Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
Sarvam enters defence AI with projects across Army, Navy and Air ForceChanakya, Sarvam's firewalled division for national security and defence, will carry out the projects. The unit will use Sarvam's AI stack,...
Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCsMunjal cited companies such as Astrotalk, Airbound and Sarvam AI as examples of startups that have been able to raise capital and grow quic...
India needs AI that no one else can switch off: Andrew NgNg’s argument places “continued access” at the centre of the sovereignty debate. In his view, the country where a model was developed matte...
AI startup Simplismart in talks to raise $40-50 million; valuation may tripleSimplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially...
I’ll believe it when I see it: Figma boss on AI restraint calls“It’s a nice thing to say, and I’ll believe it when I see it,” the 33-year-old Field -- one of the youngest American billionaires --told ET...
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
Sarvam plans big fundraise; HCLTech's Q2 profit jumpsHappy Tuesday! Sarvam is in talks for a big round that could double its valuation to $3 billion. This and more in today’s ETtech Morning Di...
AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
ETSA 2026: Over a decade on, India's startup story is only getting startedThe 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecosystem that has moved beyond the ra...
ElevenLabs hears a global tune in Indian voice AI deploymentsElevenLabs, recently valued at $22 billion, is expanding its research, engineering, and deployment teams in the country, which is now its s...
The economics of India's biggest export industry goes topsy-turvyIndia’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level h...
Nikhil Kamath has a '100' funding message for startups: Zerodha co-founder backs post urging startups to raise enough money to stay comfortable for “a year or two” as “next year could be bad”Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to...
Former Elevation Capital partner Mayank Khanduja joins Silicon Valley VC Bessemer in IndiaKhanduja, who left Elevation Capital in January, will focus on early-stage investments at Bessemer, working with founders from their first ...
- Peak XV’s Surge programme selects 18 startups for 12th cohort after revamp
The new cohort announcement comes as the VC firm revamps Surge, bringing it closer to the firm’s broader early-stage investment practice an...
Sarvam AI updates vision model, doubles down on Indic-language pushSarvam launched the original vision model in February as part of its efforts to build homegrown, "sovereign" AI systems tailored to India. ...
Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...