While tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geographies, including in India and the European Union.
Apoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the companys board, still owns the largest stake in the firm. The India-born founder is now focusing on his healthtech startup Cloud Health Systems (in stealth mode), backed by Joshua Kushners Thrive Capital.
Reliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All about this and more, in todays Morning Dispatch.
Apoorva Mehta: Apoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the company’s board, still owns the largest stake in the firm. The India-born founder is now focusing on his healthtech startup Cloud Health Systems (in stealth mode), backed by Joshua Kushner’s Thrive Capital.
Billionaires: Instacart founder Apoorva Mehta checks out with $1 1bn fortune after IPO thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.