Category: Startups
Digg cuts jobs after facing AI bot surge
Digg is laying off staff citing “brutal reality” in the current digital environment and a surge in artificial intelligence-driven bot activity, more than a year…
Y Combinator brings Startup School to India; here is what it means for your startup
Startup accelerator programme Y Combinator (YC) is hosting its first-ever Startup School event in India. The one-day event will be held in Bengaluru on April…
Fintech Razorpay eyes global brands for high-margin biz in run-up to IPO
Digital payment major Razorpay is focussing on deploying its payments stack to large global brands in a bid to grow the cross-border business, which has…
Accel set to lead $12 million round in AI fintech Oolka
Early-stage venture fund Accel is set to lead a $12 million round in AI-powered fintech Oolka, according to two people in the know. The round…
US-based Accel Leaders Fund may join Rapido’s $600 million round: Sources
The US-based Accel Leaders Fund, a growth-stage vehicle, is likely to join the ongoing $550-600 million financing round for urban mobility startup Rapido, two people…
Revolut gets full UK banking licence after years-long wait
Revolut, Europe’s most valuable startup, said on Wednesday it had received regulatory approval to launch a British bank, allowing it to compete head-to-head with high…
Skyroot Aerospace bets on ‘space taxi’ model as Vikram-1 launch nears
Skyroot Aerospace, backed by Temasek and Singapore’s sovereign wealth fund GIC, said its Vikram-1 rocket is designed as a vehicle for dedicated small-satellite launches into…
India actively promoting animation, visual effects, gaming, comics sector: PM Modi
Prime Minister Narendra Modi has emphasised that India is actively promoting the Animation, Visual Effects, Gaming and Comics (AVGC) sector as part of the country’s…
As many as 6,789 recognised startups categorised as ‘closed’: Minister Jitin Prasada
Minister of State for Commerce and Industry Jitin Prasada on Tuesday said as many as 6,789 recognised startups are categorized as “closed”. As of January…
German startup plans 30-megawatt AI data centre in boost to sovereign control
German startup Polarise plans to build a new 30-megawatt artificial intelligence data centre that would double Germany’s domestically-run computing capacity as European nations push to…