Don’t want to survive on govt incentives: Payments Council Chairman on Rs 1,500 Cr UPI scheme

Payments Council of India (PCI) Chairman Vishwas Patel has sharply criticised the Union Cabinet’s approval of a Rs 1,500 crore incentive scheme for low-value BHIM-UPI transactions, calling the allocation paltry.Patel,…

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India AI Mission, Gates Foundation to sign MoU soon: Vaishnaw

India AI mission and Gates Foundation will soon sign a memorandum of understanding (MoU) for developing AI solutions for better crops, stronger healthcare, smarter education, and climate resilience, Union Minister…

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All In Capital launches Fund II with Rs 200 Cr target corpus, makes first close at Rs 85 Cr

Pre-seed venture fund All In Capital has launched its second VC fund with a target corpus of Rs 200 crore. The fund includes a greenshoe option of another Rs 100…

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Over 1,200 online gaming sites blocked between 2022-2024: IT Minister

The government is tightening its grip on online gaming as concerns over addiction and financial risks escalate. The Ministry of Electronics and IT (MeitY) issued 1,298 blocking directions against online…

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Elon Musk’s X raises $1B in equity funding at $32B valuation: Report

Social media platform X (Formerly Twitter) has raised close to $1 billion in new equity funding, valuing the company at approximately $32 billion, said a report by Bloomberg.According to the…

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IndiaAI Mission receives 67 proposals to build indigenous AI models

The IndiaAI Mission has announced that it has received around 67 proposals for developing indigenous AI models. According to a PIB release, out of total proposals, 22 are focused on foundational…

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