IYK, a NewYork based digital startup raised US $ 16.3 million in seed funding to revolutionise fashion with NFTs. The funds fortify NFT infrastructure and launch the user-friendly IYK platform.

Yaysay, an AI-driven shopping app received US $ 10.3 million funding for its gamified shopping experience. Co-founded by industry veterans, it aims to revolutionize off-price shopping with daily deals and cut down excess retail inventory.

Louis Vuitton embraces Web3 by landing on Discord. The Louis Vuitton Discord server will foster connections with NFT holders and online communities. It invites fashion and tech enthusiasts, expanding its reach and NFT engagement.

Flipkart Ventures supports five startups through FLA program, enhancing Gen AI, ML Solutions digital escrow banking and circular economy.

Coloreel, the Swedish embroidery innovator, seals a monumental US $ 2 million deal with a prominent Asian manufacturer, signaling a leap in sustainable fashion production with its revolutionary technology.

E-commerce giant Amazon said it will invest up to US $ 4 billion in artificial intelligence firm Anthropic and take a minority ownership position in the company.