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Modal Labs valued at $4.65 billion as AI coding takes offAI startups have been whipped by two shifts this year: the surge in AI coding and the increasing scarcity of computing power. Modal Labs is...- From rejecting Rs 4 cr job offer to founding a Rs 570 cr startup: How this IIT alumnus from a poor background convinced parents to make a big betAn IIT-Kharagpur graduate rejected a ₹4.3 crore job and Stanford PhD to co-found Giga, an AI startup that recently raised $61 million. Desp...
- AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automationThe new funding brings Serval's total capital raised to $127 million. The San Francisco-based company was valued at $232 million in August,...
- ETtech Deals Digest: Startups raise $1.7 billion in November so far, up 3x on-yearIndian startups raised about $1.7 billion in funding between November 1 and 28, marking a more than threefold increase from November 2024, ...
- AI accounting startup Maxima raises $41 million in Kleiner Perkins-backed roundArtificial intelligence startup Maxima has raised about $41 million from investors including Redpoint Ventures and Kleiner Perkins as it lo...
- ETtech Deals Digest: Startups raise $297.5 million this week, up 208% on-yearDespite the higher value, the number of deals during the week was down at 22 transactions, compared with 36 in the corresponding week last ...
- Israeli cybersecurity startup Vega raises $65 million, valued at $400 millionThe funding, which included so-called seed and Series A funding, was led by venture capital fund Accel, with participation from venture cap...
- Israeli data security firm Cyera raises $540 million, value doubles to $6 billionCyera said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its...
- Healthcare startup Abridge raises $250 million to enhance AI capabilitiesInvestors in the funding round included Lightspeed Venture Partners, CVS Health Ventures, Redpoint Venture and NVentures - Nvidia's venture...
- Fintech firm Ramp raises $300 million at lowered valuation of $5.8 billionThe new funding is at a lower valuation from the $8.1 billion achieved by the New-York based startup in a funding round last year, a spokes...
- New York-based startup Ramp to introduce AI tools for tracking business costsThe New York-based startup, which offers a corporate card platform used by over 15,000 businesses, has raised $1.4 billion from a slew of i...
- Airmeet bags $12 million in funding led by Sequoia Capital IndiaAirmeet claims it is already doing around 1,000 events a month and has a base of close to one million users, which is growing at around 25%...
- Obopay seeks $25 million in strategic investmentObopay just bagged a $15 million order from Banque Atlantique in Africa, after proving deployment of Airtel Money in Uganda and Kenya.
- Used-car startups lure buyers online away from dealer lotsPeople have demonstrated they are willing to purchase vehicles online, with technology, "taking fat out of the distribution channel, provid...
- Apple hires Flipboard co-founder Evan Doll for health software roleDoll became a director of health software engineering at Apple last month, according to LinkedIn, which doesn’t expand further on his role.
- China's Apus Group plans to invest Rs 300 crore in Indian startups, create 500 jobs in three yearsApus Group aims to increase the number of Apus users in India to 80 million by the end of this year from 30 million at present
- Chinese VC firms set aside Rs 300 crore to invest in Indian mobile internet companiesEarlier in September, ET reported that the APUS entity had set aside Rs 100 crore to invest in early-stage firms over the next 3-4 years.
- 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 ...
- MapR Technologies closes $110 million financing led by Google CapitalMapR Technologies has completed a US $ 110 million financing, led by Google Capital, which will be used to expand its big data and analytic...
- Mig33 raises $8.9 mn to expand in IndiaThe five-year-old firm received $8.9 million of capital from a slew of investors led by Indonesian telecom entrepreneur Pak Sugiono Wiyono ...
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