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Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.- Deepinder Goyal’s aviation bet; Rapido’s food delivery planDeepinder Goyal is investing in LAT Aerospace, marking his second venture outside Zomato. This and more in today’s ETtech Morning Dispatch.
- Nearly 92% of Indian SaaS cos adopted AI in 12 months: BessemerAI adoption by SaaS platforms helps make software more intuitive, adaptive, and capable of automating complex tasks. The report titled ‘The...
- Hungama Digital to raise Rs 50 crore through rights issueHungama plans to raise Rs 50 crore through a rights issue by March. Care Ratings revised its rating to negative due to weak performance and...
- Park Hotels, Medi Assist get Sebi's approval to launch IPOsAccording to the draft papers, the proposed IPO of Apeejay Surrendra Park Hotels comprises a fresh issue of equity shares worth Rs 650 cror...
- Medi Assist Healthcare, Park Hotels get Sebi nod to float IPOsMedi Assist Healthcare Services, backed by Bessemer Health Capital, had filed its draft papers with Sebi in its second attempt in August th...
- Bessemer India Capital exits Home First Finance, sells 7.75% stake for Rs 467 crAccording to the bulk deal data available with the National Stock Exchange (NSE), Bessemer India Capital Holdings II sold a total of 68,11,...
- US venture capital firm exits Home First Fin via sale of 8% stake in open marketTransaction took place at a 7% discount to the stock’s previous market close. On the contrary, Fidelity Funds, Nomura Trust and Banking Co ...
- Pepper Content raises $14.3 million funding led by Bessemer Venture PartnersBessemer Venture Partners’ has backed startups like Urban Company, Swiggy, BigBasket, Pinterest, LinkedIn, and more
- Perfios to acquire fintech platform Karza for Rs 600 crorePerfios earlier last month raised around Rs 520 crore from Warburg Pincus and Bessemer, and some of the existing investors. It will use the...
- Financial firm set to manage Britney Spears's estate asks to withdraw from conservatorship caseThe company asked a LA court to withdraw from the case after the superstar's testimony.
- Britney Spears to speak in court for the first time in legal battle to remove her father as her conservatorThe 39-year-old US pop singer is the subject of a "FreeBritney" online campaign.
- Sarovar Hotels sells majority stake to Europe's Louvre HotelsAfter the deal, Louvre Hotels' Golden Tulip Hotels business will merge with Sarovar Hotels.
- TravelTriangle ties up with Paytm to integrate its payment wallet on web, mobile sitesTargeted towards making payments cashless for their customers, Travel Triangle is also offering 10% cashback on its site for all trips book...
- BigBasket to launch its marketplace business to deliver orders from hyperlocal storesThe marketplace will offer popular neighbourhood delights from bakeries, flower shops, meat speciality stores and pet outlets in less than ...
- Ratan Tata invests undisclosed amount in services marketplace UrbanClapTata Sons Chairman Emeritus Ratan Tata has invested an undisclosed amount in his personal capacity in service marketplace UrbanClap.
- LivSpace raises Rs 29 crore from venture capital investorsLivSpace, an ecommerce startup in the home design and decor space, has raised Rs 29 crore from venture capital investors.
- We are betting big on internet companies: Rob Chandra, Managing Partner, Bessemer Venture PartnersTough market conditions and skyrocketing valuations have forced PE investors to wait and watch rather than loosen their purse strings.
- US agency OPIC to provide $150 mn to India for solar powered telecommunication towersThe decision by the Overseas Private Investment Corporation (OPIC) is expected to reduce CO2 emissions and create jobs in both the US and I...
- Bessemer Venture to invest in Spanco subsidiary; stock upBessemer Venture Partners Trust, Mauritius has entered into a share subscription agreement Spanco Power Distribution, a wholly owned subsid...
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