While advancements in AI are remarkable, their true value lies in being harnessed to develop practical solutions that boost organisational efficiency. This is precisely what Salesforce has been achieving. By acting as a catalyst for AI adoption, Salesforce is empowering startups to innovate and build cutting-edge AI solutions, driving business growth and innovation. The third … Read more
Independent content creators who have seen a spike in their earnings are flocking to financial advisers, wealth managers and chartered accountants (CAs) to avoid tax troubles and plan investments in everything from financial instruments and real estate to startups. “The broad theme that we have learned while working on content creators’ portfolios is that the … Read more
New Delhi: Sarvam and Adya.ai are two of India’s newest startups targeting the red-hot generative artificial intelligence market, but they are also among a new breed of ventures looking beyond large language models like ChatGPT. The reason: industry-specific applications are easier to monetise and help avoid competition with AI giants. For Sarvam, seeking to be … Read more
The government will enable pooled private equity fund structures through VCCs, a system popular in tax-friendly jurisdictions such as Singapore and Mauritius. Mint explores the details of VCCs and how they are likely to be attractive to overseas investors. What are variable capital companies? Unlike typical funds where investors share risks and rewards uniformly, a … Read more
As India marches closer to the status of a $4 trillion economy and the world’s fourth largest, a crucial question emerges: how do we equip ourselves for the road ahead? For India to wear the crown of a developed nation, we require 10x growth targeting the $40 trillion mark. It is not just growth, but … Read more
In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In India, Google works … Read more
On the one hand, the government aims to use the platform to “democratise” AI by not allowing any single entity to dictate terms while providing AI-as-a-service to its citizens, institutions and companies to build products that will help society in areas such as agriculture, healthcare, and education. On the other hand, the India AI stack … Read more
What if artificial intelligence (AI) could fluently communicate in every Indian language? At the Mint Digital Innovation Summit 2024, being held in Mumbai, Pranav Mistry, founder and CEO of Two Platforms Inc., shared his vision for India to become a leader in AI for non-English markets. Mistry emphasized that by developing new multilingual models, which … Read more
The interim budget has proposed a one-year extension of the timeline for startups, sovereign funds and certain businesses in Gujarat International Finance Tec-City (GIFT-City) to claim tax breaks. However, a similar extension has not been given to new manufacturing companies. “Certain tax benefits to startups and investments made by sovereign wealth or pension funds as … Read more
The ₹1 trillion innovation fund announced by finance minister Nirmala Sitharaman in the interim budget on Thursday is expected to give a big boost to local technology development and manufacturing, and help India move beyond providing high-tech services towards development of products, experts said. In her interim budget speech on Thursday, Sitharaman said the fund … Read more