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DATABRICKS IPO
Fund with stakes in SpaceX and Anthropic jumps 1,200% above asset valueThe Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre...- PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...
- Databricks valued at $134 billion in latest fundraise: ReportDatabricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics software startup bol...
- Will Databricks go public next year? CEO Ghodsi says focus is on winning, not timingAli Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to prioritise Ebitda and m...
- Wall Street IPO market is collapsing as November is set to be slowest month for Initial Public Offerings in 2025. What to expect in December, next year?IPO tracker: Some of the more anticipated big tech names that could go public in 2026 include AI-focused software company Databricks and gr...
- India is about world class tech talent, not low cost outsourcing: Databricks cofounderPatrick Wendell told ET that the company is betting on India as both, a key development hub and business market. He also said Databricks is...
- The return of the dragon, Ola seeks fresh fuelChinese phone makers boost India operations despite low margins. This and more in today's ETtech Top 5.
- Databricks projects $4 billion in annual revenue on surging AI demandIn the second quarter, the company serving around 15,000 customers including energy major Shell and electric-vehicle maker Rivian, surpasse...
- P2P lenders' RBI plea; GenAI dreams draw dollarsHappy Tuesday! P2P lenders are hoping for some respite from India’s central bank amid regulatory squeeze. This and more in today's ETtech M...
- Figma's stunning market debut wows investors: It is the largest VC-backed US tech company IPO in yearsFigma priced its initial public offering at $33 a share on Wednesday, above the expected range of $30 to $32 and stunned the Wall Street. T...
- Groww FY25 profit triples; Qcomm growth beyond metrosHappy Friday! IPO-bound fintech major Groww has reported a three-fold jump in its net profit for FY25. This and more in today’s ETtech Morn...
- TCS under visa lens; Musk’s Grok 3 is hereTata Consultancy Services (TCS) is facing scrutiny over its alleged misuse of L-1A manager visas in the US. This and more in today’s ETtech...
- 3 highly anticipated IPOs that investors should wait for in 2025IPO stocks are expected to see a bright year ahead this 2025, especially backed by the ongoing bull run at the US stock market, giving the ...
- Zepto’s cash burn; Razorpay grants EsopsZepto’s moves in the high-stakes quick commerce sector will determine how the sector evolves. This and more in today’s ETtech Top 5.
- Mobikwik's public market debut; taxing times for e-gamingOne Mobikwik Systems made a strong debut on the bourses on Wednesday. This and more in today’s ETtech Top 5.
- Databricks Secures Massive $10 Billion Funding Round, Setting New Heights with $62 Billion ValuationDatabricks has made headlines with a record-breaking $10 billion funding round, cementing its status as a tech powerhouse with a valuation ...
- India turning a C-suite magnet with quality talent: Snowflake CEOSridhar Ramaswamy, CEO of cloud data analytics company, Snowflake, says India is rapidly emerging as the hub of top business decision maker...
- AI company Databricks finds India on a different trajectory, invests moreDatabricks, under CEO Ali Ghodsi, prioritizes India for investments to support startups with data solutions. The Mumbai infrastructure serv...
- Indian startups in focus as Tiger Global eyes $6 billion venture fundTiger said that over the past years it has invested a majority of PIP (Tiger Global Private Investment Partners LP) 15 in early-stage enter...
- UPI Autopay goes mainstreamYou can now set up automatic monthly payments for your Netflix or Hotstar subscription without a debit or credit card, thanks to the Unifie...
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