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AI STARTUP VALUATION
He learned one lesson at his family's Michigan business. Now it's a $1 billion AI startupApurva Shrivastava, an Indian-origin entrepreneur who studied in MIT, founded Avoca after observing missed customer calls. This AI startup ...- Tech IPOs find stable ground in India’s deepening markets: B CapitalIPO pricing for venture-backed companies in India has stabilised as deeper markets, supported by domestic mutual funds, provide more stabil...
- SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- SpaceX and AI startup wealth fuels demand for private jetsThe IPO of Elon Musk's SpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and g...
- Instant help burn rises; TCS kicks off Q1 earningsInstant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch.
- TCS Q1 profit rises; Nandan Nilekani's biggest VC betTCS kicked off FY27 with growth in revenue and profit. This and more in today's ETtech Top 5.
- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- WestBridge Capital invests Rs 170 crore in Elevate EducationElevate Education has secured Rs 170 crore funding from WestBridge Capital. The company plans to expand its campus partnerships and technol...
- US chip startup SambaNova scores billion-dollar funding roundAmerican AI chip startup SambaNova secured $1 billion in new funding. This investment values the company at an impressive eleven billion do...
- Legal AI startup Norm Ai hits $1.2 billion valuation after $120 million fundingNorm Ai secured $120 million in a Series C funding round. This investment values the legal AI startup at $1.2 billion. The company has now ...
- Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
- OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
- Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cableThe consortium, whose other members include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NE...
- Sparrow Capital closes third fund at Rs 475 crore, means to write bigger chequesAbout 60% of the corpus came from global endowments, foundations, funds of funds, and family offices, and the rest from startup founders, o...
- 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 ...
- OpenAI leans toward waiting until next year for IPO, NYT reportsOpenAI may postpone its highly anticipated public launch until 2027, setting its sights on an ambitious $1 trillion valuation that CEO Sam ...
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