Zomato Raises $1 Billion to Take on Swiggy in India's Quick-Commerce Market
Zomato raises $1 billion to take on Swiggy in India's quick-commerce market, in a strategic move to gain a competitive edge.
Startups
Nigerian Startup Earthbond Raises $200,000 to Connect Small Businesses with Solar Solutions
Earthbond, a Nigerian startup, raises $200,000 in pre-seed funding from Madica to connect small businesses with solar solutions, promoting clean energy and reducing carbon emissions.
Netflix Shuts Down AAA Game Studio Before First Release
Netflix shuts down AAA game studio Blue, led by Chacko Sonny, before its first game release, signaling a shift in the company's gaming strategy.
Ecobee Expands Smart Home Capabilities with Yale and August Partnership
Ecobee partners with Yale and August to integrate smart locks with its video doorbell and security system, enhancing the smart home experience. However, the feature requires a subscription plan, which may impact adoption rates.
MSI's Prestige 13 AI Plus Evo: A Lightweight Powerhouse for Professionals
MSI's Prestige 13 AI Plus Evo is a powerful, ultra-portable laptop designed for professionals, featuring a next-gen Lunar Lake processor, 32GB of RAM, and 2TB SSD, along with a stunning 2.8K OLED screen and impressive battery life.
Mobileye Founder Amnon Shashua's Fintech Startup One Zero Raises $100M to Democratize Private Banking
One Zero, a fintech startup founded by Mobileye's Amnon Shashua, raises $100M to democratize private banking services using AI.
OpenAI Bolsters Leadership with Top Hires from Government and Tech Giants
OpenAI hires former US Commerce Department chief economist Aaron Chatterji and Uber's compliance head Scott Schools to lead AI economic research and compliance efforts.
Paccurate Raises $8.1 Million to Optimize Packaging and Shipping
Paccurate, a supply chain startup, raises $8.1 million in Series A funding to optimize packaging and shipping, capitalizing on the growing demand for sustainable and cost-effective solutions.
Berlin-Based Startup Passionfroot Raises $3.8M to Streamline Brand Partnerships for Creators
Passionfroot, a Berlin-based startup, raises $3.8 million to build a marketplace and toolkit for business-focused creators, streamlining brand partnerships and paving the way for increased revenue opportunities.