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Over 60% of sustainability startups call for increased govt support to boost funding in segment: Survey

Over 60% of sustainability startups call for increased govt support to boost funding in segment: Survey

Mon, Dec 02, 2024

According to the statement, startups from different segments such as clean tech, EV (electric vehicle), green hydrogen, solar power, eco-friendly brands, green startups, environment advisories, consultancies, climate change warriors, and green finance companies participated in the survey.

Zepto raises $350 million in domestic funding round

Zepto raises $350 million in domestic funding round

Fri, Nov 22, 2024

This "landmark funding" comes at a time when India's economy is accelerating its shift toward domestically driven growth, Zepto said.

Insurtech firm Zopper raises $25 million

Insurtech firm Zopper raises $25 million

Thu, Nov 21, 2024

The funds will also accelerate growth in the current bancassurance solutions and enhance the post-sales and servicing capabilities of the company's device and appliance protection businesses, Zopper said.

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Bakingo raises USD 16 million from Faering Capital

Bakingo raises USD 16 million from Faering Capital

Mon, Nov 13, 2023

Online bakery product seller Bakingo on Monday said it has raised its first-ever round of growth capital of USD 16 million (over Rs 130 crore) from private equity firm Faering Capital.

Jammu startup to launch 'Zool Energy' to replace fuel-based gensets

Jammu startup to launch 'Zool Energy' to replace fuel-based gensets

Wed, Nov 08, 2023

A Jammu-based startup has come up with an ideal solution to the use of fuel-based generator sets and inverters causing pollution and is set to launch a non-fuel-based 'Zool Energy' product run on solar, wind, and hydro support in Jammu this month.

Bike taxi startup Rapido to expand into the cab market

Bike taxi startup Rapido to expand into the cab market

Fri, Oct 27, 2023

Eight-year-old homegrown bike taxi startup Rapido is expanding into the cab market to rival Uber and Ola, media report said on Friday.

Fintech firm Groww's revenue surges 266% in FY23, turns profitable

Fintech firm Groww's revenue surges 266% in FY23, turns profitable

Wed, Oct 25, 2023

Bengaluru-based fintech startup Groww has turned profitable as it registered Rs 1,277 crore in revenue in FY23, a huge 266 per cent surge.

Nasscom selects 26 Indian startups to unlock generative AI potential

Nasscom selects 26 Indian startups to unlock generative AI potential

Thu, Oct 19, 2023

To empower domestic tech startups in the artificial intelligence (AI) domain, IT industry's apex body Nasscom on Thursday announced the selection of 26 startups for its inaugural 'Generative AI Foundry' programme.

US-based Invesco raises Swiggy's valuation to $7.8 billion

US-based Invesco raises Swiggy's valuation to $7.8 billion

Tue, Oct 17, 2023

In some cheers for Swiggy that is facing tough competition from Zomato, US-based investment company Invesco has increased the food delivery platform's valuation to about $7.85 billion, the media reported on Tuesday.

Aakash Chaudhry likely to return as CEO of Byju's-owned Aakash Educational Services

Aakash Chaudhry likely to return as CEO of Byju's-owned Aakash Educational Services

Tue, Oct 17, 2023

In some cheers for edtech unicorn Byju's which is facing a myriad of issues, Aakash Chaudhry is reportedly set to return as CEO of Aakash Educational Services that Byju's acquired in April 2021.

After 19-months delay, Byju's to finally file FY22 results this week

After 19-months delay, Byju's to finally file FY22 results this week

Tue, Oct 17, 2023

After a delay of more than 19 months, edtech major Byju's on Monday said it is expected to announce its financial results for FY22 by the end of this week.

SUN Mobility partners Bluwheelz to deploy over 16,000 EVs in 1 year

SUN Mobility partners Bluwheelz to deploy over 16,000 EVs in 1 year

Thu, Oct 12, 2023

Battery-swapping solutions provider SUN Mobility on Thursday said it has partnered with electric vehicle fleet operator Bluwheelz to deploy over 16,000 EVs in the next 12 months.

Hyperlocal e-commerce firm magicpin partners NCCF, ONDC to sell essential groceries at low price in Delhi-NCR

Hyperlocal e-commerce firm magicpin partners NCCF, ONDC to sell essential groceries at low price in Delhi-NCR

Fri, Sep 29, 2023

Hyperlocal e-commerce firm magicpin has partnered with government-backed NCCF to sell groceries, including onions and pulses, through the Open Network for Digital Commerce at low price, the company said on Friday.

128 startup founders urge TRAI not to impose telecom licensing on OTT platforms

128 startup founders urge TRAI not to impose telecom licensing on OTT platforms

Tue, Sep 26, 2023

At least 128 startup founders have urged the TRAI to rethink any move towards over-regulation of internet services being described as OTT services, which may have discriminatory consequences.

WeWork India rejigs senior leadership to boost market presence

WeWork India rejigs senior leadership to boost market presence

Tue, Sep 26, 2023

Flexible workspace provider WeWork India on Tuesday announced the appointment of two senior leaders to its executive leadership team.

Amazon to invest up to $4 billion in AI startup Anthropic in GenAI era

Amazon to invest up to $4 billion in AI startup Anthropic in GenAI era

Mon, Sep 25, 2023

Amazon on Monday said it will invest up to $4 billion in artificial intelligence (AI) startup Anthropic with a minority ownership position in the company, as competition grows in the growing generative AI market ruled by OpenAI's ChatGPT.

Razorpay acquires digital invoicing startup BillMe

Razorpay acquires digital invoicing startup BillMe

Wed, Sep 13, 2023

Fintech platform Razorpay on Tuesday said it has acquired Mumbai-based digital invoicing and customer engagement startup BillMe.

Hygiene and wellness brand Pee Safe raises $3 million led by Natco Pharma Ltd, Rainmatter Health

Tue, Sep 12, 2023

The round was led by pharmaceutical company Natco Pharma Ltd and Rainmatter Health, supported by Zerodha founders Nithin Kamath and Nikhil Kamath.

India-specific feature helps Uber clock 3.5 million trips & orders, rolls out globally

India-specific feature helps Uber clock 3.5 million trips & orders, rolls out globally

Mon, Sep 11, 2023

A feature deployed in India by local Uber teams to verify genuine users on its platform has helped the company add 3.5 million trips and orders this year to date, the ride-hailing platform said on Monday.

GalaxEye develops drone-based SAR

GalaxEye develops drone-based SAR

Tue, Aug 29, 2023

City based space sector start-up GalaxEye Space Solutions Pvt Ltd on Tuesday claimed it has developed a drone based synthetic aperture radar (SAR).

Edtech startup Exprto raises Rs 5 crore in seed funding from GSF, Angel List US, others

Edtech startup Exprto raises Rs 5 crore in seed funding from GSF, Angel List US, others

Sat, Jun 11, 2022

The latest round also saw participation from Agility Ventures, Lets Venture and Supermorpheus.

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