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VENTURE INTELLIGENCE
Pi Ventures explores Fund I exits amid investor scrutiny over returns, governanceFounded in 2016, Pi Ventures launched its first fund with a corpus of about $30 million, focussed on artificial intelligence (AI) and deept...- Venture capitalist Chamath Palihapitiya's 8090 raises $135 million led by Salesforce VenturesAnnounced by Palihapitiya on Monday, the round also drew participation from WNDR, Craft Ventures, The Production Board, and LAUNCH, along w...
- India's startup engine at risk? Rs 91,500 crore, 2.45 lakh jobs under threat from digital rules, says reportA new report warns that stricter digital regulations in India could cost the startup ecosystem Rs 91,500 cr in annual venture capital and l...
- AI startup Rocket in talks to raise $40-50 million: sourcesIf completed at the current terms, the round will mark a sharp re-rating for the company less than a year after it raised $15 million from ...
- Ambient intelligence: How AI is becoming omnipresent in our lives and the implicationsAmbient intelligence, once a futuristic concept, is now a consumer reality with AI embedded in everyday devices like smart glasses and ring...
- He didn't just learn AI; he turned it into a Rs 1 crore-a-month business by teaching othersA 13-year-old Ayush Singh transformed pandemic curiosity into a thriving AI business, reportedly earning Rs 1 crore monthly. He bypassed tr...
- AI startup General Intuition raises $320 million from Khosla Ventures, General Catalyst, Jeff BezosGeneral Intuition describes itself as a "frontier lab for acting in space and time.” It focuses on the development of large action foundati...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- ‘Future is atoms, not bits’: Sridhar Vembu reveals where Zoho is betting its R&D dollarsZoho founder Sridhar Vembu is championing a significant investment in research and development-led manufacturing, aligning with the view th...
- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- Global Market: China's 'future industries' investment boom sparks valuation bubble concernsChina is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. Thi...
- Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by MayfieldFormer Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed ...
- A16z crypto leads $33 million bet on compute marketplace OrnnCompute marketplace Ornn has secured $33 million in a funding round led by a16z crypto, with participation from Galaxy Ventures and others....
- No IIT, IIM degree, yet Rs 1 crore monthly income at 19: How a co-founder used his laptop with patchy internet to build an AI businessA LinkedIn post by Topmate co-founder and CTO Dinesh Singh has brought attention to 19-year-old AI entrepreneur Ayush Singh, who reportedly...
- Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- RIL's call to list Jio Platforms could unlock up to 35% valueReliance Industries shares surged as investors anticipate significant value from the upcoming Jio Platforms IPO, alongside advancements in ...
- AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
- OpenAI alumnus Shyamal Anadkat returns to India, teases AI ventureCalling the current AI wave a "once in a generation opportunity", former OpenAI executive Shyamal Hitesh Anadkat has returned to India, and...
- ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
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