Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. […]
OpenAI taps former Twitter India head to kickstart in the country
OpenAI is working with former Twitter India head Rishi Jaitly as a senior advisor to facilitate talks with the government about AI policy, TechCrunch has exclusively learned. OpenAI […]
India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3 to […]
Five-month-old Indian AI startup Sarvam scores $41 million funding
Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack […]
Doubtnut, once offered a $150M deal by Byju’s, sells for $10M
Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of […]
India’s anti-money laundering agency finds $1 billion violation at Byju’s
India’s Enforcement Directorate, its anti-money laundering agency, has found that Byju’s violated the nation’s foreign exchange law to the tune of $1.08 billion, a person familiar with the […]
Mamaearth makes public debut, youngest Indian unicorn to list
Shares of Honasa Consumer, the parent firm of direct-to-commerce beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they […]
In Mamaearth, Peak XV finds its fourth 10x return since Sequoia separation
In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The […]