META INDIA MD
Skyroot eyes funding boost; MDR deferment cheers D2C brands
Happy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Dispatch.
Sarvam plans big fundraise; HCLTech's Q2 profit jumps
Happy Tuesday! Sarvam is in talks for a big round that could double its valuation to $3 billion. This and more in today’s ETtech Morning Dispatch.
Global investing is no longer optional for Indian investors—but diversification is more than buying NVIDIA and Apple: Dhiraj Relli
But simply buying familiar names such as NVIDIA, Apple or Tesla does not automatically create a diversified international portfolio, warns Dhiraj Relli, MD & CEO of HDFC Securities.
NCPCR summons Meta India chief over alleged child sexual abuse material ads
In response to alarming discoveries from a BBC investigation, the National Commission for Child Rights has called upon the leader of Meta India. This summons is part of a broader inquiry into potential child sexual abuse material being advertised on the platform. The government had already issued a warning to Meta, and scrutiny escalated as issues with their algorithms were exposed.
UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raise
UpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in today’s ETtech Top 5.
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From N Chandrasekaran to Campbell Wilson: A look at some of India Inc’s biggest names who are walking out in 2026
India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies like Tata Sons and HDFC Bank. This leadership churn indicates a period of transition for India Inc. Meanwhile, influential tech leaders are moving to AI companies like OpenAI. These shifts highlight evolving strategies and the increasing demand for AI expertise.
Presenting the jury for The Economic Times Startup Awards 2026
Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026.
PE-VCs push structural reboot; Cred backers’ Meta gains
Happy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtech Morning Dispatch.
WhatsApp's future may not be invented in US but in India, one transaction at a time
Meta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant shift in how the messaging platform may evolve.
Meta partners with Reliance to set up its first data centre in India
Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over 900 MW, developing new solar and wind projects across India.
Mumbai Tech Week 2026 returns with AI in action
The event aims to highlight practical implementation, moving beyond experimentation to drive efficiency and growth in India's burgeoning AI sector.
Enterprises dial up cost savings with WhatsApp calling
WhatsApp's entry into enterprise voice calling is poised to disrupt telecom companies' revenue streams, challenging traditional IVR systems with AI-powered solutions. Businesses like Redcliffe Labs are already adopting WhatsApp voice, anticipating a significant shift in customer interactions. This move threatens telcos' enterprise voice revenue, a crucial and rapidly growing segment, as OTT apps continue to dominate business communication.
Foxconn heads north; Influencers under check
Foxconn plans to establish a new manufacturing facility in Uttar Pradesh. This and more in today’s ETtech Top 5.
Telcos raise their voice again for a fair share of revenues from OTT players
India's top telecom executives met with Telecom Minister Jyotiraditya Scindia to reiterate their demand for a revenue-sharing model with OTT platforms. They also raised concerns about fair satellite spectrum allocation, emphasizing a level playing field. The industry urged that spectrum not be given away for free or at low rates to companies offering nationwide consumer services.
Warner Music, Tips extend strategic partnership
The expanded partnership will see Warner Music handle commercials and distribution for Tips Music's music across 23 Indian languages and 30,000+ songs on audio streaming apps.
Meta announces partnership with ONDC to support small businesses in India
ONDC will help the businesses become seller apps and onboard onto their network.
Meta & CAIT to join hands to upskill 1 million traders
Meta announced that it will join hands with the Confederation of All India Traders (CAIT) to upskill 1 million traders on WhatsApp Business App in the coming three years.
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.
ET Startup Awards 2022: Saturday set to bring out stars among startups
All roads lead to ET Startup Awards on 19 Nov. Union cabinet ministers Piyush Goyal and Ashwini Vaishnaw along with Karnataka chief minister Basavaraj Bommai will be the guests of honour at the high-powered event.
ET Startup Awards on Saturday; profitability a must for IPO-bound companies: Accel’s Shekhar Kirani
Top entrepreneurs, policymakers and investors will come together in Bengaluru on November 19 to celebrate the eighth edition of The Economic Times Startup Awards. India’s most coveted startup awards, which recognise entrepreneurial excellence, will be presented at an in-person event. Eminent leaders from the industry will be in attendance and they will discuss the hot-button issues impacting the ecosystem.
Sandhya Devanathan is Meta India’s new head; Amazon begins mass layoffs
Meta appointed Sandhya Devanathan as its India head on Thursday, a week after WhatsApp India chief Abhijit Bose left the technology firm, closely followed by Facebook’s director of public policy Rajiv Aggarwal. Devanathan’s appointment comes at a time when the Big Tech firm is undergoing major restructuring alongside mass layoffs.
WhatsApp Pay is the biggest tech product failure in India: BharatPe founder Ashneer Grover
Taking to Twitter, co-founder and former MD of fintech unicorn BharatPe Ashneer Grover said that given the messaging app’s reach, Whatsapp Pay should have beaten Paytm, PhonePe and Google Pay by now.
CEO Mark Zuckerberg all in on India: Nicola Mendelsohn, VP, Global Business Group at Meta
Referring to reports of Zuckerberg implementing a hiring freeze and considering a potential restructuring of the company, Mendelsohn said a large number of headwinds are impacting businesses all over the world.
Oracle fined $23M on bribery charges; Mahindra expects to triple biz with Rivigo acquisition
In a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds to bribe foreign officials, including those in the Indian Railways. The allegations are from the period between 2016 and 2019 when Oracle employees used deep discounts in different countries to further the use of their software.
Battery-swapping policy out soon; K’taka calls meeting on Infy’s non-compete clause
Bloomberg reports the government is also close to wrapping up a national battery-swapping policy for electric vehicles – a crucial part of India’s EV growth plans
Meta, Kalaari Capital partner to scale India’s early stage startups
Meta is partnering with the company as part of its 'VC Brand Incubator Initiative' for helping MSMEs grow in India
India can shape what metaverse will become globally: Meta's Ajit Mohan
India’s digital ecosystem looks dramatically different from 20 years ago with a strong base of entrepreneurs, capital inflow and innovations such as the Unified Paymens Interface, Meta Platforms's India head Ajit Mohan says.
Drive safe with Mumbai startup Motor Education and Training Academy's help
The training module, offered by META includes skills ranging from defensive driving, driving in different climates & training on road safety & rules.
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