Maharashtra 'Startup Capital' of India, 45 % of State's Startups Led by Women: CM Fadnavis
Published on: Nov. 10, 2025, 9:44 a.m. | Source:
Outlook Business
Maharashtra has emerged as India's true "startup capital", boasting the highest number of registered startups in the country, with nearly 45 % of them led by women, Chief Minister Devendra Fadnavis said on Sunday
Lenskart IPO Today: Peyush Bansal Calls It ‘Day Zero’, But What Does GMP Signal Ahead of Listing?
Published on: Nov. 10, 2025, 9:04 a.m. | Source:
Republic World
Lenskart’s entry into the stock market marks a key moment in India’s startup ecosystem, symbolizing the maturing of homegrown consumer brands. While the GMP suggests a flat debut, long-term investors remain optimistic about the company’s growth prospects, omnichannel expansion, and global ambitions.
Advanced Robotic & Laparoscopic Cancer Surgery by Dr. Aditya Manke — expert care with faster, safer recovery. Specialist in GI, HPB, and complex cancer surgeries, delivering precision treatment with c
Meet Alexandr Wang - The 28-Year-Old College Dropout Billionaire Hired By Zuckerberg To Lead Meta’s $14 Billion AI Bet
Published on: Nov. 10, 2025, 5:20 a.m. | Source:
Zee News
Meta CEO Mark Zuckerberg has put Alexandr Wang at the helm of the company’s AI empire in June 2025, backing his startup with a staggering $14.3 billion investment.
Maharashtra leads in startups, 45% driven by women: CM
Published on: Nov. 10, 2025, 5 a.m. | Source:
Hindustan Times
Calling Maharashtra the “true startup capital of India,” Fadnavis said that the government is committed to strengthening innovation and entrepreneurship among youth | Mumbai news
Mumbai: CM Devendra Fadnavis inaugurates SNDT Women’s University startup event ‘Innovation Mahakumbh 2025’
Published on: Nov. 9, 2025, 11:45 p.m. | Source:
Times of India
Mumbai: CM Devendra Fadnavis inaugurated the Innovation Mahakumbh 2025 of SNDT Women's University at Juhu on Sunday. He also inaugurated the universit.
Assam Cabinet Gives Nod To Ban Polygamy; CM Sarma Says Bill To Be Tabled In Assembly This Month
Published on: Nov. 9, 2025, 10:51 p.m. | Source:
News18
Assam Chief Minister Himanta Biswa Sarma announces polygamy ban bill, new fund for victims, startup policy, judicial township, and SU-KA-PHA University plans.
Assam's cabinet has approved a bill to prohibit polygamy, with a seven-year jail term for offenders, excluding tribal communities in Sixth Schedule areas. The government will table the Assam Prohibition of Polygamy Bill 2025 in the upcoming assembly session. Additionally, the cabinet approved the Assam Startup and Innovation Policy 2025-30, allocating Rs 397 crore to foster entrepreneurship.
Work on your own terms — become a freelancer with us! Choose projects you love, set your own schedule, and start earning today. No fixed hours, no limits — just flexibility and freedom.
Startup push: DPIIT signs MoUs with 50+ firms to boost manufacturing innovation; aims to scale startup ecosystem through industry tie
Published on: Nov. 9, 2025, 5:55 p.m. | Source:
Times of India
India Business News: The Department for Promotion of Industry and Internal Trade has signed over 50 MoUs with leading companies like ITC, Flipkart, and Mercedes-Benz. This
DPIIT Inks Pacts With Over 50 Firms To Promote MFG, Innovation Ecosystem For Startups
Published on: Nov. 9, 2025, 3:51 p.m. | Source:
Outlook Business
This is part of the exercise to encourage the startup ecosystem and the industry at large to foster innovation in manufacturing by supporting and collaborating with startups and developing manufacturing incubators
'Hire attractive...': Indian founders face racist attacks even as their AI startup raises $61 mn
Published on: Nov. 9, 2025, 2:20 p.m. | Source:
Business Today
The IIT Kharagpur graduates, both Forbes 30 Under 30 honourees, shared the milestone through a video on X (formerly Twitter), revealing that their product is already being used by DoorDash and is now set to expand to several Fortune 100 companies.
A software developer shared a concerning trend on Reddit where AI tools are used to increase employee workload without fair compensation. Management at a startup mandated employees pay for an AI coding assistant, promising reimbursement, but later imposed strict conditions, leading to frustration and a feeling of exploitation.
‘Beg for reimbursement’: Software developer flags 'peak extortion' as startup makes staff pay for company’s AI tool
Published on: Nov. 9, 2025, 10:32 a.m. | Source:
Business Today
In a detailed Reddit post, the developer explained how the management’s push for faster productivity turned into what he called “peak employee extortion.”
He Rejected Rs 4,00,00,000 Job Offer, Now His AI Startup Has Raised Rs 5,00,00,00,000- Meet The IITian Behind It
Published on: Nov. 9, 2025, 9:26 a.m. | Source:
Zee News
An old LinkedIn post by co-founder Varun Vummadi has resurfaced, revealing just how big the leap of faith was for the duo. Vummadi shared that he had been offered both a PhD position at Stanford University and a 525,000 dollars-per-year role as a quant trader at a global high-frequency trading firm.
DevFest Jammu ignites innovation at Zone by The Park
Published on: Nov. 9, 2025, 4:51 a.m. | Source:
Daily Excelsior
Excelsior Correspondent JAMMU, Nov 8: Google Developer Group (GDG) Jammu organized DevFest Jammu 2025, a one-day developer celebration held at Zone by The Park, Jammu. The event brought together over 150 attendees and 10 distinguished speakers, including industry experts, Google Developer Experts, and startup founders, to explore the latest in AI, Cloud, and emerging technologies. The event was graced by Arun Teja Godavarthi, Community Manager, Global Developer Programs – India, Google for Developers, who served as the chief guest and […]
X user bullies Forbes 30 under 30 startup founders for their looks, netizens call out racism against Indians online
Published on: Nov. 8, 2025, 11:14 p.m. | Source:
Livemint
Giga, co-founded by IIT Kharagpur alumni Varun Vummadi and Esha Manideep, secured $61 million in funding and partnered with DoorDash. The startup, focused on AI-driven customer support, faced backlash on social media due to a racist tweet targeting its founders' appearances.
'No regrets': Startup founder reveals wife quit coveted UPSC post over Delhi pollution fears
Published on: Nov. 8, 2025, 9:53 p.m. | Source:
Business Today
Environmental experts have repeatedly warned that prolonged exposure to Delhi’s air, which often stays in the “severe” category for days, can lead to long-term respiratory and cardiovascular illnesses — especially among children and the elderly.
'Black & Indian, Like Cartoon': Indian Startup Founders Face Racist Trolls After Raising $61 Million Funding
Published on: Nov. 8, 2025, 3:21 p.m. | Source:
Republic World
Two Indian-origin startup founders based in California became the centre of racist trolling online after they posted a video on social media platform X. They were targeted for their appearance, origin and accent.
Bihar needs ‘startup, not hands up’, PM Modi targets RJD in Sitamarhi rally
Published on: Nov. 8, 2025, 2:08 p.m. | Source:
Hindustan Times
Modi said people were not voting for the RJD-led opposition in Bihar as they feared that if the INDIA came to power, the regime would “put a katta at their heads” | India News
In June 2025, the Meta CEO decisively appointed Alexandr to lead the company’s entire AI operation and backed his startup with an eye-watering $14.3 billion investment.
Indian employee claims startup made staff pay for AI tools, calls it 'peak exploitation'
Published on: Nov. 8, 2025, 11:30 a.m. | Source:
India Today
A Reddit user revealed how a startup forced developers to pay for AI tool subscriptions. The incident raises concerns over fairness and ethics in AI-driven workplaces.
In a satirical skit mocking startup founders, Ashneer Grover ignores the profitable venture and instead turns to the tech founder, who proudly claims his company earns Rs 100 crore in revenue despite incurring Rs 700 crore in losses.
Tesla Shareholders Didn’t Approve of Investment in Musk’s xAI
Published on: Nov. 8, 2025, 10:18 a.m. | Source:
NDTV Profit
A Tesla Inc. shareholder proposal for the board to authorize an investment in xAI wasn’t approved, clouding prospects for the Elon Musk-led carmaker to take a stake in his artificial intelligence startup.
India’s AI ecosystem offers scalable platform for innovation with French partners
Published on: Nov. 8, 2025, 9:36 a.m. | Source:
Lokmat Times
India’s AI ecosystem offers scalable platform for innovation with French partners - New Delhi, Nov 8 India’s AI ecosystem, anchored in digital public infrastructure (DPI), a vibrant startup network and ... Get Latest News on Technology only on lokmattimes.com
OpenAI Asks US To Expand Chips Tax Credit To AI Data Centers
Published on: Nov. 8, 2025, 9:27 a.m. | Source:
NDTV Profit
OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure, as the startup explores additional ways the US government can support an industrywide data center build-out for AI.
The move comes on the heels of a large-scale global expansion by Anthropic to triple its international workforce to meet a rise in demand for its Claude AI large language models outside the United States.
Published on: Nov. 8, 2025, 4:18 a.m. | Source:
Hindustan Times
Olee.Space by Citoto Digital Personality Pvt Ltd., founded in 2023, has brought about a big change, building a new way to transmit data, via laser beams–cheap, effective, and fast
IIT-Kharagpur and University of Bayreuth Unite for Sustainable Innovation
Published on: Nov. 7, 2025, 10:21 p.m. | Source:
Devdiscourse
IIT-Kharagpur and the University of Bayreuth have partnered to establish an Indo-German Centre of Excellence on Innovation. This collaboration aims to promote sustainable technologies, deep-tech innovation, and talent development. The center will act as a hub for academic, industrial, and startup collaborations between India and Germany.
A software developer shared his impressive career ascent, moving from an annual salary under ₹2 lakh to a monthly income exceeding ₹1.8 lakh. Over five years, he transformed from a junior role at a startup to a high-paying position, attributing his success to persistence, continuous learning, and mastering full-stack development skills like React, Node.js, Python, and AWS.
IIT Kharagpur alumni Varun Vummadi and Esha Manideep secured $61 million in Series A funding for their AI startup, Giga. They famously turned down lucrative academic and corporate offers to pursue their entrepreneurial vision. Giga simplifies Large Language Model usage, offering faster, cheaper, and specialized AI solutions for enterprises.
Infobip Shift 2025: One of Europe's Largest Developer Conferences Takes Place in Asia for the First Time
Published on: Nov. 7, 2025, 6:25 p.m. | Source:
The Tribune
Kuala Lumpur [Malaysia], November 7: Infobip Shift, one of the most attended developer conferences, was held in Asia for the first time, in Kuala Lumpur, a city known for its growing tech and startup community. The conference aimed to connect developers, startups, and tech leaders across Southeast Asia, fostering knowledge exchange on AI, software development, and innovation. Expanding to a third continent and connecting developers across global tech hubs.
India's startup ecosystem is shifting focus to smaller towns and cities. Rising digital access and consumer demand in these areas are driving growth. Companies like Swiggy, Lenskart, Urban Company, and PB Fintech are expanding their reach. This trend signals a new phase of economic and digital development for the country.
The minister added that Kerala has come a long way since the days of Murali and Sethumadhavan..Kerala entrepreneurship, Ease of Doing Business Kerala, Startup ecosystem Kerala, Kerala business environment, MSME support Kerala, Kerala startup success stories, Challenges of entrepreneurship in Kerala, Modern Kerala entrepreneurs, Government support for businesses in Kerala, Kerala industries transformation, Cloud kitchen business, Entrepreneurship in India, Kerala business regulations, LLM applications in business, AI for business development
Startup Park opens in Bengaluru, igniting India’s next innovation wave
Published on: Nov. 7, 2025, 3:54 p.m. | Source:
Times of India
The city once called the “Silicon Valley of India” has done it again. With the grand opening of Startup Park, Bengaluru has once again become the hear.
Chen Deli took the stage alongside the chief executives of five other companies including Unitree and BrainCo at the World Internet Conference in the city of Wuzhen, in the eastern province of Zhejiang. The six companies together are known in China as "six little dragons" for AI.
Who is Varun Vummadi? IIT grad who rejected Stanford PhD and raised $61M startup
Published on: Nov. 7, 2025, 3:33 p.m. | Source:
India Today
IIT Kharagpur graduate Varun Vummadi turned down a Stanford PhD and a $525K global HFT job offer to build Giga with batchmate Esha Manideep. Two years later, the AI chatbot that is smarter and cheaper than its peers has raised a $61M Series A to automate customer operations with AI, serving major clients like DoorDash.
old IIT grads behind AI startup Giga, they just raised $61 million
Published on: Nov. 7, 2025, 3:22 p.m. | Source:
India Today
Two IIT Kharagpur engineers have raised $61 million in Series A funding for their AI startup Giga. Their bold decision to reject lucrative jobs highlights a growing trend among Indian engineers pursuing startup innovation.
Unleashing Innovation: Pitch Perfect 2.0 to Boost Startup Ecosystem
Published on: Nov. 7, 2025, 2:56 p.m. | Source:
Devdiscourse
The I-Hub Foundation for Cobotics (IHFC) at IIT Delhi launches 'Pitch Perfect 2.0', a transformative startup initiative in Bengaluru, Mumbai, and Delhi. The program provides deep tech founders with access to mentorship, funding, and growth opportunities, collaborating with top venture capitalists and corporate visionaries.
Rajat Sharma, who is the founder and CEO of a startup called Sana Securities, wrote on X, “For years, I have wondered what the point of these IPO advertisement billboards plastered over highways and crowded markets?”
‘Only fools still dream of McKinsey’: Startup founder backs Nikhil Kamath’s view on MBA losing relevance
Published on: Nov. 7, 2025, 1:58 p.m. | Source:
Business Today
In 2025 India, the founder argues, the equation has flipped. With startups flourishing in Gurugram and Bengaluru, tier-2 cities creating homegrown brands, and global capability centers (GCCs) expanding opportunities, ambitious professionals now have a range of entry points.
Robotics startup Miko has secured $10.5 million in funding from iHeartMedia, an American audio media company. This partnership will see iHeart's audio content integrated into Miko's AI-powered robots, aiming to make them a household name across North America. Miko's AI platform utilizes generative content and advanced sensors for engaging user interactions.
The cryo pump, currently undergoing validation and certification at ISRO, marks a major technical milestone for India’s emerging private space supply chain. Post ISRO validation, Astrophel Aerospace will be the first startup to receive certification for use not only in rocket engines but also in industrial cryogenics across oil & gas, medical, and energy sectors
Moonshot AI, a Chinese startup backed by Alibaba, released its latest AI model, Kimi K2 Thinking, on November 6. The model surpassed several leading AI systems, including OpenAI's GPT-5 and Claude Sonnet 4.5, in key reasoning and coding benchmarks.
US-based startup Giga's co-founders Varun Vummadi and Esha Manideep became subjects of vicious online trolling on X. Many sought to steal the focus away from the Indian-origin techies' impressive fund-raising round.
Karnataka aims to expand startup success statewide with funding for early-stage ventures and new incubation centres, Centres of Excellence, and R&D hubs under i
‘Hire attractive people’: IIT Kharagpur alums mocked for looks after raising $61 mn for startup
Published on: Nov. 7, 2025, 8:25 a.m. | Source:
Business Today
As the duo released a video explaining how Giga’s voice AI operates in live business environments, comments targeting their appearance and Indian accents quickly surfaced online.
origin CEOs face racist trolling as they announce $61M fund for their startup
Published on: Nov. 7, 2025, 2:03 a.m. | Source:
Times of India
US News: IIT Kharagpur graduates and Forbes 30 Under 30 alums Varun Vummadi and Esha Manideep were subjected to vicious trolling as they released their video a.
Published on: Nov. 7, 2025, 1:08 a.m. | Source:
Times of India
Chennai: Indian video gaming startups are poised to benefit from the govt's recent ban on real-money games (RMGs). Startup founders, venture capital f.
Google's Green Deal: Powering AI with Amazon Restoration
Published on: Nov. 7, 2025, 12:43 a.m. | Source:
Devdiscourse
Google has partnered with Brazilian startup Mombak to finance the restoration of the Amazon rainforest. This initiative aims to offset 200,000 metric tons of carbon emissions from Google's energy-hungry data centers. The agreement highlights Big Tech's focus on sustainable practices and credible carbon offsetting strategies.
Published on: Nov. 6, 2025, 9:57 p.m. | Source:
Times of India
Bengaluru: The state cabinet Thursday approved the Startup Policy 2025–2030, a five-year plan with an outlay of Rs 518 crore aimed at creating 25,000 .
Work on your own terms — become a freelancer with us! Choose projects you love, set your own schedule, and start earning today. No fixed hours, no limits — just flexibility and freedom.
Bridging Innovation: India-Nepal Startup Partnership Kicks Off with Orientation Session
Published on: Nov. 6, 2025, 9:35 p.m. | Source:
Devdiscourse
The Indian Embassy in Kathmandu hosted an orientation for the India-Nepal Startup Partnership Network, set to begin in December 2025. The initiative aims to boost collaboration between the two nations' startup ecosystems through a program at IIT Madras, involving training, mentorship, and internships for Nepalese startups.
Karnataka Cabinet approves policy to help set up 25,000 start-ups in five years
Published on: Nov. 6, 2025, 9:32 p.m. | Source:
The Hindu
The Karnataka Cabinet on Thursday approved the Karnataka Startup Policy 2025-30 that seeks to develop the State as a global innovation centre and help set up an additional 25,000 start-ups.
Google is investing in Amazon rainforest restoration through a major deal with Brazilian startup Mombak. This initiative aims to offset carbon emissions from Google's energy-intensive data centers. The agreement highlights a growing demand for high-quality carbon removal credits. Mombak's reforestation projects are fetching significantly higher prices than traditional REDD credits, reflecting a push for credible climate solutions.
Stream Ring by Sandbar records a whisper and transcribes it to your phone
Published on: Nov. 6, 2025, 7:17 p.m. | Source:
Livemint
Sandbar, a startup founded by former Meta and CTRL-Labs engineers, has unveiled Stream Ring, an AI smart ring that records whispered voice notes, transcribes them, and chats in your cloned voice. Preorders start at 249 dollars, with US shipping in summer 2026.
The ET Soonicorns Summit Sundowner series concluded its vibrant 2025 journey in Mumbai on October 29, celebrating India’s burgeoning startup ecosystem with a sharp regional focus on Maharashtra’s soonicorns and minicorns. The collective insights highlighted a maturing, selective capital scene where founder authenticity, financial rigour, and strategic alignment become the ultimate currency.
Google to fund restoration of Amazon rainforest in its biggest carbon removal deal
Published on: Nov. 6, 2025, 6:50 p.m. | Source:
Times of India
Tech News News: Google has announced its largest carbon removal deal, financing Amazon rainforest restoration through Brazilian startup Mombak. This significant commi
India's startup dream faces a reality check as many ventures falter. The article presents nine crucial questions to evaluate business models. These questions probe customer loyalty, innovation impact and recurring revenue potential. Understanding these aspects is vital for distinguishing lasting success from fleeting hype in the Indian startup ecosystem.
Google's Monumental Amazon Rainforest Deal: Leading the Green Tech Charge
Published on: Nov. 6, 2025, 5:08 p.m. | Source:
Devdiscourse
Google has committed to a significant carbon removal deal with Brazilian startup Mombak to restore the Amazon rainforest, aiming to offset emissions from its energy-intensive data centers. This collaboration marks a move towards high-quality carbon credits and reflects a growing trend among big tech to mitigate climate impacts.
Wyzard.ai secures Rs 4.5 crore in angel round to o scale AI
Published on: Nov. 6, 2025, 5:01 p.m. | Source:
Times of India
Tech News News: Wyzard.ai, a startup focused on turning sales signals into revenue, has successfully raised ₹4.5 crore in its inaugural external funding round. This s
Experts warn that such artificial illumination could disrupt astronomical observations, pose safety risks to aviation, and alter the night sky's appearance.
Published on: Nov. 6, 2025, 3:56 p.m. | Source:
Devdiscourse
The Indian Embassy in Kathmandu hosted an orientation for the India Nepal Startup Partnership Network (IN-SPAN), set to launch its first program at IIT Madras in December 2025. The initiative aims to enhance collaboration between the startups of both nations through an eight-week training and innovation course.
Startup IPO Rush: Decoding Groww's Growth Hack That Fuelled Rise From MF Distributor To Top Discount Broker
Published on: Nov. 6, 2025, 3:38 p.m. | Source:
NDTV Profit
Groww or rather, Billionbrains Garage Ventures Ltd. has become the latest storm to hit Dalal Street. Yet unlike most IPO-bound startups, Groww’s story doesn’t glitter with celebrity founders or Silicon Valley glamour. It’s the quintessential Indian startup tale: humble beginnings, sharp execution, and relentless focus.
CEO says life was better before his startup hit $1 billion valuation: ‘No one noticed us’
Published on: Nov. 6, 2025, 3:20 p.m. | Source:
Hindustan Times
The founder and CEO of Raise Financial Services feels that life was better before his fintech startup hit the $1 billion valuation milestone. | Trending News
Forging New Ties: India-Nepal Startup Partnership Initiative Launches
Published on: Nov. 6, 2025, 3:19 p.m. | Source:
Devdiscourse
The Indian Embassy in Kathmandu launched the India Nepal Startup Partnership Network to foster collaboration between Indian and Nepalese startups. The inaugural program, set for December 2025 at IIT Madras, offers 8 weeks of training and mentorship, strengthening ties and innovation in the region's startup ecosystems.
Kathmandu: Indian Embassy organises orientation session for IN
Published on: Nov. 6, 2025, 3:15 p.m. | Source:
The Tribune
The first-ever IN-SPAN program is scheduled to begin in December 2025 at IIT Madras with the broad aim of facilitating enhanced interaction between the Startup ecosystems of India and Nepal.
BankU India launches 150+ APIs to strengthen India's Fintech and Startup Ecosystem 'Atmanirbharta Ki Nayi Udaan'
Published on: Nov. 6, 2025, 2:25 p.m. | Source:
The Tribune
New Delhi [India], November 6: In a landmark move that could redefine India's financial technology landscape, BankU India Limited has announced the launch of 150+ advanced APIs (Application Programming Interfaces) aimed at strengthening India's fintech, startup, and MSME ecosystem.
The initiative aims to provide a platform for emerging startups in the AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) and entertainment sectors to connect with global industry leaders, investors, and production studios.
Indian startup achieves quantum communication over 500 km with Army's help
Published on: Nov. 6, 2025, 1:14 p.m. | Source:
India Today
The major accomplishment was achieved by QNu Labs, which used existing optical fiber infrastructure to deploy the network, signifying a groundbreaking step in quantum-secure communication.
Snapchat partners with Perplexity AI; to soon bring search feature
Published on: Nov. 6, 2025, 11:34 a.m. | Source:
Times of India
Tech News News: Snap Inc. has reported impressive revenue figures, surpassing analyst expectations. The company is partnering with AI startup Perplexity AI, integrati
Amazon sues Perplexity over 'agentic' shopping tool
Published on: Nov. 6, 2025, 10:06 a.m. | Source:
The Hindu
Amazon sued Perplexity AI over the startup’s "agentic" shopping feature, which uses automation to place orders for users, saying it covertly accessed Amazon customer accounts and disguised automated activity as human browsing.
Snapchat to get smarter? Perplexity AI coming to chats in 2026 in $400 million partnership
Published on: Nov. 6, 2025, 9:41 a.m. | Source:
India Today
Snapchat is taking a major leap in AI with a new partnership that could redefine how users interact with the app. Snap Inc. has teamed up with AI startup Perplexity to bring its powerful search and answer engine directly into Snapchat chats, a deal worth $400 million in cash and equity, with revenue expected to flow in from 2026.
Google has launched a two-week AI skilling programme under Google for Startups India to help early-stage founders and entrepreneurs build AI-powered prototypes using tools like Gemini, Imagen, Veo, and AI Studio. Running from Nov 27–Dec 7, 2025, it offers hands-on AI training, certification, and a chance to join the “Build the Future” Showcase in Jan 2026.
Published on: Nov. 6, 2025, 9:21 a.m. | Source:
Outlook Business
With SEBI’s bar in place, startups lose a domestic investor base that offers both liquidity and legitimacy. This would lead to tighter pre-listing funding, conservative pricing, and delayed deal closures as companies turn to AIFs, family offices, and foreign funds to fill the gap
'$80,000 gone, 2 years of torture': Exporting from India nearly broke me, says startup founder
Published on: Nov. 6, 2025, 8:43 a.m. | Source:
Business Today
Things get worse when it comes to receiving payments. According to Jaineel, GST offsets and export subsidies require more approvals and multiple follow-ups, slowing down operations and cash flows. “There is friction while bringing funds into India,” he says.
AI startup Perplexity will pay Snap $400 million over one year in cash and equity, with revenue contributions expected from 2026. The integration of Perplexity AI will offer verifiable answers to questions within the Snapchat app, aiming to draw more users on the social media platform and boost customer retention.
Kalaari Capital leads the pre-seed round as the startup, founded by former Dell executives, builds an AI-native platform to secure and automate enterprise data infrastructure
The startup, which has developed a proprietary and trademarked platform that helps large enterprises operate and control their hybrid cloud systems, will use the funds to speed up product development, go-to-market execution, and enterprise-scale infrastructure readiness.
Per Siddhesh Naik, cofounder & CEO of the Bengaluru-based spacetech startup, a growing number of shadow fleets are being observed in the Indian Ocean, and Ulook’s satellites are capable of detecting their concealed radio signals to accurately determine their location, movement, and duration of stay in a particular area.
Startup Executive Sentenced in $175M JPMorgan Fraud Case
Published on: Nov. 6, 2025, 4:13 a.m. | Source:
Devdiscourse
Olivier Amar, a former executive at the startup Frank, has been sentenced to over five years in prison for his role in defrauding JPMorgan Chase during its $175 million acquisition of the company. Frank's founder, Charlie Javice, had previously received a seven-year sentence. Amar is also ordered to pay restitution.
Artificial intelligence (AI) startup Perplexity termed the lawsuit brought by Amazon against its agentic shopping tool a “threat to all internet users.” The online retail giant has approached the US District Court for the northern district of California to prohibit the use of Perplexity’s Comet AI agent on its platform, citing security risks and misconduct.