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Cybersecurity firm Mitigata raises $15 million funding led by Bessemer Venture PartnersBengaluru-based cybersecurity firm Mitigata has secured $15 million in a funding round led by Bessemer Venture Partners. The capital infusi...
Syrma SGS, Kaga Electronics to form manufacturing JV with focus on Japanese clientsSyrma SGS will hold a 60 per cent stake in the joint venture company (JVCo), and the rest will be held by the Indian arm of Japanese firm K...
Lessons from the roadWith Father’s Day just behind us, Classic Legends co-founder Boman Irani opens up about his father’s resilience, curiosity and drive to suc...
OpenAI alumnus Shyamal Anadkat returns to India, teases AI ventureCalling the current AI wave a "once in a generation opportunity", former OpenAI executive Shyamal Hitesh Anadkat has returned to India, and...
OnFinance AI founder criticises All In Capital for not investing, apologisesBengaluru fintech founder Anuj Srivastava apologised after publicly criticising venture firm All In Capital for not investing in his startu...
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
Digital entertainment firm Rusk Media bags Rs 100 crore in funding led by Nazara TechDigital entertainment firm Rusk Media has secured Rs 100 crore in a funding round. Nazara Technologies led the investment with participatio...
Pet care firm Vetic raises $40 million led by Bessemer Venture PartnersVetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new...
AI lab Odyssey valued at $1.45 billion in latest funding roundAI lab Odyssey has secured $310 million in a funding round. This investment values the company at $1.45 billion. Natural Capital led the Se...
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...
Harmony Infra Ventures to invest Rs 800 cr in luxury housing project in Delhi-NCRHarmony Infra Ventures is investing Rs 800 crore in a new luxury housing project called The Horizon Residences in Indirapuram, Ghaziabad. T...
Cyber warfare firm Twenty valued at $1 billion in latest funding roundCyber warfare startup Twenty has secured $100 million in a funding round. This investment values the company at $1 billion. Accel led the r...
Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systemsItalian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motor...
Deeptech VC YourNest closes Rs 400 crore continuation fundYourNest Venture Capital has launched a Rs 400 crore continuation fund, YourNest Continuum Fund I, anchored by HDFC AMC. This fund will inv...
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.