India’s foreign exchange reserves saw a dip of $1.24 billion, falling to $691.485 billion for the week ending May 31, 2025, according to the latest data released by the Reserve Bank of India (RBI). This decline comes amid global economic uncertainties and foreign currency asset adjustments by the central bank. Key Highlights Breakdown of Forex
In the high-stakes world of startups, having a groundbreaking idea isn’t enough. Founders also need the right support system—access to funding, strategic mentorship, networks, and validation. This is where startup incubators step in. Startup incubators act as launchpads, nurturing early-stage companies by offering guidance, resources, and in many cases, capital. Choosing the right incubator can
Snorkel AI, a leading innovator in the data-centric AI movement, has raised $100 million in a Series C funding round to accelerate the development of powerful AI model evaluators—a crucial need in today’s generative AI-driven landscape. As enterprises increasingly adopt large language models (LLMs), there is a growing demand for precise, scalable, and automated evaluation
In a landmark development that reshapes the enterprise technology landscape, Salesforce (NYSE: CRM) has agreed to acquire Informatica (NYSE: INFA), a global leader in cloud data management, in a deal reportedly valued at approximately $11 billion. The move underscores Salesforce’s aggressive push toward AI-driven enterprise transformation by strengthening its data foundation to power real-time, intelligent
In a landmark move reshaping the entertainment industry, Skydance Media has officially completed its $8 billion merger with Paramount Global. With regulatory approvals secured from the U.S. Securities and Exchange Commission (SEC) and the European Union (EU), the deal now awaits final closure pending approval from the Federal Communications Commission (FCC). 📊 Deal Overview 🎬
The World Health Organization (WHO) has secured $1 billion in funding commitments for its 2025–2028 budget cycle, marking a significant step towards strengthening global health systems and ensuring equitable access to healthcare worldwide. This funding comprises nearly $700 million in new pledges and $300 million in reaffirmed commitments from various countries and organizations. Key Donors
In today’s dynamic entrepreneurial ecosystem, alternative funding for startups has emerged as a powerful solution for founders seeking capital without going down the traditional venture capital or bank loan route. As innovation in finance continues to evolve, startup founders now have access to a variety of creative, flexible, and accessible financing options that can help
In today’s fast-paced startup ecosystem, securing the right funding at the right time can make the difference between a disruptive market leader and a missed opportunity. Series funding—ranging from Series A to Series D and beyond—is the structured path that startups follow to raise capital as they grow from early-stage ventures to globally scaled companies.
Napster, once a disruptive force in the music-sharing world, is making headlines again—but not for nostalgia. The brand has re-emerged in 2025 with a bold, billion-dollar identity as an AI-first technology company. With a $15 billion valuation, top-tier AI talent, stealth-mode acquisitions, and whispers of generative AI tools that could revolutionize entertainment and productivity, Napster’s
Finout, an Israeli startup specializing in cloud cost management solutions, has been recognized as the “Most Promising Startup of 2025” by Globes. This accolade underscores Finout’s significant impact on the FinOps (Financial Operations) landscape, providing enterprises with innovative tools to manage and optimize their cloud expenditures. What Is Finout? Founded in 2021, Finout is a
QuantumLeap Computing, based in Canada, is rapidly emerging as a trailblazer in quantum computing, turning decades of theoretical promise into practical, scalable applications. With a staggering $750 million Series B funding round led by Google Ventures and Singapore’s Temasek, and a current valuation of $4 billion, the company is advancing technologies that could redefine industries
In a major development set to disrupt the financial services landscape, Catena Labs, a fintech startup founded by Circle co-founder Sean Neville, has announced a successful $18 million seed funding round. The company is developing a next-generation AI-native banking platform, blending financial technology and artificial intelligence to deliver smarter, faster, and more secure banking services.
Silicon Valley entrepreneur and technologist Aarthi Ramamurthy has unveiled Schema Ventures, a $20 million venture capital fund aimed at supporting “outsider” founders, particularly in the industrial software and artificial intelligence (AI) sectors. Aarthi Ramamurthy: A Trailblazer in Tech and Entrepreneurship Born in Chennai, India, Aarthi Ramamurthy has built an impressive career in the tech industry.
When you’re launching a startup, one question can shape the entire trajectory of your business: Should you build slowly with your own resources—or accelerate with external funding? That’s the essence of the bootstrapping vs. venture capital debate. Both routes have powered billion-dollar companies. Both come with risks, trade-offs, and long-term consequences. In this guide, we
In December 2023, Japan’s largest steelmaker, Nippon Steel Corporation, announced its intention to acquire U.S. Steel Corporation in a $14.9 billion all-cash deal. This strategic move is poised to reshape the global steel industry by significantly expanding Nippon Steel’s presence in North America, enhancing its production capacity, and driving forward its international growth strategy. Company
Entrata, a leading property management software platform, has announced a $200 million minority investment from global investment firm Blackstone. This strategic infusion elevates Entrata’s valuation to $4.3 billion, underscoring its prominence in the proptech sector. Company Overview Product and Service Offerings Entrata offers a comprehensive, single-login platform tailored for property management, encompassing: Strategic Investment and
In a landmark achievement, OpenAI has raised $40 billion in a funding round, elevating its post-money valuation to $300 billion. This marks the largest private technology investment to date, underscoring the company’s pivotal role in the rapidly evolving artificial intelligence (AI) landscape. 📊 Funding Details and Investor Breakdown The $40 billion investment is structured in
In a strategic move to enhance its artificial intelligence (AI) offerings, Salesforce has acquired Convergence, a London-based AI startup, aiming to bolster its position in the competitive generative AI market alongside industry leaders like OpenAI, Anthropic, and Google’s Duet AI. About Convergence Founded in April 2024 by machine learning engineers Marvin Purtorab (CEO) and Andy
