first-time investors.

The Economic Times

Do I Love A Doomsday Cast Member Talking About How Obsessed They Are With Being On Set With Robert Downey Jr? Yes, I Do

Who wouldn't?

Cinemablend

Amazon Now to launch 100 large fulfilment stores in key markets ahead of Prime Day

Amazon Now is launching 100 large fulfillment centers across major Indian cities, significantly expanding its product assortment beyond daily essentials to include electronics and other everyday items. This strategic move aims to deliver products in 10-20 minutes, bolstering its presence in the rapidly growing quick commerce sector ahead of its…

The Economic Times

South Park Commons backed Maya Research wants to build a voice interface that speaks like a local

Maya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural contexts, aiming to serve the next four to five billion internet users.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investors

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to Indian retail traders. Groww and Upstox obtained Global Access Provider (GAP) licenses, while Zerodha and Angel One became broker-dealers, enabling direct or indirect access to US stock markets.

The Economic Times

Hari Menon exits BigBasket; Sarvam cofounder on fresh funding

BigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.

The Economic Times

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes over

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive.

The Economic Times

Sarvam: When US slams the door, India begins to find its own opening

Sarvam AI’s rise to a $1.5 billion valuation after raising $234 million marks a major milestone for India’s push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropic’s most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

The Economic Times

ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofounders

In an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ventures, and Lightspeed among its backers — expects to be in a “constant cycle of building bigger models, raising more capital, and scaling up.” The company is also looking…

The Economic Times

Deeptech VC YourNest closes Rs 400 crore continuation fund

YourNest Venture Capital has launched a Rs 400 crore continuation fund, YourNest Continuum Fund I, anchored by HDFC AMC. This fund will invest in seven top-performing deeptech startups, providing liquidity to existing investors while enabling continued growth for companies like Miko and Exponent Energy towards future exits.

The Economic Times

Purplle pauses fundraising talks as founders bag Rs 90-100 crore stake

Beauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation of about Rs 11,300 crore. The company is focusing on its in-house brands and aggressive offline expansion, aiming for a valuation reflecting its rapid growth.

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Indian VCs turn to US AI startups in search of bigger returns

Indian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.

The Economic Times

IPO-bound Zetwerk’s FY26 operating revenue rises to Rs 15,900 crore: Crisil

IPO-bound Zetwerk anticipates a rise in operating income to Rs 15,900 crore in FY26, driven by strategic exits from non-core segments and reduced civil infrastructure exposure. Despite this growth, Crisil assigns an 'A-/negative' rating, citing risks from civil EPC business exits and weak profitability metrics.

The Economic Times

Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 crore

Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,000-6,000 crore. This move follows shareholder approval for a fresh issue and an offer-for-sale component, marking a significant step after its reverse flip to India.

The Economic Times

Razorpay confidentially files IPO papers with Sebi

Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Nukes, crude sanctions & frozen assets: Inside the 14-point US-Iran peace agreement

A draft agreement between Iran and the United States has reportedly surfaced. This framework could unlock 24 billion dollars in frozen Iranian assets. Sanctions on Iran's energy sector may be eased. The Strait of Hormuz could reopen. Broader negotiations are expected to follow this initial understanding.

The Economic Times

Jobseekers flood market after global tech layoff wave

A significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold increase in the past month. This influx of talent follows widespread global tech layoffs, intensifying competition in India's job market.

The Economic Times

US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage

US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This exclusion, particularly from Fable 5's coding capabilities, raises concerns about digital equity and strategic dependency, as Indian data contributed to the models'…

The Economic Times

Project Glasswing melts: US government suspends early access to Anthropic's Fable 5, Mythos 5 within days of rollout

India's brief access to advanced AI models from Anthropic has ended. A US government directive halted local access to Mythos 5 and Fable 5. This development signals a new AI export control regime. Governments now view frontier AI as strategic assets. India's engagement on technology policy faces new challenges.

The Economic Times

DLI-backed chip companies call for government procurement support

Indian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the need for procurement support to foster growth and maintain domestic ownership. Existing schemes have boosted design capabilities, but incentives for electronics makers to adopt Indian chips are lacking. Founders emphasize that capital…

The Economic Times

B Capital leads SolarSquare’s $50-55 million round at $500 million valuation

The latest round comes about 18 months after SolarSquare raised $40 million in a funding round led by Lightspeed. That round had also seen participation from Lightrock, Elevation Capital, Lowercarbon, Rainmatter and Gruhas Proptech.

The Economic Times

Former Paisabazaar CEO Naveen Kukreja looking to secure $9 million for new wealthtech bet

Former Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retail investors. The venture will focus on investment advisory, including emergency funds, insurance gaps, and asset allocation rebalancing, while also offering distribution services. This move enters a competitive market…

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.