Handpicked Tech & Startup News
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Unacademy Slashes Cash Burn, Shifts Focus to Profit Over Growth
Unacademy plans to cut its core operations cash burn to under ₹200 crore in 2025—down 80% from ₹1,000 crore three years ago. CEO Gaurav Munjal says the focus is now firmly on profitability, not acquisitions. Meanwhile, its language app Airlearn is gaining traction, boasting 70K daily users and $2M in annual recurring revenue.
Read more on startuppedia
Supabase Raises $200M, Becomes Go-To Backend for AI Apps
Supabase, the open-source Firebase alternative, just raised $200M at a $2B valuation. With over 1.7M developers and explosive growth, it’s fast becoming the default backend for AI and modern apps. Built on Postgres, it simplifies setup while scaling effortlessly—earning major love from the dev community and big investors alike.
Read more on TechCrunch
Intel to Cut 20% of Jobs? Report Reveals Major Restructuring Under New CEO
Intel is set to lay off over 20% of its workforce this week as part of a major shakeup under new CEO Lip-Bu Tan. The move aims to cut bureaucracy, refocus on engineering, and help the struggling chipmaker compete with Nvidia. Tan’s strategy includes restructuring, spinning off non-core assets, and revamping Intel’s product and manufacturing approach.
Read more on mint
Ather Energy Trims IPO Size Amid Market Conditions
Ather Energy, India’s electric two-wheeler startup, has cut its IPO size by 18% to ₹26.26 billion ($308M) citing market conditions. Targeting a $1.4B valuation, Ather plans to invest proceeds in a new Maharashtra plant, R&D, marketing, and debt repayment. The company saw strong 2024 sales growth and aims to strengthen its position against rivals like Ola Electric.
Read more on INC42
Flipkart to Shift Base from Singapore to India Ahead of IPO Plans
Flipkart announced it will move its holding company from Singapore back to India, a strategic step likely paving the way for its future public listing. The Walmart-backed e-commerce giant says the shift aligns with its Indian roots, growth potential, and commitment to boosting the country’s digital economy and innovation ecosystem.
Read more on The Hindu
Wayve Expands to Japan for AI-Driven Car Tech
British self-driving startup Wayve has opened its first Asian testing center in Japan to boost AI-powered driving software in partnership with automakers. The move aims to train its systems on Japan’s complex roads, enhancing global adaptability. Backed by SoftBank, Wayve’s tech ditches traditional maps, using camera-based machine learning for smarter autonomous driving.
Read more on Wayve
Columbia’s suspended student startup Cluely raises $5.3M in seed funding
Suspended Columbia student Chungin “Roy” Lee raised $5.3M for Cluely — an AI tool designed to secretly assist users during interviews, exams, and sales calls via a hidden browser window. Despite ethical concerns and a viral “Black Mirror”‑style launch video, Cluely claims over $3M ARR as its founders embrace controversy over convention.
Read more on Techcrunch
Web 2.0’s Comeback: Bringing Back Real Connection
Web 2.0 platforms like Digg, HARO, and TechCrunch are being revived to counter today’s closed, algorithm-driven internet. People crave open, community-driven tools that prioritize credibility and meaningful connections over virality and noise. This resurgence isn’t just nostalgia—it’s about reclaiming access and trust in the AI era.
Read more on Inc
Musk’s Risky Move: Choosing Robotaxis Over Affordable EVs
Elon Musk ignored warnings from Tesla’s analysts and chose to focus on the Cybercab instead of the $25,000 Model 2. The team thought the Model 2 would sell well globally, but Musk went with the robotaxi. With Tesla facing tough competition and falling stock prices, this decision might hurt the company big time.
Read more on Yahoo
BluSmart Halts Services as Probe Hits Co-Founders’ Firm
BluSmart, India’s electric cab startup, has paused operations in cities like Delhi-NCR and Mumbai amid a SEBI probe into Gensol Engineering, linked to co-founders Anmol and Puneet Jaggi. The brothers stepped down after allegations of fund misuse. Investors are stunned, and while a Uber pivot is rumored, Gensol denies it.
Read more on TechCrunch
The Bharat Project Boosts Rural Entrepreneurs
Union Minister Piyush Goyal launched The Bharat Project by YourStory in Mumbai, empowering entrepreneurs from Tier II, III cities, and rural India. This initiative offers AI-powered mentorship, district-level activations, and a WhatsApp learning program. Featuring the Bharat Ideathon and BharatSparks, it provides funding and visibility. A documentary, Shuru-kar, will showcase inspiring startup stories.
Read more on YourStory
Bluesky’s New Blue Check Verification System
Bluesky may soon launch a blue check verification system, spotted in its GitHub repo. Unlike X’s subscription-based model, Bluesky’s approach involves multiple trusted organizations, like The New York Times, issuing checks. Verified users get a blue circle with a white checkmark. The system, possibly announced April 21, 2025, aims for decentralized, transparent verification.
Read more on TechCrunch
Virtue AI Raises $30M to Strengthen AI Safety and Compliance
Virtue AI has secured $30M in Seed and Series A funding to scale its AI security platform for enterprises. Backed by Lightspeed and Walden Catalyst, Virtue helps businesses safely deploy AI with tools like automated risk testing, guardrails, and compliance agents — eliminating the trade-off between innovation and security in AI adoption.
Read more on yahoo
Yale Grads’ Startup Spur Raises $4.5 Million in Seed Funding
Spur, an AI-powered QA testing startup founded by two Yale grads, raised $4.5M from top investors including First Round and Pear VC. Spur uses AI browser agents to mimic real users, helping companies catch bugs and speed up release cycles. Already trusted by Fortune 500s and e-commerce giants, Spur is making quality assurance faster, smarter, and fully automated.
Read more on GlobeNewsWire
OpenAI in Talks to Acquire Windsurf for Over $3 Billion
OpenAI is in talks to acquire coding assistant startup Windsurf for over $3 billion, marking its biggest deal yet. The move signals a potential AI app acquisition race as big players look beyond in-house tools. The deal could raise antitrust questions, especially given OpenAI’s complex ties with Microsoft and competition with rivals like Anysphere.
Read more on Axios
EV Charging Startup IPEC Raises $3M to Boost Growth and Global Expansion
Bengaluru-based IPEC secured $3 million from Gruhas to scale its EV charging solutions and manufacturing. Founded in 2017, IPEC supplies top EV brands like Ather and Bajaj, delivering over a million chargers. The company aims to double revenue in FY26, expand globally, and drive “Make In India” power electronics innovation for the EV sector.
Read more on Entrepreneur
TSMC Posts Strong Q1 Amid AI Chip Boom, Keeps 2025 Growth Outlook
TSMC’s Q1 profits surged 60% to NT$361.56 billion, fueled by rising AI chip demand. Advanced tech like 3nm and 5nm chips led sales, with AI and 5G making up 59% of revenue. Despite U.S. trade tariff risks, TSMC maintained its 2025 growth forecast and continues investing billions in U.S. manufacturing expansion.
Read more on CNBC
Medicare Startup Chapter Secures $75M, Hits $1.5B Valuation
Chapter, a Medicare advisory startup co-founded by Vivek Ramaswamy, raised $75 million, pushing its valuation to $1.5 billion. Known for prioritizing client needs over insurer profits, the company draws bipartisan leadership, including Donna Shalala. Backed by investors like Peter Thiel and JD Vance, Chapter continues to reshape Medicare plan guidance for seniors.
Read more on newsbytes
xAI Introduces Memory Feature to Grok
Elon Musk’s xAI has rolled out a memory feature for its Grok chatbot, enabling it to remember past chats for more personalized responses. Currently in beta on web and mobile (except EU/UK), users can view, manage, or delete memories anytime. This update brings Grok closer to rivals like ChatGPT and Gemini in user-tailored AI interactions.
Read more on TechCrunch
Anthropic Boosts Claude with Google Workspace Integration and Smart Research
Anthropic has upgraded Claude with two big features: direct access to Gmail, Calendar, and Docs, turning it into a true workplace assistant, and a new “Research” tool that runs multi-step searches with citations. These upgrades aim to rival Microsoft’s Copilot, while Anthropic promises more powerful updates soon — all while addressing privacy and accuracy concerns.
Read more on TheVerge
Wall Street Sinks, Nvidia Slides Amid Fresh U.S. Chip Export Restrictions
Wall Street dipped Wednesday, led by chipmakers, after new U.S. export curbs hit Nvidia and AMD hard, wiping billions from their outlooks. Nvidia warned of a $5.5 billion charge, AMD $800 million. Investors grew cautious as trade tensions, tariff worries, and Fed rate speculations added uncertainty, despite strong retail sales data and stable earnings from United Airlines.
Read more on Reuters
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