CLOUD DATA PLATFORM
AGP’s Zerra DC bags Rs 1,200 crore loan for second Navi Mumbai data centre project
Zerra DC, the data center division of AGP, has recently clinched funding worth Rs. 1,200 crore from Tata Capital. This investment will be directed towards the construction of a cutting-edge 200 megawatt data center located in Navi Mumbai. Currently, there are ongoing negotiations to finalize partnerships with cloud hosting providers, further enhancing the project's scope.
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuation
US-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI startup at $1.5 billion. Strategic investors like Nvidia, Amazon, and HCLTech, alongside venture capital firms, are also participating in the round.
Samsung’s AI development is becoming more feedback-led, with India playing a larger role
Samsung's India R&D teams are significantly contributing to Galaxy AI features and flagship devices like the S26 series, with user feedback from channels like Samsung Members and service centers directly shaping product development. India-specific usage patterns are also influencing global software optimizations
Claude Opus 4.7 released: Here’s what’s new in the latest version of Anthropic's flagship AI model
Anthropic on Thursday released Claude Opus 4.7, the latest upgrade in its flagship Opus AI model family. Users will now be able to delegate work that previously required close supervision to the AI assistant. The model demonstrates stronger instruction-following, higher consistency over extended workflows, and the ability to self-verify outputs before delivering results.
SpaceX IPO yet to come, but here’s how investors can cash in on Space right now
The SpaceX IPO 2026 is set to shake global markets with a projected $1 trillion valuation and up to $80 billion fundraising. Investor demand is rising fast. The space economy is no longer futuristic. It is active and expanding now. Reports from Morgan Stanley show rapid growth across space stocks and satellite businesses. Many companies already deliver strong returns. Investors are searching how to invest before SpaceX IPO 2026. Early opportunities exist across mining, chips, and satellite services. The space economy is scaling quickly and attracting serious capital worldwide.
Quantum mania: Stocks skyrocket up to 141% as Nvidia fuels next tech revolution
Quantum-linked stocks are exploding at record speed. Some names jumped 140% in just one week. That move followed a major trigger. NVIDIA launched new AI models to accelerate quantum computing. Markets reacted instantly. Investors now see quantum-linked stocks as the next big AI trade. The global quantum computing market may cross $11 billion by 2030, up from about $1.7 billion today. That growth is massive. It is pulling capital fast. Governments are also investing billions. This adds urgency. Quantum-linked stocks are no longer ignored. They are becoming central to future tech.
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Myseum takes flight after Allbirds in fresh AI rebrand wave
Companies are shifting focus to artificial intelligence. Allbirds, a footwear maker, saw a significant stock surge after announcing a pivot to AI compute infrastructure. Social media firm Myseum Inc is also adopting a similar strategy. This trend highlights investor interest in AI, with some firms leveraging it to raise funds. Past pivots to blockchain also saw similar investor enthusiasm.
Stellantis, Microsoft sign five-year partnership for AI push
Automaker Stellantis partners with Microsoft for five years. They will jointly develop artificial intelligence and cybersecurity. This collaboration aims to boost Stellantis' technology efforts. The partnership will also modernize Stellantis' IT infrastructure. This move helps Stellantis compete with tech-focused rivals. It focuses on enhancing vehicle features and customer experiences.
AI firms scout for startup buyouts to boost full-stack tech capabilities
AI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This consolidation is driven by the need for complementary product capabilities and intellectual property in a rapidly evolving market.
Allbirds shares jump over 400% on plans to pivot to AI from sneakers
Footwear maker Allbirds shares have surged dramatically. The company is now raising capital and pivoting towards AI computing infrastructure. Allbirds plans to rebrand as NewBird AI and shift focus to offering cloud computing capacity and AI services. This move comes amid strong investor interest in AI-related stocks and the supporting data-centre infrastructure.
Zepto vs rivals; Cybersecurity goes outsourced
As Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today's ETtech Top 5.
Practo names ex-Salesforce executive Srijesh Kumar as global CPTO
Practo has appointed Srijesh Kumar as global CPTO to lead AI-driven growth and international expansion. He joins from Salesforce with prior roles at major tech firms like Expedia group, Punchh, Adobe, and Microsoft. Kumar will bring engineering, data, and product teams under a unified structure, the company said in a statement.
Indian companies turn to outsourced cybersecurity to bridge talent gap
India’s cybersecurity outsourcing market is growing as companies adopt SOC-as-a-service due to talent shortages, high costs, and complex threats. Mid-sized firms lead demand, especially in BFSI, telecom, and IT. Hybrid models dominate, with AI-driven automation improving efficiency, while human oversight remains essential in managing evolving cyber risks and responses.
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infra
Recent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global infrastructure. India offers a secure and stable environment for data center expansion. Its robust policies and existing ties with the Gulf region make it a natural strategic partner.
India’s data centre market to reach $22 billion by 2030
India's data centre market is set for massive growth, expected to reach 22 billion dollars by 2030. This expansion is fueled by cloud computing and artificial intelligence. Significant investments are flowing into the sector, with foreign investors leading the way. Government incentives and cost advantages are making India a prime location for data infrastructure development.
Demand for senior technology leaders in India is bucking a slowdown in broader tech hiring
As per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC Consultants, said the uptick in tech leadership hiring is strong, especially over the last two–three quarters in comparison to the first half of FY25 when companies were relatively cautious. There is an about 20% increase in mandates at the director, vice-president and higher levels, she said. “Quite a few country heads for GCCs are also coming in.”
From users to builders: How AI and low-code are rewriting who builds software
Citizen development and AI-driven “vibe coding” are reshaping how software is built inside organisations, shifting creation power from IT teams to everyday employees. The story begins with workers like Priya, a sales operations manager in Pune, who once depended on IT queues for automation but later built her own workflow tools using low-code platforms without writing code. Such “citizen developers” are now becoming central to enterprise productivity.
Commvault explores sale after takeover interest
Commvault, which has a market capitalisation of about $3.5 billion, is working with Goldman Sachs on its options after fielding inquiries from both private equity firms and strategic buyers.
ETtech Deals Digest: Startups raise $370 million this week, up 80% on-year
The number of deals during the week was down to 22 transactions, compared to 42 in the corresponding week last year.
TCS CEO calls Street "wrong" on AI threat; posts $40-bn order book and $2.3 billion in AI revenue for FY26
TCS CEO K Krithivasan dismisses fears of IT giants faltering in an AI-first era, asserting the company is actively leading the AI transition. He argues system integrators remain crucial for integrating new tech, driving transformative projects, and redesigning business processes. Enterprise AI spending is now focused on operational efficiency, modernization, and AI transformation itself, with a bullish outlook for FY27.
A space odyssey: Artemis 2 has been a spot check to see if humans can be safely operational for weeks in deep space
The Artemis 2 crew is returning to Earth after a historic journey. This mission tested NASA's spacecraft and life support systems in deep space. Astronauts experienced an 'Earthrise' and a solar eclipse. The mission's success is crucial for future human presence on the Moon and journeys to Mars. India is also advancing its space exploration efforts.
TCS rides AI demand; mega deals power Q4 results
Per COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ecosystem through collaborations with global technology leaders and strengthened enterprise alliances. It also continued to secure large, multi-year transformation deals across sectors, including telecom, retail, banking, aviation and consumer industries.
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand booms
Tech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $21 billion. OpenAI is securing significant funding and partnerships with Amazon, Disney, Broadcom, AMD, Nvidia, and Oracle. Meta is also forging deals with AMD, Manus, CoreWeave, Oracle, and Google. Nvidia is investing heavily in Anthropic and acquiring Groq's assets.
SaaS firm Zoho’s revenue up by 17.7% YoY, profits slow down
In financial year 2025, Zoho focused on cost controls and process efficiencies to help sustain margins. The company said its performance remained “satisfactory”. The company operates across a wide range of software products, including cloud applications, enterprise tools, and communications platforms. It continues to invest in infrastructure such as data centres and office campuses.
AI startup Nava raises $22 million in round led by Greenoaks Capital
RTP Global and Unicorn India Ventures participated in the round. The company will use the fresh capital to expand its GPU compute and AI data centre capabilities and hire talent. Nava, which is expanding beyond its earlier software-led GPU cloud offering to a vertically integrated model, aims to target enterprises building AI models and applications, offering infrastructure through models such as GPU-as-a-service and bare-metal compute.
IT cos slash US teams; D2C luggage brands hit turbulence
Happy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Dispatch.
Co-branded cards squeeze; Slice’s valuation reset
Happy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETtech Morning Dispatch.
West Asia conflict fears could harden credit card underwriting, curb co-branded card growth
Indian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwriting for credit cards. This follows a slowdown in credit card originations and spending limits. The impact of the oil crisis will be felt across credit operations in the coming months. Lenders are becoming more cautious about unsecured loans.
Backer Y Combinator drops Delve on compliance allegations; top brass allege smear campaign
Delve’s removal from Y Combinator’s directory follows allegations that compliance certifications for hundreds of Delve’s clients were fabricated. The company has pushed back, saying leaked data was taken out of context as part of a malicious campaign.
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