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Welcome back to the SaaS bear market

October 30, 2023

Investors have sold off cloud stocks to the point that they are in bear-market territory when compared to 2023 peaks.

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ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO

October 30, 2023

Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting Tuesday in a major boost to the Indian startup that in many ways is testing the current appetite of the local public markets. A group of over […]

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ChatGPT app revenue shows no signs of slowing, but some other AI apps top it

October 30, 2023

ChatGPT, the AI-powered chatbot from OpenAI, far outpaces all other AI chatbot apps on mobile devices in terms of downloads and is a market leader by revenue, as well. However, it’s surprisingly not the top AI app by revenue — several photo AI apps and even other AI chatbots are actually making more money than […]

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