The e-commerce giant said the new investment will support its efforts to digitize small businesses and strengthen its logistics and operations footprint in India.
Google invests in Fervo’s $462M round to unlock even more geothermal energy
Fervo Energy’s Series E round will help the company build additional phases of its Cape Station power plant while beginning development on new sites.
Meesho’s $606M IPO pops as enthusiasm for India’s e-commerce startups rises
Meesho had a good first day as a public company, with its shares climbing as much as 46% from its issue price as investors jumped to grab a piece of the company built around small merchants and value-conscious consumers.
Fertility startup Inito wants to use AI-designed antibodies to expand at-home health tests
Inito has raised $29 million in new funding to invest in and develop AI-engineered antibodies that will help it offer new types of tests and improve the accuracy of existing ones.
Coreweave CEO defends AI circular deals as ‘working together’
The CEO of the AI data center provider, which has Nvidia as an investor and a supplier, described the environment as a “violent change” in demand.
Unconventional AI confirms its massive $475M seed round
Led by Naveen Rao, the former head of AI at Databricks, the new hardware startup is valued at $4.5 billion.
Hinge CEO steps down to launch Overtone, an AI dating app
Overtone is described as “an early-stage dating service focused on using AI and voice tools to help people connect in a more thoughtful and personal way.”
Fal nabs $140M in fresh funding led by Sequoia, tripling valuation to $4.5B
The round, which was Fal’s third fundraise this year, also included a secondary sale for early investors, sources tell us.
Cashew Research is going after the $90B market research industry with AI
Cashew Research uses AI to automate the market research process while still collecting real-world data from humans.
SpaceX reportedly planning 2026 IPO with $1.5B valuation target
The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco’s in 2019.