Author: arthursheikin@gmail.com

[ad_1] Eight U.S. and Indian venture capital and private equity firms — including storied investors Accel, Blume Ventures, Celesta Capital, and Premji Invest — have formed an unusual coalition to back India’s deep tech startups, pledging more than $1 billion over the next decade to strengthen U.S.-India tech ties. The alliance addresses longstanding funding concerns. In April, Indian Commerce Minister Piyush Goyal drew criticism after slamming domestic startups for focusing on food delivery instead of innovation, contrasting them with Chinese firms in a presentation titled “India vs. China: The Startup Reality Check.” Several investors and founders countered that India lacks…

[ad_1] America’s richest generation is only getting richer.Between 1983 and 2022, the relative household wealth of Americans 75 and older soared, while the mean net worth of all other age groups fell, according to a new paper by Edward Wolff, a New York University economist.Wolff found the gap was driven by three main factors: the homeownership rate, the share of stocks owned, and mortgage debt. He zeroed in on the gap in median net worth between Americans over 75 and those under 35.In the introduction to his paper, Wolff said he had intended to investigate the relative and absolute decline…

[ad_1] This as-told-to essay is based on a conversation with Advait Maybhate, a software engineer. The following has been edited for length and clarity. Business Insider has verified his employment and academic history.When I graduated from the University of Waterloo with my bachelor’s degree in 2023, I had done about a dozen tech internships.Internships are a big deal at Waterloo, and students usually do six during their time there. I started doing internships before I enrolled and took some gap semesters to squeeze in a couple more stints.To me, internships meant exploring varied fields, from gaming to fintech. I also got…

[ad_1] It’s right there in the name.As tariffs loom and the holiday shopping season approaches, Dollar General is leaning into a novel strategy: Sell more items that actually cost $1.Dollar stores have spent years raising prices and adding products that cost more than $1 each. But Dollar General CEO Todd Vasos said that customers are increasingly choosing items at the very price point that lends its name to the chain.Case in point: A rotating selection of about 500 items that Dollar General sells in its stores for $1 — which the company calls “Value Valley” — sold at twice the…

[ad_1] If you’re looking to buy a new home, now might be the time to pounce.There were more newly-built homes sitting on the market in July than there have been since the depths of the Great Recession, new data from the US Census Bureau and the US Department of Housing and Urban Development shows.Last month, 121,000 new homes were waiting to be bought, up from 103,000 in July 2024 and higher than any July since 2009, when there were 126,000.Sales of new single-family homes fell to 652,000 in July — an 8.2% drop from July 2024, the Census Bureau and HUD reported.Sales…

[ad_1] Before he was running a kombucha café in Beijing, Ki Won Yoon was studying the universe’s origins — and swiping right on the woman who would become his partner in life and business.Six years ago, Yoon was a Stanford research scientist shuttling between California and Beijing, studying the faint radiation left over from the Big Bang. While in Beijing, he matched with Shu Yu on Tinder. They bonded over a shared love of tea.When the pandemic grounded flights in 2020, Yoon caught a plane out of California. After a decade at Stanford, he decided it was time to start over.…

[ad_1] Aging demographics, labor shortages, the adoption of GenAI, and the 2023 implementation of e-invoicing are driving companies to automate finance, tax, procurement, and HR in Japan. Yet only 16% of digital transformations succeed, and that’s only 4–11% in traditional industries. The main barriers? Weak leadership commitment, a rigid culture, and a lack of digital talent. LayerX offers an AI SaaS platform to help enterprises scale back-office automation. LayerX, a Japanese AI SaaS startup that enables businesses to cut back-office workload, has raised $100 million in a Series B round led by Technology Cross Ventures (TCV), marking the U.S. fund’s…

[ad_1] 2025-09-01T20:48:54Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Starbucks’ annual Pumpkin Spice launch provided “record-breaking” sales, CEO Brian Niccol said. Fall typically represents a busy sales time for the coffee chain. This year’s launch was particularly critical, with Starbucks in the midst of a turnaround effort. Starbucks’s turnaround effort has a crisp, fall breeze at its…

[ad_1] Anguilla hit the jackpot with its national website domain.Although US residents are likely used to visiting sites with .com, .org, and .edu, it’s common for other countries to use domains that reflect their names, like .uk in the United Kingdom or .cn in China.Anguilla, a British territory, also uses a country domain, and until the last few years, its .ai domain wasn’t remarkable.Industry insiders have been keeping an eye on how AI’s growth could impact Anguilla since 2023, as Business Insider previously reported. Now, as AI transforms the internet and our world, .ai is a moneymaker Anguilla never saw…

[ad_1] Volunteers are needed, and time is ticking! With just over a month until TechCrunch Disrupt 2025 hits San Francisco, we’re calling on students, aspiring founders, marketers, and event pros to step behind the curtain and help the TechCrunch events team pull off one of the largest and most anticipated startup events of the year, taking place October 27–29. The deadline to apply is September 30 Whether you’re looking to build your network, learn what it takes to launch a company, or get a front-row view from tech leaders like Aaron Levie (Box), Sarah Franklin (Lattice), and Elad Gil, volunteering…