US-India Tech News Update for December 3rd, 2025

This is a fully AI generated summary and audio briefing of news in the US and India tech and startup industries.

First up in tech news, Rajasthan’s startup ecosystem is hitting a hockey‑stick trajectory, now supporting over 7,200 companies and creating more than 42,500 jobs, with a fresh influx of over 1,000 crore rupees in investment.

The upcoming Rajasthan DigiFest X TiE Global Summit aims to bring together 10,000 entrepreneurs and 500 investors, positioning the state as a low‑cost alternative to traditional metros.

Across India, Yulu’s FY25 revenue jumped 97 percent to 241.8 crore rupees, driven by its DeX platform serving gig workers, while PhonePe trimmed its losses as it expands into lending and insurance.

A World Economic Forum report flags the global green economy on track to exceed seven trillion dollars by 2030, highlighting valuation premiums for firms with half their revenue from green markets.

Meanwhile, the U.S. has paused immigration applications from 19 high‑risk countries, a move that could tighten talent pipelines for tech firms, and a norovirus surge is prompting investors to watch sanitation‑tech solutions.

Finally, India’s Startup India programme now lists nearly 200,000 DPIIT‑recognised startups, underscoring the country’s growing innovation engine.

Switching to funding announcements, Furlenco secured a 125 crore rupee round – about 15 million dollars – to deepen its furniture‑rental footprint ahead of a 2027 IPO.

Yoodli raised $40 million to scale its AI‑coaching platform for enterprise sales, while Moonrider closed a $6 million Series A to accelerate electric‑tractor production for Indian farms. India saw over $12.1 billion in new venture funds this year, with notable launches from ChrysCapital and Accel, fueling fintech, consumer, and AI‑centric startups.

Kalshi’s latest $1 billion raise pushes its valuation to $11 billion, reflecting strong appetite for regulated event‑trading.

Antares attracted $96 million to develop compact nuclear reactors for land, sea, and space. Meesho’s IPO opened with a ₹ 2,440 crore anchor round, and Tiger Global reinforced its stake at 1.9 percent.

Wakefit is gearing up for a ₹ 912 crore IPO, targeting a ₹ 6,400 crore valuation after posting a profit in its latest quarter.

In the M&A arena, Bending Spoons agreed to acquire Eventbrite for $500 million, a discount to its 2018 valuation, aiming to revive the events marketplace with its mobile‑first expertise.

Now for new technologies, Healthify upgraded its AI health assistant Ria with real‑time conversation capabilities, moving from typed replies to live dialogue for faster symptom triage.

Hyring introduced AI agents that automate resume screening, phone interviews, and video assessments, promising faster, bias‑reduced hiring.

Contrails AI secured a $1 million pre‑seed round to launch a deep‑fake detection platform for marketplaces and fintech.

At AWS re:Invent, Amazon unveiled Graviton 5 and Trainium 2 chips, expanded its Bedrock AI models, and announced a unified data lakehouse to cut pipeline costs. AWS also rolled out on‑premise Nvidia‑powered AI Factories for regulated industries, while Google is testing AI Overviews that blend search results with conversational chat. Amazon previewed three AI agents, including Kiro, which can code autonomously for days.

Android 16 brings AI‑driven notification summaries and richer customization for Pixel users.

Netflix launched a mobile‑friendly version of Red Dead Redemption, extending its gaming push, and AWS introduced Nova AI models with a Frontier Model Service for tighter data residency control.

Finally, in crypto and Web3, Bitcoin is currently at $92,456.02 and Ethereum at $3,086.79, reflecting the latest market snapshot.