Category: Startups
AI company Dream triples value to $3 billion in funding round
Dream, an Israeli artificial intelligence company that provides AI and cybersecurity services to governments and critical infrastructure operators, has raised $260 million at a $3…
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as…
Nykaa: Nykaa aims for $5 billion in GMV by FY30
Omnichannel beauty and fashion retailer Nykaa said it is targeting $5 billion in gross merchandise value (GMV) across its businesses by fiscal 2030. The Mumbai-based…
Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem value
Synopsis Bengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 2025. ETtech Bengaluru-Karnataka has ranked…
PhonePe, Google Pay duopoly weakens as market share slips below 80%
Fintech giants PhonePe and Google Pay’s combined UPI market share slipped to 79% in May, according to data from the National Payments Corporation of India…
Sarvam AI’s Pratyush Kumar joins AI executive huddle with G7 leaders
Bengaluru-based Sarvam AI co-founder Pratyush Kumar was among top artificial intelligence executives such as Sam Altman and Dario Amodei who joined the lunch meeting with…
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials
The US government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS…
China to support IPOs by ‘future industry’ startups, large model companies
China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of startups in…
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale
Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s…
Pocket FM begins reverse flip talks; eyes potential India IPO
Audio entertainment startup Pocket FM has started discussions to shift its holding structure back to India as it explores a potential domestic public listing, people…