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Krutrim AI Cloud offers free access to developers until Diwali 2024, backed by a ₹100 crore investment to support India’s AI ecosystem. Since its launch, Krutrim AI Cloud has handled 250 billion API calls, generated 1 trillion tokens, and attracted

Studying India's rapidly evolving VC landscape & have some hypotheses on its future: 1. Cold outreach deals? With startups outpacing VCs, cold outreach may rise, pushing VCs to better evaluate pitches.​​​​​​​​​​​​​​​​ 2. Deal sourcing shake-up?

Sweet short summary: Bain 2024 Indian VC insights. • India's VC scene in 2023 was a rollercoaster. Funding dropped from $25.7 billion to $9.6 billion year-over-year. Despite this, India held onto its spot as the second-biggest VC destination in Asia

Zomato-backed AdOnMo raises $25M to expand its presence to 40 Indian cities - The funding round was led by Singapore-based VC firm Rigel Capital and Indonesia-based Sinar Mas. - Cofounder Sravanth Gajula said the funds will be used to expand the st

🚨Major Announcement: Mukesh Ambani to transform Rel'AI'ince into a deeptech company He is focused on driving AI adoption across Reliance Industries Limited's operations through several initiatives ➡️Developing cost-effective generative AI models a

Summary of the Week: 1. Fundings: Indian startups cumulatively raised $260.1 Mn from 31 deals between April 15-20: - An uptick in the investment activity across the ecosystem. Between April 15 and 20, startups cumulatively raised $260.1 Mn across 3

1. Key Startup Funding Highlights Of The Week - Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week - Lightspeed, Peak XV and Elevation Capital backed multiple startu

Top News of the Week: 1. Funding: - 31 Indian startups raised around $336.45 million in funding this week. These deals count 11 growth-stage deals and 18 early-stage deals. Moreover, two early-stage startups kept their transaction details undisclo

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Top News of the Day: 1. Alphabet, Google's parent company, reported strong Q2 results with robust advertising and cloud revenue 2. Sequoia Capital-backed Vanta raises $150 Mn funding at a $2.45 billion valuation 3. Ola Electric Likely To Launch It