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Startups

The deals, raises, breakout companies and job moves shaping the startup economy.

Funding Unicorn Layoffs

Liotech Industries IPO opens on June 17, listing set for June 24 on BSE SME

The balanced allocation between non‑institutional and retail investors broadens participation in the SME segment, offering smaller investors exposure to a manufacturing firm. Successful subscription could signal continued investor appetite for SME listings and provide Liotech with capital for growth initiatives.

Sarvam Enters Unicorn Club With $234 Mn Funding Round Led By HCLTech

Zetwerk projects FY26 revenue of ₹15,900 crore, a 24% YoY increase

Orbio Secures $21 Million Series A to Automate Frontline Hiring and Onboarding

Ather Energy board approves up to ₹2,500 cr fundraising plan

ServiceNow Reduces Workforce by Hundreds Amid AI-Driven Efficiency Gains

ServiceNow cuts hundreds of jobs as company cites AI efficiencies

Prometheus raises $12 billion, valuing Jeff Bezos’s physical‑AI startup at $41 billion

AUM Ventures launches ₹750 cr India Innovation Fund II to back deep‑tech startups

Ethereal Machines raises $28.5 million in Series B to expand precision manufacturing capacity

Dartle Raises $100,000 Seed Funding Led by IPV to Expand Global Footprint in Youth Sports Technology

China Inc deploys 'quiet' layoffs as Beijing promotes AI adoption

Musk's xAI accused of illegally firing engineer who raised safety concerns

Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports

Meet Uzbekistan’s first unicorn: e-commerce startup Uzum