Tech Start-ups

Maruti Suzuki India on Friday said it has acquired around 8 per cent stake in technology-led startup Ravity Software Solutions, which specialises in providing connected mobility insights. The company has invested around Rs 2 crore in the startup for 7.84 per cent stake through Maruti Suzuki Innovation Fund. The auto major invests in startups through the Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups that exhibit high levels of innovation and potential to devise solutions relevant to the company's operations. This is the third investment under the fund with it having invested nearly Rs 2 crore each in Amlgo Labs in March 2024 and Sociograph Solutions in June 2022. "Startups are ideal partners as they bring agility, fresh thinking, and cutting-edge solutions, to support our goal of ensuring customer delight. Our investment in Ravity Software Solutions Private Limited will enable us to elevate customer experience through data-driven insight

The funding will accelerate ULOOK's mission to build indigenous capability in radio-frequency intelligence, marking a decisive step toward strengthening India's technological sovereignty in space

Hyderabad-based deep-tech startup Xbattery has raised $2.3 mn in seed funding led by Bipin Patel Family Office to scale BharatBMS and strengthen India's EV and energy storage ecosystem

AI-powered app-builder Rocket secures $15 million Seed funding led by Salesforce Ventures and Accel, to expand globally with a new headquarters in North America

Tyagi is a professor at the Indian Institute of Science (IISc), Bengaluru, and cofounded $1.2 billion artificial intelligence (AI) startup Sentient

Udaan has acquired ShopKirana in an all-stock deal, aiming to enhance its FMCG expertise, tech capabilities, and supply chain strengths as it prepares for an IPO in the coming years

Leading broadcaster ZEE Entertainment Enterprises Ltd (ZEEL) on Monday said it has entered into a strategic equity partnership with Bullet, a new-age content & tech start-up. ZEEL did not share much details on the transactions, but said "it will invest/acquire stake in Bullet". Co-founded by entrepreneurs Azim Lalani and Saurabh Kushwah, Bullet has developed India's first micro-drama application focused on fast-paced, creator-driven content through short duration vertical format episodes targeted towards the younger audiences. "Bullet will be launched within the ZEE5 ecosystem, leveraging its strong user base by enabling access to high-quality, bite-sized entertainment directly through the platform," according to a joint statement. Moreover, to have a pan-India appeal, the application will be available across languages and will harness the company's rich content engine and repertoire of language content, it said. The application will cater to the evolving consumption habits of ...

Young companies are now in better shape than in 2021 and 2022, when several startups that sought to capture India's booming capital markets cratered after listing at high valuations

The network has historically played a critical role in underpinning each wave of technology innovation, including mainframe to PC, client-server to cloud, and now the AI wave

According to the Tracxn Geo Quarterly India Tech Report, out of the $2.5 billion, three startups Erisha E Mobility, Darwinbox and Infra Market received funding of over $100 million each

Motive is among upstarts that are following major tech corporations like Meta and Microsoft into India, betting on one of world's deepest AI engineering pools to speed innovation

The success of UPI in India is a fascinating case study in the intersection of technology, policy, and socioeconomic factors

Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop

The company seeks to transform the communication landscape with advanced solutions for both ground and space-based networks

This first-of-its-kind integration of SAR and optical imagery addresses critical needs across sectors, including defence, agriculture, and disaster response

Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO's Chandrayaan-3 and Aditya-L1 missions

Biocon Chairperson Kiran Mazumdar-Shaw said efforts should be made to ensure the government becomes the first user of innovations from startups

The venture studio will identify technologies and lab stage ideas related to CO2 emission reduction primarily in the industrial and energy sector

Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"

After four consecutive half-year periods of decline in funding, H1CY24 has seen an upswing