Growwh

SoftBank Vision Fund is cutting 20% of its workforce and shifting focus to AI investments, including a $40B OpenAI deal and $6.5B for Ampere, while funding its strategy through asset sales. 👉 Read the full post: https://growwh.com/softbank-vision-fund-plans-20-job-cuts-amid-strategic-shift-to-ai/

The IFC has invested $25 million in Trifecta Capital's fourth venture debt fund to support startups in electric vehicles, AI, and agri-tech sectors, enabling them to access capital without giving up equity. This investment is part of IFC's strategy to promote economic growth and sustainable innovation in India. 👉 Read the full post: https://growwh.com/ifc-invests-25-million-in-trifecta-capitals-fourth-venture-debt-fund/

Flipkart, India's e-commerce giant, reports a 25% rise in active sellers and a 30% increase in seller business ahead of the festive season. The growth is powered by enhanced technology tools like the NXT Insights platform and expansions into emerging trade hubs, supporting MSMEs. The company also introduces the New Seller Success Program for new entrepreneurs and focuses on ensuring compliance with GST norms. 👉 Read the full post: https://growwh.com/flipkart-marketplace-sees-25-rise-in-active-sellers-ahead-of-festive-season/

Urban Company's IPO was oversubscribed by nine times on the second day, mainly driven by high interest from retail and high-net-worth investors. The IPO involves 107.7 million shares and has attracted significant interest, with bids totaling 961 million shares. 👉 Read the full post: https://growwh.com/urban-company-ipo-day-2-shares-oversubscribed-9x-by-investors/

AWS DevSparks 2025 highlights AI's transformative role in software development, contrasting AI-managed and AI-assisted approaches. AWS is adopting an AI-first model to boost productivity and accelerate delivery, using methods like Mob Elaboration and Mob Construction. 👉 Read the full post: https://growwh.com/future-of-software-development-with-ai-insights-from-aws-devsparks-2025/

Elastic's Search AI platform is transforming India's digital ecosystem by providing tools for developers to integrate AI-powered search capabilities, enabling real-time insights and automating actions, crucial for handling vast amounts of data in a rapidly evolving digital landscape. 👉 Read the full post: https://growwh.com/unlocking-indias-intelligent-future-with-elastic-search-ai/