Page 43 - Start Ups

Lonely dead pool club: Shutdowns fall 99.8%, startups face a zombie threat

While founders have now become more prudent, there are firms that continue to burn cash to survive and may soon end up in the dead pool once their runway ends

Cash-flush quick-commerce unicorn Zepto loads up talent cart ahead of IPO

Ahead of its public listing, Zepto plans to ramp up hiring, aiming to add between 400 and 500 employees, focusing on engineering, product, category, growth, and marketing roles

Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha

Palicha says Zepto's topline could scale to over Rs 2.4 trillion over the next 5-10 years

iVP Semiconductor aims for revenue of $70-100 million in next 3-4 years

The company has also secured $ 5 million in a pre-series A Funding for its expansion plans

We could have done better, no secret about it: Paytm's Vijay Shekhar Sharma

In January this year, the banking regulator placed crippling restrictions on Paytm Payments Bank citing persistent non-compliance at the bank

Lack of skilled researchers, not funding, a bigger problem for AI startups

Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"

Unacademy gives pink slips to 250 employees in another round of layoffs

Unacademy has had multiple rounds of layoffs since 2022. Its workforce is down to below 3,000 as against 6,000 in the early part of 2022, according to sources

Byju's second rights issue: Karnataka HC sets aside NCLT interim order

Byju's recently moved the Karnataka High Court challenging the order of the National Company Law Tribunal (NCLT) restraining it from going ahead with the second rights issue

Impact of Digital Competition Bill on India's homegrown startup ecosystem

The Draft Digital Competition Bill is part of a more significant endeavour by the government to address the above competition concerns in the digital and technology ecosystem

YC-backed AI startup Pivot Robots raises funding from NuVentures

Pivot Robots, founded last year by two Carnegie Mellon University graduates Siddharth Girdhar and Vignesh Rajmohan, uses artificial intelligence to power automation in the manufacturing sector

Indian family offices change startup bets after funding peaked in 2021

Consumer, retail and transportation and logistics technology startups have been the largest beneficiaries

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Munjal questioned Raveendran's leadership and his ability to take feedback

AWS launches accelerator programme to support space-tech startups

Amazon Web Services (AWS) on Friday launched a space accelerator programme to support 24 startups.

Nodwin Gaming to increase its ownership in Freaks 4U in Rs 271 cr deal

By integrating Freaks 4U Gaming's expertise and resources, Nodwin is poised to expand its global footprint in the gaming and esports industries, says Akshat Rathee, co-founder of Nodwin Gaming

Top 5 renewable energy business ideas for 2024; check the list below

The global shift to renewable energy sources has given rise to huge business opportunities. Here are the top 5 renewable energy business ideas 2024

Indian fashion brands are becoming hot bets for venture capital firms

The fashion and lifestyle space is India's second largest consumer category, valued at $110 billion with approximately 10 per cent online at $11 billion

Bharat Innovation Fund co-founder foresees global reach of Indian deep tech

India's deep tech sector has surged to over 4,500 firms, with strong government support and policy initiatives. But access to capital remains a challenge for startups in this sector

Two Brothers Organic Farms raises Rs 58.25 crore in Series-A round

This funding would help the brand grow its market presence in India and the United States and promote the adoption of organic food

Dairy startup co Sid's Farm raises $10 million in Series A Round

Sid's Farm plans to use the funds to establish a strong presence in Hyderabad and Bengaluru by enhancing manufacturing capabilities

Prosus writes off investment in Byju's, records $493 million loss

This would be perhaps the first such large write-off announced by a large institutional investor in India