Groww drives up D-Street; Nazara’s Q2 loss
Happy Thursday! Wealthtech company Groww successfully listed on the bourses, minting money for early backers. This and more in today’s ETtech Morning Dispatch.
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Figma calls India a critical market amid rapid adoption
India is the second largest market for the US-headquartered collaborative interface design company in terms of active user base and has been seeing increasing demand from companies in the region. ET was the first to report, on November 6, that…
IT companies log productivity win in Q2 with better revenue per employee
HCLTech led the pack among the top-tier firms, posting a 2% increase in RPE to more than $16,000 (₹14.17 lakh) in the quarter ended September 30 when its headcount grew 3.7%, according to market intelligence firm UnearthInsight Research. Market leader…
NRN says research focus vital to build a better India
Seeks meritocratic, supportive ecosystem for the young
The Download: how to survive a conspiracy theory, and moldy cities
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. What it’s like to be in the middle of a conspiracy theory (according to a conspiracy theory expert)…
Improving VMware migration workflows with agentic AI
For years, many chief information officers (CIOs) looked at VMware-to-cloud migrations with a wary pragmatism. Manually mapping dependencies and rewriting legacy apps mid-flight was not an enticing, low-lift proposition for enterprise IT teams. But the calculus for such decisions has…
Classification system for public data on the cards
Aimed at measuring sensitivity of non-personal data, the move may potentially open up a trove of public sector data—such as anonymised collective land ownership patterns, historical weather figures, traffic movement and aggregated industry data—to the private sector beyond what is…
Tech industry groups urge MeitY to refine AI content rules to boost innovation, for global alignment
The draft rules proposed by MeitY require platforms and users to label AI-generated visuals with a visible marker covering at least 10% of the display area, or, for audio, add a disclaimer for the first 10% of the content duration.
Gen Z and millennials are telling India’s sneaker story, homegrown brands ride new wave
Gen Z and millennials are driving demand for uniquely designed, India-inspired sports shoes priced Rs 3,000–5,500. Home-grown D2C brands like Comet, Gully Labs and Neeman’s are scaling fast, attracting investors despite manufacturing challenges, with rising loyalty, offline expansion and strong…
Late-stage funding dip is mostly supply-side driven: Verlinvest CEO
The company is targeting startups that are between the early and growth stages with investments of $5–20 million, Italia told ET in an interview. Its V3 Ventures arm invests in early-stage companies while Verlinvest supports startups in the growth stage.