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Monday, March 2, 2026

Tag: startup funding

Budget 2024: Major Push for Manufacturing with Defence Tech and PLI Boost

India's interim budget focuses on manufacturing growth with a new deep-tech defence scheme, increased PLI funding, and a ₹1 trillion startup fund to create jobs and boost self-reliance.

Nvidia Invests $2B More in CoreWeave, Launches New AI Chip

Nvidia deepens its AI cloud partnership with a $2 billion CoreWeave investment and a new Blackwell B200 chip variant for 2025 launch.

PM Modi to Launch Startup Schemes, Address National Startup Day Event

Prime Minister Modi to announce SISFS 2.0 funding and Innovation Week 2024, boosting India's world-class startup ecosystem creating over 12 lakh jobs.

Databricks Targets $130B+ Valuation in New Funding Round

Data analytics firm Databricks is in talks to raise capital at a valuation exceeding $130 billion, a 30% increase from its September funding round.

AI Startup Reveals $100 ‘Fake’ Product Led to $1B Valuation

Fireflies.ai founders manually took meeting notes as "Fred" to validate demand before building their AI technology, revealing their path to unicorn status.

Why OpenAI’s $1 Trillion IPO May Never Happen

Sam Altman's resistance and OpenAI's massive growth challenges cast doubt on the much-anticipated public offering despite 2026 speculation.

Rapido Plans IPO by 2026-End, Targets 100% Growth Before Listing

Bike taxi aggregator Rapido aims to begin IPO process by 2026 end while maintaining 100% growth. Company valued at $2.3 billion, nearing operational profitability.

PM Modi Launches ₹1 Lakh Crore RDI Fund for Private Research

India launches massive research fund to boost private investment in innovation and development through expert-managed two-tier funding structure.

Meet the World’s Youngest Self-Made Billionaires Behind AI Startup Mercor

Three 22-year-old entrepreneurs become the youngest self-made billionaires after their AI recruitment startup Mercor reached a $10 billion valuation.

Perplexity AI CEO Uses Own AI to Answer Investor Questions, Secures Funding

Perplexity AI CEO Aravind Srinivas reveals how he uses AI-generated responses instead of pitch decks to secure millions in funding from investors.