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Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...
- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- Sahi eyes $80 million from Accel Growth, Bessemer, othersNew-age stock trading platform Sahi, cofounded by Swiggy’s former chief technology officer Dale Vaz, is in advanced talks to raise $60-80 m...
- Deccan AI raises $25 million from A91 Partners, SIG, Prosus Ventures, eyes enterprise customersDeccan AI has raised $25 million in a round led by growth equity firm A91 Partners, with participation from Susquehanna International Group...
- ETtech Deals Digest: Startups raise $343 million this week, down 69% on-yearThe number of deals during the week was down significantly at 29, compared to 44 in the corresponding week last year.
- Visa processing startup Atlys raises $36 million led by Susquehanna Asia VCAtlys has secured $36 million in funding led by Susquehanna Asia VC, with support from existing investors and MakeMyTrip. The startup, proc...
- Snabbit in talks to raise $50–60 million led by Mirae Asset, BertelsmannOn-demand home help Snabbit, founded by Aayush Agarwal, is raising $50-60 million led by Mirae Asset and Bertelsmann India Investments, wit...
- Skydo secures Rs 90 crore in fresh fundingSIG led the round with an infusion of more than $7 million, Skydo cofounder Movin Jain told ET. With this round, the total funding raised b...
- Shajaeatan leads Rs 3,050cr stake buy in AWL Agri; Global funds join inShajaeatan Investment FZCO, based in Dubai, spearheaded the acquisition in AWL Agri Business. They secured 8.52% for ₹3,050 crore. Quant Mu...
- The Good Bug raises Rs 100 crore from Susquehanna Asia VC, FiresideFounded in 2022 by Keshav Biyani and Prabhu Karthikeyan, Mumbai-based The Good Bug develops probiotic and gut-focused health products targe...
- Big Tech wants to plug data centres right into power plants; Utilities say it's not fairTech companies' actions are raising questions about whether prioritising higher-paying customers will leave enough power for others, and wh...
- Wall Street bankers beaten in ‘Smartest’ chess tournamentWilliam Graif, a chess enthusiast, has competed in various countries and now focuses on teaching chess to children after participating in t...
- Karkhana.io raises $6.3 million in funding led by Arkam Ventures, Susquehanna AsiaThe funds will be used to expand its supplier base, establish a robust electronics supply chain, and drive scaling efforts in the United St...
- 'Fear gauge' futures close to signaling U.S. stock selling crescendoThe two nearest VIX futures last inverted in June, amid a bout of intense selling that drove the S&P 500 to its bear market low. The index ...
- Thailand-based e-commerce startup Zilingo bags $8-million in Series-A fundingApart from Sequoia, Venturra and SIG, others such as Beenext, Wavemaker Partners, Beenos and Digital Garage also participated in Zilingo’s ...
- Would like to see Infosys strategy & Sikka’s offers under new management: James FriedmanIf you look at the referendum over the last couple of years, Infosys is clearly better managed, was better managed, says James Friedman.
- Facebook investors get ready for more pressure as fresh shares enter marketFacebook shares will face more pressure when another 1.44 billion shares are freed up through November.
- Wipro comes under tax surveillance for 'Body shopping' after InfosysI-T dept hasn't yet made a claim, but has sent company a 'scrutiny notice' seeking details of services provided to clients for the assessme...
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