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Aimed at supporting AI, IoT, semiconductor and deep-tech sectors, the challenge will back 10 selected startups, while the top three winners share a INR 10 lakh prize pool and mentorship support.

The funds raised are expected to support capacity expansion, distribution growth, and marketing initiatives.

Venture capital firm Speciale Invest is expected to co-lead the round, which may include a mix of equity and convertible instruments.

The proposed centre aims to build one of India's largest AI ecosystem hubs focused on talent development, innovation and responsible adoption of artificial intelligence.

The firm, known for backing companies such as Canva, Zepto and Anthropic, plans to support Indian startups across intelligence, healthcare, defence technology, fintech and consumer technology.

The company described the job cuts not as reactive cost-cutting but as a strategic reallocation of resources.

Peak XV invested in Companion Labs, Kello, Memfold AI, Round1, and Zoop, advancing AI across entertainment, hiring, productivity, and commerce.

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The expansion, led by global cloud and technology firms, is expected to position India as a strategic hub for AI development and deployment.

According to the announcement, the fund, to be carried by Qualcomm Ventures, the company’s global investment arm, will support startups at all growth stages. 

Vertiv will deliver the full power and thermal infrastructure for the AI factory, enabling scalable, energy efficient operations.

The capital will back AI, defence tech, healthcare, industrials, and fintech, reinforcing the firm’s deepening India presence, marking one of the largest VC bets in the country.

RTS has been a long-term partner in the global esports ecosystem, and the transition is expected to support EVO's next phase of expansion.

Initially rolled out in Bengaluru, the service later expanded to Gurugram and Noida.

The strategic buyback marks a significant milestone for the cryptocurrency exchange as it seeks to reward long-term contributors and strengthen employee ownership.

The Pre-IPO Fund will invest in firms that are expected to go public within approximately 18 months.

The fresh capital will be used to expand Portkey's AI control plane and scale its go-to-market operations.

The India AI Impact Summit 2026 concluded another day of landmark announcements, important investment pledges, and strategic global collaborations that signal India’s accelerating rise as a strategic hub for artificial intelligence. 

As part of the initiative, Addverb is using NVIDIA Omniverse libraries and NVIDIA Cosmos World Foundation Models to create high-fidelity digital twins of warehouses and industrial environments.

The company plans to develop one of the world's first Edge AI-powered payment-capable modules designed in India for global deployment.

The firm said the fund will back 8–12 companies with investment cheques ranging from INR 150 crore to INR 400 crore.