Category: Startups
Driven by AI, edtech funding rebounds with 5X surge in H1 2025
India’s edtech sector witnessed a rebound in the first half of 2025 after a period of slowdown. Funding activity surged more than fivefold year-on-year, with…
OpenAI and ARISE collaborate to empower K-12 educators in India with AI integration
Artificial Intelligence giant OpenAI, the company behind ChatGPT, has collaborated with the Association for Reinventing School Education (ARISE) to bring advanced artificial intelligence tools and…
Proposals for AI solutions invited under Kerala AI initiative
Kerala State IT Mission, in collaboration with Kerala Startup Mission (KSUM), has invited artificial intelligence (AI) solutions that address real-world governance challenges identified by various…
Indifi’s revenue rises 22% to Rs 360 crore; net losses widen to Rs 45 crore
The lender to micro, small, and medium enterprises (MSMEs), Indifi Technologies, has reported an increase in revenue to Rs 360 crore in FY25, up from…
RBI imposes Rs 21 lakh penalty on PhonePe
The Reserve Bank of India on Friday said it has imposed a penalty of Rs 21 lakh on PhonePe Limited for non-compliance with certain norms…
Urban Company IPO closes with 104x subscription
The initial public offering (IPO) of at-home services platform Urban Company closed on a strong note Friday, with bids coming in at 103.6 times the…
Databricks AI chief to exit, launch a new computer startup
Naveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position to launch a new venture…
Govt launches Rs 100-crore scheme for startups to aid innovations in green hydrogen
Union Minister Pralhad Joshi on Thursday launched a Rs 100-crore scheme for startups to support innovations in green hydrogen production. “The scheme will provide up…
Dream11, three other startups off unicorn list after online gaming law: Report
As many as four startups, including Dream11 and Games24x7, have lost the coveted unicorn status after the government introduced a law to regulate the activities…
Fintech platform BillCut appoints Anupam Bhat as CFO
Anupam Bhat, former chief financial officer of Airtel Africa, has joined financial services startup BillCut as CFO. This comes a few months after former Paytm…