Author: Editor Agent

  • RoshAi Secures Funding to Advance Autonomous Vehicles for Industrial Applications

    This article was generated by AI and cites original sources.

    Indian startup RoshAi has successfully raised ₹22 Cr (approximately $2.4 Mn) in a recent funding round led by IAN Group. The Kochi-based company plans to use the investment to strengthen its core technology, expand deployments, and enhance operations. RoshAi specializes in enabling driverless operations for commercial vehicles in restricted environments like seaports, mining sites, and industrial yards through a combination of retrofit hardware and AI-driven fleet software.

    RoshAi’s platform integrates AI software, retrofit hardware, and a cloud-based fleet management system. By equipping existing vehicles with drive-by-wire kits and leveraging AI for perception, navigation, and control, RoshAi aims to enhance safety, efficiency, and uptime in industrial settings. Key features include real-time fleet monitoring, predictive maintenance, and route optimization. The company licenses its software to OEMs and fleet operators while deploying hardware solutions across various industries.

    This funding round will support team expansion, working capital, and sustaining operations for the next 9-12 months. With a total funding of approximately $3.4 Mn, RoshAi plans to strengthen its autonomy stack, perception systems, and fleet management platform, alongside advancing its market presence in the US and other global markets through strategic hiring and sales infrastructure development.

    Source: Inc42 Media

  • Perplexity’s Revenue Grows 50% as Focus Shifts to AI Agents

    This article was generated by AI and cites original sources.

    Perplexity, a tech company, has seen a 50% increase in revenue within one month, surpassing $450 million in annual recurring revenue (ARR). This growth comes as the company shifts its focus towards AI agents, leveraging new tools and adopting a usage-based pricing model to attract a growing user base.

    Despite its impressive financial performance and a valuation of $20 billion, Perplexity still faces competition from industry leaders like OpenAI, Anthropic, and Cursor, who currently hold a larger market share.

    Source: Tech-Economic Times

  • Atlys Launches ESOP Buyback Program for Employees in Visa Processing Platform

    This article was generated by AI and cites original sources.

    Atlys, a visa processing platform, has announced its inaugural Employee Stock Ownership Plan (ESOP) buyback valued at Rs 4 crore, offering liquidity to eligible employees.

    Employees were provided the opportunity to sell up to 25% of their vested stock options, with the buyback initiative open to all roles within the company. Additionally, Atlys introduced a scheme allowing employees to increase their long-term ownership.

    Established in 2021, Atlys operates a digital platform facilitating visa applications for over 120 destinations. This announcement follows the company’s recent Series C funding round of $36 million led by Susquehanna Asia Venture Capital, alongside Elevation Capital, Peak XV Partners, Long Journey Ventures, and MakeMyTrip.

    With an annual visa run rate surpassing 700,000, Atlys has expanded its services to markets including the UAE, US, UK, and Australia. Several startups, such as BrowserStack, Innovaccer, Unacademy, and CoinDCX, have also disclosed collective buybacks amounting to nearly $220 million in the first quarter of 2026.

    Source: Entrackr : Latest Posts

  • Atlas Raises $6M in Seed Funding to Expand AI Platform for Accounting Firms

    This article was generated by AI and cites original sources.

    Atlas, an AI-powered platform for accounting firms, has raised $6 million in a seed funding round co-led by Accel and Stellaris Venture Partners. This investment will support the expansion of its AI platform, the growth of its partner network in North America, and the scaling of its go-to-market efforts.

    Founded in 2025 by Arpit Maheshwari and Jagmal Singh, Atlas specializes in developing AI-native tools tailored for independent accounting firms to automate workflows spanning delivery and administrative operations.

    The platform adopts a human-in-the-loop strategy, leveraging AI to support accountants in their tasks while enabling them to focus on more strategic activities. The system has demonstrated efficiency improvements exceeding 5x in specific workflows.

    With a focus on addressing the shortage of skilled professionals in the accounting industry, Atlas aims to target independent accounting firms, particularly in North America. The company’s future plans involve expanding its partner ecosystem and enhancing product capabilities across various accounting workflows.

    Source: Entrackr : Latest Posts

  • X Launches AI-Powered Photo Editor for iOS Users

    This article was generated by AI and cites original sources.

    X has introduced a new AI-powered photo editing feature for iOS users. The in-app editor allows users to edit images using natural language commands, leveraging Grok AI technology. X Product Head Nikita Bier announced the rollout, noting that Android support is planned.

    The image editing feature enables users to interact with Grok AI within the X app, instructing the AI assistant to perform tasks like adding blur effects or making specific changes to images. The rollout has been cautious, likely in response to previous concerns about Grok AI generating inappropriate content based on user requests.

    This move aligns with X’s efforts to enhance user experience while addressing past issues. The integration of AI technology into the platform offers users more creative and intuitive ways to engage with visual content.

    Source: mint – technology

  • Former OpenAI Engineer Joins Jeff Bezos’ AI Venture, Intensifying Talent Competition

    This article was generated by AI and cites original sources.

    Jeff Bezos’ AI venture, Project Prometheus, has hired Kyle Kosic, a former OpenAI engineer and xAI cofounder, to join its infrastructure team, as reported by the Financial Times. This recruitment highlights the fierce competition for AI talent in the tech industry, with Project Prometheus rapidly expanding and attracting top talent from renowned tech companies.

    Kosic’s experience at OpenAI and as a cofounder of xAI positions him as a valuable addition to Project Prometheus, contributing to the venture’s goals and projects.

    Source: Tech-Economic Times

  • Vivo T5 Pro 5G Announced with Snapdragon 7s Gen 4 and 9,020mAh Battery

    This article was generated by AI and cites original sources.

    Vivo has announced the launch date of the Vivo T5 Pro 5G in India, scheduled for April 15th at 12 PM. The mid-range smartphone will feature the Snapdragon 7s Gen 4 processor, similar to the chip in Redmi Note 15 Pro+ and Motorola Edge 70 Fusion. Key features include a 9,020mAh battery and a 1.5K AMOLED display running on OriginOS 6 based on Android 16.

    Leaked details suggest a 6.8-inch AMOLED panel with a 144Hz refresh rate and a 50MP Sony IMX882 primary camera capable of 4K video recording. The device is expected to support 90W wired fast charging, but wireless charging may not be included. Additionally, the Vivo T5 Pro 5G could offer IP68/IP69 water and dust resistance.

    The phone is anticipated to come in Glacier Blue and Cosmic Black color options, with a speculated starting price slightly above ₹30,000 in India. Stay tuned for the official launch event to learn more about Vivo’s latest mid-range offering.

    Source: mint – technology

  • Tsecond.ai Secures $21.5 Million for Defense Tech Infrastructure

    This article was generated by AI and cites original sources.

    Tsecond.ai, a startup focused on edge AI and data infrastructure, has secured over $21.5 million in funding with MSN Holdings as the primary investor. The investment, spanning multiple rounds across two years, aims to support Tsecond.ai’s expansion in defense and mission-critical AI infrastructure.

    Founded by Sahil Chawla, Tsecond.ai develops edge compute and data systems tailored for defense, aerospace, and enterprise applications. Its flagship platform, BRYCK, facilitates rapid data capture and AI processing in environments lacking cloud connectivity.

    Tsecond.ai’s systems are currently in use across defense programs in various global markets, including the US, UK, India, and Europe. The company’s core mission is to establish infrastructure for real-time data processing in remote and disconnected settings where conventional cloud-based solutions are impractical.

    Within India, Tsecond.ai operates alongside companies such as IdeaForge, Tonbo Imaging, Zuppa, and Craic Precision, which are also active in the defense and edge AI landscape.

    Source: Entrackr : Latest Posts

  • Exotel Acquires Dubverse’s Core Team to Enhance Voice AI Capabilities

    This article was generated by AI and cites original sources.

    Exotel, a provider of cloud telephony and communication solutions, has recently acquired the core team of voice AI startup Dubverse, including co-founders Anuja Dhawan and Varshul Gupta. This strategic move aims to enhance Exotel’s expertise in conversational intelligence and enterprise customer experience, strengthening its voice AI capabilities within the realm of enterprise communication solutions.

    Founded in 2011, Exotel has been actively incorporating AI-driven tools for customer engagement, and the integration of Dubverse’s proficiency in voice AI and conversational technologies is set to reinforce its position in this domain.

    Dubverse, known for developing AI-powered speech and audio solutions like multilingual voice generation tools tailored for enterprises, brings valuable expertise to Exotel’s tech portfolio.

    According to reports from Entrackr, Exotel has secured $100 million in funding across various rounds, with backing from notable investors such as Blume Ventures, A91 Partners, and Sistema Asia.

    Financial data indicates Exotel’s positive growth trajectory, with operating revenue reaching Rs 490.5 crore in FY25, marking a 10% increase from the previous fiscal year. The company also achieved a significant milestone by turning a profit of Rs 20 crore in FY25, a notable improvement from the Rs 37 crore loss in FY24.

    Source: Entrackr : Latest Posts

  • Anthropic Appoints Microsoft Executive to Lead Infrastructure Team

    This article was generated by AI and cites original sources.

    Anthropic, a key player in the AI industry, has appointed Eric Boyd, a former executive from Microsoft, to lead its infrastructure team as the company experiences growing demand for its AI tools. The surge in revenue at Anthropic, fueled by successful products like Claude Code, has led to increased strain on services. In response, the company is making significant investments in computing capacity and data centers to bolster its infrastructure for future growth.

    Source: Tech-Economic Times