VC funding touches report highs; ChatGPT for livestock farmers

Hey,

India’s laying down the regulation on EVs. 

The federal government has finalised and issued detailed pointers for its newest EV coverage, as international automakers more and more eye Indian markets. The scheme was first introduced in March this yr and descriptions funding necessities and timelines for international gamers seeking to enter the nation.

Amongst different issues, the brand new coverage incentivises native manufacturing.

In the meantime, a key element within the new ‘Scheme to Promote Manufacturing of Electrical Passenger Vehicles in India’ has reportedly made the  Vietnam-based EV maker VinFast’s $2 billion funding in Tamil Nadu ineligible for incentives. 

Elsewhere, Chinese language firms are mass producing sodium-ion batteries, another that would assist the business cut back its dependence on key uncooked minerals. 

Shifting on, semiconductor chips are central to international AI and EV ambitions. And one startup from the UK has an out-of-the-world concept to make chips extra environment friendly. Cardiff, Wales-based Area Forge not too long ago raised a £22.6 million Collection A spherical to make wafer supplies in area, TechCrunch experiences. 

Talking of futuristic expertise, scientists have created contact lenses that they are saying enable individuals to see at the hours of darkness with the assistance of infrared mild, Futurism experiences. 

Aside from permitting wearers to see at the hours of darkness, the contacts might even be used to obtain information wirelessly!

In at present’s e-newsletter, we’ll speak about 

• VC funding touches report highs
• ChatGPT for livestock farmers
• Local weather change tales from the Western Ghats

Right here’s your trivia for at present: What acclaimed novelist was a battle correspondent through the Spanish Civil Conflict and World Conflict II?

Funding

VC funding touches report highs

Enterprise capital (VC) funding into Indian startups in Might touched the very best stage to date this yr, clocking in at $1.45 billion. Two giant worth transactions of PB Fintech and Porter, along with regular movement of mid-sized offers, contributed to this development. When put next with April 2025, the rise was 103%, in line with YourStory Analysis.

New milestones:

• Might’s VC funding got here in from simply 99 offers, whereas April noticed a complete of 119 offers with a complete worth of $716 million. PB Healthcare’s $218 million transaction and the $200 million Porter deal supplied a lift to funding in Might.
• In Might, VC influx surprisingly remained constant throughout numerous levels of funding—early, development and late. Surprisingly, the debt class of funding acquired $121 million within the month of Might.
• The sectors that acquired essentially the most capital in Might had been logistics, adopted by healthtech and fintech. This was a shocking improvement, because the fintech phase topped the listing earlier. Regulatory headwinds in fintech would possibly clarify among the investor warning within the phase.

Funding Alert

Startup: Udaan

Quantity: $114M

Spherical: Undisclosed

Startup: Snitch

Quantity: $40M

Spherical: Collection B

Startup: Pepperfry

Quantity: Rs 43 Cr

Spherical: Undisclosed

Startup

ChatGPT for livestock farmers

Farmers in distant villages typically lack entry to well timed skilled recommendation about animal husbandry and cattle care in their very own language, leaving pressing issues unresolved for too lengthy. Bengaluru-based Pashushala goals to resolve this by immediately connecting them with a platform that guides in native languages, serving to thousands and thousands throughout India get the assist they want.

Based in 2018 by Gaurav Choudhary, the net market affords farmers entry to livestock, gear, farm instruments, veterinary companies, insurance coverage, and market networks.

Well timed sources: 

• Pashushala’s flagship providing is PashuGPT, an AI assistant educated on three years of proprietary information. The beta model, launched on April 4, helps 13 Indian languages, providing voice-based assist to farmers who could not learn about Google searches however can use WhatsApp or YouTube.
• The startup has structured its operations to serve the B2C, B2B, and B2G sectors. Farmers can buy instantly; producers and distributors can listing and promote merchandise; and authorities our bodies can associate to implement grassroots programmes. 
• Bootstrapped since 2018, it secured Rs 1 crore in assist and incubation from IIM Udaipur, IIM Bodh Gaya, and MeitY. The founder is now searching for exterior funding. 

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Gaurav Choudhary, Founding father of Pashushala, is constructing a platform that connects farmers to veterinary consultants of their native languages, bridging an important hole in rural livestock care.

” align=”heart”>

Setting

Local weather change tales from the Western Ghats

Sky Islands, a community-led documentation and storytelling platform, brings tales concerning the life and ecology thriving within the Western Ghats to mild, reflecting the variety of the panorama and the lives that decision it their residence. 

The digital platform was based in April this yr by former journalist and author Rajni George, a resident of Kodaikanal, who, like most contributors to Sky Islands, tells the story with an intimacy that comes from dwelling near the land.

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Sky Islands, a newly launched community-led storytelling platform, is narrating deeply native, often-overlooked narratives of ecological change and cultural continuity going down within the Western Ghats.&nbsp;

” align=”heart”>

Information & updates

• Cloud funding: Microsoft will make investments $400 million in Switzerland, the corporate stated on Monday, with the cash going in the direction of creating its cloud computing and synthetic intelligence infrastructure. The US tech firm introduced the funding at a gathering of Swiss Economic system Minister Man Parmelin and its vice chair, Brad Smith, in Bern.
• Upsized provide: Crypto agency Circle ]stated on Monday it was focusing on a valuation of as much as $7.2 billion on a completely diluted foundation in its upsized preliminary public providing in the US, underscoring rising momentum within the stablecoin market.
• Well being: Train can cut back the danger of most cancers sufferers dying by a 3rd, cease tumours coming again and is much more efficient than medicine, in line with the outcomes of a landmark trial that would remodel well being pointers worldwide.

What acclaimed novelist was a battle correspondent through the Spanish Civil Conflict and World Conflict II?

Reply: Ernest Hemingway

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