Thursday, July 24, 2025

AI startup Olto raises $5.1 million from Nexus Venture Partners, The General Partnership

Afore Capital, Recall Capital, Ligature, FirstHand, and senior executives from companies like Amazon participated in the round. The fresh funds will be used to build new AI agents and scale its operations. Olto, which currently serves clients in the US, UK, and Canada, plans to expand into India.

from Tech-Economic Times https://ift.tt/w5YVfoS

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...