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Healthtech Unicorn Innovaccer Lays Off 340 Employees in AI Shift

Healthtech Unicorn Innovaccer Lays Off 340 Employees in AI Shift

The restructuring impacts teams in both India and the US as the company pivots its focus.

Yassine Benadou

Unnati Cofounder Ashok Prasad Passes Away

Unnati Cofounder Ashok Prasad Passes Away

The agritech entrepreneur passed away following a sudden cardiac arrest, the company announced.

Ali Abounasr El Alaoui

Former Peak XV Partners Launch Mettle Capital with $400M Target

Former Peak XV Partners Launch Mettle Capital with $400 million Target

The new India-focused VC firm will back startups in AI, deeptech, and consumer internet sectors.

Yassine Benadou

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Latest News.

Healthtech Unicorn Innovaccer Lays Off 340 Employees in AI Shift

Healthtech Unicorn Innovaccer Lays Off 340 Employees in AI Shift

The restructuring impacts teams in both India and the US as the company pivots its focus.

Yassine Benadou

Sun May 17 2026

Unnati Cofounder Ashok Prasad Passes Away

Unnati Cofounder Ashok Prasad Passes Away

The agritech entrepreneur passed away following a sudden cardiac arrest, the company announced.

Ali Abounasr El Alaoui

Sat May 16 2026

Former Peak XV Partners Launch Mettle Capital with $400M Target

Former Peak XV Partners Launch Mettle Capital with $400 million Target

The new India-focused VC firm will back startups in AI, deeptech, and consumer internet sectors.

Yassine Benadou

Sat May 16 2026

AI Finance Platform Numero Acquires Indian Startup Royu

AI Finance Platform Numero Acquires Indian Startup Royu

The deal aims to create an 'agentic AI worker layer' for enterprise CFO offices.

Ghita Khalfaoui

Sat May 16 2026

Rapido Raises $240 Million in Prosus-Led Round at $3 Billion Valuation

Rapido Raises $240 Million in Prosus-Led Round at $3 Billion Valuation

The ride-hailing unicorn will use the capital for market expansion and technology investment.

Ghita Khalfaoui

Sat May 16 2026

Raise Financial Services Acquires GreenLife Insurance Broking

Raise Financial Services Acquires GreenLife Insurance Broking

The fintech unicorn will invest $15 million to build a direct-to-consumer insurance platform.

Ali Abounasr El Alaoui

Fri May 15 2026

Nivasa Finance Secures ₹25 Crore Seed Funding for Rural Home Loans

Nivasa Finance Secures ₹25 Crore Seed Funding for Rural Home Loans

Prime Venture Partners, Blume Ventures, and Whiteboard Capital backed the housing finance platform.

Ali Abounasr El Alaoui

Fri May 15 2026

FusionAP Secures $2 Million to Advance Semiconductor Packaging in Malaysia

FusionAP Secures $2 Million to Advance Semiconductor Packaging in Malaysia

The round was co-led by Vertex Ventures Southeast Asia & India and Southern Capital Group.

Ali Abounasr El Alaoui

Fri May 15 2026

Lightspeed Cuts India Fund Target to $350M Amid Shift to AI

Lightspeed Cuts India Fund Target to $350 million Amid Shift to AI

The move marks a strategic pivot to early-stage AI and deeptech investments in the region.

Ali Abounasr El Alaoui

Thu May 14 2026