Silverfort, the Israeli/U.S. startup, takes an all-in view when it comes to identity security in an organization. When it comes to potential breaches, people, machines, clouds, legacy and new apps can all be targets, and they can be exploited at any of the many points where they interact with each other. So the best way … Read more
As search engine incumbents — namely Google — amp up their platforms with gen AI tech, startups are looking to reinvent AI-powered search from the ground up. It might seem like a Sisyphean task, going up against competitors with billions upon billions of users. But this new breed of search upstarts believes it can carve … Read more
ZestMoney, a buy now pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors including Goldman Sachs, is shutting down following unsuccessful efforts to find a buyer. The Bengaluru-headquartered startup — which also identified PayU, Quona, Zip, Omidyar Network and Ribbit Capital among its backers — employed about … Read more
Kai-Fu Lee, the computer scientist known in the West for his bestseller AI Superpowers and in China for his bets on artificial intelligence unicorns, has a new venture — and a great ambition. In late March, Lee launched a company called 01.AI with the vision to develop a homegrown large language model for the Chinese market. … Read more
Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation. “The fast fashion brand that you have come to love is no longer available,” Virgio says on its website. … Read more
ClickUp, the software-as-a-service startup that provides a workforce productiveness platform and counts storied traders Andreessen Horowitz and Tiger International amongst its backers, has laid off 10% of its workforce. With a complete headcount of about 900 workers, it represents roughly 90 folks. The corporate says it appears to turn into extra environment friendly and be … Read more
If you wish to rating the biggest potential early-stage valuation, what ought to your startup concentrate on? New knowledge makes it clear that the seed and Sequence A markets are hardly equal relating to what enterprise capitalists are keen to pay for one class of startup over one other. Don’t fear, the reply right here … Read more
PropTech agency Aurum is buying NestAway, a as soon as high-flying Indian startup working in the identical house, for as much as $10.9 million, in a deal that marks a close to full erosion in worth for the startup’s buyers. Eight-year-old NestAway raised $115 million through the years and was valued at $227 million in … Read more