Shiprocket raises $11 Mn from McKinsey at flat valuation
[ad_1] Shiprocket has raised Rs 90.7 crore or $11 million in an extended Series E round from McKinsey through its investment arm AFOS LLC. This is the first equity funding…
California passes law mandating VC firms to release investments’ diversity information
[ad_1] Last night, California Governor Gavin Newsom signed into law Senate Bill 54, which will require venture capital firms in the state to annually report the diversity of the founders…
Canadian startups had a tough Q3, and AI’s popularity isn’t making a big difference
[ad_1] When we first read PitchBook’s data on global venture investment in Q3, the first conclusion that my colleague Alex Wilhelm and I reached was that startups around the world…
A former TikTok employee is building a social app for content creators to network and ‘spill the tea’
[ad_1] Canopy is a new peer-to-peer social networking app for content creators to connect, crowdsource information and, for lack of a better term, “spill the tea.” The company announced today…
Pacific Group to double its retail space to 4 mn sq.ft. by 2026, ET Retail
[ad_1] Pacific Group, which currently runs 6 centres - one in Ghaziabad, four in Delhi and one in Dehradun - is planning to double its retail space from 2 million…
The AI race, crypto doldrums, and the future of fake fish
[ad_1] Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in…
ALIAVIA Ventures fights gender funding inequalities in the U.S. and Australia
[ad_1] Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the gap between…
Virgio shuts fast fashion business, goes for a pivot after raising $37 million, ET Retail
[ad_1] Amar Nagaram, founder and CEO, VirgioWithin a year of having raised $37 million at a $160 million valuation, Virgio, a fashion startup set up by former Myntra chief executive…
Pocket FM’s scale soars 9X to Rs 150 Cr in FY23
[ad_1] Audio series platform, Pocket FM has managed over eight-fold spike in its operating scale in the fiscal year ending March 2023. Significantly, the firm also improved economics contracted its…
A green hydrogen unicorn is born, more problems for Cruise and inside aviation’s buzzy startup summit
[ad_1] The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. …