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AUM Ventures has launched a substantial Rs 750 crore (approximately $80 million) fund dedicated to fostering India's burgeoning deeptech, AI, semiconductors, and defence startup ecosystem, signalling a robust commitment to indigenous innovation.
Bengaluru-based space tech firm SatSure has secured a $2.6 million grant from USAID and partners to develop AI-powered Earth observation models, focusing on climate-smart agriculture and sustainable land management crucial for India's food security.
The Haryana government has launched a pioneering AI Sandbox initiative in Gurugram, targeting five critical sectors: healthcare, agriculture, urban development, manufacturing, and IT/ITeS. This move aims to position Gurugram as a leading AI innovation hub, fostering homegrown solutions.
India's tech job market is witnessing a significant slowdown, driven by global economic uncertainties and the rapid adoption of AI. This shift is reshaping hiring priorities, pushing companies towards specialized skills while impacting traditional roles across IT services and startups.
Fairdeal.Market has successfully raised $15 million in a new funding round to significantly scale its B2B quick commerce platform. This investment will fuel operational expansion, enhance its technology infrastructure, and strengthen its presence in the rapidly growing Indian market for small and me
Indian fintech giant Paytm is set to invest €9 million to significantly expand its European operations, signaling a robust international growth strategy. This move positions Paytm to deepen its global footprint and offers crucial insights for India's burgeoning tech ecosystem.
Indian healthtech startup Gabit has secured ₹36 crore (approximately $4.3 million) in a funding round led by Surge and Factorial Founders. This investment will fuel the expansion of its wearables and AI-powered skincare segments, marking a strategic push towards becoming a comprehensive wellness pla
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.