Startups: News
02 Jul 2024
Goldman SachsIndian-American CEO Rishi Shah jailed for $1 billion fraud
Rishi Shah, the ex-billionaire co-founder of Outcome Health, has been sentenced to seven and a half years in prison, following his conviction on over a dozen charges of fraud and money laundering.
29 Jun 2024
Climate ChangeOcean as ally? Start-ups explore CO2 storage in deep blue
In an effort to mitigate climate change, over a dozen start-ups are investigating methods to enhance the ocean's natural carbon dioxide (CO2) absorption capacity, reports The Wall Street Journal.
26 Jun 2024
IndiaAccel focusing on rural India in search for next unicorns
Accel, a prominent investor in Indian e-commerce and marketplace start-ups, is redirecting its investment focus toward smaller towns and villages in India.
25 Jun 2024
IndiaIndia plans $6 billion investment in GenAI by 2027
India is tipped to invest over $6 billion in generative AI (GenAI) by 2027, as per a report from the International Data Corporation (IDC).
24 Jun 2024
MeitYIndia set to boost AI infrastructure with GPU tender
The Ministry of Electronics and Information Technology (MeitY) in India, is preparing to release a tender for Graphics Processing Units (GPUs) procurement.
21 Jun 2024
Electric VehiclesMethane to power EVs? Bill Gates-backed startup claims battery breakthrough
US-based start-up, Molten Industries, has announced a significant breakthrough in battery technology for electric vehicles (EVs).
20 Jun 2024
Artificial Intelligence and Machine LearningOpenAI's ex-chief scientist Ilya Sutskever launches new AI start-up
Ilya Sutskever, the former chief scientist and co-founder of OpenAI, has launched a new artificial intelligence (AI) company. It is known as Safe Superintelligence Inc. (SSI).
19 Jun 2024
GSTDelta Corp shares soar on reports of potential GST waiver
Shares of online gaming company Delta Corp, hit a five-month high on Wednesday, following reports that the GST Council may consider an amendment to the CGST Act.
19 Jun 2024
Artificial Intelligence and Machine LearningEx-Snap engineer launches Butterflies, a social network for AI-human interaction
Vu Tran, a former engineering manager at Snapchat, has launched a revolutionary social network app called Butterflies.
18 Jun 2024
Electric VehicleseBikeGo eyes EV two-wheeler fleet expansion to 1 lakh
eBikeGo, an electric vehicle rental service, has announced plans to expand its electric two-wheeler fleet to one lakh units by FY26.
16 Jun 2024
Jitendra SinghOver 40 Indian quantum technology start-ups emerge in 2 years
India has witnessed a significant surge in quantum technology start-ups, with over 40 new ventures emerging in the past two years, with a few of them having global potential.
16 Jun 2024
United States of AmericaLab-grown meat start-up halts operations due to insufficient funding
SCiFi Foods, a well-known start-up in the lab-grown meat industry, has announced its closure.
11 Jun 2024
Competition Commission of IndiaMeitY to discuss Digital Competition Bill concerns with industry stakeholders
The Ministry of Electronics and Information Technology (MeitY) has scheduled two meetings with industry stakeholders to address their apprehensions about the Digital Competition Bill.
07 Jun 2024
TechnologyZoho to enter semiconductor production in India
Chennai-based tech giant, Zoho Corp, has unveiled plans to venture into semiconductor fabrication in India.
05 Jun 2024
United States of AmericaDARPA and Slingshot Aerospace develop satellite identification system for US
DARPA has collaborated with start-up Slingshot Aerospace, to create a system capable of identifying potentially harmful satellites concealed within mega-constellations.
04 Jun 2024
SamsungSamsung files lawsuit against Oura ahead of Galaxy Ring launch
Samsung has initiated a lawsuit against Finnish start-up Oura, aiming to circumvent potential intellectual property disputes linked to the launch of the Galaxy Ring.
04 Jun 2024
Burj KhalifaBurj Khalifa architects want to turn skyscrapers into gravity-powered batteries
Skidmore, Owings & Merrill (SOM), the architects behind the world's tallest building, Burj Khalifa, are joining forces with energy storage start-up Energy Vault.
31 May 2024
MakeupHere's how to master interview attire codes
Navigating the world of job interviews can be daunting, especially when it comes to selecting the right outfit.
28 May 2024
IndiaMARS Unicorn Fund pumps $50 million into Indian start-up Infra.Market
The Mumbai-based start-up, Infra.Market, has received a fresh investment of $50 million from MARS Unicorn Fund.
28 May 2024
Artificial Intelligence and Machine LearningIYO ONE earbuds with built-in AI take on Humane, Rabbit
California-based start-up IYO has opened pre-orders for its latest product, the Gen AI earbuds named IYO ONE.
24 May 2024
UnicornSlice founder Rajan Bajaj's salary was mere ₹12 in FY23
Rajan Bajaj, the founder of fintech unicorn Slice, drew an annual salary of just ₹12 in FY23, as per a report by PrivateCircle Research.
22 May 2024
Initial Public Offering (IPO)OYO retreats from IPO plans for the second time
Indian budget hotel chain, OYO, has withdrawn its initial public offering (IPO) application, from the Securities and Exchange Board of India (SEBI) for the second time.
22 May 2024
Artificial Intelligence and Machine LearningHumane eyes potential sale after AI Pin's lackluster debut
Humane, the start-up behind the AI Pin wearable computer, is reportedly on the hunt for a buyer.
20 May 2024
SingaporePine Labs gains approval to merge Singapore and Indian units
Merchant commerce start-up, Pine Labs, has bagged approval from a Singapore court to merge its local entity with its Indian unit.
14 May 2024
RobotsCruise founder launches robotics start-up, raises $150 million
Kyle Vogt, the ex-founder and CEO of self-driving car firm Cruise, has launched a new robotics start-up named the Bot Company.
11 May 2024
Securities and Exchange Commission (SEC)Meesho secures $275 million in funding, eyes further capital infusion
Meesho, an Indian e-commerce start-up, has successfully secured funding of $275 million from its existing investors, as per regulatory filings with the Securities and Exchange Commission (SEC).
08 May 2024
ChinaChina's Zhipu AI to launch Sora competitor in 2024
Chinese artificial intelligence start-up, Zhipu AI, is set to introduce its own version of OpenAI's text-to-video service, Sora.
07 May 2024
ChinaShanghai-based start-up unveils autonomous EV charging robot: Everything we know
Shanghai-based start-up, Zongmu Technology, is set to transform the electric vehicle (EV) charging landscape, with its autonomous charging robot, FlashBot.
06 May 2024
IndiaIndian startup launches first indigenously designed microcontroller chip
In a significant technological breakthrough, Mindgrove Technologies, a startup incubated at IIT Madras, has launched its first microprocessor chip.
01 May 2024
Climate ChangeSilicon Valley giants back start-up that pumps poop below ground
Silicon Valley's leading tech companies have invested $58.3 million in Vaulted Deep, a climate change start-up.
29 Apr 2024
Layoff NewsHealthify lays off 150 employees to increase profitability
Healthify, a Bengaluru-based healthtech start-up, has announced the dismissal of approximately 150 employees.
28 Apr 2024
Electric VehiclesChennai-based start-up to develop electric air taxi by March 2025
Chennai-based start-up, The ePlane Company, is planning to develop a certifiable prototype of an electric air taxi by March 2025.
25 Apr 2024
FinanceLenskart in talks to raise $200M at valuation of $5B
Lenskart, a prominent eyewear retailer in India, is reportedly discussing a potential $200 million investment deal with Singapore's Temasek and US-based Fidelity.
24 Apr 2024
Stanford UniversityFormer Stanford University president's AI start-up raises $1 billion
Xaira Therapeutics, a new entrant in the drug development industry, has successfully raised $1 billion in funding.
24 Apr 2024
Space NewsThis start-up is planning to mine asteroids for precious metals
AstroForge, a California-based start-up founded by Matt Gialich and Jose Acain in 2022, is making strides in the burgeoning field of asteroid mining.
24 Apr 2024
IndiaHow do air-conditioned helmets for Indian traffic cops work?
Indian traffic police are now benefiting from air-conditioned (AC) helmets, designed to help them endure the intense heat during their duty hours.
24 Apr 2024
Space NewsSpace start-up claims to have discovered propellant-free propulsion system
Exodus Propulsion Technologies, a space start-up, has announced a significant advancement in propellant-free propulsion.
24 Apr 2024
IndiaZilingo ex-CEO Ankiti Bose files FIR against co-founder, COO
Ankiti Bose, the former CEO and founding member of fashion-focused e-commerce start-up Zilingo, has filed an FIR against co-founder Dhruv Kapoor, and ex-Chief Operating Officer (COO) Aadi Vaidya.
24 Apr 2024
NVIDIAAI startup Perplexity hits unicorn status as it challenges Google
Perplexity, an emerging startup in the artificial intelligence (AI) search field, has raised approximately $63 million in its latest funding round.
23 Apr 2024
HyderabadIndian space-tech startup raises $9.4M to build spacecraft manufacturing facility
Dhruva Space, an Indian space-tech startup, has successfully raised $9.4 million in its latest funding round.
