India’s Zetwerk raises $70m, plans IPO
Zetwerk plans to pursue an IPO within 12 to 18 months, according to cofounder and CEO Amrit Acharya.
View ArticleMY’s Catcha Digital to acquire 60% stake in ad agency
This acquisition represents Catcha Digital's entry into the automotive digital media sector.
View ArticleThe 411 on this exclusive angel network
More: An inside look at XA Network, and Funding Societies’ latest fundraise.
View ArticleNio aims profitability, global growth by 2026
Nio aims to deliver 220,000 vehicles in 2024, with plans to double that number in 2025.
View ArticleTencent shares up 3.5% after WeChat gifting feature update
WeChat's new gifting function excludes jewelry and educational services among gifts.
View ArticleSaudi VC invests in Raed Ventures for MENA startups
The fund targets sectors such as fintech, enterprise software, and B2B Software as a Service (SaaS).
View ArticleSequoia’s Matt Miller exits to start VC firm for Europeans
Matt Miller plans to start a company for European founders while staying on as a venture partner at Sequoia.
View ArticlePerplexity reportedly secures $500m in funding
Perplexity's acquisition of Carbon is its second since launching.
View ArticleFinDev Canada commits $40m to Creador
Creador VI is the sixth fund managed by Creador Management in the Indo-Pacific region.
View ArticleSG, SV-based B2B fintech platform secures $3.13m
Fairbanc has financed over 250,000 merchants in Indonesia, many of whom are unbanked.
View ArticleGoogle’s Gemini asks contractors to rate AI beyond expertise
They are now prohibited from skipping prompts that require specialized knowledge beyond their expertise.
View ArticleJury deliberates in Qualcomm vs. Arm licensing dispute
The verdict could impact Qualcomm's plans to compete in the PC market with high-speed chips targeting Apple and Intel.
View ArticleY Combinator alum Novatr cuts over 50 staff in India
The move reportedly surprised employees, who were told in November that the startup had enough runway for two years.
View ArticleTesla stock drops 5% amid sales slump, delays
This drop follows an 8% decrease on Wednesday, which marked the company’s worst trading day since the 2016 election.
View ArticleBitcoin drops 9% to $93k in 24 hours
Bitcoin's value briefly peaked over $108,000 earlier this week before its sharp decline.
View ArticleAccenture Q1 FY25 revenue hits $17.7b amid genAI demand
Accenture has expanded its data and AI workforce to 69,000, with plans to grow it to 80,000 by 2026.
View ArticleSam Altman sells minor stake in OpenAI owned via Sequoia fund
This disclosure comes amid scrunity over OpenAI's shift to capped-profit model and challenges.
View ArticleYou can now WhatsApp ChatGPT, or call it if in US
WhatsApp users can start chatting with ChatGPT by saving the number +1 1800 242 8478 as a contact.
View ArticleSEA funding round sizes over the past 5 years
For startups, understanding how much their peers are raising could be crucial when they're pitching investors.
View ArticleEU approves Nvidia’s $700m acquisition of Israeli AI firm
The commission determined that the acquisition does not raise competition concerns, allowing the deal to proceed.
View Article
