Indian tech startups like Snabbit and Urban Company are digitizing the informal domestic services sector, offering workers better pay, flexible hours, and online bookings, while providing instant services for customers. However, labor advocates raise concerns about job security and potential exploitation in this app-based model.
Sparrow Capital has closed its third fund at Rs 475 crore, aiming to invest $1-2 million in 25-30 startups over three years. The fund's LP base has shifted towards institutional investors, including global endowments and family offices, marking a change from its earlier non-institutional focus.
PM Modi and French President Macron jointly inaugurated the Bharat Innovates 2026 conclave in Nice, France. The event aims to deepen cooperation in technology and innovation, bringing together startups, investors, and institutions from India and France.
PM Narendra Modi and French President Emmanuel Macron jointly inaugurated the Bharat Innovates 2026 conclave in Nice, France. The event aims to deepen cooperation in technology and innovation, connecting Indian startups with global investors and researchers.
Japan's MUFG is launching a $250 million fund for Indian startups, primarily in fintech, to fill a gap left by slowing investor activity. The fund, led by Mayank Shiromani, could expand to $400 million and aims to capitalize on India's digital growth and corrected valuations.
Indian startups Humyn AI, FPV Labs, Neo Cambrian and Objectways are collecting egocentric (first-person view) video data to train robotics systems. Workers in factories wear GoPro cameras recording tasks like assembling components. Leading robotics labs need 100 million to 1 billion hours of such data in the next 2-3 years, with each single robot task requiring 100,000 to 1 million hours of training data.
