Category: Startups
Fidelity marks down conversational AI platform Gupshup’s valuation by 80% to $278 million
A fund run by financial services giant Fidelity Investments has slashed the valuation of conversational messaging software provider Gupshup by over 80% from its initial…
AI startup Sarvam close to raising $300 million at $1.5 billion valuation
India’s homegrown artificial intelligence startup, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that…
Database startup Supabase seeks to double valuation to $10 billion: Report
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The…
FMCGs buying up Ayurveda startups for healthy growth
Ayurveda seems to have found a sweet spot in India’s FMCG playbook as national players turn to regional and niche brands in this space to…
Deepinder Goyal’s Lat Aerospace completes second demo of ultra-short take-off flight
Lat Aerospace completed a test flight of its latest technology demonstrator, Lat One v0.2, co-founder Deepinder Goyal shared in a social media post on Thursday….
Circulate Capital raises $220 million in first close of its Fund II
Circulate Capital, a Singapore-headquartered investment firm focused on the circular economy, has raised $220 million in the first close of its second fund, crossing more…
Legacy players gain ground in EV two-wheelers as Ola Electric slips
India’s electric two-wheeler (e2W) market, strongly contested by both incumbents and startups, saw a surge in sales in FY26 with most players expanding their market…
Ionic Wealth Onboards Rohit Suri as the CEO of UHNI Business
Wealth-tech platform Ionic Wealth has brought on board Rohit Suri as the chief executive officer of its UHNI business. A seasoned private banker, Suri will…
Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity deal
Stock trading platform Dhan is in talks to acquire wealthtech startup Infinyte Club for around $10 million in a mix of cash and equity, according…
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it…