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India Needs Hundreds Of Chip Companies To Build Global Ecosystem: L&T Semicon CEO

India, Sept. 18 -- "India will need hundreds of semiconductor companies to build a globally competitive chip ecosystem, as the country looks to move beyond setting up fabs and develop capabilities acr... Read More


OpenAI, Anthropic Want To Pace Frontier AI. But Who Sets The Rules?

India, Sept. 17 -- In July this year, OpenAI's models were being tested in a controlled cybersecurity environment and tasked with spotting and exploiting software vulnerabilities. The models found way... Read More


OpenAI & Anthropic Want To Pace Frontier AI, But Who Sets The Rules?

India, Sept. 17 -- In July this year, OpenAI's models were being tested in a controlled cybersecurity environment and tasked with spotting and exploiting software vulnerabilities. The models found way... Read More


Firi Bags $3 Mn To Expand Beauty Quick Commerce Platform

India, Sept. 16 -- Beauty quick commerce startup Firi has raised $3 Mn (about Rs.28.8 Cr) in a seed funding round led by 360 ONE Asset, with participation from Better Capital, CRED founder Kunal Shah,... Read More


Aakrit Vaish's Activate Closes Maiden VC Fund At $105 Mn To Back AI Startups

India, Sept. 16 -- Former Haptik CEO Aakrit Vaish-led VC firm Activate has announced the final close of its maiden fund at $105 Mn (around Rs.1,000 Cr). The fund, which was closed within a year of its... Read More


Meta Agrees To Report CSAM Cases To Indian Authorities Amid Govt Scrutiny

India, Sept. 15 -- Social media major Meta has agreed to report instances of child sexual abuse to the appropriate law enforcement agencies in India as the Centre steps up pressure on online platforms... Read More


Teachers' Venture Growth Doubles Down On Darwinbox With Fresh Investment

India, Sept. 15 -- HR tech unicorn Darwinbox has received a follow-on investment from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan... Read More


Lenskart Increases AjnaLens Stake To Over 9% To Deepen Smart Glasses Push

India, Sept. 14 -- Lenskart has increased its stake in extended reality (XR) startup AjnaLens' parent Dimension NXG with an Rs.8 Cr investment to deepen its bet on smart eyewear and wearable technolog... Read More


NPCI's FY26 Profit Drops 32% YoY To Rs.989 Cr As Tax Outgo, BHIM Loss Surge

India, Sept. 12 -- The National Payments Corporation of India's (NPCI's) consolidated net profit fell 32.4% to Rs.989.4 Cr in the financial year ended March 2026 from Rs.1,463.2 Cr in FY25, as a sharp... Read More


UPI MDR May Be Set At 40 Basis Points, Banks Could Get Largest Share: Report

India, Sept. 11 -- The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around... Read More