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Dentsu Aegis Network Acquires Digital Media Network Company, SVG Media
Dentsu Aegis Network Acquires Digital Media Network Company, SVG Media
Global digital marketing communications company, London-headquartered Dentsu Aegis has acquired Gurgaon-based SVG Media, which is one of the largest independent digital agencies in India owned by Smile Group.
SVG Media is currently operating several businesses including mobile and digital advertising, in-app video platform and data targeting through its units like Seventynine, Tyroo, DGM, and Komli.
While the transaction terms have not been disclosed yet, Dentsu is said to have paid $110 -$125 million to acquire SVG Media from the Smile Group. This Gurgaon-based company has reported a revenue of Rs.200 crore and profit before tax of about Rs.14 crore in the financial year ended March 2016.
The spokesperson from SVG Media confirmed the reports, however, declined to provide details, citing confidentiality. Dentsu too did not provide much information regarding this deal. SVG Media will become a part of Dentsu’s Asia Pacific digital marketing agency Columbus and thus will be renamed as SVG Columbus.
Post acquisition, Harish Bahl and Manish Vij, the founder and co-founder of the Smile Group will exit as Directors of SVG Media.
This marks the third largest strategic acquisition in the Indian market. It was in September last year when Global payment service provider PayU acquired Mumbai-based payments technology company Citrus Pay for $130 million. And also in October, travel operator, MakeMyTrip acquired smaller rival ibibo group, making itself India’s largest online travel company worth $1.8 billion.
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OpenAI’s Trusted Contact Feature Signals a New Direction in AI Safety
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
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₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
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Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

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