After a few months of testing during the general elections, Meta is making its Llama-3-powered AI chatbot available to all users in India. However, Meta AI currently only supports English and no other local languages. The company started testing Meta AI in India across WhatsApp, Instagram, Messenger, and Facebook in April by rolling it out […]
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General Catalyst, a Silicon Valley-based venture capital group, is expanding its presence in India by joining forces with local venture firm, Venture Highway, and earmarking $500 million to $1billion for investments in the country. Venture Highway’s investments include social commerce startup Meesho and B2B industrial marketplace Moglix. The two firms were said to be in talks
General Catalyst merges with Venture Highway in India push Read More »
With India’s election process completed and the new government starting its tenure in office, Meta has removed its restriction on election-related queries using its Meta AI chatbot. However, Google is still applying limits as part of its global restrictions on this type of queries. Meta’s restrictions lift means you can search for queries related to
Google has released its dedicated AI mobile app Gemini in India — over four months after its debut in the U.S. — with support for nine Indian languages, including Hindi. The Gemini mobile app in India is based on Google’s AI Gemini 1.5 Pro and supports nine Indian languages alongside English: Hindi, Bengali, Gujarati, Kannada, Malayalam,
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Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch. That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $10 billion in 2019. The startup, struggling to raise from
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Google on Thursday said it is rolling out NotebookLM, its AI-powered note-taking assistant, to over 200 new countries, nearly six months after opening its access in the U.S. The platform, powered by Google’s multimodal LLM Gemini 1.5 Pro, has also been upgraded with new features and languages to help more people use AI to generate
Google’s updated AI-powered NotebookLM expands to India, UK and over 200 other countries Read More »
Amazon has agreed to acquire Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. The two firms reached a definitive agreement for the deal on Wednesday evening,
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The BJP-led National Democratic Alliance (NDA) has emerged victorious in India’s 2024 general election, but with a smaller majority compared to 2019. According to post-election analysis by Goldman Sachs, UBS, Bernstein and Citi, this slimmer mandate may push the government – known for transforming India into a global manufacturing powerhouse and making investments in sectors
Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough decision” as it navigates the country’s evolving regulatory landscape. In a statement posted on its website, Stripe said businesses in India will no longer be
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Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs,
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund Read More »
