Conversational Automation Startup Uniphore Acquires Israel-based Colabo
Uniphore, a Chennai and California-based conversational automation startup, has acquired Colabo, an Israel-based AI-powered knowledge automation solution provider, for an undisclosed amount. As per Uniphore, the integration of Colabo solutions…
Elevation Capital Launches $670 Mn Fund; To Back Early-Stage Startups
Elevation Capital, an early-stage venture capital firm, has closed its eighth India-dedicated fund at $670 million, its largest-ever corpus. The announcement comes amid signs of a funding slowdown and overall…
Rebel Foods Acquires Controlling Stake In Chocolate Brand SMOOR
Rebel Foods, a Mumbai-based cloud kitchen company, has acquired a majority stake in the luxury chocolate brand SMOOR. The development comes within months of Rebel Foods announcing its plans to…
Gupshup Acquires Conversational AI Platform Active.ai
Gupshup, a conversational messaging platform operated by Webaroo Inc., has acquired a conversational AI platform for banks and fintech companies Active.ai. The startup is also in talks with potential investors…
VC Firm Omnivore Launches $130 Million Fund To Back Agritech, Climate Sustainability Startups
Omnivore, an agritech-focussed venture capital firm, has announced the launch of its third fund, with a target corpus of $ 130 million (Rs 1000 crore). As per the VC firm,…
Co-living Startup Stanza Living Acquires Bengaluru-based Singularity Automation
Stanza Living, a Gurugram-based co-living startup, has acquired enterprise Internet of Things (IoT) platform Singularity Automation in an all-cash deal to strengthen its technology ecosystem. As per the startup, the…
AI Startup SparkCognition Acquires Bangalore-based Integration Wizards
SparkCognition, an artificial intelligence (AI) software solutions provider, has signed a definitive agreement to acquire Integration Wizards, a Bangalore-based enterprise computer vision platform, for an undisclosed amount. With this acquisition…
IPO Process Explained, Also India’s Startup IPO Mania Set to Continue Into 2022
The year 2021 turned out to be a landmark year for the Indian startup ecosystem. And last year, the Indian startup ecosystem crossed three remarkable milestones: Overall funding crossed the…