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Invest in India before it's too Late: Piyush GoyalInvestors and venture capital funds are urged to invest in India now. Minister Piyush Goyal stated India's investment ecosystem is ready. T...- Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Indian VCs turn to US AI startups in search of bigger returnsIndian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.
- Deeptech VC YourNest closes Rs 400 crore continuation fundYourNest Venture Capital has launched a Rs 400 crore continuation fund, YourNest Continuum Fund I, anchored by HDFC AMC. This fund will inv...
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
- Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
- Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
- DLI-backed chip companies call for government procurement supportIndian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...
- VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
- VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
- Former Paisabazaar CEO Naveen Kukreja eyes $9-million raise for new wealthtech betFormer Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retai...
- Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 yearsVC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innov...
- Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
- IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption FundThe three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stag...
- 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 ...
- After deeptech firms, expect RDIF rollout for Indian VCs soonLast month, close to 20 Indian investors, which included Ideaspring Capital, Speciale Invest, Chiratae Ventures, Sixth Sense Ventures, and ...
- 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....
- Indian VCs expand US footprint to tap AI boom earlyIndian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. ...
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