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Kuku, an Indian storytelling platform backed by Google, has raised $85 million in fresh funding as it aims to scale its audio and video content offerings amid intensifying competition in the South Asian nation’s mobile-first content market. The Series C round, led by Granite Asia (formerly GGV Capital), values Kuku at more than double its … Read more
Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment, which offers an AI assistant called “Augie” that can take … Read more
With over 400 million chronic patients, India is one of the world’s largest medicine markets. But while most e-pharmacies chase speed, affordability remains the real challenge. Truemeds took a different route: helping patients switch to lower-cost substitutes, a bet now paying off with new funding at about four times its previous valuation. The six-year-old startup … Read more
Crypto venture funding rebounded modestly this week, with $466.6 million raised across 15 deals between June 29 and July 5—primarily driven by outsized bets on Bitcoin infrastructure. The majority of capital flowed into mining and ecosystem development, led by BitMine’s massive $250 million private placement backed by Mozaryk, Founders Fund, and Pantera. Other notable rounds … Read more
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