Topic: ipo plans
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Oura CEO on IPO Plans and Unwavering Data Privacy
Oura Health's CEO confirmed the company is positioned for an IPO but has not set a specific timeline, prioritizing user data privacy as nonnegotiable. The company expects to achieve $1 billion in annual revenue this year, doubling its previous performance and highlighting its growth in the health...
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Gupshup Secures $60M in Funding, Unicorn Status Still Uncertain
Gupshup, a business messaging platform, secured $60 million in new funding to expand in high-growth markets like India and Latin America, though its current valuation remains undisclosed. The company has evolved from SMS-based tools to AI-powered chatbots and agents, focusing on automating custom...
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Jar Profits by Helping Millions Save in Gold
Jar is a profitable Indian fintech platform that enables first-time savers to invest in digital gold, leveraging cultural affinity and accessibility with investments as low as ₹10. The company has over 35 million users, with significant growth from tier-2 and tier-3 towns, and has seen revenue su...
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Cerebras Raises $1.1B While Still Private a Year After IPO Filing
Cerebras Systems raised $1.1 billion in Series G funding, reaching an $8.1 billion valuation, co-led by Fidelity and Atreides Management, despite previous IPO plans for 2025. The company's growth is driven by strong demand for its AI inference services launched in 2024, leading to workforce expan...
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Mistral AI Explained: The Rising OpenAI Competitor
Mistral AI is a leading European AI startup, competing with OpenAI through innovative models like Le Chat, backed by strong funding and partnerships while prioritizing openness and sustainability. Le Chat's mobile launch gained rapid traction in France, hitting 1M downloads in two weeks and intro...
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GoKwik Secures $13M Funding, Valuation Soars in India
GoKwik raised $13 million in new funding, led by RTP Global, increasing its valuation to $450 million pre-money and bringing total funding to $68 million since 2020. The company provides SaaS tools for D2C businesses, serving over 12,000 merchants globally and integrating with platforms like Shop...
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Mistral AI Explained: The Rising OpenAI Competitor
Mistral AI, a Paris-based startup valued at $6 billion, is emerging as France's leading AI contender with products like Le Chat, gaining attention as a potential rival to OpenAI. The company emphasizes openness and accessibility, offering both proprietary and open-source models, and has seen rapi...
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Indian drone startup Raphe mPhibr secures $100M amid booming military UAV demand
Raphe mPhibr, an Indian drone manufacturer, secured $100 million in Series B funding to boost domestic drone production and meet rising military demand, driven by border security and combat needs. The company, founded in 2017, specializes in defense drones like the mR10 swarm system and Bharat dr...
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