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INSTACART FUNDING
Hedge fund launched by Instacart cofounder Apoorva Mehta has AI call shotsInstacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, researc...- Big shakeup at OpenAI: COO Brad Lightcap shifts out of role; Fidji Simo to take medical leaveOpenAI faces major leadership changes as Brad Lightcap moves roles and Fidji Simo goes on health leave. Meanwhile, the company prepares for...
- Morgan Stanley's E*Trade in talks to lead SpaceX IPO share sale to small investors in US: SourcesMorgan Stanley's E*Trade is reportedly in talks to lead SpaceX's upcoming IPO share sales to everyday U.S. investors, potentially sidelinin...
- Instacart, DoorDash & Gopuff step up with big discounts as SNAP aid freezes - here's how to orderInstacart, DoorDash, and Gopuff are stepping in to help SNAP recipients. These companies are offering discounts and free services on grocer...
- Tinder-owner Match Group names new board directors after Elliott pushInstacart executive Laura Jones and Zillow cofounder Spencer Rascoff were named to the board after talks with activist investor Elliott Inv...
- Didn’t want my legacy to be defined by one company: Instacart founder Apoorva MehtaApoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the company’s board, still owns the largest stake in the fir...
- Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
- Instacart founder Apoorva Mehta exits with $1.1 billion fortune after IPOApoorva Mehta, co-founder of Instacart, is set to have a fortune of $1.1 billion following the company's IPO. Mehta stepped down as CEO in ...
- Instacart looks set for $13 bln valuation in market debutInstacart's strong debut, along with that of chip designer Arm and RayzeBio last week, could encourage other startups to test the waters an...
- Instacart set for Wall Street debut days after Arm's fiery entryA strong debut, like chip designer Arm and RayzeBio had last week, could encourage other startups to test the waters and potentially revive...
- Instacart goes from the supermarket to the stock market, raising $660 million with its IPOThe San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at ...
- Instacart raises IPO price range after robust Arm debutInstacart said it is now seeking to sell 22 million shares at $28 to $30 each. It was earlier aiming to sell those shares priced between $2...
- Instacart was all about grocery delivery, here's how it's different nowAs Instacart prepares to go public next week, it is a markedly different company. Envisioned in 2012 as a service that matched people at ho...
- Instacart reveals IPO filing, disclosing PepsiCo investment, profitabilityGrocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited sto...
- Grocery delivery app Instacart makes IPO filing publicThe U.S. initial public offering (IPO) market has shown signs of revival in recent months after a drought in 2022, as markets climb on bets...
- 2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
- Fidelity slashes Reddit, Stripe valuations after tech routFidelity funds cut Reddit to $39.65 a share from $61.79, where they had been valued for the previous nine months. Stripe shares were reduce...
- Instacart building micro-warehouses in an attempt to resurrect delivery edgeInstacart, the leading grocery delivery platform, will plan something bigger with Instacart micro-warehouses. Here, all grocers will access...
- Instacart valuation more than doubles ahead of tentative IPOInstacart, which reportedly has picked Goldman Sachs to lead its IPO, has raised $265 million in a funding round led by existing investors—...
- With fresh funding, Apoorva Mehta is taking the grocery delivery fight to AmazonThe money will help Instacart defend against programs like the one Amazon made public on Thursday: It’s testing free two-hour delivery of W...
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