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STARTUP VALUATIONS
Valuation of top diaspora-led firms jumps 53 pc to USD 15 trillion on AI boom: ReportThe valuation of top global companies led by the Indian diaspora has surged to USD 15 trillion. The sharp increase is largely attributed to...- Gaurav Munjal steps down as Unacademy CEO, Akhilendra Kumar takes overThe transition comes earlier than expected per the contours of the September transaction, which had envisaged Munjal continuing as CEO of U...
- He joined a fire department as a volunteer at 15, left Goldman Sachs to build a $225 million used fire truck marketplace targeting a $1 trillion marketMartin Hunt joined a volunteer fire department at 15, worked at Goldman Sachs and then left finance to build Garage, an AI-powered marketpl...
- Anthropic IPO buzz: CFO Krishna Rao’s stake could be worth $703 million as AI firm eyes $1.4 trillion valuationAnthropic CFO Krishna Rao's stake in the Claude chatbot maker could be worth approximately $703 million as the AI startup targets a $1.4 tr...
- AI training startup Mercor valued at $20 billion in latest funding roundMercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion. The Series D round...
- From streaming to software, microdrama startups rewrite their growth pitchPeak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Fram...
- Claude Fable 5.2, Claude Mythos 5.2: Anthropic unveils new AI models, check features, speed, price, release dateClaude Fable 5.2 targets coding, reasoning and AI agent tasks, while Claude Mythos 5.2 targets approved cybersecurity and life-sciences res...
- Sarvam names Google Cloud India head Sashikumar Sreedharan as president & chief business officerSashikumar will additionally join Sarvam's board of directors. He will lead the company's business across enterprises and government, while...
- Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosionAnthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing...
- Anthropic listing under pressure: Investors question timing and sky-high valuationAnthropic's proposed $100 billion IPO faces uncertainty as investors question its $1.5 trillion valuation amid a global AI sell-off, rising...
- Scripbox shareholders approve conversion into public company ahead of IPOAt an extraordinary general meeting on October 19, shareholders approved the change of the Accel-backed startup's name from Scripbox Wealth...
- AI backlash could threaten Anthropic IPO timing, potential investors sayInvestors are pushing for a more attractive valuation to commit to the offering, with some viewing the recently discussed $1.5 trillion val...
- Premji's deeptech bets; Razorpay gets IPO nodHappy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispat...
- Premji Invest goes big on strategic output & techPremji Invest and Singularity AMC are likely to lead a $30-40 million round in Sanlayan at a valuation of about $200 million, according to ...
- Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, SamsungPeak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures...
- Apple’s robust India quarter; Giva’s $100 million fundingApple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
- OpenAI’s India user base doubles; Rapido GOV quadruplesHappy Tuesday! India has become ChatGPT’s largest market globally, with its user base doubling. This and more in today’s ETtech Morning Dis...
- OpenAI cuts funding target by $10 billion: FTAI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 tri...
- In 2015, Airtree backed Canva's $6 million Series A; 6 years later, a partial sale at a $39 billion valuation returned 1.4x its first fund; here's howCanva reached a $39 billion valuation when Airtree reduced part of its holding in 2021. In September that year, Canva announced a separate ...
- Startups would rather stay young forever than grow up into dull, profitable companiesStartups often embrace a culture that favors ongoing growth while avoiding traditional business maturity. They value the perception of pote...
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