🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Top tech executives, VCs push govt to build infra to realise AI dreams
Economic Times
·
1y ago
Medial
India aims to extend its outsourcing success to artificial intelligence (AI) innovation by investing in a common AI compute infrastructure. Currently, India has a significant gap in AI infrastructure compared to the US. For instance, India's largest cluster of graphics processing units (GPUs) is around 2,000-2,500, whereas the US has 20,000 or more. NVIDIA, a key player in AI technology, emphasizes the need for improved infrastructure to support AI growth, and experts suggest that the government should build a large-scale GPU cluster to facilitate AI development. This investment could leverage India's strengths in population-scale projects at a low cost.
View Source
Related News
Explained: VCs insisting on responsible AI in startups
Economic Times
·
1y ago
Medial
Over 35 venture capital firms in the US, along with tech sector companies, have voluntarily committed to ensuring responsible development of artificial intelligence (AI) in the startups they invest in. The commitments, initiated by non-profit organization Responsible Innovation Labs, focus on measures such as internal governance, transparency, risk assessment, and ongoing improvement. The move aims to build trust and safety in AI technologies, especially for early-stage AI companies that face unique challenges. The commitments are not legally binding but demonstrate industry leadership in promoting responsible AI development.
View Source
Top VCs from Saama, Elevation settle Paytm disclosure lapse case with SEBI
VCCircle
·
7m ago
Medial
Top executives from Saama Capital, Elevation Capital, and Venture Highway, as well as Shardul Amarchand Mangaldas & Co, settled with SEBI over misrepresentation in Paytm parent One97 Communications Ltd's IPO filings. SEBI issued notices to these executives for approving incomplete disclosures benefiting Paytm's founder Vijay Shekhar Sharma. Those involved, including Elevation Capital's Ravi Chandra Adusumalli and Saama Capital's Ashit Ranjit Lilani, paid Rs 3.32 crore. SEBI questioned founder Sharma's 'public shareholder' classification during the IPO.
View Source
Govt Clamps Down On 19 Streaming Platforms Over Obscenity
Inc42
·
1y ago
Medial
The Indian Ministry of Information and Broadcasting has blocked 19 over-the-top (OTT) platforms, along with associated apps, websites, and social media accounts, for publishing obscene and vulgar content. The platforms, including Uncut Adda and Dreams Films, were found to be in violation of various sections of the IT Act and the Indecent Representation of Women (Prohibition) Act. The banned content included explicit scenes and links to attract viewers to their websites and apps. The move reflects the government's commitment to fostering the growth of the OTT industry while enforcing self-regulation.
View Source
India’s Deeptech Problem: Where Are The VCs Backing Startups Creating IP, Innovation?
Inc42
·
10m ago
Medial
- Lack of focus on building deeptech and generative AI solutions in India - Indian startups mostly rely on existing IP and technology to build on top of - Late adoption of technology compared to the Western countries - Indian startups mostly cater to Indian problems and consumers, focusing inwards rather than outwards - Deeptech startups have higher chances of receiving follow-on investments due to their technological differentiators and scalability opportunities - Innovation in Indian startups mostly seen in business and commercial models, rather than in technology itself.
View Source
Exclusive: SoftBank eyeing buyout deals in India to push AI-led IT, BPO operations
Economic Times
·
2m ago
Medial
SoftBank is exploring buyout deals in India, transitioning from a growth investor to a direct acquirer. It's interested in acquiring business process outsourcing firms to integrate AI capabilities, aiming to transform traditional BPOs into tech-enhanced service providers. SoftBank's strategy includes the Stargate Project, a $500 billion initiative to build AI infrastructure, and developing Cristal Intelligence with OpenAI. This push aligns with its plan to invest in AI infrastructure and data centers in India.
View Source
Indian govt bans 18 OTT platforms for obscene, vulgar content after multiple warnings
IndianStartupNews
·
1y ago
Medial
The Ministry of Information & Broadcasting in India has banned 18 Over-The-Top (OTT) platforms for showcasing explicit and vulgar content. The ban includes blocking websites, apps, and social media accounts related to these platforms. The content was deemed obscene and pornographic and violated various laws. The banned platforms include Dreams Films, Uncut Adda, and Prime Play. The government aims to sensitize OTT platforms about the content they host while still supporting the development of the industry through collaborations and awards. They are focused on establishing a light-touch regulatory framework emphasizing self-regulation.
View Source
Govt To Introduce A ‘Single’ Platform For Startups, VCs To Ensure Better Collaboration: Priyank Kharge
Inc42
·
1y ago
Medial
The Indian state of Karnataka, particularly Bengaluru, remains the country's top startup hub despite a decline in funding. The state government has disbursed over INR 50 crore ($7 million) as grants and supported 208 startups in the past six months. Beyond funding, Karnataka provides support to startups through initiatives like the Global Innovation Alliance-Market Access Programme (GIA-MAP) and a public procurement policy for sourcing from startups. The government is working on strengthening the AI ecosystem in Bengaluru and attracting investments outside the state capital through its Beyond Bengaluru program. Additionally, outdated policies and excessive taxation on startups are among the challenges that need to be addressed.
View Source
Widening disparities, growing threats cloud global cybersecurity outlook: WEF
Economic Times
·
1y ago
Medial
According to the World Economic Forum's Global Cybersecurity Outlook 2024 report, eight in ten top business executives feel more exposed to cybercrime than last year. The report highlights threats such as AI-generated deepfakes spreading false information during elections and organised misinformation campaigns on social media. It also mentions the rise of cyber inequity and the need for urgent action to address it. The report calls for collaboration to counter these threats and build a more resilient cybersecurity environment.
View Source
US, Vietnam firms hold business summit during Biden visit; AI deals unveiled
Economic Times
·
1y ago
Medial
Top executives from leading U.S. and Vietnamese semiconductor, tech, and aviation companies are meeting during President Joe Biden's visit to Hanoi to explore business partnerships. Google, Intel, Amkor, Marvell, GlobalFoundries, and Boeing executives are participating in the Vietnam-U.S. Innovation & Investment Summit. The meeting aims to enhance collaboration, particularly in AI, as the U.S. seeks to reduce the semiconductor industry's exposure to China-related risks. Microsoft and Nvidia have announced AI-related partnerships with Vietnamese companies, and the U.S. has highlighted chip-related investments in Vietnam, including Marvell and Synopsys building chip design centers and Amkor's new factory.
View Source
Former startup executives catch AI bug
Economic Times
·
5m ago
Medial
Many former top executives from major Indian tech firms like Flipkart are venturing into AI startups, harnessing this emerging technology’s potential. These founders are developing AI agents and platforms, focusing on optimizing business infrastructure and enhancing consumer experiences. While building innovative products, they're attracting talent willing to work unpaid initially, believing in the venture’s vision. Although seasoned entrepreneurs, they face challenges of fast-paced AI development cycles but also enjoy vast opportunities for industry disruption.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
