India’s AI Ambitions, boAt's IPO Dreams, and WRMS Global Teams Up With Kerala

India's AI ambitions edge closer to reality as the IndiaAI Mission nears its funding verdict for LLM hopefuls—GPU engines are revving, and 120 contenders wait in suspense. Meanwhile, boAt is charting silent waters with a confidential IPO filing, signaling big league intentions without the noise. And down south, WRMS Global’s tech arm teams up with Kerala’s agri dept to bring sharper weather smarts to the state’s farmers. Besides, there's also Startup Spotlight to savor.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Yahi Raat Hai Antim”: IndiaAI Mission In Final Leg Of Evaluating LLM Applications For Funding, Says Ashwini Vaishnaw

India’s big bet on AI is nearing a crucial checkpoint. IT Minister Ashwini Vaishnaw revealed that the final evaluation of LLM applications is underway, with funding decisions expected shortly.

As part of the INR 10,372 Cr IndiaAI Mission, 10 companies have been tapped to supply nearly 19,000 GPUs—an ambitious move toward building a national AI backbone, even as 120 hopefuls await their fate.

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“Jai Jawan, Jai Kisaan”: WRMS Global subsidiary enters into strategic partnership with Kerala Gov

WRMS Global’s subsidiary, Ingen Technologies, is stepping into Kerala’s farmlands with tech in tow. It’s been chosen as the WINDS Implementation Partner by the state’s agriculture department to power next-gen weather monitoring.

The goal? To help farmers brace for climate shocks using sharper, real-time data from the skies.

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“Chupke Chupke Haule Haule”: boAt Files IPO Papers Via Confidential Filing

boAt is quietly tuning up for the big stage. Its parent company, Imagine Marketing Ltd, has filed IPO papers through SEBI’s confidential pre-filing route—keeping key details under wraps for now.

It’s a hush-hush move, but one that signals the brand’s readiness to go public when the time feels just right.

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1. Eat Better is gearing up to snack smarter and scale faster with fresh funding. The Jaipur-based D2C brand plans to expand its healthy offerings and boost its presence on quick commerce platforms.
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2. Scripbox is eyeing a fresh $20 Mn fundraise to rejig its captable and prep for an IPO within two years. The fintech firm, last valued at $138 Mn, continues to blend AI with mutual fund investing and financial planning.
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3. Neo is doubling down on private credit with its second fund, NSCOF II, eyeing a hefty INR 5,000 Cr from HNIs and family offices. The SEBI-approved AIF will back EBITDA-positive firms in need of tailored credit solutions.
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4. Bengaluru-based social gaming startup Eloelo is set to raise INR 114 crore in a Series B funding round led by Play Ventures, Gameskraft Technologies, WestBridge Ventures, and Kalaari Capital. The funds will be used to expand operations, support working capital needs, and strengthen the balance sheet.
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5. Bengaluru-based D2C fashion startup OUTZIDR has raised INR 30 crore in seed funding from Stellaris Venture Partners, with participation from angel investors including Livspace's Ramakant Sharma and Mamaearth's Ghazal Alagh. The startup plans to use the funds to enhance its business model, refine product design, and expand marketing efforts.
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“Muqaddar Ka Sikandar”: Savani Heritage Is Restoring India's Architectural Splendor

From reviving ancient fire temples to restoring colonial town halls, Mumbai-based Savani Heritage has quietly become India's architectural guardian angel. Founded in 1995, the company blends old-school craftsmanship with modern conservation science—and now it's shooting for 1,000 monuments by 2030.

With 11 UNESCO awards, a ₹125 Cr Shark Tank valuation, and ₹850 Cr worth of ongoing projects, this isn’t just about walls and roofs—it’s about bringing forgotten glory back to life, one lime-coated stone at a time.

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