Sarvam AI Secures $120 Million to Build India’s First Sovereign LLM for Banking
Indian artificial intelligence startup Sarvam AI has raised $120 million in fresh funding to develop what it calls India’s first sovereign large language model (LLM) […]
Articles by Startup Magazine Team
Zepto’s Path to $15B: Inside the Pre-IPO Pivot to High-Margin Private Labels
Quick-commerce company Zepto is preparing for its next phase of growth as it moves closer to a potential public listing. The company is now focusing […]
Ola Electric Claims 40% Market Share in Tier-3 Cities Despite Subsidy Cuts
Electric two-wheeler maker Ola Electric says it has captured nearly 40% market share in Tier-3 cities, even as government subsidies for electric vehicles continue to […]
Zoho to Invest $200 Million in GPU Infrastructure for Sovereign LLM Project
Indian software giant Zoho has announced plans to invest $200 million in graphics processing unit (GPU) infrastructure to build a sovereign large language model (LLM). […]
PhonePe’s Net Profit Jumps 45% After ‘Reverse Flip’: How the Domicile Shift Is Reshaping India’s Fintech Landscape
Digital payments giant PhonePe has reported a sharp rise in profitability after completing its reverse flip to India, with net profit growing by about 45% […]
RBI Issues New Cybersecurity Mandate for Peer-to-Peer Fintech Lending Platforms
The Reserve Bank of India (RBI) has introduced a new set of cybersecurity rules for peer-to-peer (P2P) lending platforms, tightening digital security standards across the […]
SoftBank-Backed Zepto Eyes $5 Billion Valuation in Pre-IPO Internal Funding Round
Quick-commerce startup Zepto is preparing for a major step toward its stock market debut. The company is planning an internal funding round at a valuation […]
IPO Market Trends Impacting India’s Tech Sector
New Delhi, India — India’s initial public offering (IPO) market is undergoing a significant transformation, with technology companies playing a central role in shaping capital […]
Skyroot Aerospace Deploys First Commercial Satellite Constellation, Marks New Phase for India’s Private Space Sector
Indian private space startup Skyroot Aerospace has deployed its first commercial satellite constellation, marking a major step for the country’s growing private space industry. The […]
India’s SaaS Sector Crosses $50 Billion ARR Milestone, Signals New Phase of Global Growth
India’s software-as-a-service (SaaS) industry has crossed the $50 billion annual recurring revenue milestone, marking a major turning point for the country’s global technology presence. The […]