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Airbound Bags $37 Mn From Greenoaks, DoorDash To Scale Drone Manufacturing

India, Aug. 25 -- Dronetech startup Airbound has raised $37 Mn (about Rs.355 Cr) in a Series A funding round led by US-based investment firm Greenoaks. The round also saw participation from new and e... Read More


SoftBank Sells Rs.2,900 Cr Stake In Lenskart Via Block Deals

India, Aug. 24 -- Adding to its Lenskart windfall, global investment firm SoftBank has now offloaded 4.50 Cr shares in the eyewear retailer to rake in Rs.2,887.9 Cr. As per BSE data, the investor, vi... Read More


SoftBank Sells Lenskart Stake Worth Rs.2,888 Cr

India, Aug. 24 -- Adding to its Lenskart windfall, global investment firm SoftBank has now offloaded 4.50 Cr shares in the eyewear retailer to rake in Rs.2,887.9 Cr. As per BSE data, the investor, vi... Read More


Y Combinator Offloads Meesho Shares Worth Rs.970 Cr

India, Aug. 24 -- US-based startup accelerator Y Combinator offloaded 4.85 Cr shares of listed ecommerce platform Meesho, around a 1% stake, via multiple block deals, as per NSE data. Y Combinator Co... Read More


Flipkart's Food Delivery Era, Weekly Funding Rundown & More

India, Aug. 24 -- Flipkart's Foodtech Foray Flipkart is all set to debut its food delivery service later this month. Backed by millions of users, lower platform fees and logistics support from Minute... Read More


Qualcomm Offloads Shadowfax Shares Worth Rs.184 Cr In Bulk Deal

India, Aug. 24 -- Shadowfax's early investor Qualcomm Ventures sold 75 Lakh shares in a block deal worth Rs.183.85 Cr in Shadowfax on Sunday (August 23). As per BSE data, the firm, via its Qualcomm A... Read More


Khosla Ventures-Backed Healthify Merges With US-Based Berry Street

India, Aug. 24 -- Bengaluru-based healthtech startup Healthify (formerly HealthifyMe) has merged with US-based nutrition care company Berry Street to build an "advanced insurance-covered AI metabolic ... Read More


slice Adds Former SBI, ICICI Bank Executives To Its Board

India, Aug. 24 -- slice Small Finance Bank (SFB) has appointed former SBI chief general manager Samir Sawhney as executive director and former ICICI Bank senior executive Ramesh Kumar as independent d... Read More


NVIDIA's AI Server Price Hike Threatens To Inflate India's Compute Costs

India, Aug. 24 -- The reported increase in prices of servers containing NVIDIA's AI chips could add to the cost pressures facing India's data centre operators and AI infrastructure providers, which ar... Read More


Mobavenue Launches Neural Engine As An AI Intelligence Layer For Marketers

India, Aug. 24 -- Running an advertising campaign often requires marketers to switch between multiple tools for planning, creative development, execution, and performance tracking. This fragmented set... Read More