What Really Happened at Quibi?
In 2020, a new streaming platform called Quibi launched with tremendous fanfare. The founders—Jeffrey Katzenberg, former chairman of Disney, and Meg Whitman, former CEO of eBay and Hewlett Packard—promised to…
Top 10 Biggest Startup Bankruptcies in Recent Times
The startup world thrives on bold visions, rapid scaling, and massive funding. But ambition comes with risk. In recent years, several high-profile startups—some valued in the billions—have collapsed under financial…
HSBC Plans India’s First Commercial Venture Debt Fund
HSBC took a bold step on June 5, 2025, by announcing plans to launch India’s first commercial venture debt fund, setting the stage for a strategic shift in how startups…
Commonwealth Startup Fellowship 2025 Opens Applications
The Commonwealth Secretariat officially launched the Commonwealth Startup Fellowship 2025 on June 5, 2025, inviting early-stage entrepreneurs from across 56 member nations to apply for a place in one of…
Four New Space-Tech Startups Join ESA BIC Finland
Finland continues to accelerate its position in the global space industry as ESA BIC Finland welcomes four new space-tech startups into its prestigious incubation program. On June 5, 2025, Aalto…
KiranaPro Suspends Operations After Cyberattack
In a major setback for India’s growing quick commerce sector, ONDC-powered startup KiranaPro has suspended all operations following a severe cyberattack. The breach wiped out the company’s entire app codebase…
GyanDhan Raises ₹50 Crore to Expand Education Financing
GyanDhan, a New Delhi-based education financing startup, has secured ₹50 crore in fresh funding from edtech firm Classplus and venture capital investor Pravega Ventures. This new investment will help the…
Accenture, NVIDIA Boost AI Startups with New Program
In a strategic move to empower the next generation of artificial intelligence (AI) innovators, Accenture (NYSE: ACN) has launched a new engagement initiative through Accenture Ventures in collaboration with NVIDIA…
MENA Startups Raise $289M in May, Egypt Leads the Way
The startup ecosystem in the Middle East and North Africa (MENA) gained significant traction in May 2025, recording $289 million in funding across 44 deals. This performance reflected a 25%…
Snitch Raises ₹340 Crore in Series B
Snitch, the Bengaluru-based menswear brand redefining fast fashion in India, has raised ₹340 crore ($40 million) in a Series B funding round. The round, led by 360 One Asset, values…