Prime Minister Narendra Modi says India has undergone a cultural shift as risk-taking and entrepreneurship gain respect, with over 2 lakh DPIIT-recognised startups now making the country the world’s third-largest startup ecosystem and drawing founders from Tier-2, Tier-3 cities and villages into new technologies and emerging industries.

Prime Minister Narendra Modi urges Indian startups to build indigenous AI on local servers as Startup India marks a decade, touting 200,000 recognized ventures, 125 unicorns, over 38,000 GPUs under the IndiaAI Mission, and reforms like the Fund of Funds and Jan Vishwas Act to fuel the next phase of growth.

OpenAI debuts ChatGPT Translate, a contextual AI translation tool, just as Meta’s new WhatsApp rules force the shutdown of general-purpose AI bots, affecting over 50 million users and rivals like Perplexity AI, Luzia, and Poke. Regulators in the EU, Italy, and Brazil are now examining Meta’s policy shift.

Mumbai-based proptech startup Truva has raised $9 million (₹78 crore) in equity and venture debt from Stellaris Venture Partners, Orios Venture Partners, Stride Ventures, and prominent angels to scale its TruIQ-powered resale housing platform beyond Mumbai into Delhi-NCR and Bengaluru, after facilitating over ₹500 crore in transactions.