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Indian startups raise over $138 million this week

Indian startups raise over $138 million this week

Sat, Nov 09, 2024

The Indian startup ecosystem raised more than $138 million this week which includes three growth-stage funding and 20 early-stage deals. At least 25 domestic startups raised nearly $138.7 million in funding.

Seeds Fincap raises USD 8.5 million from Lok, Matrix

Seeds Fincap raises USD 8.5 million from Lok, Matrix

Wed, Jul 17, 2024

The small businesses-focused lender will be using the funds to expand lending capabilities, enhance technological infrastructure, and broaden branch footprint, as per an official statement.

Optimo Loan raises $10 million from Blume Ventures, Omnivore

Optimo Loan raises $10 million from Blume Ventures, Omnivore

Wed, Mar 20, 2024

Optimo Loan on Wednesday announced that it raised $10 million in seed funding from venture capital firms Blume Ventures and Omnivore, with additional contribution from the company's founder, Prashant Pitti.

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MSMEs bank loans: This is how you can make access to money easier

MSMEs bank loans: This is how you can make access to money easier

Wed, Feb 19, 2020

Modi government foresees the MSMEs sector contributing up to $2 trillion as India eyes becoming a $5 trillion economy by 2024.

Fraud alert! Hyderabad man ends up paying Rs 50,000 for Biryani - How it happened

Fraud alert! Hyderabad man ends up paying Rs 50,000 for Biryani - How it happened

Mon, Feb 17, 2020

While food delivering platforms like Zomato and Swiggy have made our lives easier, hackers have taken advantage of innocent users and have exposed them to new kind of scams. The fraudsters are using new methods to rob people of their money.

Ola services go live in London, 25,000 drivers on board already

Ola services go live in London, 25,000 drivers on board already

Mon, Feb 10, 2020

Ride-hailing platform Ola went live in London on Monday morning and over 25,000 drivers have already come onboard the platform. The platform is fully operational with three categories: Comfort, Comfort XL and Exec ride classes.

MSMEs can complain if banks deny loan without reason: FM Sitharaman

MSMEs can complain if banks deny loan without reason: FM Sitharaman

Sat, Feb 08, 2020

Finance Minister Nirmala Sitharaman on Saturday told micro, small and medium enterprises (MSMEs) to make a complaint if banks deny loans without reason.

Big Paytm boost for small business! Launches All-in-One Android POS

Big Paytm boost for small business! Launches All-in-One Android POS

Tue, Feb 04, 2020

Paytm Alert: India's largest payments platform Paytm today announced the launch of All-in-One Android POS device for merchant partners across the country.

PhonePe users can now request and confirm money transfer; no need for any other app

PhonePe users can now request and confirm money transfer; no need for any other app

Mon, Feb 03, 2020

One of the leading digital payments platform in India, PhonePe has made the life of its users easier by introducing a new feature. The platform on Monday announced that it has introduced a new chat feature to its app which will allow PhonePe users to connect on the app itself.

Budget 2020: Startups welcome delayed ESOPs, experts say decision to help will lend greater flexibility

Budget 2020: Startups welcome delayed ESOPs, experts say decision to help will lend greater flexibility

Sat, Feb 01, 2020

Budget 2020: One of the biggest announcements from Finance Minister Nirmala Sitharaman in Union Budget 2020 came in the form of five-year tax holiday on employees' stock ownership plan (ESOPs) for start-ups, a move that has been welcomed by both startups themselves as well as experts.

Budget 2020 with Zee: Top 5 expectations that MSMEs want FM Nirmala Sitharaman to deliver on

Budget 2020 with Zee: Top 5 expectations that MSMEs want FM Nirmala Sitharaman to deliver on

Fri, Jan 31, 2020

Budget 2020 with Zee: MSMEs are also looking at Sotharaman with great hope as she is expected to make some big announcement for job creation.

Diesel at doorstep! This app set to make your life easier, supply fuel at home

Diesel at doorstep! This app set to make your life easier, supply fuel at home

Wed, Jan 22, 2020

A Delhi based start-up company has launched a mobile APP based diesel delivery system at doorstep 'Fuel Humsafar' for Housing societies, hotels, hospitals, malls and other bulk buyers in the National Capital Region (NCR).

Budget 2020 Expectations: 'Gifts' SMEs, MSMEs want from FM Nirmala Sitharaman on February 1

Budget 2020 Expectations: 'Gifts' SMEs, MSMEs want from FM Nirmala Sitharaman on February 1

Wed, Jan 22, 2020

Budget 2020: SMEs, MSMEs have want FM Nirmala Sitharaman to take steps that would ensure higher consumption, better ease of doing business environment and a rise in credit flow.

'Together is Better': Zomato acquires Uber's food delivery business for Rs 2,485 cr

'Together is Better': Zomato acquires Uber's food delivery business for Rs 2,485 cr

Tue, Jan 21, 2020

Zomato has acquired Uber’s food delivery business — Uber Eats — in India for around $350 million (about Rs 2,485 crore).

Budget 2020 Expectations: Technology startups' wishlist from Nirmala Sitharaman

Budget 2020 Expectations: Technology startups' wishlist from Nirmala Sitharaman

Sat, Jan 18, 2020

Budget 2020 Expectations: Tech startups have demanded from Nirmala Sitharaman to bring in significant investments in the technology hubs.

Budget 2020: Fintech startups expect lower corporate tax rates, more transparency

Budget 2020: Fintech startups expect lower corporate tax rates, more transparency

Thu, Jan 16, 2020

Budget 2020: When the Finance Minister Nirmala Sitharaman will present the Union Budget 2020 in Parliament on February 1, fintech startups would be hoping that the government maintains the already lowered corporate tax rate of 22% that has helped them scale up operations.

Budget 2019 expectations: What startups want from FM Nirmala Sitharaman

Budget 2019 expectations: What startups want from FM Nirmala Sitharaman

Wed, Jan 15, 2020

Budget 2019 expectations: Finance Minister Nirmala Sitharaman is set to present Union Budget 2020 on February 1, with the economic survey to be tabled a day before.

Indian startups sealed $12.7 billion in funding in 2019

Indian startups sealed $12.7 billion in funding in 2019

Wed, Jan 15, 2020

The Indian startups secured 12.7 billion in funding last year -- a 15 per cent growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

Budget 2020-21: Major relief for MSME sector, govt may announce Rs 5,000 crore distressed asset fund in Budget

Budget 2020-21: Major relief for MSME sector, govt may announce Rs 5,000 crore distressed asset fund in Budget

Wed, Jan 15, 2020

In a bid to give relief to the micro, small and medium enterprises or MSMEs facing liquidity crunch, the government is likely to announce a distressed asset fund of Rs 5,000 crore.

PayU to acquire PaySense for $185 mn, merge it with LazyPay

PayU to acquire PaySense for $185 mn, merge it with LazyPay

Sun, Jan 12, 2020

Fintech company PayU is set to acquire a controlling stake in PaySense and all its assets at a valuation of $185 million. It has also announced plans to merge its growing digital credit platforms LazyPay and PaySense.

This 94-year-old woman is Anand Mahindra's 'woman entrepreneur of the year'

This 94-year-old woman is Anand Mahindra's 'woman entrepreneur of the year'

Thu, Jan 09, 2020

When you think of 'entrepreneur of the year', names of executives of some leading mega-corporations, or even start-ups, would cross your mind. But, Mahindra Chairman Anand Mahindra believes that a 94-year-old woman from Chandigarh actually deserves the crown.

How this Ola driver aided an ailing old lady at 2 am, helped her reach hospital

How this Ola driver aided an ailing old lady at 2 am, helped her reach hospital

Mon, Dec 23, 2019

Cab drivers are often criticised for their rude behaviour towards passengers but what an Ola driver did in Patna, should set an example for others.

Big boost for small business! Drip Capital partners with BAA to bring alternative financing solutions for exporters

Big boost for small business! Drip Capital partners with BAA to bring alternative financing solutions for exporters

Thu, Dec 12, 2019

Drip Capital BAA partnership: Two organisations will partner to provide stakeholders from India’s export ecosystem with training in technology and invoice factoring.

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