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India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s … Read more
Key Takeaways Kraken’s third-quarter revenue more than doubled year-over-year, indicating strong growth. The exchange expanded into US derivatives trading through the acquisition of The Small Exchange. Share this article Kraken, a crypto exchange, reported that its revenue more than doubled in the third quarter compared to the same period last year. The company has expanded … Read more
Financial institutions are navigating a growing cybersecurity minefield, with data breaches doubling since 2023 and increasingly affecting a company’s market confidence or regulatory standing. According to a report from AInvest, third-party breaches in the financial sector have doubled since 2023. The report also found that the average breach costs hitting $4.8 million, and insider-related incidents … Read more
Generative AI apps have seen tremendous growth in both downloads and in-app revenue in the first half of 2025, a report from market intelligence firm Sensor Tower said. Users downloaded Gen AI apps 1.7 billion times, compared to 1 billion in H2 2024. These apps doubled in-app revenue, bringing in $1.87 billion in H1 2025, … Read more
Cluely’s revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch. “Every single person who has a meeting or an interview is testing this out.” Cluely, one of Silicon Valley’s most-talked-about startups, offers products that use AI to analyze online conversations, … Read more
No wonder Google is desperate for more power: The company’s data centers more than doubled their electricity use in just four years. The eye-popping stat comes from Google’s most recent sustainability report, which it released late last week. In 2024, Google data centers used 30.8 million megawatt-hours of electricity. That’s up from 14.4 million megawatt-hours … Read more
Comedy influencer Robby Witt is calling out California state legislators for recent laws that have added new fees and confusing insurance “discounts” to first responder services. One of these laws made it so that the bill for his young daughter’s ambulance ride became more than twice as expensive after he provided proof of insurance. In … Read more
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear … Read more
OpenAI’s flagship AI chatbot, ChatGPT, returned to solid growth in the latter half of 2024, according to a new report published on Thursday by VC firm Andreessen Horowitz (a16z). While it took ChatGPT nine months to grow from 100 million weekly active users in November 2023 to 200 million in August 2024, it’s now taken … Read more
Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company’s internal operations. The company had crossed $100 million in annualized revenue before its third birthday in March 2022, passed $300 million by August 2023, and now effectively more than doubled that … Read more
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