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Paytm Eyes New Horizons With Enterprise AI & Wallet Revival

Paytm plans to commercialise internal AI solutions, pursue the revival of its wallet business and focus on wealth management as the company's next major area of expansion.

Why it matters

Paytm's new strategy reflects a broader shift in its business model, with enterprise AI and wealth tech emerging as new frontiers for the company to write its next chapter of growth.

inc42.com
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Commodities

India Keeps Buying Russian Oil at Near-Record Pace Despite Expired Waiver

India has maintained its robust imports of Russian crude oil, nearing peak volumes, even after a U.S. sanctions waiver expired. This continued trade highlights India's strategic energy procurement and its role in sustaining Russia's oil revenues amidst Western sanctions, complicating efforts to isolate Moscow economically.

oilprice.com
India

E2E Networks Reports ₹44 Cr Profit In Q1, Revenue Zooms 3.3X YoY

E2E Networks' Q1 FY27 results reflect growing demand for domestic AI cloud providers, with the company's operating revenue more than tripling YoY. The company's GPU infrastructure expansion and strong utilisation across its fleet reflect robust demand from the AI ecosystem.

inc42.com
Robotics

IEEE Program Helps Girls In India See a Future In STEM

The IEEE Program Helps Girls In India See a Future In STEM aims to increase access to STEM education for rural Indian girls by providing hands-on projects and role models. The program was launched by IEEE Fellows Rajiv Joshi and Rajesh Zele.

spectrum.ieee.org
India

Wealthtech Startup Veriqus Raises ₹387 Cr To Build AI-Led Investment Platform

Veriqus, a wealthtech startup, has raised ₹387 Cr in a funding round led by Norwest. The startup plans to build an AI-led investment platform, offering wealth management, asset management, advisory, and lending services. It aims to expand into Tier-II cities and provide institutional-quality advice to entrepreneurs, business owners, and multi-generational families.

inc42.com

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