Deals Digest: Funding momentum picks up as deal volume surges
Investment activity this week shot back up on a low base, even as ticket sized remained below the psychologically important $50 million mark for a ......
Source: vccircle.com
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Going vocal with local on LLMs; and other top tech, startup stories this week
While tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geographies, including in India and the European Union.
Source: indiatimes.com
Inside Juspay's new adventures; revised incentive scheme for chip ancillaries soon
Fintech startup Juspay is building a full-stack payment gateway that can offer card, wallet and UPI-based transactions. This and more in todays ETtech Morning Dispatch.
Source: indiatimes.com
CaratLane's Mithun Sacheti joins Singularity Ventures; Abhishek Ganguly's Agilitas secures Rs 100 crore
Mithun Sacheti, who scored a Rs 4,621-crore exit from omnichannel jewellery retailer CaratLane to Titan in August, has joined Singularity Growth as a general partner. This and more in today's ETtech Top 5.
Source: indiatimes.com
Mithun Sacheti: CaratLane founder Mithun Sacheti becomes co-sponsor and general partner at Singularity Growth
Sacheti was already an investor or limited partner (LP) in Singularitys first fund, besides being part of its investment committee (IC). Singularity is currently raising its second fund of Rs 1,500 crore and has received a capital commitment of Rs 500 crore as its first close. Sacheti is also a significant LP in Flipkart founder Binny Bansal's early-stage venture fund 021 Capital.
Source: indiatimes.com