Page 33 - Start Ups

Ahead of listing, Ather Energy bullish on driving past rivals in e2W market

The electric scooter maker cited nine-month performance as proof of strength amid rising EV competition

Nextiva opens India centre to power AI, customer experience growth

Nextiva launches its biggest facility outside US in Bengaluru

Startups, MSMEs filed 310% more patents in past 5 years: Official

India's IPR policy has provided a comprehensive framework for IP creation, protection and commercialisation but continuous evaluation and updation are necessary

GreenGrahi raises ₹32 cr in a seed funding round led by Avaana Capital

The company also plans to expand its team and enter global markets, including the United States, United Kingdom, and the European Union

Nabard buys 10% stake in 24x7 Moneyworks to boost rural credit digitisation

This marks Nabard's first-ever investment in a bootstrapped startup, reinforcing its commitment to digital transformation in rural India, the apex rural credit institution said in a statement

Flipkart plans India IPO next year, targets up to $70 billion valuation

The Walmart-owned company has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing

Vayudh raises $10 million in funding round led by Dharana Capital

The funds will be used to deepen the company's research and development (R&D) capabilities, expand manufacturing infrastructure, and accelerate deployments with India's defence forces

Online gaming firm Zupee turns profitable in FY24, revenue up 35%

This marks a recovery from the Rs 36 crore loss the company posted the previous year (FY23)

Uniqus Consultech raises $20 mn in Series C funding, round led by Nexus

The round was led by Nexus Venture Partners, with participation from Sorin Investments. Both are existing investors in the company

IPO-bound Flipkart plans to shift holding company from Singapore to India

Speaking on the development, a Flipkart spokesperson on Monday night said the strategic decision reflects the company's deep and unwavering commitment to India and its remarkable growth

IntrCity SmartBus eyes Rs 1K cr turnover after posting strong FY25 growth

Targets to serve 1 million monthly travellers by 2027 and expand the network with 500 new SmartBus to join the fleet in the next 2 years

In the eye of the storm, one BluSmart co-founder finds overwhelming support

Unlike in the past where founders have been pulled up for their role in such cases, Goyal has been spared the criticism. As if he was unaware of what was happening at BluSmart

BluSmart users' wallet woes: 'Closed loop' model may pose refund issues

Blusmart may not earn any interest on funds in the escrow account that handles the wallet

PhonePe's Pincode app starts 24x7 medicine delivery in three cities

Pincode app is transforming the online pharmacy sector through exclusive partnerships with local medical shops, rather than utilising dark stores

We are building an internet supermarket chain: Zepto's Aadit Palicha

Zepto is currently present in 50 cities in the country and delivers an average of 1.5 million orders a day

BluSmart's shock exit leaves India's green mobility market up for grabs

According to data from brokerage firm Motilal Oswal published in January, Uber leads the country's cab-hailing market on average daily rides and monthly active users

Recognised startups spared Section 68 scrutiny, others under watch: CBDT

The clarification comes amid income-tax notices issued to startups for foreign funding routed via Singapore

BluSmart stops cab bookings: Wallet woes leave users in the lurch

Early investors who exited firm say they saw signs of chaos

Magma raises $5 million Series A led by Capria to scale B2B solutions

The company has been operationally profitable since inception and is currently growing at a Rs 250 crore revenue run rate

Tighter norms, rising compliance failures driving scrutiny for startups

Jaggi brothers case spotlights rising governance issues in startup ecosystem