FINTECH AI SOLUTIONS
Semiconductor design, AI to drive India’s next innovation wave: Founders Forum CEO
Founders Forum CEO Carolyn Dawson highlights India's potential to become a global tech anchor by building connective tissue with innovation hubs. She emphasizes the need for late-stage capital and a global mindset for Indian startups to scale internationally, with AI and semiconductor design poised to drive future trade.
Razorpay eyes IPO; Sarvam's $1.5 billion leap
Happy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
India’s agentic boom tests regulators; Qcomm growth hits brakes
Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
Fintechs leverage AI to boost creditworthiness and reduce rejections
Fintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like BankSathi, GoodScore, and Credgenics are offering AI-led advisory services, addressing a significant demand, especially from smaller cities. While AI automates much of the process, manual intervention remains crucial for resolving defaults with lenders.
Can AI fix your credit score? Krutrim shuts down assistant Kruti
Happy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning Dispatch.
Beyond KYC: Why digital trust needs real-time intelligence
Ashok Hariharan of IDfy argues that digital trust must evolve beyond one-time KYC to continuous, intelligence-led risk assessment across the customer lifecycle.
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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.

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.

Fidelity marks down conversational AI platform Gupshup's valuation by 80% to $278 million
Gupshup was valued at $1.4 billion when Fidelity first invested in the company back in 2021 through a secondary transaction. The asset manager has been steadily revising the value of its holding and had marked it down to $697 million as of July 2023.

Oracle cuts 20% of India staff; War jitters stall fintech IPOs
Happy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.

IT rules could get tougher; Rubrik’s big India play
Happy Wednesday! Experts have raised concerns over the proposed amendments to the IT rules. This and more in today’s ETtech Morning Dispatch.

Rediff files confidential IPO papers; eyes Rs 600-800 crore fundraise
The proposed initial public offering could raise between Rs 600 crore and Rs 800 crore, although the final size will depend on market conditions and regulatory approvals. The move comes amid a broader strategic repositioning of Rediff from a legacy internet portal to an AI-led digital platform.

How GCCs are boosting demand for premium office spaces
India's office market is transforming. Global Capability Centers are expanding, driving demand for premium, sustainable office spaces. Companies are embracing flexible and managed office solutions, moving towards capital-light models. This trend is also reaching Tier-2 and Tier-3 cities, supporting hybrid work and reverse migration.

Framing the future: How the enduring legacy of India AI Impact Summit 2026 can power Viksit Bharat
From Union Minister Ashwini Vaishnaw’s 58,000 GPU expansion commitment to a Guinness World Record for validated pledges, from Reliance Chairman Mukesh Ambani’s Rs 10 lakh crore commitment to the landmark Nandan Nilekani-Dario Amodei dialogue, the India AI Impact Summit 2026 delivered big on vision and scope. One month on, its conversations continue to shape India’s Viksit Bharat 2047 trajectory.

AI-led lending platform Uncia raises $3 million from Pavestone to scale up, expand overseas
The funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East and North Africa (MENA), as well as North America. The fundraise comes at a time when enterprise-focused fintechs, particularly those building AI-led infrastructure, are seeing renewed investor interest even as broader fintech funding remains measured.

Why India's Gen Z and millennial borrowers are choosing app-based credit over traditional loans
Young Indians, particularly Gen Z and millennials, are increasingly opting for app-based credit over traditional banks. Driven by a need for speed, convenience, and flexibility, instant loan apps offer quick approvals and minimal paperwork. This digital shift is reshaping how young consumers access funds for various needs, marking a significant evolution in India's lending landscape.

The ‘non-tech’ careers that will define the AI decade and why admissions committees are quietly prioritising human-centred proof
The future demands professionals who translate technology into tangible outcomes, not just those who understand code. Admissions committees are increasingly selecting for candidates who can bridge tech, people, and results, proving their ability to convert ambiguity into measurable progress. The real advantage lies in human-centered judgment applied to technology.

AI spend in India’s financial services sector to double in 2026: QED Investors
This will be driven equally by incumbents and early adopters. Legacy institutions are expected to outspend in the near term due to their scale, but innovation will be driven by startups.

Hard Reset: India’s AI investment boom masks a deeper battle for survival
Even as AI startups continue to raise top dollar, some are scrambling to rebuild business models and keep pace with the disruption, investors told ET.

AI-led wealthtech rising as VCs bet on a fintech disruption
As middle-income Indians increasingly diversify beyond real estate and gold into financial assets, the investment thesis is evolving. New-age startups are leveraging AI to build products at lower cost and with greater efficiency.

UTI AMC CEO says safety margin in smallcaps limited, backs financials and manufacturing
UTI Asset Management Company CEO Vetri Subramaniam warns of limited margin of safety in small caps despite corrections. He favours financials, manufacturing and capital goods, urging disciplined investing, diversification, SIPs, and long-term focus amid volatility and evolving market conditions.

Big bets, weak ground: Why AI in Indian agriculture needs stronger data, oversight
Poor, fragmented data continues to limit AI’s impact on farming in India, say experts

PhonePe pauses IPO; Databricks' India ramp-up
PhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's ETtech Top 5.

Dubai’s real estate reset: How PropTech is turning property into an investment-ready sector
From tokenisation to smart buildings, Dubai is creating the regulatory and digital rails for a more tech-enabled property market.

Dubai’s road to code: From AI pilots to enterprise deployment
Backed by regulatory clarity and enterprise support, Dubai is integrating next-generation AI into critical infrastructure.

Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investing
Shailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to early-stage fund to back seed and series A startups. Bengaluru-based Ambition Capital will back startups across consumer, AI, deep tech and fintech, which are the areas familiar to the trio.

Accel set to lead $12 million round in AI fintech Oolka
The round comes on the back of a $7 million infusion led by Lightspeed and Z47 last September. The company counts Livspace founder Ramakant Sharma, Meesho’s Vidit Aatrey, and Blackbuck’s Rajesh Yabaji as angel investors.

As banks tap AI for big tasks, local startups get a prompt
While automation of call centres saw the first wave of AI adoption in the highly regulated sector, more applications are getting powered by this technology now. The remit of AI applications widened after the Reserve Bank of India listed down broad guidelines in August in the Free-AI regulatory document, detailing the adoption of AI in banks’ internal workflow.

Fintech Pine Labs to launch stablecoin payments outside India, CEO says
The Temasek and Peak XV-backed company aims to launch in countries that have a "stablecoin-friendly stance", Amrish Rau said in an interview on Friday, without specifying which countries they would launch in.
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