Zepto raises $340 million in follow-on financing spherical

Main quick-commerce platform, Zepto has raised $340 million in a follow-on financing spherical at a valuation of $5 billion which comes shut on the heels of its earlier fundraise in June. Basic Catalyst led this spherical, with Dragon Fund, and Epiq Capital coming onboard as new buyers. Current buyers comparable to StepStone, Lightspeed, DST, and Opposite additionally elevated their stakes. … Read more

DST, T-Hub launch AI-ML hub in Hyderabad

The Division of Science and Know-how (DST), which works underneath the Union Ministry of Science and Know-how, and start-up ecosystem enabler T-Hub have joined palms to to arrange a Machine Studying and Synthetic Intelligence Know-how Hub (MATH). The hub will work to foster AI innovation, create job alternatives, and supply a conducive ecosystem for AI … Read more