News for 'ai startups'

How Garuda Aerospace Is Expanding Its Global Drone Footprint

How Garuda Aerospace Is Expanding Its Global Drone Footprint

Rediff.com16 Jun 2026

Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

Rediff.com13 Jun 2026

The US Congress has paid tribute to the late Indian-American entrepreneur Sivaramakrishnan Somasegar, known as 'Soma', for his significant contributions to Microsoft and the broader technology sector. Congresswoman Suzan DelBene highlighted his impactful career at Microsoft, his role in fostering new startups, and his community involvement, including co-founding the Seattle Orcas cricket team.

RBI Leverages AI to Boost Digital Payments and Customer Experience

RBI Leverages AI to Boost Digital Payments and Customer Experience

Rediff.com24 Mar 2026

The Reserve Bank of India (RBI) is developing digital public infrastructure and payments intelligence platforms using artificial intelligence and application programming interfaces to improve customer experience and strengthen the payments ecosystem.

Govt: Boost AI Now or Lose IT Edge

Govt: Boost AI Now or Lose IT Edge

Rediff.com20 Nov 2025

'What the government is doing would be a drop in the ocean. It has to be matched by investments by industry.'

Maruti Suzuki onboards 5 early-stage startups to create tech solutions

Maruti Suzuki onboards 5 early-stage startups to create tech solutions

Rediff.com30 Jan 2026

Maruti Suzuki India on Friday said it has onboarded five early-stage startups to co-create new technology solutions across business functions.

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

Rediff.com19 Jun 2026

India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Rediff.com21 May 2026

Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.

AI ecosystem opaque, needs accountability: CCI chairperson

AI ecosystem opaque, needs accountability: CCI chairperson

Rediff.com26 Feb 2026

The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

'This Isn't Day One Of AI; It Is Hour One'

'This Isn't Day One Of AI; It Is Hour One'

Rediff.com20 Feb 2026

'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Rediff.com11 Mar 2026

'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'

In red-hot AI space, funds for Indian startups cooling down: Traxcn

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Rediff.com11 May 2024

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.

IIT Bhubaneswar Unveils Portable Device For Rapid Arsenic Detection In Water

IIT Bhubaneswar Unveils Portable Device For Rapid Arsenic Detection In Water

Rediff.com10 Jun 2026

IIT Bhubaneswar researchers have developed 'ArsenSafe', a portable, low-cost device for rapid, on-site detection of arsenic in drinking water. This innovation aims to address the critical public health challenge of arsenic contamination in groundwater, offering a solution that doesn't require laboratory infrastructure.

Experts Call For National Policy To Boost Assistive Technology Market

Experts Call For National Policy To Boost Assistive Technology Market

Rediff.com5 days ago

Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.

MY Bharat Convention: Empowering Young Indians For Nation-Building

MY Bharat Convention: Empowering Young Indians For Nation-Building

Rediff.com6 Jun 2026

Over 6,000 young people from diverse backgrounds participated in the MY Bharat Youth Convention in New Delhi, interacting with Sports Minister Mansukh Mandaviya and other dignitaries. The convention highlighted the crucial role of youth in nation-building and underscored India's significant demographic advantage.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

AI summit in Delhi: Modi welcomes global leaders

AI summit in Delhi: Modi welcomes global leaders

Rediff.com16 Feb 2026

Prime Minister Narendra Modi champions India as a leader in the artificial intelligence revolution, emphasising the nation's ambition and responsibility at the India AI Impact Expo 2026.

Indian Startup Agnikul Cosmos Achieves Milestone with 3D-Printed Rocket Engine Test

Indian Startup Agnikul Cosmos Achieves Milestone with 3D-Printed Rocket Engine Test

Rediff.com25 Mar 2026

Chennai-based space start-up Agnikul Cosmos has successfully tested its 3D-printed booster engine, 'Agnite', marking a significant advancement in reducing production complexity and turnaround time for space missions.

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com25 Feb 2026

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'

Ankur Warikoo: AI Could Be Your 'Best Friend' in the Future

Ankur Warikoo: AI Could Be Your 'Best Friend' in the Future

Rediff.com20 Feb 2026

'Relationships do not work out because people are unpredictable. They're emotional. They are biased. An AI companion will not be any of these,' says entrepreneur Ankur Warikoo.

'We have been building AI before it became mainstream'

'We have been building AI before it became mainstream'

Rediff.com20 Feb 2026

'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'

AI Could Widen Inequalities if Not Used for People's Benefit: Amitabh Kant

AI Could Widen Inequalities if Not Used for People's Benefit: Amitabh Kant

Rediff.com26 Feb 2026

Former NITI Aayog CEO Amitabh Kant warns that artificial intelligence (AI) could exacerbate global inequalities if not used for the benefit of people, highlighting its immense energy requirements and the need for renewable energy solutions.

Dream Sports pivots to fintech, AI, and sports entertainment after gaming ban

Dream Sports pivots to fintech, AI, and sports entertainment after gaming ban

Rediff.com26 Mar 2026

Following a ban on real-money gaming, Dream Sports, the parent company of Dream11, is strategically expanding its portfolio across 11 companies, including a new venture into wealth management and stockbroking, with a focus on serving a mass user base through AI-first solutions, cofounder Harsh Jain confirmed.

Naidu Focuses On Quantum Tech For Andhra Pradesh's Future

Naidu Focuses On Quantum Tech For Andhra Pradesh's Future

Rediff.com17 May 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu marked World Telecommunication and Information Society Day by emphasising the state's growing quantum technologies ecosystem and the importance of secure digital infrastructure.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

AI System To Transform Training, Injury Tracking In Indian Sports

AI System To Transform Training, Injury Tracking In Indian Sports

Rediff.com20 Feb 2026

India launches AI-driven SPEEED platform to track athlete performance, predict injuries, tackle age fraud and revolutionise sports science nationwide.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com17 May 2026

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

TACC, NUS Join Hands To Advance Material Science

TACC, NUS Join Hands To Advance Material Science

Rediff.com2 Jun 2026

Graphite electrode maker TACC has signed an initial agreement with the Institute for Functional Intelligent Materials to collaborate in the fields of advanced materials science, nanotechnology, and related disciplines.

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com18 May 2026

'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'

Siddaramaiah Calls for Ethical AI Use, Protecting Artists in AVGC-XR

Siddaramaiah Calls for Ethical AI Use, Protecting Artists in AVGC-XR

Rediff.com27 Feb 2026

Karnataka Chief Minister Siddaramaiah emphasized the importance of ethical AI usage, intellectual property protection, and fair compensation in the AVGC-XR sector, advocating for AI to enhance human creativity rather than replace artists.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com5 Jun 2026

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

Youth Cong AI protest ignites nationwide BJP-Congress street clashes

Youth Cong AI protest ignites nationwide BJP-Congress street clashes

Rediff.com22 Feb 2026

Indore in Madhya Pradesh, Puducherry and Prakasam in Andhra Pradesh also witnessed a tense atmosphere amid confrontation between the party workers.

Startups To Altman: Make OpenAI Affordable

Startups To Altman: Make OpenAI Affordable

Rediff.com6 Feb 2025

'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

Rediff.com26 Mar 2026

Ajay Kela, CEO of Wadhwani Foundation, highlights India's significant opportunity to lead in the diffusion of technology, creating national-scale use cases that reach millions of end-users. He also discusses the role of deep-tech startups and SMEs in job creation and the importance of upskilling initiatives.

Andhra Pradesh to Unveil India's First Indigenous Quantum Computing Test Beds

Andhra Pradesh to Unveil India's First Indigenous Quantum Computing Test Beds

Rediff.com12 Apr 2026

Andhra Pradesh is set to inaugurate India's first indigenously developed, open-access quantum computer test beds, Amaravati 1S and 1Q, at SRM University, marking a significant advancement in the nation's quantum computing capabilities.