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After Op Sindoor Success, Indian Drone Startup Raises Massive $100 Million
UAV manufacturing startup Raphe mPhibr, whose drones participated in Operation Sindoor, has raised $100 million in a funding round led by General Catalyst.
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Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Ex-Startup Founder Struggles To Find A Job, Says "No One Is Calling Back"
A former startup founder recently opened up on Reddit about his struggles to find a job after entrepreneurship, despite having done it all.
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Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
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Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
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OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
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"It's Not Just My Story": Bengaluru CEO Says He Struggled To Afford Rent Despite Raising Rs 120 Crore
Harsh Pokharna, the co-founder and CEO of Bengaluru-based OKCredit, recently shared that he was "broke" in 2019 and living paycheck by paycheck despite securing Rs 120 crore in funding for his startup.
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Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
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Bill Gates Explains Why He Didn't Fund Daughter Phoebe's Business: "I Would Have..."
Phoebe Gates, 22, recently launched her startup Phia, a digital fashion platform that aggregates clothing prices across over 40,000 websites.
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Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
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India Ranks 2nd After US In Funding Women-Led Tech Startups: Report
In total, these startups have raised a funding of $26.4 billion, with the highest fund coming in the year 2021 ($6.3 billion).
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Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
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After Op Sindoor Success, Indian Drone Startup Raises Massive $100 Million
UAV manufacturing startup Raphe mPhibr, whose drones participated in Operation Sindoor, has raised $100 million in a funding round led by General Catalyst.
-
Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Ex-Startup Founder Struggles To Find A Job, Says "No One Is Calling Back"
A former startup founder recently opened up on Reddit about his struggles to find a job after entrepreneurship, despite having done it all.
-
Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
-
Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
-
OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
-
"It's Not Just My Story": Bengaluru CEO Says He Struggled To Afford Rent Despite Raising Rs 120 Crore
Harsh Pokharna, the co-founder and CEO of Bengaluru-based OKCredit, recently shared that he was "broke" in 2019 and living paycheck by paycheck despite securing Rs 120 crore in funding for his startup.
-
Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
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Bill Gates Explains Why He Didn't Fund Daughter Phoebe's Business: "I Would Have..."
Phoebe Gates, 22, recently launched her startup Phia, a digital fashion platform that aggregates clothing prices across over 40,000 websites.
-
Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
-
Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
-
India Ranks 2nd After US In Funding Women-Led Tech Startups: Report
In total, these startups have raised a funding of $26.4 billion, with the highest fund coming in the year 2021 ($6.3 billion).
-
Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
