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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.
Spotify and Universal Music Group are teaming up to let fans create AI-powered song remixes and covers. This move into AI-assisted music creation sparks excitement and debate among artists and listeners.
Gartner has named OpenAI a leader in enterprise coding agents, highlighting AI's role in boosting developer productivity and accelerating software development for businesses. This recognition impacts the Indian tech scene significantly.