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News
Fiat Ventures Rebrands to FGV Capital, Closes $35M Fintech Fund
31+ min ago (307+ words) Whalesbook Fiat Ventures has completed a strategic reorganization, merging its growth consultancy and venture capital divisions into a single entity now known as FGV Capital Alongside the rebranding, the firm has announced the successful closing of its second investment vehicle,…...
L&T Innovation Fund Pivots To Indian Deeptech With $1-10M Bets
10+ hour, 1+ min ago (268+ words) Whalesbook Larsen & Toubro's venture capital arm, L&T Innovation Fund (LTIF), has officially shifted its investment focus toward the Indian deeptech startup ecosystem While the fund previously directed much of its capital toward international markets, it is now prioritizing domestic…...
Indian Family Offices Pivot to Pre-IPO Deals for Higher Returns
7+ hour, 33+ min ago (329+ words) Whalesbook Indian family offices, which manage the wealth of the countryâs high-net-worth families, are changing how they invest Instead of relying only on stocks already trading on the NSE and BSE, these entities are increasingly moving capital into unlisted…...
General Intuition Scaling Robotics AI; Valuation Reports Emerge
19+ hour, 43+ min ago (271+ words) Whalesbook General Intuition, a New York-based research firm, is intensifying its efforts to develop large action foundation models These models are designed to enable AI agents to navigate physical spaces and perform tasks, a critical capability for the next generation…...
Physical AI Startup WATER Secures $2.5 Million Funding
1+ day, 5+ hour ago (288+ words) Hyderabad-based startup WATER has raised $2.5 million in a funding round led by Endiya Partners. The company creates adaptive furniture that uses AI to adjust to the human body in real-time. As this is a private startup, it is not listed…...
India R&D Spending Hits ₹2.45 Lakh Crore; Private Sector Leads
1+ day, 11+ hour ago (308+ words) Whalesbook India has marked a structural shift in its research and development landscape, with gross expenditure on research and development (GERD) rising to â¹2.45 lakh crore in the 2023-24 fiscal year, up from â¹2.13 lakh crore in the previous year Projections…...
Preply Becomes $1.2 Billion EdTech Unicorn: Investor Context
2+ day, 27+ min ago (310+ words) Whalesbook Preply, a global online marketplace for language learning, has reached a valuation of $1.2 billion following a $150 million Series D funding round earlier this year This milestone marks the company as a unicorn, a term used for private companies valued…...
US Battery Startups Pivot to Defense With $500M DOE Grant
3+ day, 2+ hour ago (283+ words) Whalesbook In August 2026, the U.S Department of Energy (DOE) announced $500 million in grants to seven companies aimed at bolstering the domestic battery supply chain This funding marks a pivot for several prominent battery technology startups, which are increasingly prioritizing defense…...
Indian Startup Funding Jumps 94% to $470 Million in a Week
2+ day, 20+ hour ago (251+ words) Whalesbook The Indian startup ecosystem witnessed a robust week of investment activity between August 17 and August 22, 2026, securing more than $469.8 million across various funding rounds This represents a 94% increase compared to the $242.55 million raised in the previous week, reflecting renewed confidence…...
Peak XV’s Shailendra Singh Says AI Funding Shift Favours Enterprises
3+ day, 1+ hour ago (239+ words) Whalesbook Shailendra Singh, Managing Director at Peak XV Partners, recently highlighted a significant change in the artificial intelligence investment landscape At the Economic Times World Leaders Forum, Singh argued that venture capital firms are becoming less significant in the AI…...