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CloudSEK Raises $19 Million in Latest Funding Round, Plans to Scale AI Models and Platform Integration
CloudSEK announced the completion of its Series A2 and B1 funding rounds on Tuesday. The cybersecurity platform said that it has raised $19 million (roughly Rs. 162.3 crore) in the combined funding round. The round witnessed participation from both Indian and US-based investors, the company stated. While new investors have been onboarded, the exist...
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"Not Sure How...": Omar Abdullah Slams IMF For $1 Billion Loan To Pak
Jammu and Kashmir Chief Minister Omar Abdullah on Saturday slammed the International Monetary Fund (IMF) for approving the immediate disbursement of about USD 1 billion to Pakistan amid heightening tensions with India.
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New York Asks Judge To Bar Trump From Killing Manhattan's Congestion Pricing Program
New York launched its first-in-the-nation program in January, charging most passenger vehicles a toll of $9 during peak periods to enter Manhattan south of 60th Street, in a bid to cut congestion and raise funds to improve mass transit.
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"It's Not Just My Story": Bengaluru CEO Says He Struggled To Afford Rent Despite Raising Rs 120 Crore
Harsh Pokharna, the co-founder and CEO of Bengaluru-based OKCredit, recently shared that he was "broke" in 2019 and living paycheck by paycheck despite securing Rs 120 crore in funding for his startup.
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The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
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Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
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Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
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India Ranks 2nd After US In Funding Women-Led Tech Startups: Report
In total, these startups have raised a funding of $26.4 billion, with the highest fund coming in the year 2021 ($6.3 billion).
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Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
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"USAID Was Allowed Here In Good Faith": S Jaishankar On Voter Turnout Fund
External Affairs Minister S Jaishankar has raised concerns over information from the US that millions of dollars were sent to India, allegedly to influence elections in India.
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Trump Questions India Voter Turnout Fund Again, BJP Seeks "Deep State" Probe
The BJP has sought an investigation into alleged US funding of $21 million for voter turnout in India and "kickbacks". The BJP's call for a probe came after US President Donald Trump first raised the issue of the alleged funding.
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"Raises Worries Of Interference In Internal Matters": India On USAID
India said the US Agency for International Development (USAID) $21 million fund for 'voter turnout in India' in 2012, "raises worries of interference in Indian internal matters, and relevant agencies are looking into it."
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
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"Not An Iota Of Fact": Ex-Poll Body Chief Rejects DOGE's India Funds Claim
Former chief election commissioner SY Quraishi on Sunday rejected a report that US agency funding was used for raising voter turnout in India when he headed the poll body.
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CloudSEK Raises $19 Million in Latest Funding Round, Plans to Scale AI Models and Platform Integration
CloudSEK announced the completion of its Series A2 and B1 funding rounds on Tuesday. The cybersecurity platform said that it has raised $19 million (roughly Rs. 162.3 crore) in the combined funding round. The round witnessed participation from both Indian and US-based investors, the company stated. While new investors have been onboarded, the exist...
-
"Not Sure How...": Omar Abdullah Slams IMF For $1 Billion Loan To Pak
Jammu and Kashmir Chief Minister Omar Abdullah on Saturday slammed the International Monetary Fund (IMF) for approving the immediate disbursement of about USD 1 billion to Pakistan amid heightening tensions with India.
-
New York Asks Judge To Bar Trump From Killing Manhattan's Congestion Pricing Program
New York launched its first-in-the-nation program in January, charging most passenger vehicles a toll of $9 during peak periods to enter Manhattan south of 60th Street, in a bid to cut congestion and raise funds to improve mass transit.
-
"It's Not Just My Story": Bengaluru CEO Says He Struggled To Afford Rent Despite Raising Rs 120 Crore
Harsh Pokharna, the co-founder and CEO of Bengaluru-based OKCredit, recently shared that he was "broke" in 2019 and living paycheck by paycheck despite securing Rs 120 crore in funding for his startup.
-
The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
-
Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
-
Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
-
Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
-
India Ranks 2nd After US In Funding Women-Led Tech Startups: Report
In total, these startups have raised a funding of $26.4 billion, with the highest fund coming in the year 2021 ($6.3 billion).
-
Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
-
"USAID Was Allowed Here In Good Faith": S Jaishankar On Voter Turnout Fund
External Affairs Minister S Jaishankar has raised concerns over information from the US that millions of dollars were sent to India, allegedly to influence elections in India.
-
Trump Questions India Voter Turnout Fund Again, BJP Seeks "Deep State" Probe
The BJP has sought an investigation into alleged US funding of $21 million for voter turnout in India and "kickbacks". The BJP's call for a probe came after US President Donald Trump first raised the issue of the alleged funding.
-
"Raises Worries Of Interference In Internal Matters": India On USAID
India said the US Agency for International Development (USAID) $21 million fund for 'voter turnout in India' in 2012, "raises worries of interference in Indian internal matters, and relevant agencies are looking into it."
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
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"Not An Iota Of Fact": Ex-Poll Body Chief Rejects DOGE's India Funds Claim
Former chief election commissioner SY Quraishi on Sunday rejected a report that US agency funding was used for raising voter turnout in India when he headed the poll body.
