* Change Engine will support 6 AI startups developing ML stack technologies and business applications from India for the world. * The 6-month accelerator program features a cutting-edge sandbox for building AI products, a customer advisory board in Silicon Valley, and a mentor network of successful entrepreneurs. * Change Engine founders bring over
N. Chandrababu Naidu, the chief minister of Andhra Pradesh, stated on 10 March that the government is forming a task force and attempting to establish a "Quantum Valley" in the state in order to gain a competitive edge in this revolutionary field. The chief minister stated that he
Leading Indian tech companies, including TCS, Infosys, and Wipro, have been encouraged by Union IT Minister Ashwini Vaishnaw to create a mobile operating system especially for India. "I urge our leading tech companies—Infosys, TCS, and Wipro—to accept this challenge: create a mobile operating system for our nation,
Perfios, a Bengaluru-based software development company, has added the AI-driven debt management and collections platform CreditNirvana to its extensive range of business-to-business (B2B) products for an unknown sum. The agreement was made one month after the fintech company, which specialises in fraud detection and software solutions for financial institutions'
Investors are alarmed by President Donald Trump's tariffs, and a stock market sell-off has erased $4 trillion from the S&P 500's top last month, when Wall Street was applauding most of Trump's program, due to fears of an economic slowdown. Businesses, consumers,
March 11, 2025: Angad Bhatia has been appointed as the CEO of Firstpost and Creator18, a brand-new and exciting venture from the Network18 stable. In addition to shepherding Firstpost, India’s most credible international news brand, he will lead the building of a creator network on off-platform extensions across our
Online travel aggregator ixigo has approved a new Employee Stock Option Scheme (ESOS) for 2025, allocating 1.2 crore (12 million) stock options to its employees. This move aims to attract and retain talent while aligning employee interests with company growth. ixigo's board has approved granting stock options
OpenAI is back at it, and this time, it's not about making AI smarter. Instead, it is about making your wallet significantly lighter. The company is gearing up to launch AI agents with subscription plans ranging from $2,000 to $20,000 a month. Yes, you read that
In a bid to strengthen its net worth, Mufin Group has acquired LKP Finance in an all-cash deal, resulting in the group’s net worth increasing by INR 370 crore. By leveraging LKP Finance’s capital base alongside Mufin’s expertise in lending, we will be able to expand rapidly
With a focus on strengthening collaboration amongst stakeholders across the globe, delegates from 30+ countries joined in for an evening of innovation and startups at Vanijya Bhawan on Thursday. The organizing committee members of Startup Mahakumbh supported the Department for Promotion of Industry and Internal Trade (DPIIT) and showcased the
The German automaker Volkswagen has now revealed its upcoming electric vehicle project. After being promoted earlier this year, the company has now introduced ID.Every1, their entry-level EV. The ID.Every1's production-spec model, which is now only a pre-production concept, will begin to be sold in Europe in
Aiming to get more people back on campus, Infosys has instructed its tech workers to follow its policy of working from the office ten days a month. Functional heads at the Bengaluru-based company emailed their colleagues to advise them to restrict the amount of work-from-home days they apply for, starting
According to reports, the Competition Commission of India (CCI) has received a petition from the All India Consumer Products Distributors Federation (AICPDF) accusing Blinkit, Zepto, and Swiggy Instamart of monopolising the market and charging unjust prices. According to a media report, AICPDF President Dhairyashil Patil made the petition. According to
Redefining the U.S. government's position on digital assets, President Donald Trump issued an executive order to establish a Strategic Bitcoin Reserve. White House Crypto and AI Commissioner David Sacks confirmed the announcement in a post on X. The reserve won't be dependent on public funds.
Britannia Industries, a prominent biscuit manufacturer, announced on 6 March that Rajneet Singh Kohli, its executive director and chief executive officer, left on March 5 in order to explore an outside opportunity. The stock exchange statement states that March 14 is Kohli's last day with the company. In
New Delhi, 06th March 2025: Originating from Japan, pod-style hotels have recently gained popularity in India's hospitality sector due to their efficiency, affordability, and space-saving accommodations—especially among budget travellers. One innovative Indian capsule hotel startup, NapTapGo, has raised $500K in pre-seed funding, with support from T9L Qube,
Over 1,100 employees will be let go by JioStar as the newly established joint venture between Viacom18 of Reliance Industries Ltd. and the India division of The Walt Disney Co. eliminates overlapping responsibilities as a result of the merger. According to media reports, the departures began a month ago
According to government sources, public consultations on the draft Digital Personal Data Protection (DPDP) laws are now complete, and the final version could be released in the next eight weeks or so. The draft will not significantly alter anything. There won't be another extension for receiving the remarks,
In addition to developing India's largest supercomputer, Ola's artificial intelligence (AI) initiative, Krutrim, announced on 6 March that it is collaborating with Lenovo to develop Krutrim 3, a 700-billion-parameter large language model (LLM). At the Lenovo Tech World India 2025 in Mumbai, Ola's chief
MapMyCrop, the world's first MaaS-based 360-degree Imagery Agro suite, has announced the closure of its Seed funding round, raising $1.8 million. The round was led by YourNest Venture Capital with a contribution from other angel investors, including Eaglewings Ventures. The investment will be used to expand operations,
New Delhi, 06th March 2025: Cellecor Gadgets Limited, one of India’s fastest-growing consumer electronics brands, has partnered with Zepto, India’s leading quick commerce platform, to enable users to purchase Cellecor’s range of products seamlessly through Zepto’s rapid delivery network. Through this partnership, Cellecor aims to enhance
India’s most valuable drone startup, Garuda Aerospace, announces a strategic investment in Zuppa, an indigenous deep-tech startup specializing in cyber-secure drones and advanced autopilot systems. Garuda Aerospace’s investment in Zuppa marks a major milestone in strengthening the Make in India drone ecosystem, aligning with the government’s vision
According to a senior Jabil official on 6 March, the US electronics manufacturer Jabil wants to invest about $125 million to establish a silicon photonics production facility in Gujarat. Jabil has decades of experience in silicon photonics technologies, according to Matt Crowley, Executive Vice President, Global Business Unit, who spoke
Mukesh Ambani and his daughter Isha Ambani are reportedly considering job and cost reductions as sales of Reliance Retail declines sharply. This includes reducing marketing expenditures, postponing the opening of new stores, combining Reliance Brands Ltd. with the bigger retail company, and reevaluating international brand alliances. Additionally, higher-paying staff will