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The Latest Breaking News from ET

Investment platform LVX launches Elvix, an AI tool for private market investors

LVX Ventures has launched Elvix, an AI platform offering continuous investment feedback. Built on extensive private market data, Elvix helps investors evaluate startups and track portfolio risks. This innovation addresses information gaps in private investing. The platform uses proprietary AI to analyze opportunities and monitor performance. Elvix aims to provide…

The Economic Times

Scripbox acquires wealth manager Bluechip Capital to expand offerings

Without disclosing the financial details of the deal, Scripbox said that post the acquisition, Bluechip’s employees and clients would become part of the larger Scripbox ecosystem.

The Economic Times

EV-maker Simple Energy raises Rs 250 crore, eyes IPO in FY28 second half

Bengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electric two-wheeler maker plans to increase production significantly and aims for an IPO in the second half of FY28, while also preparing to launch more affordable scooter models.

The Economic Times

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Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohorts

Peak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overall early-stage investment operations. This move follows team exits and a slower cohort intake. Surge will now offer up to $5 million per company. This recalibration aligns with broader trends…

The Economic Times

Crypto exchange Coinbase to introduce INR rails in India

Coinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant advantage over rivals like Binance. The exchange aims to capture a large share of both retail and institutional customers by offering over 500 crypto assets and actively engaging with regulators and potential partners…

The Economic Times

Clean-label food brand Anveshan raises Rs 150 crore led by Vertex Ventures

Clean-label food brand Anveshan has secured Rs 150 crore in a significant funding round. The investment, led by Vertex Ventures, will fuel expansion into new manufacturing units and product categories. Anveshan aims to make high-quality clean food products accessible to a wider consumer base across India.

The Economic Times

Delhi HC ruling against Google draws praise from startup founders

The Delhi High Court has ruled Google liable for trademark infringement in keyword advertising, a decision lauded by Indian startup founders like Nithin Kamath and Sridhar Vembu. This verdict could curb practices where competitors bid on trademarked names, diverting traffic and forcing brands to spend on their own keywords.

The Economic Times

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For a match made in retail heaven, friction on earth can be real

Quick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FMCG companies. This shift captures impulse buys and premium product sales. However, operational costs and competition pose challenges. Brands must diversify their digital strategies beyond just ten-minute deliveries for…

The Economic Times

Happiest Minds’ Q4 net profit jumps 80% amid AI adoption

Happiest Minds reported a significant 79.9% surge in net profit for Q4 FY26, reaching Rs 61.17 crore, driven by revenue growth and increased adoption of AI-led services. The IT firm's revenue grew 10.9% year-on-year to Rs 604 crore, with its generative AI business more than doubling. The company anticipates continued…

The Economic Times

Wait, CBS Is Getting Paid For Stephen Colbert’s Timeslot Replacement?

Dang, CBS considers it a $55 million deal.

Cinemablend

Industry expects policy continuity, faster execution under Shivakumar in Karnataka

Executives from the technology, semiconductor and digital economy ecosystem said Karnataka’s long-standing strengths in talent, research and innovation are institutional in nature and unlikely to change with a leadership transition. At the same time, they said stable leadership and faster decision-making would help the state compete more effectively with others…

The Economic Times

Listed digital payment majors finally turn a corner in FY26

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines.

The Economic Times

Listed new-age internet firms brace for a costly ride as war clouds math

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operating metrics. However, food delivery, quick commerce, ecommerce, beauty, eyewear, furniture and logistics firms are preparing for higher costs in the upcoming quarters even as consumer sentiment remains uneven.

The Economic Times

'With 50% of India’s capacity, Mumbai is the country’s data centre capital'

Sanghi spoke with ET ahead of the Tech Entrepreneurs Association of Mumbai’s (TEAM) two-day event starting Friday. Others joining the discussions on subjects ranging from AI and jobs were Aakrit Vaish, cofounder of Activate, an early-stage AI fund, and Naiyya Saggi, founder of Babychakra and new-age appliance maker EDT.

The Economic Times

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The Economic Times

Reliance Jio IPO soon? Mukesh Ambani to provide update on $4 bn public issue at upcoming AGM, says report

Mukesh Ambani is expected to share an update on Jio Platforms’ anticipated IPO at Reliance Industries’ June 19 AGM. Reports suggest Reliance is shifting towards a fresh issue structure to protect retail investors and strengthen Jio’s long-term growth and transparency roadmap.

The Economic Times

From Alphonso to Kesar: How a tiny fly halted India’s mango exports to Japan after two decades

Japan has suspended fresh mango imports from India for the 2026 season due to concerns over pest treatment procedures at an Indian facility. This move impacts premium varieties and worries exporters already facing crop damage and high freight costs, disrupting a trade route that had been open for two decades.

The Economic Times

ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status.

The Economic Times

Kerala Lottery Karunya Plus KN-625 result out today (28-05-2026); Rs 1 crore prize winning number and full list here

Kerala Lottery Results Today: The Karunya Plus KN-625 lottery results are announced today at 3 PM. Ticket holders can check their numbers for a chance to win prizes. The top prize is ₹1 crore. Smaller prizes are also available. Winners can claim their rewards from retailers or lottery offices. The…

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The Economic Times

Zoho-backed Netrasemi launches first AI chip, begins customer trials

Kerala-based Netrasemi, backed by Zoho, has successfully tested its A2000 AI chip, now production-ready for edge devices. Early trials are underway with customers in surveillance and automotive sectors, targeting a mid-2027 commercial launch. This Indian-designed chip, built on TSMC's 12nm process, is among the first of its kind.

The Economic Times

C2i Semiconductors tapes out power management chip

Speaking to ET, Ram Anant, CEO and Co-Founder of C2i Semiconductors, said that power management is becoming a bottleneck as companies are beginning to realise that due to AI workloads what used to be few kilowatts of power in a data center rank is becoming 100 kilowatts now. In addition,…

The Economic Times

Mythos alert: Banks, telcos take test to check cybersecurity score

Mythos cyber audit: Companies are testing their public-facing assets using existing AI models such as Opus 4.7 and GPT 5.5 and have also asked their suppliers to identify possible gaps, executives and consultants told ET. The Data Security Council of India (DSCI), an industry think-tank under software industry body Nasscom,…

The Economic Times

Defence Ministry issues AMCA fighter jet tenders to Tata, L&T-BEL, Bharat Forge-BEML: Report

India's defence ministry has moved forward with its indigenous fifth-generation fighter jet program. The Advanced Medium Combat Aircraft RFP has been issued to three shortlisted companies. This marks a significant step towards developing a stealth fighter for the Indian Air Force. Prototypes are expected to fly by 2032. Deliveries of…

The Economic Times

Neysa and Pipeshift team up for AI inference play in India

Bengaluru's Neysa and AI startup Pipeshift are joining forces. They aim to meet India's growing need for AI inference services. This partnership will tackle increasing costs and delays in AI adoption. India's AI market is projected to reach billions. The collaboration focuses on specialized, local AI systems.

The Economic Times

Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

The Economic Times

Nandan Nilekani's Fundamentum bets big on frontier tech with Rs 2,000 crore fund for AI, deeptech

Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.

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