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 […]
Online Meat Startup Captain Fresh Gears Up for IPO with ₹100 Crore Boost
Bengaluru-based online meat and seafood startup Captain Fresh has secured ₹100 crore from Motilal Oswal Wealth. The fresh funding is to strengthen its financial position and also believed to set the stage for its much-anticipated public listing in 2025. The investment was made through allotment of 1,002 Series C11 compulsorily convertible preference shares at ₹9,98,399 […]
How Dr. Manmohan Singh Paved Way for India’s Startup Ecosystem
The passing of Dr. Manmohan Singh marks the end of an era for India and for Indians. The nation is mourning the loss of its former Prime Minister and it is worth reflecting here the way his visionary leadership planted seeds for India’s thriving startup ecosystem. India was on the brink of an economic collapse […]
Global Investors Bet Big on Elon’s xAI with $6 Billion Funding
xAI is the latest venture of Elon Musk and it has once again hit the headlines after raising $6 billion of funding and it marks a major milestone in the race to dominate the artificial intelligence (AI) industry. The aim of xAI is to go beyond just innovation and it is something about reshaping AI […]