14 results found
India is significantly boosting its AI capabilities with the rollout of 20,000 new GPUs and a massive ₹1 lakh crore innovation fund under the IndiaAI Mission. This strategic move aims to democratize access to high-performance computing and foster deep tech innovation across the nation.
India is making significant strides to establish itself as a global technology leader by aggressively boosting its semiconductor manufacturing capabilities and fostering an 'AI for all' ecosystem built on its Digital Public Infrastructure.
Discovered Materials, a deep tech startup founded by IIT Madras alumni, has successfully raised $9 million in funding to advance its work on innovative materials crucial for next-generation AI semiconductor chips. This significant investment underscores the growing importance of material science in
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
Bengaluru-based enterprise AI startup Kily has secured ₹30 crore in a seed funding round led by Sorin Investments to revolutionize commerce automation. This significant investment underscores the growing confidence in AI's potential to streamline operations for large retailers and brands in India an
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.
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.