India is very far from the “uncanny valley” of San Francisco, but it has a massive trove of engineering talent, and some of those people are hopping on […]
Carta’s valuation to be cut by billions in an upcoming secondary sale
Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the […]
Samsung Medison to acquire French AI ultrasound startup Sonio for $92.7M
Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that […]
Nanonets gets Accel India’s backing to improve AI-based workflow automation
Nanonets, a startup using AI to automate back-office processes, has raised $29 million in a new funding round led by Accel India as it seeks to improve the […]
Anecdotes lands $25M to expand its governance, risk management and compliance business
Governance, risk management and compliance — GRC for short — remains one of the most active startup areas in terms of VC investments. According to Tracxn, the private […]
How India will navigate EVs in 2024
India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and […]
ShareChat faces large valuation cut in new funding
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources […]
Tribe Capital eyes leading $75M-plus funding in India’s Shiprocket
Tribe Capital is in talks to lead a $75 million to $100 million funding into the logistics aggregator Shiprocket, according to a person familiar with the matter, a […]
India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3 to […]
Vanguard slashes Ola valuation by 60%-plus; NB reduces Pharmeasy’s by over 90%
The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by nearly two thirds since original investment, and Neuberger […]