Dylan Scandinaro, a member of the Anthropic technical team, has been named Head of Preparedness at ChatGPT developer OpenAI. This recent development was announced by CEO Sam Altman on 4 February. The firm will soon be dealing with very strong models, according to Altman, and they will need corresponding protections.
Google's parent company, Alphabet, is planning to take up a huge office block in Bengaluru in order to expand its operations in India. This might result in the creation of as many as 20,000 new jobs. This decision is made in light of the fact that American
Nila Spaces Limited, one of Gujarat’s most trusted and design-led real estate developers, has announced a strategic investment of ₹6 crores to acquire an approximately 1.40% minority stake in Alt DRX, a fintech start-up at the forefront of asset and real estate tokenization in India. The investment signals
Marine Robotics start-up EyeROV (IROV Technologies Pvt. Ltd.) has raised Rs 13 crore in a pre-Series A round co-invested by AWE Funds and Unicorn India Ventures. Funds raised will be used to accelerate research and development, drive new product innovation, and support market expansion across India and global markets. Founded
Citizens and Infosys, a consulting and digital services firm for the future, have just announced their partnership. The Citizens Bank is among the most ancient and massive American financial organisations. With the help of Infosys, the bank's AI-first Innovation Hub will be launched in Bengaluru, India. Accelerating AI-driven
Elon Musk is signalling a change of guard within his corporate empire with his intention to merge SpaceX with his money-burning artificial intelligence startup xAI. Musk owes a great deal of his fame and fortune to Tesla. However, after the merger on 2 February, SpaceX's reported private market
Varaha, Asia’s largest developer of high-integrity carbon removal projects, today announced its Series B financing round of ~$45M, and close of the initial tranche of $20M, led by WestBridge Capital. The new capital will accelerate Varaha’s geographic expansion, strengthen its scientific and MRV capabilities, and scale a new
Today, India’s startup scene is active, with several tech startups raising funds in AI, market intelligence, and enterprise SaaS. Key business updates included acquisitions, IPO filings, VC exits, and fintech profit growth, highlighting ongoing momentum and change across industries. Daily Indian Funding Roundup - 3rd February 2026 CompanyAmountRoundLead investor(
The acquisition reinforces HORIBA's expertise in diamond technologies, supports the creation of an R&D hub in India & strengthens its ability to deliver innovative analytical & measurement solutions.
To combat the country's dismal sales performance, electric vehicle (EV) giant Tesla India announced a number of new efforts, including an EMI programme, on February 3. Electric vehicles are replacing petrol and diesel vehicles, and Tesla is giving a 3 lakh Indian rupee (INR) exchange bonus to clients
Jio BlackRock Investment Advisers Private Limited (JioBlackRock Investment Advisers), a 50:50 joint venture between Jio Financial Services Limited (“JFSL”) [BSE, NSE: JIOFIN] and BlackRock Inc. [NYSE: BLK], has launched JioBlackRock Personalised Investment Advice. This digital advisory platform aims to transform Indians from savers to informed investors through guided advice
The Poonawallas bet high on Biodegradable Packaging, the Sector projected to reach USD 31.1 billion by 2033 In a powerful step towards advancing sustainable innovation, billionaire industrialists and philanthropists Yohan and Michelle Poonawalla have announced their investment in Regeno, a next-generation material science company creating fully biodegradable, water-soluble, and
Gold and silver prices in India ended Tuesday’s trading session on a mixed note, reflecting a day of sharp intraday swings and cautious positioning across bullion markets. Gold recovered from early weakness to close marginally higher, supported by global price stabilisation and late-session buying, while silver continued to face
A strategic alliance to create an integrated ecosystem in India for the manufacturing of helicopters was launched on 3 February by the Adani Group and the Italian major Leonardo. This will greatly assist the 'Make in India' initiatives and the goal of increasing India's self-sufficiency. Increasing
Prime Minister Narendra Modi and US President Trump, have given the electronics industry hope for more stable policies. Although the specifics of the long-awaited trade agreement between the two countries are still murky, as are its effects on tariffs imposed on some industries. According to Trump, he and Modi have
On February 3, the Supreme Court strongly cautioned Meta Platforms, a multinational technology corporation, and its messaging service WhatsApp. SC stated that, according to WhatsApp's privacy policy for 2021, they are not permitted to disclose user data for advertising reasons. Meta was informed that the continuation of the
Loop AI, the enterprise-grade AI platform purpose-built for the restaurant and retail back office, today announced its $14M Series A funding round. The round was led by Nyca Partners with participation from prominent investors Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital and
Indian fintech company One MobiKwik Systems has posted a notable turnaround in its financial performance for the third quarter of the 2025-26 financial year (Q3 FY26). After years of losses, the digital payments platform recorded a net profit of ₹4.05 crore, driven by increased revenue and tighter cost management.
Talks are underway between the promoters of mid-sized competitor Mastek and IT giant Zensar Technologies to purchase an 18% to 20% share. Although negotiations have not yet concluded, the value of the potential acquisition is believed to be more than $200 million and may perhaps reach $400 million. The long-planned
Waaree Energies led a surge in Indian renewable energy shares today, climbing over 13% amid excitement over a fresh India-US trade pact. This agreement, revealed by US President Donald Trump after discussions with PM Narendra Modi, slashes tariffs and opens doors for green exports. Waaree Energies, Suzlon Surge on Tariff
Indian textile shares jumped sharply today as markets cheered a fresh trade pact between India and the US. Trident Ltd stood out with massive trading volume and a strong price rise, drawing eyes from traders and investors alike. India-US Trade Deal Sparks Textile Rally Markets lit up on 3 February
A high-profile US legal case has emerged this week involving a young fintech founder once celebrated as a rising star in the tech world. Gökçe Güven, a 26-year-old Turkish entrepreneur and former Forbes 30 Under 30 honouree, has been charged by US federal prosecutors with multiple counts of fraud, including
Reportedly, talks are underway between UPI and Ant International's Alipay+, a cross-border digital payment system, to facilitate UPI's continued international expansion by the Indian government and the Reserve Bank of India (RBI). Tourists from India would be able to use UPI with Alipay+-registered merchants abroad