New Delhi, April 21 (IANS) India’s tech startup ecosystem saw record high new public listings, and a clear pivot by venture capital toward artificial intelligence in FY26, a report said on Tuesday.The report from data intelligence platform Tracxn Technologies Limited said 47 tech initial public offerings were completed in FY26, up 52 per cent from 31 the previous year, marking the highest number of listings in a decade.The report noted that $11.7 billion was raised across 1,632 funding rounds …
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New Delhi, April 9 (IANS) Tech funding in India stood at $11.7 billion in FY 2025-26, an increase of 20 per cent compared to $9.7 billion raised in FY2023-24 amid strong early-stage momentum and a surge in IPO activity, according to a new report.As per Tracxn analysis, India ranked as the fourth-highest funded country globally during FY 2025-26, behind the United States, the United Kingdom and China, while staying ahead of Germany and France.It further stated that funding trends showed strong tr…
Patna, Feb 19 (IANS) Amid the controversy involving Galgotias University over a Chinese robotic dog showcased at the India AI Impact Summit, Union Minister Chirag Paswan on Thursday termed the incident a “major lapse” and said the government would decide on further action after the summit concludes. Interacting with reporters, Paswan said it was completely wrong for a university to display a product and falsely claim ownership of it. “This is a major lapse. A university displaying something inco…
New Delhi, Feb 19 (IANS) Amid the controversy involving Galgotias University over a robotic dog displayed at the India AI Impact Summit 2026, Shiv Sena (UBT) MPs on Thursday questioned the role of the organisers and demanded strict action, including penalties, against the university. The MPs said the incident was not only a matter of national embarrassment but had also led to international ridicule. Speaking to IANS, Shiv Sena (UBT) MP Priyanka Chaturvedi said the episode could have been avoided…
New Delhi, Feb 18 (IANS) Galgotias University, facing fire from all quarters, including people at large for roughly twenty-four hours, was sent packing on Wednesday evening from the AI Summit Expo, over the fiasco and national embarrassment it brought for itself as well as the nation over the Chinese robot dog. The Greater Noida-based University, in a statement on Wednesday, said that it was ‘profoundly apologetic’ over the incident and informed that it was vacating the pavilion allotted to …
New Delhi, Feb 18 (IANS) Shiv Sena-UBT MP Priyanka Chaturvedi on Wednesday slammed the Galgotias University amid the controversy over the use of a Chinese robodog at the India AI Impact Summit, calling it “outright plagiarism” and demanding an apology from the institution. Speaking to IANS, Chaturvedi noted that the AI Summit is meant to highlight genuine work in innovation, explore new ideas, and develop learning models. She added that artificial intelligence can be used to make systems easier …
New Delhi, Feb 18 (IANS) After the organisers directed the Galgotias University to vacate the AI Impact Summit Expo for causing a ‘national embarrassment’, by presenting a Chinese Unitree robodog as its own, professors from the university on Wednesday came out to clarify their stand. Stating that they never pitched the Chinese AI-powered robodog as its own, the professors said that the matter was blown out of proportion on social media and the whole episode emanated over a small misinterpretatio…
New Delhi, Jan 16 (IANS) India’s fintech sector raised a total of $2.4 billion in 2025, marking a 2 per cent increase from $2.3 billion in 2024, and ranked third globally behind the US and the UK, a report said on Friday.The report from market intelligence platform Tracxn said that early‑stage funding showed a huge surge to $1.2 billion in 2025, up 78 per cent from $667 million in 2024 and up 56 per cent from $762 million in 2023.The funding trends varied across stages, with seed‑stage fundi…