THURSDAY 07 MAY

BUSINESS

Meesho stock surges as Q4 losses shrink, margins improve

Meesho, the recently listed Indian e-commerce challenger to Amazon and Flipkart, saw a surge in its stock price at market open today, as the company reported significantly lower…

GLOBAL STAFF @ THE TECH PORTAL — 1 MIN READ
Meesho app screen on a smartphone

MONDAY 04 MAY

ACQUISITIONS

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…

ASHUTOSH SINGH — 2 MIN READ

FRIDAY 01 MAY

ACQUISITIONS

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…

ASHUTOSH SINGH — 2 MIN READ
Rogue Meta AI exposes data

TUESDAY 28 APR

NEWS

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…

ASHUTOSH SINGH — 2 MIN READ
snabbit

THURSDAY 23 APR

NEWS

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…

ASHUTOSH SINGH — 2 MIN READ
unicorn growth fund

WEDNESDAY 22 APR

A.I.

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…

ASHUTOSH SINGH — 2 MIN READ
spacex

FRIDAY 17 APR

FUTURISM

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…

ASHUTOSH SINGH — 2 MIN READ

TUESDAY 14 APR

A.I.

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.…

ASHUTOSH SINGH — 2 MIN READ
An AI generated image of OpenAI's office building

FRIDAY 03 APR

A.I.

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…

ASHUTOSH SINGH — 2 MIN READ
Anthropic launches new Claude 4 AI models

TUESDAY 31 MAR

NEWS

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,…

ASHUTOSH SINGH — 2 MIN READ
bachatt

THURSDAY 26 MAR

A.I.

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…

ASHUTOSH SINGH — 2 MIN READ
Deccan AI funding

TUESDAY 24 MAR

NEWS

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…

ASHUTOSH SINGH — 2 MIN READ
swish funding

THURSDAY 19 MAR

A.I.

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…

ASHUTOSH SINGH — 2 MIN READ
OpenAI raises record $122B at $852B valuation

TUESDAY 17 MAR

NEWS

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…

ASHUTOSH SINGH — 2 MIN READ
Atlys Office in Delhi, India

SUNDAY 15 MAR

NEWS

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…

ASHUTOSH SINGH — 2 MIN READ
Travis Kalanick

MONDAY 09 MAR

A.I.

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…

ASHUTOSH SINGH — 2 MIN READ

TUESDAY 24 FEB

NEWS

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,…

SOUMYADEEP SARKAR — 2 MIN READ
India Startup Funding News

SATURDAY 14 FEB

CULTURE & POLICY

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…

ASHUTOSH SINGH — 2 MIN READ
India offers 20-year GIFT City tax holiday and 2047 cloud tax exemption to attract global AI and finance hubs

THURSDAY 29 JAN

BUSINESS

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…

ASHUTOSH SINGH — 2 MIN READ
Swiggy plans ₹10,000 crore fundraising

WEDNESDAY 28 JAN

BUSINESS

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…

ASHUTOSH SINGH — 2 MIN READ
Shadowfax IPO debut

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