Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing…

Continue ReadingSwiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs

Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture…

Continue ReadingXaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs