Startups

The meeting saw the participation of more than 70 AIFs, with discussions focused on capital mobilisation and promoting funding for startups in smaller cities

Lenskart's revenue from operations rose by 43 per cent to Rs 5,427.7 crore in FY24, and due to cost-effective management, it controlled its losses by 84 per cent

Edtech platforms, which experienced unprecedented growth during the pandemic-induced lockdown, are now grappling with a funding slowdown

India is on track to become an $8 trillion economy in 10 years and this will translate into growth in public markets, say Barath Shankar Subramanian and Abhinav Chaturvedi, Partners at venture capital

The ed-tech sector, however, was once referred to as the poster child of the country's startup landscape

At present, CoinSwitch has a base of over 20 million users. The programme aims to target about 4 million users of the WazirX platform

One of the opportunities identified by Accel under the consumer theme is 'Bharat', where startups cater to the top 30 per cent of households in India's Tier-2+ regions

Other key investors in the round include Zerodha co-founder Nikhil Kamath, film actor Suniel Shetty, industrialist Vinod Duggar and key investor Manish Patel

Mindgrove's system-on-chips (SoCS) are built to be power-efficient and cost-effective for use in Internet of Things (IoT), vision and automobiles

Technology startups raised $11.3 billion, a six per cent increase from $10.7 billion raised in 2023

Downstream sector uses space data for practical applications; is projected to be worth $610 bn by 2031

Tamil Nadu has achieved a milestone by registering over 10,000 startups with the Department for Promotion of Industry and Internal Trade (DPIIT), under the Union Ministry of Commerce and Industry, the state government said on Sunday StartupTN has played a crucial role in nurturing the ecosystem by implementing various schemes and initiatives like funding programmes, mentorship opportunities and incubation support, StartupTN Mission Director and CEO Shivaraja Ramanathan said. The state's startup ecosystem has been 'thriving' with 9 regional hubs and a metro hub in Chennai, providing a robust infrastructure for budding entrepreneurs to grow, he said. "Tamil Nadu has achieved a remarkable milestone of 10,000 DPIIT registered startups, a significant jump from 2,300 in March 2021. This exponential growth can be attributed to the revival of StartupTN under the leadership of Chief Minister M K Stalin focusing on supporting startups and fostering innovation," Ramanathan said in a social med

Mumbai unicorns saw a net decrease of 7,024 employees. Pune and Hyderabad too recorded a decrease in their overall workforce numbers

Exotel's expansion into high-growth markets like Saudi Arabia, UAE, and the USA is driving new revenue streams and the company said it is poised for strong growth in FY25

Company plans to use the funding to expand its operations, hire talent, and for brand building

Available by invitation only, Swiggy One BLCK is offered at a launch price of Rs 299 for a three-month plan

The draft Digital Competition Bill has proposed ex-ante (preventative) regulations requiring digital companies to notify the CCI that they fulfil the criteria to qualify as SSDEs

Spacetech startups are leveraging small satellites, cost-effective launch solutions, and the use of AI to introduce affordable technology that has a wide range of applications

The firm said this milestone cements Stride Ventures' leadership as the first Indian fund in this segment to achieve this scale. It has also launched $300 mn Fund IV