The Digital News Publishers Association (DNPA), representing major legacy and digital news organizations in India, has called on the government to ensure stronger copyright protection for news content used in training artificial intelligence models. The DNPA emphasized that using journalistic content without proper authorization for AI development and generative tools amounts to a violation of intellectual property rights. In response to ongoing stakeholder consultations by the Department for Promotion of Industry and Internal Trade (DPIIT), DNPA welcomed the dialogue but insisted on fair compensation mechanisms for publishers. The association stressed that safeguarding the rights of news content creators is essential to sustain quality journalism and the broader digital news ecosystem. It has also expressed willingness to collaborate with the government in creating a balanced framework that both supports AI innovation and ensures the rights of original content producers are respected.
Team SNFYI
Blinkit’s quick food delivery service, Bistro, owned by Eternal, has started imposing a ₹5 convenience fee on orders. This fee only appears at the final checkout screen, catching many users by surprise due to the lack of prior notice or in-app alerts. As of now, Eternal has not responded to inquiries regarding this silent implementation.
This move aligns with a broader industry trend where food and quick-commerce platforms are introducing various additional charges to strengthen their revenue streams. Companies like Swiggy and Zomato have already added or increased fees such as delivery charges, small basket fees, packaging costs, and convenience charges, often ranging from ₹10 to ₹30 based on order value, location, or time. Zepto similarly applies handling charges, packaging fees, and surge pricing.
Launched in December 2023, Blinkit’s Bistro offers ready-to-eat meals, tea, coffee, and snacks delivered within 15 minutes. Initially piloted in Gurugram, the service is now slowly expanding. Its rivals include Zepto Cafe and Swiggy’s SNACC.
The update follows recent turbulence in the sector. Zepto Cafe paused operations in several North Indian cities like Agra, Mohali, and Amritsar, affecting around 400 workers due to supply issues. Meanwhile, BigBasket has entered the segment with a pilot in Bengaluru, planning to scale to 40 dark stores by July. Other players like Swish and Zing are also gaining traction in the fast-growing quick food delivery space.
Snapchat Acquires Saturn to Boost Gen Z Engagement with Social Scheduling
Snap Inc. has acquired Saturn, a social calendar app widely used by high school and college students in the U.S., to enhance its appeal among Gen Z. Saturn, which enables students to coordinate schedules for classes, sports, and other activities in real time, is currently used in around 80% of U.S. high schools. As part of the acquisition, nearly all of Saturn’s 30-member team will join Snap, although the app will continue to operate independently for now. Founded in 2018, Saturn previously raised around $44 million from notable investors such as General Catalyst, Insight Partners, and Bezos Expeditions. Snap plans to integrate Saturn’s scheduling features into its own platform in innovative ways, aligning with its broader strategy to promote real-world interactions among young users beyond just messaging and augmented reality.
Apple Explores Acquisition of AI Search Startup Perplexity in Bid to Boost In-House AI Capabilities
Apple has reportedly held preliminary internal discussions about potentially acquiring the AI-powered search startup Perplexity, which is currently valued at around $14 billion, according to Bloomberg. While no official offer has been made and Perplexity’s leadership hasn’t been approached yet, key Apple executives—such as M&A chief Adrian Perica, services head Eddy Cue, and senior AI team members—have been part of these conversations. The move reflects Apple’s growing interest in strengthening its AI capabilities, especially in search, as it looks to innovate beyond its current dependence on Google for search functions in Safari and Siri. Such an acquisition would be Apple’s biggest ever, surpassing its $3 billion Beats deal, and could help the company build proprietary AI-driven search features. It also comes amid increasing pressure on Apple’s $20 billion annual search partnership with Google, which is under regulatory scrutiny. This potential move signals Apple’s push to stay competitive in the rapidly advancing generative AI space.
Fintechs Pivot to RuPay Credit Cards Amid UPI Monetisation Challenges
Due to the lack of a clear revenue model on UPI—especially with the government reaffirming that no merchant discount rate (MDR) will be charged—fintech companies are shifting their focus toward RuPay credit cards linked with UPI. Unlike standard UPI transactions, RuPay credit card transactions allow banks and fintechs to earn revenue through MDR, making them a more financially sustainable option. As a result, several fintech startups like Jupiter, Scapia, and Slice are launching or expanding offerings in this space. These RuPay credit cards offer users credit limits, cashback, and the convenience of UPI, while allowing fintechs to monetise their services. The National Payments Corporation of India (NPCI), which operates both UPI and RuPay, is actively promoting this model to balance innovation and monetisation in India’s fast-evolving digital payment ecosystem.
Event Description: Shaping the Web 3.0 Technologies with the AI.
The convergence of Web 3.0 and artificial intelligence (AI) on 26th-27th of November 2025 in Dubai, UAE. is reshaping the digital landscape, introducing innovative solutions and enhancing user experiences. This synergy is characterized by several key trends that highlight the transformative potential of these technologies. At the core of Web 3.0 is decentralization, which empowers users by giving them control over their data and digital assets. Unlike previous internet iterations, Web 3.0 leverages blockchain technology to eliminate centralized intermediaries, ensuring greater security, transparency, and user autonomy The Vision of Webs Week 2025: This summit highlights around theme “Witness About The Newest Advancements in Web 3.0 & AI” and promises to be a game-changer in the world of emerging technologies, offering a diverse range of topics and insights for the over 1,00 attendees and speakers it will host. The Webs Week 2025 is set to bring together a diverse array of individuals, ranging from experts, researchers, innovators, to industry leaders hailing from the realms of web development, artificial intelligence (AI), and associated fields. This event, scheduled for November 2025, promises to serve as a dynamic platform for in-depth exploration, discussion, and advancement of the intersection between Web 3.0 technologies and AI ecosystems.
Why Attend?
Attending the World Summit on Web 3.0 & AI in Middle East holds immense significance in today’s rapidly evolving technological landscape. This Summit serves as a nexus of innovation, knowledge exchange, and collaboration in the fields of Web 3.0 and the artificial intelligence (AI). By participating, individuals and organizations gain access to cutting-edge insights, networking opportunities with global experts, and a platform to showcase their own contributions. It’s a place where ideas converge, fostering the development of groundbreaking technologies and applications that can shape the future. Whether you’re a researcher seeking the latest advancements, an entrepreneur looking for market trends, or a policymaker aiming to craft informed regulations, this Summit is a pivotal opportunity to stay informed, inspired, and engaged in the forefront of technological progress. It’s a gateway to the next generation of the internet and the limitless possibilities it holds for our interconnected world.
Key Speakers:
Webs Week 2025 will host an extraordinary lineup of keynote speakers, including:
– Gustavo Antonio Montero, Founder Chairman: Carter Capital, Dubai, UAE
– Ali Safri CTO Avanza Innovations, CTO Ourpol, Dubai, UAE
– David Palmer, Co-Founder of Vodafone’s Pair Point Web3 Platform, UK
– Giovanni Everduin, Chief Strategy & Innovation Officer, Head of Ventures , Commercial Bank International, Dubai, UAE
– Amir Tabch, CEO – Financial Services & Fintech, Dubai, UAE
Why This Matters
Webs Week 2025 represents a pivotal moment for the global Web community to unite, share experiences, and set the course for the future of technology. Whether you are looking to stay ahead of emerging trends, connect with potential investors, or learn from the industry most influential thought leaders, this event offers unparalleled opportunities to propel your career, business, or innovation.
Join Us at Webs Week 2025
This is your chance to be part of an event that will redefine the future of Web 3.0. Join us at Webs Week 2025 in Dubai and contribute to shaping the next chapter of the financial technology revolution.
Special Offer: Use the code to get 20% “Web2025” off your registration!
Kuku FM CEO Accuses Pocket FM of Smear Campaign Amid Funding Talks
Kuku FM CEO Lal Chand Bisu has accused rival audio platform Pocket FM of launching a smear campaign against his company through fake PR and paid trends on Twitter, specifically pointing to the hashtag “KUKUFM FRAUDULENT METHODS.” Bisu backed his claims with screenshots allegedly showing Pocket FM’s PR team coordinating the effort. Meanwhile, some users also surfaced with complaints about Kuku FM’s refund process, citing issues like partial refunds and lack of transaction reference IDs. Pocket FM, however, has strongly denied the accusations, calling them baseless and affirming its focus on innovation over rivalry. The controversy has emerged at a critical time, as Kuku FM is reportedly in talks to raise $70 million in a new funding round led by Granite Asia.
GyanDhan Elevates Aman Jain to Co-founder Role, Recognizing His Foundational Contributions to Brand, Marketing, and Growth
GyanDhan, India’s leading education financing platform, is pleased to announce the elevation of Aman Jain to the role of Co-founder. This move acknowledges Aman’s early belief in the company’s mission and his pivotal contributions across marketing, brand building, and strategic growth over the years. He now joins Ankit Mehra and Jainesh Sinha as the third Co-founder of GyanDhan.
An alumnus of IIT Kanpur, Aman joined GyanDhan before the company disbursed its first education loan, driven by a shared vision to make higher education more accessible through innovative financial products. From those early days, Aman took charge of marketing and branding, helping establish GyanDhan as a trusted and student-centric name in education financing—transforming an opaque process into a transparent and empowering experience for thousands of students.
In recent years, Aman has expanded his role to lead strategic partnerships, building GyanDhan’s B2B ecosystem across 30+ cities and launching a SaaS+ platform that helps study abroad consultants manage and streamline the loan process for their students.
“Aman has been an integral part of GyanDhan since its inception. His contributions span brand, growth, and strategic execution -but more importantly, he has consistently demonstrated deep ownership of our mission and culture. Elevating him to the role of Co-founder is a formal recognition of the leadership and commitment he has shown over the years.” said Ankit Mehra, Co-founder and CEO of GyanDhan.
“Aman has played a pivotal role in scaling and optimizing our marketing, operations, and partnerships—bringing intent, dedication, and consistency to every part of the business. His ability to balance execution with empathy has shaped how GyanDhan works, both internally and externally. This title just makes official what everyone at GyanDhan already knows—he’s been a co-founder in spirit all along” said Jainesh Sinha, Co-founder and COO of GyanDhan.
“Being named Co-founder is a deeply meaningful recognition of a journey I’ve been grateful to be part of since the very beginning. Building GyanDhan alongside Ankit and Jainesh has been both fulfilling and inspiring—grounded in trust, shared purpose, and genuine friendship. I’m thankful for their support over the years and look forward to continuing this mission together” said Aman Jain, Co-founder, GyanDhan.
This announcement follows GyanDhan’s recent INR 50 crore fundraise from Classplus and Pravega Ventures, which will power the company’s next phase of growth. The capital will be used to:
● Scale the consultant partnership network and invest in technology to help streamline the end-to-end student financing journey
● Expand its physical presence to 50+ Tier 2 and Tier 3 cities;
● Double the number of partnered financial institutions from 15 to 30 banks and NBFCs;
● Grow the team across tech, credit, and sales to support regional scale
● Invest in community-building via seminars, student workshops, and financial literacy sessions
About GyanDhan
GyanDhan is India’s first education financing marketplace. The company empowers Indian youth to pursue higher education through accessible and technology-driven financial products.
● Over INR 7,000 crore (~USD 840 million) in education loans originated to date
● Operates a hybrid model: marketplace + own NBFC lending arm
● Partners with 15+ financial institutions including SBI, ICICI, and Credila
● Collaborates with 100+ education consultants who use its proprietary SaaS platform
● Active in 30 cities, with ongoing expansion into Tier 2 & 3 locations
Embedl raises €5.5M to maximise the efficiency of AI in embedded systems for defense, automotive, and robotics industries
The Swedish deeptech startup, a Chalmers University of Technology spinoff and Chalmers Ventures portfolio company, optimises edge-AI inference to reduce energy consumption, lower operational costs, and decrease latency Embedl’s proprietary technology has already helped large multinational companies such as Bosch, Zenseact, Tobii and Kodiak Robotics. Now, the company has raised funding to launch its new Embedl Hub platform.
GOTHENBURG, Sweden (June 18th, 2025) Swedish deeptech company Embedl has raised €5.5M in a pre-series A funding round from Chalmers Ventures, Fairpoint Capital, SEB Greentech, Spintop Ventures, and STOAF. After spinning out from Chalmers University of Technology, and kicking off commercial operations in 2022, Embedl has helped innovative startups and some of the world’s largest corporates, such as Kodiak Robotics and Bosch to optimize their products’ AI inference efficiency. With the new funding, Embedl will accelerate the commercialisation and launch of its SaaS platform, the Embedl Hub.
“The world needs to make AI more energy efficient, fast. While the applications and usage of AI continue to skyrocket, we can’t increase energy consumption at the same level. Our solution will also help bring robotics and autonomous vehicles to the market faster, as we can help optimise the hardware’s energy efficiency while assuring the highest quality data being transferred instantly. We are grateful for the new and existing investors for their support,” says Hans Salomonsson, CEO and co-founder of Embedl.
Inference of AI models surpassed AI training costs in 2024 and is still projected to continue increasing. As more and more original equipment manufacturers (OEMs) add AI features to their products, the need to run inference on low-energy and cost-efficient devices in real-time is increasing. Companies are looking for solutions that ensure their AI inference works seamlessly, even without cloud support.

Embedl’s proprietary technology enables companies from the defense, automotive, and robotics sectors to transfer their deep learning models, convolutional neural networks (CNNs), and transformer models into their hardware devices. Embedl’s technology can reduce the energy consumption up to 83%, and manufacturers can halve the cost of their hardware by optimising their models.
“Having the ability to deeply inspect the cognitive blocks of our AI models, perform hardware-aware optimization, benchmark various layers, and deploy models through seamless hardware abstraction is truly game-changing,” said Shubham Shrivastava, Head of Machine Learning at Kodiak.
For example, the defense industry relies on highly secure and efficient technologies to maintain operational superiority and readiness. The devices used need to have optimal battery life, and sensitive information cannot always be sent to the cloud for analysis.
Embedl’s Model Optimization SDK helps AI systems in defense run efficiently on existing hardware, avoiding costly upgrades. It offers tools to prune, quantise, and compress deep learning models, reducing size and speeding up inference. Its modular design lets developers tailor components for specific needs and apply their domain knowledge. Built-in visualisation tools make it easy to track model changes during optimisation.
The automotive industry has been at the forefront in developing cutting-edge safety-critical functions, which require the utilization of cost-efficient hardware. In order to remain profitable and competitive, companies are constantly seeking methods of reducing manufacturing costs. Embedl’s edge AI tools can effortlessly deploy generative AI models across multiple hardware platforms.
“This funding is a sign that Chalmers has the technical expertise to build great AI solutions. We at Chalmers Ventures are proud to continue backing our portfolio companies that deliver, and we expect great things from Embedl, in addition to the impressive achievements they have already made in such a short time,” says Jonas Bergman, Investment Director at Chalmers Ventures.
Embedl has been listed as one of the most promising startups by CB Insights’ AI100 list, NyTeknik’s 33 List, and it has won The Grand Prize for Engineering, and IVA’s Smart Industry 2024 award.
The technology is based on research by Professor Devdatt Dubashi, Data Science and AI, Computer Science and Engineering, Chalmers University of Technology.
Illumine Raises $2.5M Seed Funding to Globally Scale Vertical AI Platform for Childcare Management
Prime Venture Partners backs illumine’s mission to revolutionize early childhood education
Illumine, a startup transforming early childhood education through AI, has raised $2.5 million in seed funding from Prime Venture Partners. The funding will accelerate Illumine’s product development and international expansion, as the company aims to become the global standard for childcare management software.
The idea for illumine was born from a deeply personal experience. Navneet Rastogi, Co-founder and CEO of illumine, missed a key milestone in his son’s early life — his first steps — while his child was at daycare. “I only found out weeks later,” Rastogi recalls. It was a moment that should have brought joy in real-time, but instead, it slipped by unnoticed. That’s when I realised just how disconnected and outdated communication in childcare really is. This incident sparked the vision for illumine: a technology platform that keeps parents connected, educators supported, and centres empowered”.
The startup addresses a long-overlooked challenge in a rapidly growing industry. As the number of dual-income households increases, so does the demand for quality childcare. But how do most childcares cater to this when they continue to operate with disjointed systems and outdated manual processes? illumine solves this by offering the world’s first vertical AI SaaS platform built specifically for childcare. Already used by more than 3,000 centres across 56 countries — including the U.S., UAE, Southeast Asia, Europe, and India — illumine has rapidly become a go-to solution for early education providers.
“Parents invest thousands of dollars annually in their children’s early education, yet the childcare industry remains surprisingly underserved by modern technology. This results in a frustrating experience for parents, teachers get bogged down in administrative tasks instead of focusing on education, and centers miss out on growth opportunities,” said Shripati Acharya, Partner at Prime Venture Partners. “We are excited to back the illumine team which is transforming this space with their AI-first vertical solution that simplifies every aspect of running a childcare center while improving outcomes for children, parents, and educators alike”.
The Co-founders further underscored illumine’s commitment to purposeful innovation in the early years segment. “At illumine, we’re building AI that goes beyond automation — every feature is thoughtfully designed to support the complexity and diversity of childcare providers around the world,” said Sourabh Agarwal, CTO of illumine. “Whether it’s a single preschool or a multi-center operation, the system is built to flex and adapt to each centre’s unique needs,” added Purva Goyal, the CPO.
With this new round of funding, illumine plans to continue setting global benchmarks for childcare management — with a firm focus on innovation, educator empowerment, and helping childcare owners scale with confidence.
About illumine-
illumine is the world’s first AI-powered, full-stack childcare management platform. Purpose-built for preschools and childcare centres, illumine streamlines operations, enhances communication, and delivers intelligent insights — all in one intuitive system. With a presence in 56 countries and growing, illumine is on a mission to transform early childhood education through technology that supports educators, reassures parents, and empowers childcare owners to grow.
