Alibaba’s T-Head Plans a Hong Kong IPO: What It Means for AI
Alibaba Group has taken an important step towards a separate stock market debut for its semiconductor unit, T-Head. The Chinese technology giant plans to list the chip business on the…
Siggy Raises $6M to Build AI-Powered Mental Health Care
Mental health care in the United States may soon get a new approach as healthtech startup Siggy has launched with $6 million in pre-seed capital. The New York-based company aims…
Sparxity Raises Series A to Build New Sparse-Native AI Chips
Sparxity, a company that develops sparse-native computing technology, has announced the close of its Series A round. The latest deal takes the total capital secured by its team to $90…
InMobi Wins 30-Year Naming Rights to Bengaluru Metro Station
Bengaluru-based ad-tech company InMobi has secured the naming rights to Ibbaluru Metro Station in Bengaluru for 30 years. Under the deal, the company will pay ₹65 crore to Bangalore Metro…
Sagar Defence Raises ₹300 Crore in Pre-IPO Funding Round
Indian defence technology startup Sagar Defence Engineering (SDE) has raised ₹300 crore (approximately $33 million) from Indian institutional investors in a pre-IPO funding round. The deal values the company at…
Sarvam AI Names Sashikumar Sreedharan President and CBO
Indian artificial intelligence (AI) startup Sarvam AI has appointed former Google Cloud India Managing Director Sashikumar Sreedharan as its President and Chief Business Officer (CBO). The appointment marks an important…
Sleepy Owl Revenue Jumps 86% to ₹82 Crore in FY26
Indian coffee startup Sleepy Owl has reported strong business growth in the financial year 2025-26 (FY26). The company’s revenue from operations rose 86.4% year-on-year to ₹82 crore, compared with ₹44…
MakeMyTrip Acquires Majority Stake in Quick Ride
Indian travel technology company MakeMyTrip has acquired a majority stake in Bengaluru-based shared mobility platform Quick Ride. The deal marks an important step for MakeMyTrip as it expands beyond its…
AutoStore to Acquire Logiqs in a Deal Worth €30 Million
Norwegian warehouse automation company AutoStore has agreed to acquire Dutch technology company Logiqs BV for up to €30 million. The deal marks an important step for AutoStore as it seeks…
Canva Cuts 1,271 Jobs as It Shifts Its Focus to AI
Australian design technology company Canva has announced a major workforce restructure that will affect 1,271 employees, or around 22% of its total workforce. The decision comes as the company plans…