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PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Peak XV in talks to back Ringg AI as voice AI gains attention: SourcesPeak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor ent...
- Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding roundThe company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI ra...
- DeepMind CEO Demis Hassabis’ Isomorphic Labs raises $2.1 billion led by Thrive CapitalAI-driven drug discovery firm Isomorphic Labs secured a massive $2.1 billion in Series B funding. This capital will fuel the expansion of t...
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- ETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-yearThe number of deals during the month, however, was down at 94, compared to 237 in the corresponding month last year.
- Apple Pay’s India challenge; TCS hiring pushHappy Tuesday! Apple Pay faces pricing challenges as it works to launch in India. This and more in today’s ETtech Morning Dispatch.
- Rhoda AI raises $450 million at $1.7 billion valuation, unveils robot intelligence platformRhoda AI on Tuesday said it has raised $450 million in a Series A funding round that values the company at $1.7 billion and unveiled a robo...
- South Korea's Lee to hold summit with Singapore's Wong on AI, tech cooperationThe leaders are expected to announce the start of negotiations to upgrade their existing free trade agreement, said South Korea's presiden...
- Info Edge launches first growth-stage investment vehicle; commits Rs 250 croreNaukri.com parent Info Edge has set up a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedi...
- Vidit Aatrey on Meesho’s IPO; big gains for early backersIPO-bound Meesho sees no slump in ecommerce demand in India. This and more in today’s ETtech Top 5.
- BlackRock, Nvidia-backed group strikes $40 billion data center deal to fuel AI boomThe deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to power artificial intelligence...
- AI vision: Founder Peyush Bansal bets on ‘small, beautiful’ deals to bolster Lenskart’s tech capabilitiesSpeaking at Shiprocket's Shivir, AI Commerce Edition: Made for Bharat, Bansal said acquisition is a good way to speed up technological stre...
- Lenskart invests undisclosed sum in Ajna Lens, a deeptech company building AI-powered glassesThis comes at a time when Lenskart is looking to list on the stock exchanges. On June 6, the company converted itself into a public limited...
- Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructureTemasek has joined the AI Infrastructure Partnership, a $100 billion initiative backed by Microsoft, BlackRock, MGX, and others to fund AI ...
- AI startup Blaize raises $106 million in fundingAI firm Blaize secures $106M funding from multiple investors. No valuation disclosed. Interest in AI sector grows post OpenAI's ChatGPT lau...
- Singapore's Temasek in talks to invest in OpenAI: reportSenior executives at Singapore's state investment firm have met ChatGPT maker's CEO, Sam Altman, multiple times in recent months, the repor...
- ETtech Deals Digest: Late-stage investment in e-scooter makers boosts funding activity for startupsThe total funding in late-stage startups, driven by Ather and Ola Electric, amounted to $292 million, accounting for nearly two-thirds of t...
- SoftBank sheds another 2% in Paytm; will approach GST Council on 28% tax once gaming rules in place: ChandrasekharIn May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...
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