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TECH STARTUPS MERGER
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- Deloitte India aims to become country's biggest professional services firm by 2028Deloitte India is on track to claim the title of the nation's premier professional services provider by 2028, fueled by an expansion strate...
- OpenAI chief Altman says Elon Musk wanted control of ChatGPT maker, denies betrayalOpenAI CEO Sam Altman denied Elon Musk's accusations of betraying the company's founding mission. Altman testified that Musk pursued contro...
- 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...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- White goods market set to reach Rs 5.3 lakh crore by FY30, says report; startups eye nichesIndia's consumer durables market is projected to reach Rs 5.39 lakh crore by FY30, driven by a 14% CAGR and increasing demand for smart, en...
- Canadian AI startup Cohere buys Germany's Aleph Alpha to expand in EuropeCanadian AI company Cohere is acquiring German tech startup Aleph Alpha. This move aims to expand Cohere's reach in regulated European mark...
- EU may let startups claim innovation benefits in M&A if Big Tech not involvedNew European Union merger rules are coming. Startups with innovative deals will get faster approval. This change aims to help companies gro...
- Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
- TR Capital to deploy $1 billion in India secondaries; appoints Umang Agarwal as MDTR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, and healthcare, while selectively...
- Australia's Qoria to merge with US-based Aura in $675 million dealUnder the proposed offer, Aura will acquire Qoria at an implied price of A$0.72 per share.
- Big Tech's acquihire deals face regulatory scrutiny, outgoing EU antitrust official saysEuropean Union is considering stricter rules for Big Tech companies. Regulators are concerned about 'acquihires', where tech giants hire ta...
- Startups combine forces to tide over tough timesDoctor consultation app DocsApp's merger with Bengaluru-based MediBuddy to expand its reach and enter new service categories was a key M&A ...
- India added 1,200 tech startups in 2018: NasscomThe number of unicorns added in 2018 was also the highest ever in a year, with eight out of the total 18 unicorns formed this year alone.
- A startup bridge to fortunesMany of the selected startups, including, customer management software providers Freshdesk and Helpshift, already serve a large market over...
- 32 tech startups to participate in Startup Bridge to boost M&AA highly-curated list of startups is expected to engage with large tech giants in the event which is to be held on December 2.
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