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STARTUP FOUNDERS VOTING
SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: ReportSpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaki...- Swiggy CEO on quick commerce space; India’s data centre surgeIn an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, a...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- SpaceX IPO filing lays bare losses and Musk control as it stakes future on AIElon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street...
- SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AISpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven...
- Former OpenAI executive Sutskever discloses nearly $7 billion stake in AI firmIlya Sutskever testified about Sam Altman's alleged dishonesty. He spent a year collecting evidence of Altman's behavior. This testimony is...
- Quick-service apps compete to woo women workers away from the informal economyQuick-service apps like Snabbit and Pronto are formalising the domestic workforce with flexible shifts and attractive monthly payouts, draw...
- Musk, Altman management styles under fire at OpenAI trialTestimony in the OpenAI feud revealed criticisms of Elon Musk's technical competency and temper, while Sam Altman faced accusations of dish...
- Zaggle cuts Dice deal from Rs 123 crore to Rs 68 crore in an asset-IP only dealZaggle's Executive Chairman Raj P Narayanam told ET that the earlier Rs 123 crore figure was an indicative amount for a full entity acquisi...
- Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trialElon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This rev...
- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
- From guesswork to data: How platforms are turning fashion signals into sales intelligenceFashion brands are traditionally hampered by delayed sales data, leading to overproduction and missed trends. New platforms are emerging to...
- Karnataka polls: Startup founders, VCs vote in Bengaluru for better infra and R&DStartup promoters and investors also participated in the voting process. Venture-builder platform GrowthStory’s founder K Ganesh cast his v...
- ETtech Startup Awards 2021: Celebrating breakthrough momentsThe 11-member jury described 2021 as a breakthrough one for the Indian startup ecosystem in the wake of two highly successful IPOs—those of...
- IndiaTech proposes key changes in SR shareholding rules to SebiThe conversation around shares with superior voting rights, or SR shares, is happening at a time when several Indian startups —from Paytm t...
- What DVRs mean for startups and entrepreneursWhile the industry awaits further clarity on issues, the move is being seen as a game changer paving way for far greater founder control of...
- Razorpay founders to get 2 votes for each board seatThis is a significant move by the Tiger Global- and Sequoia Capital-backed company, which will give its founders Harshil Mathur and Shashan...
- Desi startup lobby seeks to protect turfThe idea of differential voting rights is for the benefit of founders who dilute their stake in the company while raising funds.
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