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Happy Thursday! The government has eased entry requirements for GPU bidders in its efforts to procure 10,000 GPUs under the IndiaAI Mission. However, pricing remains a concern. Also, Lenskart CEO Peyush Bansal emphasized the importance of growth and supply chain capacity in expanding India's eyewear market. Nykaa reported a 28% increase in Q2 revenue, while Freshworks CEO Dennis Woodside noted increasing selectivity in AI software spending. BharatPe appointed Mohit Mittal as head of investments for its wealth management business.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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