Page 86 - Start Ups

E-commerce enabler Optiwise.ai raises $1.3 mn from StartupXseed Ventures

The company plans to spend the proceeds on its products, building a world-class team, and expanding its customer base beyond North America to other emerging e-commerce regions

Explained: Why Indian Startups are establishing a base in Singapore

Singapore is number one in the world on the Heritage Foundation's index of economic freedom, number one in the World Economic Forum global competitiveness report last published in 2019

Valuation of startup ecosystem nearly Rs 3 trillion, says Piyush Goyal

The valuation of the startup ecosystem in the country is nearly Rs three trillion, Union Commerce and Industry Minister Piyush Goyal said on Saturday

Several startups in India may lose their Unicorn status, says report

In total, around 105 start-ups in India attained the status of Unicorns between 2018 and 2022 but the active number of unicorns has now been reduced to 84

Start-up PickMyWork says will take up 500,000 gig workers in FY23

Gurugram-based company assists clients in getting customers, saving them cost and effort

We bet on startups catering to the middle of the pyramid: Arkam co-founders

In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive

D2C meat brand Pescafresh to expand presence in Bengaluru, Gurugram

Will set up processing units conforming to HACCP and FSSAI standards at both locations by November

Indian start-up funding hits 2-year low in Q3CY22 at $2.7 bn: PwC report

However, investors have already raised a lot of capital which needs to be deployed and this will ultimately find its way to the Indian start-up ecosystem

PhysicsWallah makes acquisitions to foray into govt job prep, print books

Edtech unicorn PhysicsWallah on Thursday announced acquisition of test preparation edtech company PrepOnline and book publisher Altis Vortex for an undisclosed amount in a mix of cash and stock deal

Only 2 Indian startups turned unicorns in Q3 amid funding winter: Report

Only two startups in India, Shiprocket and OneCard, attained the unicorn status (valuation $1 billion and above) in the July-September period, a PwC India report showed on Thursday.

PotHoleRaja: How one start-up is fixing roads the eco-friendly way

PotHoleRaja has grown from small pothole-fixing drives to a dedicated network of volunteers and is working today with some of the biggest corporations and organisations in the country to build roads

Why India continues to attract demand for global capability centres

According to a BCG study, India currently has over 1,500 global capability centres, with 300-500 to be added over the next five years

Unicorns feel funding winter chill, see fall in numbers: Hurun global index

The valuation firms like Quikr, Paytm Mall, have dropped below $1 billion. Shopclues and Blinkit were acquired for a fraction of their billion-dollar valuation

D2C footwear start-up Yoho raises Rs 20 cr in pre-series A funding

Funds will be used by the company to create capabilities for new product propositions and sustainable manufacturing standards

Ready to talk with startups to address their concerns: Sitharaman

The government is ready to talk with the startups who are contemplating moving overseas and address their issues as much as it can to help them stay in India, Nirmala Sitharaman said

Dhoni picks up equity in plant-based protein startup 'Shaka Harry'

Former Indian skipper Mahendra Singh Dhoni has picked up equity in the plant protein startup Shaka Harry', the company said on Tuesday.

Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Robotics start-up Miko picks 70% stake in AI board-game maker Square Off

The 2 companies aim to together generate more than $100 million in revenue in 2023

Google Accelerator to support 20 women-led start-ups in first cohort

Firm will focus on subjects like access to networks and capital, hiring challenges and mentorship, which for a variety of reasons, prove challenging for female founders

Pharma supply start-up Saveo Healthcare raises $4.5mn in venture round

Company founded by 4 IIT graduates will use money to expand its presence and for improving technology