Bengaluru-based AI startup Sarvam AI is in early talks to raise $250 million to $300 million at a $3 billion valuation, The Economic Times reported. That would double its valuation in four months. The round could make Sarvam India’s most valuable AI startup. The size and valuation may change as talks go on, the report said. Sarvam did not confirm the talks when Analytics...

Bengaluru-based quantum startup Quanfluence has reportedly raised $10 million. Chiratae Ventures led the round. Rainmatter by Zerodha joined in, along with existing investor Pi Ventures. The company will use the money to build photonic quantum computing hardware, expand manufacturing and work towards scalable quantum processors. Quanfluence was incubated at IIT Madras. It aims to deliver its first quantum processors by 2027 and larger, scalable quantum...

India needs to attract and make substantial investments in infrastructure tied to artificial intelligence, semiconductors and quantum computing, Finance Minister Nirmala Sitharaman said in remarks. Her comments touched on several fronts at once: the need for deeper tech adoption among small businesses, the growth of India's private space sector, and the broader case for cross-sector cooperation as the backbone of the country's next phase...

At the 7th IITMAA Sangam, the annual conference of the IIT Madras Alumni Association, held in Bengaluru, Finance Minister Nirmala Sitharaman said the government will work to facilitate patient capital for deep-tech hardware startups, alongside a broader argument that India's growth story is stronger than critics suggest. Pushing Back on the Pessimists In a conversation with Prof. Rajeev Srinivasan, Sitharaman dismissed claims that India's growth will...

The Digital India BHASHINI Division and Assam Innovation & Startup Foundation have signed a memorandum of understanding to promote language technology, generative AI solutions and multilingual digital services across Assam. The collaboration is designed to expand regional language access while strengthening the state’s startup and innovation ecosystem through AI-powered language technologies. At the centre of the partnership is the BHASHINI Rajyam initiative, under which both...

Startup incubator and deep‑tech ecosystem organiser Startup Stairs has announced Startup League 2026, a national‑level deep‑tech hackathon and funding‑arena event aimed at accelerating India’s next generation of AI and hardware‑driven startups. The initiative, scheduled for 11 June 2026, is being positioned as a structured bridge between early‑stage innovation and commercial scale, targeting a segment of the Indian startup ecosystem where AI, drones, robotics, EVs,...

The IndiaAI Mission has selected 10 cutting-edge Indian AI startups for Cohort II of its Global Acceleration Programme, expanding a push to position Indian founders on the world stage through international exposure, mentorship, and market access. The programme, run under MeitY’s Startup Financing Pillar in partnership with Station F, Paris, and HEC Paris, is designed to help promising startups scale globally while staying rooted...

The Department for Promotion of Industry and Internal Trade (DPIIT) has notified Startup India Fund of Funds (FoF) 2.0 with a ₹10,000 crore corpus to support startups through SEBI-registered Alternative Investment Funds (AIFs), prioritising deeptech, early growth-stage companies and technology-driven manufacturing ventures. The Cabinet approved scheme, managed primarily by Small Industries Development Bank of India (SIDBI), builds on the original 2016 FoF and introduces co-investment...

In a relatively short span of time, SEESEC has emerged as a focused and fast‑evolving player in the cloud and Gen AI solutions space. Completing its first year of operations, the company reflects a journey defined not just by rapid execution, but by a strong emphasis on building the right foundations—both in technology and talent. Insights from the leadership team, led by Founder &...

Gnani.ai, India's trailblazing voice-first agentic AI platform, announced a $10 million first tranche of Series B funding led by Aavishkaar Capital alongside existing backer Info Edge Ventures, propelling the company to profitability with 133% FY25 revenue growth. Processing over 30 million voice interactions daily across 12+ Indic languages for 200+ enterprise clients—including Fortune 500 giants—the capital infusion positions Gnani.ai to dominate the $1 billion...