A report 25 upcoming unicorns dropped out of the Hurun India Future Unicorn Index 2024, reflecting the fallout of the funding winter that led to corrections in valuations within the Indian startup ecosystem. Based on the Hurun India report launched on Thursday, solely three startups turned unicorns this 12 months (valuation of over $1 billion … Read more
Bengaluru-based startup, POP, has raised $2.4 million in seed funding spherical led by India Quotient and different angel traders. The startup additionally introduced that it had acquired approval as a Third-Social gathering Utility Supplier (TPAP) from the Nationwide Funds Company of India (NPCI) to supply UPI funds through its POPclub app. The corporate said that … Read more
Amazon Net Providers (AWS) has introduced a $230 million dedication to generative AI startups, and the growth of the worldwide Generative AI Accelerator, meant to assist 80 founders and innovators. The corporate intends to turbocharge the expansion of startups on this house with tailor-made technical and enterprise programming. Purposes for the AWS Generative AI Accelerator are … Read more
The Commerce and Trade Ministry, might suggest a devoted coverage for deep tech startups to advertise innovation, for the forthcoming Price range to be introduced by the brand new authorities, an official mentioned. Additionally learn:90% of corporations plan to spice up investments in key digital tech areas in 2024: Report Voting for the Lok Sabha … Read more
Jivi, an Indian healthcare AI startup, co-founded by former BharatPe Chief Product Officer Ankur Jain, and GV Sanjay Reddy, Chairman, Reddy Ventures, has ranked primary on the Open Medical LLM (Massive Language Mannequin) Leaderboard. Additionally learn:AI startup Myelin Foundry secures $4 mn in funding for Edge AI Jivi MedX has crushed established LLMs, together with … Read more
As many as 85 job seekers have obtained their provide letters from numerous firms on the T-Recruit 2024 held in Hyderabad just lately. With 92 registered firms and 769 recruiters participating within the drive, the initiative witnessed enormous curiosity from job seekers. Over 6,000 job seekers submitted their resumes for the annual drive. Additionally learn: … Read more
After a number of quarters of funding winter, Indian start-ups have witnessed a progress in funding in January-April in 2024. In response to knowledge and analytics agency GlobalData, start-ups within the nation raised $3.1 billion in enterprise capital funding through the 4 months, displaying a progress of 1.1 per cent over the mixture funds raised … Read more
Greatify, an AI-powered establishment administration platform, has launched its ExamX and PlaceX fashions. ExamX is an AI-based evaluations & examinations options software program, with a dashboard obtainable for admin, educators, and college students. These are additionally appropriate with telephones, tablets, and laptops. Additionally learn:AI will remove all jobs, they may stay a interest: Elon Musk This platform makes use … Read more
Water remedy expertise agency, Va Tech Wabag has launched a brand new initiative – Blue Seed-to help innovation and startup motion within the water sector. Launched by Gopal Srinivasan, Chairman and MD, TVS Capital Funds and Rajiv Mittal, CMD, Va Tech Wabag, this system will put money into and help startups with progressive water expertise … Read more
Nationwide Firm Legislation Appellate Tribunal (NCLAT) will on Might 10 hear a clutch of Startups’ together with Kuku FM and Shaadi.com of their attraction in opposition to Competitors Fee of India’s latest order denying them interim reduction or safety in opposition to Google’s dangerous conduct within the large tech’s Person Selection Billing Coverage (UCB). The CCI … Read more