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Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...
Busy startup IPO season gives risk investors Rs 15,000 crore in cash exitsThe busy IPO season of 2025 is handing out some of the biggest returns to venture capital firms that backed these companies early. ET’s cal...
Swiggy recasts board following IPO; SoftBank, Accel nominees exitSoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board, according to regulatory filings. SoftBank and Accel ar...
Juspay closes $60 million funding from Kedaara, others; valuation doubles to more than $900 millionThis round comes more than two years after Juspay raised $60 million in a funding round led by SoftBank. In a secondary investment, the fun...
ETtech Deals Digest: Swiggy, Lenskart raise funds this weekFood delivery platforms made headlines this week.
Accel raises $550 million sixth India fundOne of the most prominent VC firms in Silicon Valley, Accel said it will continue to scout for early-stage deals across consumer internet, ...
Ola eyes profits by FY19; SoftBank reaffirms commitmentThe valuation report was compiled by chartered accountancy firm Jain Ambavat and Associates. It formed a part of Ola's disclosure that was ...
Ola said to raise $2 billion from SoftBank, TencentThe funding will help Ola to continue its focus on India and build both its supply of vehicles and drivers as well as strategic technology ...
Ola ropes in DST Global and Falcon Edge Capital to participate in a new round of funding of Rs 2,500 croreThe deal values the Bengaluru-based Ola at about Rs 15,000 crore, or $2.5 billion, according to multiple sources familiar with the developm...
Early investors in Indian e-commerce book huge profitsAmid all the cash burn and eye-popping valuations, early investors in India's burgeoning e-commerce sector are beginning to book profits.