Elon Musk, the CEO of Tesla, never fails to surprise with his ambitious ideas. During Tesla’s recent “AI day” event, Musk introduced an unexpected addition to the company’s portfolio: a humanoid robot called the “Tesla Bot.” Standing nearly 6 feet tall, this robot aims to alleviate humans from mundane and repetitive physical tasks, such as […]
Edtech startup Yellow Class has announced a significant milestone, raising $6 million in a Series A funding round led by Elevation Capital. The round saw participation from existing investors India Quotient, Titan Capital, and First Cheque, along with several prominent industry figures. Funding Details and Investors Elevation Capital spearheaded the Series A funding round, highlighting […]
Consumer lending fintech startup Credit Fair has announced a significant milestone, raising $15 million in its seed funding round. The funding, a blend of debt and equity, underscores the growing traction of Credit Fair’s innovative approach to offering financial solutions to Indians. Funding Details and Investors Led by prominent angel investors Anand Ladsariya, CEO of […]
BYJU’s, the Bengaluru-based edtech behemoth, continues its aggressive expansion spree, recently announcing the acquisition of Singapore-headquartered upskilling platform Great Learning for a staggering $600 million. This move comes hot on the heels of BYJU’s acquisition of US-based reading startup Epic for a whopping half a billion dollars. The Deal Breakdown The $600 million deal comprises […]
In the spirit of the holiday weekend, we’re shaking things up a bit with this week’s newsletter. Instead of our regular updates, we’ve curated a selection of our most compelling long reads from the past month. So whether you’re lounging at the beach, hiking in the mountains, or simply relaxing in your backyard, you have […]
As India observed its Micro, Small, and Medium Enterprises (MSMEs) week, the fintech sector witnessed a flurry of activities aimed at bolstering support for this crucial segment. Over the past few days, numerous fintech companies, regardless of their size, have unveiled new services, products, and initiatives designed to aid small businesses across India. Here’s a […]
TartanSense, an Indian startup specializing in the development of small agricultural robots to aid farmers in tasks like weeding and pest control, has secured $5 million in funding. The Series A round was led by FMC Ventures and Omnivore, with Blume Ventures also participating. Background and Funding Founded by Jaisimha Rao, an alumnus of Carnegie […]
Agritech startup Vegrow, specializing in business-to-business (B2B) sourcing of fruits and vegetables, has announced a successful Series A funding round, raising $13 million. The funding round was co-led by Lightspeed Venture Partners and Elevation Capital, with participation from existing investors Matrix Partners India, Ankur Capital, Better Capital, and Titan Capital. This latest investment follows Vegrow’s […]
Agritech startup AgNext has successfully raised $21 million in funding to fuel its expansion into international markets, including the Middle East, Europe, and South Asia. The funding round, led by Alpha Wave Incubation (AWI), with participation from existing investors Omnivore and Kalaari Capital, marks a significant milestone for AgNext’s growth strategy. International Expansion and New […]
After its recent acquisition of rival Toppr, Byju’s, the world’s highest-valued edtech startup, is reportedly in advanced talks to acquire Vedantu, another prominent player in the Indian online tutoring sector. The potential acquisition, estimated at $700-800 million, underscores Byju’s aggressive expansion strategy in the K12 (kindergarten to grade 12) education domain. Consolidating Dominance in EdTech […]
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