Page 54 - Start Ups

Big Basket aims to turn profitable in 8 months, eyes for IPO in 2025

When asked about plans for an IPO, he said, "We will probably have it in 2025. But we are leaving it to the Tatas, there cannot be anybody better to guide us and advise us on that."

Google's billing policy dispute: Startups want apps restored on Play Store

App developers said Google was using its dominant position to charge exorbitant commissions of 15-30% for its services

Indian startups ask CCI to order Google to restore apps after 'brazen' move

Startup executives on Monday met India's deputy IT minister Rajeev Chandrasekhar who told them he was concerned by the removal of the apps

Google Play Store delisting hits Indian app developer business by 40%

The parties concerned have sought a meeting with the government on Monday to discuss the contentious issue, sources aware of the development said

Bengaluru blast: Startups call for swift measures to ensure robust safety

Approximately 10 people were reportedly injured in a low-intensity bomb blast at The Rameshwaram Cafe, a popular restaurant in Bengaluru's Brookfield

Byju's unable to pay salaries as funds locked amid rift with investors

In a letter to staff, Raveendran said the rights issue, launched a month ago, has been successfully closed

Edtech major upGrad appoints Venkatesh Tarakkad as chief financial officer

Tarakkad will be responsible for overseeing upGrad's domestic and global financial strategies

Healthtech unicorn Pristyn Care lays off 120 employees, eyes profitability

This is the second time the firm has laid off employees. Pristyn had, in March last year, reportedly laid off 45 employees due to poor performance

Tough test: Staff salaries may again be hit at edtech major Byju's

NCLT has asked Byju's to keep funds via rights issue in escrow account and it cannot be withdrawn till the disposal of the matter, according to the sources

Beauty retailers report high demand for prestige and premium segments

Beauty retailers report high demand for prestige and premium segments

Govt launches Bharat Startup Ecosystem Registry to create database

It is envisaged that the registry will facilitate easy access and discovery, fostering collaboration and growth within the ecosystem

PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments

The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline

Media firm Dailyhunt in advanced talks to acquire India's X alternative Koo

The deal could be finalised 'within weeks' and involves a share-swap agreement, a report released on Wednesday suggested

Shadowfax raises $100 million from TPG NewQuest, Flipkart and others

It would use the funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pincodes across India

Meeting with FM 'consultative' and 'positive': fintech, startup executives

The finance minister added that companies must ensure strict compliance and adherence with regulations

Startups backbone of new India, it's our time under the sun: Piyush Goyal

"The Sun is rising and it's our time under the Sun. I hope we don't miss the bus. The message goes loud and clear to all startups, not to lose this opportunity," Goyal said

Diversity in India's ecosystem aids Razorpay's global forays, says CFO

The company has planned expansions into South East Asia and West Asia

With Microsoft's support, this French co is gearing up to challenge OpenAI

Mistral has announced a partnership with Microsoft, just like OpenAI and has also launched its own LLM

Digital lab at fingertips: Neodocs aims to perform 100 mn tests in 3 years

The company employs diagnostic laboratory (lab) principles through a smartphone application (app) and a test card

Blume Ventures invests $10 million in edtech firm Interview Kickstart

This is Blume Ventures' largest opening investment to date and is a clear vote of confidence in Interview Kickstart's vision, market leadership, and demonstrated profitable growth, the company said