News and Trends: Page 3
The fund will invest in early and growth stage companies with ticket sizes ranging from INR 2 crore to INR 8 crore in early stages and INR 15 crore to INR 40 crore in growth stage series A and B rounds.
According to the report, India's 247 million entrepreneurial households drove an $8.8 trillion transaction value in FY23 unleashing a new economic landscape.
The Gurugram-based startup will use the raised funds to increase its geographic presence in Southeast Asia and Sub-Saharan Africa and bolster tech and scientific capabilities.
The program aims to empower India's AI innovators and will screen 1100 AI innovators across India to identify AI Most Valuable Players (MVPs) with the prime focus of the incubation program being on Healthcare, Financial Inclusion, Sustainability, Education, Agriculture, and Smart Cities
Aragon AI, Momo, and FastShot AI all generate headshots using AI, but which one actually works for LinkedIn?
OpenAI has acknowledged the issue and said it was "investigating reports of unexpected responses from ChatGPT."
The startup plans to utilise the fresh funds to strengthen the startup's balance sheet and for business expansion.
About a third of small business owners indicated on a Slack survey that they aren't sure if their businesses will survive the year.
Red Lobster Changed Its 'Endless Shrimp' Promotion After Losing $11 Million in One Quarter — Now It's Hauling Out Another All-You-Can-Eat Deal
The restaurant chain reported a record $12.5 million operating loss in the fourth quarter of 2023.
US News & World Report created a list of the country's most livable cities. Here are the top 15.
The Mumbai-based ice cream brand Walko Food's aims to use the raised funds to supercharge Walko's expansion across its product portfolio and accelerate its penetration into the Indian ice cream market.
The other two sub-sectors with high M&A frequency were Payments and Wealthtech, according to the report by GrowthPal
Notably, the country has the highest AI skills penetration with 3x more AI skilled talent than other countries such as United States, Germany, Israel, and Canada
With the goal of encouraging innovation in the tech startup ecosystem, EIF aims to make at least two investments in companies over the next month after securing the first closing.