STARTUPS
May 12, 2026
PhonePe Launches UPI-Powered Credit Line for Small Merchants
PhonePe uses UPI transaction data to offer instant credit lines to kirana stores — no credit score required.
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The latest from India's startup and technology ecosystem
AI & ML
May 12, 2026
India’s AI Chip Ambitions: IIT Madras Partners with ISRO on Indigenous Processor
IIT Madras and ISRO join forces to build India's first AI inference chip based on RISC-V architecture, targeting edge AI applications.
FUNDING
May 12, 2026
Zepto Raises $340M Series G, Valuation Crosses $5 Billion
Quick commerce giant Zepto closes $340M Series G, crosses the $5 billion valuation mark as competition in 10-minute delivery intensifies.