This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestones pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Groups CaratLane deal where Titan bought out the founders (Mithun Sacheti) stake last year.
Bluestone Unicorn: This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestone’s pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Group’s CaratLane deal where Titan bought out the founder’s (Mithun Sacheti) stake last year.
Not satisfied with fine-tuning foundational LLM models built by the likes of Google and OpenAI, Silicon Valley-based startup Two Platforms has released a foundational multilingual LLM called Sutra, and a beta version of a multilingual LLM-based chatbot called Geniya for the India market
Investor appetite for AI startups in India is growing as fund managers chase companies like Sarvam AI and Krutrim AI. SoftBank and Antler are leading the funding landscape, with Tracxn reporting a significant increase in funding for AI startups. Companies are focusing on innovative AI solutions like ChatGPT and GenAI, attracting substantial investments.
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