EV AND FINTECH JOBS
Flexi-staffing industry in India sees 8% YoY growth in new employment in 2025-26: ISF report
The push for formal employment, strongly supported by the staffing industry, has been instrumental in bringing more workers into structured flexi roles, thereby boosting reported employment figures and aligning with the industry’s commitment to providing formal opportunities, especially for first-time job seekers and freshers, the report said.
EV, FinTech jobs set to deliver biggest raises
Indian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors leading the hikes. Electrical engineers are projected for the highest increases at 11.2%. Geopolitical tensions and inflation could temper these projections, leading to cautious budgeting by businesses.
India Inc to dole out salary hikes of up to 10.2 pc across industries in FY27: Report
Corporate India anticipates salary increments between 8.6% and 10.2% this financial year, driven by demand for skilled talent in high-growth sectors like EV and FinTech. Emerging cities are also strengthening their position in the talent economy, while select roles and specific cities are projected to lead these salary hikes.
Ola Electric’s QIP boost; AMFI benches Stable Money
Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
Deeptech bets heat up; Paytm, PB Fintech, Meesho earnings
Happy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Morning Dispatch.
Premji eyes Emergent bet; Krutrim plans unravel
Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in today's ETtech Morning Dispatch.
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ET Awards for Corporate Excellence 2025: Celebrating India Inc. distinguished icons
The ET Awards for Corporate Excellence 2025 honour 10 outstanding achievers, from policy reformers and business leaders to emerging companies driving India’s corporate renaissance. Here’s the complete list of winners.
BigBasket, 1mg founders plan transition; QED's Morris flags credit tightening
Happy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
H-1B selection rate rises; VC IPO windfall in 2025
There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
Why is the US stock market up today? Dow Jones soars 900 points, Nasdaq spikes 3% in powerful rebound as S&P 500 turns green - Here's Top Gainers Today in US Stock Market
Why is the US stock market up today? Dow surges 900+ points as S&P 500 and Nasdaq explode in massive rally. This US stock market rally today comes as easing Iran tensions, falling oil prices, and lower bond yields boost confidence. Investors are rushing back into tech stocks and risk assets. The Dow Jones, S&P 500, and Nasdaq gains reflect renewed optimism. Still, despite today’s surge, the US stock market remains under pressure for the quarter overall.
Tech, EVs, retail to drive India's salary boom in FY26: TeamLease
Salary hikes in India are expected in FY 2025-26. Electric Vehicles, Consumer Durables, and Retail sectors will lead. Pune will see the highest average increment. Sales & Marketing roles will top the growth chart. Rising salary parity between temporary and permanent positions is expected. New-age industries are scaling rapidly. Digital and core infrastructure sectors are reshaping compensation trends.
Udaan’s flat raise; Nykaa’s market woes
B2B ecommerce unicorn Udaan raised fresh funds in a round led by existing investors. This and more in today’s ETtech Top 5.
Top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
End trip for BluSmart?; Indian AI talent in demand
Happy Friday! Gensol Engineering’s financial struggles are severely impacting ride-hailing company BluSmart. This and more in today’s ETtech Morning Dispatch.
Union Budget 2025: Govt enhances credit guarantee thresholds for small biz, startups
The government has also proposed to double its credit guarantee for startups to Rs 20 crore, which is being lauded by the industry as a big boost for new businesses looking for financial support from banks.
Top startup and tech stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
EV funding slows down; cloud kitchens chart a comeback
Funding for India’s EV sector has nearly halved between 2022 and 2024. This and more in today’s ETtech Top 5.
Piyush Goyal on ecommerce; Centre charges up EV cos
Union commerce minister Piyush Goyal said ecommerce firms are operating in an opaque manner, and that quick commerce platforms need to integrate kirana stores in their supply chain. This and more in today’s ETtech Top 5.
States lure Tesla component suppliers; bumper exit for Snapdeal founders
Happy Thursday! Tesla’s suppliers are looking for locations to double down on their India operations. This and more in today’s ETtech Morning Dispatch.
Navigating future of skill development and job creation
India needs to focus on skill development and holistic education to bridge the gap between potential and realization. Only 5% of the population is formally skilled, leaving graduates unprepared for the job market. The shift towards skill-based education, outlined in NEP 2020, is necessary for success. Formal education has minimal impact on job efficacy, making on-the-job training critical.
Electric three-wheeler penetration in India: Challenges and issues and the way forward
India's electric 3-wheeled mobility solutions have surged to 25% and is set to exceed 30% by FY24. Driven by ecommerce and rapid deliveries, EVs benefit from favorable policies, affordability, and eco-conscious trends. The industry's growth necessitates sustained incentives, workforce development, and collaborative efforts for a sustainable and efficient electric future.
From fintechs to NBFCs – A bridge too far, and other top tech & startup stories this week
After the issues with IL&FS and DHFL, the regulator has become very concerned about the NBFC sector. Also, a clutch of unscrupulous Chinese players playing around in the lending space without any formal regulatory nod sent alarm bells ringing at the RBI. As a result, fintechs find themselves under tremendous scrutiny when they apply for an NBFC licence.
Over 17,000 Indian startup employees laid off in the first half of 2023 as funding winter refuses to thaw
Startups, which heavily rely on external investments to fuel their growth, have been forced to downsize due to a decline in investor funding. The lack of new investments flowing into the industry has become the biggest challenge for these startups, resulting in cost-cutting measures and cash conservation.
Online gaming to attract investment after tax policy; Freshworks posts first adjusted operating profit
Finance Minister Nirmala Sitharaman said the GST Council is currently discussing a taxation policy for online gaming, adding that the sector would receive investments once the policy was finalised.
Uber inks pact with Tata Motors for supply of 25,000 EVs; Wipro cuts salary package offered to freshers
Ride-hailing company Uber has signed an agreement with Tata Motors to induct 25,000 electric vehicles (EVs) into its fleet. Uber will deploy Tata Motor's Xpres-T EVs by partnering with fleet operators in Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad.
More trouble for card fintechs; VC funds bullish on EVs & Semafor’s India launch
Under the new rules, all loan disbursals and repayments should be executed between the bank account of the borrower and the regulated entity.
As card-based fintechs seek Plan B, FPL Tech set for unicorn club
The banking regulator has, however, told some fintech firms that they should seek licences to continue operating.
RBI’s new mandate sparks confusion among fintechs; Foxconn may make EVs in India
The regulator’s directive quickly sparked confusion and frustrations among fintech startups, which told us the RBI appears to be giving banks full control over innovation in the fledgling sector.
Fresher hiring gathers pace; up 55% since September-end, says Freshersworld.com
Some of the sectors which are driving the demand for freshers are IT, ecommerce, finTech, eduTech, auto, and EV segment in auto. BPO, physical retail roles - front office/receptionist, retail store managers/executives, field sales, accountants have also seen a good spike in the number of jobs being posted compared to the last three months.
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