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INDIAN STARTUP DEALS JUNE 2023
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...- Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
- Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
- 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.
- India, UK working to resolve issues for trade pact implementationIndia and the UK are actively resolving issues impacting their free trade agreement. Discussions are underway in London to operationalize t...
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- 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...
- French President Macron hails 'Chandrayaan-3' lunar landing as proof of India's innovation prowessFrench President Emmanuel Macron praised India's Chandrayaan-3 mission. He called it a prime example of India's innovation and technologica...
- PM Modi interacts with investors, venture capitalists in Nice ahead of Bharat Innovates 2026Prime Minister Narendra Modi met with top investors and innovation leaders in Nice, France. This event precedes the Bharat Innovates 2026 c...
- India's technological self-reliance to be on display at VivaTech 2026 in Paris: Jawed AshrafIndia is the AI Partner Country at VivaTech 2026 in Paris. The nation will display its advancements in sovereign AI capabilities and self-r...
- PM Modi, French President Emmanuel Macron to inaugurate Bharat Innovates 2026 in Nice todayPrime Minister Narendra Modi is set to make waves in Nice as he inaugurates Bharat Innovates 2026 alongside French President Emmanuel Macro...
- ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-yearStartups secured $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase. Hygenco Green Energi...
- Countering maritime contestation: India, France set to deepen undersea defence capabilitiesIndia and France are set to strengthen defense cooperation. Prime Minister Narendra Modi's visit to France will focus on accelerating key m...
- MEA appoints Rudra Gaurav Shresth as India's next Ambassador to TurkiyeSenior Indian Foreign Service officer Rudra Gaurav Shresth will be India's next Ambassador to Turkiye. Shresth, currently Ambassador to Ira...
- Air India's long history as it continues to face fallout from deadly crashInvestigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time....
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- PM Modi to attend G7 Summit, may meet Trump in FrancePrime Minister Narendra Modi embarks on a significant two-nation tour to France and Slovakia. He will attend the G7 Summit in France and a ...
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