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Start-up

Hero MotoCorp acquires extra 3% stake in Ather Energy for Rs 140 crore

Hero MotoCorp acquires extra 3% stake in Ather Energy for Rs 140 crore

Fri, Dec 15, 2023

Hero MotoCorp made the investment through the purchase of additional shares from existing shareholders of Ather Energy, according to regulatory filings.

OYO restarts self-operated hotels, targets 200 new properties

OYO restarts self-operated hotels, targets 200 new properties

Tue, Nov 28, 2023

Hospitality tech platform OYO said it has restarted self-operated hotels tagged as 'Managed by OYO' through the company's app and website and is seeking partnerships with real estate developers to identify properties for these hotels.

Kerala-based edtech firm Techmaghi receives Rs 20 lakh funding

Kerala-based edtech firm Techmaghi receives Rs 20 lakh funding

Sat, Oct 28, 2023

This funding will allow Techmaghi to make a more significant impact on cutting-edge education and skill development.

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Tenstorrent to partner Indian startups for building open source RISC-V based microprocessors

Tenstorrent to partner Indian startups for building open source RISC-V based microprocessors

Sun, Mar 26, 2023

Tenstorrent CEO Jim Keller told PTI that he is looking forward to real India projects to come out of the country's startups like building an entire data centre using RISC V services designed by local companies.

Startup failure gradually reducing in India; more awareness needed: STPI DG

Startup failure gradually reducing in India; more awareness needed: STPI DG

Sat, Mar 18, 2023

Arvind Kumar said awareness campaign is very much required amongst the youth about startups. “I go to a number of engineering colleges, they don't know anything about startups, they don't know about STPI, they don't know anything about what the country and government is doing,” he commented.

Indian startups with US operations may face Silicon Valley Bank crisis heat; know what experts say

Indian startups with US operations may face Silicon Valley Bank crisis heat; know what experts say

Sun, Mar 12, 2023

SVB was deeply-entrenched in the tech startup ecosystem and the default bank for many high-flying startups; its abrupt fall marked one of the largest bank failures since the 2008 global financial crisis.

Silicon Valley Bank collapse leaves Indian startups worried – here’s why

Silicon Valley Bank collapse leaves Indian startups worried – here’s why

Sat, Mar 11, 2023

SVB had exposure in at least 21 startups in India although it did not reveal the size of the investment in these startups, according to recent data by global software-as-a-service (SaaS)-based market intelligence platform Tracxn.

Unicorn proptech startup NoBroker raises $5 million from Google

Unicorn proptech startup NoBroker raises $5 million from Google

Wed, Mar 01, 2023

In November 2021, NoBroker.Com raised USD 210 million from investors, including General Atlantic and Tiger global to expand its business across 50 cities. The Series E funding round was led by General Atlantic, Tiger Global Management and Moore Strategic Ventures.

GoMechanic announces turnaround in core business in January

GoMechanic announces turnaround in core business in January

Sat, Feb 25, 2023

The company, which admitted to errors in financial reporting last month, said it serviced 30,000 vehicles last month, which is 70 per cent of the peak sales it achieved in July 2022.

Tips to be mindful of while starting entrepreneurial e-commerce journey

Tips to be mindful of while starting entrepreneurial e-commerce journey

Sun, Feb 12, 2023

Deepak Jain, founder, The Fragrance People, said that consumers completely altered their method of buying items during the lockdown, forcing companies to invest aggressively in digital marketing and other growth strategies.

Piyush Goyal calls for creation of network of mentors, investors, entrepreneurs to strengthen start-up ecosystem

Piyush Goyal calls for creation of network of mentors, investors, entrepreneurs to strengthen start-up ecosystem

Sat, Jan 28, 2023

Observing that innovation would be the strongest pillar that would help build a developed India in the 'Amritkaal', Goyal said innovation has been a catalytic force for the economy and social and public good.

Indian startups rejoice as Android ruling against Google upheld

Indian startups rejoice as Android ruling against Google upheld

Sat, Jan 21, 2023

CCI ordered Google in October to make a series of changes, such as refraining from agreements that ensure exclusivity of its search services and mandatory pre-installation of its apps.

India's startup economy stares at deepening funding winter in 2023

India's startup economy stares at deepening funding winter in 2023

Sat, Jan 07, 2023

Indian startups, which saw a massive 35 per cent drop in funding in 2022 -- from $37.2 billion in 2021 to $24.7 billion (till November) -- are bracing themselves for a deepening funding winter in 2023 as recession fears loom.

FuelBuddy enters lubes market in collaboration with HPCL

FuelBuddy enters lubes market in collaboration with HPCL

Tue, Dec 06, 2022

The startup said all its customers, including the existing one,s can now order lubricants through its app after which lubes will be physically delivered to the customer's doorstep through HPCL's authorised distributors, a release said.

Abu Dhabi seeks Indian investments, invites start-ups to establish hubs

Abu Dhabi seeks Indian investments, invites start-ups to establish hubs

Sun, Dec 04, 2022

Abdulla Abdul Aziz Alshamsi, Acting Director General of Abu Dhabi Investment Office (ADIO) told PTI that his office will facilitate all investment avenues for Indian companies and called this as a natural extension of the growing relations between India and the UAE.

Work to combat climate change and enhance millet production: FM Sitharaman urges startups

Work to combat climate change and enhance millet production: FM Sitharaman urges startups

Sun, Nov 27, 2022

Addressing a national level summit to promote startups, Sitharaman emphasised more on climate change and asked the startups to find a solution to combat it as that will have a bearing on the agriculture pattern in the country.

Every campus must become incubators for startups, promote innovation: Piyush Goyal to institutes

Every campus must become incubators for startups, promote innovation: Piyush Goyal to institutes

Sun, Nov 13, 2022

Goyal, who holds the commerce, consumer affairs and textiles portfolios, called for modernisation of campuses, equipment, testing labs and technologies to make them world class.

Cost-cutting measures: B2B unicorn startup Udaan fires around 300-350 employees

Cost-cutting measures: B2B unicorn startup Udaan fires around 300-350 employees

Sun, Nov 06, 2022

Few of the employees told PTI that they were intimated about the layoff on Friday morning and told that the human resource department will reach out to them for final paperwork.

Razorpay acquires startup PoshVine to foray into loyalty, rewards management market

Razorpay acquires startup PoshVine to foray into loyalty, rewards management market

Wed, Sep 28, 2022

Since 2016, PoshVine has been offering its loyalty-as-a-service product to over 20 banks and networks such as SBI Card, HDFC Bank, IDFC FIRST Bank, AU Bank, DBS, Visa and Amex across India and SEA (South East Asia).

Fund of Funds for startups committed Rs 7,385 crore to 88 AIFs as of Sep 24: Govt

Fund of Funds for startups committed Rs 7,385 crore to 88 AIFs as of Sep 24: Govt

Tue, Sep 27, 2022

FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and FY 2021-2025) through budgetary support by the Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry.

India's Rs 1,000-crore rich club grows, teen entrepreneur makes debut

India's Rs 1,000-crore rich club grows, teen entrepreneur makes debut

Thu, Sep 22, 2022

The latest rich list includes several promoters of startups, including those floated by women. According to the report, India has 221 billionaires, down 16 compared to last year.

StartupXseed Ventures closes Fund II at Rs 243 crore

StartupXseed Ventures closes Fund II at Rs 243 crore

Tue, Sep 20, 2022

StartupXseed is looking for startups with forward innovations in technologies related to cloud migration of brownfield projects, AI-led workflow automation, energy storage technologies for quick discharge applications, cybersecurity, AI-led e-commerce enablers and others disruptive technologies in respective markets.

Sequoia Capital pumps in $12 million more into data analytics startup Sigmoid

Sequoia Capital pumps in $12 million more into data analytics startup Sigmoid

Mon, Sep 19, 2022

Sigmoid helps its clients across industries accelerate their digital transformation with data as it builds reliable, scalable data pipelines and accelerators that empower organizations with faster access to business insights.

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