Indian AI startups have only raised $700M so far; compared to Americas $19B excluding many companies like Google Deepmind, Databricks etc and then we say why Indians are not innovating?
Top news of the day-
1. Paris-based startup Greenly lands $52M to help smaller companies track CO2 emissions
2. Pelikan Mobility, a French startup, has raised €4 million in a seed funding round to develop a leasing solution for the switch to elect
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Aroneo
| Technologist | ML ... • 1m
In the ever-evolving AI landscape, a new player is making waves — Deepseek. While OpenAI, Google DeepMind, and Meta AI have been dominant forces, Deepseek is emerging as a formidable contender in the AI race.The recent buzz around Deepseek stems from
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Harsh Dwivedi
•
Medial • 1y
Top News of the day-
1. Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India.
2. Fintech firm nsave has raised $4m (around INR 32 Cr.) in a seed funding
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding surged 85% to $444 million as compared to around $239.7 million raised during the previous week.
- Deals include 5 growth-stage deals and 14 early-stage deals. Meanwhile, two
Top News of the day:
1.Magma, a B2B industrial solutions provider, has raised a $5 million Series A funding round, led by Capria Ventures.
2. Navyug Global Ventures Pvt Ltd, led by Nikhil Chandan, invested Rs 16 crore ($1.8 million) in Shrinithi C
Top News of the Day:
1. Elon Musk hits ‘historic first’: $400 billion net worth rocketed by $50 billion SpaceX share sale
2. Cleantech startup SolarSquare raises $40 million in round led by Lightspeed
3. FirstClub of former Cleartrip CEO Ayyappan
Top News of the day:
1. Urban Company has received shareholder approval for an IPO to raise Rs 528 crore in fresh capital.
2. Bower raises Rs 11.5 Cr in seed round Bower School of Entrepreneurship has raised Rs 11.5 crore ($1.33 million) in seed fu
Top News of the day:
1. Giva, a silver and gold jewellery retailer backed by PremjiInvest and venture capital firms, experienced a significant revenue boost in the fiscal year ending March 31.
2. WhatsApp banned over 9.7 million accounts in India i
Indian startups this Week
1. On a weekly basis, startup funding slipped 71% to $125.13 million as compared to $447.6 million raised during the previous week.
2. Praveen Sharma, senior vice president of business at Paytm’s parent entity One 97 Commu
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding slipped 56.6% to $113.39 million as compared to around $261.21 million raised during the previous week. This is the lowest weekly funding in the last 15 weeks.
- During the wee
