20 results found
NPCI's impending 30% market share cap for third-party UPI apps is set to drastically reshape India's digital payments landscape, challenging the dominance of PhonePe and Google Pay and fostering a more competitive and diversified ecosystem by November 2024.
India's spacetech sector is experiencing a significant boom, driven by government reforms and a surge in startups and funding. However, investors remain cautious due to long gestation periods, high capital needs, and regulatory uncertainties, seeking more patient capital and clearer market framework
Samsung has launched its AI Family Hub refrigerator in India, featuring AI Vision Inside for recipe suggestions and food management, alongside the One UI 9 update. This move marks a significant step towards intelligent home ecosystems in the Indian market, integrating AI into daily household routine
Peak XV Partners, a leading venture capital firm, has divested a significant portion of its stake in Indian fintech unicorn Groww, selling shares worth ₹1,756 crore. This move reduces their holding to approximately 14.2%, signaling a maturing market for India's rapidly growing financial technology s
Tata Consultancy Services (TCS) is actively recruiting experienced professionals across India for critical roles in Artificial Intelligence, Machine Learning, and Generative AI. This significant talent acquisition drive underscores India's strategic importance in the evolving global AI landscape and
Global semiconductor equipment giant Applied Materials is investing $5 billion in India over the next four years, significantly bolstering the nation's push to establish a robust semiconductor manufacturing ecosystem and solidify its position in the global chip supply chain.
Enterprise AI investment in India has skyrocketed by 119%, signaling a robust adoption wave. However, this rapid growth is outpacing the development of crucial AI governance frameworks, raising concerns about ethical deployment and risk management in the country's burgeoning AI landscape.
RentoMojo, the Bengaluru-based furniture and appliance rental startup, has successfully secured ₹376 crore from anchor investors, including notable names like Kotak Mahindra MF and Nexus Venture Partners, as it prepares for its much-anticipated initial public offering (IPO). This significant pre-IPO
Bengaluru-based Pixxel has raised $100 million in India's largest Series C funding for a space tech startup, bringing its total funding to over $150 million. This capital will accelerate the deployment of its hyperspectral imaging satellite constellation, providing critical Earth observation data fo
Indian startups secured over $469 million across 26 deals in a single robust funding week, signaling strong investor confidence, particularly in early-stage ventures and diverse sectors like EV, fintech, and SaaS. This significant capital inflow highlights the dynamism of India's innovation ecosyste
Venture capital giant Accel has successfully closed its ninth India-focused fund, an oversubscribed $550 million, signaling a strong doubling down on artificial intelligence startups in the rapidly evolving Indian tech landscape. This move underlines growing investor confidence in India's AI potenti
India's tech landscape is abuzz with significant developments, from Delhivery's strong Q1 results hinting at improved unit economics to Ola Electric's rebound, fueling anticipation for its potential IPO. These movements, alongside a growing list of startups eyeing public markets, underscore a maturi
Mitti Labs, an AgriTech startup, has raised $9.5 million to develop and deploy water-efficient solutions for rice cultivation, a critical step towards addressing India's escalating agricultural water scarcity.
Artificial intelligence is rapidly reshaping recruitment within India's Global Capability Centers (GCCs), streamlining processes and intensifying the hunt for highly specialized skills. This shift demands a strategic pivot from Indian tech talent towards niche expertise in AI, data, and cloud.
Boeing India is actively recruiting Associate AI/ML Engineers in Bengaluru to advance its predictive maintenance capabilities. This move highlights the aerospace giant's commitment to leveraging artificial intelligence for enhanced operational efficiency and safety in aviation.
Inc42's FY26 Financial Tracker provides an ongoing, in-depth analysis of India's startup ecosystem, monitoring the financial performance of hundreds of publicly listed, unicorn, soonicorn, and growth-stage companies. It offers crucial insights into revenue, expenses, profitability, and valuations, s
Bengaluru-based SuperLiving has successfully raised $7 million in a Series A funding round, led by Lightspeed. This significant investment will enable the healthtech startup to expand its AI-powered preventive healthcare platform, focusing on combating non-communicable diseases across India.
India's Ministry of Statistics and Programme Implementation (MoSPI) is set to develop an AI-powered platform to centralize and streamline access to official economic data. This initiative aims to address existing challenges in data accessibility, quality, and timeliness for researchers, policymakers
China is leveraging advanced AI to map, predict, and optimize its vast renewable energy grid, enhancing efficiency and stability amidst fluctuating supply and demand. This monumental undertaking offers critical insights and a potential blueprint for India's own ambitious green energy transition.
Indian sleeptech startup DUSQ has launched its SMART Sleep System on the US Kickstarter platform, marking a significant step for an Indian firm in the global health and wellness tech space. This innovative system aims to address sleep disorders through smart textile and AI integration.