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CAPITAL CRUNCH IN STARTUPS
India’s protein boom runs into a whey crisis as prices surge 4X, shortages loomProtein-rich foods are becoming more expensive in India. Global supply issues and rising demand are pushing up the cost of whey, a key ingr...
Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days – here's why the AI startup is overtaking OpenAI in pre-IPO marketAnthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increas...
Peter Thiel’s Founders Fund raises $6 billion in its largest-ever haulPeter Thiel’s Founders Fund has secured a record $6 billion for its latest growth-stage fund, primarily from external limited partners. Thi...
Who is Parag Agrawal? This Indian-American CEO, fired by Elon Musk, is now leading a Rs 16,000 crore companyParag Agarwal has raised $100 million for his new AI startup called Parallel Web Systems and the worth of the company is around Rs 19,020 c...
Anthropic weighs new funding round at valuation exceeding $900 billion: ReportArtificial intelligence firm Anthropic is exploring a new funding round. This round could value the company at over $900 billion. This valu...
Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
Cursor may raise $2 billion at $50 billion valuation: ReportAI coding startup Cursor is close to securing over $2 billion in new funding. This investment could value the company at $50 billion. Retur...
'Show me the papers', bankers tell cos to guard against any FEMA violations falloutIndian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volat...
Gig worker shortage continues; IT weathers war jittersHappy Monday! Quick commerce, ecommerce and home service platforms are facing gig worker shortages. This and more in today’s ETtech Morning...
Physical Intelligence in talks to raise $1 billion at $11 billion valuationThis round of funding for the startup, founded in 2024 by AI researchers, including former Google DeepMind scientists, and focussed on deve...
Deeptech firms facing cash crunch despite govt pushAccording to the Frontier Tech 2025 report, the long development cycles, high R&D costs, and regulatory hurdles in deep tech demand patient...
2023 Year in Review: Secondary rounds may headline deal flow at startups next year tooRisk investors ET spoke with said secondary share sales are likely to continue in 2024, as the focus would be on the limited number of good...
Silicon Valley Bank collapse: top developments so farSilicon Valley Bank (SVB) — a prominent tech-focused bank managing funds of close to about 40% of US startups — was shut down by a Californ...
17% startups have shut shop, shows Ficci surveyConducted by Ficci along with the Indian Angel Network (IAN), the survey showed that more than 60% of Indian startups were operating with d...
Believe it or not, dozens of startups are hiring amid all the gloomBankBazaar, online marketplace for rates on loans, credit cards and other personal finance products, has announced plans to hire 400 worker...