In recent times, global markets have witnessed a sell-off, and Bitcoin is now under pressure as well. On Tuesday, Bitcoin’s price fell drastically below $72,877. This was the lowest price Bitcoin has reached since November 2024. Last time it touched $72,884.38 on November 6, 2024, and back then Bitcoin traded at $68,898. The global uncertainties are to blame.Additionally, delayed U.S. data, unclear crypto regulations, and general market fear added to investors’ stress. However, the experts remain positive about the decline. They affirm that this is normal and that the long-term outlook remains favourable. What, precisely, do the experts believe? Is everything bad for crypto? For all that, learn more. Imgae Creidts – CNBCBitcoin Price Drop on Tuesday (February 3, 2025)On Tuesday, Bitcoin was down more than 6%, and it worried investors. Later in the day (precisely at 5:25 p.m. ET), it recovered a bit and was trading at $75,658.95. However, the recovery pushed the price by 3%. Therefore, the tension still lingered. Crypto-related companies are taking the impact of the fall. Strategy, a company that holds a lot of Bitcoin, took a 4% sharp drop during the trading session.  Overall, Bitcoin is down 16% so far this year. However, this decline is…  ​Read MoreStartupTalky- Business News, Insights and Stories

AI-native martech startup Fibr AI has raised $5.7 Mn (about INR 52 Cr) in a seed funding round led by existing investor Accel. Other investors that backed the startup included WillowTree Ventures and MVP Ventures, along with several other angel investors.  The startup plans to use the fresh capital to strengthen its AI and product capabilities, expand its customer base and hire across roles like engineering, product, marketing and sales.  Founded in 2023 by Ankur Goyal and Pritam Roy, Fibr builds AI-powered marketing and web experience tools for brands. The startup focusses on helping businesses reduce customer acquisition costs (CAC) and improve conversion rates by making websites and landing pages more personalised and adaptive to user intent. Fibr’s flagship product, Pilot, allows its clients to create personalised landing pages for campaigns run across ads, emails and SMS. Another product, Blocks, helps marketers reuse and adapt existing content across formats, such as converting a high-performing Facebook ad into a blog post or a Google search ad.  Over time, Fibr has expanded its product into what it describes as an “agentic web experience layer”, where businesses can respond to users online in real time based on their context. The Dover-based startup primarily…  ​Read MoreInc42 Media

Early-stage focussed VC firm Unicorn India Ventures has reached the final close of its third fund at INR 1,200 Cr, exceeding its initial target of INR 1,000 Cr post exercising a green shoe option of INR 200 Cr. The capital for the fund has been netted from limited partners (LPs) such as SIDBI, SBI, along with undisclosed US-based investors, Indian UHNIs and family offices. Cofounder and managing partner Bhaskar Majumdar told Inc42 that the firm has already backed 17–18 startups through the fund, with an average ticket size of INR 10–15 Cr each. As of now, the firm has about three more investments at various stages of completion in the pipeline. Of the total corpus, around 20–25% (roughly INR 250 Cr) will be deployed towards initial portfolio creation, while the remaining capital has been earmarked for follow-on rounds. The fund has already enabled it to participate in select follow-on investments, taking the overall portfolio valuation to over $1 Bn. Recent follow-on investments include Netrasemi’s INR 107 Cr Series A round, where the firm claims to have seen a 7X jump on its initial investment, and Aurassure’s INR 25 Cr funding round. Unicorn India Ventures’ third fund marks a pivot towards…  ​Read MoreInc42 Media