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FUND OF FUNDS FOR STARTUPS
Government mulls simplifying application process under Press Note 2 to ease FDI flow from border nations: SourcesThe government had relaxed FDI restrictions imposed under Press Note 3 for countries sharing land borders with India, such as China and Pak...- How Databricks’ $2.2 billion Tabular deal helped Tim Chen’s Essence VC nearly return its entire fundTim Chen wasn’t planning to raise a new venture capital fund when investors began approaching him. His investment in Tabular, acquired by D...
- Swiss AI drug trial startup receives funding from Spotify-backer CreandumAn AI foundation model, trained on about two million human RNA readouts, would replace these and animal testing with 12-week simulations, t...
- Who are the biggest investors backing Anthropic? A look at key stakeholdersAnthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading vent...
- Meet Amos Miller, man who lost his sight in his 20s, built an AI-powered robot to help blind people navigate easiliyMiller has reportedly worked at Microsoft Research, where he led development of Soundscape, a spatial-audio navigation app designed to help...
- Anthropic's top investors include Amazon, Google, Fidelity ManagementAnthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuatio...
- YC-backed healthtech startup BioStack raises $9.5 million from Peak XV, DCVC, othersThe Y Combinator-backed startup, which operates across India, the US, Brazil and Argentina, has access to more than 100 million de-identifi...
- Tech reporter’s remarks on Indian VCs set off debate on India’s deeptech startup sceneThe discourse surrounding Ashlee Vance's comments on Indian VC risk aversion has generated a flurry of insights online. Vance suggested tha...
- Unacademy founders plan AI fund; Flipkart’s premium pushHappy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch.
- Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fundThe fund, named Longshot Capital, has secured commitments of about Rs 300 crore and is targeting its first close in January 2027, following...
- Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCsMunjal cited companies such as Astrotalk, Airbound and Sarvam AI as examples of startups that have been able to raise capital and grow quic...
- ETtech Deals Digest: Even, Different lead as weekly funding hits $246 million, down 27% on-yearEven Healthcare led deal activity with $50 million, followed by Different at $48 million, Baba Care at $40 million, and AuxoAI at $20.7 mil...
- Afore Capital began backing pre-seed startups in 2017; 8 years later, its portfolio was valued at $13.5 billion and it had returned $47 million to investorsAfore Capital is changing how it backs new businesses. Its new $185 million fund will support both startups with clear business plans and f...
- Meet Shruti Gandhi, who launched Array Ventures in 2016; 8 years later, her first fund had returned all its capital to investorsGandhi announced the achievement in a year-end update in February 2025. It claimed that Array Ventures fully returned its 2016 Fund I in th...
- Algebra Ventures closed a $54 million fund; 4 years later, six portfolio companies were valued at over $350 millionIts first fund invested in reportedly 21 startups across Egypt and the wider Middle East and North Africa region. The portfolio included bu...
- AI startup ASI valued at $3 billion in latest funding roundArtificial intelligence startup ASI said on Tuesday it had raised $325 million in a funding round valuing the company at $3 billion, amid g...
- Textiles Ministry identifies 4,000 startups for export growth supportThe textiles ministry has identified over 4,000 textile-based startups for support to scale up and become export-ready over the next three ...
- Who is Rex Salisbury? Man who started Cambrian Ventures; by 2025, its $20 million First Fund had backed 33 startups, about half reaching Series ASalisbury's Cambrian Ventures has one simple task, and that is focusing on early-stage financial technology companies. They are commonly kn...
- HSBC deploys over half of $1 billion India startup fund: Top bank officialHSBC has deployed more than half of its $1 billion India startup financing commitment within a year and is open to raising the limit as dem...
- ETtech Deals Digest: Boldfit, GreenCell lead as weekly funding hits $232 million, down 45% on-yearBoldfit led deal activity with $41.5 million, followed by GreenCell Mobility at $34.5 million, Inner Sky Labs at $30.9 million, and Scimpli...
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