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…
Tag: Economic
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…
Medical robotics startup Articulus Surgical raises funding from Kalaari Capital – The Economic Times
Medical startup Articulus Surgical has raised funding from Kalaari Capital, as it looks to commercially roll out its indigenously built…
Healthcare startup Preventify raises Rs 2 crore in funding round led by PedalStart – The Economic Times
Healthcare startup Preventify has raised Rs 2 crore in a pre-seed funding round led by PedalStart, alongside participation from angel…
VC-backed wealth management startups see revenue rise, losses widen – The Economic Times
India’s wealthtech ecosystem, having raised more than $100 million in funding from prominent VCs in 2024-25, continues to reel in…
SpaceX merger provides lifeline for Elon Musk’s debt-ridden AI startup – The Economic Times
By many counts, SpaceX is the most successful venture Elon Musk ever started. The rocket maker revolutionized the space industry,…
US startup sets eyes on real-world AI applications in India – The Economic Times
Artificial intelligence (AI) has become popular because of tools such as ChatGPT that can converse in human-like language, but deployment…
WaveX invites applications from startups for ‘India AI Summit’ next month – The Economic Times
Government’s startup accelerator platform WaveX on Friday said it has invited applications from startups for participation in the ‘India AI…
Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow – The Economic Times
Fintech startup Cred reported consolidated operating revenues of Rs 2,735 crore in FY25, a 16% increase over the previous year,…
Apple acquires Israeli audio AI startup Q.ai – The Economic Times
Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did…
Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns – The Economic Times
Procurement technology startup 1Buy.ai , founded by Visham Sikand of Goals101 fame and Nitin Jain, cofounder of OfBusiness, has raised…