IIT Bombay’s BharatGen unveils 17B parameter sovereign multilingual AI model at India AI Impact Summit
In a bid to encourage ecosystem participation, BharatGen will also release the model, documentation and post-training workflows through its Hugging Face repository.
Sarvam AI launches 30B and 105B models, says 105B outperforms DeepSeek R1 and Gemini Flash on key benchmarks
Startup unveils two mixture-of-experts LLMs trained from scratch as part of India’s sovereign AI push
AI Summit: Adapting foreign models not enough, build your own, says 'Godfather of AI' Yoshua Bengio
Beyond geopolitical concerns, Bengio also criticised the commercial focus of leading AI labs.
AI Summit: Big techs not investing enough in risk management, says Godfather of AI Yoshua Bengio
“Companies are hatching the problems one after the other. They don't really have an answer to the question, ‘Is this going to be safe?’ They don't know,” he told Moneycontrol in an interview.
AI Summit: NPCI unveils in-house AI model to potentially handle UPI disputes, customer service, regulation and ecosystem queries
FiMI can potentially assist users with transaction issues, mandates and payment-related queries
Stable Money raised $25 million in funding led by PeakXV, eight months after $20 million funding
The digital platform facilitating over ₹5,000 crore in fixed-income investments targets physical expansion to build trust in tier 2 and tier 3 cities
Uptiq raises USD 25 million in funding round
Uptiq Labs focuses on building production-grade AI systems that can operate reliably inside highly regulated financial environments.
Exponent Energy launches EV financing arm Exponent One, raises $2 million pre-seed
Exponent One will initially focus on three-wheelers, including retrofit vehicles under Exponent Auto, and will partner with NBFCs for loan disbursement.
AI Summit: Somebody who has worked at Cisco for 15-20 years is considered unemployable, says Vinod Khosla
“(Earlier) they always trusted an IBM over a startup...Now, they always trust a startup over an IBM," Khosla said while highlighting how much credibility startups have gained over the years.
AI Summit: Emergent growing faster than the fastest growing company I had seen before: Khosla Ventures’ founder Vinod Khosla
Emergent, which reportedly achieved an Annual Recurring Revenue (ARR) of $50 million in January has seen its ARR double to $100 million in less than a month, Khosla, an investor in Emergent, told Moneycontrol
AI impact summit: 'Two kids in India can now compete with Salesforce,' says Replit CEO Amjad Masad
With the US becoming more restrictive on immigration, India is also the top choice for Replit's international expansion, Masad tells Moneycontrol
PhonePe’s high ESOP expenses a drag on EBITDA margins, Macquarie report
Walmart-owned payment firm's ESOP payments, which have exceeded Rs 2,000 crore for three consecutive years, are expected to continue the trend this fiscal as well
Neysa to triple revenue by FY27; expect strong demand from AI firms, SaaS startups: Co-founder Sharad Sanghi
Sanghi is in talks with coding companies and US-headquartered AI giants, including Perplexity, OpenAI and Anthropic, as they expand their footprint in India with research and development and AI solutions
Razorpay partners with AI coding firm Replit to localise payments for Indian users, developers
Integration will let Indian users to pay in rupees while allowing developers to monetise AI-built apps with UPI and cards
RBI approves Rajan Bajaj as MD & CEO of Slice Small Finance Bank
Founded in 2016, Slice began as a credit and payments platform catering largely to young, digitally savvy consumers.
Anthropic India revenue run rate doubled since October; Enterprises key to last-mile AI integration, says Irina Ghose
When asked about the recent sell-off in the Indian IT stocks due to Claude Cowork, Ghose told Moneycontrol the intent is to "complement, coexist (and) build things together".
Gen AI, agentic AI boosting productivity 10X at Lenskart, says CEO Peyush Bansal
The eyewear retailer is deploying AI to analyse thousands of demand signals, from store data to what consumers wear on Instagram, watch in local content and follow online, to sharpen products, plan store expansion, Bansal told Moneycontrol
Startups driving innovation, job creation, says former President Ram Nath Kovind
The government’s continued commitment, including initiatives like Startup India Fund 2.0, sends a powerful signal that risk-taking and innovation are not just tolerated but also encouraged
ixigo acquires majority stake in Spain's online travel solutions firm for Rs 125 crore
ixigo will acquire an upfront majority stake of 60% in Trenes, the second-largest train OTA in Spain, marking a significant milestone in ixigo’s international expansion into Europe.
Union Cabinet approves Rs 10,000 cr Startup India Fund of Funds 2.0 | Details
The scheme aims to fast-track the next phase of India’s startup growth by unlocking long-term domestic capital, deepening the venture capital landscape, and boosting innovation-driven entrepreneurship nationwide
App Jaisa Koi Nahin: How India’s AI companions are redefining love and loneliness
As more people turn to screens not just for information, but for affirmation and emotional support, these platforms are likely to deepen their footprint, but they need to ensure the technology does not outrun the responsibility that must come with it.
"Ola Electric’s competitive position low but not a concern,” says founder Bhavish Aggarwal
Aggarwal also said capex cycle is largely over and focus now shifts to profitability and service stabilisation after weak Q3
Foolish to think large enterprises will dump legacy IT systems overnight to use AI: Former Infosys CFO Mohandas Pai
AI adoption will be hit by the hidden cost and legacy hurdles in large enterprises
Exponent Energy, Calligo Tech, Qosmic, Sanyark seek fresh funding amid rising deep tech appetite in India
Fresh cheques from investors such as 360 One, BIG Capital, Accel, South Park Commons and Avaana Capital signal renewed deal activity in deep tech as startups across EV infrastructure, semiconductors and space tech line up new rounds.
IDfy raises Rs 476 crore led by Neo Secondaries Fund to fund global expansion, acquisitions
Trust and verification platform will use the capital to scale internationally, invest in product innovation, and provide partial exits to early investors and employees.
