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Aspora Lands $50M Funding to Grow Its NRI-Focused Financial Platform

जून 16, 2025जून 16, 2025 by educatekaroin News, Business, Funding, Startup, TechLeave a Comment

Aspora (formerly Vance) is rapidly scaling up its remittance platform for NRIs, processing $2B annually—up 6x in a year. With over $99M raised, including a new $50M Series B led by Sequoia and Greylock, the startup is now valued at $500M. Starting in the UK, it’s expanding into the U.S., Canada, Singapore, and Australia. Aspora plans to launch NRI-focused services like bill pay, FDs in foreign currency, full-stack bank accounts, and even elderly care back in India—transforming into an all-in-one financial hub for the diaspora.

Landbase Raises $30M to Reinvent AI-Powered Marketing Outreach

जून 13, 2025जून 13, 2025 by educatekaroin News, AI, Apps, Funding, Startup, TechLeave a Comment

Ex-AppDirect co-founder Daniel Saks just raised $30M for Landbase, an AI tool that automates cold outreach using lessons from 40M campaigns. Powered by GPT-4o, it focuses on building “digital trust,” not pretending to be human. With 100+ clients and major VC backing, it’s aiming beyond tech—straight for SMBs.

Multiverse Nabs €189M to Shrink AI Models with Quantum-Inspired Tech

जून 13, 2025जून 13, 2025 by educatekaroin News, Quantum Computing, Startup, TechLeave a Comment

Spain’s Multiverse Computing just raised €189M to scale “CompactifAI,” a tool that slims down open-source AI models by up to 95%. These faster, cheaper models can even run on Raspberry Pi. Backed by firms like HP and Toshiba, Multiverse now eyes global expansion.

Omada Health Pops 21% in Nasdaq Debut, Hits $1B+ Valuation

जून 7, 2025जून 7, 2025 by educatekaroin News, IPO, Startup, TechLeave a Comment

Omada Health Soars 21% on Nasdaq Debut, Opening at $23 Following $19 IPO Pricing. The virtual chronic care startup raised $150M by selling 7.9M shares, now trading under “OMDA.” With revenue up 57% YoY, Omada joins a small wave of healthtech IPOs, following Hinge Health. Backed by a16z and Fidelity, the company is now valued over $1B.

KiranaPro Co-Founder Unable to Dismiss External Hack After Data Wipe

जून 7, 2025जून 7, 2025 by educatekaroin News, Business, Cybersecurity, Startup, TechLeave a Comment

Grocery delivery startup KiranaPro lost app code and customer data after its GitHub and AWS accounts were mysteriously wiped. The Bengaluru-based firm blames a fired employee—but admits his access was never revoked. CEO Deepak Ravindran says there’s no proof of external hacking yet, and a proper forensic probe hasn’t been done. The company restored some data from backups but hasn’t paid all staff despite recently raising ₹10 crore in funding.

Read more on: TechCrunch

Mistral Unveils AI Coding Assistant to Rival Copilot

जून 4, 2025जून 4, 2025 by educatekaroin News, AI, Startup, TechLeave a Comment

French AI startup Mistral has launched Mistral Code, an AI-powered coding assistant built on the open-source Continue project. Supporting 80+ languages, it offers cloud or on-prem deployment, enterprise controls, and integration with JetBrains and VS Code. Backed by €1.1B funding, it powers clients like Capgemini and SNCF, and promises ongoing open-source contributions.

Read more on: TechCrunch

Snowflake Acquires Crunchy Data to Launch Enterprise-Grade Postgres

जून 3, 2025जून 3, 2025 by educatekaroin News, AI, Business, Funding, Startup, TechLeave a Comment

Snowflake is acquiring Crunchy Data—an open-source Postgres specialist—in a deal estimated at $250M. The move enables Snowflake to roll out Snowflake Postgres, bolstering its AI Data Cloud with enterprise-grade PostgreSQL capabilities. As demand for AI-ready data infrastructure rises, Snowflake joins tech giants racing to enhance database offerings tailored for AI-driven enterprise applications.

Read more on: TechCrunch

Console Raises $6.2M to Automate IT Help Desk with AI

जून 3, 2025जून 3, 2025 by educatekaroin News, AI, Business, Funding, Startup, TechLeave a Comment

Ex-Rippling product lead Andrei Serban launched Console to automate routine IT help desk tasks using AI. With quick Slack integration and support from Scale AI, Calendly, and Thrive Capital, Console resolves over 50% of requests autonomously. The startup aims to expand into HR, finance, and legal, becoming employees’ go-to solution for workplace support.

Read more on: TechCrunch

Salesforce Acquires Moonhub, an AI-Powered Hiring Solutions Startup

जून 3, 2025जून 3, 2025 by educatekaroin News, AI, Business, Startup, TechLeave a Comment

Salesforce is integrating members of Moonhub’s team, an AI-driven startup specializing in talent acquisition, following Moonhub’s closure announcement. Though not a full acquisition, the move aligns with Salesforce’s growing AI strategy. Moonhub, backed by investors like Khosla Ventures and Salesforce, built tools for automated hiring. The team will now help enhance Salesforce’s AI-driven HR solutions.

Read more on: TechCrunch

Horizon3.ai Raises $73M+ Toward $100M Goal Amid Rapid Growth

मई 29, 2025मई 29, 2025 by educatekaroin News, AI, Startup, TechLeave a Comment

Cybersecurity startup Horizon3.ai has secured over $73M toward a $100M raise, reportedly valuing it near $750M. Backed by NEA, the AI-powered threat detection firm boasts $30M ARR and 101% YoY growth. Following its FedRAMP approval, Horizon3.ai continues expanding in federal and enterprise sectors, mirroring NEA’s recent Veza investment and riding rising demand for automated cyber defense.