Breaking news, insights & smart analysis on the business of technology, startups & the new economy in India, from the reporters at The Economic Times.

India
Joined February 2015
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🚨 ETtech #Top5 | @AnthropicAI IPO rocks Indian #IT; Why Walmart is in no hurry to list Flipkart Also in the letter: ■ Data protection body remains empty ■ Urban Company's QIP plans ■ Cert-In's rush for PHP patch economictimes.indiatimes.com…
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Paytm is targeting a one-third share of India's UPI consumer payments market, with founder Vijay Shekhar Sharma making customer acquisition a key management priority as the fintech company looks to accelerate growth while improving profitability.💸
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Congratulations to Pallavi Shrivastava on winning the title of ‘Woman Ahead’ at the ET Startup Awards 2026. Access to credit remains a major challenge for India’s small businesses. Pallavi Shrivastava is working to change that. After 15 years in SME financing, she co-founded Progcap to help underserved retailers access the funding they need to grow. Today, its data-driven lending platform serves businesses across supply chains nationwide, making finance more accessible. #ETStartupAwards #ETSA2026 #WomanAhead #Progcap #WomenEntrepreneurs #IndianStartups @pallavi_s @progcap @IDFCFIRSTBank @EdgeByTitan @TheLeelaHotels @Tracxn @EconomicTimes
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Some investors follow the market. Others have a knack for spotting winners early. Manu Chandra, founder of Sauce, has built his investment strategy around backing promising consumer brands before they become household names. His early bets on The Whole Truth, Mokobara and Innovist reflect the conviction behind that approach. The successful exit from Innovist to L’Oréal has further strengthened his track record, earning him the ‘Midas Touch’ award at the ET Startup Awards 2026. Congratulations to Manu Chandra on this well-deserved win! #ETStartupAwards #ETSA2026 #MidasTouch #ManuChandra #VentureCapital #IndianStartups @IDFCFIRSTBank @EdgeByTitan @TheLeelaHotels @Tracxn @EconomicTimes
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SVF II Ostrich (DE) LLC, an investment vehicle of the Japanese SoftBank Group, has sold 5.55 crore equity shares of Ola Electric Mobility through open-market transactions between January 6 and October 22 this year.💸
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Bengaluru-based AI firm Simplismart has raised $14 million in a round led by early-stage investment firm Dallas Venture Capital, with participation from chipmaker Nvidia.🤖
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🆕Rajesh Ambati, an Indian-origin software engineer at Apple, is set to become the vice president of engineering at the company. This promotion is part of Apple’s wider leadership transition under chief executive officer John Ternus.
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🚨Microsoft announced on October 26, that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India and the UK.
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📢Preventive healthcare startup Cent, cofounded by Practo founder Shashank ND, has raised $15 million in a funding round led by Blume Ventures and existing investor South Park Commons.
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💉🆕The race to cure disease is moving from traditional petri dishes to advanced neural networks. The world’s biggest drugmakers like Eli Lilly, Pfizer and AstraZeneca are now investing tens of billions of dollars into a high-stakes artifcial intelligence alliance.
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📢Artificial intelligence models are probabilistic, but robots operating in the physical world cannot be allowed to act unpredictably, particularly when working alongside humans, said Ashutosh Saxena, founder of physical AI startup TorqueAGI.
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The Palo Alto based physical AI startup counts Rackhouse Venture Capital and Trucks Venture Capital as early backers and has active collaborations with firms like Nvidia.
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