Nvidia, Accel, HCLTech eye Sarvam’s $250M round; InstaHelp, Snabbit and Pronto’s funding sprint; and UPI continues its robust growth but subsidy friction persists | MC Tech3
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In today’s Tech3 from Moneycontrol, Sarvam is in talks to raise up to $250 million from Nvidia, Accel and HCLTech, marking a major moment for India’s AI ecosystem. We also track rising investor interest in instant home services startups like Snabbit and Pronto. UPI continues its rapid growth toward 240 billion transactions, even as subsidy concerns persist. And finally, India’s media and entertainment industry crosses Rs 2.7 lakh crore, led by digital.
