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Upgrad-Udacity deal; Angel One snags Kotak Cherry top deck

Happy Monday! Ronnie Screwvala-led Upgrad is closing in on US edtech firm Udacity, with a fresh fundraise likely to seal the deal. Details of this and more in todays ETtech Morning Dispatch.

generative AI startups: The AI-ceberg of innovations: Meet AI-first startups shaping India s tech future

Over the last 12 months, a new generation of AI-driven companies and generative AI tooling startups have attracted investments, but this represents only a small percentage of the companies driving innovation in this space. Under the surface lies vast, untapped potential for more.

Lightspeed leads Sarvam AI s $41 mn Series A round

Sarvam AI, a homegrown startup in the generative artificial intelligence (GenAI) segment, said Thursday it has raised $41 million (about Rs 340 crore) in its ..

Lightspeed, Peak XV and Khosla Ventures infuse $41 mn into Sarvam AI to build India-specific Gen AI models

It plans to develop the “full-stack” for generative AI ranging from research-led innovations in training custom AI models to an enterprise-grade platform

Five-month-old Indian AI startup Sarvam scores $41 million funding

Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack Indian AI startup Sarvam has raised $41 million from Lightspeed, Peak XV and Khosla Ventures.

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