Cloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual ...More

Cloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore valuation. The company, facing market headwinds for loss-making new-age firms, aims to relist next year if market conditions improve. This follows similar deferrals by PhonePe and Flipkart. ...Less

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over ...More

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational approach in the country. ...Less

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enf ...More

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no objection, allowing the e-commerce platform to settle alleged FEMA contraventions involving over Rs 45 crore with a one-time payment of Rs 2.88 lakh. This move aligns with the government's 'ease of doing business' initiative. ...Less

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with In ...More

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval. ...Less

HMD has launched the Vibe 2 5G in India, targeting budget-conscious buyers and first-time 5G users. This ...More

HMD has launched the Vibe 2 5G in India, targeting budget-conscious buyers and first-time 5G users. This new smartphone boasts a large 6,000mAh battery, a 120Hz display, and Android 16 with AI features, starting at ₹10,999. It aims to compete with established players in the entry-level 5G market. ...Less

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and ...More

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and forced add-ons affect millions of buyers each month. Despite awareness, many consumers are still misled. Platforms are now being assessed for these practices. ...Less

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s alread ...More

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers. ...Less

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s qu ...More

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more in today’s ETtech Morning Dispatch. ...Less

For the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared wi ...More

For the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order value of Rs 7,591 crore and Instamart’s Rs 5,674 crore, according to data compiled by ET from the DRHP. ...Less

India's younger consumers are embracing cold coffee as an everyday drink. Brands like Nestle, HUL, and Ta ...More

India's younger consumers are embracing cold coffee as an everyday drink. Brands like Nestle, HUL, and Tata Starbucks are expanding their offerings. Direct-to-consumer brands are also seeing significant growth. This trend is fueled by Gen Z preferences and the convenience of quick commerce. Cold coffee is moving beyond a summer indulgence to a year-round favorite. ...Less

South Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond tradit ...More

South Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semiconductors and robotics. The firm, which backs founders at the earliest stages, sees growing global investor appetite for hardtech due to policy support and maturing startups. SPC aims for at least half of its investments to be in deeptech. ...Less

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the R ...More

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition. ...Less

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, po ...More

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Growth Fund. This funding aims to expand its lending business in Southeast Asia, following strong performance in India. The move comes after a period of regulatory scrutiny and a shift from IPO plans to private capital. ...Less

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He ha ...More

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales. ...Less

Oyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its ...More

Oyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The company plans to raise ₹6,650 crore through this IPO. Oyo is expected to file its updated draft red herring prospectus in the coming weeks. This marks the company's third attempt to go public. ...Less

Hospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise R ...More

Hospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans to file an updated draft prospectus within two months, marking its third attempt to go public. This comes as other new-age companies reassess their IPO plans due to market volatility. ...Less

The quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapp ...More

The quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapples with daunting challenges. Companies are tasked with controlling soaring costs while navigating the complexities of labor and environmental issues. To thrive, they must pivot customer behaviors from merely seeking bargains to embracing spontaneous purchases. ...Less

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not dis ...More

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics. ...Less

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery serv ...More

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformative element of their operations in India. This rapid-response system not only exemplifies Flipkart's innovative spirit but also aligns with Walmart's broader strategy of strengthening its international investments. ...Less

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round le ...More

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, valuing the company at $255 million. The capital will fuel expansion into new cities, enhance supply chain and technology, and broaden product categories. ...Less

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market l ...More

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick commerce growth. The ecommerce giant plans to launch in over 100 cities with 1,000 dark stores, emphasising customer experience, wide selection, and speed to compete with rivals like Blinkit and Zepto. ...Less

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discou ...More

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenient EMI options that help travellers save more while enjoying seamless journeys. For example, BOBCARD users can get up to RS 8000 instant discount on domestic and international flights; claim up to 15% instant discount on flight and hotel bookings on MakeMyTrip. ...Less

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top ...More

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5. ...Less

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boost ...More

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profitability and its quick commerce offering, Flipkart Minutes, is scaling faster deliveries. This quick commerce push aligns with Walmart's global strategy to enhance ecommerce economics. ...Less

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs ...More

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity. ...Less

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term ...More

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status. ...Less

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtec ...More

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5. ...Less

Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkar ...More

Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive delivery speed and discount strategies. Swiggy's CEO believes this approach will retain loyal customers. This decision comes amid intense competition in India's fast-growing quick commerce sector. Investors are seeking a clear path to profitability for Swiggy's Instamart unit. ...Less

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when aut ...More

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes to close FY26 on a strong note. ...Less

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. ...More

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech Top 5. ...Less

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, dri ...More

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated the funding landscape, accounting for the majority of the capital deployed. ...Less

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and m ...More

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Dispatch. ...Less

Quick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant po ...More

Quick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FMCG companies. This shift captures impulse buys and premium product sales. However, operational costs and competition pose challenges. Brands must diversify their digital strategies beyond just ten-minute deliveries for long-term growth. ...Less

Autofurnish is poised for its stock market debut on Friday, with initial grey market signals suggesting a ...More

Autofurnish is poised for its stock market debut on Friday, with initial grey market signals suggesting a neutral investor sentiment. The automotive accessories manufacturer's IPO, which opened for subscription in late May, saw its shares priced at Rs 41. Proceeds from the Rs 14.6 crore issue are earmarked for working capital and general corporate needs. ...Less

Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor cauti ...More

Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition. ...Less

Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. Thi ...More

Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morning Dispatch. ...Less

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Eme ...More

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collections. Expect deals on apparel, footwear, accessories, and beauty. VIP access offers extra discounts. Hyper-speed delivery is available in select cities. Social commerce will drive discovery and styling inspiration. ...Less

A Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decis ...More

A Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decision impacts how companies advertise online. Established brands are set to benefit. Smaller companies may face challenges in gaining visibility. The ruling could reshape digital advertising strategies across various sectors in India. ...Less

Happy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fe ...More

Happy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s ETtech Morning Dispatch. ...Less

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission o ...More

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related to Amazon's 2019 investment in Future Coupons. The CCI had alleged that Amazon suppressed information during the approval process. This development follows a mutual settlement between Amazon and Future Group, leading to the withdrawal of all legal proceedings. ...Less

Sources said the company received approval for the new vehicle in early February and is expected to launc ...More

Sources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters. ...Less

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Product ...More

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted for 60-75% of their total online sales in FY26, rising sharply from less than half a year earlier. ...Less

Amazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. Thes ...More

Amazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. These devices, powered by AZ3 silicon and Omnisense sensing, aim for proactive smart home integration. ...Less

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. T ...More

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO). ...Less

People confined to indoors are increasingly turning to online platforms for purchases spanning daily esse ...More

People confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and consumer electronics. While this also means a heavier workload for delivery executives, the platforms said they are taking measures to help them cope with the weather. ...Less

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowde ...More

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issues. This decision follows similar postponements by other major tech firms, as Flipkart focuses on aggressive investment in its quick commerce arm, Flipkart Minutes, to drive growth amidst stagnating e-commerce expansion. ...Less

The Supreme Court has ruled against Flipkart India regarding its 'MarQ' electronics brand. The court foun ...More

The Supreme Court has ruled against Flipkart India regarding its 'MarQ' electronics brand. The court found the name too similar to Marc Enterprises' 'Marc' trademark. Flipkart must now stop using the 'MarQ' name and sell off existing stock within eight weeks. This decision follows a Delhi High Court order. Marc Enterprises has used its 'Marc' brand since 1981. ...Less

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 millio ...More

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 million round. ...Less

NIA investigation into the Red Fort car blast uncovers a disturbing use of artificial intelligence for te ...More

NIA investigation into the Red Fort car blast uncovers a disturbing use of artificial intelligence for terror engineering. Accused individuals allegedly developed and tested rocket Improvised Explosive Devices in Jammu and Kashmir. The probe details a meticulous approach to IED fabrication. This case highlights the evolving methods of terrorist groups. ...Less

Shiprocket introduces Appointment-Based Delivery for small businesses. Sellers are seeing reduced logisti ...More

Shiprocket introduces Appointment-Based Delivery for small businesses. Sellers are seeing reduced logistics costs and improved planning. This advancement makes enterprise-level logistics accessible to all sellers on Shiprocket. ...Less

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-p ...More

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite projected ecommerce growth. He believes third-party players will gain market share from first-party operators like Amazon and Flipkart due to cost efficiencies. ...Less

The case stems from an FIR registered by the Subramanyapura police in Bengaluru on February 4 based on a ...More

The case stems from an FIR registered by the Subramanyapura police in Bengaluru on February 4 based on a complaint filed by Bhavana Belagere on behalf of publisher Bhavana Prakashana under provisions of the Copyright Act, 1957. ...Less

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Sca ...More

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expand its product portfolio across its financial services and travel segments. With this new infusion the total funding raised by the startup has gone up to $135 million. ...Less

Autofurnish's SME IPO opens for subscription on Thursday. Grey market activity shows flat sentiment with ...More

Autofurnish's SME IPO opens for subscription on Thursday. Grey market activity shows flat sentiment with no premium expected. The company aims to raise Rs 14.6 crore through a fresh issue of shares. Autofurnish manufactures and trades automotive accessories for business-to-business and business-to-consumer segments. IPO proceeds will fund working capital and general corporate needs. SME IPO activity remains active. ...Less

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...More

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...Less

The platforms informed the regulator that listings of "Cyclosinone Herbicide" had been removed with immed ...More

The platforms informed the regulator that listings of "Cyclosinone Herbicide" had been removed with immediate effect and that seller accounts associated with such listings had been placed under scrutiny, the regulator said in a statement on Saturday. ...Less

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies ...More

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are seeking substantial funding. This rush signals a focus on convenience driving profitability. VCs are backing these ventures, aiming to capture the next big player in various niche markets. The trend shows a strong belief in the rapid delivery model. ...Less

India's direct selling sector is facing tough competition from online platforms. Consumers now expect fas ...More

India's direct selling sector is facing tough competition from online platforms. Consumers now expect faster delivery and convenience, similar to e-commerce. Despite this, the Indian direct selling industry grew 4 per cent in FY25. Wellness and nutraceuticals remain top sellers. Women's participation is also increasing. ...Less

Flipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has ...More

Flipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal Appellate Authority. The ruling found Flipkart's model to be a 'legal fiction,' not a genuine GTA service, emphasizing its organized logistics operations. ...Less

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad ...More

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressure on rider earnings due to fuel price rise came into focus on Saturday when gig workers held a nationwide strike to demand higher payouts and a revised incentive structure. ...Less

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalani ...More

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5. ...Less

Uber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynami ...More

Uber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company is investing in tech centres and a data centre partnership with Adani Group, while exploring logistics and local commerce opportunities. ...Less

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ...More

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5. ...Less

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure su ...More

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like PB Fintech, Mobikwik, and Paytm are pursuing multiple licenses across payments, lending, and wealth management. This strategic shift allows them to manage the entire customer lifecycle and capture greater revenue, driven by regulatory nudges and investor confidence in licensed operations. ...Less

Walmart CEO John Furner expressed strong confidence in India's quick commerce potential during his visit, ...More

Walmart CEO John Furner expressed strong confidence in India's quick commerce potential during his visit, highlighting Flipkart's aggressive expansion of its 10-minute grocery delivery service, 'Minutes'. This move aims to challenge established players like Blinkit and Zepto. Furner also emphasized Walmart's commitment to scaling manufacturing and exports from India, underscoring the country's growing importance in global supply chains. ...Less

Rising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to ...More

Rising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brands face pressure as inflation and a weakening rupee push consumers towards essential purchases, impacting discretionary spending and average order values. Companies are absorbing costs or planning price hikes up to 10%. ...Less

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and ...More

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch. ...Less

Flipkart, Amazon and Croma are currently offering major discounts on Apple’s latest iPhones, including th ...More

Flipkart, Amazon and Croma are currently offering major discounts on Apple’s latest iPhones, including the iPhone 17 Pro Max, iPhone Air and iPhone 16. Buyers can get price cuts of up to Rs 25,000 through direct discounts, bank offers, cashback deals and exchange bonuses. The ongoing sales have made premium iPhones more affordable for customers planning an upgrade this month. ...Less

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught ...More

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in today’s ETtech Morning Dispatch. ...Less

Walmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's econ ...More

Walmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportunities. Walmart has sourced $40 billion in goods from India. The company is expanding its digital commerce and payments sectors. Flipkart and PhonePe are planning public listings in India. Walmart is committed to increasing its presence in the country. ...Less

Mekr Technologies, a consumer appliance startup, has secured Rs 67 crore in funding. This capital will bo ...More

Mekr Technologies, a consumer appliance startup, has secured Rs 67 crore in funding. This capital will boost manufacturing capacity and expand exports of Indian-made home and kitchen appliances. The company aims to reduce import dependency by indigenizing product manufacturing. Mekr partners with major brands, handling design, engineering, and assembly. This investment supports R&D, supplier localization, and automation for global markets. ...Less

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to b ...More

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligence capabilities. India must own its intelligence future, not rent it. The nation's scale offers unique advantages for AI and energy infrastructure. AI will expand productivity and create jobs. Adani Group is investing heavily in energy transition and digital infrastructure. ...Less

India's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick com ...More

India's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick commerce players like Blinkit are leading the way. Quick service restaurants are seeing a recovery. Trent is favored over DMart in retail. The top picks for the next year are Eternal, Trent, and Nykaa, offering diverse investment opportunities. ...Less

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, ...More

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinkit. While Blinkit previously focused on premium customers, it's now recalibrating strategy amid rising competition. Amazon leverages its Prime membership for speed and selection, aiming to capture the same urban, high-frequency shopper. ...Less

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially m ...More

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations. ...Less

Honasa Consumer announced Yatish Bhargava's resignation as Chief Business Officer. He will leave the seni ...More

Honasa Consumer announced Yatish Bhargava's resignation as Chief Business Officer. He will leave the senior management team on May 15, 2026. Bhargava cited personal circumstances requiring immediate attention for his decision. The company has not yet named a successor for the role. This development marks a significant change for the company's leadership. ...Less

Sebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick ...More

Sebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthen its position against rivals while signaling renewed investor confidence in India’s internet and startup listing market. ...Less

Walmart has sourced over $40 billion in goods from India, highlighting the country's significant role in ...More

Walmart has sourced over $40 billion in goods from India, highlighting the country's significant role in global commerce. The retail giant is actively supporting Indian entrepreneurs and suppliers to enhance their capabilities and meet international standards. This initiative aims to boost exports and expand economic opportunities for businesses in India, connecting them with customers worldwide. ...Less

Skyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in ...More

Skyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5. ...Less

Adani Group's significant investment in green-powered data centers is driving substantial gains in its en ...More

Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market. ...Less

Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the v ...More

Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acquisition, the company is now focusing on merchants needing both online and offline payment solutions, rather than aggressive field team expansion. This strategic shift aligns with Razorpay's IPO preparations and a focus on a more profitable core business. ...Less

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imp ...More

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETtech Morning Dispatch. ...Less

Apna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrat ...More

Apna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into operations. The company is shifting its base from Bengaluru to Gurugram. Affected employees will receive severance packages. This restructuring aims to align teams with core markets. ...Less

Vivo's new X300 FE smartphone offers a compact design and strong telephoto camera capabilities. It aims f ...More

Vivo's new X300 FE smartphone offers a compact design and strong telephoto camera capabilities. It aims for a premium feel with a flagship chipset. ...Less

Flipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Cor ...More

Flipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development. Jadhav returns to Flipkart with extensive legal experience. Gupta joins from Reliance, bringing corporate development expertise. These appointments strengthen Flipkart's leadership as it prepares for its IPO. The company has made several other key leadership hires recently. ...Less

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomi ...More

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise significant capital. This trend is fuelled by the success of platforms like Groww, inspiring further investment in early-stage fintech startups aiming to democratise wealth management. ...Less

OnePlus Summer Sale (Google Trends): OnePlus has launched its Summer Sale starting May 8, featuring disco ...More

OnePlus Summer Sale (Google Trends): OnePlus has launched its Summer Sale starting May 8, featuring discounts on smartphones, tablets, and audio products. Significant price drops are available on the OnePlus 15 and 13 series, along with the new Nord 6. Offers extend to tablets like the OnePlus Pad 4 and audio devices, with bank deals and EMI options enhancing the savings. ...Less

Recode Studios' IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition ...More

Recode Studios' IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, priced between Rs 150-158, saw decent grey market sentiment with a 25% premium. The company, founded in 2021, offers over 350 products and plans to use IPO funds for expansion and marketing. ...Less

The Bonus Points earned during the Points Fest can significantly enhance members’ ability to redeem rewar ...More

The Bonus Points earned during the Points Fest can significantly enhance members’ ability to redeem rewards across Air India’s expanding domestic and international network. 2,00,000 Maharaja Points can get members, for example, up to 5 one-way Economy Class tickets between Mumbai and London Heathrow or up to 20 round-trips on prime domestic routes like the Delhi-Mumbai route. ...Less

Freshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5. ...More

Freshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5. ...Less

Indian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from ...More

Indian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from severe heatwaves. Companies are providing cooling gear, air-conditioned rest hubs, and health check-ups. Initiatives include specialized jackets, shaded rest points, and medical support. These efforts aim to safeguard the frontline workforce during the harsh summer months. ...Less

Artificial intelligence now drives Indian smartphone buying decisions. Nearly 89% of users consider AI fe ...More

Artificial intelligence now drives Indian smartphone buying decisions. Nearly 89% of users consider AI features important. Consumers are prioritising user experience over technical specifications. AI is becoming a standard expectation, even in mid-range phones. Affordability remains key, with many opting for EMI plans. Design and color also influence choices. This indicates a more informed and experience-led consumer base. ...Less

Amazon Now's quick commerce orders are experiencing 25% month-on-month growth, with Prime members triplin ...More

Amazon Now's quick commerce orders are experiencing 25% month-on-month growth, with Prime members tripling their shopping frequency. The company plans to expand the service to 100 cities, supported by over 1,000 micro-fulfillment centers, as part of a significant investment in Indian infrastructure. ...Less

The POCO X8 Pro Max focuses on delivering strong performance and battery life at a competitive mid-range ...More

The POCO X8 Pro Max focuses on delivering strong performance and battery life at a competitive mid-range price. It offers a powerful chipset, smooth display, and solid thermal management, making it especially appealing for gaming and heavy usage. However, its camera performance and cluttered software experience hold it back from being a well-rounded device. Overall, it’s a good choice for users who prioritise speed and endurance over camera quality and software polish. ...Less

POCO X8 Pro Max targets performance enthusiasts with its potent chipset and substantial battery, offering ...More

POCO X8 Pro Max targets performance enthusiasts with its potent chipset and substantial battery, offering flagship-like speed at a mid-range price. While excelling in gaming and heavy tasks with effective cooling, its camera and software experience present trade-offs. ...Less

In India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This an ...More

In India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5. ...Less

Flipkart’s quick commerce arm, Minutes, has elevated Kunal Gupta to Senior Vice President (SVP) from Vice ...More

Flipkart’s quick commerce arm, Minutes, has elevated Kunal Gupta to Senior Vice President (SVP) from Vice President (VP), according to an internal note seen by ET. ...Less

Indian smartphone buyers now focus on personal style and AI capabilities. Colourful phones and AI feature ...More

Indian smartphone buyers now focus on personal style and AI capabilities. Colourful phones and AI features significantly influence choices, especially for women, Gen Z, and Tier-II consumers. Value for money and brand trust remain key. Consumers are making more deliberate upgrade decisions, seeking integrated experiences and reliable performance across devices. ...Less

Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are o ...More

Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders working during peak heat hours. Demand for summer essentials like ice cream and fans is surging. Brands are increasing production and cold storage to meet this demand. ...Less