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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.
Peak XV Partners, a leading venture capital firm, has divested a significant portion of its stake in Indian fintech unicorn Groww, selling shares worth ₹1,756 crore. This move reduces their holding to approximately 14.2%, signaling a maturing market for India's rapidly growing financial technology s
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
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