BUSINESS
UPI set for full rollout in Qatar, says Indian ambassador Vipul
Full scale UPI rollout, $10 billion in investments and stronger startup collaborations mark a new chapter in India-Qatar relations, the Indian envoy has said
TECHNOLOGY
DeepSeek’s success shows India can compete in AI without massive capital: Cerebras CEO Andrew Feldman
When asked whether India should focus on developing massive foundation models or fine-tuning smaller, domain-specific models, Feldman stressed that the debate isn’t about scale but about purpose.
TECHNOLOGY
Scale AI founder Alexandr Wang warns US must win AI race amid rising China competition
Wang believes that AI development is heading toward a critical juncture where most countries and companies will have to decide between aligning with either the American or Chinese tech stacks.
TECHNOLOGY
India should be creating AI; evaluating locations to set up a data centre here: Cerebras CEO Andrew Feldman
Cerebras, known for its wafer-scale AI processors, sees India as a critical market due to its top-tier universities and highly skilled workforce.
TECHNOLOGY
India’s SaaS sector sees green shoots as AI drives investment surge in 2025
Startups such as SuperOps, Whatfix, and Atomicwork have successfully raised significant funding by integrating AI-driven capabilities, signaling a shift in investor preference.
BUSINESS
Qatar painted in AI hues as Web Summit 2025 kicks off
This year, the spotlight is on artificial intelligence. Generative AI, in particular, is expected to dominate conversations, with industry leaders likely to dissect its potential and pitfalls, at the four-day event
BUSINESS
Pune-based Sedemac Mechatronics, founded by an IIT Bombay Professor, plans Rs 800-crore IPO
Sources told Moneycontrol that the firm has clocked a revenue of Rs 650 crore and an Ebitda of Rs 120 crore in FY25.
BUSINESS
Rapido clocks million rides in three-wheeler segment, plans EV financing foray: co-founder Pavan Guntupalli
Guntupalli says the firm will enter EV financing through partnerships with banks and NBFCs to accelerate the adoption of electric vehicles in its fleet
BUSINESS
Freshworks sees 21% YoY revenue surge, projects up to $820 million in 2025
BUSINESS
Easing regulations, booming demand: Bike-taxis are back in demand
The revenue potential of India’s bike-taxi industry is estimated at $5 billion, according to the Ola Mobility Institute. Allied Market Research projects the sector to grow from $50.5 million in 2021 to $1.48 billion by 2030, at a CAGR of 48.5%.
BUSINESS
SaaS firm SuperOps raises $25 million in Series C round led by March Capital
SuperOps plans to use the new funding to expand its AI research and development.
BUSINESS
US court dismisses Deque Systems’ lawsuit against SaaS firm BrowserStack
US district court dismissed Deque’s lawsuit against BrowserStack over accessibility testing, citing insufficient evidence.
BUSINESS
Merchants left fuming after payment gateway firms try to work around Juspay
The most concerning aspect of recent events is that this goes against the open API and interoperability model of the Indian payments ecosystem
BUSINESS
Atomicwork raises $25 million in Series A round led by Khosla Ventures and Z47
Atomicwork plans to utilise the funding towards expanding its go-to-market efforts
BUSINESS
DeepSeek's LLM success triggers big debate: Is India's hesitation a strategic mistake?
The success of DeepSeek’s latest R1 LLM has sparked a debate of whether India is late in setting out to build its own foundational AI models, what the nation needs to do next, to remains self-reliant in computing systems.
BUSINESS
Juspay set to become first unicorn of 2025 with $150 million round
Juspay, founded by Vimal Kumar and Sheetal Lalwani in 2012, is the leading provider of payment orchestration software.
BUSINESS
Everstone Capital to acquire bootstrapped SaaS firm Wingify for $200 million
Wingify's global market presence spans the US, Canada, Europe, Australia, Germany, and the Netherlands
BUSINESS
Davos 2025: JSW Group to invest $50 billion in next 5 years to fuel expansion plans
Speaking to Moneycontrol in Davos, Parth Jindal confirmed that JSW Cement is poised to become the group’s fourth listed entity.
BUSINESS
Davos 2025: Simplifying taxes in Union Budget could boost consumption and investment, says RPG's Anant Goenka
Goenka also shared the group’s strategy to leverage key economic trends, including the 'China + 1' shift towards India
BUSINESS
Ati Motors raises $20 million led by Walden Catalyst Ventures and NGP Capital
The firm specializes in developing autonomous robots designed to enhance productivity in complex industrial environments.
BUSINESS
Davos 2025: ReNew to expand renewable energy capacity to 25GW by 2027, says CEO Sumant Sinha
In April 2024, ReNew said that the renewable energy assets of the firm crossed 10GW.
BUSINESS
MC Explainer: Why Razorpay, PhonePe & Cashfree Payments are cutting ties with third-party orchestration platforms
Take a closer look on whether this decision will reshape the dynamics of merchant payment integrations, affecting the ease of operations or if it will impact payment orchestrators in India.
BUSINESS
Davos 2025: Budget must spur growth in 3-6 months, not 10 years, says Bharat Forge's Amit Kalyani
Kalyani also said capital formation in the country is insufficient to meet the ambitious target of 7-8% growth
BUSINESS
ONDC, Ola, Magicpin to meet NRAI as row over Swiggy, Zomato's private-label practices escalates
The meeting comes on the heels of NRAI’s opposition to Zomato, Swiggy and others venturing into quick commerce food delivery through private-label brands
