Category: Startups
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…
Make social media companies more accountable: Milind Murli Deora in Rajya Sabha
Shiv Sena Rajya Sabha member Milind Murli Deora on Tuesday urged the government to make social media companies more accountable, as he highlighted the adverse…
ETtech Profile | Anjali Sardana: the 23-year-old Pronto founder behind a $100 million house-help startup
Anjali Sardana traces the idea for her buzzy startup Pronto to her research into labour markets when she was in college. Her work examined how…
Zoff Foods raises $2 million from JM Financial PE
Digital-first packaged spices brand Zoff Foods has raised fresh funding of $2 million from JM Financial Private Equity, underscoring continued investor interest in direct-to-consumer brands….
Playbook Partners leads a $11 million round in enterprise technology firm KaarTech
Chennai-headquartered enterprise infrastructure company KaarTech has secured $11 million in a fresh round of funding from growth-stage fund Playbook Partners. Through this infusion, Playbook Partners…