Airbound raises $37 million in Series A funding led by Greenoaks
The funding round saw participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures.
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The funding round saw participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures.
The funding round also saw participation from India’s national badminton coach Pullela Gopichand, Darwinbox co-founder Rohit Chennamaneni, Swiggy co-founder Nandan Reddy and other angel investors.
The funding round also saw participation from GrowthCap Venture Fund.
Cheque sizes are expected to range between $500,000 and $3 million.
The order, which was primarily driven by the Indian Ministry of Defence under the Emergency Procurement Route, was completed in just two months.
The IPO will open for bids on January 13 for retail and institutional investors.
With investors circling and startups scaling, India is facing a pivotal question: will policy and capital align to make it a true robotics hub?
We dig into the payments ambitions of IRCTC; and the curious haste with which some social media “gurus” are declaring entire professions dead because of AI.
In today's newsletter we have our take on Sahil Kini's shift from startup founder to policymaker, and India's journey towards potentially becoming the third pole in the AI universe.