US-based semiconductor major Qualcomm plans to invest up to $150 million (approximately Rs 1,250 crore) in Indian startups through its venture arm, Qualcomm Ventures. The investments will be deployed via its Strategic AI Venture Fund, targeting artificial intelligence and deeptech startups across India. The announcement coincides with Qualcomm’s participation in the India AI Impact Summit in New Delhi, highlighting its long-term commitment to India’s growing AI ecosystem. Focus on AI, Edge Computing, and Deeptech Innovation Qualcomm Ventures will back startups across early, growth, and expansion stages, with a strong focus on sectors such as automotive technology, IoT, robotics, mobile platforms,…
Author: Aman Atulya
AI consulting company Navikenz has raised $7.5 million in a fresh funding round co-led by Sekar PRC and Sudip Nandy, with participation from existing investors. The Noida-based startup had earlier secured $8 million from Sudip Nandy and others, reflecting continued investor confidence in its enterprise AI transformation capabilities. Funds to Expand Team and Strengthen Technology Platform Navikenz will deploy the new capital to expand its talent base and strengthen its proprietary technology frameworks. The company plans to accelerate product development and enhance its AI consulting capabilities as global enterprises increasingly invest in automation and digital transformation. Helping Enterprises Unlock Value…
Multi-agent GenAI platform CraftifAI has raised $3 million (approximately Rs 27.2 crore) in a seed funding round led by Ankur Capital, with participation from IvyCap Ventures, Capital-A, Antler, and other investors. The funding highlights growing investor confidence in startups building foundational AI infrastructure for embedded systems, robotics, and edge computing. Funding to Accelerate Hiring and Global Expansion CraftifAI will use the fresh capital to expand its engineering and go-to-market teams while accelerating its global expansion strategy. The company aims to strengthen its presence across key international markets where demand for embedded AI and automation platforms is rapidly increasing. Building GenAI…
Long-Term Investment to Build India’s AI Backbone Adani Group has announced plans to invest $100 billion in building artificial intelligence-focused data centre infrastructure in India by 2035. The company said the facilities will be powered entirely by renewable energy, combining large scale computing capacity with clean energy generation to support India’s growing AI ecosystem. Integrating Renewable Energy With Compute Infrastructure The investment aims to create scalable and energy efficient data centres capable of supporting enterprise AI, cloud platforms, and emerging digital services. By integrating renewable energy sources such as solar and wind with data centre operations, Adani plans to ensure…
Collaboration Targets Telecom, Financial Services, Manufacturing, and Software Sectors Infosys has announced a collaboration with Anthropic to develop and deploy advanced enterprise artificial intelligence solutions across industries including telecommunications, financial services, manufacturing, and software development. The partnership aims to help enterprises integrate generative AI capabilities into core business operations, improving efficiency, automation, and decision-making. According to Infosys, the collaboration will initially focus on telecom and expand to other sectors as enterprises scale AI adoption. The partnership combines Infosys’s global enterprise delivery expertise with Anthropic’s AI models, including its Claude family of systems, known for their safety-focused design and enterprise readiness.…
Maiden Fund Close Strengthens Early-Stage Capital Availability Equirus InnovateX Fund (EIF), the early-stage venture arm of the Equirus Group, has announced the final close of its maiden B2B tech fund at ₹166 crore. The SEBI-registered Category I Alternative Investment Fund focuses on seed to pre-Series A startups building in SaaS, deep tech, and fintech sectors. The fund aims to support startups that have launched products and are progressing toward product-market fit, with emphasis on defensibility, distribution strength, and sustainable business models. Investor Participation and Portfolio Deployment The fund attracted domestic and global investors, including founders and operators such as Girish…
Edtech startup Beep has raised $850,000 (approximately Rs 7 crore) in a pre-Series A funding round backed by Knowhere Ventures LLC, Pacific Global Solutions Limited, and LeadAngels FLV. The round also saw participation from angel investors Vipul Prakash, founder of wowJobs, and Sandeep Johri, former CEO of Checkmarx. With this, Beep’s total funding to date has reached $1.5 million, reflecting growing investor interest in AI-driven career platforms for emerging talent. Expansion Plans and Capital Deployment The fresh capital will be used to scale Beep’s user base, onboard 150 additional colleges over the next nine months, and expand its industry aligned…
Intrinsic Foundries has raised Rs 12 crore (approximately $1.4 million) in a seed funding round led by Transition VC to accelerate its carbon-to-value biomanufacturing platform. The funding highlights growing investor interest in deeptech solutions that convert industrial emissions into commercially viable and sustainable products. Funding Use and Expansion Plans The fresh capital will be deployed to execute industrial pilots, expand research and development, file intellectual property, and strengthen engineering and commercial teams. The company also plans to scale its manufacturing capabilities and establish a US entity to support global market expansion. These investments will help Intrinsic Foundries accelerate commercialization and…
Founder Returns to Lead Full-Stack Banking Expansion Fintech company Slice has appointed its founder Rajan Bajaj as Managing Director and Chief Executive Officer. Bajaj previously served as Executive Director, and his appointment has been approved by the company’s board, shareholders, and the Reserve Bank of India. The leadership move follows Slice’s transition into a regulated banking entity after its merger with North East Small Finance Bank in 2024, marking a key shift from a consumer fintech startup to a full-stack digital bank. Building Lending, Payments, and Banking Infrastructure Founded in 2016, Slice has grown to serve more than 20 million…
New Delhi Hosts the Most Defining AI Gathering of the Decade Something historic is unfolding inside Bharat Mandapam. As Prime Minister Narendra Modi inaugurates the India AI Impact Summit 2026, India is no longer positioning itself as just a technology market. It is positioning itself as an AI superpower. For the first time, the world’s most influential AI builders, Big Tech CEOs, startup founders, and global policymakers have gathered in India not to observe, but to participate in shaping the next era of artificial intelligence. With over 2.5 lakh visitors, 3,250 speakers, 600 startups, and participation from 100 countries, the…