20 results found
Indian drone manufacturer ideaForge has announced a significant return to profitability, reporting a net profit of ₹6.5 Cr in Q2 FY24. This turnaround, following a loss in the previous quarter, signals strong operational momentum and renewed investor confidence in India's burgeoning deep tech and dr
Bengaluru-based Nova Spectral AI has raised ₹21.2 Cr (approximately $2.5 million) in a pre-seed funding round to develop cutting-edge indigenous infrared sensor chips, marking a significant step towards India's self-reliance in critical deep tech hardware.
Indian deeptech and AI startups are experiencing a significant surge in funding and government support, highlighted by the ₹10,000 crore IndiaAI program and major investments in homegrown unicorns like Krutrim AI and Sarvam AI. This momentum is positioning India as a formidable global AI innovation
Amaravati, Andhra Pradesh, is set to host India's inaugural quantum computer by February 2027, marking a significant milestone in the nation's deep-tech journey. This strategic move by the Andhra Pradesh government aims to establish the state as a leading hub for advanced technologies, driving innov
An IIT Madras-backed DeepTech India fund has successfully raised ₹453 Crores in its initial close, aiming for a ₹2,000 Crores corpus to propel Indian startups in AI, advanced materials, and biotechnology sectors, significantly boosting indigenous innovation.
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
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.
The Tripura government has initiated a pioneering AI learning program for students in its government schools, aiming to foster digital literacy and prepare the youth for a future driven by artificial intelligence. This marks a crucial step in integrating advanced tech education at the foundational l
QNu Labs, an Indian quantum cybersecurity startup, has secured ₹200 Crore (approx. $24 Million) to significantly scale its R&D efforts. This major investment underscores India's growing focus on deep tech and securing critical digital infrastructure against emerging quantum threats.
Anthropic has unveiled a new 'tool use' framework, enabling its AI models like Claude to interact with and control physical machines. This development shifts AI beyond mere conversation, opening doors for advanced automation and real-world task execution, particularly impactful for India's industria
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.
The United States is intensifying its push for allies to align with its strategy in the global AI supremacy race against China, a move that could force nations like India to make critical choices impacting future technology partnerships, supply chains, and its own burgeoning AI ecosystem.
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
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.
India is significantly boosting its indigenous AI capabilities with the ambitious Rs 10,371.92 crore IndiaAI Mission, a strategic move towards AI sovereignty that emphasizes self-reliance in compute, data, and the crucial development of safe, trusted, and responsible AI systems.
Solos has unveiled its AirGo A6 smart glasses, emphasizing a lightweight, camera-less design that prioritizes user privacy. These glasses integrate an AI assistant for hands-free utility, aiming for broader adoption beyond niche AR applications by focusing on audio-first interaction and discretion.
India's Centre will now subsidize AI chips for government and academic institutions, expanding upon existing support for startups. This strategic move aims to accelerate indigenous AI development, reduce reliance on foreign hardware, and build a self-reliant high-performance computing ecosystem with