In 1996, Tim Draper bought Hotmail shares for $300,000. 2 years later, Microsoft acquired the startup for $400 millionMicrosoft announced the Hotmail acquisition on December 31, 1997. It did not reveal how much it paid for the company. A later securities fi...
01 Oct, 2026, 09.15 PM IST
Dodging SaaSocalypse: AI’s enterprise moment could belong to IT servicesITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT ma...
30 Sep, 2026, 11.19 PM IST
Ex-Livspace duo’s interiors startup Gravity raises $15 million from 3one4 Capital, Info Edge, othersLivspace cofounder Saurabh Jain’s new home interiors venture Gravity has raised $15 million in equity and debt, led by 3one4 Capital and In...
30 Sep, 2026, 05.04 PM IST
Anthropic IPO explained: $2 trillion valuation, ballooning net loss, AI risks and other details in leaked IPO papersAnthropic is preparing for a potential IPO as its revenue surges, but losses and infrastructure commitments balloon. The AI company has als...
30 Sep, 2026, 02.15 PM IST
Ecommerce's festive push; Vertex's AI betsHappy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning...
30 Sep, 2026, 09.00 AM IST
Anthropic's IPO prospectus shows sweeping AI vision, surging costsBut the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on clou...
29 Sep, 2026, 05.33 PM IST
- Peak XV’s Surge programme selects 18 startups for 12th cohort after revamp
The new cohort announcement comes as the VC firm revamps Surge, bringing it closer to the firm’s broader early-stage investment practice an...
29 Sep, 2026, 01.23 PM IST
Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 lossAnthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its r...
29 Sep, 2026, 08.24 AM IST
Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly th...
29 Sep, 2026, 08.10 AM IST
Flipkart Ventures backs AI startups Alive and KeployBoth startups will receive capital support, strategic mentorship and access to Flipkart’s wider ecosystem to help them build and scale thei...
28 Sep, 2026, 01.53 PM IST
India’s healthcare AI opportunity could become the next big investment storyThe digital rails are ready. India now needs patient capital and founders ambitious enough to build on them.
28 Sep, 2026, 11.21 AM IST
ETMarkets NRI Talk | AI’s 30x sales premium: Apurva Sheth on OpenAI, Anthropic and the valuation debateOpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 ...
28 Sep, 2026, 09.53 AM IST
Jeff Bezos’ parents gave him $245,573 to start Amazon in 1995 despite his warning that the company had only a 30% chance of success — what made them trust his risky internet business idea?Jeff Bezos knew Amazon could fail when his parents gave him $245,573 from their savings in 1995. He had put the odds of success at only 30%...
26 Sep, 2026, 07.09 PM IST
AI agents need verifiable ID cards : Here is what it means, and why it is importantAI agents are expected to grow exponentially and perform tasks without human intervention. This puts building a trust layer in focus and pr...
24 Sep, 2026, 02.13 PM IST
Retaining talent key to India's AI rise: Salesforce's Vala AfsharThere is a gravitational pull to recruit the best and brightest, which are being pursued globally by technology firms like Salesforce, Vala...
24 Sep, 2026, 09.32 AM IST
In 2014, Nas invested in smart-doorbell startup Ring; 4 years later, Amazon bought the company for $1.1 billion and the American rapper pocketed at least $25 millionNas and Ring story is about the changing boundaries between entertainment, technology and entrepreneurship. Nas entered the investment worl...
22 Sep, 2026, 04.00 PM IST
China slows humanoid robot IPO rush as hype outruns realityChinese regulators are putting the brakes on a rush of humanoid-robot companies seeking listings, people familiar with the matter said, as ...
21 Sep, 2026, 09.57 AM IST