Funding
9 articles covering the latest in funding
Edgehax raises ₹1.39 Cr to scale India's edge AI hardware
Bengaluru-based Edgehax secured ₹1.39 crore in a seed round led by Inflection Point Ventures to scale manufacturing, accelerate product development, and expand its full-stack Edge AI platform to international markets, including the US, Europe, and Singapore. The investment underscores a broader push for domestic hardware sovereignty and signals growing investor interest in India's Make in India-driven deep-tech ecosystem.
US-India VCs Unveil $1B Deep Tech Alliance for India
A consortium of U.S. and Indian venture funds has formed the India Deep Tech Investment Alliance (IDTA), pledging over $1 billion to back early-stage Indian startups in foundational technologies, from AI to quantum computing. The move aligns with India's RDI push and aims to close funding gaps through mentorship, global networks, and cross-border market access.
Anthropic raises $13B, valuation hits $183B
Anthropic closed a $13 billion Series F, lifting its post-money valuation to about $183 billion amid broad investor support. The round, led by ICONIQ, Fidelity, and Lightspeed, underscores strong demand for enterprise-focused, safety-driven AI and expands the company's footprint in the competitive frontier AI space. Revenue growth and Claude’s enterprise traction are central to the momentum.
WizCommerce Raises $8M to Bring AI to Wholesale
WizCommerce has secured $8 million in a Series A led by Peak XV Partners to accelerate its U.S. expansion and deepen AI capabilities for wholesale. The platform targets a $10 trillion market historically reliant on spreadsheets, fax machines, and manual workflows, aiming to automate the end-to-end sales cycle from quotes to payments.
Kyndryl bets $2.25B on India's AI push
Kyndryl announced a $2.25 billion investment in India over three years to accelerate AI capabilities and digital-skilling. The plan includes an AI Innovation Lab in Bengaluru, deeper government collaboration, and training programs for about 200,000 Indians in advanced digital technologies. The move highlights India's rising role in global tech and aligns with national AI and governance initiatives.
Zed Bets $32M on DeltaDB to Disrupt Git
Zed, an AI coding startup, has raised $32 million in a Series B led by Sequoia Capital to advance DeltaDB, a novel operation-based version control system. DeltaDB aims to fuse real-time code edits with the surrounding conversations between humans and AI agents, challenging Git's snapshot-based model and signaling a broader shift toward collaborative, AI-powered development tools.
Cohere Lands $500 Million, Boosting Its Valuation to $6.8 Billion
Cohere's recent $500 million funding round elevates its valuation to $6.8 billion, showcasing strong investor confidence in its enterprise-focused AI solutions.
Speciale Invest Supercharges India's Deep-Tech Scene with ₹600 Crore Fund
Chennai's Speciale Invest is shaking things up in India's deep-tech world with a hefty ₹600 crore fund, aiming to back startups in crucial sectors like AI and spacetech. This move not only boosts innovation but also positions India as a player in the global tech arena.
Prosus and Accel Pour $4.17M into Arivihan to Revolutionize AI Education
Arivihan, an edtech startup, has raised $4.17 million to enhance its AI-driven learning platform, aiming to make quality education accessible in underserved regions of India.