Page 28 - Start Ups

Captain Fresh seeks to disrupt $450 bn seafood market with technology

Following a strong financial performance, Captain Fresh is gearing up for its initial public offering (IPO) by the end of this year and is targeting revenue of $2 billion over the next two years

Fintech Skydo receives in-principle approval to operate as PA-CB entity

About 11 existing cross-border payment companies can operate as PA-CB with their applications under process, according to the RBI website

'Need to question PAs' intention of moving away from third-party routers'

Bengaluru-based Juspay, which has close to 500 large and enterprise merchants, expects a 'vast majority' of its merchants to stay with the firm without severing ties

Quick-service app Snabbit raises $5.5 million led by Elevation Capital

Snabbit aims to simplify urban living by connecting households with trusted and trained professionals for everyday home tasks

DPIIT joins hands with Apna to boost startup hiring, job creation

The partnership aims to address hiring challenges and create job opportunities for young individuals while strengthening the startup ecosystem

Urja Mobility launches B2C battery leasing programme in 10 cities

The initiative "Smart Opex Model" provides drivers access to Lithium-Ion batteries, which offer longer life cycles, minimal maintenance, and enhanced thermal performance

Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal

The firm said the acquisition is a strategy to enforce stricter standards and an industry-first model code of customer acquisition

Nuclear power startup CCTE wants to harness India's untapped deposits

CCTE seeking approvals for its fuel technology, which pairs the radioactive metal with enriched uranium and can be used in India's locally-made reactors

WazirX freezes $3 million in USDT nearly 7 months after cyberattack

This comes nearly seven months after an alleged security breach led to the loss of over $230 million worth of VDAs -about 45 per cent of the total crypto assets on the platform

Netradyne secures $90 million in Series D funding to expand footprint

The capital infusion will accelerate the company's growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion

Blinkit, Instamart, Zepto witness sharp GOV surge in quick commerce

The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been faster than their food delivery business

Piyush Goyal assures 'excellent' support for startups in growth push

On average, startups are receiving about $ 15 billion of funds every year and in a good year, it can go up to $ 22-25 billion, he said at the celebration event of nine years of Startup India here

Qcom player Zepto's annualised GOV trebles in 8 months to $3 billion

GOV represents the total value of all orders placed before any deductions for returns, cancellations, or discounts

From 500 to over 159,000 and counting: Nine years of Startup India

As the country celebrates the 9th edition of Startup India, the ecosystem now boasts over 1.59 lakh DPIIT recognised startups and 110 unicorns, making it the third-largest globally

Budget 2025: Tax sops, investments in new tech on Indian startups wishlist

Industry body Nasscom has also called for the Centre to set up a dedicated fund to enable early-stage investments into tech startups between Series A and B rounds of fundraising

Pixxel launches highest-resolution commercial hyperspectral satellites

The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1 am

Flying taxi startup secures $10 mn in Series A1 funding led by Accel

The funding will be used to scale operations, establish a research and development (R&D) centre, expand the workforce, and launch the company's flying taxi prototype

Velocity unveils Shipfast to enable faster commerce for D2C brands

Velocity said Shipfast has reimagined shipping workflows with its logistics partners to optimise for quicker deliveries

Accel, Binny Bansal, Majety back flying taxi venture Sarla Aviation

As urbanisation accelerates and traffic congestion worsens in Indian cities, Sarla envisions a future where Indians can bypass road-bound infrastructure and seamlessly live, work, and thrive

Over 2,000 startups in edtech sector shut shop in past five years

Edtech platforms, which witnessed unprecedented growth during the pandemic-induced lockdown, continue to face funding slowdown, shifting market needs, and operational challenges post-pandemic