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FUNDING STARTUP
Success of Skyroot and Dhruva spawns spacetech startup wave in HyderabadIndustry estimates peg Hyderabad's spacetech ecosystem at around 95 startups, with 12-15 ventures added over the last two years. Together, ...
Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machineSanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now ...
Info Edge shares jump 4% as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 croreInfo Edge's stock surged over 4% as its artificial intelligence investments more than doubled in value, reaching Rs 1,268 crore. The compan...
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020Info Edge, the parent of Naukri, has significantly boosted its AI and deeptech investments, pouring Rs 1,003 crore into 54 startups since 2...
IIT Roorkee, IvyCap Ventures and NuQuant announce Rs 1,000 crore Super Endowment initiative to strengthen India’ s research, innovation and DeepTech ecosystemIIT Roorkee, in partnership with IvyCap Ventures and NuQuant, has launched a Rs 1,000 crore Super Endowment Fund to fuel India's deep-tech ...
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...
Lime plans to name Uber as anchor investor in IPO: reportSan Francisco-based startup Lime is backed by Uber Technologies. It filed to go public in the United States in May.
India's biggest space-tech opportunity lies downstream, not just in launchesSpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space st...
India on track for $1 trillion exports in FY27: Piyush GoyalIndia is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister ...
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...
L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
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...
AI lab Odyssey valued at $1.45 billion in latest funding roundAI lab Odyssey has secured $310 million in a funding round. This investment values the company at $1.45 billion. Natural Capital led the Se...
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
Korean food startup Gimi Michi raises $1 million led by IndiaQuotientFounded by IIM Ahmedabad alumni Nishank Goyal, Akhil Kumar, and Bodhi Rathor, Gimi Michi is building a Korean food brand for the Indian mar...
Cleantech startup SolarSquare raises $53 million in funding round led by B CapitalThe startup plans to deploy the fresh capital towards expansion into new cities, double down on technology capabilities, and expand its tea...
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: ReportIndustrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the c...