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.
TECHNOLOGY
AI Summit: 'I believe IT services will flourish if they deploy AI, be optimistic about India', says Zoho's Sridhar Vembu
According to Vembu, India has the momentum in AI adoption. “Today AI can write code really well,” he said, noting that this could significantly enhance productivity across industries.
BUSINESS
AI impact summit: 'Two kids in India can now compete with Salesforce,' says Replit CEO Amjad Masad
With the US becoming more restrictive on immigration, India is also the top choice for Replit's international expansion, Masad tells Moneycontrol
BUSINESS
Razorpay partners with AI coding firm Replit to localise payments for Indian users, developers
Integration will let Indian users to pay in rupees while allowing developers to monetise AI-built apps with UPI and cards
BUSINESS
Amagi Q3 profit zooms 4x to Rs 31 crore, revenue up 22%
The growth in profit and margins was driven by operating leverage and seasonal strength in advertising-linked monetisation.
BUSINESS
Freshworks revenue rises 16% to $838.8 million in 2025; AI momentum lifts Q4 growth to 14%
Nasdaq-listed SaaS firm reports $222.7 million Q4 revenue, turns GAAP profitable and guides up to $960 million revenue for FY26.
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
