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Technology Startup Lays Off Over 80% Employees Amid Funding Issues-thumnail

Technology Startup Lays Off Over 80% Employees Amid Funding Issues

A promising technology startup has been pushed to take desperate measures after its efforts to secure expected funding flopped. The company, touted by various individuals for its remarkable proposed innovation

Business

Jun 21, 2024

HealthPresso All Geared up to Raise $1 Million in Pre-series a Funding-thumnail

HealthPresso All Geared up to Raise $1 Million in Pre-series a Funding

HealthPresso, a fast-growing healthtech startup, will raise $1 million in a pre-Series A funding round. This is, of course, a strategic development aimed at powering its growth and expansion as

Business

Jun 20, 2024

Tech Startup Funding in India Sees Revival After Two-Year Decline-thumnail

Tech Startup Funding in India Sees Revival After Two-Year Decline

While funding has been continuously sliding since the past, the Indian tech startup ecosystem is now showing signs of recovery. Tech startups raised USD 4.1 bln in the first half

Business

Jun 20, 2024

Yatra Online Acquires Additional 4.5% Stake in Adventure and Nature Network (ANN)-thumnail

Yatra Online Acquires Additional 4.5% Stake in Adventure and Nature Network (ANN)

Yatra Online, one of India’s leading online travel companies, has announced the acquisition of an additional 4.5% stake in Adventure and Nature Network (ANN). This strategic move signifies Yatra’s commitment

Business

Jun 20, 2024

Awfis Achieves Profitability in Q4; Reports INR 1.4 Crore PAT and 45% YoY Revenue Growth-thumnail

Awfis Achieves Profitability in Q4; Reports INR 1.4 Crore PAT and 45% YoY Revenue Growth

Awfis, one of India’s largest coworking operators, announced its latest milestone in achieving profitability for the fourth quarter of FY23. It has posted a profit after tax of INR 1.4

Business

Jun 19, 2024

Warburg Pincus to Lead $100-150 Million Funding in SoftBank-Backed Whatfix-thumnail

Warburg Pincus to Lead $100-150 Million Funding in SoftBank-Backed Whatfix

Global private equity firm Warburg Pincus is poised to lead a substantial funding round for the digital adoption solutions company Whatfix, aiming to inject between $100 million to $150 million.

Business

Jun 19, 2024

Government to Review Progress of INR 10,372 Crore India AI Mission-thumnail

Government to Review Progress of INR 10,372 Crore India AI Mission

The government of India is all geared up for reviewing the progress of its ambitious INR 10,372-crore India AI mission. Multipurpose in intent, the mission underlines the aspiration of positioning

Artificial Intelligence

Jun 19, 2024

CuspAI Raises $30M to Transform Materials Science Using AI-thumnail

CuspAI Raises $30M to Transform Materials Science Using AI

CuspAI is a deep tech startup that deploys artificial intelligence to build next-generation materials; it now raises $30 million in Series A funding. Leading the funding round was a tower

Business

Jun 18, 2024

Alyve Health Raised a $5.5M Series A Funding Round Led by Axilor Ventures-thumnail

Alyve Health Raised a $5.5M Series A Funding Round Led by Axilor Ventures

Alyve Health, a significant Health-tech startup, raised $5.5 million as part of its Series A funding round. The round was led by Axilor Ventures and saw the participation of existing

Business

Jun 18, 2024

NATO Unveils $1.1 Billion Fund to Fuel AI, Robotics, and Space Tech Innovation-thumnail

NATO Unveils $1.1 Billion Fund to Fuel AI, Robotics, and Space Tech Innovation

In a hurry to remain ahead of technology, NATO has established a $1.1 billion innovation fund to fund artificial intelligence, robotics, and space technology development. It is one part of

AI

Jun 18, 2024

Crypto Startup Funding Surpasses $100 Billion Mark in a Decade-thumnail

Crypto Startup Funding Surpasses $100 Billion Mark in a Decade

Crypto has reached some key milestones, with funding for crypto startups surging past the $100 billion mark over the last decade. This clearly exemplifies the growing interest and investment flowing

Business

Jun 17, 2024

Fintech Unicorn Slice Gets $20 Million in Debt Funding from Neo Asset Management-thumnail

Fintech Unicorn Slice Gets $20 Million in Debt Funding from Neo Asset Management

Indian fintech startup and fast-moving unicorn Slice has closed $20 million in debt financing from Neo Asset Management. This investment will be used as part of Slice’s broader ambition to

Business

Jun 17, 2024


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