The Lazy Lion's
AI Brief

Bengaluru's November weather is pulling off the classic Indian autumn move: delivering perfectly pleasant temperatures while simultaneously assaulting your lungs with microscopic particulates. It's like getting a first-class ticket on a flight that's actively on fire—sure, the ambient temperature is *chef's kiss*, but the air quality remains stubbornly in the 'poor' category, forcing residents into an awkward dance of enjoying outdoor weather while wearing masks like they're extras in a post-apocalyptic film.

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If deep tech startups were superheroes, the Department of Science & Technology (DST) would be their billionaire benefactor, gearing up to bankroll the next generation of Indian innovation. With a massive ₹1 lakh crore fund in the pipeline, DST isn’t just opening its wallet—it’s building an entire ecosystem where startups can leap from prototype to powerhouse. Forget the old days of begging for scraps; now, it’s all about strategic equity, long-term loans, and a robust Deep-Tech Fund of Funds that’s set to turbocharge India’s R&D ambitions.

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Lenskart's IPO story isn’t your typical Wall Street drama; it’s part startup hustle, part matrimonial comedy, and all about vision—both literal and metaphorical. Peyush Bansal, the CEO, lightened the mood by recalling how convincing top engineers to join a "chashma ka company" was a challenge, and amusingly how he had to assure his co-founder’s future father-in-law that an eyewear startup was a respectable place to marry off his daughter. This candid admission at the listing ceremony reveals the grounded, personal grit behind Lenskart's journey from a scrappy Gurgaon startup to a publicly listed tech-led eyewear giant.

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The $25 trillion global AI trade has been the dazzling marquee act of financial markets, driving tech valuations to stratospheric heights—until recently. Now, with the Bloomberg AI Index slipping about 4% from its peak after a blistering 34% rise in three months, the AI party is showing signs of fatigue. While this pullback might spook some, it could ironically be the reset button Indian equities need to shake off their worst-performing tag. In a world obsessed with AI winners like the US and China, India’s market, less embedded in the AI boom and more weighted in traditional sectors, stands poised for a strategic relief rally if global risk appetites shift back to emerging markets.

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Here's a story that flips the script on what it means to start small and dream big: a mother once making just Rs 500 a week now runs a business employing 15 people, all thanks to her son who, at just 17, stepped up to build and scale her enterprise. It's a classic underdog tale that combines grit, entrepreneurship, and family support, proving that youthful ambition can transform humble beginnings into thriving ventures.

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In the electrifying drama of battery technology, Ola Electric has hit back hard at allegations of using leaked tech from LG Energy Solution. The company’s hot take? Their 4680 Bharat Cell, distinguished by its advanced dry electrode technology and cylindrical form factor, is a leap beyond the older pouch cell format alleged to have been leaked. They dismiss the claims as "misleading and baseless," calling out what they see as a foreign rival's desperate attempt to undermine an indigenous breakthrough right as Ola’s cell hits commercial production.

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Groww's IPO just became the wealthtech sector's biggest validation ceremony, and suddenly every investor with a spreadsheet and dreams is treating it like a golden ticket to the future. The platform's successful listing (completed November 12, 2025, just one day ago) has triggered a cascade of funding deals across the wealth-tech space, proving that investors aren't just betting on one fintech darling—they're betting the entire sector has finally cracked the code on monetization and scale.[1][4]

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So much for the hype—Lenskart’s IPO was the talk of the town, with investors queuing up to get a piece of the action. But when the shares finally hit the market, the party fizzled out faster than a flat soda. Despite a 28x oversubscription and a sky-high valuation, the stock opened below its issue price, dipped sharply, and only managed to claw back to breakeven by the end of the day. It seems the market’s love affair with Lenskart cooled off the moment the trading bells rang, leaving analysts scratching their heads and investors wondering if they bought into a dream or a mirage.

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