According to a recent report by Traxcn, India's fintech sector recorded a decline in funding activities in 2024. The report named 'Tracxn FinTech Report' states that the sector received funding of USD 795 Million in 2024, marking a decline of 11 per cent and 57 per cent compared to the USD896.7 Million second half of 2023 and USD 1.93 Billion in the first half of 2023 respectively.
Fund 2 has already committed nearly 40% of its investible capital across four investments. It expects to commit the remaining capital over the next 3β4 quarters.
The minister and the department are making large sets of data available to the public through its open data portal. They've also tied up to provide high-performance computing facilities, particularly to startups
A physical address for a digital the next iteration of the internet sounds idiosyncratic. But this trend of Web3 companies and brands investing in physical places is picking up, slowly and steadily
It should be the responsibility of companies to be transparent with their customers, employees and partners regarding any cyber incidents that take place with the company
If India can break the cost models in AI computing, these innovations can be exported globally positioning the country as a leader in the AI space, said Anil Nanduri
Founded in 2021 by Nitin Kalra, Let's Try is a Delhi-based company offering premium-quality snacks that cater to the traditional tastes of Indian consumers.
The states covered under the report include Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Uttar Pradesh.
The Pune-based startup will deploy the raised funds for go-to-market initiatives aimed at enhancing market penetration, customer outreach, sales and marketing strategies, and AI capabilities, demonstrating Dice's commitment to growth and value creation.
With the raised capital, the Ahmedabad-based startup aims to accelerate its innovations in electric motorbikes and scale in manufacturing, supply chain, marketing, and retail.
To set the record straight, Unacademy will have its best year in terms of growth and profitability. We also have many years of runway. We are building Unacademy for the long run, founder said.
Despite privacy concerns, with 54% of Indians using free AI tools like ChatGPT, there's a strong demand for AI expertise among new hires in India and the Middle East.
The MoU signings were preceded by a 'Roadshow on Investment Opportunities in Karnataka' in Seoul, jointly organised by the Government of Karnataka and the Indian Chamber of Commerce in Korea (ICCK).
Our mission at OpenAI is to build artificial general intelligence that is safe and beneficial for all of humanity, says, Srinivas Narayanan, VP, OpenAI
The interim budget 2024, presented on February 1, set aside INR 1.20 lakh crore for education, which is INR 9,091 crore, or 7.26 per cent, lower than the revised estimate of INR 1,29,718 crore for 2023-24.