BUSINESS
Neobanking fintech FiMoney pivots to B2B, lays off staff in consumer business
Most neobanks have struggled to monetise their customers meaningfully by providing a concierge banking service
BUSINESS
Bengaluru EV startup River in talks for $80 million investment from A91 Partners, Claypond Capital and Elev8
This will be River's first fundraise where Indian investors take large positions. The company is being valued at around $200 million, sources told Moneycontrol.
TECHNOLOGY
Inside Sarvam AI’s rapid-fire launches ahead of the India AI Impact Summit
From live AI dubbing of the Union Budget to speech, vision, and state-backed compute infrastructure, Sarvam AI is rolling out a broad stack of products in the run-up to the India AI Impact Summit.
BUSINESS
Founders, investors gear up for a ‘SaaSocalypse’ as AI shakes up app-layer software
AI developer Anthropic's launch of a legal AI tool this week gave rise to fresh discussions around SaaS disruption
BUSINESS
India-US trade deal lifts sentiment for cross-border payment startups
Fintech firms serving exporters expect higher volumes once there is clarity on execution and regulations
BUSINESS
Ather Energy Q3 results: Net loss narrows to Rs 85 crore as revenue rises 50%
Revenue from operations rose 50% year-on-year to Rs 953.6 crore, compared with Rs 634.9 crore a year earlier
BUSINESS
Centre sets aside Rs 1,500 crore for PM E-DRIVE scheme in Budget 2026
The PM E-DRIVE scheme focuses on accelerating the adoption of electric vehicles (EVs) and strengthening supporting infrastructure, including charging facilities.
BUSINESS
Budget earmarks Rs 5,939 crore for auto PLI scheme
In the revised estimates for FY26, the government expects to spend Rs 2,091.26 crore under the scheme. The allocation for FY24–25 also stood at Rs 2,818.85 crore
BUSINESS
Budget 2026: FM proposes multilingual AI tool to integrate agri portals
The finance minister said the proposed AI-based platform will help reduce risks faced by farmers by offering timely and tailored information across stages of agricultural activity
BUSINESS
Centre to set up rare earth corridors in four states: FM Nirmala Sitharaman in Union Budget 2026
The proposed corridors will focus on strengthening domestic capabilities across the rare earth value chain, covering extraction, processing and manufacturing activities
BUSINESS
MoEngage receives NCLT nod for reverse merger ahead of potential IPO
NCLT has sanctioned the amalgamation of US parent into Indian entity, completing corporate restructuring
BUSINESS
India must attract experienced AI talent, start training early to build future-ready workforce, says Economic Survey
Hands-on exposure to frontier AI systems is critical for building a competitive talent base and training must begin early and cannot remain limited to postgraduate or specialised programmes, says the survey .
BUSINESS
GPU shortages, rising costs emerge as key risks to India’s AI compute ambitions, says Economic Survey
To analyse these risks, the Survey has proposed an Agent Based Modelling (ABM) framework, allowing financing, electricity grid capacity and access to hardware to interact through feedback loops.
BUSINESS
'Legacy players are bloated and expensive; we’re building the alternative:' Zoho’s Sridhar Vembu on ERP
Zoho enters the ERP market to take on SAP and Oracle, launching India-first software as Sridhar Vembu bets on affordability, rural tech hubs and long-term R&D.
BUSINESS
Rent payments make a comeback on payment apps, PhonePe stays out ahead of IPO
While some of the payment companies have restarted the rent payment with work-arounds and caution, IPO-bound PhonePe wants to stay away from any regulatory grey-area
BUSINESS
Zoho to take 'hub-and-spoke' model to Uttar Pradesh's small towns in 2026: Sridhar Vembu
The Uttar Pradesh move is expected to follow Zoho’s hub-and-spoke model, similar to its centres in smaller towns such as Tenkasi and Kumbakonam in Tamil Nadu.
TECHNOLOGY
Zoho launches AI-native ERP platform to target Indian enterprises
Zoho ERP integrates finance, supply chain, payroll and commerce with built-in compliance and native AI
STARTUP
Zoho to expand office in rural Tamil Nadu town, plans new campus with capacity for 2,000 employees
Expansion aligns with Zoho’s hub-and-spoke model to build technology talent in smaller towns
BUSINESS
Juspay raises $50 million from WestBridge Capital; turns unicorn with $1.2 billion valuation
Juspay stated that the funding round is a mix of primary and secondary transactions. The primary capital will be used to fund the startup's expansion across international markets.
TECHNOLOGY
PhonePe IPO: Walmart-backed firm’s UPI dominance, new riskier businesses and other risk factors from DRHP
In December, PhonePe processed close to 10 billion transactions worth over Rs 13.6 lakh crore through UPI platform
TECHNOLOGY
IPO-bound PhonePe's revenue rises 22% to Rs 3,918 crore, net loss widens to Rs 1,444 crore in H1FY26
Updated DRHP shows IPO to be a pure offer for sale with no fresh issue.
BUSINESS
India continues to be a global bright spot for growth, says Mahindra Group CEO Anish Shah at WEF 2026
In an interview to Moneycontrol Shah called for continuity in the Union Budget, saying recent budgets have laid a strong foundation for long-term growth with focus on capital expenditure, infrastructure and fiscal discipline
BUSINESS
Davos 2026: Mahindra electric three-wheeler business is almost ready for IPO, says CEO Anish Shah
Speaking on the sidelines of the World Economic Forum to Moneycontrol in Davos, Shah said the business has performed strongly in a highly competitive segment and has emerged as the market leader
BUSINESS
Davos 2026: Tariffs hurt competitiveness, Budget must cut cost of doing business and boost R&D: Bharat Forge MD Amit Kalyani
Bharat Forge chairman Amit Kalyani said rising tariffs are pushing up costs and hurting competitiveness, and called on the Union Budget to cut the cost of doing business and sharply increase support for research and development.
