Upgrad co-founder Mayank Kumar has stepped down from his executive role. The move signals a shift in the leadership dynamics and it is evident that the edtech space is facing pressure in a post-pandemic world. Kumar has been instrumental in the rise of Upgrad and he is now stepping into his next venture. The exit […]

PetStrong, a Gurugram-based pet food company focused on the Indian market, has announced the completion of its latest funding round led by Auxano Capital with participation from CXOs from various Industries. While the investment amount has not been disclosed, this funding is crucial for enhancing pet health across the country, specifically targeting the protein deficiency […]

Table Space is coming up with an IPO and it is targeting a valuation of $2.5 billion. The move highlights growing momentum in the flexible workspace space in India. The startup was founded in 2017 and is trying to capitalize on the rising demand of tech-enabled office solutions. The approach is timely and reflects a […]

Securing Series A funding has become an uphill battle for early-stage ventures today. Investors are becoming more cautious and sharpening their focus on product-market fit (PMF). Only the most viable startups seems to move forward now. Venture Intelligence report reveals that only one in four startups securing seed funding are reaching to a Series A […]

SaaS startup Toplyne has shut down its operation. It has also decided to return $17 million to investors and this has sparked conversation in the world of startups. Raising funds in this era is often seen as a victory and the choice of refunding is a rare act of transparency. The San Francisco and Bengaluru-based […]

Hyderabad-based robotics startup Perceptyne lately secured $3 million in seed funding co-led by Endiya Partners and Yali Capital along with contributions from Whiteboard Capital and other angel investors. The fresh funding highlights growing recognition of AI-powered robotics in industries like manufacturing, electronics and logistics. Perceptyne was founded by Raviteja Chivukula, Jagga Raju Nadimpalli and Mrutyunjaya […]

Former CEO and executive chairman of Cisco Systems, John Chambers, highlighted a bold vision lately for India’s startup ecosystem. He tried to explain the hinges on the transformative power of artificial intelligence (AI) during a CNBC-TV18 fireside chat at the US-India Strategic Partnership Forum’s Annual India Leadership Summit 2024. The optimism of Chambers about India’s […]

Games24x7 is branching out from gaming to mentor startups. It has decided to step in the tech segment through its TechXpedite accelerator program. It of course seems a strategic move for the gaming unicorn and simultaneously highlights its broader ambitions. The branching out is also a natural progression toward becoming a more diversified tech platform. […]

Novo Nordisk has recently collaborated with 10 Indian AI startups and it marks a significant moment for the Indian AI ecosystem. The Danish company is known for its weight loss drug Wegovy in the world and is leveraging homegrown AI innovation to streamline operations and enhance efficiency. Novo Nordisk managing director for global business services […]

Mumbai-based Good Glamm Group has lately acquired Sirona Hygiene in an all-cash deal worth Rs 450 crore (approximately $60 million). It is a strategic move by the beauty and personal care giants to dominate the femtech space. Sirona Hygiene has a diverse product portfolio and is aimed at breaking taboos surrounding feminine hygiene. It has […]