The latest from India's startup and technology ecosystem
New AI model Grok shows early signs of instability, with a novel Cryptographic Context Injection vulnerability leading to data exfiltration and Grok Lite users reporting gibberish responses.
Omnichannel payment solutions provider Phi Commerce secured Rs 38.54 crore ($4 million) in an ongoing Series B round, valuing the company at Rs 1,500 crore, with consistent backing from existing investors, including BEENEXT Ventures and DG Strategic Investment.
Swiggy secures IOCC status and 49.5% foreign ownership cap, leading to a 2.7% share jump and 60% upside projection from Jefferies, even as Zomato launches 'Zomato Now' vending machines.
Amazon Bedrock is emerging as a platform for agentic AI, automating tasks like aircraft diagnostics and data engineering, while optimizing RAG costs.
Urban Company filed a lawsuit against Kent RO over 'misleading' ads targeting its Native water purifiers, while simultaneously extending its Unicommerce partnership for inventory management to UAE and Saudi Arabia.
PhonePe's partnership with MeitY for PM GatiShakti portal, leveraging its PulsePro data, follows a significant $1 billion fundraising. This article analyzes the strategic implications for Indian startups and data governance.
Fintech unicorn Navi raises $100 million from Prosus in its first institutional funding round, signaling a strategic move ahead of its anticipated initial public offering.
CRED has raised roughly $1 billion in the last five years, launching Circle by CRED to connect members with experienced professionals, marking a strategic shift beyond payments into community and advice.
Gurugram Police registered a case against Meesho over the alleged sale of toxic 'Sulfas' linked to a minor's death, while the company targets 10 lakh seasonal jobs, highlighting e-commerce safety challenges.
Zetwerk filed for a ₹2,600 crore fresh issue IPO, with Inc42 highlighting potential cash flow pressures despite strong revenue growth, signaling a key test for the B2B manufacturing company.