Shark Tank Star Proxgy Secures Ajinkya Rahane’s Support Amid 40-Fold Valuation Surge
Cricketer Ajinkya Rahane has decided to invest in Proxgy startup and this highlights the growing interest of celebrities in innovative businesses lately. Proxgy rose to fame through Shark Tank India and its current valuation is Rs 400 crore. The participation of Rahane in its $3 million Series A funding round brings attention and adds credibility. […]
Five Energy Startups to Watch as They Collaborate with Halliburton Labs
Halliburton Labs has lately announced to be supporting energy innovation and has welcomed five startups into its collaborative ecosystem. The companies are 360 Energy, Cella, Espiku, Mitico and NuCube Energy. All the five companies are working on some groundbreaking solutions to meet challenges in the energy industry. Addition of the startups reflects a shift in […]
AI Infrastructure Startups Leads Way, Securing Over $35 Billion in 2024
Year 2024 was highly transformative for artificial intelligence (AI) startups even though there was slowdown in venture capital investments. The segment has evolved satisfactorily as revealed a recent study by WriterBuddy. The study found that the top 50 AI startups raised $52.8 billion collectively by October 2024. The findings further revealed that the largest portion […]
New AI Processor from d-Matrix Set to Revolutionize Generative AI Applications
The investment of Microsoft in small hardware startup d-Matrix is a gesture of a shift in the AI industry. d-Matrix has lately launched a processor called Corsair and it is claimed to challenge GPU-based systems. It is offering a more affordable and efficient approach to AI inference by avoiding use of expensive high-bandwidth memory as […]
E-commerce Giant Amazon Accused of Destroying Thriving Indian Business
A startup founder has hit the headlines for something very sad and Amazon is being blamed. His daily revenue was ₹20 lakh once and now is nothing. It is of course a cautionary tale for young entrepreneurs in India. Grapevine founder Saumil Tripathi shared his story on X social platform and reveals the challenges of […]
Bihar’s Innovative Model: Building Startups Through Education
India has a vast population of more than 1.4 billion people and is at a critical turning point amid striving to become a developed nation by 2047. The youths hold key to achieving the vision by unlock their potential. Hence, it is important to shift focus from seeking government jobs to creating opportunities through startups […]
Reliance Makes Strategic Move in Healthcare with Karkinos Acquisition
Reliance Industries Limited (RIL) has made another significant move and this time it is in the healthcare sector. It has acquired Karkinos Healthcare for ₹375 crore in an all-cash deal that was executed through its subsidiary Reliance Strategic Business Ventures Limited (RSBVL). Karkinos Healthcare stands out for its innovative focus on cancer care. Reliance is […]
Perplexity AI CEO Challenges Stereotypes with Subtle Yet Powerful Response
A social media post has lately sparked widespread debate. It claimed that Indians can manage AI companies but are incapable of founding. The post basically suggested that all significant AI companies were founded by white Europeans. It quickly faced backlash with a plethora of comments and Perplexity AI CEO Aravind Srinivas dismissed the claim with […]
Enlighten Capital Micro VC Aims to Transform India’s Startup Landscape
The Indian startup ecosystem is evolving at a rapid pace and the latest move of Enlighten Angel Fund is highly promising with respect to boost early-stage entrepreneurs. It has rebranded to Enlighten Capital Micro VC and has also launched a ₹200 crore startup fund. The development is noteworthy as it reflects a structured approach to […]
boAt Partners DPIIT to Mentor and Support Indian Entrepreneurs
Department for Promotion of Industry and Internal Trade (DPIIT) and audio brand boAt has lately partnered to support startups in the D2C and manufacturing sectors. Government initiatives for startups are not new in India, but the collaboration is a gesture of a more focused effort to nurture innovation as well as help young businesses to […]