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Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....- xAI's $20 billion fundraise; General Catalyst CEO on AIElon Musk's xAI has raised $20 billion in its latest fundraise, taking its valuation to $230 billion. This and more in today's ETtech Top 5.
- Elon Musk's xAI raises $20 billion in Nvidia-backed funding roundElon Musk’s AI startup, xAI, said on Tuesday that it has raised $20 billion in fresh funding from participants including Nvidia, exceeding ...
- Sweatshirts in the C-suite: The era of Gen Z CEOs unfolds as we enter 2026Gen Z graduates are increasingly launching startups, with 40% of top college alumni opting for entrepreneurship. Venture capital firms are ...
- Zepto expands Esop pool by $170 million to over $500 millionThe quick commerce startup is looking to float its IPO in the next few quarters. In the run-up to the share sale, it closed a $450 million ...
- Zepto closes $450-million round led by US pension fund Calpers; valuation hits $7 billionThe startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the B...
- Industrial analytics startup Infinite Uptime raises $35 million from Avataar Ventures, othersNew York-based funds StepStone Group and LGVP, besides existing investors Tiger Global and GSR Ventures, participated in the funding round ...
- ETtech Deals Digest: Startups raise $1.71 billion in June 2024, marking a 148% on-year increaseThe fundraise was done by startups in the early and late stages across 85 rounds, said private market intelligence platform Tracxn.
- Salesforce challenger Creatio raises $200 million, becomes 'unicorn'The funding, led by Sapphire Ventures, came after Creatio's revenue increased at 50% annually for a few years.
- ETtech Deals Digest: Startup funding soars to $748.5 million this weekStartups raised $748.5 million in the third week of June, with Mumbai-based Zepto securing $665 million. This marked an eightfold increase ...
- Pocket FM's 'Insta Empire' garners Rs 100 crore revenuePocket FM derives a majority of its revenue from microtransactions, which allow users to pay for shows that they want to watch. The audio s...
- Germany is the most preferred non-English-speaking job destinationGermany tops the list among non-English-speaking countries in a recent ranking of the most attractive places to work, with Australia leadin...
- Pocket FM completes first ever Esop buyback worth $8.3 millionPocket FM completes $8.3 million Esop buyback for 800 employees, with 25% Esops vested in the first year. Recently raised $103 million from...
- ETtech Deals Digest: Startup funding in March falls 37% to $623 millionTechnology startups raised $622.5 million in March 2024, a 37% decline from the previous year. Blume Ventures was a prominent investor, sup...
- Pocket FM raises $103 mn in Series D round from Lightspeed, Stepstone GroupPocket FM, a prominent audio entertainment platform, has secured $103 million in Series D funding led by Lightspeed, along with Stepstone G...
- Quick commerce startup Zepto raises over $31 million in extended funding roundThe fundraise was at the same valuation as the last funding round in August, when it raised $200 million at a $1.4 billion valuation, becom...
- Zepto sees 14x surge in FY23 revenue while losses tripleThe Mumbai-based company incurred a loss of Rs 1,272 crore in FY23, over three times wider than the Rs 390.4 crore posted in the previous y...
- Unicorn drought ends as Zepto raises $200 million at $1.4 billion valuationThe timing of Zepto’s fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the ...
- Suresh Prabhu sets out to woo superfunds from AustraliaAustralia’s superannuation fund, valued at $1.92 trillion as on December 2017, is one of the world’s largest and has exposure in various in...
- Citi to sell private equity businessesCitigroup says it has agreed to transfer the management of its private equity businesses to two private equity firms.
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