Related News

CNBC’s Jim Cramer said Wednesday that he believes plenty of software companies will survive the threat of AI disruption, rejecting the most doomsday predictions. Still, he cautioned that investors also

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia

Google is folding in former moonshot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the space. After five and a half years developing its technology at

OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in

A powerful telescope in Chile has captured a detailed new image of the centre of the Milky Way, released on Wednesday by the European Southern Observatory.The image focuses on a

Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia is scheduled to report fiscal fourth-quarter

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

‘Global-first’ Indian-origin AI startups rake in moolah | India News

Word Count: 596 | Estimated Reading Time: 3 minutes


'Global-first' Indian-origin AI startups rake in moolah

BENGALURU: A clutch of India-origin AI startups secured significant early-stage funding, attracting marquee global investors. With a global-first approach, these homegrown startups demonstrated early monetisation potential and commanded premium valuations, reflecting growing confidence in their scalability and global relevance. These AI-native startup deals that TOI learnt about include GigaML, which offers secure on-premise deployment of large language models for enterprise use cases. At a stage of $1-3 million annual recurring revenue (ARR), it raised $40 million led by US-based Redpoint Ventures at a $350 million post-money valuation. Atomicwork, an AI-native alternative to traditional enterprise service desks, secured $25 million in a round that saw participation from Khosla Ventures at a $120 million valuation.Redpoint Ventures and Khosla Ventures have backed prominent tech companies globally. Other transactions TOI learnt about include Y Combinator-backed Emergent, which raised $20 million led by Lightspeed India at a $90 million valuation. UnifyApps secured $50 million from WestBridge Capital at a $250 million valuation. Confido Health raised $9.3 million from investors such as Blume and DeVc at a $35 million valuation. Composio raised $25 million in a round led by Lightspeed at a $120 million valuation. Metaforms, at a scale of $1 million, raised $10 million led by Peak XV Partners at a valuation of $50 million. Meanwhile, Weaver AI, at a pre-revenue stage and founded by serial entrepreneur Kushagra Sinha, raised $10-12 million led by First Round Capital at a $70 million valuation. First Round Capital’s global portfolio comprises the likes of Notion, Roblox, Square, and Uber. All these native AI deals are India-origin businesses adopting a global-first go-to-market approach.





Source link

Most Popular Articles