Giga ML Secures $3.6 Million to Assist Enterprises in Training and Deploying On-Premise LLMs

Three points you will get to know in this article: Giga ML, hailing from San Francisco and Bengaluru, recently secured $3.6 million in a seed funding round spearheaded by Nexus Venture Partners. Notably, this funding initiative garnered support from significant players such as Y Combinator, Liquid 2 Venture, 8vdx, and key angels including Garry Tan, President, and CEO of Y…

Justdial Reports 37% YoY Increase in Q2 Profit to INR 71.8 Cr, with Operating Revenue Up by 27%

Three points you will get to know in this article: In the second quarter of the financial year 2023-24, Mumbai-based hyperlocal search engine, Justdial, demonstrated robust financial performance. The company achieved a noteworthy 37.5% surge in net profit, reaching INR 71.8 Cr, compared to the previous fiscal’s corresponding period where it stood at INR 52.2 Cr. Justdial’s operational revenue sustained…

Insights from Dubai Chambers’ President & CEO on India-UAE Tech Startup Outlook and Opportunities

Three points you will get to know in this article: Mohammad Ali bin Rashed Lootah, serving as the President and CEO of Dubai Chambers, is optimistic about the potential of Indian startups to play a significant role in realizing the UAE’s ambitious target of elevating the digital economy’s share in the country’s non-oil GDP to 20% over the next decade.According…

Indian Startups Criticize Telecom Operators in Net Neutrality Showdown Over ‘Hafta Vasuli

Three points you will get to know in this article: Several months back, Indian startups engaged in high-stakes public clashes with tech giants, vying for control of the Internet & Mobile Association of India (IAMAI). The local contenders even took search giant Google to court over its billing policy, sparking a metaphorical tug-of-war as they sought to assert their dominance.…

Bespoke and Personalized: A New Tech Delivery Trend Captivating Consumers

Three points you will get to know in this article: Globally, the demand for electronics is on the rise, becoming an essential requirement in our daily lives. The 2022 global market witnessed a staggering value surpassing $740 billion. As consumers eagerly tailor their latest tech acquisitions, the tech providers mirror this enthusiasm in ensuring a personalized and efficient delivery process.…

Empowering Startups: IN-SPACe’s 10-Year Vision to Turn India into Space Superpower

Three points you will get to know in this article: Focusing on propelling our homegrown spacetech ecosystem forward, the key player, IN-SPACe (Indian National Space Promotion and Authorization Centre), has revealed its ten-year vision and strategy for boosting the Indian space economy. Central to this plan is the pivotal role that startups play, emphasizing the acceleration of India’s ascent as…

Stoke Space, Washington Reusable Rocket Startup, Raises $100 Million

Three points you will get to know in this article: Stoke Space, a startup based in Washington, joyfully announced on Thursday that it has successfully secured $100 million in fresh capital. This financial boost is a crucial step forward for the company as it strives to pioneer the development of “Nova,” an innovative and fully reusable rocket. The recent injection…

KRAFTON Plans to Incubate 6-10 Indian Gaming Startups

Three points you will get to know in this article: KRAFTON, the game development major, has introduced an innovative initiative — the KRAFTON India Gaming Incubator (KIGI) — aimed at fostering the rapidly expanding gaming landscape in India. Spanning a period of 6 to 12 months, this program is dedicated to supporting approximately 6 to 10 startups annually. These selected…

Oorja Raises $1.5 Million in Pre-Series A Funding

Three points you will get to know in this article: Oorja is gearing up to make the most of this financial boost, channeling the funds towards enhancing their product and broadening their presence across the European and North American markets. Oorja, a cutting-edge deep tech startup hailing from Bengaluru, has exciting news to share. They’ve just closed a triumphant seed…

NXP India, in Collaboration with MeitY, Start-up India & FabCI, Invites Companies to Join the Semiconductor Startup Program 2023

Three points you will get to know in this article: In a collaborative effort involving NXP Semiconductors India, Start-up India, FabCi (Fabless Chip Design Incubator), and the Ministry of Electronics and Information Technology, the second edition of the Semiconductor Startup Incubation and Acceleration Program has been unveiled. This ambitious initiative is dedicated to discovering, nurturing, mentoring, and establishing semiconductor and…

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