UP Government Scraps ₹25,000 Crore Puch AI Deal After Due Diligence Review
The Uttar Pradesh government has cancelled its ₹25,000 crore Memorandum of Understanding (MoU) with Bengaluru-based startup Puch AI after a detailed review raised financial concerns. The agreement, signed on March 23, aimed to boost artificial intelligence infrastructure in the state. Due diligence flags financial gaps Officials said the startup failed to provide required financial details…