Sources: Chinese AI circuit board maker Victory Giant plans a Hong Kong IPO as soon as April that may raise $2B+; China's regulator approved the IPO last week
Victory Giant Technology (Huizhou) Co., a Chinese maker of printed circuit boards, is preparing for a Hong Kong listing …
Rozana, which offers rural e-commerce and logistics services to 21,000 villages across India, raised a $31.6M Series B led by Bertelsmann India Investments
Rural omnichannel retail platform Rozana has raised Rs 290 crore ($31.6 million) in a Series B funding round led by Bertelsmann India Investments.
Junyang Lin, a tech lead on Alibaba's Qwen team, abruptly steps down, and two other team members leave; one contributor says “I know leaving wasn't your choice”
Alibaba's Qwen AI project has lost one of its most visible technical leaders just a day after the Chinese tech giant unveiled its new Qwen 3.5 open-weight small models.
Bengaluru-based Pronto, which offers on-demand home-help services like cooking and cleaning, raised a $25M Series B led by Epiq Capital at a $100M valuation
Mumbai-based digital payments processor BillDesk agrees to acquire the Indian business of Worldline for an equity value of ~$70M, set to close in H2 2026
Billdesk is set to acquire the India payments business of French payment giant Worldline for an estimated equity value of $70 million.
Google announces a partnership with Sea to develop AI tools for Sea's Shopee, Southeast Asia's most dominant e-commerce platform, and Sea's gaming unit Garena
Peak XV, which split from Sequoia in 2023, raised $1.3B across new India- and Asia-focused funds, bringing its total assets under management to over $10B
Google announces a partnership with Sea to develop AI tools for Sea's Shopee, Southeast Asia's most dominant e-commerce platform, and Sea's gaming unit Garena
Alphabet Inc's (GOOGL.O) Google and Southeast Asian technology conglomerate Sea Ltd (SE.N) announced a new tie-up on Thursday …
Peak XV, which split from Sequoia in 2023, raised $1.3B across new India- and Asia-focused funds, bringing its total assets under management to over $10B
Jagmeet Singh /TechCrunch:
OpenAI partners with six Indian education institutions, including IIT Delhi, IIM Ahmedabad, and AIIMS New Delhi, to provide ChatGPT Edu access to 100K+ students
OpenAI is expanding its footprint in India and moving into the country's higher-education system through partnerships with leading academic institutions.
At India's AI Summit, Alphabet announces the America-India Connect Initiative, which will build new fiber optic lines between India, the US, and other countries
Alphabet Inc. unveiled several new initiatives to support its expansion in India, including new fiber-optic routes that will connect …
Nvidia says it is working with Peak XV, Z47, and other VC firms in India to fund AI startups; 4,000+ Indian AI startups have joined its global startup program
Dylan Butts /CNBC:
Microsoft says it is on pace to invest $50B by 2030 to help expand AI across the Global South, after unveiling $17.5B worth of AI investments in India in 2025
Abu Sultan /Reuters:
Bengaluru-based startup Sarvam AI unveils two models at the AI Impact Summit that it says are more tailored to Indian languages and cultures than other models
An Indian startup called Sarvam AI is making a push to create a viable competitor for the domestic market, unveiling an artificial-intelligence model …
Anthropic opens a Bengaluru office, its second in Asia, says its India run-rate revenue doubled since October, and curates training data for 10 Indic languages
our new home base in India, and Anthropic's second office in Asia-Pacific. India is our second-largest market for https://claude.ai/. We're launching new partnerships to deepen our long-term commitmen...
Sources: top VC firms in India like Khosla and Accel are set to commit investments from $300M to $500M each to India's AI ecosystem at the AI Impact Summit
Top venture capital firms in India are set to invest $300-500 million each into the country's AI ecosystem, covering infrastructure …
As India prepares to host its AI Impact Summit in New Delhi this week, the country is set to promote a frugal AI strategy focused on solving local issues
The world's most populous country is looking at how it can become an artificial-intelligence power without breaking the bank
Data analytics company Fractal, which became India's first AI unicorn in 2022, raised $313M in its Mumbai IPO; its shares fell 5% amid a weak Indian IPO market
Anthropic opens a Bengaluru office, its second in Asia, says its India run-rate revenue doubled since October, and curates training data for 10 Indic languages
India is the second-largest market for Claude.ai, home to a developer community doing some of the most technically intense AI work we see anywhere.
India-based AI cloud startup Neysa plans to raise up to $600M in equity led by Blackstone, plus $600M in debt, to deploy 20K+ GPUs in India for AI training
A group of investors led by Blackstone Inc. plans to make an equity investment of up to $600 million in India's artificial intelligence cloud startup Neysa.