Page 30 - Start Ups

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

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