Category: Startups
Portuguese tech companies meet Karnataka startups to explore AI, robotics partnerships
Portuguese technology companies met Karnataka-based startups in Bengaluru on Tuesday to discuss partnerships in manufacturing, artificial intelligence (AI), robotics, cybersecurity, and consumer-focussed tech. The interaction…
Everstone-backed Wingify merges with AB Tasty to create $500 million SaaS firm
Software company Wingify, which was bought by private equity investor Everstone Capital last year, is merging with Paris-based peer AB Tasty in a deal that…
VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti Srivastava
Climate-focused venture capital fund Avaana Capital, which is looking to scale up its investments in deeptech, has appointed Vikas Verma as Partner and elevated Shruti…
Ola Electric Mobility shares tank 7%, down for 10th consecutive session. What’s triggering the fall today?
Shares of pure-play EV major Ola Electric Mobility slipped as much as 7% to their day’s low of Rs 33.50 on Tuesday after the resignation…
Private equity finds beauty in Purplle Cosmetics’ minority stake: Deal could value platform at $1.5 billion
Mumbai: KKR, TPG Growth, and ChrysCapital are among private equity firms in separate discussions for acquiring a minority stake in Purplle Cosmetics, said people familiar…
Digital India Foundation builds platform for failed startups
The Digital India Foundation, a Noida-based nonprofit, on Monday launched Phoenix Hub, a platform designed to help redistribute technology, innovations, and skilled workers from failed…
Shadowfax raises Rs 850 crore from anchor investors ahead of IPO
New-age logistics firm Shadowfax Technologies has raised around Rs 850 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription…
Andreessen Horowitz makes a $3 billion bet against the AI bubble
An artificial intelligence startup that helps developers write and debug code is now worth nearly as much as United Airlines. A two-month-old AI computer company…
Blackstone finalises structured investment deal in AI cloud startup Neysa
US alternative asset manager Blackstone has inked a structured investment deal with Neysa that could pave the way for a majority stake in the Mumbai-based…
AIX Ventures cofounder Shaun Johnson departs
AIX Ventures — a venture capital firm that has backed artificial intelligence startups including Perplexity, Windsurf and Ideogram — saw cofounder Shaun Johnson exit the…