Phot.AI, an AI-driven creative automation platform, has raised $2.7 million in seed funding to transform the way e-commerce brands, advertisers, and marketplaces create and optimize visual content. The funding round was led by Info Edge Ventures, with participation from Together Fund, AC Ventures, and over 50 angel investors. Founded in 2023 by Venus Dhuria, Aneesh … Read more
Shield AI, a leading deep-tech company specializing in autonomy software and defense aircraft, has successfully raised $240 million in an F-1 strategic funding round, pushing its valuation to $5.3 billion. The funding round saw major participation from L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: 012450), alongside existing investors such as Andreessen Horowitz, U.S. Innovative Technology, … Read more
In a significant boost to India’s AI and cloud ecosystem, Microsoft Chairman and CEO Satya Nadella announced a $3 billion investment during his visit to the country. This initiative, planned over the next two years, includes developing advanced AI infrastructure, establishing new datacenters, and skilling millions of Indians in AI technologies. This investment aligns with … Read more
Elon Musk’s artificial intelligence startup, xAI, has successfully raised $6 billion in its latest funding round, cementing its position as one of the world’s most valuable AI companies with an estimated valuation of $50 billion. This development comes as xAI intensifies its competition against industry leaders like OpenAI, which is valued at $157 billion. Key … Read more
Fitsol, a pioneering decarbonization platform for the manufacturing industry, has raised USD 1 million in seed funding led by Transition VC. Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol is committed to enabling manufacturers to measure, report, and actively reduce carbon emissions through its innovative AI-driven platform, … Read more
Evinced, the leading software company driving accessible web and mobile development, has announced a successful $55 million Series C funding round, bringing its total funding to $112 million. The round was led by Insight Partners, with participation from existing investors M12 (Microsoft’s venture fund), BGV, Capital One Ventures, and Engineering Capital. Additionally, Evinced welcomed Vertex … Read more
Lightning AI, creator of the popular PyTorch Lightning framework, has announced a $50 million equity investment from industry giants including Cisco Investments, J.P. Morgan, K5 Global, and NVIDIA. This brings the company’s total funding to an impressive $103 million. Rapid Growth and Adoption Since its launch just 12 months ago, Lightning AI has achieved remarkable … Read more
Popcorn AI, the future of conversational commerce, today announced its $500,000 pre-seed funding round, with participation from Spring Studio’s fund, backed by Salica Investments and Al Waha Fund of Funds, and strategic angel investors from across the Kingdom of Saudi Arabia. This investment marks a significant milestone in transforming how businesses connect, engage, and transact with their customers … Read more
Salesforce, announced the inaugural edition of AI Pitchfield, the first-ever startup pitch competition by the Salesforce Startup Community in collaboration with Salesforce Ventures, Lightspeed India and Khaitan & Co. The competition will bring together B2B SaaS, AI-first, and AI-focused startups in India and across Southeast Asia offering them a chance to put their best pitch forward … Read more
Neysa, a pioneering AI Acceleration Cloud System provider, has successfully raised $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This latest investment follows Neysa’s earlier $20 million seed round this year, showcasing strong investor confidence in its mission to accelerate generative AI innovation … Read more
Assert AI, India’s largest Computer Vision SAAS company, announces the successful closure of its Series A funding round, raising a total of 30 Crores (USD 4 Million). This significant investment, led by prominent investors including Ramesh Hariharan (ex-CTO and Co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (India’s largest integrated … Read more
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA’s advanced AI technologies to introduce the … Read more
Onetab, the Generative AI SaaS startup kick-started by Saket Dandotia and Alok Patil has launched OneBharat, a series of developer community meets across India. They hosted their first-ever developer community meet at Hyderabad on Saturday which saw attendance from over 100+ tech and AI enthusiasts. This was the first of the multi-city developers meet, which … Read more
Cureskin, an AI-driven dermatology platform that provides clinically validated skin & hair health solutions, has raised Series B funding of USD 20 million. The round was led by India’s leading digital health-focused venture capital fund, HealthQuad along with participation from existing marquee investors including JSW Ventures, Khosla Ventures and Sharrp Ventures. The latest investment brings … Read more
Turbostart has launched an Innovation Challenge for people who have started small companies that work with AI or have creative ideas. This is being done to celebrate Turbostart’s fourth birthday and its dedication to supporting new ideas in Artificial Intelligence. After looking closely at the applications, Turbostart will choose 10 startups to present their ideas. … Read more
Ascendion, a leading provider of software engineering services, announces today the acquisition of Nitor Infotech, a software product engineering company that leverages disruptive technologies like Generative AI to build new products for clients. The acquisition is a step in Ascendion’s growth strategy to enhance competencies, expand into new markets, and offer a broader range of … Read more
