Google and MATH Partner to Foster AI Innovation in India
Hyderabad is buzzing with innovation this week and the reason is MATH (Machine Learning and Artificial Intelligence Technology Hub) and Google for Startups are hosting AI Academy India Bootcamp. It is a three-day event kicking off from December 4th and basically designed to empower early-stage startups using artificial intelligence. The bootcamp is part of broader […]
World Labs is Changing Creative Industries with 3D AI Technology
Imagine taking a single image and transforming it into an interactive 3D world. This is exactly what AI startup World Labs is developing and believed to change the way we create as well as experience visuals forever. The innovation of World Labs shows there is much more happening in the creative space. The startup recently […]
Venture Capital Firm Antler Invests in 30 Startups in India This Year
Global early-stage venture capital firm Antler has expanded its presence in India. It is investing in 30 startups this year and with this the total number of companies in its Indian portfolio reaches 80. The investments come through Antler’s inaugural India fund equipped with a total value of $75 million. The startups cover a wide […]
Everest Fleet, TI Clean Mobility, Vecmocon Get $33.5M from British International Investment
India’s journey toward sustainable mobility has taken a significant leap forward and thanks to British International Investment (BII). The UK’s development finance institution has committed a funding of $33.5 million to three key players in the electric vehicle (EV) segment. Everest Fleet, TI Clean Mobility and Vecmocon are to benefit from the funding. Everest Fleet […]
Samsung and Bezos Team Up in $700M Bet on AI Chip Innovator Tenstorrent
Jeff Bezos has come up with a bold move in the tech world. He is now betting on Tenstorrent startup with big ambitions in the AI chip market and to compete against Nvidia. He participated in a $700 million funding round along with Samsung, LG Electronics and Fidelity. Nvidia has long been the leader in […]
Funky Monkeys and LearnTube.ai Among Nazara’s ₹196 Crore Expansion Plan
Nazara Technologies is a leading name in online gaming and it has lately announced investments worth ₹196 crore. The basic plan is to strengthen presence in entertainment, education and its subsidiaries. The company has invested ₹43.7 crore in Funky Monkeys Play that focus on indoor play centres. Its stake in it is 60%. Funky Monkeys […]
PhonePe Ends Juspay Partnership, Bhavish Aggarwal Pledges 1.1% Ola Electric Equity
India’s startup ecosystem continues to witness a flurry of developments. It is a gesture of innovation and strategic shifts in various industries. PhonePe has lately discontinued partnership with Juspay and it is being marked as an important moment in the fintech sector. Bhavish Aggarwal from Ola Electric made headlines by pledging 1.10% of his equity […]
Intern Declines ₹10K Stipend, CEO’s Post Fuels Heated Compensation Debate
A serious controversy has erupted on social media after startup CEO Vinayak Sarawagi shared his frustration over an intern rejecting monthly stipend of ₹10,000. The post basically questioned the expectations and work ethic of the candidate. But the post backfired and sparked heated debate about fair compensation for interns. Many labelled the offer inadequate for […]
Pocket FM’s Global Revenue Soars 496%, Reaches ₹1,000 Crore Milestone
Bengaluru-based Pocket FM audio series platform has achieved a milestone in the financial year 2023-24. Its revenue has skyrocketed 6X to more than ₹1,000 crore. The great leap from ₹176 crore in the previous year reveals good rise of audio entertainment industry. Pocket FM was Founded by Nishanth S., Prateek Dixit and Rohan Nayak in […]
Kanthi Dutt Accused of Forgery, Financial Misrepresentation in High-Profile Startup Case
Hyderabad’s startup scene has been rocked by the arrest of once-celebrated entrepreneur Kanthi Dutt. He is facing serious allegations of investment fraud. Dutt is known for his connections with high-profile individuals and celebrities including Bollywood actress Parineeti Chopra. The story took a dramatic turn when Tritiyaa co-founder Srija Tippala stepped forward with claims. She accused […]