Uncategorized

When Fig Living began its journey, the intent was simple: to create thoughtfully designed lighting that people would want to live with every day....

The gap between an AI demo and a production system isn't just technical. It's a complete mindset shift, and, in India, it comes with its own set of constraints around cost, infrastructure, and scale.That was the running theme at a mixer in Bengaluru organized by E2E Networks, NVIDIA, and YourStory, where AI founders, investors, and technology leaders gathered to talk about what actually breaks when you try to serve millions of users instead of impressing a room full of investors.Shivani Muthanna from YourStory moderated the evening, which featured keynotes and a panel discussion that cut through the usual AI hype to focus on execution.The cost equation that startups can't ignoreVishnu Subramanian, Head of Product and Marketing at E2E Networks, started with the kind of math that makes early-stage founders pay attention. With $100, you get around 9 to 10 hours on a hyperscaler. On E2E, you get approximately 330 hours."We are making the lives of startups a lot easier when you try to go live and try to take it to population scale," Subramanian said, explaining how E2E focuses on optimizing everything, from GPU instance spin-up times to model deployment.He walked through the stages most AI startups go through. Exploration,…  ​Read More​YourStory RSS Feed

SoftBank Group Corp. on Thursday reported a net profit of 248.6 billion yen ($1.62 billion) for the July-September quarter, buoyed by gains from its investments in OpenAI.The result marks a steep 90% decline from the 2.5 trillion yen ($16.22 billion) reported in the previous quarter and represents a reversal from the 369 billion yen loss ($2.4 billion) recorded in the same quarter a year ago.SoftBank's Vision Fund 2 (SVF2) gained 2.79 trillion yen ($18.28 billion) from its investments in OpenAI during the quarter.SoftBank Vision Fund II's India portfolio includes foodtech major Swiggy, ecommerce company Meesho, EV-maker Ola Electric, and the newly-listed Lenskart.Meesho's shares listed at a 45% premium to their issue price of Rs 111, taking the ecommerce platform's total market capitalisation to Rs 72,751 crore.The stock opened at Rs 161.20 per share on the BSE, signaling sustained investor appetite for Meesho's Bharat-focused e-commerce model. SoftBank did not sell its stake in the offering. Through its SVF II Meerkat entity, SoftBank owns approximately 9.3% to 9.9% of the Indian ecommerce platform.In recent months, SoftBank has shifted its focus to AI companies, heavily investing in ChatGPT-maker OpenAI. The conglomerate also has a joint venture with OpenAI, Oracle, and others to build…  ​Read More​YourStory RSS Feed

I’ve observed a clear shift in how people search for information. Instead of relying solely on Google, users are increasingly turning to AI tools...

From IISc building a deeptech ecosystem to startups partnering to build pan-India EV infrastructure, YourStory brings you the latest news and updates from India’s tech and enterprise world. Featured storiesHow IISc’s FSID is building a vibrant deeptech ecosystem in India The Foundation for Science Innovation and Development (FSID) at IISc, formally incorporated in 2020, nurtures deeptech startups through comprehensive support. FSID receives 400 annual applications, selecting 20 startups (45% non-IISc background). It provides laboratory space, mentorship, and funding. Director Prof Balan Gurumoorthy said, "It is always about taking the know-how developed on the campus (IISc) to the outside world." FSID targets 25-30 startups annually going forward.Read here. Funding news W Health Ventures raises Rs 550 Cr to back healthtech startups W Health Ventures has completed the first close of its second fund at Rs 550 crore, targeting a final corpus of Rs 630 crore. The healthcare-focused venture firm plans to incubate eight to 10 companies over four years, investing Rs 30–50 crore per venture. Managing Partner Dr Pankaj Jethwani said they "work with founders, clinicians, operators, and strategic partners to co-found companies from inception." The first fund has backed companies including Nivaan, BeatO, and Wysa. Fund II has launched Everhope Oncology with Narayana Health and is developing a…  ​Read More​YourStory RSS Feed

Shares of eyewear giant Lenskart rallied 12.87% to  ₹526.4 during the early trading hours on the BSE today after the…

India has undergone radical changes over the past decade in terms of its digital landscape, and perhaps more pronounced in the gaming industry. From...

Delhi NCR-based Elixiir Foods has raised $9 million in a seed funding round led by 3one4 Capital. Incubate Fund Asia has also participated in the round. Founded by FMCG veterans Arvind Mediratta and Ambuj Narayan, Elixir Foods is building a technology-driven grocery platform for urban India. The platform offers fresh produce, dairy, meat, seafood, and daily essentials positioned as "affordable premium"."India is no longer looking only for basics. It wants healthier food choices along with authentic gourmet cuisines: not just from different regions of India, but from around the world. Elixiir Foods is being built as a tech-native destination, positioned as the most trusted platform for fresh, healthy, and gourmet food products," Mediratta said in a statement. "We also recognise that Indian customers across all SECs are highly value-conscious, making pricing the X-factor right at the wholesale and distribution level as part of our customer proposition. This represents a massive opportunity, with the total addressable market easily exceeding $100 billion and continuing to grow.”The funds will be used to launch Elixiir Foods’ initial presence, strengthen its tech-enabled fresh sourcing and private label supply chains, expand its wholesale and distribution backbone, and build the technology foundation required for a density-led city rollout,…  ​Read More​YourStory RSS Feed

Electronics systems design and manufacturing (ESDM) startup Indigrid Technology has raised an additional ₹40 Cr in its Series A funding…

Mumbai has unveiled India’s first “Melody Road”, a unique stretch of highway designed to play music as vehicles drive over it. The tune embedded into the road surface is the iconic “Jai Ho”, turning the everyday commute into an unexpected musical experience for motorists and passengers alike. The road uses specially engineered grooves that produce the melody when tyres roll over them at a specific speed, offering a blend of entertainment and safety in urban travel. How the Melody Road Works The concept behind a melody road is rooted in precision engineering: Grooves cut into the surface are spaced and angled so that tyre vibrations create distinct musical notes. When vehicles travel at the designated speed, the vibrations harmonise to produce a recognisable melody. In Mumbai, the tune chosen is “Jai Ho” — a vibrant, upbeat song that resonates with local culture and public enthusiasm. This technology turns ordinary road travel into an interactive experience while encouraging drivers to maintain the optimal speed at which the melody plays correctly. Why “Jai Ho” Was Chosen for Mumbai’s Melody Road Officials explained that “Jai Ho” was selected for its uplifting and motivational appeal, making it a fitting background for daily commutes. The…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups