India’s massive AI opportunity; Women entrepreneurs in this year’s Mann Ki Baat

What happened

Meanwhile AI company RapidCanvas has raised $29 million in Series B (an early stage of company funding) funding led by Vertex Ventures SEA & India. Unlike previous digital revolutions (internet and smartphones) that democratised access, AI is democratising intelligence itself, raising overall productivity across sectors.

Dear Reader, The high-stakes game for India’s satellite internet is on. Reliance Industries has officially responded to Elon Musk’s sharp critiques of India’s satellite communications landscape.

Setting "the facts on record," Reliance directly addressed Musk's push for open competition. The round also saw participation from Hitachi Ventures and existing investors, including Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures.