Ola co-founder Bhavish Aggarwal's Krutrim unveils its family of AI models
Krutrim, meaning
Source: moneycontrol.com
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Ola: Ola, SarvamAI announce their large language models
In two separate developments on Wednesday, mobility unicorn Ola and AI startup SarvamAI have announced their large language models (LLMs) trained to generate text in Hindi.
Uttar Pradesh Bhavish Aggarwal Pratyush Kumar Vivek Raghavan Indian School Of Business Senior Management Programme
Source: indiatimes.com
India's Udaan to raise $340 million ahead of IPO
Indian e-commerce firm Udaan will raise $340 million through a fresh issue of shares and conversion of debt, ahead of its planned stock market debut in 2025, the company said on Thursday. ...
Source: marketscreener.com
French startup Mistral AI closes $415M funding round
French artificial intelligence (AI) startup Mistral AI has announced it raised €385 million ($415 million) in its latest funding round to develop its…
Source: biztoc.com
French startup Mistral AI closes $415M funding round
French artificial intelligence (AI) startup Mistral AI has announced it raised €385 million ($415 million) in its latest funding round to go toward developing…
Source: biztoc.com
Mistral AI valued at €2B after financing round
Mistral AI on Monday closed a US$415 million (€385 million) financing round which sources say values the Paris, France-based OpenAI rival at €2 billion. The...
Source: proactiveinvestors.com
Weekly Funding Wrap: Large cheques, late-stage deals make a comeback; startups raise about $105 million
The week saw Sarvam.ai, Sleep Company and CoreEL raise cheques in over $15 million range in contrast to the past weeks when there were few such deals
Vivek Raghavan Pratyush Kumar Asset Management Ltd Coreel Technologies India Private Asset Management Sleep Company
Source: moneycontrol.com
AI startup Sarvam.AI bags $41 million in funding led by Lightspeed, Peak XV, others
The AI firm plans to use the funding to focus on India-specific offerings which includes training AI models to support the diverse set of Indian languages and voice-first interfaces
Source: moneycontrol.com
Expense management startup Navan cuts staff to find profitability ahead of delayed IPO
Valued at $9 billion in late 2022, Navan is said to be targeting an initial public offering sometime in 2024.
Source: techcrunch.com
Expense management startup Navan cuts staff to find profitability ahead of delayed IPO
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. "Navan has recorded strong growth over the past three years despite the challenges affecting our industry," the spokesperson wrote via email, describing the cuts as a "restructuring." In October of 2022, Navan secured $150 million debt and raised $154 million in equity at a post-money valuation of $9.2 billion, up from it...
Source: yahoo.com