Page 64 - Start Ups

Agri robots to eye for lunar rovers: Indian deep tech startups come of age

The key to their cutting-edge innovations can be attributed to the rise of emerging technologies including AI, big data, and the Internet of Things (IoT) and their accelerated adoption across sectors

Onsurity helping businesses insure against rising digital threats

As cyber threats escalate with internet growth, Onsurity introduces comprehensive coverage for SMEs, navigating risks and ensuring business resilience

Kerala startup launches first e-health kiosk for better healthcare access

The kiosk provides results in just under a minute, and also offers immediate recommendations if irregularities are detected in an individual's vitals

Dunzo says will hit profitability in 12 months, has reduced costs

Auditor Deloitte has expressed doubt about on-demand delivery platform's ability to continue as a going concern

Indian startup funding winter shows signs of thaw as large deals resurface

When considering these debt rounds, the funding amount is on a par with the $1.1 billion that startups raised in October last year

Byju's lenders win fight over $1.2 billion loan default, control of unit

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company's mounting distress after a pandemic-era boom in online learning fizzled out

Billionaire Flipkart founder Bansal ready to launch stealth AI startup

The startup's main operations will be in Bengaluru, and it's headquartered in Singapore, where it's in stealth mode for now and will launch its offerings within months

Insurtech startup Bimaplan raises $3.5 mn in pre-series A funding round

Company will use the money to improve technology platform, expand distribution

STPI starts inviting applications for LEAP programme to fund 75 startups

The govt has allocated Rs 95 crore to STPI for supporting up to 300 startups, out of which the organisation has already invested in 100 startups

Veteran entrepreneurs look to ramp up their bets in Indian startups

This is heartening to note as overall venture capital (VC) funding has been southward bound in the country

E-commerce startup Udaan to trim costs, forge partnerships ahead of IPO

Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.'s Flipkart in helping smaller merchants source their goods, will make an operating profit within 18 months

Delhivery Q2 result: Net loss at Rs 103 cr, revenue up 8% to Rs 1,942 cr

The logistics firm also made a few leadership appointments aimed at creating experienced long-term leaders for key functions and business roles

Will soon begin audit process for FY23: Byju's CEO Raveendran tells staff

Byju's parent firm Think and Learn reported 2.3 times growth in its core business to reach a total income of Rs 3,569 cr for FY2021-22, and a loss of Rs 2,253 cr y-o-y

India has significant amount of dry capital for startup ecosystem: VCs

Fintechs have been among the five best-performing sectors in terms of funding since 2018, with an exception in 2020 when it came sixth

DIEZ launches AED 500 mn venture capital fund to finance tech startups

The new fund was launched on the sidelines of the Dubai Business Forum, which is being organised by Dubai Chambers under the patronage of Sheikh Mohammed bin Rashid

Indkal eyes 3x revenue growth to Rs 1,150 cr with foray in smart wearables

The company designs consumer electronic goods for companies like Acer and Black & Decker and gets them manufactured from electronic manufacturing services companies

Expecting topline growth of over 60% during this fiscal, says CarDekho

The company said it recorded a revenue of Rs 2,331 crore in the previous fiscal, which may see a growth of over 60 per cent by March next year

Leaving legacy through brands built for India: Honasa's Ghazal Alagh

Co-founders Varun and Ghazal Alagh aim to take Indian beauty brands global as they unveil Honasa's initial public offering, eyeing Rs 1,701 crore in funding

Taking a lead: Startups beat corporates in gender inclusivity race

Women account for 35% of people employed in startups, compared to 19% in the corporate sector, shows a study

Google, Nvidia back startup that helps navigate AI chip shortage

Big-name backers are betting on young firms like CentML to find innovative ways around those constraints