Page 44 - Start Ups

Edtech firm Byju's moves NCLAT against NCLT order, seeks urgent hearing

Byju's, once valued at $22 billion, is seeking an urgent hearing at NCLAT against the insolvency order by NCLT based on a plea from BCCI over the non-payment of Rs 158 crore

Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps

For larger volumes, despite recent price adjustments by Google, Krutrim said it is offering prices which are 50 per cent of Google Maps' reduced rates, ensuring value for the users

India's first pvt deeptech hub launches in NCR, aiming to mobilise $100 mn

Collectively, the hub targets to mobilise $100 million in the Indian deeptech ecosystem

Bigbasket ventures into SaaS-based supply chain platform BB Matrix

BB Matrix will provide three SaaS verticals - a Warehouse Management System (WMS), a Transport Management System (TMS), and an Order Management System (OMS)

Boon raises $5 mn in funding from Spanish Roca Group Ventures, others

The funding was led by Spanish Roca Group Ventures, and Roca Group's Venturing Fund, among others

On its 3rd anniversary, Zepto logs highest-ever order volume at 750k

As part of a special marketing campaign, Zepto partnered with several brands for giveaways to as many as 800,000 consumers

Indian AI tackles non-Eng language data scarcity with 'transfer learning'

Transfer learning enables a model trained on one task, like an English dataset, to be fine-tuned on new tasks or languages with less data, leveraging its pre-existing knowledge efficiently

Cropin unveils Sage: AI-powered agri-intelligence for global agriculture

Cropin's Sage aims to revolutionise agriculture by enabling seed manufacturers, food processors and govt to make informed decisions based on real-time data on cultivation practices, climate, soil etc

Edtech firm Byju's on sticky wicket as NCLT admits BCCI's insolvency plea

Edtech company plans to move NCLAT, say sources

GoMechanic achieves operational profit in Q1FY25; FY24 revenue at Rs 210 cr

Under the new management, GoMechanic has posted a revenue of Rs 210 crore in the financial year 2023-24 and a revenue of Rs 85 crore in the April-June 2024 quarter

Mankind Pharma inks pact with Takeda to commercialise acidity drug in India

The agreement allows Mankind Pharma to launch the novel drug for treating Gastroesophageal Reflux Disease

Sam Altman-backed startup 44.01 scaling technology to store CO2 in rocks

44.01's storage process works by injecting a mixture of CO2 and water down a borehole and into cracks in peridotite, a naturally fractured rock

Launchpad Kashmir: Excitel's Vivek Raina and 6 others unveil startup fund

Launchpad Kashmir would fund and incubate 24 startups by FY25 in Jammu and Kashmir region, taking them from the ideation stage to the seed funding round

IndusDC earmarks Rs 100 crore to co-build hard tech startups in India

The venture studio will identify technologies and lab stage ideas related to CO2 emission reduction primarily in the industrial and energy sector

EV ride-hailing service provider BluSmart raises $24 million in funding

BluSmart has raised $109 million across its seed and Series A rounds to date

Basement to battlefield: Ukrainian startups creating robots to fight Russia

Defense startups across Ukraine about 250 according to industry estimates are creating the killing machines at secret locations that typically look like rural car repair shops

Fintech firm Partior raises $60 mn Series B round led by Peak XV Partners

Partior, which has global unified ledger-based interbank rails for real-time clearing and settlement, will use the funds to support its international network growth

OYO's co-working firm Innov8 inaugurates three centers in Delhi-NCR region

These three facilities, having a total of 60,000 square feet area, are located at Unitech Cyber Park, DLF Cyber City and Okhla in Delhi-NCR, the company said in a statement

Indkal Technologies inks deal with Acer to manufacture, design smartphones

Indkal Technologies will launch a "wide range of smartphone models" under the Acer brand in mid-2024, with a focus on smartphones priced between Rs 15,000 to Rs 50,000, the company said

Union Budget 2024: Here's what startups, investors expect from Modi 3.0

Expectations rise for investments, simplified tax norms, and sectoral support