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Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh AsifTwo young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a ...- Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- OpenAI let employees cash out up to $30 million each in share sale last year: ReportOpenAI employees, both current and former, collectively sold $6.6 billion in shares during a secondary transaction in October 2025. This sa...
- Digital platforms, autos, and a shifting consumption story: Ashi Anand maps the market’s next phaseIndia's equity markets are seeing a leadership shift, with digital platforms and select auto segments driving growth. Ashi Anand of IME Cap...
- Why MF expense ratios are showing higher numbersMutual fund expense ratios are rising due to new Sebi guidelines mandating the inclusion of trading-related costs in the Total Expense Rati...
- AIF returns explained: Why high alpha may exist on paper, not in cash returned to investorsAlternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash...
- Sports startups cash in on India’s everyday athlete economy boomA surge in sports participation is fueling a boom in platforms for everyday athletes. Startups are making it easier to book courts and find...
- Sammaan Capital sells Rs 5,000 crore loan portfolio to stressed loan aggregator ArcilSammaan Capital sold a ₹5,000 crore stressed loan portfolio to Arcil at about a 52% discount, valuing it near ₹2,400 crore in one of the la...
- Anthropic completes tender offer, but employees hold onto sharesThe total value of the share sale, which closed last week, could not be learned — but it fell short of the amount that investors had lined ...
- BharatPe's point of sale vertical turns profitableBharatSwipe contributes over 20% to the overall payments transaction processed value of the company annually. BharatPe has an installed bas...
- POS business grew to $4 billion annualised transaction value, deployed over 1.25 lakh machines: BharatPeBharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and since the launch in the second hal...
- BharatPe eyes $6 billion in annualised transaction processed value from PoS businessThe company will also add loyalty and rewards features to the POS devices to aid merchants' business growth and drive increased consumer fo...
- BharatPe eyes $5 billion annualised transaction value from PoS biz in FY21The point of sale (PoS) business now contributes to 25 per cent of the annualised transaction value, according to a statement.
- UrbanClap finds a sweet spot, FY19 revenue up 150% to Rs 116 croreThe company said the orders represented an annualised gross transaction value of about Rs 1,000 crore, and an annualised revenue run-rate o...
- PhonePe hits $20 billion annualised gross transaction run ratePhonePe is pushing its offline payment systems hard, specifically through its Bluetooth physical point of sales (PoS) terminals.
- Shopclues eyes $1 billion GMV by early next yearThe Tiger Global-backed company, which has a market share of "under 10 per cent", hopes to corner 15 per cent share of the online marketpla...
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