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Aurora Innovation, a leading autonomous driving technology company, is seeking to raise hundreds of millions more in capital as it works towards launching commercial operations with driverless trucks by the end of 2024. The company filed…
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In a move that will significantly bolster its AI capabilities, Canva has announced plans to acquire Australian generative AI startup Leonardo.AI. As one of the leading providers of visual content creation tools, Canva sees this acquisition…
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A leading artificial intelligence startup has closed a substantial funding round that will help more businesses across the Middle East and North Africa tap into the transformative power of AI. Intelmatix, which has developed an enterprise…
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In a surprising turn of events, leading cloud security provider Wiz rejected a massive $23 Billion acquisition offer from Google last week to remain an independent company. According to sources close to the matter, Google had approached Wiz…
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ElectricPe, a leading EV charging network player, has secured $3 million in additional capital from existing investors to fuel its expansion plans. The company helps EV users easily find and pay for charges across India through its…
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Mukund Jha, co-founder of the popular quick commerce startup Dunzo, is reportedly closing a funding round of INR 50-80 crore for his new General Artificial Intelligence venture. Jha had stepped down from Dunzo last year to pursue new…
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Raise Financial Services, the parent company of popular stock investment app Dhan, is reportedly in talks to raise around $100 million in fresh funding. If successful, this round would value the fintech startup between $1.2-1.5 billion,…
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In a move that could help strengthen India's sporting ecosystem, leading sportstech platform Game Theory has brought renowned athletes on board as investors. Chief national badminton coach Pullela Gopichand and table tennis veteran Sharath…
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The Indian government recently shared an encouraging update on the progress of its Electronics Manufacturing Scheme. According to information provided to Parliament, over $1B has been invested under the initiative as of this past June.…
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Funding activity in the Indian startup ecosystem declined significantly this past week as entrepreneurs managed to collectively raise just $43 million across 12 deals. This marked a sharp decrease of over 65% compared to the $200 million…
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