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arun mathew: AI push is forcing rationalisation in other parts of business: Accel's Arun Mathew

Arun Mathew of Accel discusses the impact of Covid on the SaaS ecosystem, the potential for IPOs, and the success of Accel s investments in the Indian market, including Flipkart and Freshworks. ....

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Fintech Start-Up Xalts Buys Contour To Expand Trade Finance Platform

Xalts acquisition of Contour Network will give it access to a larger community of potential customers in the banking and trade finance sectors ....

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Astellas' Xyphos teams with Kelonia on cancer drugs in $800M deal

San Francisco-based Xyphos Biosciences Inc. is pooling technology platforms with Boston’s Kelonia Therapeutics Inc. in a novel immuno-oncology (I-O) drug discovery deal that could fetch more than $800 million. Xyphos and Kelonia will collaborate to develop a maximum of two in vivo CAR T-cell therapy programs, utilizing both Kelonia’s in vivo gene placement system called iGPS and Xyphos’ Accel technology platform. ....

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captain fresh funding: Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti

Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Capital, Prosus, and Tiger Global also invest. Acquisition of Senecrus. Expansion in US, Europe, and southeast Asia. Works with retailers Metro, Auchan, Carrefour in France, Germany, Poland, Middle East. ....

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Notion: Notion to up India presence, to hire more

This comes as the company officially opened its new office in Hyderabad, earlier this week, in line with its plan to increase its headcount in the region. Notion s India team will house employees under engineering, product management, data, customer support and people functions. ....

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