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 […]

AI Innovation in 2024: What Startups and Investors Are Prioritizing

The year 2024 has been a game-changer year for the artificial intelligence (AI) funding segment equipped with nearly $100 billion invested by mid-December. This means that AI is shaping up and gradually becoming the defining technology of our time. What is fascinating about it is the way money is being spread across different areas and […]

Chennai-Based Mindgrove Technologies Accelerates IoT Chip Development with $8M Funding

Chennai-based startup Mindgrove Technologies has hit the headlines lately in the semiconductor segment. It has secured $8 million in a Series A funding round and it is believed to be a remarkable leap from seed funding in early 2023. The investment was led by Rocketship.vc and Speciale Invest equipped with more contributions from Mela Ventures, […]

2024: The Year That Tested and Transformed Indian Startups

The Indian startup experienced a rollercoaster journey in 2024 and it was equipped with a mix of successes as well as tough challenges. The year was to some extent unpredictable for many startups as some soared to new heights while many struggled to even keep up with the market demands. Fintech companies were the stars […]

Indian Cricketer Ajinkya Rahane Backs Proxgy in $3M Series A Round

Delhi NCR-based startup Proxgy has again making others believe that deeptech is a sector to watch in India. It has secured fresh investment from Indian cricketer Ajinkya Rahane and it is a part of its $3 million (INR 25.6 crore) Series A funding round. It is now sending a clear message that the Indian deeptech […]