Page 21 - Start Ups

India must innovate, not become tech colony of others: Amitabh Kant

It must build AI systems built on domestic datasets that don't have biases of the West, he says

Why Indian startups are stuck in delivery while China races ahead in deep tech

India's startups excel in food delivery and e-commerce, but lag behind China's in deep tech, AI, and EVs. As global rivals scale up, India faces key innovation hurdles

'Dukaandari hi karna hai?' Piyush Goyal urges startups to think bigger

Speaking at the Startup Mahakumbh, Union Minister Piyush Goyal questioned India's startup focus on food delivery over deep-tech innovation, sparking sharp backlash from industry leaders

India's deep-tech startups struggle with product-market fit: Investors

Speaking at the second edition of Startup Mahakumbh on Thursday, investors emphasised that while the country's startup ecosystem is buzzing with momentum

Credit card fintech Scapia raises $40 million in Series B funding round

The company plans to enhance its product offerings, strengthen its team, and accelerate its growth plans

Thai hospitality chain Dusit re-enters India, to focus on Tier-II, III mkts

To work on asset-light model, open to investments in metro cities

Shift focus from grocery delivery to high-tech sectors: Goyal to startups

The minister said the new startups should focus on preparing the nation for the future

Pratilipi raises $20 million to expand Indian language storytelling

The company expects this to be its final primary funding round ahead of a potential public listing

Indian start-ups raised $1.23 bn venture debt in 2024: Stride Ventures

The global venture debt market has been growing at a CAGR of 14 per cent

FurtherAI secures $5 mn in funding to develop specialised AI for insurance

Purpose-built for the insurance industry, FurtherAI's AI automates complex document processing

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India

Panasonic expands startup partnerships to adopt new tech in its products

Panasonic aims to co-create scalable solutions, integrating startup innovations into its product line-up to lead the next wave of intelligent living, according to the company chief innovation officer

Gruhas leads Rs 12.5 crore investment in content commerce startup LehLah

LehLah operates as a creator-driven platform that allows influencers to monetise their content through curated product recommendations

Ather Energy to Zepto: More than 20 startups prepare for IPOs in 2025

Companies increasingly prefer to make India their base, driven by strong liquidity, a booming digital economy and global investor interest in the country

India's VC funding surges 40% in early 2025, defying global slowdown

Deal volume also increased 11 per cent during the same period, underscoring growing investor confidence in the country's innovation-driven startup ecosystem

NCLT orders status quo on shareholding of Aakash Educational Services

This was on a plea by the resolution professional of the parent company of Byju's, Think and Learn Pvt Ltd

NCLT orders status quo on shareholding of Aakash Educational Services

This was on a plea by the resolution professional of the parent company of Byju's, Think and Learn Pvt Ltd.

Meesho's logistics arm Valmo handles 50% of orders, doubling from last year

In just one year, the company's logistics arm has expanded to approximately 15,000 pin codes, supported by 6,000 logistics partners and creating 85,000 jobs as of December 2024.

Nexthop AI launches with $110 mn in funding led by Lightspeed Venture

The network has historically played a critical role in underpinning each wave of technology innovation, including mainframe to PC, client-server to cloud, and now the AI wave

Qcom player Zepto plans to raise $200-250 million ahead of IPO listing

The move is to increase the shareholding of domestic investors before the company goes for a listing this year