PUBLIC SPENDING ON BENGALURU
Groww's strong Q4; Iran conflict hits India's GCCs
Fintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
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.
Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%
Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consultancy Services, as geopolitical uncertainties, AI-led disruptions and slow deal ramp-ups weigh on its performance
Extreme heatwave alert: Kerala records hazardous UV levels; IMD puts Tamil Nadu, Maharashtra, Karnataka and more states on high alert
Heatwave alert: Kerala State Disaster Management Authority (KSDMA) has issued a high UV index alert, warning residents about the health risks of prolonged exposure to strong sunlight, including skin damage and eye problems, especially between 10 am and 3 pm. At the same time, the India Meteorological Department (IMD) has forecast heatwave conditions across several states until 20 April, along with hot and humid weather in coastal regions.
'Not everyone has that luxury': Her Bengaluru friend has not visited her family in 4 months. Her post on work-life balance sparks discussion
A social media post highlights how demanding work culture affects family ties. Entrepreneur Mahima Jalan's friend in Bengaluru exemplifies this, struggling to connect with parents due to an intense schedule. This sparks a wider debate on privilege and the true meaning of work-life balance. Many professionals are now rethinking career sacrifices, valuing presence and flexibility alongside ambition.
Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investors
Quick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying competition. The company targets full-year profitability by FY2028-29, having reduced its quarterly cash burn significantly. Zepto is focusing on scaling order volumes without expanding its dark store network, differentiating itself by targeting value-conscious customers.
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Bengaluru to get Birkbeck, University of London campus as UGC issues Letter of Intent
Birkbeck University of London will open a campus in Bengaluru. Indian students will access University of London degrees at a lower cost. This supports India's goal to increase higher education enrollment. The campus will offer career-focused education. It aims to make India a preferred destination for international education by 2030. This initiative expands opportunities for students.
He survived on just Maggi but still rejected Rs 25,000 job: Bengaluru founder reveals the roadmap that led to Rs 3.5 lakh income
A Bengaluru-based founder has gone viral after sharing his career journey, revealing how he chose a ₹10,000 internship over a ₹25,000 job offer early on. Starting with low pay and struggling through the initial years, he focused on learning and upskilling, eventually moving into high-paying roles, including a ₹3.5 lakh per month job at a blockchain startup. He later left the role to build his own company.
Physical AI startups out to play the big game
ET writes how robotics AI startups are seeing increased investments, signalling growing confidence in this space in India.
Bengaluru’s public spending puzzle: Govt arms lead expenditure, lag in transparency
Public spending on Bengaluru is estimated at ₹38,455 crore for 2021–22, or over ₹100 crore a day, but the data is not available in a single official source.
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
Govt arms bear four-fifths of Bengaluru’s public spending, says Janaagraha finding
A new report reveals that government agencies, not the city administration, handle nearly 80% of Bengaluru's public spending, totaling Rs 38,455 crore in FY 2021-22. Essential services like water and transport are managed by these bodies, yet financial transparency is alarmingly low, with limited data disclosure. This lack of clarity hinders public accountability for vast sums of money.
TCS Q4 drags down IT stocks; Swiggy cofounder exits
Shares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupee
TCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currency terms for FY26. The company saw strong AI revenue growth, crossing $2.3 billion, and secured significant deal wins, signaling a potential turnaround amidst cautious optimism.
Mysore Sales International Ltd to launch one-stop tourism ticket booking platform in Karnataka
Mysore Sales International Ltd is set to unveil a revolutionary travel app designed specifically for Karnataka explorers. This innovative platform will allow users to seamlessly book tickets to a wide array of attractions across the state. With the launch expected in just three months, the app is a response to a growing demand for hassle-free travel planning.
Techie reveals how he went from earning Rs 10K per month to a Rs 3.5 LPA job in just five years
A software engineer's career skyrocketed from ₹10,000 to ₹3.5 lakh monthly by prioritizing hands-on experience and continuous learning. He strategically chose a startup internship over a higher initial salary, immersing himself in technologies like React and Node.js. This dedication led to rapid skill development and eventually a lucrative remote role in blockchain, paving the way for his own successful venture.
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.
Gig worker shortage continues; IT weathers war jitters
Happy Monday! Quick commerce, ecommerce and home service platforms are facing gig worker shortages. This and more in today’s ETtech Morning Dispatch.
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.
How to turn job loss into opportunity? Bengaluru Oracle employee, who lost job in latest layoff, has a lesson on handling sudden crisis
The latest layoffs at Oracle have left many employees dealing with sudden job loss and uncertainty. Among them, a Bengaluru-based manager saw his 16-year career come to an abrupt end, highlighting the emotional and mental strain that follows such decisions. He described the shock of losing routine and the immediate concerns around family, finances, and the future.
Latte to talk about: Cafes are trying to reclaim their glory days as hubs of conversation and are wooing the young
Young Indians are turning to cafés for meaningful conversations and community, moving beyond passive screen time. In cities like New Delhi, lecture series, workshops and curated events are drawing crowds seeking intellectual engagement and social connection after college life.
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
LPG shortage hits packaged food; Adobe CEO to exit
Due to an acute shortage of LPG, packaged food companies are pausing or slashing production at plants. This and more in today's ETtech Top 5.
Bored with every day's work, scroll, sleep routine? Bengaluru man has some simple tips to make life more interesting
Feeling drained by routine? A growth marketer suggests building a life outside work that sparks curiosity and joy. The article offers 60 ways to break monotony, from starting your day with small adventures and feeding your curiosity to exploring new perspectives and creating something new. It emphasizes slowing down, connecting, and reflecting to make life more interesting.
India reimagines its museums with tech, storytelling and mega-budget ambitions
India’s museum landscape is undergoing its most visible transformation as private institutions and public projects go big and immersive.
Bengaluru techie shares how he has to fight to get just 2 hours of quality time daily to focus on real work in office
A Bengaluru software engineer's daily grind reveals the exhausting reality of metro city life. His packed schedule, battling infamous traffic, endless meetings, and constant notifications, leaves little personal time. The techie's account highlights the struggle for focused work and the city's relentless demands, emphasizing the need to fiercely protect personal productivity hours.
Iran crisis hits India’s economy; PE firms dial up SaaS deals
The ongoing conflict in the Middle East is likely to significantly impact Indian industries. This and more in today’s ETtech Morning Dispatch.
Catamaran delivered 22% VC returns over past decade: Infosys founder Narayana Murthy
According to Narayana Murthy, his family office has generated over 22% returns from venture capital investments and 17-18% from public equities in the last 10 years. Murthy described the performance as “reasonably good” while reiterating that he now remains a distant observer of the firm’s activities.
Food delivery growth revives; Kreditbee eyes $1B valuation
Happy Tuesday! Food delivery majors registered strong growth in the December quarter. This and more in today’s ETtech Morning Dispatch.
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