Business

In a major funding round, Poolside - an AI tech firm creating tools to aid software developers - has raised $500 million. The Series B funding round was led by investing powerhouse Bain Capital Ventures, and also included participation from…
Read More...

Leading artificial intelligence research company OpenAI announced this week that it has closed an enormous funding round, raising $6.6 billion at a valuation of $157 billion. This massive injection of capital positions OpenAI as one of the…
Read More...

Cold fusion has long captivated scientists and investors alike with its tantalizing promise of providing clean, abundant energy. Now, one startup is the latest to take a fresh approach to realizing this dream after raising $15 million in…
Read More...

Harry Jones, co-founder and CPO of Motorway, has successfully launched five startups over the years along with his long-time colleagues Tom Leathes and Alex Buttle. In a recent podcast interview, Jones opened up about the experiences and…
Read More...

Leading AI sales company 11x has secured approximately $50 million in a Series B funding round led by venture capital firm Andreessen Horowitz. Sources familiar with the deal say the new investment values 11x at around $350 million. This…
Read More...

A startup recently launched through Y Combinator's accelerator program has found itself at the center of controversy. The company, called PearAI, unveiled an AI-powered coding editor last week. However, it was quickly discovered and…
Read More...

PB Fintech, the parent company of insurance aggregation platforms PolicyBazaar and Paisabazaar, saw its share price jump over 4% after the company's CEO confirmed plans to enter the healthcare sector. As per reports, PB Fintech is…
Read More...

Union commerce minister Piyush Goyal said that actual investments under production linked incentive (PLI) schemes stood at INR 1.46 lakh crore till August 2022. He expects investments to breach INR 2 lakh crore soon as more companies…
Read More...

As the funding winter continued to impact the Indian startup ecosystem in the financial year 2023-24, many established companies worked towards achieving profitability by cutting costs and improving operational efficiencies. According to an…
Read More...

Major Indian food delivery platform Swiggy is facing a potential goods and services tax (GST) demand of INR 327 crore from tax authorities regarding delivery fee collection. The company is also facing legal notices over allegations of…
Read More...