February 9, 2025

Web and Technology News

France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so f…

Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, w…

Mukesh Bansal seeks over $100M valuation in new venture’s maiden funding

Mukesh Bansal of Myntra and Cultfit fame is evaluating a new venture. Though he has yet to narrow down on what he plans to do with the new startup – and in what order – he has a price in mind. Bansal and entrepreneur Mohit Gupta have pitched several investors – including Peak XV, Lightspeed […]

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services

Singapore-headquartered Pillow plans to discontinue all its services and app in the coming weeks, it warned customers Friday, citing regulatory uncertainty that has claimed countless other crypto startups in recent quarters. Pillow allowed customers to invest in Bitcoin, stablecoins and altcoins, and promised returns of up to 18% — a figure that dropped to 14% […]

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services by Manish Singh originally published on TechCrunch