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  • Cross-border Payment Platform XFlow Raises $16.6M in Series A Funding

    This article was generated by AI and cites original sources.

    XFlow, a cross-border payment platform, has successfully raised $16.6 million in a Series A funding round, with General Catalyst as the lead investor. This new funding round has placed the company’s valuation at $85 million.

    The investment from General Catalyst signifies confidence in XFlow’s technology and its potential to streamline and simplify international transactions, offering users a seamless and efficient payment experience. This funding will enable XFlow to further develop its technology, expand its market reach, and enhance its service offerings.

    As cross-border transactions continue to increase in volume and complexity, innovative solutions like XFlow play a crucial role in facilitating secure and efficient payments globally. The investment in XFlow highlights the growing importance of technology-driven payment platforms in meeting the evolving needs of businesses and consumers in the digital economy.

    Source: YourStory RSS Feed

  • Livspace Undergoes Leadership Shifts Amid AI Integration

    This article was generated by AI and cites original sources.

    Home décor and interior design company Livspace has experienced significant leadership changes, with the departure of Chief Business Officer Lalit Mittal following the exit of co-founder Saurabh Jain. Mittal, who joined Livspace in 2019, has embarked on an entrepreneurial journey after serving in various roles within the company.

    The recent developments at Livspace coincide with the implementation of advanced AI technology to streamline operations. The company has transitioned tasks previously handled manually to AI agents, showcasing a strategic shift towards automation.

    Founded in 2014, Livspace operates in the home interiors and renovation sector, expanding its footprint in Indian cities and international markets. With funding exceeding $450 million from investors like KKR and Jungle Ventures, Livspace achieved unicorn status in 2022.

    Despite recent layoffs affecting over 1,000 employees, Livspace reported revenue of Rs 1,460 crore for the fiscal year ending in March 2025, marking a 42% reduction in losses. The company’s operations span across India, Southeast Asia, and the Middle East, reflecting its robust presence in diverse markets.

    Source: Entrackr : Latest Posts

  • Reliance’s Ambitious AI Investment to Elevate India’s Tech Prowess

    This article was generated by AI and cites original sources.

    At the India AI Impact Summit 2026 in New Delhi, Mukesh Ambani, Chairman of Reliance Industries, announced a significant investment of Rs 10 lakh crore in artificial intelligence. This initiative aims to propel India towards becoming a global intelligence powerhouse, leveraging the capabilities of AI technology.

    Ambani highlighted the strategic importance of AI in reshaping industries and driving innovation. The substantial investment underscores Reliance’s commitment to advancing India’s technological prowess and fostering a thriving AI ecosystem within the country.

    This ambitious endeavor is poised to revolutionize various sectors, including healthcare, finance, and education, by harnessing the potential of AI-driven solutions. By infusing substantial capital into AI development, Reliance seeks to position India at the forefront of technological advancement and intellectual capital on the global stage.

    With this AI push, India is set to witness a transformative wave of technological evolution, unlocking new opportunities for growth, efficiency, and competitiveness in the digital era.

    Source: YourStory RSS Feed

  • UK Regulates Streaming Services to Align with Broadcast Standards

    This article was generated by AI and cites original sources.

    The UK government has announced that popular streaming services, including Netflix, Amazon Prime Video, and Disney+, will now be required to comply with the same content and accessibility regulations as traditional broadcasters like the BBC. This move aims to ensure that audiences are protected from harmful content and that accessibility services, such as subtitles, are provided across these platforms.

    According to the government, a significant portion of UK households subscribe to at least one major streaming service, highlighting the growing dominance of on-demand content over live TV. With 85% of people utilizing on-demand services monthly, compared to 67% who watch live TV, the need for regulating streaming platforms has become increasingly apparent.

    The regulations will mandate streaming services with over 500,000 users in the UK to uphold new standards, including the accurate and impartial reporting of news and safeguarding audiences against harmful or offensive material. Ofcom, the UK’s communications regulator, will be empowered to investigate and take action in cases where a breach of the code is identified.

    Source: Tech-Economic Times

  • Singapore Semiconductor Startup optoML Secures $1.8 Million Funding

    This article was generated by AI and cites original sources.

    Singapore-based semiconductor startup optoML has successfully raised $1.8 million in funding from Bluehill.VC and A99, subject to regulatory approval. The company has recently achieved a significant milestone by completing the tapeout of its 12 nm wafers in collaboration with TSMC.

    This funding will be used to expand optoML’s workforce and further develop its analog-in-memory compute system-on-chip platform, which features cutting-edge optical interconnects technology. The company’s focus on advancing semiconductor technology underscores its commitment to driving innovation in the industry.

    The strategic utilization of the funds highlights the competitive landscape within the tech industry, where startups play a crucial role in driving technological progress.

    Source: Tech-Economic Times

  • Kris@Work Raises $3 Million in Seed Funding for AI-Powered Go-to-Market Platform

    This article was generated by AI and cites original sources.

    Kris@Work, a Bengaluru-based startup, has successfully raised $3 million in a seed funding round led by Info Edge Ventures. This funding includes contributions from JN Capital & Growth Advisory (Singapore) and angel investors, as reported by Entrackr : Latest Posts.

    Founded by Arun Singh and Ramakrishna Mallya, Kris@Work offers an AI-powered go-to-market (GTM) execution platform tailored for enterprise revenue teams. The company plans to use the raised capital to expand its enterprise clientele, strengthen go-to-market partnerships, and further develop its platform.

    Kris@Work’s platform is designed to enhance revenue team efficiency and provide real-time intelligence for effective operations. By unifying various tools into a single interface, the platform streamlines sales and GTM workflows, reduces task switching, and automates routine processes at scale.

    With a focus on agentic architecture and contextual AI, Kris@Work offers GTM teams a comprehensive platform covering lead identification, deal closure, and account expansion. The company envisions extending this framework to other enterprise functions in the coming years.

    As the enterprise AI landscape evolves, Kris@Work aims to position itself among the new wave of global players reshaping sales, marketing, and customer success operations in an AI-centric environment. This funding round will propel the company towards further innovation and expansion within the competitive AI platform market.

    Source: Entrackr : Latest Posts

  • Canva Expands AI Capabilities with Cavalry and MangoAI Acquisitions

    This article was generated by AI and cites original sources.

    Canva, a prominent graphic design and visual communication platform, has announced the acquisition of UK-based 2D animation software firm Cavalry and the American video ad startup MangoAI. These strategic acquisitions aim to enhance Canva’s AI-driven creation tools and elevate its professional design suite.

    By integrating the technologies of Cavalry and MangoAI, Canva plans to bolster its platform’s capabilities, enabling users to access advanced video editing features and streamlined animation tools. This move underscores Canva’s commitment to empowering users with cutting-edge resources for graphic and visual content creation.

    Through this expansion, Canva is poised to enhance its AI functionalities, further strengthening its position in the graphic design landscape. This development highlights the growing importance of AI-driven solutions in the tech industry.

    Source: Tech-Economic Times

  • Xflow Secures $16.6M to Expand Cross-Border Payment Solutions

    This article was generated by AI and cites original sources.

    Bengaluru-based fintech startup Xflow has secured $16.6 million in a Series A funding round led by General Catalyst. The round also saw participation from existing investors Square Peg, Stripe, Lightspeed, and Moore Capital, as well as a new investment from PayPal Ventures.

    Xflow, co-founded by Anand Balaji, Ashwin Bhatnagar, and Abhijit Chandrasekaran, focuses on streamlining international transactions for SMEs, ITES firms, and startups. The company’s recent achievement of final PA-CB authorization for both exports and imports marks a significant milestone in its growth trajectory.

    The latest funding, which adds to a previous $10.2 million pre-Series A round, will be crucial in expanding Xflow’s geographical reach and enhancing its service offerings. By catering to overseas merchants and payment aggregators with the PA-CB Imports license and fortifying its solutions with the PA-CB Exports license, Xflow aims to further amplify its impact in the cross-border payments landscape.

    Xflow has significantly expanded its user base, now serving nearly 15,000 clients, including SaaS companies, GCCs, and IT service exporters. The company’s international payments infrastructure has benefited fintech entities like Drip Capital and Easebuzz, facilitating transactions across multiple currencies and geographies.

    Xflow’s FX AI Analyst empowers data-driven treasury decisions and enhances foreign exchange outcomes for Indian businesses across 100 countries and over 25 currencies. With a track record of servicing over 10,000 businesses and processing substantial transaction volumes, Xflow continues to strengthen its position as a key player in the cross-border fintech domain.

    Source: Entrackr : Latest Posts

  • ZeroMobit Secures Pre-Seed Funding to Expand AI-Powered Student Mobility Platform

    This article was generated by AI and cites original sources.

    Student mobility startup ZeroMobit has secured Rs 1.5 crore in a pre-seed funding round with JioMart CEO Sandeep Varaganti and Ashok Agrawal among the co-leads. This funding will support the development of its AI-powered technology, operational expansion, and infrastructure growth, the company announced.

    Established in April 2024 by Vijay Ganagam and Alfred Lazarus, ZeroMobit offers a comprehensive student mobility platform integrating logistics, safety, discovery, tracking, and subscription-based services. The startup aims to expand its presence in key educational hubs across India and enhance its services with AI-powered route optimization and compliance automation.

    ZeroMobit is leveraging Edge AI to construct decentralized intelligence layers for real-time safety monitoring, route optimization, and operational robustness. The company plans to strengthen partnerships with campuses, increase fleet capacity, and fortify compliance infrastructure in cities like Hyderabad, Bengaluru, Vijayawada, Visakhapatnam, Chennai, and Mumbai.

    With collaborations spanning over 15 institutions, ZeroMobit operates a compliance-centric student mobility framework. The startup has completed 3.4 lakh student trips encompassing 147 pincodes in Hyderabad and is actively onboarding more institutions in the city. ZeroMobit’s fleet network comprises over 3,000 vehicles with comprehensive compliance measures.

    Source: Entrackr : Latest Posts

  • Strengthening India’s Digital Future: The Crucial Role of Resilient Subsea Networks

    This article was generated by AI and cites original sources.

    TRAI Chairman Anil Kumar Lahoti emphasized the critical importance of resilient subsea networks in supporting India’s AI and digital ambitions. Lahoti highlighted the need for technical innovation, operational resilience, and robust policy solutions to address the challenges faced by submarine cable systems, which form the backbone of the digital economy.

    Measures such as improved route planning, real-time monitoring, and redundant routes can help mitigate physical damage and outages. Lahoti stressed the necessity for international cooperation and strong regulatory frameworks to bolster the security and resilience of subsea networks, which are vulnerable to natural disasters, geopolitical tensions, and increasing data demand.

    Lahoti also underlined the importance of implementing robust cybersecurity measures and continuous threat monitoring to safeguard cloud infrastructure, which faces various challenges like data security threats, privacy issues, and operational costs.

    Future strategies for digital infrastructure will focus on private sector investments, AI-driven network optimization, edge cloud convergence, and sustainability goals. Maintaining a reliable, secure, and resilient global digital infrastructure requires a holistic approach encompassing technical, operational, and policy solutions.

    Source: mint – technology