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Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
Indian VCs expand US footprint to tap AI boom earlyIndian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. ...
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
Experts flag data spills as house-help platforms bring physical AI homeRecent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosy...
Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
OpenAI goes all out to charm Indian codersOpenAI personnel are spending more time in India to understand the ecosystem and offer products and services that fit the market. Their con...
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, othersYoung Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise ...
Oolka raises $14 million led by AccelBengaluru's Oolka, a fintech startup, secured $14 million led by Accel, with Lightspeed and Z47 also participating. The funds will bolster ...