SwitchOn secures pre-Series B funding led by IvyCap Ventures
The funding round saw participation from SIG Tattva and Trifecta Capital.
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The funding round saw participation from SIG Tattva and Trifecta Capital.
KuhlTherm will use the fresh capital to accelerate product development, and strengthen its R&D and testing infrastructure, among others.
The funding round saw participation from Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator.
The Bengaluru-based startup will use the fresh capital to accelerate product innovation, strengthen its technology stack, and expand its market presence across India.
Prior to Microsoft, Kulkarni spent over a decade at Accenture and has previously held senior positions at EY and GE Capital.
The lawsuit marks a fresh flashpoint in the intensifying battle between major technology companies to dominate the next generation of AI-powered hardware.
Simo joined OpenAI’s board in 2024 before taking charge of the newly created CEO of Applications role in 2025.
Alongside the models, OpenAI introduced ChatGPT Work, a productivity tool for enterprise users.
Other existing backers Neotribe Ventures, Defy.vc and Rocketship.vc also participated in the funding round.
The new model was trained using tens of thousands of Nvidia GB300 GPUs.
The models are built to handle simultaneous speech input and output, reducing delays and making interactions feel more fluid.
The Udaipur-based startup will use the fresh capital to accelerate product development and enhance its AI capabilities, among others.
The funding round also saw participation from a group of angel investors.
The move follows the closure of Dream Play, an AI-based sports analytics platform, and the winding down of Dream Money, the company’s fintech initiative.
The round also saw participation from All In Capital, Unisol, iSeed, and angel investors including Soumith Chintala, Adarsh Kulkarni, Ashish Kulkarni, and Vaibhav Domkundwar of Better Capital.
Capillary added it has recovered around Rs 4.9 crore and has identified additional funds while securing the freezing of related bank accounts.
The proposed framework could require VPN companies to establish a local presence in India, appoint compliance officers and designate officials to coordinate with government agencies.
The app lets users build, explore, and share AI-generated “gizmos” while also offering a social feed where they can discover creations from others.
This comes after the government raised concerns about a similar planned username feature of WhatsApp.
The development comes just a week after Meta announced a nearly $900 million investment in Indian fintech startup CRED and appointed its founder, Kunal Shah, as the new global head of WhatsApp.