GM! Let’s Connect! "Who knows—it could be interesting. Sometimes when u least expect it, U have a conversation that brings up new ideas and leads to new experiences and opportunities.” Cup of coffee would have been icing on the cake, but it’s far-fetched in current scenario.
Nandan Nilekani-backed Fundamentum plans Rs 1,800-2,500 crore Fund III to double down on growth-stage startups
By @BhavyaDKumar
https://t.co/t4gnt83AeF
🚨 EXCLUSIVE: Meta in talks to invest in Kunal Shah's Cred
Significantly, they've also discussed a complete acquisition too!!
Facebook parent Meta, over the past weeks, has held discussions to invest in Indian fintech Cred, at least six people aware of the discussions told Moneycontrol.
While the tech giant has explored investing tens of millions of dollars in Cred as primary capital, it has also evaluated other options, including a full acquisition of the company at a lower valuation and bringing founder Kunal Shah into the organisation in an operating role, sources told Moneycontrol.
“Which path Meta ultimately chooses remains unclear. What is evident, however, is that Cred is in need of fresh capital and Meta has expressed a willingness to back the company,” one of the people cited above said.
Break with @Goenka_Tushar1
https://t.co/esGD5pwASJ
Starbucks’ India unit plans to open dozens of new stores each year as it seeks to fend off rivals and strengthen its position in the South Asian country’s fast-growing coffee market https://t.co/yfLWIx9ax4
Opendoor shuts India operations, lays off 250 employees and moves roles to the US
"When we launched Opendoor 2.0 a few months ago, Opendoor had nearly 250 employees in India. Over the last few months, some of these jobs have been relocated back to the United States," CEO Kaz Nejatian said in a note.
"Today, we are finalizing bringing these roles closer to our customers in America and beginning the process of winding down our India-based operations"
https://t.co/BqIK3ImGwc
A ray of hope! Scientists in Japan have successfully recreated the full hair growth cycle in mice, allowing hair to grow, shed, and regrow naturally. While more research is needed, this breakthrough could one day help people affected by #alopecia, #cancer treatments, and age-related #hairloss. https://t.co/LeNhbZTIaY
Nice explainer to understand the science behind #antibiotics, how they work inside the body and why some people encounter side effects when under such medications.
🚨🚨 Hyderabad-based Skyroot Aerospace becomes India's first space-tech unicorn; Raises $60 million from Ram Shriram's Sherpalo, GIC and BlackRock
Influential tech investor Ram Shriram, among the first backers of Google will be joining Skyroot's board
Hyderabad-based Skyroot Aerospace, a private space launch company, has raised $60 million from Ram Shriram's Sherpalo, Singapore's sovereign wealth fund GIC, BlackRock, the founders of renewable energy company Greenko Group, Arkam Ventures, Playbook Partners, Shanghvi Family Office, and other investors, it announced on May 7.
While the founders of the Greenko Group, Playbook Partners and Shanghvi Family Office are all new investors in the company, Sherpalo, GIC, BlackRock and Arkam Ventures are all existing backers of Skyroot Aerospace. The round was co-led by Sherpalo and GIC.
https://t.co/LU2sfBcbcF