CID takes up probe on fintech startup Jar; HC hears plea for quashing FIR – The Economic Times
The Criminal Investigation Department (CID) is investigating fintech startup Jar under the Banning of Unregulated Deposit Schemes Act, 2019, based…
Tag: Economic
AI self-driving startup Wayve worth $8.6 billion after fresh funding – The Economic Times
Wayve, a British startup specialised in artificial intelligence for self-driving vehicles, revealed Wednesday a valuation of $8.6 billion thanks to…
Medical equipment startup Pulse raises $4 million in round led by 3one4 Capital – The Economic Times
Medical equipment startup Pulse has raised $4 million in a funding round led by 3one4 Capital, with participation from Incubate…
Stripe valuation jumps to $159 billion in latest employee share sale – The Economic Times
Stripe was valued at $159 billion in a tender offer for employees and shareholders, the fintech firm said on Tuesday,…
Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry – The Economic Times
Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry…
Recruitment tech startup HireBound raises $2 million in round led by Kalaari Capital – The Economic Times
Recruitment tech startup HireBound has raised $2 million in a seed funding round led by Kalaari Capital. The round also…
Healthcare startup Oncare raises Rs 27 crore in round led by Sky Impact Capital – The Economic Times
Gurugram-based healthcare startup Oncare raised Rs 27 crore in a Series A round led by Sky Impact Capital. The startup…
Indian AI innovations make their mark – The Economic Times
While global tech giants have dominated headlines with billion-dollar models and record-breaking compute clusters, India made a solid attempt to…
Gains with a human connection remains consistent in age of AI: Zoom COO Aparna Bawa – The Economic Times
Artificial intelligence (AI) is likely to alter how work gets done and may affect certain roles, but its impact will…
Livspace lays off 1,000 employees, cofounder Saurabh Jain exits amid AI-led overhaul – The Economic Times
Home decor startup Livspace has laid off around 1,000 employees, or about 12% of its workforce, over the past six…
Chip startup Taalas raises $169 million to help build AI chips to take on Nvidia – The Economic Times
Toronto-based chip startup Taalas said on Thursday it had raised $169 million and said it has developed a chip capable…
Karnataka ties up with France and Poland on startup and innovation at AI Summit – The Economic Times
Karnataka’s IT/BT department signed two letters of intent with partners in France and Poland to boost startup and innovation ties…
Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuation – The Economic Times
US alternative asset manager Blackstone is leading a $1.2 billion (about Rs 10,867 crore) investment in cloud infrastructure startup Neysa…
Karnataka’s tech ecosystem raised $3.8 billion funding in 2025, says Kharge – The Economic Times
Karnataka’s tech ecosystem raised $3.8 billion in 2025, driven by strong early-stage funding momentum, IT/BT minister Priyank Kharge said in…
Borrowing costs easing for new-age lenders – The Economic Times
New-age digital lending companies are reporting easier cost of borrowing from banks and larger non-banking financial services firms as fledgling…
Union minister Dharmendra Pradhan chairs AI in education roundtable with founders of 10 new-age Indian edtech startups – The Economic Times
Union Minister for Education Dharmendra Pradhan on Wednesday chaired an Artificial Intelligence (AI) roundtable with founders of 10 new-age Indian…
Chinese AI startup Zhipu releases new flagship model GLM-5 – The Economic Times
China’s Zhipu AI released its latest artificial intelligence model on Wednesday, joining a wave of domestic rivals unveiling more sophisticated…
Fintech startup Fi gives up on B2C neo-banking, shifts focus to B2B tech services; plans layoffs – The Economic Times
Fintech startup Fi is undertaking a major restructuring exercise that will include staff layoffs and the sunsetting of several consumer-facing…