AI-powered finance startup Gradient Labs doubles Series A to $26m
SiftedSiftedSiftedSoftBank helps drive record €93bn of foreign investments for ‘Choose France’
SiftedBerlin-based Contentful snapped up by Salesforce
Contentful, the German content management company, is to be acquired by US software giant Salesforce, the companies announced today. Berlin-based Contentful, founded in 2013, has developed an API-firs...
Tech.euPick n Pay breach puts South Africa’s retail cybersecurity under scrutiny
While Pick n Pay acknowledged the breach, it disputed claims that complete card information was exposed.
TechCabalOla Electric Opens QIP, Sets Floor Price Of ₹37.74 Floor Price
Ola Electric has launched its qualified institutional placement (QIP) to bolster its position in the E2W market. The company has…
Inc42Venture capital’s most underrated skill: knowing when NOT to invest
An article by Husameddin AlMadani, angel investor and aviator
There is a moment before every flight that matters more than takeoff itself.
It is not dramatic or cinematic. From the outside, it often looks like nothing at all. A pilot reviews the conditions, studies the route, checks the airc
WamdaRevolut rolls out services to thousands of users in India ahead of broader launch
The British fintech has built a waitlist of about 450,000 users in India as it prepares for a broader launch.
TechCrunchVertice acquires Vendr to build AI-powered procurement intelligence platform
UK AI procurement platform Vertice, today announced its acquisition of US software pricing platform Vendr. By uniting agentic workflows, AI-powered insights, and expert buying talent, Vertice enable...
Tech.euFlutterwave promotes 25% of its global workforce in talent retention move
The move underscores Flutterwave's focus on talent retention at a time when several Nigerian fintechs, including Branch, Kuda, and Quidax, have reduced headcount in efforts to improve operational efficiency and cut costs.
TechCabalAmazon Now Replaces Google Maps With MapmyIndia’s Mappls APIs
MapmyIndia is deepening its push into India’s booming quick commerce sector. After Zepto, the company has onboarded Amazon Now as…
Inc42Gradient Labs raises fresh $13M
An AI startup that uses AI agents to help financial businesses eliminate repetitive tasks across customer operations has raised a fresh $13m in funding, doubling its Series A raise to $26m, it said to...
Tech.euFrom a Koramangala 2BHK to Rs 100 Cr ARR: How 3 CAs built RegisterKaro
Started during the second wave of COVID-19, RegisterKaro has grown from a small WhatsApp-led operation into a 500-member legaltech platform incorporating more than 2,500 companies a month across India and Dubai.
In April 2021, as India was locked down during the second wave of COVID-19, three c
YourStoryOui Capital’s Pius Bankong on evaluating founders through an operator’s lens
Pius Bankong has been a founder, an operator, and now an investor at Oui Capital. Here's how to pitch him.
TechCabalLVX Bets On AI To Transform Private Market Dealmaking
Bengaluru-based VC firm LVX (formerly LetsVenture) has unveiled Elvix, an AI-powered intelligence platform designed to simplify deal evaluation and decision-making…
Inc42Why VGU’s student founders are building from Rajasthan, not leaving it
From agritech and service innovation to heritage-led consumer brands, VGU’s student founders are building startups rooted in Rajasthan’s realities and designed for larger markets.
YourStoryTractor Junction Announces ₹3 Cr ESOP Buyback
Tractor marketplace startup Traction Junction has announced its second ESOP (employee stock ownership plan) liquidity programme. The early-stage startup has…
Inc42Nigerian business banking startup Brass merges operations into Paystack MFB
The shutdown marks the culmination of a turbulent two-year period for Brass, which once positioned itself as a modern banking layer for African businesses before a liquidity crisis threatened its survival in 2024.
TechCabalCrypto Major Coinbase Re-Enters Indian Market With Direct INR Trading
like Global cryptocurrency exchange Coinbase has relaunched its platform in India, with INR rails for Indian customers which will allow…
Inc42Spiro raises $215 million as race for Africa’s EV market heats up
Spiro, the electric mobility company building battery-swapping infrastructure for motorcycles across Africa, has raised $215 million in equity funding as it pushes deeper into a capital-intensive race to electrify urban transport.
TechCabalNigeria’s CcHUB expands Lagos headquarters with first private startup offices
Yaba—considered Nigeria’s answer to Silicon Valley—has served as the centre of the country’s technology industry. CcHUB became one of the institutions at the heart of that rise, offering founders workspaces, mentorship, investor access, and proximity to other entrepreneurs at a time when Nigeria’s s
TechCabalKyro Capital Launches ₹100 Cr Pre-IPO Fund, Eyes First Close By July
Indore-based financial services firm Kyro Capital has launched a SEBI-registered Category II alternative investment fund (AIF) with a target corpus…
Inc42E2W Registrations Rebound 8.4% MoM In May, Ola Electric Sees Over 22% Jump
After contracting 20% month-on-month (MoM) in April, electric two-wheeler (E2W) registrations saw an 8.4% jump in May to 1.70 Lakh…
Inc42How I Raised $14M For My Startup When I Stopped Pitching And Started Speaking
When investor trust is built through repeated in-person encounters, authentic conversations and thought leadership on meaningful problems, relationships and visibility matter more than aggressive fundraising outreach, argues guest author Alyx van der Vorm, whose startup raised $14 million as the res
Crunchbase NewsBoston Startup Fundraising Looks Strong Only By Pre-AI Parameters
So far this year, investors have put about $7.8 billion into Boston-area startups, per Crunchbase data. That puts the region on track for a moderate annual gain and the strongest tally in about four years.
Crunchbase NewsTie a Knot and Hang On: Practical Resilience from Roosevelt
In a world of shifting markets, exam stress, and family pressures, the ground can feel slippery. The line, “When you come to the end of your rope
YourStoryThe radar gap killing Western defences — and the Berlin chip startup closing it
Today, Berlin startup Xavveo, a deeptech building perception technology based on a proprietary chip, is expanding to tap fast-growing drone-detection/C-UAV, infrastructure surveillance and perimeter s...
Tech.euAfter Months Of Uncertainty, Zee Secures FIFA World Cup Broadcast Rights
Ending months of uncertainty, Zee Entertainment has bagged the broadcast and digital streaming rights for major FIFA properties, including the…
Inc42Startup news and updates: Daily roundup (June 01, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Monday, June 01, 2026
YourStoryReturn Helper raises $4M Series A to turn cross-border ecommerce returns into profit with AI [Sponsored]
Return Helper, a tech-first provider of cross-border ecommerce returns solutions, has closed a $4 million Series A funding.The round brings together a mix of strategic and financial backers with deep ...
Tech.euScripbox Acquires Bluechip Capital to Expand Footprint In Delhi NCR
Wealthtech startup Scripbox has acquired the mutual fund distribution business of wealth management firm Bluechip Capital to expand its footprint…
Inc42India’s AI deal with the UAE challenges U.S. cloud dominance
G42 will deploy U.S.-designed supercomputers in India, offering a new model for governments that want to own their AI hardware.
Rest of WorldCars24 To Invest $20 Mn In Early Stage AI Startups
IPO-bound used car marketplace Cars24 has committed $20 Mn (₹189.8 Cr) to its recently launched initiative, AI Labs, a dedicated…
Inc42RateGain Rallies Over 7% To Hit Fresh 52-Week High
Update | June 1, 2026, 16:15 IST Shares of RateGain ended today’s trading session 3% higher at ₹774.6 apiece on…
Inc42How every recharge fed Nigeria’s $5.8 billion telecom machine
Every time Nigerians buy airtime, renew a data bundle, pay for home broadband, or top up Internet for their businesses, they feed a telecommunication economy that generated ₦7.97 trillion ($5.80 billion) in the first quarter of 2026, according to the National Bureau of Statistics (NBS).
TechCabalIDFC FIRST Bank CEO V Vaidyanathan On How AI Will Make Banking Predictive
For decades, banking evolved from paper-heavy operations to digital interfaces. A data-heavy industry, where we have seen banks are still…
Inc42Simple Energy raises Rs 250 Cr in equity and debt
Simple Energy is Bengaluru headquartered EV manufacturer
Simple Energy will leverage this funding primarily towards expanding its two-wheeler EV production capacity
Simple Energy, the Bengaluru-based electric two-wheeler manufacturer has raised Rs 250 crore in a Series B round of funding led by
YourStoryUPI Transactions Jump 3.8% MoM In May, Cross 23 Bn Mark
UPI transactions rose 3.8% MoM to 23.20 Bn in May 2026 from 22.35 Bn in April. As per NPCI data,…
Inc42European tech weekly recap: Over €3.1B invested in the tech ecosystem in the last week of May
Last week, we tracked more than 60 tech funding deals worth over €3.1 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.Haberin devamını okumak için tıklayın...
Tech.euhephaistos.bio secures €161K to advance sustainable chemical manufacturing
Swiss biotech startup hephaistos.bio hassecured €161,000 (CHF 150,000) from Venture Kick to accelerate the developmentof custom enzyme solutions for pharmaceutical and chemical manufacturing.Chemical ...
Tech.euRevolut, Mistral and Wayve back six-figure “Built in Europe” campaign
Revolut, Mistral, Wayve and ElevenLabs are backing a six-figure “Built in Europe” advertising campaign, challenging the idea that European startups must move to Silicon Valley to scale. The campaign, ...
Tech.euAnveshan bags Rs 150 Cr funding led by Vertex Ventures
The funding will help Anveshan grow its offline and digital channels, and enhance quality infrastructure.
YourStoryLIC Eyes Fintech Foray, Weighs Organic Build & Partnership-Led Model
Insurance behemoth LIC is mulling to set up a fintech arm, either through strategic investments or by building one organically,…
Inc42👨🏿🚀TechCabal Daily – CBN gives PoS agents more room
In today's edition: Kenya's I&M spent $7.7M to acquire Tanzanian stakes || Nigeria's Central Bank adjusts PoS coverage rule || MCB to spend $1 billion on trade finance || SPAR exits UK business
TechCabalInvisix closes €20M seed round to transform chip metrology
Invisix, a semiconductor metrology company developingnext-generation measurement tools for advanced chip manufacturing, has raisedan oversubscribed €20 million seed round. The financing includes parti...
Tech.euDonald Trump Is Going Nuclear
GDELT (nuclear-news.net)D2C Food Brand Anveshan Bags ₹150 Cr In Series B Funding
D2C food brand Anveshan has raised ₹150 Cr (around $15.8 Mn) in its Series B funding round led by Vertex…
Inc42Anthropic’s $65bn round begs the question: ‘Is Europe cooked?’
SiftedFrontier computing mapped: 70+ companies racing to power the AI era
SiftedExclusive: ASML spinout Invisix raises €20m seed round
SiftedThe US and Europe: A tale of two AIs
SiftedCan PhysicsWallah Be Both Educator & Lender?
In a move that echoes a controversial chapter in India’s edtech history, PhysicsWallah (PW) is betting big on student financing.…
Inc42Awfis’ Premium Play, Respite For Rapido & More
Awfis Chases The GCC Boom Awfis is growing beyond its original coworking playbook. Buoyed by GCC-led demand and a shift…
Inc42India’s missing children problem; Flawsome’s flushable sanitary pad
India’s missing children crisis is becoming increasingly gendered, with girls accounting for most cases in 2024. Meanwhile, the country’s menstrual hygiene sector witnessed a breakthrough with Flawsome’s fully flushable, biodegradable sanitary pad.
YourStoryRevolut, Mistral and Wayve back Balderton push to champion European tech
SiftedFinnish smart ring maker Oura prepares US listing
GDELT (bursa.ro)‘This is fine’ artist KC Green reaches agreement with AI startup Artisan
The startup has apparently taken down the ads using KC Green's "This is fine" meme.
TechCrunchSamsung , SK Hynix acquire stakes in Anthropic
GDELT (thestar.com.my)Making sense of the debate over AI psychosis
On the latest episode of Equity, we debate whether tech CEOs are "uniquely prone to AI psychosis."
TechCrunchBlack founders raise highest amount of quarterly funding since 2022, but there’s a catch
Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions."
TechCrunchBig drop in VC inflow; MeMeraki, a tech platform for artisans
Venture capital funding in Indian startups on a weekly basis touched the lowest level for the year till now, and this does not augur well for the ecosystem. Meet Yosha Gupta, the founder of MeMeraki, a tech-enabled platform for traditional and folk art.
YourStoryInside Kota's reckoning: Why India's coaching capital is rebuilding from the ground up
For nearly three decades, Kota was a one-word answer. Ask any small-town family in Bihar, Uttar Pradesh or the Northeast where a bright child
YourStoryReal Money Gaming’s GST Soup: Beating A Dead Horse
Death by a thousand cuts. That’s perhaps the most fitting way to describe the state of India’s real-money gaming (RMG)…
Inc42Editor Take : The Week That Was May 25 - 30
GDELT (dealstreetasia.com)Memory and medium: how Satish Gujral’s art showcases Indian modernism
In this photo essay, we feature highlights from an art exhibition at Bikaner House, curated by Raseel Gujral Ansal.
YourStoryMarkets, livelihood, decisions: test your business creativity with Edition 234 of our weekly quiz!
Lateral Sparks, the weekly quiz from YourStory, tests your domain knowledge, business acumen, and lateral thinking skills (see the previous edition here). In this 234th edition of the quiz, we present issues tackled by real-life entrepreneurs in their startup journeys.
What would you do if you we
YourStoryEaseMyTrip Bleeds In Q4, Posts ₹15 Cr Loss
Online travel aggregator (OTA) EaseMyTrip slipped into the red in Q4 FY26, reporting a net loss of ₹15.4 Cr compared…
Inc42SoftBank says it will invest up to €75 billion to build French data centers
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
TechCrunchMenhood FY26: Revenue Zooms 75% YoY To ₹41 Cr, Profit Up 20% YoY
D2C brand Menhood saw its consolidated net profit rise 20.1% to ₹3.1 Cr in the fiscal year 2025-26 (FY26) as…
Inc42Snap alums unveil Ghost Angels fund
A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.
TechCrunchThe groupthink boom: what three top VCs really think about the AI frenzy
"If you're 22 years old in San Francisco and building something in AI, there may be a seed term sheet in your inbox — but if you're 19, oh my God, this means you're really good; you might already have a Series A [offer]," said one, half-kiddingly.
TechCrunchSamsung , SK Hynix Back Anthropic at $965B Valuation
GDELT (newkerala.com)Behind Awfis’ Premiumisation Bid To Capture The GCC Boom
Since becoming the first new-age coworking space provider to list in India, Awfis has steadily grown its top line while…
Inc42Behind Awfis’ Premiumisation Bid To Capture The GCC Boom
Since becoming the first new-age coworking space provider to list in India, Awfis has steadily grown its top line while…
Inc42Kissht Extends Rally Amid A Mixed Week For New-Age Tech Stocks
New-age tech stocks saw yet another mixed week amid the final leg of Q4 earnings season. While 26 out of…
Inc42As the browser wars heat up, here are the hottest alternatives to Chrome and Safari in 2026
We’ve compiled an overview of some of the top alternative browsers available today aiming to challenge Chrome and Safari.
TechCrunchIn a duplex in Lagos, Cowrywise is trying to build a cathedral with 11 priests
For a company of fewer than 80 people, it meant one in seven employees ended that day as a senior executive.
TechCabalAnushka Sharma Joins Cap Table Of Sportswear Startup Agilitas
Sportswear startup Agilitas Sports has onboarded actor Anushka Sharma as an investor and strategic collaborator as it doubles down on…
Inc42Nigeria’s central bank expands PoS operating radius to 70 metres
The Central Bank of Nigeria (CBN) has expanded the permitted operating radius for Point of Sale (PoS) terminals to 70 metres from 10 metres after concerns that the original restriction was too rigid for merchants and agents.
TechCabalCCI Dismisses Predatory Pricing, Dominance Abuse Complaint Against Rapido
The Competition Commission of India (CCI) has quashed a complaint filed against ride-hailing major Rapido for allegedly abusing its dominant…
Inc42“I didn’t see it becoming a business”: Day 1 to 1000 of Startbutton Africa
Lost law school fees, Twitter DMs, and a frozen account, have made Startbutton Africa into a system that helps businesses expand across African markets.
TechCabalEditor's Briefing · Issue #50
Anthropic's $65 Billion Question: Has Europe Already Lost the AI Arms Race?
Anthropic's colossal $65bn valuation round — now drawing investment from Samsung and SK Hynix — throws Europe's AI funding gap into sharp relief. With Groq raising $650M and US AI capital compounding at a rate European sovereigns cannot match, the continent faces a structural reckoning, not merely a quarterly shortfall.
Read Briefing →
8 min read