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October 31, 2023
Bansal, who made a complete exit from Flipkart in August by selling his remaining shares in the ecommerce firm he cofounded with Sachin Bansal in 2007, has accelerated his personal investments, writing significantly large cheques in startups such as PhonePe and Curefoods.
October 31, 2023
Binny Bansal: Bansal, who made a complete exit from Flipkart in August by selling his remaining shares in the ecommerce firm he cofounded with Sachin Bansal in 2007, has accelerated his personal investments, writing significantly large cheques in startups such as PhonePe and Curefoods.
October 25, 2023
Positions across the business, tech, design, and manufacturing verticals were hit, while the finance and HR departments were “relatively untouched”.
October 21, 2023
An LP (an individual or an entity) is the money behind a VC or private equity fund. In the past 12-18 months, allegations of governance lapses or financial irregularities have surfaced at startups such as BharatPe, Trell, Zilingo, Mojocare, Phablecare and 4B Networks. Prompted by these reported instances of mismanagement and lack of oversight, LPs are driving changes in their relationships with VCs who recommend and manage their investment funds.
October 20, 2023
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
October 20, 2023
Founded in 2015, Niyo offers millennials savings and investment accounts through its Indian banking partners. The company is known for its global travel card, which offers zero forex charges and helps users save on international spends.
October 19, 2023
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
October 18, 2023
Generative AI: "A very limited number of companies which have attracted a disproportionate amount of the capital... the investment going into the foundational models - we will see that going down," Philippe Botteri, a partner at Accel, said in an interview.
October 17, 2023
Prashant Prakash from Accel and Nikhil Kamath from Zerodha among the members in the Karnataka government Strategic Investment Committee.
October 17, 2023
Funding in European and Israeli GenAI startups was close to $1 billion in the last 12 months compared with over $14 billion in U.S. ones, though skewed due to a $10 billion funding to OpenAI alone, the report said.