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SARVAM CENTRE STAKE
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
- Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...
- Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- Framing the future: How the enduring legacy of India AI Impact Summit 2026 can power Viksit BharatFrom Union Minister Ashwini Vaishnaw’s 58,000 GPU expansion commitment to a Guinness World Record for validated pledges, from Reliance Chai...
- Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
- Digital lenders’ bond pivot; Cracking chip supply chainsHappy Friday! Digital lenders tap public bond markets to reduce reliance on traditional NBFC borrowing. This and more in today’s ETtech Mor...
- ET AI Conclave 2026; Apple's India payments playThe ET AI Conclave & Awards brought together over 250 founders, CXOs, policymakers and investors from leading Indian AI companies like Sarv...
- IndiaAI startups resist Centre’s plan to seek equity for supportThe Centre plans to hold discussions with the 12 companies approved under the IndiaAI Mission to build foundational artificial intelligence...
- AI in 2025: 25 milestones including mega deals, bubble fears, job cuts, talent wars and moreIn a transformative year, AI captured headlines with significant funding and elevated valuations for emerging startups. The existing tech b...
- From algorithms to unicorn ambitions: The AI scale blueprint for India’s startups to be unveiled at ET Soonicorns Summit 2025India boasts 121 unicorns, ranking third globally in startup ecosystems. The ET Soonicorns Summit 2025 in Bengaluru will explore AI's role ...
- Startups chase finserv companies seeking GenAI customer support use casesWith agentic AI, banks can solve a large part of their customers' basic queries by software, instead of dedicating teams with human agents....
- Going vocal with local on LLMs; and other top tech, startup stories this weekWhile tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geogr...
- Inside Juspay’s new biz plans; revised incentive scheme for chip ancillaries soonFintech startup Juspay is building a full-stack payment gateway that can offer card, wallet and UPI-based transactions. This and more in to...
- Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
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