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Artificial Intelligence Task Force For New India

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Smt. Nirmala Sitharaman, the Minister of Commerce and Industry has constituted a task force on artificial intelligence for India’s Economic Transformation. The task force will be chaired by V. Kamakoti of IIT Madras, a professor in the Department of Computer Science and Engineering.

The task force will explore possibilities to leverage artificial intelligence for development across various fields. The power of big data, high computing capacity, artificial intelligence and analytics will be used to prepare for industrial revolution 4.0 and digitize the manufacturing sector. In a press release, the minister said with rapid development in the fields of information technology and hardware, the world is about to witness a fourth industrial revolution.

The 18 member panel will comprise of experts, academics, researchers, industry leaders and more members from various government departments and private companies such as HCL Technology and Tata Consultancy Services. Official participation from NITI Aayog, Ministry of Electronics and Information Technology, Department of Science & Technology, UIDAI and DRDO will also be requested in addition to the regular members.

The Mint reported the task force will submit their first concrete and implementable recommendations for government, industry and research institutions within four months, according to Kamakoti. The committee will focus on agriculture, transportation and other wide spectra of areas including the types of tools, interoperability, standardization and skill sets needed for artificial intelligence and machine learning.

As per the official press release, the task force will include the following members
1.  Dr. V. Kamakoti, IIT Madras, Chairperson
2.  Mr. Anuj Kapuria, High Tech RoboticSystemz Ltd., Member
3.  Dr. Anurag Agarwal, Institute of Genomics & Integrative Biology, CSIR, Member
4.  Dr. Ashish Dutta, IIT Kanpur Member
5.  Ms. Ashwini Asokan, Mad Street Den, Chennai, Member
6.  Mr. Gautam Shroff, Vice President & Chief Scientist, TCS Innovation Labs, Tata Consultancy Services, Gurgaon, Member
7.  Mr. G. H. Rao, HCL Technology, Member
8.  Mr. G. Madhusudan, IIT Madras, Member
9.  Mr. G. V. N. Apparao, Ex Chief Technology Officer (CTO), Cognizant, Member
10. Ms. Komal Sharma Talwar, Founder, XLPAT Member
11.  Mr. Kunal Nandwani, Founder &  CEO, uTrade Solutions, Member
12.  Dr. Shantanu Chaudhary, IIT Delhi, Department of Electrical Engineering, Member
13.  Mr. Vijay Kumar Sankarapu, Founder & CEO, Arya.in, Member
14.  Mr. Ajay Kumar, Additional Secretary, Ministry of Electronics & IT, Member
15.  Mr. Amandeep Gill, Ambassador/PR to CD, Geneva, Member
16.  Mr. K. Nagaraj Naidu, Joint Secretary (ITPO), Department of Economic Affairs, Ministry of Finance, Member
17.  Dr. Aloke Mukherjee, DRDO, Member
18.  Mr. Ravinder, Joint Secretary, DIPP, Ministry of Commerce & Industry, Convenor

The commerce minister’s official Twitter account also tweeted about the task force

 

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Deep-Tech Startup EndureAir Raises INR 25 Crore from IAN Alpha Fund to Boost Drone Innovation

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EndureAir, a deep-tech drone startup specializing in UAV (Unmanned Aerial Vehicles) and aerial robotics solutions, has successfully raised INR 25 crore in a funding round led by IAN Alpha Fund, with participation from IAN Angel Fund. The fresh capital infusion will enable EndureAir to enhance its advanced drone technologies for defense applications, broaden its reach in enterprise markets, and accelerate the development of next-generation high-altitude logistics and aerial robotics platforms.

Founded in 2018 by Dr. Abhishek, a professor of Aerospace Engineering at IIT Kanpur, along with his former students Rama Krishna and Chirag Jain, EndureAir stands out in India’s indigenous UAV sector by developing both hardware and software in-house. Backed by over 15 years of rotorcraft research and holding eight patents in flight dynamics and autonomous systems, the company has rapidly established itself as a pioneer in the deep-tech drone ecosystem.

EndureAir’s flagship drone platforms, including the Sabal heavy-lift UAV family inducted by the Indian Army’s Eastern Command and the Vibhram drone supporting Telangana’s Medicine from the Sky program, are deployed in critical operations. The startup also collaborates with Bharat Electronics Limited for co-developing high-altitude drones and works with Bhutan’s Druk Holding & Investments on remote logistics missions. With this funding, EndureAir aims to position India as a global leader in UAV innovation, advancing resilient domestic drone systems for defense and enterprise applications.

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Venture Catalysts Raises Rs 150 Crore to Boost Multi-Stage VC Platform and AI Capabilities

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Venture Catalysts, a leading Mumbai-based venture capital platform, has secured Rs 150 crore (around $18 million) through a strategic mix of primary and secondary transactions. This fresh round of funding resulted in a company valuation of approximately $200 million and drew participation from high-profile investors such as Ashish Kacholia, the Shah Rukh Khan family office, Aishwarya Rai, as well as several established capital market veterans and renowned business houses. The move not only demonstrates strong investor confidence but also positions Venture Catalysts at the forefront of India’s rapidly evolving startup landscape.

The infusion of capital is earmarked to accelerate key initiatives, including expanding Venture Catalysts’ leadership team, launching new investment funds, and exploring advanced technology solutions with an emphasis on AI-enabled due diligence and reporting tools. Additionally, the firm aims to strengthen its footprint across major Indian startup hubs and grow its suite of Category II alternative investment funds, harnessing this growth to support a new wave of promising startups and founders within the ecosystem.

Since its inception in 2016, Venture Catalysts has evolved from an angel network to a multi-fund powerhouse, managing over $500 million in assets and deploying nearly $200 million across more than 400 startups, including industry leaders like BharatPe, Renee Cosmetics, and InsuranceDekho. This latest funding round reinforces Venture Catalysts’ pivotal role in nurturing and scaling some of India’s most innovative startups, catalyzing growth throughout the country’s thriving entrepreneurial sector.

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U.S. AI Startup Anthropic Expands Global Ban to Tackle Chinese Tech Influence

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U.S. AI leader Anthropic has expanded its restrictions on Chinese entities, taking a firm stance against access to its advanced AI models—including the renowned Claude chatbot—by any company or subsidiary more than 50% owned, directly or indirectly, by Chinese organizations. This updated AI policy is designed to block loopholes that previously allowed access to powerful AI tools via overseas affiliates, joint ventures, or cloud providers, reinforcing Anthropic’s commitment to responsible technology governance and the protection of sensitive data.

Driven by rising national security and regulatory concerns, Anthropic’s move highlights potential risks involving companies subject to Chinese jurisdiction, which could be compelled to cooperate with state intelligence and share critical information. The sweeping policy marks the first public, formal ban by a major U.S. AI company based on entity ownership and control, rather than only geographic boundaries, ultimately intensifying scrutiny on AI exports and global tech supply chains.

While the immediate business impact is expected to be modest, experts consider this a landmark decision that may set industry-wide precedents, prompting other U.S. tech giants to reevaluate their own AI export and usage policies. This development not only heightens the U.S.–China tech rivalry but also shapes the future landscape of AI governance, data security, and international compliance in a rapidly evolving digital world.

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