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Hello there! We have a short, concise edition today. We will be back with our regular edition on Thursday (March 21)

Today in New Delhi: Prime Minister Narendra Modi will deliver his keynote address at the Rising Bharat Summit. Catch it live (or on-demand later)

The summit featured a power-packed lineup today, including Home Minister Amit Shah, External Affairs Minister S Jaishankar, I&B Minister Anurag Thakur, and SEBI Chairman Madhabi Puri Buch.

  • India's top startup founders, including Dream Sports co-founder Harsh Jain, Oyo Rooms CEO Ritesh Agarwal, DailyHunt founder Virendra Gupta, and Mobikwik co-founder Upasana Taku, were also part of the lineup.

Catch all the action on our livestream (or our liveblog)

Now, onto today's big news...

Today's top stories

Today's top stories

  • Artificial intelligence will help India transition from being the IT back office of global companies to the front office for engineering, finance, marketing and sales, said Nvidia founder Jensen Huang.
  • Audio entertainment platform Pocket FM has raised $103 million funding led by Lightspeed, as the company looks to expand into Europe and Latin America markets as well as strengthen its presence in the United States. The company also plans to accelerate its generative AI efforts and strengthen its content library.
  • Zomato has backtracked on its plan to segregate its delivery fleet with green uniforms for the launch of the new veg-only fleet. Here’s what the industry said about this move.
  • Bertelsmann India Investments (BII) is preparing to cut its second big cheque in less than a year for LetsTransport. This time, it is infusing $15 million at a valuation of $80 million in a round that will be a mix of primary and secondary capital, people aware of the developments told us.
  • Wearable tech company Ultrahuman has raised $35 million from existing investors  Zomato’s Deepinder Goyal, Blume Ventures, Steadview Capital, Nexus Venture Partners and Alpha Wave. Of the total capital raised, $25 million has come in exchange for equity while the remaining $10 million is a debt line.
  • Finfluencers might take a big hit due to SEBI’s latest proposal to ask companies that are coming out with a public issue to include audiovisual presentation of disclosures made in their offer documents.
  • Space startup Agnikul Cosmos is gearing up for the ambitious launch of its maiden rocket Agnibaan SOrTeD on March 22. The rocket features a unique engine that is manufactured using 3D printing technology.
  • Liquidnitro Games, a Hyderabad-based live service and game production studio, has raised $5.25 million in seed funding led by Nexus Venture Partners, underscoring the growing investor interest in Indian gaming studios.

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