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Indian Startups Secure $138 Million in Funding Last Week Led by Fintech Unicorn Dezerv’s $32…
Indian startups had an active funding week as they raised a total of $138 million across 15 deals between July 7-13 according to a recent analysis. The largest round saw fintech startup Dezerv bag $32 million in its Series B funding round…
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Photo-sharing startup Retro alleges Google Photos borrowing key interface elements
Retro, the popular app for privately sharing photos with friends and family, alleges that Google Photos has drawn significant inspiration from its interface and functions for an upcoming update.
According to information shared on social…
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Defense Tech Booms as Military Veterans Take Lead in Venture Capital World
As the nation's focus on defense innovation grows, so too does investment flowing into startups creating advanced technologies for national security. A new analysis reveals over $35 billion poured into defense technology firms just last…
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Startup Secures Millions to Democratize Virtual Production for Indie Filmmakers
Visual effects have become essential for storytelling but are often out of reach for independent filmmakers due to high costs. A new company called Beeble AI is looking to change that by developing virtual production tools using artificial…
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EV Startup Fisker Files For Bankruptcy After Years of Production Delays and Financial Struggles
The electric vehicle startup Fisker has filed for Chapter 11 bankruptcy protection after facing numerous issues that undermined its operations. In a comprehensive timeline, the events that ultimately led to this outcome are documented.…
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Iceland’s Startup Scene Finds Strong Backing as Frumtak Raises $87M Venture Fund
The burgeoning tech ecosystem in Iceland received a major boost this month with the closing of an $87 million funding round by local venture capital firm Frumtak Ventures. This fourth venture fund, oversubscribed from its initial target,…
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Startup valuations reach record highs amid signs venture slump is easing
After a challenging period for venture capital backed businesses over the past two years, startup valuations have recently rebounded to pre-pandemic levels according to new data. While deal volumes remain below average, investors appear…
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Nala Raises $40 Million to Fuel Global Growth of Digital Payments Platform
Nala, a leading digital payments company, today announced it has raised $40 million in a Series A funding round led by San Francisco-based Acrew Capital. This injection of capital will fuel Nala's ambitious plans to build new financial…
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Paytm Allots Over 2.8 Lakh Additional Stock Options
In a move to reward employees, digital payments leader Paytm has expanded its employee stock ownership plan by allocating more than 2.8 lakh shares. As per an exchange filing, the Nomination and Remuneration Committee approved allotting…
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Crypto Scammers Defraud User of $1.7 Million in Coinbase Phishing Scam
In a disturbing series of events, a crypto investor recently found themselves on the receiving end of a sophisticated phishing attack, resulting in the theft of $1.7 million worth of digital assets. According to reports, the victim received…
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