Ultrahuman is firming up a new round after its talks with SoftBank for a $40 million fundraise did not go through. The ongoing discussions potentially value the company at around $550-600 million, sources told Moneycontrol.
Indiagold co-founder Deepak Abbot took to X to share an interesting account from his visit to the consulate for his US visa interview. His post has gone viral with close to 4 lakh views.
Of the total amount, $25 million has come in exchange for equity while the remaining $10 million is the debt component.
LazyCo Founders Apoorv Shankar and Yogansh Namdeo will join Ultrahuman and lead the hardware product development post the acquisition.