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Entrepreneurship
Pony AI Raises $260M IPO Goal on Nasdaq for Chinese AV Push
Chinese autonomous vehicle startup Pony AI is setting its sights on a sizable Nasdaq IPO, boosting its fundraising target to around $260 million. This represents a significant jump from its previous goal of $224 million, as the company…
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Codecrafters Pushes Developers to New Heights with Complex, From-Scratch Projects
Codecrafters, a Y Combinator-backed startup, is on a mission to challenge seasoned developers with intricate, ground-up building projects that go beyond basic tutorials. Founded by Sarup Banskota and Paul Kuruvilla, the platform aims to…
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Physical AI Startup BrightAI Soars to $80M in Revenue Through Bootstrapping
In a remarkable feat, the physical AI startup BrightAI has managed to bootstrap its way to an impressive $80 million in revenue without raising any outside capital. Founded in 2019 by a seasoned team including former SmartThings CEO Alex…
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Accel Backs Swish: The 10-Minute Food Delivery Startup Shaking Up Bengaluru
Accel, the renowned venture capital firm, has led a $2 million funding round for Swish, a promising 10-minute food delivery startup based in Bengaluru. The investment will help Swish expand its operations and refine its rapid delivery model…
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Google.org Pledges $20M to Empower AI-Driven Scientific Breakthroughs
Google.org, the tech giant's philanthropic arm, has announced a landmark $20 million funding initiative to support researchers and scientists using artificial intelligence (AI) to drive transformative scientific breakthroughs. The…
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Ex-Duolingo Leaders Launch Startup to Revolutionize College Access
Ex-executives from the popular language learning app Duolingo have raised $13 million in seed funding to start a new venture aimed at making college education more affordable and accessible. The startup, tentatively named Outsmart…
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Oyo’s Founder Seeks $3.8 Billion Valuation for New Investment
Oyo, the Indian hospitality startup, is seeking a new investment at a valuation of $3.8 billion. This represents a 38% premium over the company's recent $2.3 billion valuation in June, but still significantly lower than its 2019 peak of $10…
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Indian Wellness Startup HealthKart Secures $500M Valuation in New Investment
Indian nutrition and wellness startup HealthKart has secured a valuation of around $500 million in a new all-secondary investment round of $153 million. The funding was co-led by private equity firms ChrysCapital and Motilal Oswal, with…
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Norwegian startup Factiverse wants to fight disinformation with AI
In the aftermath of the 2024 U.S. presidential election, one thing became painfully clear: online disinformation was spreading at an alarming rate, shaping Americans' perceptions of candidates and key issues like public health, climate…
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Indian Startups Raise $182.62M Across 24 Deals in a Funding Surge
Indian startups continued to attract significant investment this past week, with 24 companies raising around $182.62 million in funding. The week saw a mix of growth-stage and early-stage deals, highlighting the diverse range of…
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