Quibi: $2 Billion and a 6-Month Shutdown
In the fast-paced world of streaming media, very few stories rival the spectacular rise and fall of Quibi. The mobile-only video platform, backed by industry legends and billions in funding,…
Vanguard Slashes Ola’s Valuation to Nearly One-Fourth of Its Peak
Vanguard, a US-based asset management giant, has valued ANI Technologies, the parent firm of Indian ride-hailing platform Ola, at a modest range of $1.4 billion to $1.5 billion. This figure…
Government Expands Credit Guarantee Scheme for Startups
In a major move to enhance credit access for Indian startups, the government expanded the Credit Guarantee Scheme for Startups (CGSS) on Friday. The Department for Promotion of Industry and…
Absolute Sports Acquires TJRWrestling, ITRWrestling
Absolute Sports, the digital sports media powerhouse and a subsidiary of Nazara Technologies, has made another significant move to cement its leadership in combat sports publishing. The company has signed…
Simple Energy Targets ₹3,000 Crore IPO by FY27
Simple Energy, the Bengaluru-based electric vehicle manufacturer, has announced its intention to launch an initial public offering (IPO) between the second and third quarters of the financial year 2026–27. The…
WisdomAI Secures $23 Million to Battle AI Hallucinations
In a critical step toward solving one of the most persistent issues in artificial intelligence, WisdomAI has successfully raised $23 million in funding to advance its suite of analytics tools.…
Ather Energy’s IPO Delivers Massive Gains to Early Investors
Ather Energy’s highly anticipated debut on the public bourses has created waves across India’s startup and investment landscape. The electric vehicle (EV) manufacturer listed with strong investor interest, rewarding early…
Celcius Logistics Secures ₹250 Crore in Series B
Celcius Logistics, a Navi Mumbai-based cold chain logistics startup, has successfully raised ₹250 crore (approximately $30 million) in its Series B funding round. Global investment firm Eurazeo and agritech-focused venture…
Aequs Sets Stage for $200 Million IPO
Aequs, a leading aerospace and contract manufacturing firm based in Belagavi, Karnataka, has officially kicked off its journey towards a $200 million initial public offering (IPO). Regulatory filings confirm that…
Anthropic Launches $61.5 Billion Employee Share Buyback
Anthropic, the artificial intelligence company backed by Amazon and Google, has taken a bold step to retain top talent by initiating a landmark employee share buyback. The buyback values the…