Page 3 - Udisha Srivastav

Gig hiring likely to surge in 2026 as qcom, ecom expand beyond metros

E-commerce and quick commerce platforms are set to add nearly a million gig workers in 2026, driven by last-mile delivery demand and rapid expansion of dark stores in non-metro cities

Uber, Rapido, Ola, and Porter drivers plan nationwide strike on Saturday

Some of the drivers' demands include government-notified minimum base fares for ride-hailing platforms, decided in consultation with drivers

Rapido's food delivery service Ownly goes live across Bengaluru

The newly launched platform operates on a zero-commission model and does not charge any fee from restaurants, but only a standard delivery fee based on distance from customers

Bharat Taxi drives into competition lane with cooperative model

The government-backed cooperative ride-hailing service Bharat Taxi has launched in NCR and Gujarat, onboarding 2.5 lakh drivers with a zero-commission, no-surge model

Govt rolls out startup status for deeptechs, extends recognition to 20 yrs

The government has formally recognised deeptech startups, extending Startup India benefits to 20 years and raising the turnover limit to Rs 300 crore

Edtech company PhysicsWallah Q3 net profit rises 33% to ₹102 crore

The company's revenue from operations stood at Rs 1,082.4 crore, up 34 per cent year on year from Rs 809.7 crore in the year-ago period

Varaha raises $45 million in Series B round led by WestBridge Capital

Climate-tech firm to use fresh capital to expand globally, deepen science capabilities and scale biochar-focused industrial partnerships

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

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