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BELGIAN STARTUP
Russia's AK-47 maker unveils special bullets designed to take down drones mid-airRussia is developing new anti-drone bullets to help soldiers shoot down small flying drones. The rounds break into fragments to improve acc...- D2C food brand Anveshan eyes Rs 150-200 crore funding; valuation may more than doubleAnveshan is in advanced talks to raise Rs 150-200 crore from Vertex Ventures and the International Finance Corporation (IFC), the World Ban...
- Belgian cybersecurity startup Aikido hits unicorn status with new funding roundBelgian cybersecurity firm Aikido Security has secured $60 million in funding. This investment values the company at $1 billion, marking it...
- HCLSoftware set to buy agentic AI firm Wobby for $5.3 millionHCLSoftware plans to buy Wobby, an AI data analyst startup, for €4.5 million. This move aims to boost HCLSoftware's data and AI offerings. ...
- HealthQuad targets raising $300 million third fund to back healthcare tech startupsThe healthcare venture capital firm's first two funds backed over 18 companies, including Qure.ai, Medikabazaar, THB, Wysa, Ekincare, Redcl...
- Health food brand The Whole Truth raises $15 million in funding round led by Belgian investment fund SofinaThe funding round was led by Belgian investment fund Sofina, with participation from existing investors including Z47, Peak XV Partners, an...
- Finova Capital raises $135 million from Avataar Venture, Madison India and SofinaNon-banking finance company Finova Capital raised $135 million from Avataar Venture Partners, Madison India Capital and Belgian investment ...
- Mid-sized global restaurant chains find Indian market palatableRecent months have seen several mid-sized global cafes and restaurant brands enter the Indian market or negotiate with local partners, desp...
- Omnivore raises $150 million for third fund; will invest in 30 startupsWith this, Bengaluru-based Omnivore Agritech & Climate Sustainability Fund expects to make 25-30 new investments in seed and series A round...
- France's Mistral AI raises 105 million euros shortly after being set upThe fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Sili...
- TikTok's Chinese ownership, security concerns spark bans across nationsTikTok is owned by China-based ByteDance, the world's most valuable start-up. Numerous countries have raised concerns over its proximity to...
- Mamaearth cofounder Ghazal Alagh denies IPO valuation rumoursThe offering will include a fresh issuance of shares worth Rs 400 crore and an offer-for-sale (OFS) component comprising 46.82 million shar...
- NCLT approves Sterling Biotech’s acquisition by US-based Perfect DayIn April, the California-based company emerged successful with a bid of Rs 638 crore against the reserve price of Rs 548.46 crore for the d...
- Spring Marketing Capital invests in Purplle from its maiden fundPurplle is backed by Blume Ventures, IvyCap Ventures, JSW ventures - and last year it raised more than $30 million from Goldman Sachs and V...
- Verlinvest on board as anchor investor in Spring CapitalVerlinvest, which has largely made direct investments in India and counts companies such as Byju’s, Veeba, Epigamia and Future Retail among...
- Omnivore raises $97 million for its second fundVC firm looks to back entrepreneurs working to disrupt food systems in India.
- IT firm Cybage appoints Walter Mastelinck to board of directorsSince the end of his tenure at Transics, Mastelinck has guided several high-potential ventures from an early stage turning them domain-lead...
- Peer-to-peer lending platform Faircent gets $4m in Series BThis is the second series of fundraising for the startup which had raised $2 million in its Series-A round.
- FarEye platform stretches as far as Europe & Australia“The growth has been organic and exponential. Most of our business came from referrals from our clients,” said Chief Executive Kushal Nahat...
- Manish Dugar quits InMobi to join healthcare services provider PractoThe exit of Dugar is a reflection of the mobile advertising network's struggle to survive fierce competition from the likes of Google and F...
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