India

Flam raised $40 million in a QED Investors-led Series B to develop interactive AI content tools and expand enterprise sales, with activity in India and Southeast Asia.

Bombay High Court set aside orders freezing about ₹100 crore in Coda Payments India’s bank and payment accounts, while leaving related proceedings unresolved.

Indian space technology company Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim Space Investment Trust.

Nexedge Capital, an Indian wealth-management and multi-family office firm, has raised $20 million in its first funding round, co-led by Mirae Asset Venture Investment and Elev8 Venture Partners.

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

India's River Mobility has closed a $120 million Series C round comprising equity and venture debt, among the largest private investments in India's electric two-wheeler sector.

ADA, an AI company headquartered in both Singapore and Malaysia, has completed the acquisition of Algonomy, an AI retail decision-making company headquartered in Bengaluru, India, expanding the combined group's presence.

London-headquartered Gorilla Technology Group (NASDAQ: GRRR) has raised aggregate gross proceeds of $232 million from two bond financings, directing the capital toward AI infrastructure programs in Indonesia, India, and Thailand.

India's Tata Communications will make an strategic $152 million investment in subsea cable infrastructure to expand the India-Singapore digital corridor with an additional 98 terabits per second of AI-ready capacity,

The conversation around AI often focuses on what technology can achieve. The more important question may be whether the underlying infrastructure can keep pace with that vision.