Explore the latest news, in-depth reports, and executive analysis tagged with #Qed Innovation Labs.
BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
![Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]](/upload/theheadandtale.com/2026/07/1783425176_4f181680c7_june12.jpg)
In this editing, read the fintech reality check; and whether the frenzy around AI is actually translating into funding for Indian startups.
The round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions, along with other investors and angels across the world.
The funding round saw participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund.
Selected ventures under the program will be provided funding of up to Rs 2 crore.
Prior to this appointment, Rai held several critical positions in the Indian Navy, including Joint Director at the Directorate of Marine Engineering.
The centre will enable clients and partners build AI agents, fine-tune small language models (SLMs) to power them, and audit the entire process.
Kini will replace Rajesh Bansal, the founding CEO of the Reserve Bank Innovation Hub.
The investment was made at a valuation of $3.5 billion, much lower than the valuation of $6.4 billion when they last raised capital in 2022.
