Category: Startups
CredFlow receives NBFC licence, to scale cash-flow based SME lending
Credflow, a cash-flow management and lending platform for small and medium businesses, will now be able to lend through its own books after its subsidiary…
South Korea to consider setting up $3.1 billion foundry to grow local chip sector
South Korea is considering building a 4.5 trillion won ($3.06 billion) foundry to manufacture chips, funded by state and private investment, the industry ministry said,…
Elon Musk’s Neuralink taps FDA regulator who led division overseeing the startup
Elon Musk‘s brain implant company Neuralink has tapped a top U.S. health regulator responsible for overseeing the company and its competitors, according to a company…
Hinge CEO McLeod stepping down to lead Match Group-backed AI dating startup
Match Group said on Tuesday that Hinge founder and CEO Justin McLeod will step down to launch Overtone, an AI-powered dating venture backed by the…
IIT Bombay incubator launches Rs 250 crore deeptech fund, to back 30 startups
IIT Bombay’s incubator, the Society for Innovation and Entrepreneurship (SINE), has launched a Rs 250-crore deeptech fund which aims to provide early-stage capital. The Y-Point…
Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing roles
Software-as-a-service (SaaS) company Whatfix has laid off around 60-80 employees, according to three people aware of the development. The Bengaluru-based firm has handed pink slips…
Edtech PhysicsWallah expects Q3 to be profitable, full-year profitability by FY27
After reporting a profitable second quarter, edtech company PhysicsWallah expects to repeat the performance in the third quarter as well, and is projecting full-year profitability…
Edtech PhysicsWallah expects full-year profitability by FY27
After reporting a profitable second quarter, edtech company PhysicsWallah expects to repeat the performance in the third quarter as well, and is projecting full-year profitability…
Indian vibe coding startup Emergent gets strategic investment from Google’s AI Futures Fund
Vibe coding startup Emergent, which reached 2.5 million users and breached the $25-million annual recurring revenue (ARR) run rate within five months of launch, announced…
US startup seeks to reclaim Twitter trademarks ‘abandoned’ by Musk’s X
A fledgling social media platform has asked the U.S. Patent and Trademark Office to cancel trademarks for Twitter so it can take them for itself,…