Startups
UpGrad agrees to acquire Unacademy for $218Mn, nearly 90% lower than its peak valuation: Report
India’s leading upskilling platform UpGrad has reportedly agreed to acquire test-prep startup Unacademy in an all-stock deal worth about ₹2,055 crore (~ $218 million). The deal values Unacademy…
Meta acquires ‘Assured Robot Intelligence’ to strengthen robotics and physical AI capabilities: Report
Meta reportedly acquired Assured Robot Intelligence as it steps up efforts in humanoid robots and physical AI. The startup’s team is expected to join Meta’s AI and robotics…
Snabbit secures $56Mn funding led by SIG and Mirae, valuation hits $350Mn
India’s home services startup Snabbit has raised $56 million in a Series D funding round led by Susquehanna Venture Capital (SIG) and Mirae Asset Venture Investments, along with…
Krafton, Naver and Mirae Asset announce ₹6,000 crore India-focused Unicorn Growth Fund
Krafton, Naver, and Mirae Asset Venture Investments have launched a ₹6,000 crore (~ $650 million) India-focused Unicorn Growth Fund. The fund will target late-stage startups that are ready…
SpaceX secures deal with AI coding startup Cursor, with option for $60Bn acquisition
SpaceX has secured a deal with Cursor under which it can either invest $10 billion in the AI coding startup or acquire it later this year for $60…
IndiGo invests in Indian electric air taxi startup Sarla Aviation
IndiGo has invested ₹10 crore in Bengaluru-based Sarla Aviation through its venture arm, IndiGo Ventures. This is IndiGo’s first direct investment in an electric vertical take-off and landing…
OpenAI acquires AI finance startup ‘Hiro’, bringing entire team on board
OpenAI has quietly expanded its footprint in the financial technology space with the acquisition of Hiro Finance, a startup focused on using AI to guide personal financial decisions.…
IPO-bound Anthropic reportedly acquires biotech AI startup Coefficient Bio in $400Mn deal
Anthropic has reportedly acquired biotech AI startup Coefficient Bio in a deal valued at around $400 million. Coefficient Bio focused on using AI for drug discovery and biological…
Wealthtech startup Bachatt secures $12Mn Series A funding led by Accel
Wealthtech startup Bachatt has raised $12 million in a Series A funding round led by Accel, with participation from Lightspeed Venture Partners and InfoEdge Ventures. Founded in 2024,…
Deccan AI secures $25Mn led by A91 Partners to expand AI data and model evaluation systems
Deccan AI, an AI data and evaluation startup, has raised $25 million in a funding round led by A91 Partners. The round also saw participation from existing and global…
Swish gets $38Mn, doubling valuation for the quick food delivery startup to $140Mn
Bengaluru‑based quick‑food delivery startup Swish has raised $38 million in a fresh Series B funding round. The round was led by Hara Global and Bain Capital Ventures, with…
OpenAI to acquire Python tools startup ‘Astral’ to expand Codex capabilities
OpenAI has announced an agreement to acquire Astral, a developer-focused startup known for building high-performance tools in the Python ecosystem. The deal is expected to strengthen OpenAI’s coding…
Atlys secures $36Mn in Series C funding led by Susquehanna Asia VC
Atlys, digital visa applications startup, has raised $36 million in a Series C round led by Susquehanna Asia VC, a venture capital firm known for backing tech-driven companies…
Uber co-founder Travis Kalanick launches robotics startup ‘Atoms’ to automate industrial work
Travis Kalanick, co-founder and former CEO of Uber, has launched a new robotics startup called Atoms. The company was built from the infrastructure business he started after leaving…
OpenAI to acquire Promptfoo to strengthen safeguards for autonomous AI systems
As concerns about safeguarding AI systems continue to grow across the technology industry, OpenAI has reached a deal to acquire Promptfoo. The startup has developed a platform that…
Xflow gets $16.6Mn in Series A as it looks to scale cross-border payments platform with new RBI License
Xflow, a Bengaluru-based B2B cross-border payments platform, has raised $16.6 million in Series A funding at an $85 million post-money valuation. The round was led by General Catalyst,…
India approves $1.2Bn Government Startup Fund to back deep-tech startups
India has approved a ₹10,000 crore (~ $1.2 billion) Startup India Fund of Funds 2.0, giving a fresh boost to startup financing at a time when global venture…
Swiggy posts 54% revenue growth in Q3 FY26, net loss widens to ₹1,065 crore
India’s second largest food and quick-commerce delivery platform, Swiggy reported widening losses for the third quarter of fiscal 2025-26, despite strong revenue growth and rising customer engagement across…
Logistics upstart Shadowfax makes weak IPO debut, ends first day 12% below issue price
India logistics technology startup Shadowfax’s much-anticipated stock market debut turned disappointing, with the shares opening below the IPO price and falling further by the end of the trading…
Andreessen Horowitz raises record $15Bn across five funds to support AI and growth-stage tech
Andreessen Horowitz (popularly known as a16z) has secured more than $15 billion across five funds, the largest raise in funds long and illustrious history. Including the money it…
Zepto confidentially files with SEBI for $1.3Bn IPO: Report
Zepto seems to be quietly setting the stage for one of India’s largest startup IPOs. The quick-commerce company has confidentially filed its draft papers with market regulator SEBI,…
