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EXL to acquire AI data firm iMerit for $310 million

New Delhi, June 24 -- Publicly traded data and AI company EXLService Holdings, Inc. is set to acquire California-based iMerit, a California-based artificial intelligence data company, for $310 million... Read More


Bharat Taxi eyes 55-60 smaller cities, puts bikes and autos at centre of growth

NEW DELHI, June 21 -- Bharat Taxi, a cooperative-led ride-hailing platform launched in February, plans to expand to 55-60 smaller cities-including Kanpur and Gorakhpur in Uttar Pradesh, as well as tow... Read More


Urban Harvest in talks to raise Rs.300 crore at Rs.1,500 crore valuation

New Delhi, June 19 -- NEW DELHI: Urban Harvest, a B2B food-tech startup that supplies food ingredients, fresh produce and automated coffee machines to restaurants and cloud kitchens, is in advanced ta... Read More


Swiggy cofounders pick up stake in India's first space unicorn Skyroot

New Delhi, June 16 -- Three weeks after Hyderabad-based Skyroot Aerospace became India's first space unicorn, the startup's cap table has added two new names, both among the most familiar faces in Ind... Read More


Nutrition brand TruNativ raises $30 million funding led by OrbiMed, eyes global expansion

NEW DELHI, June 16 -- TruNativ, a Mumbai-based nutrition brand focused on protein and wellness products, has raised about $30 million in a Series B funding round led by healthcare investor OrbiMed, as... Read More


Indian AI startups confront new risks after Anthropic pulls Fable 5

New Delhi, June 15 -- The abrupt withdrawal of Anthropic's advanced artificial intelligence (AI) model Fable 5 has rattled Indian startups that rely on foreign large language models (LLMs), raising co... Read More


Restaurants flag sign-up, pricing control snags at Swiggy's value bet Toing

New Delhi, June 12 -- Some restaurants on Swiggy have accused the food delivery giant of signing them up on its standalone budget food app Toing without their approval, and tweaking menu prices withou... Read More


Spacetech firms dominate first disbursals under Rs.1-tn innovation fund

New Delhi, June 10 -- India's spacetech startups have emerged as the biggest beneficiaries of the first disbursal round under its Rs.1 trillion research, development and innovation (RDI) fund, as the ... Read More


Startup Policy Forum submits recommendation to Sebi, finance ministry to ease KYC norms for NRIs investing in India

New Delhi, June 5 -- Startup Policy Forum (SPF), an alliance representing India's new-age companies, has submitted a note to the Securities and Exchange Board of India (Sebi) and the finance ministry,... Read More


Reliance and SoftBank-backed Netradyne in advanced talks with top GCCs

New Delhi, June 2 -- AI-powered fleet safety unicorn Netradyne, backed by Reliance Industries and SoftBank, is in advanced talks with several of India's top global capability centres (GCCs) to expand ... Read More