Page 20 - Start Ups

Pristyn Care opens 3 hospitals in NCR, targets 50 by FY28 public listing

Healthtech firm Pristyn Care moves from asset-light model to hospital ownership, aiming for 50 hospitals, Rs 2,000 crore revenue and 20% Ebitda by FY28 IPO

Celcius Logistics raises ₹250 cr in Series B to expand to 1,000 cities

With the latest round, Celcius aims to scale its tech-enabled cold chain logistics, enter new sectors, and enhance its presence in over 1,000 cities across India

Evera Cabs initiates repossession of BluSmart-operated 500 electric cabs

Already 220 vehicles have been acquired and the remaining 280 are set to be reclaimed in the coming days, Evera Cabs said in a statement

Proptech startup Alt DRX raises $2.7 million from investors to expand biz

In a statement on Monday, the company said it has "closed its Pre-Series A funding round, raising Rs 23 crore ($2.7 million)"

Fintech-focused VC firm QED Investors eyes India in $300 mn Asia push

After investing around $200 million in India since 2020, the VC firm is pushing deeper into Asia-now operating in Indonesia, Japan, and Singapore, and setting its sights on South Korea and Australia

Swiggy Bolt expands to 500 cities as Zomato shuts down 'Quick' service

Swiggy Bolt now handles one in every ten food orders on the platform, marking rapid expansion even as rival Zomato discontinues its instant delivery service 'Quick'

Expanding services in cybersecurity, Cloud computing, says Akamai exec

Data sovereignty and technology costs 'extremely critical' issues for Indian companies, says Mitesh Jain

Eternal shuts instant food-delivery service Quick; delists 19K restaurants

As for restaurants that have been delisted, they either did not pass hygiene standards, were mimicking established brands and misleading customers, or were operating multiple identical menu listings

Akzo Nobel grants extension for powder coatings demerger deal execution

Under the revised timeline, all terms and conditions of the original offer remain unchanged

Winzo FY24 results: Profit more than doubles to ₹315 cr; revenue up 70%

The gaming platform's revenue from operations grew 70.35 per cent from Rs 619.42 crore in FY23 to Rs 1,055.22 crore in FY24

Backing founders building from India for the world: Pearl Agarwal

The pre-seed venture firm is sharpening its investment strategy around emerging AI applications across enterprise software, automation, and industrial analytics

Househelp in 10 minutes? Q-com model to the rescue for domestic chores

The instant househelp service offers a way to formalisation in the sector, the second highest employer after agriculture, by providing skills, insurance, and guaranteed pay

HexaHealth closes Series A round of $12 mn to redefine India surgical care

Other participants included Enzia Ventures and ITI Growth Opportunities Fund, along with existing investors Chiratae Ventures and Omidyar Network India

Lighthouse invests ₹225 crore in premium occasion wear Kalki Fashion

Founded by Saurabh, Shishir, and Nishit Gupta, Kalki offers premium bridal, festive, and occasion wear for both men and women

Startup leaders meet Piyush Goyal to discuss innovation, ecosystem growth

Top founders pushed for reforms to attract global talent, boost deeptech, drive investment, steps to ease business operations-including the process of "flipping" companies back to India from overseas

Eka Mobility aims to manufacture 10,000 e-buses annually by FY27

According to Mehta, Eka plans to bring in a new product every six months across its commercial vehicle (CV) segments

Perfios strengthens portfolio with IHX, its third acquisition this year

Goswami explained that deal would tackle ecosystem-level challenges such as lack of real-time transparency, inefficiencies in claim processing and the rising cost burden in healthcare for customers

Ahead of listing, Ather Energy bullish on driving past rivals in e2W market

The electric scooter maker cited nine-month performance as proof of strength amid rising EV competition

Nextiva opens India centre to power AI, customer experience growth

Nextiva launches its biggest facility outside US in Bengaluru

Startups, MSMEs filed 310% more patents in past 5 years: Official

India's IPR policy has provided a comprehensive framework for IP creation, protection and commercialisation but continuous evaluation and updation are necessary