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Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...- DOGE alumni launch military cyber startup with $1.4 billion valuationThe startup, called Cathedral, was launched in recent months with a plan to secure US government contracts to bolster AI-driven cyber opera...
- South Korea's Lee to visit South America and Germany, attend AI summit in USPresident Lee Jae-myung will visit San Francisco, Brazil, Chile, and Argentina. He will attend an AI summit and meet tech leaders there. Tr...
- Scapia announces Rs 20 crore Esop buybackTravel fintech Scapia has launched a Rs 20 crore employee stock ownership plan buyback. Eligible employees can now sell up to ten percent o...
- Elevation Capital closes $500 million India fund; to back startups building on AI’s app layerThrough its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally com...
- Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
- Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fundAnkur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aamir Zeb, they said. The fund, which ...
- CarDekho set to file for Rs 3,000 crore IPO; targets around Rs 13,000 crore valuationThe IPO is expected to be largely an offer for sale (OFS) by existing shareholders, with a fresh issue of about Rs 300 crore. The Jaipur-ba...
- Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
- Meta’s Chris Cox sought Kunal Shah’s WhatsApp advice - then made him leaderMeta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp. C...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- Intellectual curiosity & infectious optimism: Industry cheers Kunal Shah's new role as WhatsApp HeadIndia Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian startup leadership. Industry lead...
- Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsAppIndian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the fo...
- Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
- AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise youAn AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. ...
- Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
- India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continuesGagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter....
- Voice AI startup ElevenLabs appoints Alexander Holt its field CTOVoice AI firm ElevenLabs has appointed Alexander Holt as its Field CTO, a move aimed at accelerating AI integration for enterprise clients ...
- Warburg, KKR, TPG among PE giants vying for 25% stake in CloudnineGlobal private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospit...
- Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
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