OpenAI Crosses $40 Billion Revenue Run Rate
OpenAI has crossed a $40 billion annualised revenue run rate, nearly doubling its pace, with enterprise demand and coding driving…
Section
Category: Startups & Funding
Indian startup news, funding rounds, valuations and layoffs.
India Awards ₹200 Crore Funding Boost to Private Space-Tech Startups
IN-SPACe has awarded ₹200.32 crore to private space startups, though only 18 of 440 registered startups are authorised for certain…
Rapido Secures Karnataka Cab Aggregator Licence Till August 2031
Rapido has secured a five-year Karnataka cab aggregator licence valid to August 2031, supporting its shift toward four-wheeler cabs.
Zetwerk Posts ₹1,606 Crore FY26 Loss as Revenue Grows to ₹15,913 Crore
Zetwerk revenue climbed 40% to nearly ₹16,000 crore in FY26 while it posted a ₹1,606 crore loss, though the underlying…
Uber-Rapido India Business Merger Deal Called Off
Uber and Rapido have called off merger talks for their India mobility businesses after failing to agree terms on bike…
Investors Sue Selena Gomez Alleging Fraud Tied to Mental Health Startup Wondermind
Investors have sued Selena Gomez over Wondermind, alleging planned initiatives never materialised at the mental health startup already facing financial…
Databricks Valuation Reaches $190 Billion After $5B Round
Key takeaways Databricks closed a funding round worth $5 billion. The deal values the private company at $190 billion. Databricks…
Ixigo-FreshBus Stake Sale: 17.39% Deal at Rs 36.6 Cr
Key takeaways Ixigo is set to sell a 17.39% holding in FreshBus. Twelve Stone will buy the stake for Rs…
UPI Startups Raise $5.8 Billion in Funding Since 2021
UPI startups have raised $5.8 billion since 2021, with consumer payment companies leading and five firms controlling 66% of the…
Anthropic in Talks to Acquire Decart AI for $6 Billion
Anthropic is in talks to acquire Decart for about $6 billion, targeting its computing optimisation technology after Decart raised $300…