India Startup

Proptech firms see sustained investor interest amid deeper adoption

India's proptech sector is scaling fast as startups shift to profitable, tech-led models, drawing investor interest and reshaping how real estate is bought, built and managed

Maharashtra tops DPIIT-recognised startups; nearly 100,000 led by women

As Startup India completes 10 years, DPIIT data shows over 2.07 lakh recognised startups, rising women leadership and Maharashtra leading India's fast-growing startup ecosystem

Space startup OrbitAid to showcase in-orbit refuelling tech for satellites

A Chennai-based space startup is all set to demonstrate its technology that would allow re-fuelling of satellites orbiting the earth, extending their lifespan and help address the challenges of space debris. OrbitAid Aerospace is set to launch AyulSAT, a dedicated tanker-satellite, onboard the Polar Satellite Launch Vehicle (PSLV) on Monday to perform internal propellant transfer, power transfer and data transfer using its Standard Interface for Docking and Refuelling Port (SIDRP). "We will first demonstrate transfer of fuel from one tank to another within the satellite," Sakthikumar Ramachandran, founder and CEO, OrbitAID, told PTI. Sakthikumar said AyulSAT will be India's first commercial docking and refuelling interface deployed in-orbit. "We will soon have fuel stations in orbit that will enable life extension of satellites - both in low earth and geo synchronous orbits," he said. Sakthikumar said later this year OrbitAID will launch another satellite -- the designated chaser

Groww faces proxy advisory pushback over Esop, board nomination proposals

The stockbroker is seeking shareholder approval for amendments to the ESOP scheme and rights for founders to appoint directors to the board

Nexus raises $700 million fund to back AI, consumer, fintech startups

Nexus Venture Partners has closed its $700-million Fund VIII to invest in early-stage AI, enterprise software, consumer and fintech startups across India and the US

Giga raises $61 million to scale AI-driven customer support platform

Series A round led by Redpoint Ventures will help expand the technical team and accelerate enterprise deployments of Giga's AI customer support agents

Fintech Startup FOLO Launches to Help Indians Organize Their Net Worth

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Urban Company makes stellar debut as shares jump 62% over issue price

Investor interest in the company was evident from its blockbuster initial public offering (IPO)

Generalist VCs in India bet big on deep-tech, innovation-driven companies

Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models

Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown

India-focused fund attracts investors from Korea to Hong Kong as venture funding hits multi-year lows

Retail chain SuperK raises Rs 100 cr from Binny Bansal, Sacheti and others

SuperK to use Series B funding to expand its tech-driven franchise network across 300 towns, targeting underpenetrated retail markets in AP, Telangana and Karnataka

Inbound Aerospace raises $1 mn pre-seed round led by Speciale Invest

Space tech startup will use capital for developing autonomous reusable re-entry vehicles

Flipspaces raises $35 million from investors to expand its business

Startup Flipspaces, which provides design and building solutions for commercial spaces, has raised USD 35 million (around Rs 297 crore) from investors to expand its business. In a statement on Wednesday, the company said it has "raised USD 35 million in primary and secondary capital, led by tech growth investor Iron Pillar and supported by existing backer, Prudent Investment Managers, and incoming Synergy Capital." This capital raise will be used to accelerate growth across India, the US, and UAE, strengthen its technology and explore inorganic growth opportunities in new geographies and adjacent categories. Flipspaces provides a fully integrated, tech-first design and building solution focused on SMB (Small and Medium Business) spaces, which accounts for approximately 60 per cent of the total interior design and build market for commercial spaces. "We are building a technology-led brand aimed at transforming the customer experience in commercial design and build, globally. Our ...

Logistics startup Xindus raises $10 mn for expansion in India-US corridor

The Gurugram-based company plans to utilise the capital to scale its operations in the India-US corridor while expanding across the United Kingdom, Canada, Australia, Europe, and the Middle East

After innovation debate, Goyal announces helpline for startup grievances

Piyush Goyal said that the helpline would be accessible to all startups nationwide, allowing them to register complaints or provide feedback on policies

Second edition of Startup Mahakumbh kicks off on April 3 in New Delhi

The event will witness over 3,000 exhibitors, 10 thematic pavilions, 1,000 investors, 5,000 entrepreneurs, and more than 1,000 incubators and accelerators

India's tech startups worth $100 billion seen seeking IPOs by 2027

Young companies are now in better shape than in 2021 and 2022, when several startups that sought to capture India's booming capital markets cratered after listing at high valuations

India to see $600 bn in investments over next 3 yrs for startups: Experts

India can expect over USD 600 billion in alternative investments in next three years to fuel the startup ecosystem, according to experts. This influx of capital is anticipated to foster innovation, support entrepreneurship, and create an enabling environment for new ventures to thrive, they said at the launch of Centre for Financial Markets (CFM) by IMT in Mumbai last week. India's startup ecosystem is poised for significant growth, with projections indicating that over USD 600 billion in private equity and venture capital (PE/VC) investments will flow into the country over the next three years, Atish Chattopadhyay, Director of IMT Ghaziabad said in a statement. This figure represents 13 per cent of the estimated USD 4.7 trillion required (including government investments, corporate retention, PE/VC funding, corporate debt, initial public offerings (IPOs), and other sources) to achieve a USD 5 trillion economy by FY2027, he added. As investors recognize the immense potential of Ind

Piyush Goyal assures 'excellent' support for startups in growth push

Commerce and Industry Minister Piyush Goyal on Thursday assured "excellent" support to startups and said domestic investors are now also recognising capabilities and the value proposition of investing in these enterprises. As per estimates, he said Indian startups have attracted about Rs 13 lakh crore funding in the last nine years, that is about USD 150 billion. On average, startups are receiving about USD 15 billion of funds every year and in a good year, it can go up to USD 22-25 billion, he said at the celebration event of nine years of Startup India here. "I promise you we are going to have excellent support, now also from domestic investors who are more and more aligning themselves with the startup India vision, who are more and more understanding the capabilities of young India and they are recognising the value proposition that you bring to the table," he said. He added that funding instruments like the Fund of Funds Scheme (FFS), which is administered by SIDBI and financed

PM Narendra Modi lauds ONDC for revolutionising digital commerce in India

ONDC has contributed to empowering small businesses and revolutionising e-commerce, thus playing a vital role in furthering growth and prosperity