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Ahmedabad-based AI startup Rocket (formerly DhiWise), a platform helping developers build applications faster, is reportedly in advanced talks to raise $40-50 million in a new funding round. This potential investment highlights significant investor confidence in India's rapidly growing AI-powered lo
Former Infosys CEO Vishal Sikka has unveiled Hang Ten Systems, an AI startup focused on enterprise AI infrastructure, securing a significant $32 million in seed funding. This move marks Sikka's return to the tech leadership forefront, aiming to address critical challenges in deploying AI for large o
India is gearing up to launch its National Science AI Research Institute by June 2026, a pivotal move poised to significantly boost the nation's capabilities in artificial intelligence research, innovation, and talent development. This initiative marks a crucial step in cementing India's position on
Hyderabad-based Equal AI has successfully secured $30 million in Series B funding, signaling a significant boost for the startup's mission to rapidly scale its innovative AI-powered call assistant application and strengthen India's position in the global AI landscape.
Glimmora International has achieved a Guinness World Record for orchestrating the largest 24-hour AI platform development hackathon in India, a monumental feat that highlights the nation's burgeoning talent and accelerated pace in artificial intelligence innovation.
India's startup ecosystem has shown significant recovery, securing $128 million in funding with fintech firms spearheading the revival by attracting $76 million. This rebound, driven by early-stage investments, signals renewed investor confidence and robust growth opportunities across diverse sector
Major financial maneuvers in India's startup scene include Madison India Capital's partial exit from Pine Labs for ₹357 Cr and Elevation Capital's ₹630 Cr Paytm share sale. Meanwhile, Gabit raises ₹36 Cr for expansion.