Latest News
NVIDIA CEO Jensen Huang Calls on India to Lead AI Revolution, Not Just Export Software!
During a conversation with Tech Today’s Aayush Ailawadi, NVIDIA CEO Jensen Huang emphasized India’s potential to become a leader in the AI revolution, urging the country not to repeat history by becoming just a back office for AI development. Huang stressed that India, which played a key role in the IT revolution, should now focus on manufacturing intelligence locally rather than exporting software and talent abroad.
Insights from the Discussion
Ailawadi asked Huang how India could avoid the pitfall of becoming an outsourcing hub for AI, similar to its role during the IT boom. In response, Huang highlighted India’s unique position, saying:
“That’s exactly why we’re here. My discussion with Prime Minister Modi focused on this. Why export software and labor while the real development happens elsewhere? India has the data, infrastructure, and energy to build AI solutions domestically and export intelligence globally.”
Opportunities for Local Development
Huang pointed out that with AI models like LLaMA 3, which use open-source technology, India could create its own digital intelligence tailored to local needs. He also noted the opportunity to leverage India’s global diaspora by developing technology that serves cultural preferences.
“Millions of Indians worldwide want content in Hindi or other regional languages. That intelligence should be developed in India and shared globally.”
Strategic Collaborations
NVIDIA’s collaborations with Indian tech companies reflect a strategic shift towards positioning India as a global hub for AI development, moving away from its traditional role as a service provider to becoming a producer of AI-driven solutions.
Importance of Infrastructure
Huang emphasized that India’s existing data infrastructure and technological capabilities provide a solid foundation for developing advanced AI solutions. He believes that fostering local talent and innovation will be crucial for realizing this vision.
The Role of Government Support
The conversation also touched on the importance of government policies in promoting AI research and development. Huang urged Indian policymakers to create an environment conducive to innovation, including support for startups and investment in education focused on AI technologies.
Future Prospects
As India continues to invest in its digital infrastructure and talent pool, Huang’s call for local development could lead to significant advancements in AI capabilities within the country. By focusing on building indigenous solutions, India can not only enhance its technological landscape but also establish itself as a key player in the global AI market.
Conclusion
Jensen Huang’s insights underscore the potential for India to take a leadership role in the AI revolution by prioritizing local development over outsourcing. As Indian companies and government bodies collaborate to harness the power of AI, the nation stands poised to transform its technological landscape and contribute meaningfully to global advancements in artificial intelligence.
This proactive approach could ultimately position India at the forefront of innovation, enabling it to shape the future of AI while meeting both domestic and international demands for intelligent solutions.
Latest News
₹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.
Latest News
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.
Latest News
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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