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INVESTING IN STARTUPS
Thermo Fisher finds India the perfect lab; lab equipment maker steps up investments as drug companies focus on innovationThermo Fisher Scientific is amplifying its investment footprint in India, driven by the strong anticipated growth in the biosimilars and in...
ETtech Deals Digest: Yulu, Centricity lead weekly funding at $109 million, down 50% on-yearIndian startups raised $109.4 million across 11 funding rounds during the week ended August 14, led by electric mobility startup Yulu and w...
Why I created AI Circus — All AI under one tentAmazon simplified shopping. Uber simplified car travel. Can AI Circus simplify the world of AI?
Selena Gomez accused of fraud, sued by investors over collapse of mental health startup 'Wondermind'Investors have filed a lawsuit against Selena Gomez and Wondermind co-founders. They allege misrepresentation of the mental health startup'...
Infra.Market’s backdoor listing; Honasa posts record profitInfra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
Deeptech fund Bluehill.VC raises Rs 408 crore for maiden frontier-tech fundChennai-based Bluehill.VC has raised Rs 408 crore for its initial deeptech venture fund. The firm has already deployed approximately Rs 100...
Mirae Asset Venture raises Rs 1,125 crore in first close of new India-dedicated fundThis compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus o...
Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
Indian startups increasingly eye Abu Dhabi for global expansion: Hub71's Basma AlDhaheriIndian startups are increasingly looking beyond the domestic market as they seek international growth, with Abu Dhabi emerging as an attrac...
IN-SPACe has granted 113 authorisations to 52 NGEs to conduct space activities: Jitendra SinghIndia's space regulator IN-SPACe has authorised 113 activities for 52 non-government entities. Around 440 space technology startups are cur...
AI startup Manus to resume independent operations as deal with Meta unwinds"As part of our transition back to independent operations and to comply with regulatory requirements in specific jurisdictions, data genera...
High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
L&T Innovation Fund to offer deeptech market access beyond capitalSushma Kaushik, head of the L&T Innovation Fund, told ET that L&T’s business leaders have themselves started scouting startups, a shift fro...
Karnataka-backed SFAL’s deeptech portfolio crosses Rs 1,000-crore valuationThe accelerator, which began by supporting fabless chip design startups, is now seeking to enable a wider semiconductor value chain coverin...
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
Investors on a new mission: Funding spacetech startupsIndia's growing space sector is making strides in essential mission technologies and components. With investor interest surging in startups...