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1 min read

Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals

The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its ri…

Lloyd Lee   


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1 min read

SpiceJet’s Ajay Singh might sell stake to raise funds for airline

SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…

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2 mins read

VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company

Venture capitalists pursue Mira Murati after her departure from OpenAI, as the company closes in on…

Sri Muppidi   


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3 mins read

AI startups should brace for a wave of down rounds, investors say. Here's how it might play out.

AI startups are eyeing acquihires and secondary share sales as valuations slump.

Riddhi Kanetkar   


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3 mins read

A startup pitching AI as a way to automate 80% of influencer-marketing tasks gets funding from billionaire Tim Draper

Influencer-marketing startup Dreamwell AI raised $2.3 million from Tim Draper and others as it seek…

Dan Whateley   


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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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8 mins read

Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head

Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…

PTI   


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4 mins read

After Adani, Hindenburg targets SEBI chief, she calls allegations baseless, character assassination

Hindenburg alleged that Buch and her husband had undisclosed investments in obscure offshore funds …

PTI   


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1 min read

Pure EV raises $8 million in latest funding round

The Hyderabad-based company said it is currently in the final stage of concluding its Series A1…

PTI   


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2 mins read

Zepto raises USD 665 million; Valuation nearly triples to USD 3.6 billion

Quick commerce company Zepto on Friday said it has raised USD 665 million (about Rs 5,560 crore) in…

PTI   


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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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2 mins read

The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered

Russia is looking into alternative payments infrastructure — which a top Russian banker said should…

Huileng Tan   


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4 mins read

GOP lawsuits over Kamala Harris using Biden campaign funds or headlining Democratic ballots will all fail, experts say

Republicans may sue over Kamala Harris taking Joe Biden's campaign cash and place on the ballot, bu…

Laura Italiano,Katherine Tang…   


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1 min read

Saudi Arabia is reportedly funding a Chinese startup that aims to take on OpenAI

A Saudi Arabian fund recently became the sole foreign investor in Zhipu AI, a Chinese startup that …

Beatrice Nolan   


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3 mins read

FOMO out, scrutiny in: VC investments fall 77% in Q1 2023 says KPMG

VC investments in India have decreased in Q1 2023, down 77% to $2.1bn as investors became more disc…

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2 mins read

Pee Safe raises $3 million from partial Series B round for expansion push

Pee Safe, a hygiene and wellness brand owned by Redcliffe Hygiene, has secured $3 million (approxim…

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1 min read

Zaggle garners Rs 25 cr from ValueQuest in pre-IPO round

Fintech player Zaggle Prepaid Ocean Services Ltd on Tuesday said it has raised Rs 25 crore from Val…

PTI   


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2 mins read

Indian startup funding slumps 75% YoY to $2.8 billion in Jan-Mar, as macro challenges weigh

The ongoing macroeconomic challenges have hit the Indian startup industry in terms of funding from …

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1 min read

Scapia raises USD 23 mn in a funding round led by Elevation Capital, 3STATE Ventures

Fintech company Scapia has raised USD 23 million in a funding round, led by Elevation Capital and B…

PTI   


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2 mins read

Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI