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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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Hardware companies face a challenging process when it comes to procuring the many parts needed for complex projects like rockets and satellites. The existing tools for requesting quotes, tracking orders, and managing workflows are outdated…
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Dubai-based spend management startup SiFi has secured a $10 million Series A funding round to deepen its presence within the fast-growing Saudi Arabian market. The investment will fuel SiFi's mission to give organizations across the kingdom…
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After raising a substantial $100 million funding round last year, the AI-powered lending startup LoanSnap is now facing significant legal issues according to new reports. The company, which uses machine learning algorithms to streamline the…
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Iceland's entrepreneurial community has discovered innovative ways to capitalize on the country's inherent strengths. The island nation is renowned for its natural beauty, with vast sparses landscapes and an abundance of renewable energy…
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Only a few years ago, Wesley Chan was scrubbing test tubes and washing lab equipment for minimum wage. Today, the venture capitalist is sitting on a golden pile after massively successfully exits from two unicorn startups. Chan's story…
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As the healthcare industry embraces new digital communication models, startup funding ebbs and flows. Popular patient engagement platform Jasper Health has made difficult cuts to adapt to economic headwinds. Reliable sources report…
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