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Centre's Spacetech Fund Makes Maiden Investment, Backs Dhruva Space With Rs.60 Cr

India, July 13 -- Spacetech startup Dhruva Space has netted Rs.60 Cr ($6.3 Mn) in funding from IN-SPACe's recently commissioned VC fund Antariksh Venture Capital Fund (AVCF). The fresh investment in ... Read More


Delhi HC Orders Meta To Remove Zee's Pirated Content From Facebook

India, July 13 -- The Delhi High Court (HC) has reportedly passed a John Doe order directing Meta to take down multiple Facebook URLs allegedly hosting Zee Entertainment Enterprises Limited's (ZEEL) u... Read More


MeitY Asks Ministries To Hold Off On OpenAI, Anthropic Models For Cybersecurity: Report

India, July 13 -- A department under the IT ministry (MeitY) has reportedly asked central ministries to hold off on deploying AI models developed by OpenAI and Anthropic for cybersecurity and related ... Read More


Unicorn Founders Go AI Native

India, July 12 -- "Not using AI is like being left behind," Apple CEO Tim Cook's remark captures the urgency around artificial intelligence today - though the tinge of irony in these words coming from... Read More


WhatsApp's Username Feature: Govt Mulls Uniform Social Media Rules

India, July 11 -- Amid the ongoing row over WhatsApp's username feature, the IT ministry (MeitY) is reportedly formulating uniform standards for messaging platforms operating in the country. A govern... Read More


From Elevate Education To Aukera - Indian Startups Raised $72 Mn This Week

India, July 11 -- Indian startup funding remained largely flat in the second week of July. Between July 4 and July 10, Indian startups cumulatively raised about $71.9 Mn across 17 deals. This marked ... Read More


New-Age Tech Stocks: MapmyIndia, PhysicsWallah Zoom; Ola Electric, Pine Labs Slip

India, July 11 -- India's equity markets saw mixed investor sentiment this week, which trickled down to the performance of listed new-age tech stocks. While 29 of the 57 new-age tech companies gained ... Read More


Exclusive: GoKwik Lays Off Around 120 Employees Amid AI Push

India, July 11 -- Ecommerce enabler GoKwik has fired 100-120 employees as part of a restructuring exercise carried out over the past few weeks, sources told Inc42. While the restructuring exercise im... Read More


Zetwerk Cofounder Rahul Sharma Steps Into Non Executive Role To Launch AI Venture

India, July 11 -- IPO-bound contract manufacturer Zetwerk's cofounder and managing director of its precision business (electronics), Rahul Sharma, is transitioning from an executive role to a non-exec... Read More


Zetwerk Cofounder Rahul Sharma Steps Back From Executive Role To Launch AI Venture

India, July 11 -- IPO-bound contract manufacturer Zetwerk's cofounder and managing director of its precision business (electronics), Rahul Sharma, is transitioning from an executive role to a non-exec... Read More