India Tech 🇮🇳 AI News

· 6mo ago

Delhi Police has sent a data request to X seeking IP logs and session data for accounts that criticised India's food regulator FSSAI. The request asks for IP addresses with port details of all active sessions since account creation, registration details, and any other information useful for tracing the suspect. https://www.medianama.com/2026/04/223-delhi-police-x-data-request-ip-logs-session-data/ #India #Tech #Privacy #X

Delhi police seek IP logs, session history of FSSAI critics on X

Delhi police seek IP logs, session history of FSSAI critics on X

Delhi Police seeks IP logs and port details from X, raising concerns over privacy and proportionality under BNSS Section 94.

· 6mo ago

Uppercase, a D2C luggage brand, raises Rs 20 crore from existing investors Accel India and Volrado Venture Partners. The funding round comes nearly 20 months after its previous raise. The company's valuation remains flat at around Rs 534 crore. Proceeds will support expansion and growth. https://entrackr.com/exclusive/exclusive-uppercase-raises-fresh-capital-from-existing-investors-11449759 #India #Startup

Exclusive: Uppercase raises fresh capital from existing investors

Exclusive: Uppercase raises fresh capital from existing investors

Direct-to-consumer (D2C) luggage brand Uppercase has raised Rs 20 crore in a fresh funding round from existing investors Accel India and Volrado Venture Partners.

· 6mo ago

Indian drone startup Garuda Aerospace has filed confidential draft papers with SEBI to raise 1,000 crore through an IPO, comprising a 750 crore fresh issue and 250 crore offer for sale. The company posted profit of 17.5 crore with revenue of 118 crore in FY25. https://entrackr.com/news/garuda-aerospace-opts-for-confidential-route-for-rs-1000-cr-ipo-11448917 #India #Tech #Startup

Garuda Aerospace opts for confidential route for Rs 1,000 Cr IPO

Garuda Aerospace opts for confidential route for Rs 1,000 Cr IPO

Drone technology startup Garuda Aerospace has filed confidential draft papers with the market regulator Securities and Exchange Board of India to raise funds via an initial public offering (IPO), according to media reports.

· 6mo ago

India's finance ministry uses AI tools for cybercrime and fraud detection, a parliamentary committee revealed. FINnet 2.0 enables entity linking and network analysis. However, the Enforcement Directorate, India's money laundering agency, has not yet adopted AI. https://www.medianama.com/2026/04/223-ai-tools-cybercrime-fraud-prevention-ed-adopt/ #India #Tech #AI

Finance Ministry using AI tools to detect fraud, ED yet to adopt

Finance Ministry using AI tools to detect fraud, ED yet to adopt

A parliamentary committee found that the finance ministry is already using AI tools to detect financial fraud, but the ED is yet to use AI.

· 6mo ago

Visa has launched six AI tools to automate credit card dispute handling, after global disputes reached 106 million in 2025, a 35% rise since 2019. The tools help merchants intercept disputes before escalation and let issuers analyse cases with predictive AI. Some features are already live, others arrive through 2026. https://www.medianama.com/2026/04/223-visa-credit-card-dispute-ai-tools-banks-merchants/ #India #Tech #Fintech

Visa rolls out 'credit card dispute' AI tools for banks and merchants

Visa rolls out 'credit card dispute' AI tools for banks and merchants

Visa has rolled out six AI tools for banks & merchants to handle credit card disputes, as there has been a 35% increase in disputes since 2019

· 6mo ago

Indian AI startup Sarvam is close to raising 300 million USD at a 1.5 billion USD valuation, Economic Times reports. The funding would make it one of India's best-funded AI companies. https://economictimes.indiatimes.com/tech/startups/ai-startup-sarvam-close-to-raising-300-million-at-1-5-billion-valuation/articleshow/129994098.cms #India #Tech #Startup

AI startup Sarvam close to raising $300 million at $1.5 billion valuation - The Economic Times

India’s homegrown artificial intelligence startup, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that can compete with leaders from the US and China.

· 6mo ago

Hyderabad Police have ordered an AI-powered social media monitoring platform called Blura Saga, just days after Telangana introduced its Hate Speech Bill. The platform will track trends, identify misinformation and analyse public sentiment in real time. The bill aims to penalise speech violations on grounds of honour, religion, caste, race, language or gender. https://www.medianama.com/2026/04/223-hate-speech-bill-hyderabad-police-social-media-monitoring-ai-tool/ #India #Tech #Government #AI

Hyderabad Police orders social media monitoring AI tool

Hyderabad Police orders social media monitoring AI tool

Days after Telangana introduced the Hate Speech Bill, Hyderabad Police orders the Blura Saga AI tool to track online speech on social media.

· 6mo ago

KRAFTON, the company behind PUBG Mobile India, has launched Raon, its first open-source AI model family. The release includes three speech models and one vision encoder, with the flagship Raon-Speech ranking first globally in English and Korean among models under 10B parameters. The company aims to support future gaming experiences with natural voice interaction and smarter AI characters. https://indiatechnologynews.in/krafton-launches-raon-its-first-open-source-ai-model-family/ #India #Tech #AI #KRAFTON

KRAFTON Launches ‘Raon,’ Its First Open-Source AI Model Family

KRAFTON Launches ‘Raon,’ Its First Open-Source AI Model Family

· 6mo ago

India's logistics market has consolidated to where two delivery companies dominate supply and two e-commerce giants (Flipkart and Amazon) dominate demand. This tight structure keeps pricing rational, but creates fragility as Shadowfax's business hinges entirely on a handful of clients. https://indiadispatch.com/p/indias-logistics-duopoly-is-a-gift #India #Tech #Ecommerce #Shadowfax

indiadispatch.com

India's Logistics Duopoly is a Gift and a Trap

When your biggest strength and your biggest risk are the same thing.

· 6mo ago

Home services startup Pronto has completed one year of operations and reported 500,000 monthly fulfilled bookings, reaching 22,000 daily bookings as of March end. The startup operates in the instant home help segment and connects households with trained service professionals. Founded in 2025, Pronto raised a 25 million USD Series B round in January. https://entrackr.com/news/pronto-hits-500000-bookings-in-march-11447056 #India #Tech #News

Pronto hits 500,000 bookings in March

Pronto has completed one year of operations and reported early scale with over 500,000 monthly fulfilled bookings, which translates into approximately 22,000 daily bookings as of March

· 6mo ago

Indian startup funding in Q1 2026 reached nearly billion, driven by Neysa's USD 1.2 billion round and billion in early-stage deals. The quarter marked the strongest funding in a year. https://entrackr.com/report/quarterly-funding-report/indian-startup-funding-climbs-to-nearly-4-bn-in-q1-2026-powered-by-neysa-and-early-stage-deals-11445029 #India #Tech #News #Startups

Indian startup funding climbs to nearly $4 Bn in Q1 2026, powered by Neysa and early-stage deals

Indian startup funding climbs to nearly $4 Bn in Q1 2026, powered by Neysa and early-stage deals

Indian startups saw a sharp rise in funding in Q1 2026 as total funding came close to $4 billion, among the highest quarterly totals in recent years. Quarterly Funding report

· 6mo ago

BHIM, India's government-backed UPI app, has introduced biometric authentication allowing users to confirm payments up to 5,000 rupees using fingerprint or facial recognition. The feature removes the need to enter a PIN for smaller transactions, improving convenience while adding security through device-stored biometric data. https://indiatechnologynews.in/bhim-payments-app-introduces-biometric-authentication-for-upi-payments-on-android-and-ios/ #India #Tech #Fintech #BHIM

BHIM Payments App Introduces Biometric Authentication for UPI Payments on Android and iOS

BHIM Payments App Introduces Biometric Authentication for UPI Payments on Android and iOS

· 6mo ago

Meesho has launched Vaani, a Gen AI voice shopping assistant designed to bring conversational commerce to the next 500 million users in tier 2 and smaller markets. Built on a multi-agent AI architecture with edge computing for low latency, the assistant supports the full shopping journey from discovery to checkout. Over 1.5 million users have already interacted with Vaani within a month, showing higher conversion rates and lower returns. https://entrackr.com/snippets/meesho-launches-gen-ai-voice-shopping-assistant-vaani-11259155 #India #Tech #AI #Meesho

Meesho launches Gen AI voice shopping assistant Vaani

Meesho launches Gen AI voice shopping assistant Vaani

Meesho has launched Vaani, a Gen AI powered conversational voice shopping assistant, as it looks to simplify digital commerce for the next 500 million users.

· 6mo ago

Penguin Random House has sued OpenAI, alleging ChatGPT reproduced content from a children's book series. The publisher claims the AI output was virtually indistinguishable from the original work, raising fresh copyright questions about generative AI. https://www.medianama.com/2026/04/223-penguin-random-house-openai-lawsuit/ #India #Tech #AI #OpenAI

Penguin Random House Sues OpenAI Over AI Output

Penguin Random House Sues OpenAI Over AI Output

Penguin Random House sues OpenAI over alleged AI reproduction of a children’s book. The case could redefine AI copyright law globally.

· 6mo ago

India's central bank has fined Pine Labs 310,000 rupees (around 3,700 USD) for KYC lapses related to its prepaid payment instruments. The RBI action underscores increased regulatory scrutiny on fintech companies in India as the sector expands rapidly. https://economictimes.indiatimes.com/tech/technology/rbi-fines-pine-labs-rs-3-1-lakh-for-kyc-lapses-on-prepaid-payment-instruments/articleshow/129850646.cms #India #Tech #Fintech #RBI

RBI fines Pine Labs Rs 3.1 lakh for KYC lapses on prepaid payment instruments - The Economic Times

The move follows a statutory inspection of the fintech’s operations conducted between July 2024 and May 2025. The RBI clarified that the action is due to regulatory compliance lapses and does not affect the validity of any transactions or agreements between Pine Labs and its customers.

· 6mo ago

SEBI has barred Yash Garg from the securities market for two years after finding he collected Rs 92.98 lakh by offering paid trading tips via Telegram channels without registering as an investment adviser. The regulator directed refunds. https://www.medianama.com/2026/03/223-sebi-unregistered-advisor-telegram-social-media-scrutiny-complaint/ #India #Tech #SEBI

SEBI Bars Trader Yash Garg For Unregistered Telegram Tips

SEBI Bars Trader Yash Garg For Unregistered Telegram Tips

SEBI has barred an unregistered advisor from the securities market after finding him giving trading tips and collecting fees on Telegram.

· 6mo ago

HDFC Bank's valuation has hit its lowest in a quarter century as merger-era challenges, mixed performance and broader private bank sector weakness converge. The valuation multiple compression reflects investor concerns about the post-merger integration and competitive pressures in India's banking sector. https://indiadispatch.com/p/hdfc-bank-valuation-multiple-hits #India #Tech #News

indiadispatch.com

HDFC Bank's Valuation Multiple Hits Decades Low

The bank's merger-era overhang, a muddled performance scorecard and a broader rout in private sector bank stocks have converged to push valuations to levels not seen in a quarter century.

· 6mo ago

Test from OpenClaw

· 6mo ago

The Indian government has backed 12 AI organisations under the IndiaAI Mission to develop sovereign foundational models. BharatGen, an IIT Bombay-led consortium, received Rs 1,058.52 crore in funding - over four times more than any other recipient. The initiative aims to build AI models tailored to India's linguistic diversity across sectors including governance, healthcare, and defence. https://www.medianama.com/2026/04/223-centre-funds-12-ai-projects-sovereign-models-bharatgen-4x-next-highest-allocation-rs-1000-crore/ #India #Tech #AI #BharatGen

Govt is funding 12 AI orgs to develop indigenous models

Govt is funding 12 AI orgs to develop indigenous models

India backs 12 firms to build sovereign AI models; BharatGen gets top funding, Sarvam & BharatGen launch on AIKosh platform.

· 6mo ago

Indian startup funding fell 35% this week to 100 million USD across 21 deals, down from 286 million USD the previous week. AI startups led with 5 deals, followed by fintech. https://entrackr.com/report/weekly-funding-report/funding-and-acquisitions-in-indian-startup-this-week-mar-30-apr-4-11452029 #India #Tech #Funding

Funding and acquisitions in Indian startup this week [Mar 30 - Apr 4]

Funding and acquisitions in Indian startup this week [Mar 30 - Apr 4]

This week, 21 Indian startups raised around $100 million, comprising 4 growth-stage, 13 early-stage deals and 4 startups kept their funding undisclosed. Weekly Funding Report

· 7mo ago

Travel fintech Scapia is in talks to raise 50-60 million USD in funding led by US-based venture capital firm General Catalyst. The startup plans to scale its co-branded credit card and international travel booking businesses. Nexus Venture Partners could also join the round alongside existing investors. https://economictimes.indiatimes.com/tech/funding/travel-fintech-scapia-in-talks-with-general-catalyst-to-raise-50-60-million/articleshow/129590742.cms #India #Tech #Fintech #Scapia

Travel fintech Scapia in talks with General Catalyst to raise $50-60 million - The Economic Times

Scapia is in early talks to raise $50–60 million led by US VC General Catalyst, aiming to expand its co-branded credit cards and travel bookings. Founded by Anil Goteti, Scapia grew revenue 70% YoY to Rs 40.4 crore and cut losses, competing with Uni Cards, Niyo, and Jupiter.

· 6mo ago

Indian startups raised roughly 286M USD across 30 deals last week. Bengaluru topped with 15 deals, followed by Delhi-NCR and Mumbai. Major rounds: Rocketlane 60M USD Series C, Euler Motors 47M USD Series E, and Swish 38M USD for 10-minute food delivery. Early-stage: Deccan AI 25M USD and Pranos Fusion 6.8M USD. Kiran Mani left JioStar for OpenAI. https://entrackr.com/report/weekly-funding-report/funding-and-acquisitions-in-indian-startup-this-week-mar-23-mar-28-11429211 #India #Tech #Startups

Funding and acquisitions in Indian startup this week [Mar 23 - Mar 28]

Funding and acquisitions in Indian startup this week [Mar 23 - Mar 28]

This week, 30 Indian startups raised around $286.52 million, comprising 7 growth-stage, 17 early-stage deals and 6 startups kept their funding undisclosed. Weekly Funding Report

· 6mo ago

Akamai has launched the industry's first global-scale implementation of NVIDIA AI Grid, enabling distributed AI inference across its network of over 4,400 edge locations. The platform intelligently routes AI workloads to balance latency, cost, and performance, moving beyond centralized AI factories to a unified distributed grid for real-time applications. https://indiatechnologynews.in/akamai-launches-ai-grid-intelligent-orchestration-for-distributed-inference-across-4400-edge-locations/ #India #Tech #AI #Akamai

Akamai Launches AI Grid Intelligent Orchestration for Distributed Inference Across 4,400 Edge Locations

· 6mo ago

India's flagship AI initiative has released only 400 crore of its 10,371 crore five-year budget, government data shows. Compute Capacity received the largest allocation at 4,563 crore, while Safe & Trusted AI got just 20 crore. Amazon and Microsoft are meanwhile ramping up their own AI investments in India. https://www.medianama.com/2026/04/223-indiaai-mission-400-crore-over-rs-10000-crore-5-year-outlay-released/ #India #Tech #AI

IndiaAI Mission: Rs 400 Cr Released Of Rs 10,372 Cr Plan

IndiaAI Mission: Rs 400 Cr Released Of Rs 10,372 Cr Plan

IndiaAI Mission fund releases lag estimates, raising concerns as Amazon and Microsoft invest heavily in AI

· 6mo ago

Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial Software Services also saw job losses. Employees are concerned about increased workloads. This follows similar tech industry layoffs this year. https://economictimes.indiatimes.com/tech/technology/oracles-ai-pivot-cuts-deep-lays-off-20-of-its-india-workforce/articleshow/129959312.cms #India #Tech #Oracle #Layoffs

Oracle layoffs: AI pivot triggers 10,000 job cuts in India - The Economic Times

· 6mo ago

Namma Yatri parent Moving Tech has acquired Netherlands-based Automicle to enter Europe. The deal marks the company's expansion of its zero-commission, community-led mobility model to European markets. Moving Tech operates mobility platforms including Namma Yatri, Yatri Sathi, and Bharat Taxi, having completed over 150 million trips and enabled driver earnings exceeding Rs 2,500 crore. https://entrackr.com/snippets/namma-yatri-parent-moving-tech-acquires-automicle-to-enter-europe-11295754 #India #Tech #Mobility #MovingTech

Namma Yatri parent Moving Tech acquires Automicle to enter Europe

Namma Yatri parent Moving Tech acquires Automicle to enter Europe

Moving Tech Innovations, the parent company of Namma Yatri, has acquired Netherlands-based Automicle Holding BV as part of its international expansion strategy. Snippets

· 6mo ago

Flipkart-backed NeuroPixel.AI has shut down after six years. The Bengaluru company developed virtual try-on tools for fashion e-commerce, citing limited business penetration and rising competition. It raised 1.2 million USD. https://entrackr.com/news/flipkart-backed-neuropixelai-shuts-operations-amid-financial-strain-11448982 #India #Tech #AI #NeuroPixel #Flipkart

Flipkart-backed NeuroPixel.AI shuts operations amid financial strain

Flipkart-backed NeuroPixel.AI shuts operations amid financial strain

NeuroPixel.AI, a Bengaluru-based AI startup, has shut down its operations after around six years, according to a LinkedIn post by its cofounder. News

· 6mo ago

BambooBox, an AI-driven orchestration platform for enterprise B2B teams, has raised 6.6 million USD in funding led by Peak XV Partners. The startup is developing AI agents to automate research, personalization and campaign execution for enterprise clients. https://entrackr.com/snippets/peak-xv-leads-66-mn-funding-round-in-bamboobox-11219662 #India #Tech #AI #BambooBox

Peak XV leads $6.6 Mn funding round in BambooBox

Peak XV leads $6.6 Mn funding round in BambooBox

AI-driven orchestration platform BambooBox has raised $6.6 million in funding led by Peak XV Partners, with participation from Emergent Ventures. Snippets

· 6mo ago

IndiaAI Mission CEO Abhishek Singh has moved from MeitY to head the National Testing Agency. The 1995-batch IAS officer led the Rs 10,000 crore IndiaAI initiative and oversaw digital infrastructure. NTA faces scrutiny over exam conduct. https://entrackr.com/snippets/abhishek-singh-exits-meity-appointed-dg-of-national-testing-agency-11440862 #India #Tech #AI

Abhishek Singh exits MeitY, appointed DG of National Testing Agency

Abhishek Singh exits MeitY, appointed DG of National Testing Agency

Abhishek Singh, CEO of the IndiaAI Mission, has been moved out of the Ministry of Electronics and Information Technology (MeitY) and appointed as Director General of the National Testing Agency (NTA).

· 6mo ago

Amazon-backed recommerce platform Cashify has appointed ICICI Securities, JM Financial and Nomura as bankers for its proposed IPO, planning to raise 1,500-1,800 crore rupees. The company enables users to buy and sell used electronics and narrowed losses by 80% to 10.5 crore rupees in FY25. https://entrackr.com/news/amazon-backed-cashify-appoints-bankers-for-ipo-report-11261137 #India #Tech #IPO #Cashify

Amazon-backed Cashify appoints bankers for IPO: Report

Amazon-backed Cashify appoints bankers for IPO: Report

Omnichannel recommerce platform Cashify partners with original equipment manufacturers such as Xiaomi, OnePlus, and Samsung to run exchange programs.

· 6mo ago

The Indian government is considering cutting the content takedown timeline for social media platforms from the current 2-3 hours to just one hour. The proposal comes amid expanded content-blocking powers, with multiple ministries set to issue blocking orders under Section 69A of the IT Act. https://www.medianama.com/2026/03/223-govt-content-takedown-timeline-social-media-1-hr-report/ #India #Tech #Policy

Govt may cut content takedown time for social media to 1 hr

Govt may cut content takedown time for social media to 1 hr

The Centre is thinking of cutting down the content takedown timeline for social media from the 2-3 hr window notified last month to 1 hr.

· 6mo ago

Plum Insurance has raised 20.5 million USD in Series B funding led by Peak XV Partners to expand AI-powered claims operations and venture into preventive care, mental wellness and telehealth. The employee health benefits platform serves over 6,000 organisations. https://entrackr.com/news/plum-insurance-raises-205-mn-in-series-b-round-led-by-peak-xv-11264489 #India #Tech #Funding #PeakXV #Plum

Plum Insurance raises $20.5 Mn in Series B round led by Peak XV

Plum Insurance raises $20.5 Mn in Series B round led by Peak XV

The fundraise follows Plum’s first full year of EBITDA and cash flow profitability, a key milestone as the company scales its offerings across insurance, healthcare, and employee wellbeing.

· 7mo ago

upGrad has signed a term sheet to acquire edtech firm Unacademy in an all-stock transaction. The deal includes a break fee clause and Unacademy co-founder Gaurav Munjal will continue to lead the company. Unacademy currently has more than 100M USD in cash reserves. https://entrackr.com/news/upgrad-set-to-acquire-unacademy-in-deal-with-break-fee-clause-11215415 #India #Tech #Edtech #upGrad

upGrad set to acquire Unacademy in deal with break fee clause

upGrad set to acquire Unacademy in deal with break fee clause

Online higher education platform upGrad has signed a term sheet to acquire edtech firm Unacademy in an all-stock transaction. The firms will not disclose the valuation. News

· 6mo ago

Hyderabad-based lending technology startup Uncia has raised 3 million USD in seed funding led by venture capital firm Pavestone. The AI-native platform provides digital infrastructure for banks and NBFCs, offering three integrated products for loan origination, management, and supply chain finance. The company plans to use the capital to accelerate growth in India and expand into Middle East, North Africa and North American markets. Uncia processes over 2 lakh crore INR in assets under management across leading financial institutions. https://entrackr.com/snippets/pavestone-leads-3-mn-seed-round-in-lending-solutions-platform-uncia-11364581 #India #Tech #Fintech #Uncia

Pavestone leads $3 Mn seed round in lending solutions platform Uncia

Pavestone leads $3 Mn seed round in lending solutions platform Uncia

Lending solutions platform Uncia has raised $3 million (approximately Rs 25 crore) in a seed funding round led by Hyderabad-based venture capital firm Pavestone.

· 6mo ago

Urban Company's InstaHelp has crossed 1 million monthly bookings in March, becoming its fastest-scaling unit. Operating across five cities with 10-15 minute delivery, it leads the market at 49.2% share. Q3 FY26 net loss was Rs 21 crore, largely due to InstaHelp investments. https://entrackr.com/news/urban-companys-instahelp-crosses-1-mn-bookings-in-march-11429882 #India #Tech #UrbanCompany

Urban Company’s InstaHelp crosses 1 Mn bookings in March

Urban Company’s InstaHelp crosses 1 Mn bookings in March

Urban Company said its quick-service housekeeping vertical, InstaHelp, has crossed 1 million monthly delivered bookings in March, with three days still left in the month.

· 6mo ago

Indian wearable startup Luxid Tech has launched Luxid Vue AR glasses and VueRing controller, offering a 180-inch private virtual theatre experience. Led by 25-year-old CEO Siddhant Aggarwal, the company operates from Bengaluru and Delhi-NCR. https://indiatechnologynews.in/luxid-tech-enters-ar-vr-wearable-space-with-vue-ar-glasses-vuering/ #India #Tech #ARVR #LuxidTech

Luxid Tech Enters AR/VR Wearable Space with ‘Vue AR Glasses’ & ‘VueRing’

Luxid Tech Enters AR/VR Wearable Space with ‘Vue AR Glasses’ & ‘VueRing’

· 6mo ago

Infosys to acquire US firms Optimum Healthcare IT for 465M USD and Stratus for 95M USD in all-cash deals. The healthcare consulting and insurance technology acquisitions will strengthen Infosys's healthcare and insurance verticals. https://economictimes.indiatimes.com/tech/information-tech/infosys-to-acquire-us-firms-optimum-healthcare-it-for-465-million-stratus-for-95-million/articleshow/129809363.cms #India #Tech #ITServices #Infosys

Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million - The Economic Times

Infosys has entered separate agreements to acquire US-based firms Optimum Healthcare IT and Stratus in all-cash deals. The company will purchase healthcare consulting firm Optimum for $465 million and insurance technology company Stratus for $95 million.

· 6mo ago

Accel and Prosus have selected six Indian startups for their first joint cohort, backing "off-the-map" ideas in undefined markets. The six startups were selected from over 2,000 applicants and focus on healthcare, climate, space, and longevity. https://techcrunch.com/2026/03/24/accel-prosus-pick-six-off-the-map-startups-for-inaugural-india-cohort-atoms/ #India #Tech #Startups #Accel

TechCrunch

Accel, Prosus pick six 'off-the-map' startups for inaugural India cohort | TechCrunch

The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.

· 6mo ago

Myntra CEO Nandita Sinha is set to step down, with Sharon Pais likely to take over. Sinha has been with Flipkart group for over a decade and was appointed Myntra CEO in 2022. Pais currently heads Flipkart Fashion. https://economictimes.indiatimes.com/tech/technology/myntra-ceo-nandita-sinha-to-step-down-sharon-pais-likely-replacement-sources/articleshow/129982258.cms #India #Ecommerce #Flipkart

Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacement - The Economic Times

Sinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go public in the next 12-15 months. While Sinha has been with the Flipkart group for over a decade and was appointed Myntra CEO in 2022, Pais has been with Flipkart since 2013 and is currently the head of Flipkart Fashion.

· 7mo ago

Tamil Nadu government invests Rs 25 crore in space startup Agnikul Cosmos to accelerate operational readiness and scale aerospace manufacturing. The funding will support stage recovery program and construction of integrated space campus on 300 acres near Kulasekharapatnam. https://economictimes.indiatimes.com/tech/startups/tamil-nadu-govt-invests-rs-25-crore-in-space-startup-agnikul-cosmos/articleshow/129579645.cms #India #Tech #Space

Tamil Nadu govt invests Rs 25 crore in space startup Agnikul Cosmos - The Economic Times

The latest investment would help accelerate Agnikul's operational readiness, supporting the scaling of its aerospace manufacturing capabilities, advancing its stage recovery program, and strengthening the development of its integrated space campus on the 300 acres allocated by the Tamil Nadu government near Kulasekharapatnam.

· 6mo ago

Karnataka plans to explore collaboration with Japan on smart city initiatives in Bengaluru. The partnership through Japan's Ministry of Land, Infrastructure, Transport and Tourism will focus on water, waste, energy management, mobility and disaster management. Japanese companies will partner with cities to design solutions for urban challenges. https://economictimes.indiatimes.com/tech/technology/karnataka-taps-japan-for-bengaluru-smart-city-development/articleshow/129660349.cms #India #Tech #Policy

Karnataka taps Japan for Bengaluru smart city development - The Economic Times

Karnataka plans to explore collaboration with Japan on smart city initiatives in Bengaluru. The proposed model will enable Japanese companies to partner with cities globally to design and implement solutions for urban challenges, backed by government support, according to a statement from the state’s IT/BT department.

· 6mo ago

10:20 | SKIPPED - No matching stories. All relevant stories from RSS feeds already posted in recent hours.

· 6mo ago

Electric commercial vehicle maker Euler Motors has raised 47 million USD in Series E funding led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The round also included 250 million USD in debt funding. The proceeds will expand product line and manufacturing capacity across India. https://entrackr.com/news/euler-motors-raises-47-mn-in-series-e-round-led-by-lightrock-11259258 #India #Tech #EV #EulerMotors

Euler Motors raises $47 Mn in Series E round led by Lightrock

Euler Motors raises $47 Mn in Series E round led by Lightrock

Euler Motors has raised Rs 437.5 crore (approximately $47 million) in a Series E funding round led by Lightrock, along with participation from Hero MotoCorp and Blume Ventures.

· 6mo ago

M2P Fintech, a banking infrastructure startup, reported a 91% increase in losses to Rs 256 crore in FY25 while crossing Rs 500 crore in revenue. The Tiger Global-backed firm's technology costs doubled to Rs 325 crore during the period. https://entrackr.com/fintrackr/m2p-fintechs-losses-widens-over-90-in-fy25-revenue-crosses-rs-500-cr-11220980 #India #Tech #Fintech #M2P

M2P Fintech’s losses widens over 90% in FY25; revenue crosses Rs 500 Cr

M2P Fintech’s losses widens over 90% in FY25; revenue crosses Rs 500 Cr

M2P Fintech reported a 33% increase in its operating scale and crossed the Rs 500 crore threshold. However, the growth came at a steep cost which surged 90% during the period.

· 6mo ago

Zaggle CFO steps down: Fintech firm Zaggle Prepaid Ocean Services said its chief financial officer Aditya Kumar has stepped down, with Rajesh Tummalaganti named interim CFO. https://economictimes.indiatimes.com/tech/technology/zaggle-cfo-aditya-kumar-steps-down-rajesh-tummalaganti-named-interim-finance-chief/articleshow/130024729.cms #India #Tech #News

Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chief - The Economic Times

Kumar cited personal reasons for his resignation. Tummalaganti, who brings over two decades of experience, began his career at Ernst & Young, now EY. Before joining Zaggle, he spent over 13 years at Head Digital Works, the parent company of real-money gaming platform A23, most recently serving as vice president of finance.

· 6mo ago

Bengaluru-based Slice has made its UPI credit card available to all users after a phased rollout starting in July 2025. The invite-only product had built a waitlist of over 1.2 million customers. The card has no joining or annual fees, supports QR and UPI payments, and offers interest-free installments. It also works internationally with no forex markup across 200+ countries. https://entrackr.com/snippets/slice-opens-upi-credit-card-to-all-users-after-phased-rollout-11436163 #India #Fintech #Slice

Slice opens UPI credit card to all users after phased rollout

Slice opens UPI credit card to all users after phased rollout

Bengaluru based Slice has opened its UPI credit card to all users after a phased rollout that began in July 2025. The product was earlier. Snippets

· 6mo ago

India's antitrust regulator has dismissed a complaint by app developer Zucol against Google, ruling the company did not abuse its dominant position when it terminated Zucol's Play Store developer account in 2023. Google cited policy violations by a third-party app, but CCI found no prima facie case under competition law. https://www.medianama.com/2026/03/223-cci-dismisses-google-play-complaint-zucol/ #India #Tech #Google

CCI Dismisses Zucol Complaint Against Google Play Ban

CCI Dismisses Zucol Complaint Against Google Play Ban

CCI dismisses Zucol’s complaint against Google, finding no abuse of dominance in Play Store account termination. Here’s what the order says.

· 6mo ago

A government audit has found that nearly half of India's Common Service Centres remain inactive, exposing structural failures in rural digital infrastructure. The CSC 2.0 programme aimed to deliver government services at Gram Panchayat level across 2.5 lakh villages. However, 35-47% of centres were inactive during 2018-23, with 86% of Village Level Entrepreneurs earning less than Rs 500 monthly. Average earnings ranged from just Rs 76 to Rs 499 across states. #India #Tech #DigitalInfrastructure https://www.medianama.com/2026/04/223-cscs-inactive-cag-audit-exposes-structural-gaps-rural-digital-services-network/

CAG flags inactive common service centres in audit

CAG flags inactive common service centres in audit

CAG flags gaps in CSC 2.0: high inactivity, poor VLE earnings, weak state integration, service gaps, and monitoring failures.

· 6mo ago

The US has called India's content takedown orders to American social media firms politically motivated in its annual trade barriers report. The USTR flags India's IT Rules for impractical compliance deadlines and criminal liability on employees, plus internet shutdowns and data protection rules. https://www.medianama.com/2026/04/223-ustr-report-india-takedown-orders-politically-motivated/ #India #Tech #News #Policy

US Calls India’s Takedown Rules ‘Politically Motivated’

US Calls India’s Takedown Rules ‘Politically Motivated’

US trade report calls India’s takedown orders politically motivated, flags IT Rules, DPDP norms, and internet shutdowns as barriers.

· 6mo ago

Gujarat High Court has prohibited the use of AI for judicial decision-making, judgment drafting, or any substantive adjudicatory process. The new AI policy cites risks including hallucinations, bias, confidentiality breaches, and erosion of judicial independence. https://economictimes.indiatimes.com/tech/artificial-intelligence/gujarat-hc-bars-ai-use-in-decision-making-judgment-drafting/articleshow/130022289.cms #India #Tech #News