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India's biggest space-tech opportunity lies downstream, not just in launchesSpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space st...
AI spending boom could trigger sharper downturn than dotcom crash: Professor Aswath DamodaranValuation expert Aswath Damodaran warns the AI boom's massive capital expenditure, largely debt-funded, could lead to a more painful downtu...
Manu Chandra's Sauce, the VC making a feast of small servingsSauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of...
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
Jio IPO explained: What a fresh issue and no OFS in India's biggest public offer means for investorsReliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offe...
Pet care firm Vetic raises $40 million led by Bessemer Venture PartnersVetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new...
InCred Money gets Sebi in-principle nod for mutual fund licence, plans launch in 6-9 monthsInCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step toward launching its asset management b...
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
Steven Schwartz, Whop founder who sold water on China's streets, created 650 millionaires. Meet the 26-year-old grabbing headlinesSteven Schwartz, a 26-year-old entrepreneur, co-founded Whop, a social commerce platform now valued at $1.6 billion. He once sold water on ...
Salary doesn't decide happiness: Many see income and achievements as measure of success, but one study says the respect from people around you matters more than your place on the economic ladderA new study suggests happiness may depend less on income and job titles and more on the respect, acceptance and value people receive from t...
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...
Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Zerodha restarts referral programme; Nithin Kamath says over half of growth came through word of mouthZerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant g...
Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
A famous 10-foot CIA sculpture just changed hands, and the crypto firm that bought its last secret says it hasn't peeked, because the mystery of Kryptos is still the pointAfter three decades, the final unsolved secret of the CIA's Kryptos sculpture, K4, has been sold for nearly $1 million. Crypto venture capi...
$1,000,000,000,000: The larger story of Musk, the first trillionaire, lies not in wealth, but in power, tech and governanceElon Musk's trillion-dollar valuation marks a new era in capitalism. This unprecedented wealth reflects a changing dynamic between technolo...
Former Paisabazaar CEO Naveen Kukreja eyes $9-million raise for new wealthtech betFormer Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retai...
Cloudflare CEO says Vinod Khosla urged him to oust his cofounders during funding talksCloudflare CEO Matthew Prince claims Vinod Khosla suggested he remove cofounders during 2012 funding talks. Khosla denies this, stating his...