Category: Startups
Indian deeptech firms don’t need subsidies, they need real market, say founders
Indian deeptech startups don’t need subsidies or special support but instead need a steady market demand that is ready to adopt new technologies, said deeptech…
PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore
PhysicsWallah, the first edtech to list following Byju’s’ collapse, has created significant paper wealth for its promoters and backers as it debuted at a 33%…
Who is Vik Bajaj, co-CEO of Jeff Bezos’ AI startup Project Prometheus?
Vikram Bajaj, aka Vik, has been named co-chief executive officer (CEO) of the artificial intelligence (AI) startup Project Prometheus, where he will lead alongside Amazon…
PhysicsWallah’s growth prospects justify IPO valuation despite rising losses: Analysts
PhysicsWallah, the first edtech to list on Indian exchanges, made its public market debut with a strong listing and price surge in early trade. The…
Amazon founder Jeff Bezos returns to CEO role with AI startup
Amazon founder Jeff Bezos is returning to an operational leadership role for the first time in four years, taking the helm of a new AI…
Blackstone eyes majority stake in Globetrotters in $700 million education plan
US private equity firm Blackstone is in talks to buy a majority stake in Jaipur-based Globetrotters Educational Innoventions, which runs the Jayshree Periwal International School…
Jeff Bezos creates AI startup where he will be co-CEO
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest people, is throwing his money and time into an artificial intelligence startup that…
Piyush Goyal appeals to corporates to create pool of funds to support startups
Commerce and Industry Minister Piyush Goyal on Monday appealed to Indian corporates to create a pool of funds to support startups of the country, saying…
US court filing alleges $533 million was roundtripped for personal use, Byju’s denies
UK-based OCI Limited, the company that received most of the $533 million loaned to Byju’s Alpha, a US-based special purpose vehicle (SPV) set up by…
Groww cofounder Lalit Keshre enters billionaires’ club as stock crosses Rs 1 lakh crore market cap
Billionbrains Garage Ventures, the parent of wealthtech platform Groww, saw its market cap cross Rs 1 lakh crore during the fourth session of trading since…