Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
Wealthtech firm PowerUp Money raises $10 million led by Flourish VenturesPowerUp Money was founded in 2024 by Jindal, who had previously cofounded Uni Cards. It offers mutual fund advisory services to retail inve...
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
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...
Urban Company taps Morgan Stanley for Rs 2,500 crore QIPA significant portion of the proceeds is expected to go towards InstaHelp, its instant house help business, which has been incurring heavy ...
Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
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...
Timeline: Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...
Pronto founder Anjali Sardana sets up US-based physical AI venture Provision LabsAnjali Sardana has launched Provision Labs, an innovative startup dedicated to collecting essential data for artificial intelligence system...
Zetwerk’s early backers sit on up to 36x returns post listingThe listing provides liquidity for investors who backed an industrial business when venture funding largely favoured software and consumer ...
How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribedHappy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Di...
Zetwerk IPO fully subscribed; Super.money triples revenuesZetwerk’s Rs 5,012-crore IPO was subscribed 3.06 times on Monday, the last day for bids. This and more in today’s ETtech Top 5.
Zetwerk IPO subscribed 3 times, retail portion falls shortIndustrial and consumer goods manufacturer Zetwerk counts wind turbine maker Siemens Gamesa, Acer India, NTPC Renewable Energy, and the Ind...
Snabbit reports net loss of Rs 168 crore, revenue of Rs 12 crore in FY26Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in A...
Can Zetwerk Manufacturing IPO deliver long-term growth for high-risk investors?Zetwerk Manufacturing is planning to raise ₹2,830 crore through an IPO while also aiming for ₹2,182 crore from an offer for sale. The compa...
Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPOThe Bengaluru-based company allotted 149.1 million equity shares at Rs 151 apiece, the upper end of its IPO price band of Rs 143-151, accor...
VCs clip all love & cash on agentic AIAs personal AI agents transform the consumer internet, Indian VCs are shifting the focus from attention-grabbing apps to intent-driven assi...