Explore the latest news, in-depth reports, and executive analysis tagged with #Shreyas Srinivasan.
The funding round also saw participation from Luthra Group and follow-on investments from existing investors SVL-SME Fund (managed by SBI Ventures Limited), Rainmatter Capital, and 8X Ventures Fund I.
The startup will use the fresh capital for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion, and working capital requirements.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
In his new role, he will focus on helping the company tailor its AI products to meet the needs of customers in European and African markets.
Is Zepto building the future of retail, or simply participating in an increasingly expensive race where no clear winner has yet emerged?
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
The funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
Bavi, who was formerly with companies including Microsoft and Nokia, has joined Anthropic as Head of Digital Natives, Startups and Growth for India.
CEO Lalit Keshre sold shares worth Rs 18.6 crore, while Harsh Jain, Neeraj Singh, and Ishan Bansal also sold part of their holdings.
While financial details were not officially revealed, reports suggest the deal could be worth more than $300 million.
With a locally incorporated entity, Pine Labs already has a presence in the Philippines.
The comes just days after Amazon agreed to invest a fresh $5 billion in Anthropic.
OpenAI has partnered with other Indian IT firms, including HCLTech and TCS, while Infosys has a separate collaboration with Anthropic.
Acko's Chief Marketing Officer Ashish Mishra has also quit the company.
The Bengaluru-based startup will use the fresh capital to expand its footprint in Europe, strengthen its AI agent product suite, and scale go-to-market efforts targeting enterprise customers.
In this edition, we write about ONDC, an experiment still thriving mostly inside Bengaluru's walls; and AGI timeline shifts.
In today’s edition of Money & Machines, we bring to you the honest opinions, critical notes and the whispers gathered on the sidelines of biggest fintech “mela" in the world.
The fintech company has also elevated Dhruv Wadhera as Senior Vice President (SVP), Offline Payments.
According to Sebi, directors failed to discharge duties with unbiased approach while decision-making with respect to matters involving benefits to Paytm CEO Vijay Shekhar Sharma.
