Startup News
Innovation, Energy & Tech: PM Modi's Focus in Talks with Cypriot Business Leaders
PM Modi met Cypriot CEOs, emphasizing immense potential for India-Cyprus collaboration in innovation, energy, and technology. He highlighted India's growth and startup ecosystem, inviting Cypriot investment. The focus on these key sectors aims to deepen bilateral ties and unlock new avenues for mutual prosperity.
India's Economy Demonstrates Resilience, Sustaining Growth Amid Global Headwinds
India's economy defies global uncertainties, achieving robust 7.4% GDP growth in Q4 FY25! Driven by services and construction, with inflation easing to 3.2%. A resilient performance with strong public investment and supportive RBI policies, painting a bright picture for India's economic future.
Indian Healthcare Giants Manipal and Fortis Eye Sahyadri Hospitals, Seek ₹5,000 Crore Funding
Indian healthcare heats up! Manipal and Fortis are seeking ₹5,000 crore to bid for Sahyadri Hospitals, Maharashtra's largest private chain. This intense competition for a key asset highlights the rapid consolidation and growth in India's booming healthcare sector. Who will win this crucial battle for market share?
Google's Proposed $32 Billion Wiz Acquisition Faces US Antitrust Scrutiny
Google's colossal $32 billion bid for cybersecurity firm Wiz is hitting a major roadblock: a US antitrust review. Regulators are scrutinizing if this mega-deal, Google's largest ever, would unfairly impact competition in the vital cloud security market. The outcome could reshape the tech landscape.
Databricks Intensifies Focus on India with $250 Million Investment for AI Innovation
Databricks is supercharging its India play with a $250M investment! This massive push will boost R&D, expand operations, and train 500,000 data & AI pros. Get ready for a huge surge in AI innovation from India, cementing its role as a global tech leader.
Fidelity Boosts Lenskart's Valuation to $6.1 Billion, Signaling Strong Pre-IPO Momentum
Fidelity has boosted Lenskart's valuation to a staggering $6.1 billion, a 21% jump! This significant mark-up signals strong investor confidence as the eyewear giant eyes a potential $1 billion IPO at a $10 billion valuation. Lenskart's financial performance is soaring, paving the way for a landmark public debut.
Uttar Pradesh Unveils Landmark GCC Policy: Aims to Become Global Office Hub, Generate Over 2 Lakh Jobs
Uttar Pradesh is set to become a global office powerhouse! The new GCC Policy offers massive incentives to attract multinational corporations, aiming to create 2 lakh+ jobs. Get ready for a monumental economic shift in UP, leveraging its talent and infrastructure to become a top destination for global capability centers.
Paytm Shares Tumble 10% After Finance Ministry Rejects UPI MDR Reintroduction
Paytm shares plunged 10% after the Finance Ministry dismissed speculation about reintroducing MDR on UPI transactions. Hopes for a new revenue stream were dashed, highlighting fintech's sensitivity to policy. Despite the setback, UPI continues its record growth, with the government committed to free services amidst sustainability questions.
Streaming Giants Tighten Belts: New Strategies Emerge to Curb Soaring Content Costs
Indian OTT platforms are recalibrating, adopting cost-cutting strategies like benchmarking, data-driven decisions, and co-productions. Facing profitability pressures and subscriber churn, they're now prioritizing quality and regional content over sheer volume. This strategic shift aims for sustainable growth and optimized investments in the competitive streaming market.
India's Experienced Founders: Seed Funding Soars by 243% for Former Startup Execs in 2024
Former Indian startup execs secured $101M in seed funding in 2024, up 243% YoY. Their deep experience from scaling ventures boosts investor confidence, signaling a maturing ecosystem where seasoned 'operator-founders' are driving new, resilient startups. A significant trend for India's tech future.
Beyond the Echo Chamber: Why India's AI Journey Needs Original Thought, Not Just Replicas
India's AI future hinges on imagination, not just imitating global models like ChatGPT. Experts urge focusing on unique Indian challenges, developing foundational AI models that understand human actions for robotics, and driving research-led product design for reliable AI agents. Leveraging India's vast talent for data creation and aiming for the next AI paradigm shift, beyond current deep learnin
PowerUp Money Secures $7.1 Million Seed Funding to Revolutionize Indian Wealth Advisory
Wealthtech startup PowerUp Money secured $7.1M in seed funding from Accel, Blume Ventures, and Kae Capital. The Bengaluru-based company, founded by Prateek Jindal (ex-Uni Cards), aims to simplify financial planning and investment advisory for Indian retail investors. Funds will accelerate product development, enhance its intelligence engine, and scale advisory services, targeting 10M users in thre