Sergey Brin, co-founder of Google, has returned to the tech giant and is heavily involved in its artificial intelligence (AI) initiatives. Brin confirmed his return during a fireside chat at the All-In Summit, where he discussed his role in advancing Google’s AI efforts and the company’s approach to building a more unified AI model.
Brin, who stepped down as president of Google’s parent…
Supersquad, a burgeoning startup specializing in creator monetization through curated travel experiences, has successfully raised ₹2.1 crore in a pre-seed funding round. The funding was led by WLDD and saw participation from prominent angel investors Nitin Rajput and Jivraj Singh Sachar.
Investment and Growth Plans
The newly acquired capital will be directed towards enhancing Supersquad’s…
In a dramatic turn of events on September 10, 2024, a 26-year-old man named Mohammad Nadeem set fire to an Ola Electric showroom in Kalaburagi, North Karnataka, after encountering persistent issues with his newly purchased electric scooter.
Incident Details
According to reports, Mohammad Nadeem, who is a mechanic by trade, had purchased the scooter just two weeks prior. Despite multiple visits to…
Property listing platform Rightmove has turned down a £5.6 billion acquisition offer from Australian rival REA Group, which is majority-owned by Rupert Murdoch’s News Corporation. Rightmove’s board dismissed the bid as “wholly opportunistic,” stating that REA Group had “fundamentally undervalued Rightmove and its future prospects.”
In a statement issued on Wednesday, Rightmove’s…
Nutrabay, a direct-to-consumer (D2C) retail brand specializing in sports nutrition and wellness, has raised $5 million in its Series A funding round. This maiden institutional round, led by RPSG Capital Ventures with participation from Kotak Alternate Asset Managers, marks a significant milestone for the Gurugram-based company.
Founded in 2017, Nutrabay operates a multi-brand retail store…
Experian India’s latest whitepaper, titled “Small is BIG: How Fintechs are Revolutionising Lending,” underscores the transformative role fintech companies are playing in India’s financial landscape. The report highlights how these digital platforms have significantly increased their market share and impact, particularly in providing small-ticket loans to previously underserved segments of…
Phil Chambers, CEO of Orbex, is steering the UK-based aerospace startup into new territory as the nation embarks on an ambitious journey to establish its own space capabilities. Chambers, who previously revolutionized the software industry with ventures like Gumtree, Qype, and Peakon, is now focused on a groundbreaking mission: to create the UK’s first vertical launch space rocket.
Chambers’…
Tata Electronics Private Limited and ASMPT Singapore have entered into a strategic partnership to advance India’s semiconductor ecosystem. The newly signed Memorandum of Understanding (MoU) focuses on semiconductor assembly and test facilities, aiming to create a robust infrastructure and deliver cutting-edge solutions.
This partnership is set against the backdrop of Tata Electronics’…
AppsForBharat, the company behind the popular devotional app Sri Mandir, has successfully raised $18 million in its Series B funding round. The investment was spearheaded by Nandan Nilekani’s Fundamentum, with additional support from Susquehanna Asia VC, as well as existing investors Elevation Capital, Peak XV, and Mirae Asset VC.
The fresh capital will be allocated to expanding the Sri Mandir…
The Economic Times Startup Awards 2024 has unveiled the nominees for its prestigious Startup of the Year category, celebrating companies that have demonstrated exceptional innovation, execution, and rapid growth. This year’s nominees showcase a diverse range of sectors, each bringing a unique approach to their respective fields.
Zepto: Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto…
