Meta to invest $900 mn in CRED, names Kunal Shah WhatsApp’s global CEO
CRED’s logo at the Global Fintech Fest in Mumbai, August 29, 2024. | Credit: Reuters/Francis Mascarenhas Meta Platforms Inc., the…
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Peak XV expands global fintech portfolio with Primer bet
Primer’s leadership team Venture capital firm Peak XV Partners has expanded its international fintech portfolio by participating in a $100…
Peak XV Partners bets on another AI startup to expand US portfolio
Credit: 123RF.com Venture capital firm Peak XV Partners, which primarily invests in India and Southeast Asia, has expanded its US…
Peak XV Partners exits decade-old fintech bet with poor returns
Shailendra Singh, managing director, Peak XV Partners Indian venture capital firm Peak XV Partners, which had a remarkable 2025 in…
Beams Fintech Fund set to wrap up first vehicle’s portfolio, mulls second offering
Sagar Agarvwal, co-founder and partner at Beams Fintech fund Beams Fintech Fund, a private equity firm that invests in financial…
Fundamentum, SMBC Asia Rising Fund bet on fintech startup Olyv
Rohit Garg, co-founder and CEO, Olyv Digital lending platform Olyv has raised $23 million (about Rs 208.7 crore) in its…
Medical AI startup OpenEvidence doubles valuation to $12 billion in latest round
Jan 21 (Reuters) – OpenEvidence, an AI startup whose tools are used by U.S. physicians, has raised $250 million in…
Google-backed Isomorphic Labs delays clinical trial timeline
Jan 20 (Reuters) – Isomorphic Labs, which uses artificial intelligence for drug discovery, expects to have its first clinical trials…
AI startup Cohere CEO says US holds edge over China in AI race – Reuters
Cohere CEO sees U.S. and Canada leading AI commercialization Gomez contrasts Nvidia CEO’s view on China’s AI position Liberal democracies…
Jeff Bezos to co-lead AI startup in first operational role since Amazon, NYT reports
Nov 17 (Reuters) – Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses…
EV startup Ultraviolette open to licensing battery tech to add revenue stream
Ultraviolette co-founders Narayan Subramaniam (left) and Niraj Rajmohan Electric two-wheeler startup Ultraviolette Automotive said on Tuesday it is open to…
Healthcare startup Abridge tops $5 billion valuation in A16z-led financing round
June 24 (Reuters) – Healthcare firm Abridge, which uses artificial intelligence to build medical documents, has raised $300 million at…