Kazakh founders' AI startup's valuation jumps 4x in just 7 months, hits ₹51,000 cr

Kazakh founders' AI startup Higgsfield has raised $400 million (over ₹3,800 crore) in a Series B funding round led by DST Global, quadrupling its valuation to $5.4 billion (over ₹51,000 crore) in about seven months. The company develops AI-powered tools for creating and editing videos and images. The startup was previously valued at over $1.3 billion in January this year.