Bollywood actor Neetu Chandra-backed agri-tech startup Agrifeeder has received certification from the United States Food and Drug Administration, clearing the path for exporting agricultural produce sourced directly from farmers in Bihar. The certification marks Agrifeeder’s formal entry into global markets and a significant step in its export-led growth strategy. Global Brand Launch in Delhi The announcement was made at an event in New Delhi, where the company unveiled its international-facing brand identity, Agrifeeder by Neetu Chandra. All export products will now be sold under this brand, with a focus on quality assurance, traceability, and farmer-first sourcing. Building Export-Ready Value Chains…
Author: Aman Atulya
Aditya Birla Ventures, the private capital investment arm of the Aditya Birla Group, has joined the $70 million Series B funding round of US-based AI startup Articul8, marking another major Indian conglomerate’s push into artificial intelligence. While the firm did not disclose the size of its investment, the round values Articul8 at over $500 million, according to the company. Headquartered in Santa Clara, California, Articul8 focuses on enterprise AI models that run in isolated environments within a company’s own IT infrastructure. This approach is designed to address growing concerns around data security and information leakage in generative AI deployments. The…
Hyderabad-based space tech startup TakeMe2Space has raised $5 million in a seed funding round led by Chiratae Ventures, as it works toward building India’s first orbital data centre infrastructure. The round also saw participation from Unicorn India Ventures, Artha Venture Fund, and Seafund. The fresh capital will be deployed to expand the company’s satellite constellation, scale in-orbit AI computing capabilities, and accelerate research into high-power compute satellites. Founded in 2024 by Ronak Kumar Samantray, TakeMe2Space is building high-compute satellites and an orbital platform that enables customers to run AI models directly in space. The startup aims to make access to…
China has asked some domestic technology companies to temporarily halt orders for Nvidia’s H200 artificial intelligence chips, according to a report by The Information citing people familiar with the matter. The move comes as Chinese authorities review whether and under what conditions the advanced US-made chips should be allowed into the country. Why Beijing has intervened The report said Chinese officials are concerned that companies may rush to stockpile foreign chips ahead of a formal policy decision. By asking firms to pause new orders, authorities aim to retain control over the volume of high-end chips entering China during the review…
Industrial artificial intelligence startup Spector.ai has raised Rs 58 crore (about $6.7 million) in a funding round led by IvyCap Ventures, with participation from a group of US-based strategic investors. The financial terms beyond the headline amount were not disclosed. Use of capitalThe company said the fresh capital will be deployed to accelerate product innovation, expand enterprise deployments across global markets, and strengthen its core capabilities in artificial intelligence, knowledge graphs, and agent-based systems. The focus will be on industrial reliability and operational performance use cases across asset-intensive sectors. Company background and focusFounded to address the growing complexity of large-scale…
AI-powered growth platform Nitro Commerce has raised $5 million in a full-equity Series A funding round led by Cornerstone Ventures, with participation from India Accelerator & Finvolve, Equentis Wealth Advisory Services, Grand Anicut Angel Fund, Razorpay Ventures, Rukum Sitara Fund, and Ankurit Capital. Use of CapitalThe company said the proceeds will be deployed to drive platform-led growth, expand teams, strengthen AI and agentic capabilities, and scale its international presence. Company OverviewFounded by Umair Mohammad, Shamail Tayyab, and Pratik Anand, Nitro Commerce is building an AI-led growth operating layer for consumer brands across direct-to-consumer channels, quick commerce, marketplaces, and offline retail.…
AI-native equity research platform Multibagg AI has raised ₹1.5 crore in a pre-seed funding round led by AJVC. The startup had earlier raised ₹65 lakh from friends and family, taking its total capital raised to ₹2.15 crore. Use of FundsThe company said the fresh capital will be used primarily for team expansion and product development, with a focus on strengthening its AI-driven research and analytics capabilities. Multibagg AI aims to improve the depth and speed of insights delivered to retail investors through automation and data-led models. Product and Market FocusMultibagg AI offers institutional-grade equity research and analytics to retail stock…
Two judges from Shark Tank India have invested ₹75 lakh in Capture A Trip (CAT), a Delhi-based experiential travel brand, at a valuation of ₹15 crore. The funding will support the company’s plans to expand international routes while strengthening its presence across offbeat Indian destinations, deepening its engagement with India’s youth travel ecosystem. Funding Details and Deal Structure The investment was finalised during an episode of Shark Tank India Season 5, where Nitin Khanna, Founder & CEO, and Anurag Singhal, Co-founder & CBO, pitched for ₹75 lakh in exchange for 5% equity. After multiple counter-offers and negotiations, the final deal…
Leadership Appointments to Support Next Phase of Scale Univest, an advisory-first wealth-tech and broking platform, has announced a series of senior leadership appointments as it accelerates growth across governance, brand building, broking, and AI-led technology. The company has appointed Girraj Prasad Garg, former Executive Director at Securities and Exchange Board of India (SEBI), as Non-Executive Director, strengthening regulatory oversight and governance. Sachin Gupta, former senior leader at Lenskart and AstroTalk, joins as Chief Marketing Officer, while Gagan Singla, previously Managing Director at BlinkX and a senior leader at HDFC Securities and Angel Broking, has been appointed CEO – Broking Business.…
Government-Backed Support for Emerging Game Studio Glass Jar Interactive (GJI), a DPIIT-recognised video game and entertainment studio, has secured a government-backed grant and is now incubated at the CREATE Incubation Centre at Indian Institute of Information Technology Lucknow (IIIT Lucknow). While the financial terms of the grant were not disclosed, the development marks a significant milestone for the studio as it scales original IP-led game development from India. Recognition Under Startup India Glass Jar Interactive is recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Startup India initiative. Its incubation at CREATE places the studio…