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AI FUNDING IN INDIA
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...- For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
- ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
- Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
- Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
- Sarvam: When US slams the door, India begins to find its own openingSarvam AI’s rise to a $1.5 bn valuation after raising $234 mn marks a major milestone for India’s push toward AI sovereignty. The funding c...
- HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
- Indian VCs turn to US AI startups in search of bigger returnsIndian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
- Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
- Human-centric technology at heart of India's AI ambitions: PM Narendra Modi at Bharat Innovates 2026Prime Minister Narendra Modi emphasised India's "technology for humanity" approach at Bharat Innovates 2026 in Nice, aligning with India's ...
- 'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AIFrench President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's s...
- 20 foundational AI models created under IndiaAI Mission, 5 released : MeitY secretaryIndiaAI Mission has fostered the creation of 20 foundational artificial intelligence models. Five of these models have now been released. A...
- ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-yearStartups secured $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase. Hygenco Green Energi...
- How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
- AI Wants to Answer Your Phone Now: Equal AI’s $30 Million Bet on the Future of Call Screening in IndiaIndian startup Equal AI has raised $30 million to expand its AI-powered call screening platform that answers and filters calls on users' be...
- Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
- ET Alpha Wealth Summit | India's next decade: AI is an enabler, not a threat; investor expectations the real risk: Kailash KulkarniIndia's growth is diversifying beyond single sectors, with trade deals and manufacturing exports emerging as key drivers. Experts at the ET...
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