Venture

Mukesh Ambani will lead Reliance Industries for five more years and groom and mentor his children to take the $200 billion Indian oil-to-telecom giant to greater heights of growth and value in the decades ahead. As part of the succession plan, Reliance Industries appointed Ambani’s children &

Teamshares is a low-flying, New York-based startup with big ambitions to capitalize on an opportunity in plain sight: that of small businesses without a succession plan. It’s not a small market. According to the U.S. Small Business Administration, small businesses represent 99.7% of U.S. empl

The hype around fusion power is real. Researchers at the National Ignition Facility achieved net-positive controlled nuclear fusion in December 2022, a milestone that's been decades in the making. Then, earlier this month, they did it again, proving that it wasn't just a fluke. But that'

What do a chef in Turkey, a pilot in Australia, a physical therapist in Oregon, a submarine operator in the military and a DJ in the Bay Area all have in common? They are all members of Hustle Fund's Angel Squad, an investment community for new angel investors. Hustle Fund is an

CakeResume, used by tech companies like Google, L’Oréal and TSMC to find new talent, announced today it has raised $5 million in Series A funding. The round was led by returning investor Mynavi, one of Japan's largest human resources companies, and will be used to expand in countries lik

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was raising “several hundred million dollars”

The launch of ChatGPT in November of 2022 propelled our world into the Age of AI, and the tech industry will never be the same. Nearly every pitch deck I've seen since December has had AI on the front two pages. As with any emerging technology, however, venture capitalists like

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund an

Earlier this week, The New York Times shone a light on some of the desperation that founders are experiencing as they try and fail to secure compute power for their nascent artificial intelligence startups, thanks to the big companies (and even rich nations) racing to snatch them up. One founder re

Peak XV Partners, the most influential venture firm in India and Southeast Asia, has signed more than 10 term sheets and witnessed three exits in the 10 weeks since it announced a split with Sequoia, according to minutes shared by an attendee to the closed-door gathering between the venture firm an

Year after year, vertical-specific investors become increasingly central to the venture world. Andreessen Horowitz's American Dynamism practice has carved out a remarkable brand in the “world of atoms.” Paradigm first made a name for itself with bold crypto bets. Numerous funds are currentl

At the height of the funding boom in 2021, no single sector enjoyed as much VC money as fintech startups did. But in 2023, it appears that fintech companies have to work harder to get funding. Global funding in the space hit a six-year low in the second quarter, according to CB Insights. Specifical

While women's sports leagues were collectively valued at $32 billion last year, they're now $8 billion in the red. OK, that's not true. But if it were, you'd question your investment. Those figures actually reflect crypto market examples — yet somehow, that volatil

Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an investment of as much as $50 million in Neo Group, which also runs a