INDIAN DEEP TECH STARTUPS
Tech denial’s come home: The Anthropic shock is India’s wake-up call
The US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust for partners like India. The move prompts global efforts to build independent AI capabilities. India must leverage its talent and diverse partnerships to avoid single-point dependency.
Bridging Talent and capital: PM Modi, French President Macron launch 'Bharat Innovates 2026' in Nice
The high-profile event, held in Nice, serves as a cornerstone of the "India-France Year of Innovation" and aims to catalyse deep-tech collaboration by linking India's burgeoning startup ecosystem with global investment networks.
“Innovation is in India’s DNA,” says PM Modi at Bharat Innovates event in France
Speaking at Bharat Innovates 2026 in France, PM Narendra Modi declared India is now a major global innovation center, actively contributing to worldwide solutions. He stressed that innovation is deeply embedded in India's culture. Modi also reassured attendees that the government is committed to continuous reforms to boost economic growth and attract investment.
PM Modi, Macron discuss expansion of India's UPI in France, sign 19 pacts
Prime Minister Narendra Modi and French President Emmanuel Macron met and signed 19 agreements. Discussions covered AI, innovation, trade, and infrastructure. Key outcomes include an India-France Innovation Roadmap and expansion of UPI services. Both nations aim to strengthen cooperation in technology, space, and economic security. This meeting marks a significant step in the India-France Special Global Strategic Partnership.
Human-centric technology at heart of India's AI ambitions: PM Narendra Modi at Bharat Innovates 2026
Prime Minister Narendra Modi emphasised India's "technology for humanity" approach at Bharat Innovates 2026 in Nice, aligning with India's vision of "AI for all." French President Emmanuel Macron echoed this, advocating for ethical and responsible AI development, cautioning against power concentration.
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PM Modi, French President Macron hold delegation-level talks
Prime Minister Narendra Modi and French President Emmanuel Macron met in Nice, France. They jointly launched 'Bharat Innovates 2026', a three-day event. This showcased India's deep-tech startups and innovators. The leaders discussed Indo-French cooperation on global challenges. They highlighted initiatives in AI and clean energy. The event aims to transform India into a global innovation hub.
'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AI
French President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's shared commitment to ethical and responsible AI development. The leaders jointly inaugurated 'Bharat Innovates 2026' in Nice, showcasing deep-tech startups and fostering collaboration in innovation and technology for global good.
"Innovation is embedded in India's DNA": PM Modi champions 'AI for All' at Bharat Innovates 2026
Prime Minister Modi and French President Macron inaugurated Bharat Innovates 2026, highlighting India's evolution from technology adopter to provider. The conclave aims to foster global collaboration in deep-tech sectors, emphasizing innovation for human welfare and inclusive growth. This event signifies a deepening India-France synergy for future global innovation.
PM Modi interacts with investors, venture capitalists in Nice ahead of Bharat Innovates 2026
Prime Minister Narendra Modi met with top investors and innovation leaders in Nice, France. This event precedes the Bharat Innovates 2026 conclave, highlighting India's growing tech and startup strengths. The Prime Minister will also hold bilateral talks with French President Emmanuel Macron. India's participation at the G7 Summit and VivaTech Summit will further showcase its global role.
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage
US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This exclusion, particularly from Fable 5's coding capabilities, raises concerns about digital equity and strategic dependency, as Indian data contributed to the models' value.
Bharat Innovates 2026 in France to feature Indian innovators, higher education Institutions, investors
Prime Minister Narendra Modi and French President Emmanuel Macron will inaugurate Bharat Innovates 2026 in Nice. This event will connect Indian innovators with global investors and industry leaders. It aims to accelerate innovations from India's higher education sector. Bharat Innovates 2026 will showcase deep tech innovators and startups.
India's technological self-reliance to be on display at VivaTech 2026 in Paris: Jawed Ashraf
India is the AI Partner Country at VivaTech 2026 in Paris. The nation will display its advancements in sovereign AI capabilities and self-reliance. Prime Minister Narendra Modi will deliver the keynote address. This event highlights India's commitment to shaping the future of AI and its global role.
PM Modi, French President Emmanuel Macron to inaugurate Bharat Innovates 2026 in Nice today
Prime Minister Narendra Modi is set to make waves in Nice as he inaugurates Bharat Innovates 2026 alongside French President Emmanuel Macron. This extraordinary exhibit will present more than 120 trailblazing Indian startups, aimed at nurturing collaborative innovation and advancing technology sharing.
Star Wars: How India’s spacetech-defence ties are shaping the future
SpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications and warfare. The company’s role in Ukraine through Starlink and its US defence work highlights the growing importance of private space firms in military and geopolitical affairs.
Bharat innovates, ready for take-off
India's deep-tech startups are showcasing their advanced capabilities in France. This event highlights India's growing strength in space, AI, and defence. Indian companies are developing rockets and satellites for global markets. France serves as a key gateway to Europe. This initiative aims to foster international partnerships for co-development and investment.
India's agriculture and water tech startups gain momentum, sustainability in focus: Nasscom
India's agri and water tech deeptech ecosystem is gaining momentum around commercialization as per a statement by Nasscom. These sectors stand at a crucial stage with many startups continuously facing challenges for moving towards scaled deployment. To strengthen these industries, Agri and Water Tech in New Delhi on Friday.
VCs turn the screws; Ex-Paisabazaar CEO’s new bet
Happy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morning Dispatch.
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years
VC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innovative, IP-driven startups over five years, focusing on pre-seed and seed-stage companies. This follows their previous deployment of $30 million across 24 early-stage ventures.
To win the deep-tech race, India needs ‘General Innovation Rules’
India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new 'General Innovation Rules' regime is proposed. This will adopt a portfolio approach for high-risk research. It will redefine public benefit to include private actors. Milestone-based disbursements and multi-year commitments will be key. This aims to boost India's deep-tech R&D race.
Meet Jayshree Ullal: Top-ranked Indian-origin woman on America’s richest self-made list with $6.8 billion net worth
Jayshree Ullal, ranked No. 7 on Forbes' America's Richest Self-Made Women list with a $6.8 billion net worth, has become a pivotal figure in internet-networking infrastructure. Her strategic vision, technical depth, and leadership at Arista Networks, which she transformed from a startup with no revenue into a cloud powerhouse, underscore her remarkable success in the tech industry.
AI coding startup Cursor, courted by SpaceX, picks London as European hub
Elon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools.
India is France’s official partner for VivaTech next week, positioning itself as global leader in AI, digital innovation
VivaTech 2026 in Paris is set to feature India as its Official Partner Country, reflecting the nation's rising influence in the realms of artificial intelligence and digital innovation. Attendees can look forward to insightful presentations on India's technological advancements and public digital infrastructure.
DeepSeek close to sealing $7 billion funding in historic AI deal
Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.
Russia-India business dialogue at SPIEF: Energy, transport, information technology, science & education in focus
Russia and India convened at SPIEF to boost economic ties. Discussions focused on joint projects in energy, transport, IT, science, and education. Ambassadors and ministers highlighted efforts to streamline trade in national currencies and expand the International North-South Transport Corridor. Opportunities in Russia's Far East and Arctic were presented. India's IT minister invited Russian investors to Andhra Pradesh's space sector.
DeepSeek slated to draw $7 billion in maiden fundraising, sources say
The fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and $59 billion.
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup funding
Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could expand to $400 million.
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