News
'Best decision': Mumbai founder hires 64-year-old intern, internet applauds unique workplace move- Moneycontrol. com
2+ hour, 42+ min ago (305+ words) A Mumbai-based founder has gone viral after sharing a video of a 64-year-old intern joining his startup, sparking a wider conversation about age, experience, and workplace value. The on-screen text in the video read: "Pov: You have a 64 year old…...
General Catalyst, India Quotient invest $1. 5 million in kids-focussed AI startup Omli
22+ hour, 25+ min ago (508+ words) Gurugram-based Omli, which is building artificial intelligence (AI) infrastructure for children's speech and language development, has raised $1. 5 million in a seed funding round led by India Quotient with participation from General Catalyst, sources close to the development told Moneycontrol. Founded…...
IN-SPACe selects 3 startups for funding under its Technology Adoption Fund scheme
1+ day, 16+ hour ago (280+ words) Moneycontrol. com IN-SPACe selects 3 startups for funding under its Technology Adoption Fund scheme The Technology Adoption Fund scheme is designed to support Indian industry in absorbing, adapting, and commercialising advanced space technologies The Indian National Space Promotion and Authorisation Centre…...
IN-SPACe picks Astrobase, Sat Sure and TM2 SPACE as first recipients of Technology Adoption Fund
1+ day, 16+ hour ago (196+ words) The Indian National Space Promotion and Authorisation Centre, on June 11 announced that it has selected three space startups, marking the first set of beneficiaries under its Rs 500 crore Technology Adoption Fund The three startups " Bengaluru-based Astrobase Space Technologies and Sat…...
Ethereal Machines raises $28. 5 million in series B round led by Avataar Ventures
2+ day, 5+ hour ago (425+ words) Precision manufacturing startup Ethereal Machines has raised $28. 5 million in a Series B funding round led by Avataar Ventures, with participation from Peak XV Partners and other investors, as the company looks to expand manufacturing capacity and strengthen India's domestic capabilities…...
Icertis veterans' enterprise AI startup Rivvun raises $7. 55 million seed round led by Sitara Capital, 3one4
2+ day, 15+ hour ago (353+ words) Former Icertis executives Anand Veerkar and Niranjan Umarane have raised $7. 55 million in an oversubscribed seed funding round for their enterprise AI startup Rivvun AI, with Sitara Capital and 3one4 Capital leading the investment. The Seattle- and Pune-based startup said it will…...
GIFT City opens applications for second fintech cohort to support early-stage startups
2+ day, 17+ hour ago (285+ words) Gujarat International Finance Tec-City launched the second cohort of its Fintech Residential Programme to support early-stage startups developing next-generation financial technology solutions. According to a GIFT City press release, the application window for eligible startups opened today and will close…...
Chips for debt: How India's AI firms are turning GPUs into collateral
2+ day, 20+ hour ago (834+ words) As India's AI infrastructure buildout and related services gather pace, GPUs (Graphics processing unit) are becoming the new asset class for raising debt among data centres, neocloud providers and AI startups. Popular in the US, where firms such as Core…...
Exponent Energy raises Rs 200 crore in funding round led by 360 ONE Asset, TDK Ventures
3+ day, 4+ hour ago (361+ words) Exponent Energy has raised Rs 200 crore ($21. 1 million) in a funding round co-led by 360 ONE Asset and TDK Ventures, as the electric vehicle energy company looks to expand its footprint across India and strengthen its technology stack for commercial EVs. Speaking…...
India Quotient Partner Gagan Goyal to leave as top-level exits continue at VC funds
4+ day, 13+ hour ago (471+ words) Gagan Goyal, General Partner at India Quotient, has stepped down from his position and will be leaving the early-stage venture capital firm in the coming weeks, people aware of the developments told Moneycontrol. Goyal is the latest in a growing…...