GalaxEye acquires StarOps, looks to strengthen satellite engineering after Drishti setbackInfosys-backed GalaxEye has successfully acquired StarOps, enhancing its satellite development capabilities. With roots in TeamIndus, India...
L&T Innovation Fund to offer deeptech market access beyond capitalSushma Kaushik, head of the L&T Innovation Fund, told ET that L&T’s business leaders have themselves started scouting startups, a shift fro...
Startups turn to lower-tier AI models to cut costs as frontier pricing risesThis is a departure from the early days, when companies trusted only the most powerful models regardless of cost. Now, founders are buildin...
Man says US founders talk to him like a peer, Indian founders seem to maintain a ‘founder aura’After sending cold messages to founders in India and Silicon Valley, a student noticed significant variations in their communication approa...
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this weekEarly-stage deals accounted for 58.4% of the capital raised during the week, while late-stage rounds made up 37%. Seed stage startups compr...
OpenAI’s Marc Manara says startups don’t need the smartest model, just the right oneOpenAI's AI model economics are shifting, with cost influencing startup strategies. Smaller models now perform well, freeing up resources f...
India proposes BRICS incubator network, startup innovation fundIndia proposed a BRICS incubator network and a startup innovation fund. Ministers adopted a joint declaration to advance industrial growth ...
Chennai-based Qubit founder shares journey after leaving Rs 1 crore US job to launch startupVivek Thiruvengadam left a Rs 1 crore US job to start Qubit Fitness in India. He returned with his family after fourteen years abroad and b...
Meet Sanjay Ghemawat, cofounder of AI startup Discovery LoopComputer scientist Sanjay Ghemawat is among the co-founders of Discovery Loop, the artificial intelligence startup launched by longtime Goo...
Deeptech backer Piper Serica raises Rs 300 crore in first close of new fundPiper Serica has secured Rs 300 crore for its Bharat Tech Fund. This new fund will invest in deeptech startups across various sectors. Near...
Investors on a new mission: Funding spacetech startupsIndia's growing space sector is making strides in essential mission technologies and components. With investor interest surging in startups...
Karnataka plans new procurement framework to ease startup tech adoptionThe initiative, to be rolled out under Government First, is awaiting Cabinet approval. It will establish an expert committee comprising mem...
Sidbi tweaks startup fund rules, nudges VCs to draw capital fasterSidbi has moved from a fixed formula for venture funds to tap capital for startup investments to a graded formula allowing them to call a l...
Nvidia-backed AI startup seals $10b Anthropic dealAI firm Anthropic has secured a significant computing capacity deal. This agreement is valued at ten billion dollars and spans six years. T...
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...