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BENGALURU STARTUP FINANCIAL TROUBLES
Amazon open to acquisitions in India, says CEO Andy JassyAsked whether Amazon would consider acquisitions in the quick commerce space and whether it might invest in homegrown AI companies such as ...- VCs pivot to EV infra & energy storage in new $65 million funding waveSeveral Indian battery-tech and energy transition startups are actively seeking to raise approximately $65 million, signaling a potential r...
- No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
- UK overtakes India in global unicorn rankings as AI-driven valuations surge: HurunIndia has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India'...
- Healthcare startup Superliving raises $7 million led by LightspeedFounded by former Pocket FM executives Manavdeep Singh Grover and Gurjot Kaur, the startup is building an AI-powered preventive health and ...
- Bengaluru startup Airbound ties up with Andhra Pradesh to build drone delivery networkBengaluru's Airbound is partnering with Andhra Pradesh Drone Corporation to launch a massive drone delivery network in the Amaravati Capita...
- SFIO to probe Rajesh Exports over SEBI's fraud allegationsAuthorities are intensifying scrutiny on Rajesh Exports. The Serious Fraud Investigation Office will probe the gold refining giant followin...
- Rajesh Exports under ED lens after probe finds missing records and Rs 3,000 crore opaque transactionsThe Enforcement Directorate has uncovered significant suspected violations of the Foreign Exchange Management Act (FEMA) during searches at...
- Kunal Shah net worth and his inCREDible journey to Meta's WhatsAppKunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's...
- MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, EuropeCustomer engagement platform MoEngage has acquired AI startup Aampe, bolstering its artificial intelligence capabilities. MoEngage cofounde...
- Karnataka proposes defence manufacturing policy consultationsKarnataka is spearheading efforts to bolster India's defence manufacturing capabilities with a proposed long-term policy, a dedicated singl...
- Family bankruptcy meant Kunal Shah could not afford BTech, studied philosophy and did data entry operator jobs. Cred founder is WhatsApp's new global bossKunal Shah’s journey to becoming Meta’s new global head of WhatsApp is far from the typical startup success story. After his family went ba...
- Not wealth creation or investing: Bengaluru CA shares one 'middle-class' financial lesson from her father she never forgotA Bengaluru chartered accountant shared a profound Father's Day message, revealing her father's most valuable financial lesson wasn't about...
- Deeptech startup BioCompute is moving out of India; founder explains whyFounded in 2024, BioCompute is developing DNA-based data storage technology that converts digital data into synthetic DNA sequences, enabli...
- Your father earned far less but built more wealth. Bengaluru CA explains how they turned their money into assetsMany high earners today struggle to build wealth, despite significantly higher incomes than previous generations. Chartered accountant Meen...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- 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...
- Urban mobility, cyber safety and sustainable urban development among top priorities for Bengaluru: Priyank KhargeBengaluru's IT/BT Minister Priyank Kharge has identified urban mobility, cyber safety, and sustainable development as key priorities for th...
- 'Getting land in Bengaluru more difficult than making satellites': Startup founder's tweet sparks Andhra-Karnataka investment warA startup founder's frustration over land acquisition for a satellite factory near Bengaluru has ignited a fierce competition between Karna...
- Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem valueBengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 20...
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