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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...
- Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...
- 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...
- 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...
- Ecommerce enablement platform Shiprocket to mop up $26 million from a clutch of investorsUS conglomerate Koch Group, Japan-based MUFG Bank, Silicon Valley investor Tribe Capital, Susquehanna International Group, and Huddle Ventu...
- 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...
- Many people and companies have made millions on Trump media's stockThe biggest beneficiary is Trump, the company's largest shareholder, whose stake is worth more than $5 billion, on paper. No other sharehol...
- ByteDance plans for maximum of nine board directors: sourceThis week Reuters reported that TikTok, the popular short video app, could face a fine of $29 million in Britain after an investigation sho...
- '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 ...
- Nervous S&P500 traders bet the market’s best days are behind itFrom options trading to stock preferences to the direction of retail money flows, signs of trepidation are budding in a market where $27 tr...
- 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 ...
- Infosys in a mess: March quarter results disappoint as turnaround looks long way offInfosys' Q4 results proved a big letdown for investors and analysts as signs of sustainable reversal of fortunes at the firm were conspicuo...
- 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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