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LinkedIn cofounder Reid Hoffman to step down from Microsoft's boardReid Hoffman, the cofounder of LinkedIn, will step down from Microsoft's board of directors. He will not stand for re-election at the 2026 ...- OpenFX secures $94 million in round led by Accel, AtomicoLightspeed, Faction VC, M13, Northzone, and Pantera participated in the funding round of the cross-border payments infrastructure startup. ...
- Ex-Paytm exec Varun Sridhar joins Aspora as CEOVarun Sridhar, formerly of Paytm Services, has joined Aspora, a fintech platform for the Indian diaspora, as CEO of its wealth and lending ...
- Figma IPO windfall: VCs net billions, who bagged how much?The stock jumped 250% on the first day of trading, giving the tech company a market cap of $61.5 billion. The company raised $1.2 billion t...
- Listing or blitzing?! Figma stock soars 250% higher on Day 1 on Wall StreetFigma Inc. witnessed a remarkable 250% surge on its IPO debut, marking the largest first-day increase for a US-traded company exceeding $1 ...
- ETtech Deals Digest: Startups raise $159 million this week, down 7% on-yearThe funds were raised through 14 transactions during the week, down from 36 in the year-ago period.
- Fintech startup Aspora secures $53 million in Series BFounded in 2022, Aspora serves 250,000 users, facilitating easy remittances to India and saving users over $15 million in fees. The company...
- Cross-border digital payments startup Aspora raises $93 million from Sequoia Capital, Greylock and othersAspora, a London-based cross-border payments startup backed by Y Combinator, has secured $93 million in equity funding across three rounds ...
- Greylock-backed Resolve AI raises $35 million in seed funding to help engineersResolve AI, a startup aiming to automate software operations, has raised $35 million in seed funding. Founded by a former Splunk executive,...
- US-based Instawork acquires Bengaluru-based Able Jobs for undisclosed amountTill now, Able Jobs has raised $2.3 million from Elevation Capital, Y Combinators, Titan Capital, Mynavi, FirstCheque and super angels Neer...
- OpenAI buys database analytics company Rockset in 9-figure stock dealMicrosoft-backed OpenAI acquired database analytics startup Rockset to enhance its enterprise products, the ChatGPT maker announced. The de...
- LinkedIn cofounder Reid Hoffman leaves OpenAI's board to avoid conflict of interestLinkedIn cofounder Reid Hoffman is leaving OpenAI's board to avoid conflicts of interest as he backs more artificial intelligence companies.
- Neeva raises $40 million in Series B funding from Sequoia, othersNeeva, a subscription-only search engine, will use the funding to make search better in commercial verticals.
- Premji Invest backs California-based enterprise Co ZuoraZuora had last raised $50 million from investors like Vulcan Capital, Greylock Partners, Index Ventures and Redpoint Ventures in September ...
- Hackathons: A place where startups and ideas are bornAbout seven startups were born out of the ideas that originated at the hackathon and bunch of companies ended up working for the startups a...
- AppDynamics raises $120 million; to invest in sales expansionApplication solutions firm AppDynamics said it has raised $120 million in growth financing, led by new investors Battery Ventures & others
- 11 Indian-Americans in Forbes Midas's best venture investorsThe 'Midas List' of the 100 best venture capitalists in the world for 2014 has been topped by Jim Goetz, partner at firm Sequoia Capital wh...
- E-commerce Industry: Online price war forces Taggle to shut shopIn the first sign of an impending shakeout in the Indian e-commerce industry, online retailer Taggle shut operations last week
- LinkedIn founder reclaims CEO jobHoffman's return as chief executive, announced Wednesday, comes as a surprise, given LinkedIn's success since he recruited Dan Nye to take ...
- LinkedIn's worth $1 bn, say venture capitalistsFour venture capital firms are betting Internet startup LinkedIn Corp. is worth $1 billion, highlighting the lofty hopes riding on online s...
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