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  • Gabify Secures $175K in Pre-Seed Funding for AI-Powered Neurodevelopmental Care Platform

    This article was generated by AI and cites original sources.

    Gabify, a healthtech startup focused on neurodevelopmental care, has raised $175,000 in a pre-seed funding round led by Inflection Point Ventures. The company, founded in 2023 by Sahil Chopra, Prachi Sood, and Vasyl Leshchuk, plans to use the funds for clinical validation, technology advancements, and team expansion.

    Gabify’s platform aims to provide early screening and therapy management for speech and neurodevelopmental disorders like autism and ADHD. The platform leverages a dual AI system that combines voice and vision analysis to assess speech patterns, facial expressions, and behavioral indicators based on clinically validated parameters.

    The startup’s technology follows a human-in-the-loop approach for clinical validation and has already been deployed across more than 35 preschools and daycare centers, as well as utilized in schools, hospitals, and clinics.

    The funding, including Rs 25 lakh from the Nidhi Seed Support Scheme, will help Gabify expand its reach through various models, with a target impact across one million children by 2028. Gabify’s recognition among the top 10 startups under DreamDeal and its participation in Inflection Point Ventures’ IdeaSchool program highlight its potential in the healthtech sector.

    Source: Entrackr : Latest Posts

  • Eternal Limited Grants Rs 167 Crore in Employee Stock Options

    This article was generated by AI and cites original sources.

    Eternal Limited, a startup, has announced the distribution of new Employee Stock Ownership Plan (ESOP) grants amounting to Rs 167 crore. This move aligns with the company’s strategy of providing equity-linked compensation to its workforce, demonstrating a commitment to incentivizing employees through ownership stakes.

    ESOP grants are a common practice in the tech industry, allowing employees to own a part of the company they work for. By offering ESOPs, Eternal Limited aims to motivate its employees, fostering a sense of ownership and aligning their interests with the company’s long-term success.

    This allocation of ESOP grants underscores Eternal Limited’s dedication to rewarding and retaining talent within the organization. It serves as a financial incentive for employees and acts as a mechanism to attract top tech professionals who value participation in the company’s growth.

    ESOP grants can be a powerful tool for startups and tech companies to attract, retain, and incentivize employees, contributing to a positive work culture and employee engagement. By implementing this initiative, Eternal Limited showcases its commitment to nurturing a motivated and dedicated workforce.

    Source: YourStory RSS Feed

  • SqaaS Unveils ShellBot: Personalized AI Assistants for Everyday Use

    This article was generated by AI and cites original sources.

    Indian travel tech company ixigo-backed AI startup SqaaS has launched a new platform called ShellBot, allowing users to create their own personal AI assistants that operate around the clock.

    The launch reflects ixigo’s increased focus on AI investments following its acquisition of a 45.02% stake in SqaaS, a Spain-based company, in February 2026.

    ShellBot represents SqaaS’s vision of a future where AI agents transition from assistants to independent systems integrated into daily workflows. This aligns with the growing demand for platforms that offer a seamless blend of usability, security, and autonomy, potentially reshaping the adoption of AI from experimental to mainstream infrastructure.

    ShellBot offers subscription plans starting at $29 per month, with a Pro plan priced at $59 per month.

    Established in 2023, SqaaS is an early-stage AI technology firm in Spain. ixigo’s partnership with SqaaS aims to enhance the former’s AI capabilities and accelerate the development of intelligent travel automation tools, in line with its European expansion strategy.

    Leveraging SqaaS’s expertise, ixigo integrates its platforms – ixigo, ConfirmTkt, and AbhiBus – to provide advanced tech-driven travel solutions and benefit from Trenes’ local market knowledge in Spain.

    Source: Entrackr : Latest Posts

  • Anthropic Shifts Focus to Combat Extremism Amid AI Safety Concerns

    This article was generated by AI and cites original sources.

    Anthropic, a crisis contractor for OpenAI, is shifting its focus towards combating extremism. This strategic move aims to address the growing safety concerns surrounding the misuse of AI technologies, as an increasing number of lawsuits accuse AI companies of facilitating violence rather than preventing it.

    By aligning its efforts with combating extremism, Anthropic seeks to enhance the responsible deployment of AI systems and contribute to a safer technological landscape. This transition reflects the evolving landscape of AI ethics and the growing emphasis on accountability within the tech industry.

    Source: Tech-Economic Times

  • Coronation Fund Managers Increases Stake in ixigo’s Parent Company: Implications for Tech Investors

    This article was generated by AI and cites original sources.

    Coronation Fund Managers, a South African-based firm, has increased its ownership in Le Travenues Technology, the parent company of popular travel platform ixigo, through an open market transaction. The firm acquired 475,000 equity shares on March 30, 2026, raising its stake from 6.90% to 7.01%. This marks the second recent increase, following a rise to around 5% in February 2026. The move did not impact the overall share capital of 43.81 crore shares.

    Coronation Fund Managers, acting as a discretionary fund manager, manages funds for global investors. The company’s revenue surged to Rs 317 crore in Q3 FY26, up from Rs 242 crore in Q3 FY25, with a 55% profit increase to Rs 24 crore during the same period. ixigo’s shares are currently trading at Rs 165.02, resulting in a market capitalization of approximately $797 million.

    Source: Entrackr : Latest Posts

  • Singapore Charges Individual in AI Chip Fraud Case Linked to Dell Technologies

    This article was generated by AI and cites original sources.

    Singapore authorities have charged Jenny Lim in connection with a fraud case involving false representations made to U.S. server supplier Dell Technologies. Lim is accused of conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie to mislead Dell regarding the end-user of servers purchased from the company. This development follows previous charges against the two individuals in February last year for similar offenses.

    The servers in question were suspected to contain Nvidia chips, with investigations revealing that these servers, supplied by Dell and Super Micro Computer to Singapore-based companies, were eventually sent to Malaysia. The case raises concerns as the United States restricted the export of high-end Nvidia chips to China in 2022 over military use apprehensions, later allowing sales under specific conditions.

    In recent financial disclosures, Singapore emerged as Nvidia’s second-largest market after the United States in 2024, accounting for a significant portion of the chipmaker’s revenue. However, Singapore clarified that only a minimal percentage of Nvidia’s chips were physically deployed in the country’s data centers. The situation underscores the complexities of global chip supply chains and export regulations.

    Meanwhile, separate charges in the U.S. implicated individuals associated with Super Micro, alleging involvement in the illegal transfer of over $2.5 billion worth of U.S. AI technology to China, violating export laws.

    Source: Tech-Economic Times

  • ChatGPT Integrates Shutterstock Content to Enhance AI Workflows

    This article was generated by AI and cites original sources.

    ChatGPT users now have seamless access to Shutterstock’s wide array of images, videos, and sound files directly within the AI platform. This integration streamlines the process for users to incorporate licensed media resources into their AI-native workflows.

    By simply entering a prompt, users can retrieve specific images and explore content from the Shutterstock app without leaving the ChatGPT environment. This collaboration enhances the creativity and visual appeal of AI-generated content and simplifies the search for relevant media assets.

    ChatGPT users can now access professional-grade visuals and audio elements sourced directly from Shutterstock’s extensive library, providing a convenient way to enhance their projects.

    Source: Tech-Economic Times

  • ELMED Life Sciences Secures $2.7 Million in Series A Funding to Advance Microbiome-Based Solutions

    This article was generated by AI and cites original sources.

    Biotech startup ELMED Life Sciences has successfully raised $2.7 million in its Series A funding round, with AgriSURE Fund, managed by NABVENTURES, as the lead investor. This funding will support the company’s efforts to enhance its manufacturing capabilities, boost research and development initiatives, and expand its distribution networks both locally and globally.

    ELMED Life Sciences, founded by Pruthivin Reddy Madduri and co-founded by Nikhil Konkathi, specializes in developing probiotic and biological solutions for the animal health, agriculture, aquaculture, and human health sectors. Their product portfolio aims to enhance productivity and sustainability in poultry, dairy, livestock, aquaculture, and soil health domains through innovative microbiome-based offerings.

    The company’s strategic plan includes scaling up manufacturing operations in Hyderabad, reinforcing market presence in tier 2 and tier 3 regions, and bolstering international outreach to meet the rising demand for antibiotic-free and sustainable solutions globally. Currently exporting to more than 18 countries, ELMED Life Sciences operates on a business-to-business model, serving a diverse range of enterprise clients across various industries.

    Source: Entrackr : Latest Posts

  • Oracle Streamlines Operations, Cutting 20% of India Workforce Amid Fintech IPO Delays

    This article was generated by AI and cites original sources.

    Oracle, a global tech company, has implemented a strategic shift towards AI, resulting in 10,000 job cuts in India, which accounts for 20% of its local staff. This move reflects the broader impact of geopolitical uncertainties on the tech sector, as fintech companies facing market volatility have been forced to recalibrate their IPO plans.

    Investors like Accel’s growth fund, Bessemer Venture Partners, and Susquehanna International Group have been actively involved in funding rounds, with Sahi, a prominent player, eyeing an $80 million investment. This potential investment could substantially increase Sahi’s valuation to approximately $250 million, showcasing the ongoing financial activities within the tech ecosystem.

    Amidst these developments, discussions of acquisitions, such as Dhan’s potential acquisition of Infinyte Club, illustrate the dynamic nature of the tech market and the strategic maneuvers companies undertake to strengthen their positions.

    Source: Tech-Economic Times

  • Dream Sports Diversifies Beyond Real-Money Gaming with Fintech and Sports Tech Innovations

    This article was generated by AI and cites original sources.

    Dream Sports, known for its Dream 11 platform, has strategically pivoted its focus following the government’s abrupt dismantling of the real-money gaming (RMG) sector. Rather than engaging in legal battles, the company is leveraging its user base to explore fintech and sports tech domains.

    After the RMG ban, Dream Sports took measures to conserve cash and reduce operational expenses. This included exiting a major Indian cricket sponsorship, pausing high-cost marketing activities, and discontinuing FanCode’s merchandise line. The company then devised a comprehensive plan to re-engage with users across multiple verticals.

    A notable move by Dream Sports involves venturing into financial services. Through the introduction of the wealthtech platform Dream Money and the AI-powered brokerage platform DreamStreet, the company aims to cater to small-town investors who are currently underserved.

    Simultaneously, Dream Sports is reimagining its RMG platform as an ad-supported, second-screen social network. Early indicators show promise, with 10 million users and increased creator engagement, though the monetization strategy is still in its infancy.

    To support its diversification efforts, Dream Sports has restructured its organization by decentralizing its corporate setup. Key leaders have transitioned into CEOs of distinct verticals, enabling quicker decision-making and risk mitigation within each segment.

    As Dream Sports navigates these transformations, the company faces the challenge of harmonizing its diverse business arms while addressing impending regulatory and tax complexities. The success of its transition to a fintech-centric entity remains to be seen, hinging on how well it manages these multifaceted initiatives.

    Source: Inc42 Media