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STARTUPS FUNDING 2023
French President Macron hails 'Chandrayaan-3' lunar landing as proof of India's innovation prowessFrench President Emmanuel Macron praised India's Chandrayaan-3 mission. He called it a prime example of India's innovation and technologica...- France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...
- Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- Voice AI startup ElevenLabs appoints Alexander Holt its field CTOVoice AI firm ElevenLabs has appointed Alexander Holt as its Field CTO, a move aimed at accelerating AI integration for enterprise clients ...
- Z47 managing director Tarun Davda to exit firm amid string of top-level departures at VC fundsTarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sources told us that Davda is exploring...
- Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
- Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- Avammune’s big bet: Why the future of cancer treatment may come in a pillAs global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherap...
- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
- Zara posts weakest performance in India since pandemic, net sales fall 1% in FY26Zara's India operations experienced a slowdown in the past fiscal year, marking its weakest performance since the pandemic. Intensifying co...
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
- Indian semicon firm Netrasemi plans mass production of its first chip this yearIndian AI chip maker Netrasemi is set to launch its A2000 chipset this year. The chip has successfully passed its initial testing phase. Th...
- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- Zoho-backed Netrasemi launches first AI chip, begins customer trialsKerala-based Netrasemi, backed by Zoho, has successfully tested its A2000 AI chip, now production-ready for edge devices. Early trials are ...
- AI coding startup Cognition raises $1 billion at $26 billion valueAI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion...
- Zoom’s Anthropic investment has netted the company $1 billionThe total value of Zoom’s stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. ...
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