Category: Startups
Delve row explained: What led to its split from Y Combinator
Compliance startup Delve has parted ways with its backer Y Combinator (YC), according to COO Selin Kocalar. The startup accelerator also removed the company’s profile…
Who are Delve founders Karun Kaushik and Selin Kocalar?
Compliance startup Delve issued its first public response to a wave of allegations circulating online, attributing the claims to a “targeted cyberattack” while acknowledging internal…
AI recruiting startup Mercor hit by cyberattack; Meta halts collaboration
A few days ago, artificial intelligence (AI) recruiting startup Mercor confirmed it was hit by a security incident linked to the open-source tool LiteLLM. Media…
ETtech Deals Digest: Startups raise $187 million this week, down 28% on-year
Startups raised around $187 million in the week to February 2, a decline of 28% from the $262.1 million secured during the same period last…
Valuations do a quick jump at select startups
A clutch of Indian mid-stage startups are commanding sharp valuation spikes in short timeframes despite overall funding remaining muted, pointing to a narrowing pool of…
Fidelity marks down conversational AI platform Gupshup’s valuation by 80% to $278 million
A fund run by financial services giant Fidelity Investments has slashed the valuation of conversational messaging software provider Gupshup by over 80% from its initial…
AI startup Sarvam close to raising $300 million at $1.5 billion valuation
India’s homegrown artificial intelligence startup, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that…
Database startup Supabase seeks to double valuation to $10 billion: Report
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The…
FMCGs buying up Ayurveda startups for healthy growth
Ayurveda seems to have found a sweet spot in India’s FMCG playbook as national players turn to regional and niche brands in this space to…
Deepinder Goyal’s Lat Aerospace completes second demo of ultra-short take-off flight
Lat Aerospace completed a test flight of its latest technology demonstrator, Lat One v0.2, co-founder Deepinder Goyal shared in a social media post on Thursday….