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BUSINESS
AI project: UP Govt scraps INR 25,000 cr MoU with Bengaluru-based startup
Click- https://t.co/ClDWQblY2n
#UttarPradesh #AIInfrastructure #PuchAI #MoUCancellation #YogiAdityanath #InvestUP #ArtificialIntelligence #AIProjects #StartupNews #Governance #Transparency #DueDiligence #TechPolicy #AIUniversity #DataCenters #AICommons #UPPolitics #AkhileshYadav #PoliticalNews #EmergingTech
Puch ai x Up govt 25000 crore MoU?
#UttarPradesh government cancels rs. 25,000 crores mou with '#PuchAI' after online backlash saying that the company annual revenue is rs. 50,000 lakhs
Announced on Monday, cancelled by Friday. Thanks to social media scrutiny & Community Notes doing the government's homework.

The UP government cancelled its ₹25,000 crore MoU with Puch AI within days of signing, citing lack of net worth and credible financial linkages for the project.
#UttarPradesh #YogiAdityanath #AI #MoU #PuchAI
https://t.co/NhuBUOpXPL
लखनऊ- 25 हजार करोड़ रुपए का MoU रद्द
यूपी सरकार ने Puch AI से तोड़ा निवेश का नाता
#Lucknow #UPGovernment #MoUCanceled #PuchAI #InvestmentWithdrawal #UPNews #BreakingNews #primenews
@PrimeNewsInd @shrutiangad1428 @AdminLKO @lkopolice
▶️ UP सरकार ने रद्द किया 25 हजार करोड़ का MoU
▶️ जांच के बाद संतोषजनक जवाब नहीं मिलने पर फैसला
#UttarPradesh #MoU #PuchAI | @TheSamirAbbas
उत्तर प्रदेश सरकार ने पुच एआई कंपनी के साथ हुआ 25,000 करोड़ का MoU महज चार दिनों में रद्द कर दिया. जांच में कंपनी की वित्तीय स्थिति और दस्तावेज संदिग्ध पाए गए.
पूरी खबर- https://t.co/4aLa1Nichx
#UttarPradesh #CMYogi #PuchAI #MoU #TV9Card

UP Govt cancels #MoU with #PuchAI
“Necessary details as per SOP were sought from the investor, but they failed to provide them timely. Due diligence showed lack of net worth and credible financial linkages for the project's scale. On directions of the State Government, the MoU is cancelled effective today. No rights or obligations remain” @CNBCTV18Live @CNBCTV18News #AI #Yogi @R_Dhanrajani
UP CM Yogi Adityanath backtracks after `25,000 Cr A.I. MoU with @puch_ai, says deal is non-binding and assures detailed due diligence. @R_Dhanrajani reports
UP govt has cancelled the ₹25,000 Crore MoU with #PuchAI after embarrassing revelations by Netizens about the financial health of the company and exposed its revenue being below ₹50 Lakh per annum.

Wonder why did that happen?
#puchai

योगी आदित्यनाथ सरकार ने ₹25 हजार करोड़ का MoU एक नई AI स्टार्टअप Puch AI के साथ साइन किया, जिस पर सवाल उठ रहे हैं। कंपनी की कम कमाई और अनुभव पर विवाद बढ़ा। CM ने सफाई दी कि मानकों पर खरी न उतरी तो डील रद्द होगी।
Video by : @Geet_reports
#YogiAdityanath #UttarPradesh #PuchAI #AIHub #StartupIndia
कंपनी का Revenue 50 लाख, योगी सरकार ने किया 25,000 करोड़ का MOU, उठ रहे हैं सवाल!
देखिए @Saurabh_Unmute की रिपोर्ट The Red Mike के यूट्यूब चैनल पर।
#PuchAI #UttarPradesh

Rafale gave us a bankrupt billionaire. Now #PuchAI gives us a ₹25,000 Crore "Startup" deal with no investors. 🤯
The BJP’s favorite trick: give massive contracts to nobodies, wait for the siphoning to begin, and act surprised when the law steps in years later. Ambani is waiting for company in that investigation line! 🚔🚩
#BJPCorruption #PuchAI #YogiModel #Rafale2.
@INCIndia @RahulGandhi @TS_SinghDeo @girishgoaINC @nivedithalva

Co-Founder of #PuchAI also comes with a clarification after CM calls the MOU , a "non-binding" thing.
Clarifying a few things, starting with the MoU.
Are you taking taxpayer money?
No. The MoU signed with the UP Government is structured as a public-private partnership. It does not involve any cost to the taxpayers of Uttar Pradesh. On the contrary, it brings investment into the state. The project will be executed in phases, with support from external investment partners. We have not taken any money, any GPUs, or any other form of support from the Government. The only part of this MoU that involves citizens is that they'll receive free access to AI, in their own language and through familiar interfaces, via AI Commons.
Is your revenue ₹42.9 lakh?
No. This is a bug in Google’s AI, which has confused Puch AI with another company called Pucho AI. The ₹42.9 lakh revenue figure belongs to Pucho AI, not Puch AI. Puch AI’s revenue is not public.
What’s your valuation/annual revenue? Are you bootstrapped?
We’ll share those details when the time is right. For now, as a private company, we’re not required to make our valuation or revenue public. But, if you’re curious, we're not bootstrapped. We’re a well-funded startup.
Do you have a foundational model of your own?
No, and we do not believe it is necessary for our mission to build one at this stage.
What is your mission?
We want to bring AI to everyone in India. Today, many people already use tools like ChatGPT and Gemini, but millions still cannot. Your parents, shopkeepers, drivers, and many others are being left out because AI, in its current form, is not built for them.
What exactly is Puch AI doing?
Puch AI is building the domestic consumer AI offering for the masses. We're bringing AI to people through simple, familiar interfaces like WhatsApp and voice calls, so that it is easy to use even for those who cannot type and prefer to interact through voice.
Why don’t you have your own app?
We understand the frustration people feel about this, and at times it is frustrating for us as well (currently fighting Meta on the WhatsApp policy). But so far, this has been a conscious choice. A new app becomes one more thing to learn and one more barrier for the millions of people who are currently not using AI. Try teaching your parents a new app!
So are you asking me to not use ChatGPT or other AIs in the name of nationalism?
No, not at all. People should use whatever AI works best for them. Our effort is simply to expand access to AI by bringing it to millions who, today, are unable to use the existing tools.
Is Puch AI just a wrapper?
Wrappers are generally defined as making API calls to AI providers like OpenAI and Anthropic. So no, Puch AI is not a wrapper. We do not use any APIs. We have built our entire infrastructure in-house on top of open-source models, and engineered it for the Indian context. However, if you define a wrapper as any company that does not have a foundational model pretrained from scratch, then yes, Puch AI is a wrapper.
What is the point of Puch AI if you haven’t even built a model?
The problem is data. Today, ChatGPT and Gemini are the default go-to AI apps for almost everyone in India who uses AI. As more people use them, these companies keep getting more and more data to improve their models. That data will never help Sarvam, BharatGen, or any other domestic AI model builder. More importantly, the bulk of India will end up accessing information through OpenAI or Google: their systems and their narratives that may ultimately be shaped by foreign actors. With Puch AI, we are trying to build sovereign distribution, so that India has at least one alternative, no matter how hopeless it may seem to compete with OpenAI or Google’s marketing.
Puch AI seems relatively simple. I can build it in a weekend. Are you even doing anything?
The choice of a simple interface is deliberate, but the underlying infrastructure is far from simple. Happy to give ₹50 lakh to anyone who can build it in a weekend, match our performance in Indian languages, and offer it for free at our consumer scale.
How was your experience building for India?
It is a very interesting situation, where the Government understands the importance and wants to do good, but it becomes difficult to do any good when so many bad actors are rooting for you to fail. Thousands of paid accounts are ready to try to shape narratives to fit their own political agenda. Everything from Community Notes to actual news articles and journalism gets weaponized against you, because your failure gets more views.
Will you keep fighting?
Not sure. Quite exhausted. Maybe this is the time to sign off.
एक साल पुराने Puch AI स्टार्टअप को UP सरकार से मिली 25 हजार करोड़ रुपये की डील? मुख्यमंत्री ने दिया जवाब
पूरी खबर: https://t.co/4aRrFKFRjT
#PuchAI #YogiAdityanath #MoU

If any industry has thrived in Uttar Pradesh in the last few years, it is the cough syrup mafia syndicate that are investing even without any MoU. #PuchAI
Breaking News: UP CM Yogi Adityanath Clarifies ₹25,000 crore MoU with #PuchAI is "non-binding".
Onus on co-founder Siddharth Bhatia of Puch AI to prove he can deliver to the MoU controversy, else his MoU stands cancelled.
Many citizens on the internet, including @amitkilhor
have questioned the caliber of @puch_ai to deliver a project of this magnitude.
Puch AI has not made public their financials or staff strength.
Read all about the controversy here: https://t.co/Xqvk5UlCCH
#artificialintelligence #PuchAI #AIFrontPage #Amitkilhor

#UPCM #YogiAdityanath Backtracks On 25,000 Cr MoU With Little Known AI Company #PuchAI; Says MoU Non-Binding, And Only A “Preliminary Step”
https://t.co/SFRIcMAWEc
उत्तर प्रदेश के अंदर एक बड़ा घोटाला होने जा रहा है !!
#puchAI ने यह तय कर दिया कि #MOU को सरकार की उपलब्धि नहीं माना जा सकता।
मुख्यमंत्री जी स्वयं कह रहे हैं कि MOU कभी भी कैंसिंल किए जा सकते है।
वैसे बिज़नेस मे MOU की परिभाषा उप्र के #मुख्यमंत्री जी की भाषा से थोड़ी अलग है।

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