Page 32 - Start Ups

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

At $1.9 billion, Fintech funding declines for third year in a row

The sector raised a high of $8.3 billion in 2021 across 665 funding rounds

With IPO hopes high, AIFs inclining towards late-stage startups: Report

Of the total investments by value, 39 per cent in FY24 went into late-stage startups, compared to only 18 per cent in FY14

New Shop looks to raise $25 million to accelerate store expansion

New Shop recently agreed to acquire 24Seven stores as part of an asset transfer deal

TN thrives on AI in makeover to tech-driven economy, beat other states

Last week, the Government of Tamil Nadu announced the setting up of a 2 million square foot facility for AI in Coimbatore under the public-private partnership mode

Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO

Zepto will not require a no-objection-certificate (NOC) from the Reserve Bank of India, the order read