Page 36 - Start Ups

Razorpay launches venture investment programme in partnership with VCs

Early-stage ventures could see potential fundraising of up to $1 million as part of the programme

Supply chain startup Zetwerk considers raising $1 billion through IPO

Zetwerk's technology platform helps connect suppliers and customers in areas such as aircraft engine manufacturing, consumer electronics and home appliances

Indian-born founders lead the charge in US unicorns, reveals study

India heads the list of non-US-born unicorn founders, with 90 from the country, followed by Israel with 52, Canada with 42, the UK with 31, and China with 27 founders

Odisha startup Bon V Aero launches fully autonomous drone logistics service

The launch of the drone service was made in the presence of venture capitalist Tim Draper

BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'

Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies

UnifyApps raises $20 mn Series A to deliver AI agents across enterprise

UnifyApps integrates deeply with all SaaS applications within an enterprise, making it easy for enterprises to view and manage all their data in a single place

Savings, credit, jewellery major focus for Jar amid evolving finance needs

Amid growing financial uncertainty, Jar enables Indians to save in digital gold, offering small daily investments and options for jewellery conversion through its platform

Spot AI secures $31 mn, launches Video AI Agents for enhanced surveillance

Video AI Agents transform cameras from passive observers into proactive problem solvers and can autonomously identify issues and trigger responses without the need for human intervention

BLive EZY deploys 1,000 premium electric vehicles to cater festive demand

As the festive season drives a surge in online shopping, India's quick commerce market is set for exponential growth, Blive EZY said

Zinc raises $25.5 million in seed funding from Nexus Venture Partners

The funding will enable Zinc to drive product innovation and expand its offerings

EvoluteIQ secures $20 million funding to fuel growth and innovation

This funding will support EvoluteIQ's plan to enhance its AI automation platform and expand operations globally

Fintech major BharatPe rolls out investment platform 'Invest BharatPe'

The Delhi-based fintech launched digital gold in partnership with Safegold, enabling customers to purchase and sell gold digitally

Bengaluru startup EMOBI unveils low-speed 2W with multipurpose battery

With this launch, EMOBI aims to capture 20-25 per cent of the market share in India's B2B last-mile delivery sector over the next three years

VC funding for Indian startups up 42% to $6.3 bn in Jan-July: GlobalData

Investment growth despite a cautious global investment climate, says analytics company

WazirX reports 40% assets dip in reserves after July security breach

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

B2B e-commerce platform ElasticRun reduces FY24 loss to Rs 359 crore

Company made a strategic pivot in FY24 to support high-margin regional brands to drive better profitability metrics

India's startups need more than growth; focus on governance also crucial

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

Avaana raises $135 mn for climate fund to fuel climate-tech startups

Incidentally, GCF, the world's largest climate fund, is making its first investment in a climate venture fund in India through Avaana Climate and Sustainability Fund

CCPA orders Ola to offer refund choices, provide auto ride receipts

The other changes implemented were showing address of both pickup and drop locations to drivers and revised payment cycles for drivers for swift payment

WazirX moved over $73 million crypto after data breach: CoinSwitch

WazirX, which is staring at liabilities worth $546.5 million, transferred $72.13 million worth of crypto to Bybit and $1.5 million funds to Kucoin, Ashish Singhal, co-founder and CEO, CoinSwitch, said