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Latest Business News, Business News India Today | The HinduBusinessLine

Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Modi seeks opposition backing to implement women’s reservation before 2029 polls West Asia crisis: Ludhiana handtool export units face labour, gas supply shortages, high input costs Patent application filings in India rise 30.2% to 1.43 lakh in 2025-26: Goyal Meet the man with 138 degrees: Dashrath Singh, an ex-serviceman, earns latest qualification from IGNOU Europe missed AI bus, but India has potential to catch up: Former WEF Director AIG Hospitals, ICMR team up for digital health innovation Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Legendary playback singer Asha Bhosle dies at 92 Signature Global cuts net debt by 77% to ₹200 crore in FY26 Iran aims to restore majority of refining capability within two months Supreme Court to hear on Monday pleas related to SIR of electoral rolls in West Bengal US, India hold engagements to advance defence cooperation Trump shares article suggesting option with him to enforce naval blockade on Iran NCLAT reaffirms project-specific insolvency proceedings against realty firms Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Time has come to implement Women's Reservation Act: PM Modi's letter to LS, RS floor leaders Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran India will soon become self-reliant in defence sector, find itself among leading nations of the world: Rajnath Singh Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict
IndiaAI Mission companies set to advance to next growth s...
Vallari Sanzgiri , Sindhu Hariharan & Sanjana B · 2026-06-23 · via Latest Business News, Business News India Today | The HinduBusinessLine
 These efforts have led to the shipping of products such as Prisma v2.5, TTS Models and Speech-to-Speech Modes, with more in the pipeline. “On the funding front, Gnani is well capitalised and profitable,” said Ganesh Gopalan, Co-Founder & CEO, Gnani.ai

 These efforts have led to the shipping of products such as Prisma v2.5, TTS Models and Speech-to-Speech Modes, with more in the pipeline. “On the funding front, Gnani is well capitalised and profitable,” said Ganesh Gopalan, Co-Founder & CEO, Gnani.ai

Current infrastructure provisions under the India AI Mission will carry the companies to the next stages of model development, according to select companies working with the government under the Mission informed businessline.

While companies remain guarded about announcing timelines for their Mission projects, companies like Tech Mahindra said the current infrastructure is sufficient to meet their current goals of creating an educational LLM for India.

“The infrastructure requirements for the project have largely been addressed. We anticipate utilising the planned compute infrastructure more extensively during the model training phase. We believe the project is well-positioned from an infrastructure standpoint to support the next stages of development,” said Nikhil Malhotra, Chief Innovation Officer & Global Head of AI and Emerging Technologies, Tech Mahindra.

The team is currently focused on data preparation, enrichment, and optimization activities, which are critical to improving the model’s overall performance, said Malhotra. Tech Mahindra is focusing on enhancing the model’s performance, expanding its knowledge base, and validating its effectiveness through testing and refinement. This will be done with more linguistic capabilities, additional dialects, and enriched underlying datasets.

Meanwhile, Gnani.AI has deployed its recently acquired capital into three strategic areas: building and refining foundational models, expanding training data at scale, and adding the human capital required to execute this work at the necessary level. These efforts have led to the shipping of products such as Prisma v2.5, TTS Models and Speech-to-Speech Modes, with more in the pipeline. “On the funding front, Gnani is well capitalised and profitable,” said Ganesh Gopalan, Co-Founder & CEO, Gnani.ai

Similarly, Vivek Raghavan, co-founder, Sarvam said the models are also being widely adopted by developers in India, having processed around 10 million API calls daily. Usage has tripled over the last three months since the AI summit.

foundational models

The company has released foundational models in the last few months, all trained from scratch in India including the Sarvam 105B model, Sarvam 30B model, which is optimised for edge deployment and can run on consumer hardware. On the hardware side, the start-up’s Glasses are also in the works.

Experts note that policymakers must now capitalise on the momentum around sovereign AI by fine-tuning AI Mission incentives and linking them to measurable outcomes on a milestone basis.  When asked, S Krishnan, MeitY Secretary, told businessline that the goal is to determine how many models India can afford.

“The harder question now is how the government ensures that this investment translates into real, measurable outcomes. The shift needs to happen from upfront grants to a milestone-based funding model,” said Dr Srinivas Padmanabhuni, CTO of AiEnsured.

Further suggesting that a Public Impact Dashboard should track enterprise adoption rates of sovereign models, open-source contributions, and social impact metrics in a transparent and automated manner.

Published on June 23, 2026