BUSINESS
Many varied ways ARR is measured nowadays but cash collections are indisputable: Vinod Khosla backs AI portfolio company Emergent
Emergent had collected $8.3 million in actual cash revenues in March, CEO Mukund Jha told Moneycontrol, translating to an annualised revenue run rate (ARR) of $99.6 million. Those figures were in line with Emergent’s February announcement of reaching $100 million in ARR.
BUSINESS
TVS Motor leads EV two-wheeler market in March 2026; Ola Electric ranks fifth
According to registration data from the government’s Vahan portal, total electric two-wheeler registrations stood at 1,39,238 units during the month.
BUSINESS
Rocketlane raises $60 million in Series C round led by global software investor Insight Partners
The startup will deploy the fresh proceeds towards research and development, enterprise go-to-market efforts, and global expansion.
BUSINESS
Yubi eyes IPO by 2028, doubles down on international expansion
While India remains a key growth engine, Yubi has been steadily expanding overseas, including in West Asia and the US, founder and CEO Gaurav Kumar tells Moneycontrol
BUSINESS
Airbound's drone tech and centralised diagnostics to cut test costs by 50% for patients, says Narayana Health’s Devi Shetty
Earlier, samples were moved in three to four daily road batches, often delayed by traffic. The drone route now runs on demand with up to 20 flights a day, enabling a continuous flow of samples and faster turnaround times.
BUSINESS
Ola Electric to raise Rs 2,000 crore for its battery arm Ola Cell Technologies
The fundraise comes amid Ola Electric's efforts to restructure operations and shore up its balance sheet, as it tries to claw back market share and arrest the recent slide in the sale of its electric two wheelers.
BUSINESS
One in four top-end Mercedes cars sold in India now are EVs: Santosh Iyer, CEO and MD
: Mercedes-Benz India chief says there is rising EV adoption in luxury cars but warns price hikes and forex pressures could slow conversions
BUSINESS
Razorpay is not doing any R&D investment that is not AI-first, says CEO Harshil Mathur
The company recently launched AI Agent Studio, allowing businesses to deploy AI agents to automate tasks such as reconciliation, growth campaigns and payment recovery
BUSINESS
Iran war hits cross-border, travel card payments as bookings to UAE, Saudi drop
Industry players say the disruption is particularly acute in corridors linked to West Asia, which serves as a major aviation hub for Indians heading to Europe, the US and other long-haul destinations
BUSINESS
Rapido clocks nearly 74 million monthly users, races ahead of Uber and Ola
Rapido’s growth comes as the company expands beyond its initial bike-taxi offering into auto and cab rides across several cities.
BUSINESS
LPG price hikes worry ride-hailing drivers; unions warn of supply disruption, income hit
Global energy disruptions following the February 28 strikes on Iran raise concerns among gig workers dependent on LPG and CNG vehicles.
BUSINESS
B2B manufacturing startup Karkhana acquires Micron EMS, targets Rs 200 crore ARR by FY27
The Micron acquisition marks the startup’s first move to directly own shop-floor operations.
BUSINESS
Lost in transit: Indian founders and investors chart alternate routes home as West Asia tensions disrupt flights
As air routes reopen in phases amid regional tensions, startup founders and investors stuck in Dubai and nearby hubs weigh Oman road exits, delayed travel plans and a cautious wait-and-watch approach, even as business operations continue remotely.
TECHNOLOGY
Geopolitical risks and GPU arbitrage raise questions over IndiaAI Mission’s compute push
MeitY says there is no immediate sign of impact, but industry executives warn rising global chip prices could weaken incentives for firms to commit scarce GPUs to the national programme.
BUSINESS
Groww’s AI co-pilot in testing with up to 50,000 users, broader rollout likely in next 1–2 quarters: CEO
The company is positioning GR1 as a co-pilot that helps users analyse portfolios and surface insights within the app. However, Keshre stressed that it is not an advisory tool.
BUSINESS
Groww ramps up AI-led investing, pro trading offerings as user base reaches 16 million
The company also introduced native mobile charts, ETF screening tools, and multi-portfolio tracking features.
BUSINESS
TVS Motor leads electric two-wheeler market in February with 29% share; Ola slips to seventh position
Electric two-wheeler registrations cross 101,000 units in February as legacy OEMs tighten grip and Ola Electric falls behind rivals
BUSINESS
EV maker Raptee plans new plant in Tamil Nadu, begins deliveries of high-voltage T30 electric motorcycle
EV startup targets manufacturing expansion and market rollout as it bets on high-voltage architecture to tap India’s electric motorcycle opportunity
BUSINESS
Freshworks announces $400 million share buyback amid prolonged stock decline
Shares were trading at about $17.31 as of February 26, 2025, and it fell down drastically to around $7.93 a piece as of February 26, 2026.
BUSINESS
Why Mangaluru is emerging as the new tech ‘Plus One’ to Bengaluru
From ‘Back to Ooru’ founders to GCC expansions and a data centre push, India’s coastal city is positioning itself as a sustainable, high-productivity alternative to metro tech hubs.
BUSINESS
AI Summit: “Don’t slot India as a Small Language Model country”, says Sarvam cofounder Pratyush Kumar
Addressing earlier criticism, Kumar said skepticism was fair but stemmed from misunderstanding the company’s strategy. “You don’t suddenly start running. You crawl, you walk, and then you run,” he said.
BUSINESS
AI summit: "Govt's grant an important catalyst for Sarvam, don’t want to mindlessly train large models", says Cofounder Pratyush Kumar
At the Summit, Sarvam unveils Kaze smart glasses, plans to open-source LLM weights and scale foundational AI innovation
BUSINESS
Sarvam AI launches 30B and 105B models, says 105B outperforms DeepSeek R1 and Gemini Flash on key benchmarks
Startup unveils two mixture-of-experts LLMs trained from scratch as part of India’s sovereign AI push
BUSINESS
AI Summit: Adapting foreign models not enough, build your own, says 'Godfather of AI' Yoshua Bengio
Beyond geopolitical concerns, Bengio also criticised the commercial focus of leading AI labs.
