Anthropic buys a one-person biotech and starts its own drug programmes
Anthropic has acquired Mithril Medicine, a single-founder biotech firm developing rare muscular dystrophy treatments, and launched its own drug discovery efforts.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Anthropic has acquired Mithril Medicine, a single-founder biotech firm developing rare muscular dystrophy treatments, and launched its own drug discovery efforts.
Jaipur-based baby essentials brand Moms Home scaled its quick commerce revenue from ₹1 Cr to ₹10 Cr within a year, now representing 30% of annual revenue.
KPIT Technologies reported modest Q2 revenue growth of 0.2% YoY in constant currency but expanded EBIT margin by 60 basis points, citing accelerated AI adoption to drive productivity and future margin growth.
Inference cloud startup General Compute raised $100 million in Series A funding, bucking predictions of a funding downturn in the AI cloud infrastructure sector.
Italian deeptech startup Magic Vision raised €600,000 to develop and commercialize Silver Eye, an AI-powered monitoring system for elderly care using computer vision and edge processing.
Lilly Chen, CEO of FSH Technologies, shares her unconventional path from monk to engineer to building government software for civic applications.
PhysicsWallah School of Startups has partnered with India's Department for Promotion of Industry and Internal Trade for a two-year initiative to support early-stage ventures in Tier-II/III cities and rural areas through training, mentoring, and seed funding.
AI unicorn Sarvam AI is in talks to raise approximately $300 million from IT services firm Cognizant at a $3.5–$4 billion valuation, more than doubling its $1.5 billion Series B valuation from June 2024.
Live2.ai, an Indian AI startup for social media analytics and marketing, raised ₹130 crore in a pre-Series B round led by IvyCap Ventures.
Info Edge is divesting its stakes in healthtech startup MedCords and employment platform Unnati Online for approximately ₹5,000 each, completing exits from already fully-impaired investments.
Online astrology platform Astrotalk reported a 895% surge in consolidated net profit to ₹222 Cr in FY26, with operating revenue rising 55% to ₹1,823 Cr, driven by international expansion and e-commerce growth.
European fintech companies raised significant funding in H1 2026, with UK, France, and Germany leading investment activity across payments, AI-powered financial software, and blockchain services.
Info Edge reported an 87% YoY jump in consolidated net profit to ₹649.8 Cr for Q2 FY27, with operating revenue growing 12.2% YoY, and declared an interim dividend of ₹3 per share.
An opinion piece argues the Indian government should strengthen deep-tech startup support by incorporating state procurement and product validation into its funding strategy.
GomatiRoots, a startup building a brand around Bihar's traditional badi, secured Rs 1 lakh funding through YourStory's Shuru Kar initiative and generated Rs 32 lakh revenue in its first year.
Polish automotive e-commerce startup Autofixer raised €3 million in venture debt from Orbit Capital to expand across Europe and enhance its parts-matching platform.
Global asset manager TPG is in advanced talks to acquire British data centre operator Ark from Elliott Investment Management for approximately $5 billion.
Hitachi announced plans to consolidate its US digital services subsidiaries GlobalLogic and Hitachi Digital Services into a single global brand, Hitachi Digital Inc., launching April 2027.