Tech & Internet
WhatsApp may soon move business messages to separate 'Offers & Updates' folder
WhatsApp is testing a new feature to organise user inboxes. Large business messages will move to an "Offers & Updates" folder. This aims to declutter main chat lists for a cleaner experience. Users can disable this feature through the app's settings. The rollout timeline for this new functionality remains unknown.
Zepto pauses IPO, announces pre-IPO funding round
Quick commerce firm Zepto has postponed its initial public offering plans. The company cited its strong balance sheet and focus on execution for this decision. Zepto reported significant cash reserves as of March 31, 2026. This move follows discussions where public market valuations fell below expectations. The startup will update its draft prospectus with upcoming financial results.
ETtech Explainer: Inside Zepto's IPO U-turn
Zepto has paused its IPO and plans to refile its draft papers after two to three quarters. The decision follows months of valuation negotiations, investor pushback and shifting market conditions. Here's a look at the key events, from its confidential filing to the final decision, that led to the pause.
UPI volumes hit record high in July, nears Rs 30 lakh crore
Compared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July data also signals a further increase in low-value transactions, with the average daily transaction amount at Rs 96,383 crore from Rs 96,405 crore in June. The average daily transaction count rose marginally to 763 million transactions.
Tata talks subassembly production with ASML
ASML is the world’s sole supplier of extreme ultraviolet (EUV) photolithography machines required for producing the most advanced semiconductor chips. “Tata Electronics and ASML are looking into how they can strengthen their partnership by boosting localisation in India,” one of the people cited above said.
Strategic chip design plan in two weeks: ISM chief
The designing of chips in these specific categories will be eligible to receive enhanced financial subsidies through grants, co-investments and royalties, announced in the second iteration of the semiconductor mission. The Centre will take minority equity stakes in Indian semiconductor startups matching investments by whitelisted private venture capital funds. It will match the investments made in semiconductor design by whitelisted, deep tech funds
DLI 2.0 to widen financing options for chip design companies
The Design-linked Incentive scheme's second edition may offer significant financial support. Eligible startups and MSMEs could receive seed funding up to fifteen crore rupees. Government equity participation is also proposed alongside private investors for companies. Royalty financing and equity co-investment are options for other firms. The scheme aims to boost domestic semiconductor design capabilities and market access.
NXP in talks to buy chip developer Ambarella: Report
Shares of Ambarella, with a market capitalization of $3.25 billion, jumped nearly 17%, while NXP fell over 3% following the report.
Samsung selects 100 teams in India for innovation, education challenge
Samsung has chosen one hundred teams for its innovation competition. Top four teams will receive incubation grants totaling two crore rupees. Innovators hail from diverse locations across India, including smaller cities. This selection highlights the expanding reach of innovation beyond major metropolitan areas. Talent and entrepreneurial ambition are flourishing nationwide, the company stated.
Zepto defers listing, to refile IPO papers after two quarters: CEO Aadit Palicha tells employees
People familiar with the discussions said the IPO pricing received from large institutional investors for Zepto’s anchor book was in the $2.5-3 billion range. This marked a further reduction from the $3.5-4 billion valuation that was being discussed earlier in July, and was significantly below the $7 billion valuation at which the company raised its last private funding round in October last year.
