India is planning a vast AI-focused data city around Visakhapatnam, led by Andhra Pradesh with $175 billion in projects, including Google’s $15 billion AI hub and an $11 billion Reliance-Brookfield-Digital Realty data center, targeting six gigawatts of capacity to boost AI infrastructure and foreign investment.
Indian Govt. Approves ₹10,000 Crore Startup India Fund of Funds 2.0 to bolster the startup ecosystem
India clears Startup India Fund of Funds 2.0 with a Rs 10,000 crore corpus, channelling capital via SEBI-registered AIFs into deep tech and innovative manufacturing startups to expand venture funding, strengthen smaller funds, and support the Viksit Bharat @2047 vision.
NPCI International and PayNet have linked India’s UPI with Malaysia’s DuitNow QR, enabling INR-MYR QR payments for tourists and cutting FX costs.
Anthropic’s $30 billion Series G round, led by GIC and Coatue, values the AI company at $380 billion. With $14 billion in annualized revenue and Claude Code driving 4% of global GitHub commits, Anthropic deepens ties with Microsoft and NVIDIA as it ramps up frontier AI research and enterprise products.
Union Minister Piyush Goyal urges India’s MedTech startups to scale globally by leveraging new free trade agreements, wider market access, and government support for innovation, IP, and talent development.
Flipkart is preparing a Bengaluru food delivery pilot, weighing a standalone app versus ONDC integration. Backed by its Minutes quick commerce network and 800+ dark stores, the Walmart-owned giant is positioning for a 2026 IPO while challenging Swiggy and Zomato in India’s $25 billion food delivery market.
India has granted in-principle clearance for Direct-to-Mobile broadcasting, advancing plans to beam TV content to phones without internet. With Prasar Bharati trials in 19 cities and Ernst & Young drafting a national roadmap, D2M could narrow the digital divide even as Reliance Jio, Bharti Airtel, and Vodafone Idea raise spectrum and transparency concerns.
RBI doubles the collateral-free loan limit for Micro and Small Enterprises from Rs 10 lakh to Rs 20 lakh, with scope up to Rs 25 lakh for strong borrowers and coverage under the Credit Guarantee Scheme, aligning with Union Budget 2026–27 support for India’s MSME sector.
India is drawing two new AI server manufacturing plants as Ashwini Vaishnaw touts up to $200 billion in data center investment, long-term tax breaks, and expanding GPU capacity under AI Mission 2.0.
India’s first Quantum Valley Hub in Amaravati will host a 133-qubit quantum computer, unite IBM, TCS, L&T and others, and power applications from agriculture to cybersecurity under the National Quantum Mission.
