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WIZ VALUATION
Indian IT's Anthropic bloodbath; Fractal CEO interviewIT stocks fall amid fears that new AI tools from Anthropic could threaten jobs. This and more in today's ETtech Top 5.- Dream11’s homecoming; Apple’s bigger India biteHappy Monday! Dream Sports, Dream11's parent has relocated its domicile to India from the US. This and more in today’s ETtech Morning Dispa...
- Wiz’s $32 billion win signals return of tech startup acquisitionsStartup acquisitions have surged thos year, with 11 sales over $1 billion totalling $54.5 billion, surpassing previous records. Key deals i...
- Alphabet's $32 billion Wiz deal promises windfall for VC backersThe $32 billion all-cash Wiz deal on Tuesday marked a major win for about 25 firms on Wiz's cap table, according to PitchBook, a rarity in ...
- Explained: Inside Google's $32 billion Wiz deal, the biggest move to boost cloud securityGoogle to buy cloud security startup Wiz for $32 billion. Upon completion of the deal, Wiz will become part of Google Cloud. Google will le...
- Warburg Pincus-backed cybersecurity firm eSentire explores saleESentire - which is owned by investment firms Warburg Pincus, Caisse de depot et placement du Quebec (CDPQ) and Georgian - is working with ...
- Google acquisition target Wiz another fruit of Israel's military intelligenceGoogle's parent Alphabet is in advanced talks to acquire Israeli cybertech firm Wiz, co-founded by Assaf Rappaport and Yinon Costica from U...
- Read the full text of Byju Raveendran's letter to shareholders on rights issue, board restructuringByju Raveendran informs shareholders that the $200 million rights issue is fully subscribed, emphasizes the importance of all shareholders ...
- Read the full text of Byju Raveendran's letter to shareholders on rights issue, board restructuringRaveendran reiterated in his note that a few vested interests are acting against the company at a time when it is facing a severe cash crun...
- Israel's tech sector reels from SVB collapse, proposed judicial reformNicknamed "Startup Nation", Israel's economy has ridden a wave of tech success with a sector that employs just 10% of the country's workfor...
- E-commerce on the menu for Swiggy; some edtech startups stay bullish amid layoffs; Inventus rebrands to AtheraSwiggy, which earns 75% of its revenue from its food business, has been exploring options to increase its revenue stream from other vertica...
- ETtech Deals Digest: Games24x7, Pine Labs, Finova, IndMoney, others raise fundsGaming platform Games24x7 has raised $75 million in a funding round that was led by Malabar Investment. Edtech startup Classplus, which hel...
- UPI hits new milestone of 5B monthly transactions; SoftBank to slow tech investmentsIn a boost for digital payments, transactions under the Unified Payments Interface (UPI) crossed the 5-billion count for the first time in ...
- SaaS space heats up with big deals at Chargebee, Innovaccer as valuations soarInvestors continue to back Indian cross-border enterprises building products that attract global clients
- CleverTap raises $35 million led by Sequoia, now valued at $385 millionCleverTap will use the proceeds to build out its Los Angeles-based engineering hub and expand its footprints across geographies.
- Cricketer MS Dhoni chooses Coca-Cola’s Powerade for endorsement3 -year endorsement deal for sports drink pegged at about Rs 15 crore.
- Sequoia Capital leads $26 million funding round in CleverTapRound saw NY-based Tiger Global Management coming in as a new investor in the mobile analytics and mobile marketing platform, which is now ...
- Ask ET Mutual Funds: Where can I invest a lumpsum of Rs 1.5 lakh?If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
- Innovative ideas will continue to get funded even as entrepreneurs hunker down to seek out paths to profitsSome of the valuation exuberance in the past moved the focus away from value differentiation and demonstrating sustainable business metrics...
- Early-stage startups are also seeing significant inflation in deal sizes and valuationThe median size of angel-funding rounds more than doubled to Rs 1.38 crore in the last year, and median valuation surged 35 per cent from a...
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