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Govt To Offer 100% Compute Subsidy To Sarvam, Others For Foundational Models: Report

India, June 23 -- In an effort to ramp up India's artificial intelligence capabilities, the Centre is reportedly offering a100% subsidy on compute infrastructure costs to Sarvam AI and other companies... Read More


D2C Kids Brand Rabitat Nets INR 40 Cr

India, June 23 -- D2C kids drinkware and foodware brand Rabitat has secured INR 40 Cr ($4.6 Mn) in its Series A funding round co-led by RPSG Capital and DSG Consumer Partners. The round also saw part... Read More


PayU India Top Line Jumps 12% To $498 Mn In FY25

India, June 23 -- Prosus-owned fintech platform PayU's India revenue surged 12% to $498 Mn (around INR 4,319 Cr) in the financial year ended March 2025 (FY25), on the back of deeper penetration with e... Read More


PayU India's Payment Revenue Grows 12% To $498 Mn In FY25

India, June 23 -- Update | June 23, 04:49 PM: The story's headline has been edited to add the word payments. Prosus-owned fintech platform PayU's India payment revenue surged 12% to $498 Mn (around I... Read More


China's Rare Earth Ban: Indian OEMs Say All Bark No Bite

India, June 23 -- Geopolitics is evolving, and it is evolving fast, unpredictably and more ruthlessly than ever. However, this time the global power play is not about oil. It is over something rarer t... Read More


Amazon India Expands Healthcare Play With At-Home Diagnostics

India, June 23 -- Expanding into the healthcare segment, Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and ... Read More


CoRover Unveils BharatGPT Mini, India's First Offline Multilingual AI Model

India, June 23 -- Union minister of state for commerce & industry and electronics & IT Jitin Prasada launched BharatGPT Mini, a compact small language model (SLM) built by Indian AI startup CoRover, a... Read More


Swiggy Emerges Biggest Winner In A Mixed Week For New-Age Tech Stocks, FirstCry Slumps

India, June 22 -- In what was a mixed week for the Indian equity market, the market ended with a bang after a sombre start. In line with this, a majority of new-age tech stocks under Inc42's coverage ... Read More


Why Razorpay Added POP Music To Its 'Paylist'

India, June 22 -- When we think of competition in fintech, the eye usually falls on the likes of Paytm, PhonePe, CRED and the likes which dominate consumer payments and UPI. But there's another intens... Read More


Karnataka Bike Taxi Ban: Police Detains Protesting Drivers

India, June 22 -- The Bengaluru Police reportedly detained a group of bike taxi drivers yesterday for protesting outside the Vidhana Soudha. As per news agency PTI, the drivers were detained for prot... Read More