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LOSS MAKING STARTUPS
She couldn’t eat properly for months but yet felt full. Faridabad doctors later removed a giant hairball from her stomachA 30-year-old woman's persistent stomach pain led to a shocking discovery: a giant hairball, or trichobezoar, filling her stomach. Doctors ...27 Jun, 2026, 06.36 PM IST- Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...26 Jun, 2026, 10.49 PM IST
- Pocket FM shuts Pocket TV as rivals get aggressive on microdramaAudio entertainment firm Pocket FM is shutting down its microdrama vertical, Pocket TV, to concentrate on its core audio dramas and interna...26 Jun, 2026, 11.16 AM IST
- Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...24 Jun, 2026, 09.37 PM IST
- SpaceX shares eke out a gain to snap three day losing streakSpaceX shares rebounded Tuesday, halting a three-day slump that saw over $600 billion vanish from its valuation. The stock climbed signific...24 Jun, 2026, 06.41 AM IST
- Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...23 Jun, 2026, 08.07 AM IST
- 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...23 Jun, 2026, 06.00 AM IST
- Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...22 Jun, 2026, 08.03 PM IST
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.22 Jun, 2026, 07.42 AM IST
- Retail investors’ bond rush; Rapido’s angels exitHappy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech ...18 Jun, 2026, 11.55 AM IST
- Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...17 Jun, 2026, 10.14 PM IST
- Scientists are borrowing a NASA dust-zapping trick to keep solar panels cleaner in dusty places like the American Southwest, India, and the Sahel, and the payoff could be cheaper power with less water and laborSolar power is growing, but dust significantly reduces panel efficiency. A startup, Clear Solar, is using technology developed for Mars rov...17 Jun, 2026, 02.15 PM IST
- US stocks: SpaceX nears $3 trillion valuation, overtakes Amazon and Microsoft in market valueSpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally...16 Jun, 2026, 08.23 PM IST
- Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...16 Jun, 2026, 08.21 PM IST
- Techie called ‘money-minded’ by CEO for asking salary hike after cutting down AI costs by 95%. 'You broke the manager's heart'A Reddit post by an AI engineering intern has gone viral after he claimed he was fired from a small startup shortly after requesting a sala...16 Jun, 2026, 06.53 PM IST
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...15 Jun, 2026, 08.59 AM IST
- IIT Delhi grad had to wait 7 years to start his business. Today, his net worth is over $2.3 billion. Who is Jyoti Bansal?Jyoti Bansal, an IIT Delhi alumnus, faced visa hurdles in the US. He waited seven years for permanent residency before launching AppDynamic...13 Jun, 2026, 09.56 PM IST
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