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Indian Startups have raised $11.3B this year; a record

Indian startups have become the next target of investors and venture capitalists globally

With two months left in 2019, Indian tech startups are already having a great year as a record amount of $11.3B has flown into the local ecosystem of the country,…

Business

SoftBank to take charge of WeWork

SoftBank decided to acquire WeWork at an $8 billion valuation.

WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…

Business

Canva now valued at $3.2 billion after $85 million fundraise

Canva uses a drag-and-drop format and provides access to photographs, vector images, graphics, and fonts to make images …

Canva is now valued at $3.2 billion after an $85 million fundraise by Mary Meeker’s venture capital firm joined by General Catalyst, Bessemer Venture Partners, Blackbird, and Sequoia China. It…

Business

AI-based health startup Healx raises $56M

UK based startup is all set to take on rare diseases with the power of Artificial Intelligence.

Healx , a UK-based biotechnology startup, has secured a $56 million in Series B funding to combat rare diseases using AI as reported by Bloomberg. This funding round was headed…

Business

WeWork to lay-off 2,000 employees; amid IPO crisis

The company is planning to lay off between 10% and 25% of its workforce.

WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies…