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HOMEGROWN AI FIRMS
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...- 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...
- The ET Startup Awards 2026 specialHappy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymake...
- 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...
- Qubo looks to on-device AI to widen smart home adoption in India: CEO Nikhil RajpalThe company claimed to have developed AI models that can identify people and detect potential threats on its smart cameras, some priced at ...
- View: India-China thaw faces major economic testsIndia and China are working to improve their diplomatic relations following past military tensions over border disputes. Recent measures in...
- Finland's Kone prepares sale of TK Elevator's European business to tackle antitrust concerns, sources sayKone intends to initiate the sale of most of TK Elevator's European operations this fall. This decision is aimed at addressing regulatory c...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- Ultraviolette's fresh funding; Bira 91 revival planUltraviolette has roped in Intel chief Lip-Bu Tan as an investor and advisor after a fresh capital raise. This and more in today’s ETtech T...
- Brahma AI raises $150m at $2b valuation in Multiples-led roundBrahma AI has successfully raised $150 million through preferred share issuance led by Multiples. This funding values the company at $2 bil...
- UPI charges from October 15; Activate’s maiden fundHappy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ETtech Morning Dispatch.
- India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...
- The next export story: A $50 billion prize India can't afford to missIndia’s telecom equipment exports remain small at about $0.6-1 billion a year, while imports are four to five times higher. A new NITI Aayo...
- Chinese visa impact hits Indian physical AI startupsBeijing's move to refuse visas to Indian executives is also impacting other sectors such as automotive parts and electronics, which have st...
- Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
- PEs trade big buyouts for founder-led and AI-driven nimble companiesSuch investments are focused on digital, AI-infrastructure and data services stack. Valuations are selectively improving with business deli...
- Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding roundSarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...
- Sarvam lines up full-stack AI strategy to take on OpenAI, AnthropicSarvam is building a complete AI stack to challenge global leaders. Their large language models will offer Indian language support at lower...
- HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
- China considers tighter export controls on AI models and chipsRegulators led by the China's Ministry of Commerce (MofCom) have been consulting leading domestic AI and chipmaking groups on how to prev...
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