Page 25 - Start Ups

Focusing to scale up business sustainably, says Ather CEO Tarun Mehta

Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India

Neobanking startup Zolve secures $251 million funding in equity, debt mix

The company has about 750,000 users and was launched in 2021

Edtech firm Simplilearn plans to relaunch fresher upskilling vertical

The Blackstone-backed firm had shut down its study abroad and fresher upskilling verticals in 2024 as they failed to generate the expected outcomes

Funds under PRIP scheme likely to be sanctioned by August 2025: DoP

The department had last week sought expressions of interest from interested entities for project funding under the PRIP scheme

Family offices, corporate venture capitals clinch a bigger deal slice

These two segments, however, focused on deals under $10 million, which accounted for 60-70 per cent of total deals in 2024

Aakash Educational plans to invest up to Rs 1,000 crore in AI, digital push

New Delhi-based education provider, which started in 1988, is now ramping up its presence in smaller Indian towns, betting on the growing demand for quality coaching in Tier 3 and Tier 4 cities

Swish secures $14 mn in Series A funding from Hara Global and Accel

This funding will support Swish's expansion across Bengaluru, with plans to extend its quick food delivery model to more pincodes in the coming month

Women-led tech startups' funding drops 25% in 2024, says Tracxn report

India ranks third globally after US and UK in funding raised by women-led tech startups

Women-led technology startups struggle to overcome funding winter

Women VCs, including Jahagirdar and Chaturvedi, believe that more women investors can make the fundraising process less intimidating for women founders

Razorpay enters Singapore, its 2nd international foray after Malaysia

The expansion into Singapore comes on the back of the company's focus on the South East Asian market

Women entrepreneurs face uphill task in startup world amid funding winter

Even as the entrepreneurial ecosystem continues to grow, the number of startups with at least one woman founder has been on the decline since at least 2020

Fintech dominates India's startup funding this year, shows Tracxn data

In terms of deal volume, consumer startups saw the highest number of funding rounds (92), ahead of high-tech (70) and retail (61)

Former Kissht founders launch debt resolution platform, secure $3.5 mn

Rezolv claims to simplify collections by centralising data and optimising workflows. It utilises AI analytics to improve recovery rates

Indian startups raise $1.65 bn in February, median valuation at $83.2 mn

The February figure marks a 19.5 per cent uptick from $1.38 billion in total funding in January 2025

US court finds Riju Ravindran, Camshaft, Think & Learn guilty of fraud

Think & Learn Pvt Ltd (Byju's) unlawfully orchestrated and benefited from a fraudulent scheme. Sham hedge fund Camshaft Capital facilitated the fraudulent scheme to defraud term loan lenders

Agri water technology startups need Rs 500-600 crore investment: Report

India has between 70-100 active AgWaterTech startups, but many risk closure due to investment hurdles, according to the report

CtrlS Datacenters mulls IPO, eyes over Rs 9,000 crore investment in Chennai

Company scouts for fresh land in Chennai for bigger centre; mulls IPO

Flipkart-backed super.money acquires checkout financing platform BharatX

The company plans to introduce checkout financing for direct-to-consumer (D2C) and e-commerce brands

Honeywell, AM Green sign MoU to advance carbon capture, SAF in India

The feasibility study is expected to conclude by mid-2025, marking a critical step towards achieving large-scale decarbonisation

Geniemode raises over $50 million in Series C round led by Multiples

The investment is aimed at fuelling its global expansion and enhancing its technology-driven supply chain solutions, the company said