Peeko, a babycare quick commerce platform that delivers baby and kids-care essentials within 60 minutes, has raised Rs 67.4 crore (over $7 million) in a Series A funding round led by Chiratae Ventures
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The milestone figure was recorded just five months after the U.S. hit a record $39 trillion debt in March. It reached $38 trillion five months before that, in October.
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Founder Institute is the world’s most proven network for turning ideas into fundable startups, and startups into global businesses. Since 2009, the structured accelerator program has helped entrepreneurs raise over US$2 billion in funding
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South African startup Jem HR, a WhatsApp-based HR and employee benefits platform used by over 200 companies and 250,000 frontline workers, has raised a US$8.4 million Series A funding round to support its expansion
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OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab “will be a public company in 2027,” but that it could make its public market debut sooner
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An experimental personalized cancer vaccine from Merck and Moderna showed positive initial results in its first-ever late-stage trial, the companies announced Wednesday
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Also has raised another $150 million as the micromobility startup that spun out of Rivian last year expands its business beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles
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Afriex the cross-border payments infrastructure company processing more than $600 million in annual payment volume, today announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB).
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Fintech unicorn Navi has raised $100 million from Prosus. This is the company’s first institutional funding round and the transaction is subject to customary closing conditions and regulatory approvals
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Cashify is taking concrete steps towards its proposed IPO, converting into a public company and appointing independent directors. The firm has also appointed IPO bankers and is expanding overseas
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Universiti Malaysia Terengganu (UMT) is offering 2 PhD by Research positions under the REViVE Project, focusing on mangrove restoration, carbon storage, and sustainable ecosystem value chains.
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Chinese robot maker Unitree Robotics (688836.SS) will make its stock market debut on Shanghai's STAR Market on August 19, according to a bourse filing Monday, becoming the first general-purpose robotics company to debut in mainland China.
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