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TechCrunch
12h
Image Credit: TechCrunch
Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths
- Colossal Biosciences has raised $200 million in a Series C funding round at a valuation of $10.2 billion.
- The company aims to bring back extinct species such as the woolly mammoth and Tasmanian tiger using gene-editing technology and artificial wombs.
- Colossal plans to spin off businesses to commercialize its technologies, including artificial womb technology for fertility treatment.
- The company also sees revenue opportunities in government collaborations and the sale of biodiversity credits.
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655 reads
11
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Intelalley
12h
Investcorp Names New Leadership for Liquid Credit
- Investcorp has announced new leadership for its liquid credit investment strategies focused on the broadly syndicated loan (BSL) markets.
- Neil Rickard and Corey Geis will become Co-Heads for the European and US businesses respectively, effective from April 1, 2025.
- Jeremy Ghose and Tom Shandell, current executives, are retiring from their roles.
- Investcorp manages approximately $53 billion in assets, including $23 billion in credit investments.
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4k reads
7
VIE Stories
13h
Biotech Startup Zerocircle Raises Rs 20 Cr Funding Led By Rainmatter
- Zerocircle, a sustainable packaging solutions startup, has raised Rs 20 crore in seed funding.
- The funding round was led by Rainmatter, with participation from 1Crowd, VC Grid, and others.
- Zerocircle plans to use the funds to increase production, develop new products, and expand into global markets, especially in the EU and GCC Middle East.
- The company focuses on creating biodegradable alternatives for plastic packaging.
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974 reads
22
Bloomberg Quint
13h
'Stupid on our part': Zomato CEO apologises for imposing 'luxury tax' on veg-mode enablement
- Zomato CEO Deepinder Goyal apologized for charging a veg-mode enablement fee of Rs 2 on the platform.
- Goyal acknowledged the mistake and promised to remove the charge immediately.
- A LinkedIn post by a user criticized Zomato for turning being vegetarian into a luxury tax.
- Goyal thanked the user for raising the issue and assured that necessary changes will be made.
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850 reads
4
Livebitcoinnews
13h
Jio Platforms Partners with Polygon to Boost Web3 in India
- Jio Platforms partners with Polygon to bring Web3 and blockchain solutions to India, enhancing services for 450 million users.
- Reliance Jio Platforms partners with Polygon Labs to integrate advanced blockchain technology into Jio's applications and services.
- The collaboration aims to improve the digital experience for millions of Jio users and make services more secure, faster, and decentralized.
- Joint efforts of Jio and Polygon will shape the future of Web3 adoption in India and offer new opportunities for digital growth.
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2.1k reads
11
VIE Stories
14h
Eight Times Eight: ChessMates Turned A Gap Into ₹1.13 Cr Revenue
- Six childhood chessmates from Kerala—Abhijith M, Adesh Joshi, Manu M, Athul Krishna, Arijith M, and Chandar Raju—transformed their love for chess into Eight Times Eight, an online chess academy for kids aged 5-15.
- Sparked by the need to improve children’s focus during the pandemic, they launched the academy in 2021 with just ₹1 lakh. Teaching life skills like critical thinking and decision-making, 8X8 has grown to 5,000+ students across 20+ countries.
- With ₹35 lakh funding and partnerships with Grandmaster S.L. Narayanan and a CTO, the startup now eyes global expansion, AI-based tools, and adult chess training.
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941 reads
16
Entrackr
14h
Image Credit: Entrackr
Reliance and SoftBank-backed Netradyne raises $90 Mn in Series D
- Netradyne, an AI and edge computing provider, has raised $90 million in a Series D funding round led by Point72 Private Investments.
- The funding will be used for R&D, go-to-market initiatives, and global expansion.
- Netradyne offers AI-powered fleet safety and video telematics solutions, serving customers across multiple countries and industries.
- The company has previously raised over $350 million, with Reliance Industries among its early backers.
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870 reads
11
Dev
14h
The Rise of AI Sales Agents: Revolutionizing the Sales Landscape
- AI sales agents are virtual assistants powered by AI, ML, and NLP.
- Benefits include 24/7 availability, increased efficiency, personalized interactions, cost-effective scaling, and data-driven decision making.
- Key features include lead qualification, automated follow-ups, CRM integration, real-time customer engagement, and sales analytics.
- Use cases include lead generation, e-commerce sales support, B2B sales assistance, upselling and cross-selling, and customer retention.
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912 reads
13
Bloomberg Quint
14h
Denta Water And Infra Solutions Sets Price Band For IPO
- Denta Water And Infra Solutions has set a price band of Rs 279 to Rs 294 per share for its IPO.
- The IPO will open for subscription on Jan. 22 and close on Jan. 24.
- The company aims to raise funds for working capital requirements and general corporate purposes.
- Denta Water has a strong track record in water engineering and infrastructure projects.
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1.1k reads
22
HinduBusinessLine
14h
Qualcomm, MapmyIndia partner to develop indigenous auto tech solutions
- Qualcomm and MapmyIndia have partnered to develop indigenous auto tech solutions.
- MapmyIndia will utilize Qualcomm’s Snapdragon Auto Connectivity Platform to develop telematics solutions for Indian automakers.
- The collaboration aims to bring high-quality connectivity features to mid-tier and low-tier vehicles.
- The partnership will also integrate Snapdragon Car-to-Cloud Services with MapmyIndia’s automotive services.
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836 reads
1
Economic Times
14h
Zomato infuses Rs 500 crore in quick commerce platform Blinkit
- Zomato has invested Rs 500 crore in its quick commerce business Blinkit, taking total investments to Rs 2,800 crore.
- Blinkit has also expanded, aiming to operate 1,000 dark stores by March this year, and 2,000 by December 2026.
- The investment comes following Zomato's November fundraiser, which raised Rs 6,500 crore.
- Blinkit competes with Swiggy’s Instamart and Lightspeed-backed Zepto, as well as e-commerce Giants Amazon and Walmart-owned Flipkart.
- Blinkit has also entered the food delivery market with its new 10-minute food delivery platform, Bistro.
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1.3k reads
11
E-Vehicleinfo
14h
Maruti Suzuki to Reclaim 50% Market Share in EV Industry by 2030
- Maruti Suzuki plans to reclaim 50% market share in the electric vehicle (EV) industry by 2030.
- The company aims to introduce affordable electric cars and leverage its strong base in India.
- Maruti Suzuki will debut its first all-electric vehicle, the e-Vitara, at the Auto Expo 2025.
- The brand also emphasizes sustainability and aims to meet international pollution requirements.
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1.5k reads
16
Coinpedia
14h
South Korean Woman Steals $480,000 in Crypto to Pay Off Debts
- A South Korean woman has been arrested for stealing $480,000 worth of cryptocurrency from a friend to pay off her debts.
- The woman stole her friend's phone and used it to access the victim's crypto holdings, selling the cryptocurrency for cash.
- She was tracked down and arrested after the victim reported the theft.
- Authorities are investigating the case, which follows previous incidents of cryptocurrency theft in South Korea.
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1.5k reads
1
Minis
14h
Image Credit: Minis
How AI revolution is driving 200,000 layoffs on Wall Street
- Advancements in AI are driving significant changes on Wall Street, with up to 200,000 job cuts projected in the next 3-5 years, particularly in roles involving repetitive tasks.
- According to a Bloomberg Intelligence survey, AI could boost bank profits by up to $180 billion by 2027, with 54% of banking jobs being automatable. While leaders like JPMorgan’s Jamie Dimon stress AI's potential to enhance roles, the reality of layoffs looms.
- To adapt, professionals should upskill in AI, leveraging free resources and embracing innovation. AI is both a challenge and an opportunity—success depends on viewing it as a tool for growth.
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11.4k reads
36
Bloomberg Quint
17h
Infosys Q3 Review: Multiple Target Hikes On Being 'Top IT Revival Play'
- Infosys raised its revenue guidance for the financial year ending March 2025 to 4.5-5.0%.
- Nuvama Institutional Equities considers Infosys as one of the best ways to play the revival in the IT sector.
- Nomura Global Markets Research believes Infosys is one of the best ways to play a potential improvement in discretionary demand in IT services.
- Citi Research maintains a cautious view on Indian IT services due to weak forward-looking indicators.
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734 reads
3
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