Page 28 - Start Ups

Make OpenAI affordable for developers: Top Indian startup chiefs to Altman

The importance of India to OpenAI was stated by Altman, when he said that India is the second largest market for OpenAI

Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%

Swiggy's food delivery business gross order value (GOV) grew 19.2 per cent Y-o-Y to Rs 7,436 crore

Flipkart's chief product and technology officer Venugopal steps down

Venugopal's exit follows a series of senior-level departures from the Walmart-owned company last year, which has been attributed to a larger organisational restructuring

Edtech company Great Learning launches AI Mentor and AI Teacher

Since its rollout across select cohorts of learners over the past few months, the AI Mentor has made a significant impact, with over 400,000 coding hints generated

Drone battery tech co Dreamfly Innovations raises $1.4 mn in seed funding

In a seed round, a startup raises funds to establish its business. The firm plans to use this fund to scale production capabilities, team expansion and research and development

Raising funds this year will be tough for VCs: Pavestone Capital

However, the firm is not looking to raise any more for at least 12 months, having just closed Rs 816 cr in fundraising, said Managing Partner Laxmikanth V

Budget 2025 slashes digital payments incentives: Is MDR on its way out?

With the Budgetary outlay for UPI transactions cut by 78 per cent, industry insiders wonder if transaction fees are likely to be introduced

Fintech firm Cashfree Payments raises $53 mn in fresh funding round

The company claims to process transactions worth $80 billion annually. It has a base of 8,00,000 merchants, including internet startups and enterprises

VC investors take leading role in guiding startups through AI disruption

From advising on strategic integrations to connecting with top-tier AI talent, VCs are offering more than just capital

HomeExchange to launch in India with the lowest membership cost globally

Will integrate 5,000 Indian homes to network with lowest membership cost worldwide

48% startups have at least one woman director: Economic Survey 2025

However, on the flip side, the reins of entrepreneurial ownership remain dominantly male-held

Budget: 5-year extension of incorporation deadline brings cheer to startups

In her 2025 Budget speech, FM Sitharaman announced an extension in the period of incorporation for startups by five years till April 1, 2030

Budget 2025: Shot in the arm for startups with Rs 10K cr new fund of Funds

The FM said that the initial FoF announced by the government with an investment of Rs 10,000 crore managed to catalyse commitments worth Rs 91,000 crore

Budget strengthens India's position as innovation powerhouse, say startups

Finance Minister Nirmala Sitharaman announced a new Fund of Funds Scheme (FFS) with a corpus of Rs 10,000 crore to promote the growth of budding entrepreneurs in the country

Good Glamm Group looks to raise Rs 250 crore amid financial challenges

Sources privy to the development said that the company is actively streamlining its operations to address various challenges

Seafood tech firm Captain Fresh raises Rs 250 cr in ongoing pre-IPO round

Prosus Ventures, Accel, and Tiger Global lead the round, backed by prominent domestic family offices

SuperOps secures $25 mn in Series to drive AI innovation, expand Globally

SuperOps also unveils Monica, a hyper-contextual AI super agent that empowers smarter, faster business decision-making

Zepto introduces instant returns, exchange feature for select products

Zepto has introduced an instant return and exchange option on its app for categories like electronics, apparel, toys, sports, and kitchenware

Zomato rolls out in-app 10-minute food delivery service, Zomato Quick

Rivaling Swiggy's Bolt service, food aggregator Zomato has also launched its 10-minute food delivery offering called Zomato Quick

Glas Trust, Aditya Birla Finance reinstated as lenders of edtech co Byju's

Both Glas Trust and Aditya Birla Finance were initially part of the CoC last year in August but were later removed from the reconstituted CoC by the IRP