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Accounting tasks like reconciling general ledgers and finding discrepancies can be mundane and time-consuming work. A Danish startup called Anthropic believes AI has the power to lighten this load for businesses. Having developed a novel…
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With climate change becoming an urgent concern, reducing household energy usage is more important than ever. A new startup believes artificial intelligence holds the key to empowering homeowners to make impactful changes. Kelvin, a San…
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A fast-growing financial technology company has raised $14 million to launch its unique real estate investment platform in Saudi Arabia and Abu Dhabi. Stake allows individuals to purchase shares in high-end residential properties with as…
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The Ministry of Commerce is understood to be exploring avenues to seek more funding for startups in the upcoming Budget, as it looks to energize innovation nationwide. Sources indicate the new government may deliver its Budget for fiscal…
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A new €50 million venture capital fund has launched in Italy with the goal of backing promising entrepreneurs with big plans to take their businesses global. The Italian Founders Fund, based in Milan, will invest in early-stage tech…
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The past week saw Indian startups rake in a total of $97 million across 10 funding deals, though the amount marked a 55% decline from the $217 million secured in the previous period. Leading the way was the lending sector, with fintech…
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In a surprising move, BlackRock, one of the largest asset management firms globally, has written down the entire valuation of its stake in India's leading edtech startup Byju's. According to sources familiar with the development, BlackRock…
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The once high-flying Indian edtech sector has taken a nosedive amid a funding winter, with major players like BYJU's now struggling to justify sky-high valuations from just months ago. In a shocking assessment, banking titan HSBC has…
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In a major development for the software sector, Carta, a company that operates a stock management platform for private companies, is set to see its valuation slashed by billions as part of an upcoming secondary stock sale. Sources familiar…
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Reputable sources have revealed that Sword Health, a leading provider of virtual physical therapy powered by artificial intelligence, has raised $130 million in a new funding round while allowing employees to sell $100 million worth of…
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