Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
The move comes at a time when its biggest competitor Netflix has lost a sizable number of subscribers around 200,000, according to its first quarter earnings for 2022. Read More
India accused Xiaomi Corp. of breaching the country’s foreign-exchange laws and seized 55.51 billion rupees ($726 million) from a local unit of the smartphone maker. Read More
Lumos, a startup that wants to provide an end-to-end solution for enterprises to manage all of the SaaS apps their employees use, is coming out of stealth today. Read More
Earlier last month, we featured Mooji Meats, noting the food tech startup’s plans to raise a $2.5 million seed planned to accelerate its 3D printing technology. Read More
Porsche has read the room. With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs. Read More
When Dock co-founder and CEO Alex Kracov was working at Lattice, an HR startup, he was in charge of a marketing team of 20 people, and he noticed that as the company grew and moved up market. Read More
Shopify today announced that it will acquire Deliverr, a San Francisco, California-based e-commerce fulfillment startup, for $2.1 billion in cash and stock. Read More
Getting from prototyping to manufacturing meant long, expensive trips to places like Shenzhen and a whole lot of trial and error. Fictiv was founded in 2013 to address this. Read More
Tomorrow Farms is turning the concept of pantry and refrigerator staples on its head to create foods that are better for us. Read More
The NFT ecosystem continues to chug along, but the vast majority of volume is still moving through the centralized halls of NFT marketplace OpenSea, leaving crypto VCs eager to find new channels. Read More
When we last checked in with AI-powered captioning service Ava, they had just raised a seed round and it was six months into a pandemic that would reshape how we all work together. Read More
Spotify co-founder Daniel Ek said on Friday that he’s pouring $50 million into the music streaming service, driving its stock price up by more than 3% to a high of $108.98 per share. Read More
German luxury automobile major Audi is ramping up its pre-owned car business Audi Approved Plus to enable buyers in India to upgrade without having to spend on a new luxury car. Read More
Tata Steel Ltd will look to grow organically, and the steel giant is under "no pressure" to look at fresh acquisitions during this decade, Chief Executive Officer and Managing Director T V Narendran said. Read More
If you missed out on the previous week or entire month's updates of startup world news, follow the link to read it now and stay tuned with us for more updates.
We, at OpenGrowth, are constantly looking for the latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.
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Sajitha is a content writer who predominantly writes for EdTech Industry and also pens poetry, eBooks, and fascinating content. She believes writing should intrigue her audience and work with passion. She is an avid reader and holds her master's in literature. Her hobbies include traveling, music, and self-publishing!