Page 67 - Start Ups

Sovereign Wealth Fund Institute lines up opportunity for startups funding

Of the six global startups that will be presenting their five-minute elevator pitches at FORT North America 2023, two will be Indian, representing the fast-growing startup ecosystem in the country

Unicorn India Ventures announces first close of Fund III at Rs 225 crore

With Fund III, UIV aims to build a portfolio of 25 startups that are focused on global SaaS and digital platforms, areas of expertise for Unicorn India

Captain Fresh raises $20 million for global expansion in Series C funding

Founder Utham Gowda said it is a transformative juncture in our aim to establish Captain Fresh on the global stage

Young consumers buying into brand narratives first, say new-age founders

In the age of sustainability and brand connect, founders of D2C and new-age companies feel their stories convince consumers for repeat purchases

PMI Electro Mobility Solutions plans to raise around Rs 250 crore: CEO

The company, which is setting up a new manufacturing unit in Pune, could put in an estimated investment of Rs 150 crore in the expansion

Dunzo delays employee salaries yet again, sets October as new deadline

Dunzo, a quick commerce startup backed by Reliance and Google, had earlier told its employees that their June and July salaries would be paid in September

Byju's business head Prathyusha Agarwal resigns amid reorganisation

Agarwal had joined Byju's in February 2022 from Zee Entertainment Enterprises. Two other business heads - Himanshu Bajaj and Mukut Deepak - have also left, the company

SnapE cabs looking to double its fleet in FY'24, expand to smaller cities

The company also plans to induct more women drivers in its workforce, said Mayank Bindal, the managing director of EC Wheels, which operates under the SnapE brand

With Zepto becoming first unicorn of 2023, is funding winter about to thaw?

Quick commerce startups hope to race towards better days. Can they crack the execution code?

Interest in generative AI ventures high: Fireflies AI CEO Krish Ramineni

Launched just before the pandemic in January 2020, the San Francisco-based company has raised $19 million until now

Swiggy restarts IPO plans, aims for July-Sept 2024 stock market listing

Swiggy in May said its core food delivery business had turned profitable, nine years after starting operations, even as its newer grocery delivery service, Instamart, continues to make losses

BS Startup: Robotics company Ati Motors disrupting logistics sector

The company's advanced autonomous mobile robots (AMRs) combine artificial intelligence, computer vision, and state-of-the-art hardware to perform complex tasks in dynamic environments

Noida-based startup has built navigation system of Isro's Pragyan rover

Unlike foreign space agencies which use very expensive cameras, the Pragyan rover uses just two cameras which act as its eyes, while the software generates the 3D maps of the lunar surface

How Ati Motors' autonomous robots are disrupting the logistics sector

Inspired by technology used in self-driving cars, Ati's advanced autonomous mobile robots (AMRs) integrate artificial intelligence, computer vision, and cutting-edge hardware

Funding spring for startups may return in next 12 months, say analysts

The India tech startup ecosystem witnessed its highest funding of $43.5 bn in 2021 and after this, the funding started to witness a downfall and there is no sign of improvement in the funding to date,

Corporate governance issue wake-up call for startups: Shantanu Deshpande

On funding winter, Deshpande told PTI that good companies will continue to attract capital, although they may not get a "bullish valuation" at this stage as scrutiny increases

OYO to facilitate skill training for youths at its vacation home biz abroad

OYO signed a memorandum of agreement (MoU) with Vishwakarma Skill University, HKRNL and Foreign Cooperation Department of Haryana government, the company stated

BiofuelCircle collaborates with ISB to strengthen country's forest economy

The collaboration aims to establish large-scale, efficient, and sustainable value chains in the bioenergy sector, utilizing forests as a reliable and eco-friendly source of raw materials

Redcliffe Labs aims to scale up operations, go public in 2025-26: Founder

The company, which commenced operations in 2018, has 81 laboratories and over 2,000 collection centres in small cities and towns

BharatPe to double its POS network in India over the next 12 months

As a part of the plan, it launched its new Android POS terminal, BharatPe Swipe Android