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Hey folks ! Remember Parag Agrawal, the ex-CEO of Twitter? After Elon Musk takeover Twitter in oct 2022 , Parag exited with a cool $42 million package. Now he is back with $30 million funding for his new AI startup Parallel Web Systems. This $30M in funding from Khosla Ventures, Index Ventures, and First Round Capital. š° Parallel aims to build an API that helps AI interact with web data more effectively. Based in Palo Alto, theyāre working on making AI smarter with real-time web access!
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š Weekly Startup Funding Snapshot ā India (April 21ā27, 2025) Indian startups secured ā¹2,000 Cr (~$250M) across 22 deals, led by SaaS, Edtech, B2B, and EV infrastructure. š Top Deals 1. Atomicwork (B2B SaaS): ā¹200 Cr ($25M) Series A ā Khosl
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Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture
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šØ LanceDB raises $30M SeriesāÆA from Theory Ventures, CRV, YC, Databricks Ventures & Runway š§ Why it matters: Multimodal AI needs robust data infraāand strong investment signals where text, vision & audio meet. š Quick Insight: If you're buildi
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X User Records Released: 200 million+ Twitter Accounts Leaked Cyber criminals are always on the lookout for platforms that double up as mammoth data rigs, such as popular social media platforms. One of the latest targets of hackers is X (formerly Tw
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šØ Abridge raises $300āÆM led by Andreessen Horowitz, joined by Khosla Ventures š§ Why it matters: Medātech AI is unlocking massive efficiency gains in healthcare ā automating doctor workflows at scale. š Quick Insight: If you're building enterpr
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Another electric vehicle manufacturer has declared bankruptcy. š Electric car startup Fisker, founded by Henrik Fisker, has filed for bankruptcy. The company attempted to revive its business model of contract manufacturing cars through outsourcing
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SuperKalam, an AI-led personal mentor for students preparing for competitive exams, has raised $2 million in its seed round led by Y Combinator and Fundersclub. The round also saw participation from notable investors, including YC Partner Puneet Kuma
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š PepSales Raises $1.1 Million in Pre-Seed Funding! š PepSales, the innovative AI-driven sales platform, has successfully secured $1.1 million in pre-seed funding led by Chiratae Ventures. This strategic investment will fuel the development of the
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