Monday, May 31, 2021

Former Myntra CEO's Mensa Brands raises $50 million from Accel, others

The Series A round also saw participation of angel investors Kunal Shah, Mukesh Bansal, Rahul Mehta of DST Global and Scott Shleifer of Tiger Global, while Alteria Capital and InnoVen Capital have provided debt to the firm.

from Tech-Economic Times https://ift.tt/3uvO1wo

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...