Page 153 - Start Ups

Airbus inks contract with Bengaluru-based startup for talent acquisition

Traxof was a part of Airbus BizLabs startup acceleration programme Season 4

PhonePe's fundraising process hits roadblock over valuation mismatch

The Walmart-owned firm has been in talks with several large global investors, to raise up to $1.2 billion

An ex-Microsoft bigwig's mission: 10 million entrepreneurs by 2030

Ravi Venkatesan's initiative GAME aims to create 50 million jobs, half of which would be for women

Unfolding in India's smaller cities is the next wave of promising startups

Beyond the pages headlined by the Flipkarts, Olas and OYOs is a story of startups in India's smaller cities which are beginning to catch the attention of the world outside as also of investors

As valuation touches $8 bn, Byju's pips Ola as 3rd largest unicorn in India

EdTech firm valued at around $8 billion after Tiger Global's $200-million investment

Personal care startup Mamaearth raises Rs 130 cr led by Sequoia

The funds will also be used to launch more brands under the Honasa Consumer Pvt Ltd

The former Infosys engineer who is helping offline retailers go digital

ShopX co-founder Amit Sharma has built an app that's offered on an invite-only basis. His firm already has 50,000 customers, and aims to take that number up to 12 million

Reliance refers to start-up playbook to grow Jio into internet behemoth

Jio recently started JioMart, its much-talked-about e-commerce venture that is built on top of technologies absorbed from start-up acquisitions

India's start-up culture concentrated in a few states: RBI survey

The annual turnover for over one-fourth of the respondents was up to Rs 10 lakh, whereas around 20 per cent start-ups did not report any revenue generation

After metro, Bounce's scooters to be available at railway stations

The firm has won a competitive bid to provide its dockless scooter-sharing service at the railway stations in Karnataka making it the first such startups to win such a deal

Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held

Masayoshi Son-led SoftBank made massive investments in the Indian startups, biggest funding round

Sachin Bansal's Navi Technologies buys software consulting firm MavenHive

The new asset will bolster Navi's technology and product development capabilities

Start-up funding slows down in 2019 after a two-fold surge previous year

Major deals include $586 million by Tencent and others in Udaan this August, followed by $413 million by SoftBank Corp, Carlyle and Fosun Group in Delhivery

PayU pares losses by 28% at Rs 120 cr in FY19 on back of rising revenues

The firm reported a loss of Rs 148 core in FY18

Alibaba backs logistics startup XpressBees again, plans to invest $10 mn

XpressBees is allotting 9,317 Series D1 compulsorily convertible preference shares at a price equivalent to $1,073.306 each, to Alibaba

SoftBank invests $275 million in Lenskart; buys out some early investors

A large part of this investment will go towards building next generation technology and supply chain, said Peyush Bansal, Founder & CEO of Lenskart

Home Jiny, a one-stop app for all your household services and grocery needs

The app currently services 7,000 orders a month. Its aim is to service the same number of orders per day by June 2020, and to capture 20% of the wallet share in targeted societies in 18 months

The travel buff who started a slew of hostels for the backpacking crowd

Pallavi Agarwal's goStops has 13 hostel properties that offer a host of modern amenities at pocket-friendly prices for budget tourist

HomeLane raises $30 mn from Pidilite, others in series D financing

Evolvence, FJ Labs also participated in the interior design firm's series D round

As UPI gears up for global markets, Indian fintechs smell opportunity

Indian fintechs have already started getting enquires from other developing economies to customize UPI for them. Expect UPI launch by April 2020