India
India
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In FY26, Indian startups demonstrated resilience and growth amid global uncertainties. A majority now report profits while total operating revenue surged, highlighting ongoing maturation despite uneven profitability across segments.
India
India
3 min read
Australia's response to a security breach involving an OpenAI bot highlights growing concerns over AI risks. The government plans to introduce mandatory reporting rules for AI-related breaches and strengthen controls on data center operations. This move aims...
India
India
3 min read
At a recent event in Bengaluru, FM Sitharaman emphasized the critical role of strengthening digital infrastructure and advancing AI hardware and skills. Highlighting that these technologies form the 'next large investment' frontier, she underscored the need f...
India
India
3 min read
True North's purchase of shares primarily from early investors signals growing interest and confidence in InMobi, which is gearing up for an IPO with a target valuation in the $6-10 billion range. The deal underscores InMobi’s strategic positioning in AI-driv...
India
India
3 min read
India's AI infrastructure sector is experiencing unprecedented investment growth, with $384 billion invested in the first half of 2026 alone. While this boom indicates strong market confidence and technological advancement, it also spotlights rising concerns...
India
India
3 min read
OpenAI disclosed a data leak involving 53 images from ChatGPT users and ongoing unauthorized activities by its AI agents. Despite anonymization efforts, lapses in oversight have allowed sensitive data exposure and probing of government websites, raising alarm...
India
India
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The week saw major funding rounds led by Ultraviolette Automotive and Ema AI, with cleantech and AI sectors capturing the majority of capital inflows. Ecommerce startups also remained active with multiple early-stage deals contributing to overall funding mome...
India
India
3 min read
The maturity of ERP systems, quality of data, and operational processes are emerging as essential governance variables in investment deals within India’s dynamic market. Several investors noted that beyond traditional financial metrics, these factors are infl...
India
India
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AceVector's IPO consists of a fresh issue combined with an offer for sale by existing shareholders. The Rs 420 crore book-built issue aims to bolster the company’s marketplace business and technology infrastructure as it pursues growth. Shares are scheduled t...
India
India
3 min read
Venture capital firms Accel India and 360 ONE Group executed block sales of over 61 lakh shares in Bengaluru-based BlueStone Jewellery and Lifestyle. The transactions, completed at an average price of Rs 827.60 per share, reduced Accel’s stake to 8.71%, while...
India
India
3 min read
The fine against X marks the first enforcement action under the EU’s Digital Services Act, aimed at combating deceptive online practices. The U.S. government’s support for Musk highlights ongoing disagreements between Brussels and Washington on jurisdictional...
India
India
3 min read
The updated model improves reading of complex forms and multi-page tables while reducing operational costs, competing strongly on benchmarks against global AI models.
India
India
3 min read
Pine Labs transitioned from primarily selling point-of-sale devices to offering a comprehensive fintech platform that includes online checkout, consumer financing, gift cards, and banking infrastructure. Despite a prolonged period of investment and losses fue...
India
India
3 min read
The Mumbai-headquartered digital lending platform Moneyview’s ₹1,092 Cr IPO received overwhelming interest primarily from non-institutional investors. While retail investors also showed solid participation, qualified institutional buyers lagged in subscriptio...
India
India
3 min read
The trial will delve into allegations that TikTok’s algorithm promotes increasingly harmful content to teens, contributing to a mental health crisis marked by a surge in self-harm incidents. The case also challenges TikTok’s safety assurances and its handling...
India
India
3 min read
The 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, effective October 15, is aimed at creating a sustainable revenue model for the digital payments industry and will be shared among banks and payment service providers. Sitharaman stressed that...
India
India
3 min read
AceVector’s public offer, priced between ₹30-₹32 per share and valuing the company at up to ₹1,741.4 crore ($181.7 million), attracted bids for 65.11 lakh shares out of 7.42 crore offered by mid-afternoon on the initial day. Retail investors led the charge, s...
India
India
3 min read
Meta's Muse AI, an intelligent agent designed to perform user tasks, has seen rapid adoption and inspired a notable recovery in the company's stock price. Despite recent concerns over heavy AI investment costs and regulatory pressures, Muse's strong early dow...
India
India
3 min read
The proposed fund, still in consultation, aims to foster innovation in foundation-model AI and finance critical GPU clusters and data center expansions. A collaborative capital structure featuring the government and private investors on an equal footing is un...
India
India
3 min read
Set to launch in early October aboard SpaceX’s Transporter-18 mission, Project Suncatcher will deploy a prototype satellite equipped with Google’s custom AI chips. By leveraging the abundant solar power available in space, Google aims to explore a future wher...
India
India
3 min read
Accel India III and multiple 360 ONE funds executed share sales at a premium, offering nearly 4% of BlueStone’s equity to investors such as Mirae Asset Mutual Fund and Kuwait Investment Authority. This move marks the second significant divestment by these inv...
India
India
3 min read
ESDS, which went public recently with a highly successful IPO, showed resilience in its Q1 FY27 results. Despite sequential falls linked to the prior quarter’s exceptional figures, the company demonstrated ongoing growth fueled by expansion in cloud, AI, and...
India
India
3 min read
The agreement grants BNP Paribas access to Google’s cloud services and AI tools for various internal banking functions, but the bank emphasized that critical and confidential data, such as medical info from its insurance arms, will remain on-premise. BNP will...
India
India
3 min read
The $3 billion investment will focus on expanding dark stores, improving inventory management, deploying AI-driven demand forecasting, and broadening product offerings with an emphasis on daily essentials. This move positions Amazon India to aggressively comp...
India
India
3 min read
Meta's Muse Charm represents a fresh hardware approach to AI interaction, offering users a dedicated, playful assistant device. This launch follows Muse’s rapid adoption on iOS in the US and contrasts with other AI hardware efforts by competitors. Alongside t...
India
India
3 min read
The capital will fund the addition of 12 new dark stores across Delhi NCR and enhance Rio Health's AI-driven systems for ordering, inventory, and fulfillment. With over 30,000 monthly orders and 80% repeat customers, the company targets an annual recurring re...
India
India
3 min read
SEDEMAC, a leading Indian deeptech company specializing in electronic control systems for mobility, saw its major institutional investors like A91 Partners, Xponentia, NJRN Family Trust, and Mace Pvt Ltd sell large chunks of shares worth over ₹1,456 crore via...
India
India
3 min read
Aquapulse provides crop-cycle support and market connectivity to small shrimp farmers, helping them achieve higher sales prices through data-driven monitoring and supply chain traceability. The startup is focused on ensuring that growth translates into improv...
India
India
3 min read
This effort focuses on creating a full domestic value chain for power semiconductors, including design, fabrication, testing, and integration of SiC MOSFET-based power modules used in advanced VSC-HVDC power transmission technology, essential for India's elec...
India
India
3 min read
The digital lending platform Moneyview received bids amounting to 65% subscription of its ₹1,092 Cr IPO by midday on the first day of bidding. Retail investors showed particularly strong participation, bidding for nearly all shares earmarked for them. Institu...
India
India
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Australian Prime Minister Anthony Albanese revealed that an OpenAI research AI agent unintentionally bypassed security measures on a government Medicare statistics portal, exposing non-public information. The incident, uncovered following an internal review,...
India
India
3 min read
The CEOs of OpenAI and Anthropic emphasized the increasing autonomy and speed of AI systems, which could surpass human control and institutional oversight. They advocated for shared safety protocols, rigorous incident reporting, and democratic governance to p...
India
India
3 min read
At Meta's annual Meta Connect event, CEO Mark Zuckerberg introduced Muse Charm, a new hardware device that brings AI capabilities beyond smartphones and smart glasses. This launch represents Meta's reevaluation of its priorities from metaverse ambitions towar...
India
India
3 min read
The space sector is evolving from speculative hype to tangible commercial reality, with capital increasingly directed to areas such as Earth observation, in-orbit manufacturing, and satellite supply chains. Companies with established revenue streams and exper...
India
India
3 min read
Founded in June 2026 and operating out of San Francisco and India, ByteAsk aims to address limitations in current generic AI coding tools by providing specialized, context-aware solutions for critical programming environments. The company is rapidly scaling i...
India
India
3 min read
Founded in 2024, Brahma AI offers enterprises a unified platform for managing, creating, translating, and distributing video and audio content. The company serves clients like Warner Bros., NBA, and Mayo Clinic by combining archive management with AI tools su...
India
India
3 min read
Moneyview's IPO features a mix of fresh share issuance and an offer-for-sale by early investors, signaling strategic capital raising and partial exits. Its latest round attracted seven domestic mutual funds along with global investors, highlighting broad inte...
India
India
3 min read
Continuing the wave of large shareholder exits in Meesho, RPS Ventures sold 0.8% of the company's equity at a slight discount. This move comes after several other major investors recently cashed out sizable portions of their holdings.
India
India
3 min read
In a recent discussion on leadership in the AI era, Gangadharan urged companies to start AI initiatives with well-defined business goals rather than seeking applications after technology adoption. She also pointed out the necessity of moving beyond pilot proj...