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Startup news and updates: Daily roundup (April 8, 2025)
- IT companies now require entry-level job candidates to possess industry-ready skills like AI proficiency and hands-on experience.
- Siemens Technology and Services Private Limited (STSPL) in India focuses on driving digitization for Siemens globally, employing around 10,000 people.
- Rapido, a ride-hailing startup, is diversifying into the fintech sector with plans for a separate subsidiary for financial services.
- OpenAI is in talks to acquire io Products, an AI hardware startup co-founded by former Apple design chief Jony Ive, for over $500 million.
- Online fashion retailer Outzidr secures Rs 30 crore funding to serve Gen Z consumers with trendy outfits.
- Neo Asset Management announces the first close of its second private credit fund, Neo Special Credit Opportunities Fund-II, at Rs 2,000 crore.
- AI-powered video telematics startup Cautio raises Rs 11 crore in an ongoing seed round to enhance road safety solutions.
- DevOps AI platform Scoutflo raises Rs 1.4 crore in pre-seed funding to enhance deployment automation and strengthen security measures.
- Decimal Point Analytics welcomes Eric Yuen as Partner and Head of Data Science, bringing over 20 years of experience to the AI and data analytics company.
- Ingen Technologies, a subsidiary of WRMS Global, partners with the Government of Kerala to enhance weather monitoring with advanced weather data collection systems.
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