This is a fully AI generated summary and audio briefing of news int he US and India tech and startup industries. Links are in the show notes below.

Let's dive into the latest business news. First, Pocket FM has achieved profitability by leveraging AI for content creation, reaching $350 million in annual recurring revenue. Zetwerk is seeing significant momentum in the Indian manufacturing sector, experiencing 30-40% annual growth. Rapido is planning to onboard 200,000 women drivers as part of its ‘Pink Mobility’ initiative.

In other news, Ronnie Screwvala argues that many AI ventures won’t survive the next five years, emphasizing the need for product depth and execution. Swiggy’s board has approved a $1.1 billion fundraise to fuel growth and its quick commerce arm. Amazon is launching a low-price standalone shopping app, Amazon Bazaar, in over a dozen markets.

Funding rounds include Myntra raising funds to bolster its platform, Agnikul Cosmos securing $7.6 million, and Pine Labs IPO which was oversubscribed 17.6x.

On the M&A front, TVS Motor has fully exited Rapido, and Groww IPO is currently showing strong investor demand.

Tech advancements include Rivian approving a new pay package for RJ Scaringe and Datadog’s success being attributed to a customer-centric approach. \n\nFinally, Bitcoin is currently at 101990.76000000 dollars and Ethereum is currently at 3423.30000000 dollars.