© 2026 NervNow™. All rights reserved.
ONGC to Launch ₹200 Crore AIF for Energy, AI Startups

The proposed alternative investment fund would double ONGC venture capital commitment and expand its mandate to include artificial intelligence.

The proposed alternative investment fund would double ONGC venture capital commitment and expand its mandate to include artificial intelligence.

Global insurtech funding held strong at $1.63 billion in the first quarter of 2026. AI-focused companies captured a record 95.2% of all capital deployed. The sector is now moving beyond simple digitization toward a new frontier.

Checkstep raises £3 million led by Alea Capital Partners to scale its AI-powered content moderation platform across the EU, US, and beyond.

China's Infinigence AI raised $102.9 million in fresh funding, pushing its total to $323.3 million. The Tsinghua-backed firm now leads AI-native infrastructure in China.

San Francisco startup Moritz raised $9M in seed funding led by Y Combinator and 20VC to build a faster, cheaper AI-native law firm for businesses.

Samantha Jacobson, Chief Strategy Officer at The Trade Desk, is set to join OpenAI to lead monetization efforts, according to a report by Adweek. Her exact title and start date at OpenAI were not disclosed at the time of publication.

The Telangana government also plans to introduce scholarship incentives and mentorship support for minority students, though implementation details and funding have not yet been announced.

New platform, CiteSentinel, aims to help lawyers detect fabricated or inaccurate legal citations generated by AI systems before they reach the courtroom.

The Bangalore-based initiative aims to address the gap between AI awareness and adoption among Indian civil society organizations, as ImpactAI Foundry prepares to launch a pilot cohort in June 2026.

AI Library, India's first outcome-based AI-native software delivery startup, has closed a $560K pre-seed round at a $7.5M valuation cap from 12 investors.