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India Tech Report: Daily Morning Brief
Hari Arakali
58 episodes
3 weeks ago
Daily brief on deep tech and climate tech news from India and around the world, every week day. indiatechreport.in
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Daily brief on deep tech and climate tech news from India and around the world, every week day. indiatechreport.in
Show more...
News
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India data centre tax breaks, a new Menlo partner, and rumblings of an AI bubble
India Tech Report: Daily Morning Brief
8 minutes 3 seconds
1 month ago
India data centre tax breaks, a new Menlo partner, and rumblings of an AI bubble

India plans 20-year tax exemption, GST credits to boost data centres
The Indian government may grant a 20-year tax exemption and GST credits to supercharge investment in domestic data centres, Moneycontrol reports. This policy aims to attract global hyperscale players, cut costs, and accelerate infrastructure for digital services, cloud computing, and AI. The move could transform India's data centre landscape with incentives for long-term growth and sustainability


Tata Technologies acquires Germany’s ESTEC for ₹750 crore to expand in Europe

Tata Technologies has acquired German company ESTEC for ₹750 crore, enhancing its capabilities in advanced driver assistance systems (ADAS) and comfort electronics, Economic Times reports. The deal supports Tata Tech’s European growth strategy, strengthens its joint venture with BMW, and will immediately boost profitability. The acquisition comes without headcount cuts, with team expansions planned in Germany, Morocco, and India.


Indian scientists create foldable, eco-friendly aluminum battery for future devices
Researchers at CeNS and IISc Bengaluru have developed a flexible, safe, and eco-friendly battery using aluminum and a water-based solution to replace lithium-ion batteries, according to a press release. Their innovation features a copper hexacyanoferrate cathode and molybdenum trioxide anode, delivering stable performance even while bent. The battery maintains over 96 percent power after 150 cycles and promises safer smartphones, EVs, and smart wearables.


QuiX Quantum raises €15m to build Europe's first universal quantum computer
QuiX Quantum, based in the Netherlands, secured €15 million in Series A funding to deliver its first-generation universal photonic quantum computer in 2026, Oost NLreports. Their system promises room-temperature scalability and enhanced capabilities for sectors like healthcare, IT, and advanced manufacturing. The funding strengthens Europe’s quantum tech ecosystem and aims for fault-tolerant quantum computing breakthroughs.

NUS Enterprise launches new VC partnerships and Stanford tie-up to boost startups
NUS Enterprise has expanded its venture capital programme with two new co-investment partnerships totalling S$20 million, and began a S$2 million pilot collaboration with Stanford University, Business Times reports. The initiatives aim to connect NUS spin-off startups to global investment, reinvest profits in education, and strengthen deep-tech innovation. Students will gain hands-on experience tackling industry challenges with world-leading mentors.


Stargate Hydrogen, RDI sign MoU to boost Saudi green hydrogen innovation
Stargate Hydrogen, in Estonia, has signed a Memorandum of Understanding with Saudi Arabia’s Research, Development, and Innovation Authority to accelerate green hydrogen innovation in the Kingdom, Hydrogen Central reports. The agreement includes setting up Stargate’s regional headquarters in Riyadh, collaborating with Saudi academic and manufacturing partners, and advancing local technology transfer, all supporting Saudi Vision 2030 and deep-tech sustainability goals.


CerraCap Ventures invests in Enginius.ai to advance secure AI for engineering
CerraCap Ventures has backed Enginius.ai, an AI platform delivering bespoke solutions for regulated industries like aerospace and pharma, the firm said in a press release. Enginius integrates large language models with enterprise-grade security and specialized assistants for technical search, documentation, review, and simulation. The tools accelerate engineering workflow while ensuring compliance, accuracy and data security, supporting complex product development across sectors.


Cailabs secures €57m to scale photonics, ramp up ground station output
French photonics startup Cailabs has raised €57 million in a funding round led by the European Investment Bank and top European investors to accelerate industrial scale-up, Silicon Canals reports. The investment will help produce up to 50 optical ground stations annually by 2027, expand international operations, and advance next-gen laser communications for space, defense, and commercial networks.


Byome Labs raises €3.6M for instant microbiome-based skincare solutions
Byome Labs, a French deep-tech startup, has raised €3.6 million to industrialize production of its Byome Derma kits, enabling instant, point-of-sale skin microbiome testing for personalized recommendations, Silicon Canals reports. The technology offers AI-powered suggestions using antigenic strips and will be integrated as a white-label solution for brands, with international rollout planned for 2026 and expanded R&D hiring.


Supercritical names ex-BP executive Siobhan Clarke as chair to drive green hydrogen
Supercritical, a UK-based innovator in high-pressure electrolyser technology for green hydrogen, has appointed Siobhan Clarke, former BP and Cisco executive, as Chair to lead its next growth phase, Fuel Cells Works reports. Clarke’s leadership comes as Supercritical prepares for a major pilot in 2027, targeting scalable, cost-effective hydrogen production for industry decarbonization.


Menlo Ventures promotes Deedy Das to partner after AI investing successes
Menlo Ventures has promoted Deedy Das to Partner, recognizing his achievements in launching the $100M Anthology Fund with Anthropic and driving early-stage AI investments like Goodfire and OpenRouter, the VC firm, famous for its exits from Uber, Siri and Tumblr, said in a post on its website. Das, with prior roles at Facebook, Google, and Glean, is known for technical depth and influence in the AI community, co-authoring key LLM market analysis and gaining wide following among founders and engineers.


OpenAI chair Bret Taylor says AI is a bubble, but predicts lasting value

OpenAI board chair Bret Taylor, echoing CEO Sam Altman, believes the industry is in an AI bubble where many will lose money, similar to the dot-com era, TechCrunch reports. However, Taylor insists AI will transform the ...

India Tech Report: Daily Morning Brief
Daily brief on deep tech and climate tech news from India and around the world, every week day. indiatechreport.in