Page 29 - Start Ups

Atlys' Mohak Nahta launches Skylane to modernise government visa systems

Through its innovative technology including 24/7 SkyPods, Skylane aims to process over 100 million visas in the next five years, making global mobility seamless for travellers everywhere

Fintech firm Ambak raises $7 million in seed and pre-series A round

The company plans to expand its operations across 35 cities and aims to cater to over 1 lakh customers in the financial year 2025-26 (FY26)

Whizzo raises $4.2 mn from Lightspeed to transform textile manufacturing

The investment will advance Whizzo's materials science R&D, establish a cutting-edge design lab for fashion textiles, and boost its supply chain across India, Vietnam, China, Bangladesh, and Indonesia

Atomicwork raises $25 mn to transform enterprise IT with Agentic AI

The Series A funding will fuel the scaling of enterprise AI agents, expand go-to-market (GTM) efforts, and enhance platform integrations for seamless scalability

Astrome Tech raises $10 mn to accelerate wireless connectivity innovation

The company seeks to transform the communication landscape with advanced solutions for both ground and space-based networks

The push and pull factors behind leadership exits in Indian startups

India produced just six new unicorns in 2024, a steep drop from 24 in 2022. Despite total startup funding rising to $11.4 billion in 2024 from $10.9 billion in 2023

Nagpur startup ErlySign develops 15-minute saliva test for oral cancer

With an estimated 1.5 lakh cases of oral cancer diagnosed annually in India and a high mortality rate due to late detection, ErlySign claims that its test has the potential to reduce healthcare burden

Slice to rebrand as Slice Small Finance Bank after North East SFB merger

The merged entity has received a no-objection certificate from the Reserve Bank of India (RBI) for the rebranding exercise

Ola and Uber respond to CCPA notice, deny claims of fare disparity

On Thursday, the CCPA issued notices to Ola and Uber for allegedly charging different prices for identical routes based on the mobile phone operating systems (Android or iOS) of users

Ed-tech firm upGrad to build Institute of AI Excellence in Maharashtra

Under the 'Educity' initiative of Maharashtra, upGrad will also establish an Urban University and Campus Hubs in partnership with three global universities -

GalaxEye achieves breakthrough with first fusion of SAR and optical imagery

This first-of-its-kind integration of SAR and optical imagery addresses critical needs across sectors, including defence, agriculture, and disaster response

Zepto launches women-only dark store in Madambakkam area of Chennai

This initiative ensures that every order placed in the region is managed entirely by an all-women team, from picking to packing

Sanlayan Tech buys Dexcel Elec to boost defence, aerospace innovation

Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO's Chandrayaan-3 and Aditya-L1 missions

VuNet Systems secures Rs 60 crore in Series B to drive global expansion

VuNet's observability solution, built using big data and machine learning, helps to monitor business journeys and improve payment experience of users

AI, autonomous robotics firm Ati Motors raises $20 mn in Series B funding

In 2023, the Bangalore-based startup raised $10.85 million in a Series A funding round. This latest investment brings Ati Motors' total funding to over $37 million

US' Stargate: Will India be able to tap into a $500 billion opportunity?

Some industry leaders highlighted that it is time for the Indian government to get its act together on building AI infrastructure in the country

Budget 2025: Ed-tech sector seeks tax relief, funds for AI-driven education

The ed-tech sector is hoping for more AI adoption through tax reductions, specifically targeting AI-first ed-tech businesses, startups, and MSMEs

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