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Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm ...- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Beyond automation: Why logistics firms are betting on agentic AIIndustry officials say agentic AI is helping supply chains move from “systems of record” to “systems of action”.
- Meta's Krishna Mehra joins Elevation Capital to lead AI investmentsThe appointment comes as Indian founders increasingly target global markets from day one. With 40% of Silicon Valley companies having India...
- FarEye launches initiative to mentor logistics startupsFarEye launches 'last-mile innovation nexus' for logistics startups with global experts. Kushal Nahata focuses on reducing costs. Event unv...
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- Financial services startup ESOPDhan looking to raise structured debt to drive growthESOPDhan is planning to go for raising structured debt from investors and large family offices, once its current corpus is fully used up.
- Most Indians ditch online shopping this festive season due to anticipated delivery delays & return complexitiesOver 50% of people made online returns during last year’s festive season.
- FarEye lays off 250 employees at time of appraisalThe e-commerce focussed software-as-a-service (SaaS) provider last year raised $100 million from series E
- Document workflows automation platform Nanonets raises $10 millionUsing APIs and no-code customization custom capabilities, Nanonets gives organizations the ability to update internal systems to automate d...
- FarEye announces second Esop buyback programme worth $1.2 millionFarEye will be performing this buyback of vested ESOPs using its cash reserves. Under this liquidation, eligible employees have the opportu...
- FarEye appoints Manoj Rathi chief financial officerRathi is a Chartered Accountant and holds a bachelor's degree in commerce from St. Xavier's College, Kolkata. He has worked in the IT servi...
- Credgenics raises $25 million funding from Westbridge Capital, othersThe funds will be used to expand into new demographics, strengthen the R&D, scale the core operations across India, improve client services...
- ETtech Deals Digest: One new unicorn, One big dealBanking tech firm Zeta became the 14th Indian unicorn so far this year after raising $260 million from SoftBank and others. Tata Sons has m...
- Logistics SaaS startup FarEye raises $100 million from TCV, othersFarEye’s existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round
- FarEye brings on board Dropbox’s Suvrat Joshi as chief product officerJoshi will drive the product vision and accelerate the company’s global product expansion with a key focus on the customer’s needs.
- Indian Angel Network plans to invest over Rs 100 crore in startups in 2021IAN co-founder Padmaja Ruparel said that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufactur...
- Tata Steel BSL partners with Fareye for digital transformation in logistic management“In this volatile situation in the world, to help us sustain our leadership position, we have made many interventions in our operation proc...
- Now, smart lockers solve your delivery dilemmasWith last-mile deliveries and repeated delivery attempts constituting almost 50% of cost for e-commerce players, industry trackers consider...
- Apparel brand Turms hit Rs 24 crore revenue rate, closes an additional Rs 2 crore seed roundTurms sells apparel starting at the Rs 799 price point, plans to break even in the next six to nine months.
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