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๐ Startup and Tech Highlights: 1. Indian edgeโAI chip startup Netrasemi raised โน107 crore (~$13โฏM) in a SeriesโฏA round led by Zoho Corp and Unicorn India Ventures. Theyโre developing SoCs for edge-AI applications targeting surveillance, robotics, and smart retail, reinforcing Indiaโs drive for semiconductor selfโreliance. 2. Hyderabadโs space-tech startup Stardour successfully testโfired Indiaโs first hydrogenโoxygen propulsion engine, a major step in clean propulsion and stealthโmode innovation. 3. Inbound Aerospace, incubated at IIT Madras, secured $1โฏM in funding from Speciale Invest and Piper Serica to advance its space-technology initiatives. 4. Venttup, a B2B manufacturing deep-tech startup, released a whitepaper on Indiaโs indigenization and manufacturing growth narrativeโaligning with broader national innovation policy. 5. Chinese AI startup Zhipu unveiled GLMโ4.5, its open-source large language model, adding to Chinaโs tally of over 1,500 published language models globallyโleading the pack. 6. Samsung secured a $16.5โฏB chip manufacturing deal with Tesla, boosting its foundry credentials, while Intelโs shares tumbled as it scaled back due to underwhelming demand. A new USโEU trade deal also eases tariffs on chipโmaking exports. 7. Indiaโs IT Ministry is monitoring TCS as it plans to cut over 12,000 jobs, predominantly affecting midโlevel rolesโa move that has sparked scrutiny and concern.
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Nothing, a leading consumer electronics brand, is expanding its workforce in India to support the local economy and strengthen its 'Make in India' efforts through increased domestic manufacturing and innovation. This move reflects its commitment to
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๐๏ธ Medial Bulletin ๐ค AI & Automation โข Major tech giants plan over $600B in AI infrastructure spending for 2026, intensifying the global race for compute, chips, and data centre capacity. โข AI chip startup SambaNova secures a large new funding ro
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Artisan Raises $25 Million to Grow AI Sales Agents AI startup Artisan secured $25 million in Series A funding led by Glade Brook Capital. The startup develops AI sales agents and will use the funds to grow its tech and human support teams. #Startup
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๐ฐ 1) Startup Idfy raises โน476 crore (~$52M) funding to expand regtech solutions Mumbai-based regulatory tech startup Idfy secured a major funding round backed by Neo Asset Management and existing investors, boosting confidence in compliance tech in
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