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How Mystore is Using AI to Enhance Online Shopping through Semantic Search on ONDC
Mystore, a leading ONDC-connected marketplace, has incorporated an artificial intelligence-powered semantic search feature on its buyer and seller apps. The new functionality aims to simplify the searching process and increase product…
Emerging Indian Cities Show Strong Startup Funding Growth in H1 2024
A recent survey conducted by INC42 indicates that investors are bullish about the expansion of India's booming startup ecosystem across new regions. The survey projected Pune, Hyderabad, Chennai, Jaipur and Ahmedabad as the cities most…
Event startup Posh raises $22 million to enhance personalization and expand event categories
A growing event platform has secured funding to improve its recommendation capabilities and diversify its offerings, aiming to become the go-to app for discovering niche gatherings. Posh, which focuses on intimate events for hundreds of…
Digital Banking Startup Abruptly Shuts Down Services for Founders in Restricted Countries
Digital banking solutions provider Mercury made headlines earlier this year due to regulatory scrutiny over its account opening practices. Now, the company has updated its eligibility criteria, discontinuing support for founders located in…
High School Student Raises $2.3 Million for Analytics Startup Aviato
At just 17-years-old, Eric Zhu has already raised $2.3 million in seed funding for his startup Aviato after launching the company from an unlikely location - the bathroom of his high school. Aviato provides analytical insights on private…
Monarch Tractor overcomes service issues, secures $133M to fuel expansion of autonomous electric…
The CEO of Monarch Tractor, an electric tractor startup focusing on automation, has stated that a recent $133 million funding round will help propel the company past certain difficulties faced in recent months. Praveen Penmetsa told this…
Could Alphabet’s Rumored $23B Acquisition of Cybersecurity Unicorn Wiz Spark a Revival in VC
Reports emerged last week that tech giant Alphabet, the parent company of Google, is in talks to acquire cybersecurity startup Wiz for a staggering $23 billion. If completed, this would represent one of the largest exits on record and have…
Nebius Aims to Dominate European AI Infrastructure Market
Former tech giant Yandex has reformed under a new identity as Nebius, an ambitious startup aiming to become a major player in European AI infrastructure. Led by Yandex co-founder Arkady Volozh, Nebius inherits over a decade of experience…
Tech Giants Pursue Acquisitions of Burgeoning Startups in Record M&A Spending
Tech giants have been on a major acquisition spree in recent weeks, highlighting increased deal-making activity in the startup space. Google in particular has made headlines with its ambitious plans to purchase top cloud security provider…
How Startups Are Working to Prevent Another Major Outage Like CrowdStrike’s Through More Resilient…
The massive technical disruption caused by a faulty CrowdStrike software update last week highlighted the potential consequences when a single point of failure impacts core systems underpinning international operations. In response, some…
