Category: Startups
ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-year
Startups raised $225 million across 19 rounds in the second week of June, up 22% year-on-year and 39% higher than the previous week. Gurugram-based green…
SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…
Some German firms see AI reducing need for degrees, Ifo says
Synopsis The survey also showed that about 15% of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experienceThe…
Dhan launches US stocks, ETFs investing via GIFT City route
Trading and investing platform Dhan on Friday launched investment access to US-listed stocks and exchange-traded funds (ETFs) for Indian investors through the GIFT City framework….
B Capital leads SolarSquare’s $50-55 million round at $500 million valuation
Mumbai-based rooftop solar startup SolarSquare Energy has raised $50-55 million in a new funding round led by B Capital. The round valued the company at…
Former Paisabazaar CEO Naveen Kukreja looking to secure $9 million for new wealthtech bet
Former Paisabazaar chief executive officer Naveen Kukreja is in talks with investors to close the first institutional funding round for his new startup, two people…
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years
VC firm Aum Ventures has launched its second fund, Aum Ventures – India Innovation Fund II, with a target corpus of Rs 750 crore (about…
AI shift drives Opendoor’s India exit: Here’s all you need to know
US-based real estate technology company Opendoor is shutting down its India operations and laying off nearly 250 employees as part of a major restructuring effort….
Karnataka approves initiatives worth over Rs 27 crore for startups, biotech
Karnataka’s IT/BT department has approved four initiatives worth over Rs 27 crore, covering startup acceleration, industry-academia partnerships, medical robotics and genome editing infrastructure. Two of…
Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery Ventures
Physical security startup Coram AI has raised $35 million in a round co-led by Ansa Capital and Battery Ventures, with participation from UP Partners, 8VC,…