Page 85 - Start Ups

How Tiger-backed Geniemode is building powerhouse for world fashion players

Their firm, Geniemode, today has over 250 suppliers in India and Bangladesh to serve some of the biggest names in fashion globally

Economic Survey 2022-23: Indian start-ups exploring reverse-flipping

Suggests simplifying tax layers, capital flow procedures like those in the US, Singapore

10 yrs tax holiday, less holding period of ESOP shares: Startups on Budget

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry

Piyush Goyal calls for creation of network to strengthen start-up ecosystem

The Union Minister was addressing the inaugural session of the Inception Meeting of the Startup 20 Engagement Group of G20 in Hyderabad

PE/VC investments dip 29% YoY to $54.2 bn in 2022 amid funding woes

Despite this decline, 2022 marks the second-best year for PE/VC investments in India to date; dip largely due to smaller deal sizes amid stable volumes

BharOS opens doors for OEMs, companies; already in talks with 8 entities

At present, BharOS is compatible with Google Pixel phones; it has no default applications, so users aren't forced to use apps they may not be familiar with or trust

Start-ups beyond the founders: 2023 seems to be the year of changing roles

The funding winter and greater demands for accountability are encouraging promoters to step away from executive roles

Accounting practices at start-ups in India come under the scanner

Where valuation has overpowered value and revenue recognition is a grey area, new accounting metrics is seeing new-age ventures jump through hoops

PhonePe investors had to pay Rs 8,000 cr taxes to shift base to India: CEO

Sameer Nigam says move worked due to presence of long-term investors such as Walmart, Tencent and several balance sheet investors who can take a multi-decade view

Climate tech start-up Ecozen raises $25 mn to expand beyond agriculture

The debt portion was provided by Maanaveeya Development and Finance, Oxyzo, Northern Arc group, HDFC Bank and Axis Bank

Healtech startup Innovaccer lays off 15% employees amid structural rejig

An Innovaccer spokesperson said that the company's priority is to fully support its impacted employees, which includes offering them a generous package

Venture capital investments in Indian start-ups plunge 38% in 2022: Report

India accounted for 5.1 per cent and 6.3 per cent share of global VC funding value and volume, respectively, in 2022

SoftBank-backed InMobi lays off 50-70 staffers, cites performance as reason

Poor performance prompted the company to take this extreme step

Indian fintech start-up funding fell 47% in 2022, says Tracxn report

Growth in the space was expected to continue in the long run, propelled by a large unbanked population

Facebook co-founder's investment fund closes third series at $2.1 bn

Firm will invest in financial services, healthcare tech, enterprise software space

E-sports in India a lucrative career path in 2023, gamers positive: Experts

E-sports, or competitive video gaming, in India has witnessed a steady rise in popularity over the years

Rise and rise of India's startup story: Growth beyond the funding chill

The Indian startup story has moved away from being just about raising funds

VC firm Z3Partners closes Rs 550 cr fund to invest in early-growth startups

Leading global and domestic institutions and family offices, including HDFC Life and SIDBI, participated in the fund

After criticism, Byju's introduces new process to verify customer consent

Technology-drive policy to check all sales thrice, says edtech giant

Indian start-ups witness decline in hiring; struggle with attrition: Study

According to the study, over 64 per cent of the respondents wanted to shift jobs for a 'stable job'