Category: Startups
AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation
AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation just three…
P2P lending platform LenDenClub’s parent plans IPO, CEO says
Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…
Boat auditors flag mismatch in financial statements filed with lenders
IPO-bound consumer electronics maker Boat’s statutory auditors had flagged several instances of mismatch between the quarterly returns or statements it filed with lenders and its…
Karnataka govt to open bids for IT Park project in Mangaluru next week
Karnataka will open bids for the construction of an IT Park commercial office spaces in Mangaluru on December 15. The government had floated the tenders…
LAT Aerospace hiring for software roles as it expands team
LAT Aerospace is hiring for software roles as it plans to build a strong software and autonomy team, cofounder Surobhi Das said in a LinkedIn…
Google, Telangana govt launch Google for Startups hub in Hyderabad
Google, along with the Telangana government, launched the Google for Startups hub at T-Hub in Hyderabad on Wednesday. Google plans to engage with regional 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…