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Canva has introduced a new AI-powered video feature using Google’s Veo 3 model, allowing users to create short video clips with sound from text or voice prompts. Available to paid and nonprofit users, the company plans to expand access gradually. It also announced the acquisition of the startup MagicBrief.

The Competition Commission of India (CCI) has approved Delhivery’s acquisition of Ecom Express and Mahindra & Mahindra’s (M&M) acquisition of SML Isuzu. Delhivery will acquire a majority stake in Ecom Express for Rs 1,407 crore, enhancing its logistics solutions for the e-commerce sector. M&M will acquire a 58.

Reliance Defence has signed a strategic cooperation agreement with Germany’s Diehl Defence to manufacture Vulcano 155mm precision-guided munitions in India. A new facility in Ratnagiri, Maharashtra, will support this production, aligning with the government’s Make in India and Atmanirbhar Bharat goals. The partnership could generate ₹10,000 crore in revenue and marks Reliance’s fourth major global defence collaboration. With over 50% indigenous value addition, the deal strengthens India’s defence.

Biz2X, the digital lending software platform from Biz2Credit, has surpassed INR 14,000 crore in loan disbursements through its India operations in FY25, continuing its steady growth of 25-30 per cent year-on-year. The figure signals not just the rising demand for credit access but also the expanding influence of AI-powered fintech infrastructure in India’s lending landscape.