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The Bay Area stamp of approval: Why India’s AI startups need brand building to win trust?

From overhyped tools to underwhelming outcomes, AI adoption in Indian enterprises is hitting a reality check.

Kirani, who primarily invests in AI startups, shares that a glaring challenge for Indian AI startups is the lack of inherent trust from domestic enterprises.

'Expect surge in defence startup investments': Naukri.com founder Sanjeev Bikhchandani hails Akash, BrahMos impact
70% of women entrepreneurs want to improve their financial, marketing, and digital skills: Study
'Deep tech requires a new breed of entrepreneurs...': Rajeev Chandrasekhar on next innovation wave in startups

In a strategic shift, Zepto is also planning to relocate its headquarters from Mumbai to Bengaluru by November

Quick commerce unicorn Zepto raises $340 million in follow-on round, valuation jumps to $5 billion

Byju’s promoters have been accused of creating a communication blockade with investors

Byju’s forms working group with Prosus, Peak XV, and others for asset sale coordination

Zerodha’s Nikhil Kamath launches 'WTF Fund' for entrepreneurs under 22; check details

Zerodha’s Nikhil Kamath launches 'WTF Fund' for entrepreneurs under 22; check details

Oyo in talks with Apollo to refinance $660-mn loan after delayed IPO: Report

Oyo in talks with Apollo to refinance $660-mn loan after delayed IPO: Report

CRED’s total income for FY23 jumps 3.5x to Rs 1,484 crore

CRED’s total income for FY23 jumps 3.5x to Rs 1,484 crore

Preqin report pegs dry powder at $15.6 billion in 2022, up from $11.1 billion at the end of 2021

India-focused PE/VC funds raise record $8.5bn in 2022 despite sharp decline in deals

The oversubscribed fund saw investments from several LPs

Kae Capital closes Rs 410 crore winners fund to back previous portfolio standouts

Kamaths’ Rainmatter and Natco Pharma invests in women hygiene brand

Company says entire amount reinvested in business to scale it

Byju’s promoters rake in over $400 mn in secondary share sale since 2015

The Bengaluru-based company said at the time that the new capital would be used to expand its product

How Mojocare unravelled after $20 million Series A funding round

Corporate

HDFC Bank said it has secured “comprehensive legal advice” and remains committed to defending its CEO’s reputation.

HDFC Bank on Lilavati Trust allegations against CEO: 'Malicious bid to derail loan recovery'

Mukesh Ambani announces Rs 151 crore grant to ICT Mumbai, shares four ideas for 'Guru Dakshina' to professors

Delhi Airport to cancel 114 daily flights for runway upgrade from June 15 to Sept 15; check details

NCLAT rejects Byju's appeal to raise equity for Aakash, freezes stake structure

Sunil Mittal and Warburg Pincus in talks for $2 bn stake in Haier India: Report

Economy

The RBI's Monetary Policy Committee (MPC) announced on Friday a reduction of 50 basis points in the repo rate to 5.5%, marking the third consecutive rate cut in the current year.

From rate cut to CRR slash: RBI front-loads stimulus to revive credit and ease pressure on banks, says SBI

'US is not the victim...': GTRI founder says India fuels a hidden $40 billion American surplus

‘Bold, strategic’: Financial experts laud RBI MPC decision to cut 50 bps repo rate, 100 bps CRR

'BrahMos, Pinaka, Akash activated together': RBI's 100 bps CRR cut floods banks with lending firepower

RBI Monetary Policy Meeting: Gov Malhotra maintains India’s GDP growth projection for 2025-26 at 6.5%

Policy

The changes follow stakeholder consultations and are part of the government’s broader initiative to streamline regulations.

Finance Ministry overhauls old stock exchange rule to boost clarity and ease broker compliance

India plans stricter rules for companies with foreign ownership: Report

Centre notifies rules for GST Appellate Tribunals

Greenhouse gas targets: 282 industrial units under obligation to reduce emissions

‘We deserve better’: Indian entrepreneur on what Indian cities can learn from Vancouver