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Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
Zeta cofounder Bhavin Turakhia launches AI startup Neo with $30 million personal investmentNeo is Turakhia’s fifth company after Directi, Radix, Titan and Zeta. The platform is being built to bring tasks, documents, knowledge and ...
Sparrow Capital closes third fund at Rs 475 crore, means to write bigger chequesAbout 60% of the corpus came from global endowments, foundations, funds of funds, and family offices, and the rest from startup founders, o...
VC fundraising hits wall; WhatsApp’s new privacy headacheIndian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...
Capital Call: Indian VCs face toughest fundraising market in a decadeData from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June...
Explained: Oyo’s long journey to an IPO, from 2021 to 2026Oyo's parent company, PRISM, has filed for a ₹6,650 crore IPO, marking its third attempt to go public after previous delays and withdrawals...
NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
Venture capitalist Chamath Palihapitiya's 8090 raises $135 million led by Salesforce VenturesAnnounced by Palihapitiya on Monday, the round also drew participation from WNDR, Craft Ventures, The Production Board, and LAUNCH, along w...
No smartphones, internet or AI: This Karnataka boy from Chikkamagaluru, who learnt about space from encyclopaedias, now sends advanced satellites into orbitA Karnataka village boy, Awais Ahmed, once reliant on encyclopedias for space knowledge, co-founded Pixxel, a company now orbiting Earth wi...
Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
Startup founder claims foreign client honoured contract after dropping project internally, compares it to India's "adjust kar lo" cultureStartup founder's X post highlighted an international client's commitment to a paused six-month contract, contrasting it with India's often...
Startup seed rounds double as VCs turn more selectiveIndian startups are securing significantly larger seed and early-stage funding rounds, nearly doubling their average cheque size. This tren...
Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
Healthcare startup Superliving raises $7 million led by LightspeedFounded by former Pocket FM executives Manavdeep Singh Grover and Gurjot Kaur, the startup is building an AI-powered preventive health and ...
Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI pushMeta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the...
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
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...