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Indian Startup

Space startup XDLINX raises $7 million in seed funding

Space startup XDLINX raises $7 million in seed funding

Mon, Oct 07, 2024

The company's first major milestone came with the successful launch of JANUS-1, a software-defined 6U Nanosat to demonstrate multi-tenancy payload capabilities, onboard ISRO's SSLV-D2 rocket in February last year.

With 135 unicorns, over 1.4 lakh startups India created third-best ecosystem: Amitabh Kant

With 135 unicorns, over 1.4 lakh startups India created third-best ecosystem: Amitabh Kant

Wed, Aug 14, 2024

Amitabh Kant, former CEO of NITI Aayog, highlights India's emergence as the third-best startup ecosystem globally, with 135 unicorns and over 140,000 startups. In an interview with ANI, Kant praised the removal of Angel Tax and emphasized the need for domestic investment to sustain growth. He also discussed India's ambitions to become a global economic powerhouse by 2047 and the role of initiatives like the Production Linked Incentive (PLI) scheme.

77% Indian startups now invest in AI, small cities brimming with tech skill pool

77% Indian startups now invest in AI, small cities brimming with tech skill pool

Thu, Jul 18, 2024

The trend underscores the rapid technological adoption and innovation across the Indian startup ecosystem, now ranked third globally, following the US and China, according to the report by SAP India, in collaboration with Dun & Bradstreet.

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Indian PSUs embrace digital solutions creating opportunities for industry 5.0 startups: Accel Partner

Indian PSUs embrace digital solutions creating opportunities for industry 5.0 startups: Accel Partner

Wed, Jul 10, 2024

In the realm of enterprise software, particularly within manufacturing and industrial sectors, Indian startups find themselves on the cusp of "significant opportunities", according to Subramanian.

Startup Infra.Market raises $50 million from MARS unicorn fund to expand business

Startup Infra.Market raises $50 million from MARS unicorn fund to expand business

Tue, May 28, 2024

The fund had previously invested USD 50 million in Infra.Market in 2022.Founded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.

Innovative Job Pitch Wins Founder's Heart; Candidate offers Rs 41,000, takes 7-day challenge

Innovative Job Pitch Wins Founder's Heart; Candidate offers Rs 41,000, takes 7-day challenge

Mon, May 06, 2024

The founder of Wingify, a software company established in 2009 by Paras Chopra, shared the applicant's audacious proposal on social media, highlighting its ingenuity. The applicant's pitch not only showcased a desire to work at Wingify but also presented a novel idea along with a willingness to back it up financially. The founder, impressed by the boldness and conviction displayed, couldn’t help but commend the pitch's creativity.

"Report on Indian Startups: know Why Has BYJU'S Valuation Decreased?"

"Report on Indian Startups: know Why Has BYJU'S Valuation Decreased?"

Tue, Aug 29, 2023

Report on startup companies, BYJUS's valuation halved, Swiggy's valuation increased after two consecutive reductions, Barron Capital's 0.7% stake in Swiggy, know full details in this video..

Swiggy's food delivery business turns profitable, says CEO

Swiggy's food delivery business turns profitable, says CEO

Thu, May 18, 2023

The company CEO noted that when Swiggy started off in 2014, with food delivery its first foray and core offering, on-demand food delivery experience was new and broken and many viewed it as an unviable business model.

Deeptech startup Uravu gets $2.3 million funding from JITO, others

Deeptech startup Uravu gets $2.3 million funding from JITO, others

Fri, Mar 24, 2023

Uravu Labs was started in 2020 by Pardeep Garg, Swapnil Shrivastav, Venkatesh RY, and Govinda Balaji. The company has created a renewable water technology that uses the moisture in the air to create drinking water of the highest calibre.

PhonePe receives $200 million in additional funding from Walmart

PhonePe receives $200 million in additional funding from Walmart

Fri, Mar 17, 2023

PhonePe expects to raise further funding which will be announced in due course. The company has received $350 million from General Atlantic and $100 million from Tiger Global Management, Ribbit Capital and TVS Capital since January 2023.

Silicon Valley Bank Case: MoS IT Rajeev Chandrasekhar asks startups to explore ways to use the Indian banking system

Silicon Valley Bank Case: MoS IT Rajeev Chandrasekhar asks startups to explore ways to use the Indian banking system

Tue, Mar 14, 2023

In Tuesday's meeting, the MoS said that the government is exploring new avenues to support entrepreneurs. And added that the government will work with banks and stakeholders to encourage the development of innovative credit products. The step is poised to provide startups and VCs with more financing options.

B2B fintech startup Zaggle raises Rs 50 crore debt funding

B2B fintech startup Zaggle raises Rs 50 crore debt funding

Fri, Mar 10, 2023

The investment was made by purchasing debentures through the performing credit fund of VAM and it will be amortised over the following 40 months, with interest paid quarterly.

Homegrown startup Yes Madam exposes customer's sensitive data: Report

Homegrown startup Yes Madam exposes customer's sensitive data: Report

Wed, Mar 08, 2023

Yes Madam is a Home Salon and a tech-enabled platform for beauty and wellness that brings salon and spa services to customers` homes. It operates in more than 30 cities in the country, according to the company`s website.

India now has nearly 27K active tech startups, adds 1,300 last year

India now has nearly 27K active tech startups, adds 1,300 last year

Wed, Feb 15, 2023

Tech startups are expected to continue increasing innovation and deep-tech adoption, particularly in areas related to SDGs (Sustainable Development Goals) that require complex solutions.

National Startup Day 2023: Quotes, wishes - All you need to know

National Startup Day 2023: Quotes, wishes - All you need to know

Mon, Jan 16, 2023

National Startup Day 2023: Startup Day aims to engage startup ecosystem stakeholders across to spur the spirit of entrepreneurship and innovation in India.

Start-up ST Advanced Composites aims big after UAE space agency deal

Start-up ST Advanced Composites aims big after UAE space agency deal

Fri, Dec 30, 2022

Aerospace and defence parts start-up ST Advanced Composites which supplied the necessary structural components for the manufacture of satellites for a UAE-based space agency aims to tap the market potential in this sector, a top official has said.

MeitY, Google to help 100 Indian startups scale their app biz

MeitY, Google to help 100 Indian startups scale their app biz

Thu, Dec 15, 2022

MeitY Startup Hub and Google will also launch a multi-city roadshow aiming to engage over 1,000 startups across emerging hubs like Surat, Indore, Coimbatore, Gangtok and Jaipur.

Government recognises 84,102 entities as startups as on November 30

Government recognises 84,102 entities as startups as on November 30

Thu, Dec 08, 2022

Under this initiative, entities are recognized as startups by the Department for Promotion of Industry and Internal Trade (DPIIT).

Indian startup 'Kheyti' winner of 1 million-pound Earthshot Prize

Indian startup 'Kheyti' winner of 1 million-pound Earthshot Prize

Sat, Dec 03, 2022

Kheyti's Greenhouse-in-a-Box is designed for small-hold farmers and the crops they grow, offering shelter from unpredictable elements and destructive pests.

Startup Celcius Logistics launches hyper-local temperature-controlled delivery services in 9 cities

Startup Celcius Logistics launches hyper-local temperature-controlled delivery services in 9 cities

Thu, Dec 01, 2022

The startup has currently tied up with Zomato and is the partner of choice for temperature-controlled deliveries for their intercity orders.

Amid headwinds, pockets of opportunities for funding innovative, disruptive startups remain: Experts

Amid headwinds, pockets of opportunities for funding innovative, disruptive startups remain: Experts

Mon, Nov 14, 2022

Early-stage funds will keep a watchful eye on key metrics like path-to-profitability, team and governance, cash flow cycles, and debtor days and guard against over-dependence of ventures on a single client when making investment decisions, experts said while speaking at an investor panel during TiECON Pune 2022 'Future Achievers Conclave'.

Kerala govt to reimburse tech license cost to startups

Kerala govt to reimburse tech license cost to startups

Mon, Nov 07, 2022

KSUM CEO, Anoop Ambika, said this scheme will help startups in the State to gain greater access to know-how required for turning their ideas into marketable products.

SabPaisa receives RBI nod for Payment Aggregator license

SabPaisa receives RBI nod for Payment Aggregator license

Thu, Nov 03, 2022

SabPaisa is filling the innovation gap through its payment gateway and allied products such as Payouts, and Subscription to provide turnkey solutions for its merchants.

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