Amazon India has launched a dedicated AI Store to help customers discover and shop AI-powered electronics across categories such as smartphones, laptops, TVs, and appliances.

The platform features curated products with clear explanations of AI capabilities, addressing growing consumer demand. Amazon said searches for AI-enabled devices have risen 60% year-on-year, with strong traction from tier-2 and tier-3 cities.

The store highlights practical AI benefits like enhanced battery life, real-time image upscaling, and personalised health insights. The initiative aligns with Amazon's strategy to simplify tech adoption and improve purchase decisions, while making AI-powered devices more accessible across India's expanding digital consumer base.

ClearTax secures UAE E-Invoicing accreditation

ClearTax has been approved as an Accredited Service Provider under the UAE's e-invoicing framework, ahead of the July 2026 compliance deadline.

The company aims to support enterprises in transitioning from reactive tax processes to continuous compliance using AI-driven systems. Leveraging global experience across India, Saudi Arabia, and Europe, ClearTax offers solutions focused on data accuracy, automation, and audit readiness.

The company has also expanded its UAE infrastructure and local teams to ensure compliance with data residency requirements. ClearTax said e-invoicing is evolving beyond compliance into a strategic capability, as governments increasingly use AI to monitor transactions and enforce tax regulations.

Jio enters tax filing market with budget plans as rival ClearTax cuts jobs

Bijliride targets Rs 44 Cr revenue as EV mobility demand grows

Electric mobility platform Bijliride reported revenue growth from Rs 10 crore in FY24 to Rs 18 crore in FY25 and is targeting Rs 44 crore in the coming years.

The company plans to scale its fleet to 10,000 vehicles while achieving over 20% EBITDA. Growth is driven by rising demand for electric two-wheelers in last-mile delivery and rental segments, supported by e-commerce expansion.

Bijliride operates a hub-and-spoke model with 92% fleet utilisation and is expanding through a franchise-led approach. Investments in technology, battery optimisation, and strategic partnerships are enhancing efficiency. The company aims to strengthen its presence in existing markets while expanding selectively.

Mangal Keshav launches Veer Growth Fund targeting pre-IPO opportunities

Mangal Keshav Financial Services LLP has launched Veer Growth Fund, a Category II AIF focused on investing in pre-IPO companies, anchor rounds, and special situations.

The fund targets firms with revenues above ₹100 crore that are profitable or near break-even, with a defined IPO timeline. It aims to capture value before listing, addressing limited alpha opportunities in secondary markets. Investment decisions will follow a structured framework evaluating growth, governance, and pricing discipline. Portfolio exposure is capped to ensure diversification.

The fund will source deals through institutional networks and VC secondaries, offering investors access to segments typically unavailable to retail participants. The initiative reflects growing interest in late-stage private market investments.

Aurionpro launches AI-native trade finance platform 'Fintra'

Aurionpro Solutions has launched Fintra, an AI-native trade finance platform designed to automate document-heavy banking workflows.

Built on the company's Aurion AI stack, Fintra deploys specialised AI agents for document processing, compliance checks, risk scoring, and clause recommendations, while maintaining human oversight through a Confidence-Gated Handoff Protocol.

The platform addresses inefficiencies in trade finance, where manual processes often lead to high rejection rates. With full integration into core banking systems, Fintra enables improved accuracy, faster processing, and enhanced governance.

The solution is available for pilot deployments across India, the Middle East, and Southeast Asia, as banks increasingly adopt AI to modernise legacy financial infrastructure.

NetApp expands Google Cloud partnership for sovereign AI infrastructure

NetApp has expanded its collaboration with Google Cloud through a four-year enterprise agreement to deploy its storage solutions within Google Distributed Cloud's air-gapped environment.

The partnership aims to support government and regulated sectors requiring secure, sovereign cloud infrastructure for AI workloads. NetApp's data platform will enable organisations to process sensitive data locally while maintaining compliance and security.

The solution integrates AI capabilities with zero-trust architecture and encrypted data management. The collaboration reflects growing demand for sovereign AI infrastructure as organisations balance innovation with regulatory requirements. The offering is expected to help public sector entities modernise operations while maintaining strict control over data environments.

GNA Energy enters coal trading with Bharat Coal Exchange Venture

GNA Energy has incorporated Bharat Coal Exchange Pvt Ltd (BCX), marking its entry into the coal exchange sector with an initial ₹100 crore investment. The venture aims to build a technology-driven platform for transparent coal trading and improved price discovery.

BCX will seek regulatory approvals from the Coal Controller of India and operate under the Coal Exchange Rules, 2025. India's coal market, largely driven by long-term contracts and bilateral deals, currently lacks pricing transparency. GNA Energy said the platform will enhance efficiency and competitiveness in the ecosystem.

The move expands the company's footprint beyond power trading into broader energy market infrastructure.

Blackcoat AI launches legal workspace to streamline research and drafting

Blackcoat AI has introduced an AI-powered legal workspace designed for lawyers, corporate teams, and law students.

The platform integrates research, drafting, multilingual capabilities, and collaboration tools into a unified system built on Indian legal datasets. It aims to reduce research time by up to 95% while improving accuracy and productivity. Features include precedential search, document comparison, and AI-driven insights.

The platform also enables team collaboration through shared digital workspaces. Positioned as a support tool rather than a replacement, Blackcoat AI reflects growing adoption of AI in legal services, as professionals seek to streamline workflows and handle increasing case volumes efficiently.

BNW Developments unveils campaign featuring Yuvraj Singh

BNW Developments has launched a new brand campaign featuring cricketer Yuvraj Singh, highlighting themes of perseverance and self-driven success. The campaign, titled "Against All Odds," draws parallels between Singh's career journey and the company's growth in the UAE real estate sector.

Moving beyond traditional endorsements, the film focuses on storytelling and shared values of resilience and ambition. BNW said the partnership aligns with its vision of building a legacy-driven brand in luxury real estate.

The campaign also reinforces the company's association with cricket through initiatives like the BNW Legends Cup, aimed at engaging the broker community and strengthening brand positioning.

ASMS partners UAL Biotech to promote sustainable agriculture

Avio Smart Market Stack Limited (ASMS) has signed an MoU with Singapore-based UAL Biotech to promote sustainable agriculture and rural development.

The collaboration will combine ASMS's rural digital network, reaching over 40 million farmers, with UAL's bio-based agricultural solutions. The partnership will focus on regenerative farming practices, improving soil health, and reducing chemical usage. Initiatives include farmer training, advisory services, and pilot projects to demonstrate impact.

The companies also aim to build traceable, chemical-free supply chains and adopt data-driven farming practices. The collaboration highlights the growing convergence of digital infrastructure and biotechnology in driving sustainable agricultural transformation and long-term rural economic growth.

MOVA Partners eTrade to expand AI smart appliance presence in India

AI-driven smart home brand MOVA has partnered with eTrade to scale its presence in India's growing smart appliance market.

The collaboration will focus on strengthening MOVA's digital retail footprint, particularly on Amazon India, while enhancing inventory management and customer experience. As part of its expansion, MOVA plans to launch AI-powered robotic vacuum cleaners priced between ₹14,999 and ₹89,999.

The company aims to tap rising demand driven by urbanisation and digital adoption. eTrade will provide end-to-end e-commerce support, enabling data-driven growth. MOVA said India is a strategic market and the partnership will help position it as a leading smart cleaning brand in the country.

Procol enables Rs 7.3 Cr savings for Gopal Snacks through AI procurement

Procol, an agentic AI procurement platform, has helped FMCG firm Gopal Snacks achieve savings of over rs 7.3 crore in 1.5 years by digitising and streamlining procurement operations.

The company implemented an AI-powered sourcing suite enabling end-to-end RFQ management, transparent e-auctions, and real-time spend visibility. Previously reliant on fragmented systems like emails and spreadsheets, Gopal Snacks improved vendor participation and decision-making through structured workflows.

The transformation also allowed the firm to digitise its procurement cycle within 21 days and manage over Rs 500 crore in spend efficiently. Procol said the shift reflects how AI-driven procurement is evolving from a cost centre into a strategic function delivering measurable business impact.

Flipkart Foundation Wins 'Best Skill Development Initiative' at UBS CSR Summit & Awards 2026

The Flipkart Foundation has been recognised with the 'Best Skill Development Initiative' award at the 16th CSR Summit & Awards 2026 by UBS Forums.

Over the past three years, the programme has trained over 9,000 individuals, with nearly 60% placement rates and average monthly earnings of over Rs 13,000, positively impacting more than 28,000 family members.

Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution.

Flipkart Group CFO Sriram Venkataraman steps down

Shobitam acquires Kalaneca

D2C ethnic wear brand, Shobitam on Friday acquired Kalaneca, the brand behind the revival and recognition of the exquisite Uppada Jamdani saree.

The deal brings Kalaneca's network of 135 weavers from Andhra Pradesh into Shobitam's existing base of about 810 artisans across India.

Kalaneca was founded in 2014 by twin sisters Ramya R Chavalii and Kavea R Chavali, who promoted Uppada sarees through direct artisan partnerships, so much so that now, Kalaneca is a name trusted by saree lovers who refuse to compromise on provenance or craft.

(The copy will be updated with latest news)