Page 14 - Udisha Srivastav

Technology Development Board issues first call of proposal under RDI fund

The statutory body invited applications on a rolling basis in priority areas such as energy transition, AI, quantum computing, robotics and space

Scrapping of courier export cap brings cheer to logistics, ecom players

The scrapping of the Rs 10 lakh per-consignment cap on courier exports in the Union Budget 2026 is expected to ease bottlenecks for MSMEs and D2C startups and improve cross-border e-commerce economics

Peak XV Partners announces leadership changes, sharpens focus on AI

Venture capital firm Peak XV Partners has reshuffled senior leadership, promoted Abhishek Mohan as general partner, and renewed its strategic focus on artificial intelligence

Loop AI raises $14 mn in Series A funding round led by Nyca Partners

Enterprise AI platform Loop AI has raised $14 million in a Series A round led by Nyca Partners to expand its product suite and scale teams across the US and India

Union Budget 2026-27: Centre tops up RDI fund with ₹20,000 crore

The Centre has doubled down on its research and innovation push, adding Rs 20,000 crore to the RDI fund as officials aim to appoint more fund managers and speed up investments

Indian edtech firms step up expansion, driven by familiar demographics

As Byju's and Unacademy struggle, Indian edtech firms like upGrad, Simplilearn and BrightCHAMPS expand steadily across Southeast Asia and West Asia

Budget 2026 provides certainty amid global turmoil, says India Inc

Industry leaders say the Union Budget 2026-27 reinforces India's image as a stable economy, offering policy certainty, continuity and long-term growth signals at a time of heightened global volatility

India is indeed an oasis of macro stability: CEA V Anantha Nageswaran

CEA V Anantha Nageswaran says India can grow 6.8-7.2% in FY27 despite global uncertainty, citing domestic reforms, resilient consumption and strong fundamentals

Eruditus partners with foreign universities to set up campuses in India

Eruditus partners with seven global universities to launch campuses in India from 2026, offering internationally recognised degrees amid shifting student mobility trends

Google announces ₹85 crore grant to bring AI to Indian classrooms

Google pledges Rs 85 crore to Wadhwani AI to boost AI in education, support 75M students, and launch India's first AI-enabled university at CCSU

Republic Day boost: Ecom, qcom firms witness up to 25% uptick in sales

Ecom and qcom platforms clock up to 25% YoY sales growth as Republic Day deals, flash discounts and festive offers drive demand across metros and Tier-II+ cities

Defence tech hiring in India doubles to 7K in past 3 years: CIEL HR study

The study showed that growth has been consistent year-on-year rather than driven by short-term spikes, reflecting long-cycle modernisation and indigenisation programmes

IAN Alpha Fund invests ₹25 crore in D-Propulse to boost testing, R&D

D-Propulse is building an indigenous rotating detonation engine (RDE)-based propulsion system

Swiggy enables grocery, food delivery via ChatGPT, other AI tools

Swiggy now lets users order food, groceries and book restaurant tables directly via AI tools like ChatGPT and Gemini, using MCP integrations with cash-on-delivery payments

Qcom platform Blinkit introduces Bharat Yatra national common mobility card

Blinkit now delivers the Rs 50, zero-KYC Bharat Yatra NCMC card across major cities, making metro and bus travel easier with a single RuPay-powered mobility card

SpotDraft raises $8 mn from Qualcomm Ventures in Series B extension round

Funds to deepen AI capabilities and expand enterprise presence across key global markets

Myntra's Bansal, Flipkart's former exec Ranjan to launch edtech firm

Myntra co-founder Mukesh Bansal and ex-Google executive Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US

Nazara Tech CEO, others invest ₹12.25 crore in EV firm Hala Mobility

The company, which offers a wide range of electric vehicle (EV) options to rent, lease or buy, plans to use the funding to accelerate its growth plans

Eternal Q3 FY26 profit jumps 73% as quick commerce fuels revenue surge

Eternal, the parent of Zomato and Blinkit, reported a sharp jump in December-quarter profit and revenue, driven by strong growth in quick commerce and improving operating leverage across businesses

Deepinder Goyal steps down as Eternal Group CEO, Albinder Dhindsa to lead

Zomato and Blinkit parent Eternal has announced a leadership transition, with founder Deepinder Goyal stepping down as group CEO and Blinkit chief Albinder Dhindsa set to take charge from February 1