Business

In a major development in the quick commerce sector, Mumbai-based Zepto has raised $665 million in a Series F funding round that more than doubles its valuation to $3.6 billion. Glade Brook Capital, Nexus Venture Partners and StepStone…
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After years of production issues and struggles to reach sales goals, electric vehicle startup Fisker has officially filed for Chapter 11 bankruptcy protection, marking the end of the road for the troubled automaker. A comprehensive timeline…
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In a development that could help propel the promising yet developing field of quantum computing, Paris-based quantum startup C12 has raised €18 million ($19.4 million) in funding according to a statement released yesterday. Founded in 2020…
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Doctors today face unprecedented administrative burdens that can take them away from direct patient care. Excessive time spent documenting patient encounters eats into their workdays, and the notes often need to be done after hours. This…
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A Massachusetts-based food technology firm developing meat alternatives from plant proteins has secured an $11 million investment that will help take its mission of creating better plant-based options to new heights. Tender Food Inc.,…
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Much-hyped EV maker Fisker Inc. has filed for Chapter 11 bankruptcy after months of struggles with its flagship Ocean SUV model, according to court filings. Founded by renowned automotive designer Henrik Fisker, the California-based…
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As artificial intelligence tools grow more intelligent, they also must become wiser in addressing the varied needs of different populations. John Pasmore, a veteran tech founder, eagerly tested ChatGPT upon its release but soon noticed…
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Once valued at $10 billion, Oyo Rooms has closed a new funding round that sees its valuation drop to $2.5 billion. The Indian startup, which operates a network of budget hotels across the country, has finalized raising around $100-125…
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As tech heavyweights unleash new innovations this summer, competition is heating up across industries. In the artificial intelligence space, Apple debuted major upgrades to Siri at its annual developer conference, promising a more…
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Kinnect is an engaging new app looking to fill a significant void for families. In today's fast-paced world, cherished memories and family stories are often lost to the passage of time. However, Kinnect aims to change that by providing a…
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