Eternal CEO Deepinder Goyal hands over reins to Blinkit chief as quick commerce takes off
Deepinder Goyal will remain on Eternal’s board as its vice chairman.
New leaders, new fund: Sequoia has raised $7B to expand its AI bets
The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
Others
Zanskar thinks 1 TW of geothermal power is being overlooked
Zanskar has raised $115 million to find about a dozen geothermal resources that could help power the grid throughout the U.S. West.
Language learning marketplace Preply’s unicorn status embodies Ukrainian resilience
Language learning marketplace Preply is now valued at $1.2 billion after raising a $150 million that marks a new chapter for the 14-year-old company.
India’s app downloads rebounded to 25.5 billion in 2025, fueled by AI assistants and microdrama boom
ChatGPT was the second most downloaded app in India for 2025 after Instagram.
Consumers spent more on mobile apps than games in 2025, driven by AI app adoption
Consumers spent more money in mobile apps than games in 2025, driven by AI app adoption.
Snap reaches settlement in social media addiction lawsuit
Snap is still a defendant in similar cases related to social media addiction.
Amagi slides in India debut, as cloud TV software firm tests investor appetite
Amagi shares debuted at a 12% discount, offering an early read on investor demand for a rare type of tech listing in India.
Bolna nabs $6.3 million from General Catalyst for its India-focused voice orchestration platform
Bolna said that 75% of its revenue is coming from self-serve customers.
Anthropic’s CEO stuns Davos with Nvidia criticism
Anthropic CEO Dario Amodei unloaded on both the administration and U.S. chip companies over plans to sell to China. The criticism was particularly notable because one of those chipmakers, Nvidia, is a major partner and investor in Anthropic.
Netflix to redesign its app as it competes with social platforms for daily engagement
At the center of the redesign is deeper integration of vertical video feeds, which the streaming giant has been experimenting with since May.