Page 104 - Start Ups

Why Indian drone startups are lagging behind in the fund-raising race

Industry players say that investors tend to shy away when the govt is the largest customer for a small company. But that is just the tip of the iceberg

Customer onboarding platform Rocketlane raises $18 mn in funding

The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to $21 million

Rocketlane raises $18 mn in series A round fund led by 8VC

Firm founded by ex-Freshworks executives; series A has been raised just 7 months after seed

Fintech platform Finsall raises Rs 12 cr in pre-series A funding

This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.

Logistics optimising platform MatchLog raises $3 mn in pre-series-A round

MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards

SaaS starup Trainn raises $700,000 in seed round led by Speciale Invest

With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.

NowPurchase raises $2.4 mn seed from Orios Venture, InfoEdge Ventures

Angel investor Neeraj Arora (ex-WhatsApp global business head & Co-Founder HalloApp) also participated in the round

Pet treat brand Dogsee Chew raises Rs 50 cr in Series-A funding round

Drugmaker Mankind Pharma and existing backer Sixth Sense Ventures participate; recipient is only company to offer 100% vegetarian dog treats

New startups given 2 yrs exemption from new reservation law: Haryana Dy CM

Short-term works, extending up to 45 days, will also be exempted from the Act, he said

MyCaptain raises $3 mn in Pre Series-A funding led by Ankur Capital

This funding will be utilised to further scale course offerings, acquire more users, and expand the team

1,000 biz owners to launch Paytm founder-backed social media Pepul on R-Day

Firm plans to raise Rs 200 cr by June for expansion

Startup Your-Space raises $10 million to grow student housing biz

Student housing startup Your-Space has raised $10 million (around Rs 75 crore) from a clutch of investors for the expansion and growth of its business

50 more startups with the potential to be unicorns in 2022: Report

India has 50 startups with the potential to achieve the coveted unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100

Agritech startup DeHaat acquires Helicrofter, to empower farmers

Agritech startup DeHaat on Monday said it has acquired Maharashtra-based B2B agri-input marketplace startup called Helicrofter, for an undisclosed sum

Hopscotch turns profitable, eyes Rs 1,000-crore yearly revenue

The company has claimed to have grown from Rs 100 crore to Rs 500 crore in the past 5 years

We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Founders and investors laud move to celebrate National Start-up Day on January 16 - but say that more needs to be done to help sector

Annual investments into startups increase to $36 bn: DPIIT Secretary

Investors are taking huge interest in the country's startup ecosystem and in the last one year, annual fundings into startups have increased from $11 billion to $36 billion

This decade is being called as 'techade' of India: PM Modi at startup meet

In an interaction with startups, Prime Minister Narendra Modi on Saturday said that this decade is being called as 'techade' of India

PM Modi to interact with start-ups via video conferencing on Saturday

The event marks the 6th anniversary of the launch of the Startup India initiative