Category: Startups
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…
146 startups get Rs 38 crore grant under Karnataka govt’s Elevate programme
The Karnataka government on Saturday rewarded 146 startups through its flagship ELEVATE programme. The startups that were rewarded under Elevate programme, included 103 Elevate 2025…