Page 35 - Start Ups

GenAI startups see 3.4x funding surge in September quarter: Nasscom

In Q2 FY24, the total funds raised stood at $15 million across nine rounds, driven primarily by enterprise applications and Agentic AI

Co-living startup Truliv debuts in Bengaluru with nearly 1,000 beds

Adopting a cluster-based growth approach, Truliv plans to expand its operations by adding 1,500 more beds over the next 18 months, bringing its total to 2,500 beds

MakeMyTrip launches multi-currency payment options to boost inbound tourism

The new payment feature enables users to pay for flights and hotel bookings in major global currencies, including the US dollar, Euro, British pound, and more

Crypto or not: Industry to focus on user protection, licensing regime

A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder

Quick commerce major Zepto is India's most funded startup in 3 years

IPO-bound company has raised $1.35 billion in 2024

Insurtech firm Zopper raises $25 mn in to ramp up its digital infra

The funds will also accelerate growth in the firm's current bancassurance offerings and enhance its post sales and servicing capabilities for Zopper's device and appliance protection businesses

''From back-office sites, Indian GCCs becoming innovation hubs now''

India's global capability centres (GCCs) are projected to become a $100 billion industry by 2030, employing over 2.5 million professionals, according to industry data

AI is enabling startups across sectors in India: RTP Global's Nishit Garg

RTP Global's Nishit Garg discusses India's evolving startup ecosystem, AI's role as an enabler, and the firm's investment focus on climate, EV, SaaS, and fintech amid improving market conditions

Reliance-backed Addverb to launch next-gen humanoid robots in 2025

Founded in 2016, Addverb provides smart end-to-end robots for warehouses and industrial automation

Wardwizard partners with SpeedForce to boost Joy e-bike service, reach

SpeedForce, which operates in over 350 locations and services around 150 vehicles per outlet monthly, will now provide sales and service support for Joy e-bikes

The Good Glamm Group completes 100% acquisition of The Moms Co

This comes on the heels of the group's completion of its Sirona transaction and increases in shareholding in other portfolio brands Organic Harvest and Winkl

HealthKart raises $153 million from ChrysCapital, Motilal Oswal Alternates

HealthKart also announced an employee ESOP buyback worth Rs 55 crore, the company's first liquidity event

India's startup ecosystem sees rebound, late-stage deals take lead

Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities

Vecmocon raises $10 million in the first phase of Series A funding

The vehicle intelligence firm will use the funding to expand its reach in various market segments, including electric two-wheelers, three-wheelers, light commercial vehicles (LCVs), and buses

Drone startup Airbound raises $1.7 million funding, to focus on deliveries

Airbound will deploy its R&D efforts to initially focus on medical deliveries and then expand into other areas such as food and groceries

Niti Aayog's WEP partners with Urban Company for women empowerment

According to the statement, WEP, under its award-to-reward initiative, launched the pilot to support women MSMEs to scale up their businesses in the beauty and wellness sector

Ola Electric wrongly claims to solve service issues, CCPA initiates probe

The National Consumer Helpline has reportedly received over 10,000 complaints against Ole Electric regarding product quality and after-sales service in the past year

Startups are like upstarts, they end up burning strategy: Rajiv Bajaj

Bajaj made the remarks when asked about who was going to win the battle -- the startups or the established players -- when it comes to embracing technology

ideaForge boosts India's drone sector with focus on tech indigenisation

ideaForge has the largest operational deployment of indigenous UAVs across India, with an ideaForge-manufactured drone taking off every five minutes on average for surveillance and mapping

A litmus test for fintech IPOs as MobiKwik inches closer to listing

After Paytm's disappointing performance after listing in 2021, the markets have evolved and the fintech ecosystem has matured with greater regulatory clarity from the RBI