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INDIAN AI STARTUP
ETtech Deals Digest: Eloelo leads as weekly funding rises to $142 million, down 35% on-yearEloelo led deal activity with $80 million, followed by Peppermint Robotics at $10.6 million, altM at $10.3 million, Two Point O Capital at ...
Amagi, Shiprocket post profits; US polls’ impact on ITAmagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Ripik.ai in talks to raise Rs 150 crore from Gaja CapitalThe startup deploys its hardware and software systems at large manufacturing and industrial units, including cement and steel plants, using...
Cert-In gets Mythos access, being careful with testing: OfficialsGovernment agencies cannot download the AI’s source code or weights for running on their own, completely isolated or ‘air-gapped’ systems. ...
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, SamsungPeak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures...
Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MDDuring a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier...
OpenAI’s India user base doubles; Rapido GOV quadruplesHappy Tuesday! India has become ChatGPT’s largest market globally, with its user base doubling. This and more in today’s ETtech Morning Dis...
Pixxel cofounder Awais Ahmed rejects claims of US control, defends Indian credentialsAhmed's post follows last week’s announcement of Pixxel Federal, a US subsidiary set up to serve American civilian, defence, and intelligen...
Gulf investors eye India’s AI infrastructure and space tech even as broader interest stays subduedGulf-based investors are exploring opportunities in India's artificial intelligence and space technology sectors, despite overall subdued i...
IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in IndiaOnly 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 ...
ETtech Deals Digest: Even Healthcare, Different lead October funding to $694 million, down 51% on-yearEven Healthcare led deal activity during the month with $50 million, followed by Different at $48 million, Boldfit at $41.5 million, Baba C...
The next AI advantage for India's developers: Turning code into companiesIn India's rapidly growing builder economy, AI is revolutionising software creation, allowing developers to generate code and build prototy...
India’s Arrakis problem: The price of what low-skilled workers knowIndian workers contribute valuable data for training AI systems, which is transforming how tasks are automated. As technology advances, low...
Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
Ixigo co-founder Rajnish Kumar launches Rs 1 cr fund for IIT Kanpur startupsThe fund will support 10 technology-led startups from each graduating batch, with Rs 10 lakh in non-dilutive prototype funding for every se...
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.