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The Latest Breaking News from Activate

Indian VCs turn to US AI startups in search of bigger returns

Indian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.

The Economic Times

Peak XV in talks to back Ringg AI as voice AI gains attention: Sources

Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant…

The Economic Times

'With 50% of India’s capacity, Mumbai is the country’s data centre capital'

Sanghi spoke with ET ahead of the Tech Entrepreneurs Association of Mumbai’s (TEAM) two-day event starting Friday. Others joining the discussions on subjects ranging from AI and jobs were Aakrit Vaish, cofounder of Activate, an early-stage AI fund, and Naiyya Saggi, founder of Babychakra and new-age appliance maker EDT.

The Economic Times

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From financial services to healthcare, enterprises driving AI adoption in India are all in Mumbai: TEAM

On the eve of Mumbai Tech Week, Sharad Sanghi of Neysa AI, Aakrit Vaish of Activate, and Naiyya Saggi of EDT spoke with ETtech editor Samidha Sharma about data centres, India’s AI investment gap, and building a startup ecosystem in the city.

The Economic Times

Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

The Economic Times

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

Activate picks stake in ElevenLabs in first global growth-stage AI bet

Venture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company considers India a key market. Activate will partner with ElevenLabs in India to strengthen enterprise relationships and offer early-stage Indian startups access to its voice infrastructure. ElevenLabs is experiencing rapid…

The Economic Times

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From Classroom to Boardroom: How Gregory Griffith Advocates for Wellness

Griffith aims to transform the lives of those who may be burdened by procrastination and dysfunction. His books, Activate or Stagnate and 30 Days to a New You, are his tools in bringing that knowledge to the world, helping people achieve balance and breakthrough.

International Business Times

Frasers moves into mini-golf and trampolining with We Do Play investment

It is the retail group’s first move into the UK leisure market.

Evening Standard

‘I might annoy you, but my intentions are good’: Joe Wicks’ alien-filled new exercise class for kids

The lockdown PE favourite has joined forces with the Hey Duggee team to turn himself into an animation. And now he’s on a mission to get the government to make Activate compulsory viewing in schools

The Guardian - UK

Animation of Joe Wicks launched to help children keep fit

The Body Coach has made five-minute clips to help children stay active

Evening Standard

'It's great that a scheme to reduce rugby injuries is being tailored for women'

Rugby bosses have recognised that anatomical differences mean women can't use a men's programme, says Miriam Stoppard

Daily Mirror

PubMatic Launches Activate, Enabling Direct Deals Via Programmatic Platform

Dentsu, Fubo, GroupM, Havas Mars, Omnicom Media among users

People

Mike Ashley Frasers Group

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