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IndiaAI Receives Over 500 Foundation Model Proposals Across Three Phases

India, May 17 -- As the country accelerates its efforts to build AI infrastructure, IndiaAI Mission said it has received 506 proposals to build the AI foundational models across three phases. "Given ... Read More


Swiggy Piloting Student Rewards Initiative In 200+ Cities

India, May 17 -- Foodtech major Swiggy has said that it is piloting a student rewards programme in more than 200 cities across India. In a statement, the company said that the offering is currently o... Read More


Exclusive: Tonbo Imaging To File DRHP By August For INR 1,000 Cr IPO

India, May 17 -- Defence tech startup Tonbo Imaging is readying to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) within three months to raise INR ... Read More


Reliance's AJIO, Myntra Stop Sale Of Turkish Brands

India, May 17 -- Amid growing calls to boycott Turkey for its support to Pakistan in its standoff with India following the Pahalgam attack, Indian ecommerce players Myntra and Reliance-owned AJIO have... Read More


Reliances' AJIO, Myntra Stop Sale Of Turkish Brands

India, May 17 -- Amid growing calls to boycott Turkey for its support to Pakistan in its standoff with India following the Pahalgam attack, Indian ecommerce players Myntra and Reliance-owned AJIO have... Read More


Pronto Bags $2 Mn To Provide House Help Services In 10 Minutes

India, May 17 -- Delhi NCR-based home services startup Pronto has raised $2 Mn (about INR 17.1 Cr) in its seed funding round from Bain Capital Ventures, a month after the startup announced its officia... Read More


From B2B To Quick Commerce: SoftBank-Backed ElasticRun's Plan To Take On Udaan, Jumbotail

India, May 17 -- The B2B ecommerce space in India has seen a shake-up perhaps like no other sector in the recent past. Be it Jumbotail acquiring Solv India for strengthening its vertical play, or Uda... Read More


DPIIT Partners GEAPP To Boost Climate Tech Startups

India, May 17 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Global Energy Alliance for People and Planet (GEAPP) to boost innovation, sustainability and... Read More


Fyn Mobility Bags $2.5 Mn To Expand Its EV Fleet

India, May 17 -- EV startup Fyn Mobility has raised $2.5 Mn (around INR 21 Cr) in an undisclosed funding round led by a host of investors, including Kedia Capital's founder Vijay Kedia, Pharma Major L... Read More


Skill Ministry Launches AI Chatbot For Upskilling In Partnership With Meta, SarvamAI

India, May 17 -- The Union skill development ministry (MSDE) has launched an AI chatbot on WhatsApp, in partnership with social media giant Meta and homegrown GenAI startup SarvamAI, to expand access ... Read More