ETtech

Read the full story by @dishaacharya_ here⬇️ economictimes.indiatimes.com/tech/technolog…

📌The push for premium grocery on quick commerce comes at a time when new platforms and D2C brands focused on clean food enter the sector, according to experts.

🚨Quick commerce platforms gear up for gourmet grocery war 🔹Zepto is set to launch its Select range. 🔹Flipkart Minutes is planning to offer a premium grocery range. 🔹Amazon Now has started piloting Gourmet Picks. 🔹Swiggy's Instamart is broadening its Nectr offerings.

Read more: economictimes.indiatimes.com/industry/servi…

#ICYMI: Singapore's High Court has rejected Byju Raveendran's bid to halt his six month jail sentence for contempt, leaving the Byju's founder at risk of imprisonment if he returns to the city state.

Read more on: economictimes.indiatimes.com/tech/startups/…

#ICYMI: InsuranceDekho gears up for a ₹2,500–3,000 crore IPO, targeting a September DRHP filing and a March 2027 listing at an estimated ₹9,500 crore valuation.

Read more here: economictimes.indiatimes.com/tech/funding/u…

🚨 B2B ecommerce platform Udaan has announced a structured financing transaction worth $160 million, comprising a mix of fresh equity, debt and debt-to-equity conversion.

Read more on: economictimes.indiatimes.com/tech/technolog…

#ICYMI: Temasek has sold a 2% stake in Lenskart for nearly ₹1,945 crore through open market transactions, reducing its holding to 4.75% from 6.8% as early investors continue to pare stakes post-listing.

Read more on: economictimes.indiatimes.com/tech/artificia…

🎯Wall Street is rewriting the AI playbook. 📈📈As public market valuations come under pressure, the paper wealth that fuelled AI hiring, funding and acquisitions is shrinking, raising fresh questions about the sector's growth cycle.

🎯Open-source AI could give India code sovereignty. 📈📈Experts say open models can reduce dependence on foreign AI platforms while giving enterprises greater control over their code and data. Read more on: economictimes.indiatimes.com/tech/artificia…

📌For enterprises stuck with legacy interactive voice response systems with the ‘press-button’ menu navigation, the shift to natural interactions has opened up new possibilities. By @SurakshaPinnuET Read more at⬇️ economictimes.indiatimes.com/tech/artificia…

🔔🔔Voice AI goes mainstream as enterprises move beyond pilots ➡️Enterprises are moving beyond chatbot experiments to deploy AI agents that can hold natural conversations, complete tasks, and deliver business outcomes. ➡️Banking, healthcare, telecom and government services sectors are early adopters of this shift.

📍This was due to planned revenue declines as the company shared productivity benefits with its clients. Read more at⬇️ economictimes.indiatimes.com/tech/informati…

🚨🚨#ICYMI: HCLTech’s Q1 net profit rises 20% to Rs 4,624 crore 📍The Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it grew a modest 1.75% sequentially.

Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s Lambu With the two big growth drivers returning to steady growth, the AI-led revenue deflation is behind the firm, LTM chief executive Venugopal Lambu told ET. Financial services and technology, the segments that together account for 57% of LTM’s revenue, each registered over 3% sequential growth. economictimes.indiatimes.com/tech/informati… By @ShristiAcharET and @BeenaParmarET

Temasek offloads 2% stake in #Lenskart for Rs 1,945 crore The share sale took Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. Read the full story: economictimes.indiatimes.com/tech/technolog…