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Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.- Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
- The Wedding Company raises $2.75 million in seed fundingThe Wedding Company, a tech-driven wedding platform, secured $2.75 million in seed funding to enhance its services and expand its vendor ne...
- Spacetech firm Agnikul eyes $50-75 million at flat $500 million valueSpacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, ...
- Paperwork causing AI mission lag as startups flag funding, IP concernsIndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is p...
- Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
- Industrial AI startup Intellithink raises Rs 17 crore in round led by Pentathlon VenturesAnicut Capital and Veltis Capital participated in the round. The Bengaluru-based industrial AI startup serves over 50 enterprises, includin...
- ET GenAI Hackathon 2026 enters final stage as jury set to evaluate top AI prototypesThe ET Gen AI Hackathon 2026 enters its final stage with a distinguished jury panel set to evaluate high-impact AI prototypes built to solv...
- ET AI Hackathon 2026 enters final build sprint ahead of prototype submissionsWith just days left until submissions close on March 29, the ET AI Hackathon 2026 enters its most decisive stretch. Shortlisted teams are n...
- ET AI Hackathon 2026 enters prototype stage, where ideas meet their hardest testThe ET AI Hackathon 2026 moves into its prototype development phase following the announcement of Phase 1 results. With participation from ...
- ET GenAI Hackathon 2026: Phase 1 results out, prototype stage beginsThe ET GenAI Hackathon 2026 has announced the results of its Idea Submission phase, with the shortlist finalised after evaluating entries f...
- From scale to structure: The ET Gen AI Hackathon and India’s next phase of AIThe ET Gen AI Hackathon is emerging as a defining AI hackathon in India, bringing together 55,000+ participants in a structured, three-phas...
- From prototype to proof: The ET Gen AI Hackathon’s real-world mandateAs India’s AI ecosystem shifts from experimentation to execution, ET Gen AI Hackathon stands as a national platform built to test real-worl...
- ET GenAI Hackathon names industry leaders to Its juryThe ET GenAI Hackathon is strengthening its evaluation framework by bringing industry-grade leadership into its jury panel. With a focus on...
- 'Missing context' big challenge for scaling AI in India: Uniphore cofounder Ravi SaraogiUniphore achieved the unicorn tag in 2022 and closed a $260 million funding round in 2025 from US chip majors Nvidia, AMD, cloud data stora...
- PM Modi tells IndiaAI startups to showcase local AI use cases at February summitThe PM held a closed-door meeting at his residence on January 8 with about a dozen founders from the IndiaAI Mission cohort. Union IT minis...
- Eight firms selected for incentives to develop foundational AI modelsAnnouncing the names, electronics and information technology minister Ashwini Vaishnaw also said that administrative rules under the Digita...
- Bengaluru-based QpiAI raises $32 million by Avataar Ventures and NQMQpiAI, an integrated AI and quantum solutions company based in Bengaluru, secured $32 million in funding led by Avataar Ventures and the Na...
- Spatial discovery platform Avataar raises $45 million from Tiger Global, SequoiaThis is one of the largest fundraising rounds in the applied 3D and artificial reality space, the company said.
- Avataar.Me ropes in Mayank Tiwari as Partner & CBOTiwari will lead on-ground teams in San Francisco and Delhi and will be responsible for leading the expansion of the company’s global busin...
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