Business

India: National icon and chairman emeritus of the Tata Group, Ratan Tata, passed away on Wednesday at the age of 86 in Mumbai. The industrialist had a illustrious career spanning over 50 years, during which he led the over $100 billion…
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French health insurtech startup Qantev has raised €30 million in a Series B funding round to further develop its specialized artificial intelligence models that are tailored to automate insurance claims processing. Founded in 2018 by…
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A platform developed to streamline genomic data analysis and make biological discoveries more accessible has secured $10 million in funding. MiLaboratories, based in San Francisco with R&D in Spain, has built a computational biology…
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Unify, a startup that uses AI to power personalized outbound sales messaging, has raised $12 million in Series A funding. The round was led by existing investors Emergence Capital and Thrive Capital, along with participation from OpenAI…
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One of the pioneering firms utilizing artificial intelligence to simplify home lending has hit a major snag after losing its license to operate in Connecticut. LoanSnap, which had raised millions from prominent backers to digitalize the…
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A buzzing South Korean startup has landed a major round of funding to propel their platform aimed at streamlining machine learning model deployment. VESSL AI closed a $12 million Series A round that they will use to improve their machine…
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Revyze, a French edtech startup, has found success by tapping into students' desire for short-form, on-the-go learning. Within just two years, the company's "TikTok for education" app has amassed over one million users and hit #1 on the App…
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Exicom, a leader in electric vehicle charging and critical power solutions, has acquired Tritium, one of the pioneering manufacturers of high-power DC fast chargers. The all-cash deal valued at $37 million will see Exicom take ownership of…
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Riding the rising wave of quick commerce and food delivery, Yulu - an electric bike rental company - has crossed a key milestone. The Bengaluru-based startup has turned a profit at the operating level and seen its annual recurring revenue…
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Indian startups raised $86.4 million across 16 deals last week, a decline of over 80% from the previous week's funding of $432.2 million across 24 deals. The top funded startup was Mstack, which raised $40 million in a Series A round…
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