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₹85,000 Temple: Deepinder Goyal’s wearable is a health-tech gamble
Deepinder Goyal’s ₹85,000 Temple wearable aims to track real-time body performance and brain blood circulation, but its technology lacks meaningful scientific validation. While doctors question its claims, the device could open new possibilities in preventive healthcare. Its long-term success may depend on credibility, clinical evidence and affordability.
From Rs 25,000 to Rs 2.5 crore: Three Pune brothers turn college kabada project into goldmine, sold 20 lakh kg scrap
Three Pune brothers have transformed a college project into a Rs 2.5 crore scrap collection business. Jayesh, Ganesh and Vaibhav Pakhale started ScrapDeal in Pune with an initial investment of just Rs 25,000. The startup has recycled 20 lakh kg of scrap, serves over 1 lakh individual customers and works with more than 100 businesses. The brothers are targeting Rs 5 crore in revenue in FY27.
Indian organisations on edge as sites fail to Captcha AI intruders
Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives.
Diwali rush lifts rapid delivery orders for last-minute shopping, gifting
Platforms such as Blinkit, Zepto, Instamart, Amazon Now and Flipkart Minutes revamped their apps for Diwali, introducing interactive interfaces, gamified rewards and other features to drive consumer engagement and orders.
Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.
STT Global’s India biz on the block; micro occasions power qcomm
KKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.
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Zomato to roll out price-masking ‘Mehmaan Mode’ for group orders after LinkedIn user’s suggestion
LinkedIn member Ayushmaan Agarwalla, a marketing manager, posted on the networking platform proposing a ‘Mehmaan Mode’ toggle that would remove prices from the app so a host could hand the phone around and let guests order without awkwardness.
Eternal vs Swiggy: How the numbers stack up against each other
In the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swiggy's Instamart, which reported Rs 6,553 crore. Meanwhile, Eternal's Zomato saw a healthy growth in net order value by 21.5%, compared to Swiggy's 17.7% increase. Swiggy is set to adopt an inventory model to boost profitability as both companies foresee ongoing growth in their delivery segments.
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 crore
Swiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company aims to enhance profitability while managing competition from rival services like Blinkit and Zepto. Instamart's contribution margin is projected to improve, and overall growth is anticipated over the coming quarters. Swiggy's core food delivery business remains strong, showing significant growth and profitability.
Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimates
The growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase in net order value (NOV) to Rs 20,940 crore. During the September quarter, Blinkit continued to aggressively add dark stores and expects to exceed its March 2027 target of 3,000 stores by 500.
Eternal’s Q2 profit rises; SBI flags customer data leak
Eternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.
Eternal’s District growing faster than planned but most exposed to agentic AI
Eternal's District platform is outpacing earlier growth forecasts, highlighting a robust market appetite. The net order value saw an impressive 58% increase year-on-year, although an adjusted EBITDA loss was noted. The company recognizes potential risks from agentic artificial intelligence to its operations. Furthermore, District is developing infrastructure for India's events economy via public-private partnerships. Overall, Eternal is committed to enhancing customer experiences and significantly expanding its service offerings.
Eternal’s Deepinder Goyal teases new AI product, Dark.ai
The company is expected to announce the product later on Wednesday. Details about Dark.ai, including its intended use cases and target customers, remain unclear. The Zomato and Blinkit parent reported a 92.3% on-year jump in net profit to Rs 125 crore in the second quarter of FY27. The company's revenue from operations rose 77.6% to Rs 24,138 crore.
Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 days
There is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold back; to buy better things or cheaper ones. This festive season, what these companies sell, and what they say about it afterwards, will tell you more about where consumption is headed than any official number. Watch them closely. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Karnataka gig workers seek implementation of welfare schemes
In a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers Union (KAWU) sought immediate rollout of health and accident insurance, income support during medical emergencies and temporary disablement, maternity benefits, scholarships for children of platform workers and an emergency distress fund.
Apple Pay in India: No PIN, no OTP; How iPhone users can make online and contactless payments
Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for users. With Axis Bank Visa and Mastercard credit cardholders now able to use Apple Pay, transactions can be completed effortlessly at various merchants. This innovative service ensures security while shopping online and in-store without the hassle of PINs or OTPs.
Apple Pay launches in India: Here's everything you need to know
In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a collaboration with Axis Bank. Users holding Axis Bank cards can easily enact contactless transactions. The process of adding cards is straightforward with the Wallet app or the Axis Bank app, with no need for PINs or OTPs.
Apple Pay India launched: How to set up payments, supported banks and cards, features and how it differs from UPI
Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment service allows for easy and secure transactions at various merchants across the country. Users can add their cards to the Apple Wallet through the Axis Bank app or the Wallet app. Apple Pay is designed to enhance security through tokenisation and device-level protections.
Apple Pay launches in India with Axis Bank credit cards
Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Bank and SBI Card, are currently not live on the service.
Apple Pay comes to India with Axis Bank Visa, Mastercard credit cards
Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their Visa and Mastercard credit cards to Apple Pay to facilitate these payments. The service provides a secure and private method for transactions without requiring PINs or OTPs. This launch marks a significant expansion in digital payment options available to Indian consumers.
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market
For decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credit growth and other official numbers, and then used them to work out whether households were spending more or pulling back. Those indicators still matter. But the Indian consumer has changed faster than the dashboard used to track consumption and spending patterns. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
AI agents take over online shopping: Ecommerce firms rethink pricing, verification
India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and transactions for consumers, forcing companies to rethink pricing, customer engagement and bot verification.
India vs West Indies 2026: Full ODI squad, ticket booking, ticket prices, live streaming details
Ind vs WI ODI squad 2026, ticket booking: India vs West Indies 2026 series will feature three ODIs and five T20Is from September 27 to October 17. Check the complete ODI and T20I squads, match schedule, T20 ticket booking details, ticket prices, and live streaming platforms in India.
A Rs 99 bet: India’s QSRs rethink the value game
India's quick-service restaurants are implementing a Rs 99 price point to attract more customers. KFC, McDonald's, and Burger King are focusing on value meals and beverages to drive traffic. The Rs 99 meals aim to entice first-time visitors while creating upselling opportunities. There are concerns regarding the impact of lower average bills on overall profitability. The shift includes innovative approaches like vending pods and targeted advertisements to capture consumer interest.
iPhone 18 Pro Max review: Built for creators, refined for everyone
The iPhone 18 Pro Max focuses on practical upgrades for creators, with a variable-aperture camera, stronger sustained performance and longer battery life. While the design and display remain familiar, new iOS 27 features add to the experience, but with a starting price of ₹1,79,900, the biggest question is whether these improvements justify upgr
Rs 12,000 iPhone EMI, Rs 16,500 Mumbai rent: 25-year-old Mumbai founder reveals the real cost of living independently in the city
A 25-year-old Mumbai founder, Jahnvi Shah, has shared her monthly expense breakdown in an Instagram video, revealing regular spending of around Rs 52,000. Her costs include Rs 16,500 for rent, Rs 12,000 for an iPhone EMI, Rs 8,000-Rs 10,000 on groceries and food delivery, up to Rs 6,000 on commuting, and other utility and subscription expenses. She said the amount does not include savings, shopping, travel, eating out or unexpected costs.
Gig workers turn to tax filing as TDS refunds offer cash, financial records
Gig platforms are integrating tax filing assistance into their apps. Many delivery partners receive tax refunds after deductions at source. This service helps workers establish formal financial records for credit applications. Platforms like Zomato and Swiggy facilitate these filings for numerous partners. This shift signifies growing tax compliance within India's gig economy.
Amazon Alexa+ launches in India at ₹2,000/month: Leadership on AI, privacy and what’s next
Amazon has launched Alexa+ in India, adding generative AI, personalised conversations and task-performing capabilities to Alexa. Available under Early Access from September 16, it supports Hindi and Hinglish and can work across smart-home devices, Amazon services and partner platforms. Alexa+ will be free for Prime members after Early Access, while other users can access it through paid plans.
Amazon launches Alexa+ in India with generative AI, Hinglish and smarter voice controls
Amazon has launched its generative AI-powered Alexa+ assistant in India. This new version offers more conversational voice interactions and personalized responses. Alexa+ understands natural conversation and can perform various everyday tasks for users. It is designed to recognize Indian languages and cultural references effectively. The service is currently available for eligible customers under an early access program.
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