Earlier, a viral video showed Professor Neha Singh introducing the RoboDog as “Orion.” As a result, social media users accused the university of misrepresentation. Soon after, authorities asked the institution to clear its expo space.

However, Registrar Nitin Kumar Gaur rejected the allegations. He clarified that the university did not develop the robot. Instead, it bought the machine to help students with research. He explained that confusion arose from the words “develop” and “development.”

Meanwhile, Professor Neha Singh also denied any false claim. She said the robot still carried its original branding. Moreover, she stated that it was displayed only for academic projection. She added that she teaches communications, not artificial intelligence.

In addition, the university issued a formal statement. It described the backlash as propaganda. Furthermore, it stressed its focus on innovation and skill-building. According to the statement, students use global technologies to gain practical exposure.

Overall, the incident sparked debate at the summit. The India AI Impact Summit operates under the IndiaAI Mission and Digital India initiative. It brings together policymakers, industry leaders, and academics to promote responsible AI growth.

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Early-stage startups witnessed an increase in funding, securing $598 million compared to $555 million in 2024, reflecting continued investor confidence. However, late-stage funding fell to $863 million from $1.2 billion, and seed-stage investment dropped to $129 million. Despite this dip, two major funding rounds — Groww’s $202 million and Weaver Services’ $170 million — boosted overall momentum.

The sector recorded 23 acquisitions, slightly more than last year, with Diginex acquiring Resulticks for $2 billion. It also saw one IPO, Seshaasai, and the addition of two unicorns, matching 2024 figures. Bengaluru remained the leading hub, capturing 52% of total FinTech funding, followed by Mumbai with 22%.

Tracxn Co-Founder Neha Singh said India’s FinTech market continues to show resilience amid funding moderation. She added that strong early-stage activity and steady unicorn creation indicate long-term investor confidence and technological innovation.

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