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Tech

From ‘vibe coding’ to chips: AI tooling and semiconductor bets gain momentum in India’s tech pipeline

Two separate fundraising moves underline where India’s tech momentum is building: AI-first developer tooling and semiconductor innovation. Emergent, an AI software creation platform, has raised $70 million in a Series B to expand product development and engineering, including in Bengaluru. Meanwhile, Raana Semiconductors has raised $3 million in seed capital as it targets indigenous semiconductor capability. Together, the deals reflect a broader shift from pure consumer internet narratives to infrastructure-grade technology—software productivity layers and strategic hardware that supports long-term digital and industrial resilience.

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Tech

India’s tech hiring cools: Active job openings drop 24% YoY, report says

India’s technology hiring started 2026 on a softer note, with active tech job openings falling about 24% year-on-year to roughly 1.03 lakh roles, according to Xpheno. The report points to prolonged demand weakness since late 2022, even as some pockets like GCCs show relative resilience.

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WEF 2026: KPMG flags India’s semiconductor and AI push, cites fabs approvals and deep-tech R&D funding

A KPMG note around World Economic Forum 2026 highlighted India’s semiconductor and AI momentum, pointing to approvals for multiple fabrication plants, government allocations for deep-tech R&D, and ecosystem building across design, testing, packaging and talent. The messaging frames semiconductors as strategic infrastructure and AI as a growth lever across industries.