Oil and Natural Gas Corporation is considering a new ₹200 crore alternative investment fund to incubate startups working at the intersection of energy and AI/ML. ONGC has invited applications to appoint two advisors for 12 months, tasked with due diligence, valuation negotiations, portfolio monitoring, and exit strategy. The move follows earlier ONGC startup funding and aligns with growing public-sector innovation in clean tech and industrial AI.
India’s power distribution sector is set for a Rs 11.2 trillion overhaul by 2035, with smart metering moving from hardware upgrades to measurable outcomes. The Central Electricity Authority says digital infrastructure, automation, and AI/ML will power intelligence-driven operations, boosting reliability, improving billing efficiency, and reducing losses, as India targets over 10 crore smart meters by FY27.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
India’s Global Capability Centre ecosystem is forecast to reach $98.4 billion by FY26, as companies shift from cost-focused delivery to AI-powered enterprise capabilities. The growth is being accelerated by AI integration, with nearly half of GCCs launched since 2021 designed around AI from the start, and more than 1,200 centers embedding AI/ML capabilities.
India’s e commerce and quick commerce sector is moving into a capability led hiring phase, with total talent demand climbing 35% from about 73,000 roles in 2023 to nearly 99,000 in 2025, per CIEL HR. Hiring is increasingly technology driven, focusing on software engineering, DevOps, and AI/ML roles as firms scale digital infrastructure and customer experience.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
