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Many startups are using this time to tighten operating models and optimise their cash runway by deferring discretionary spends and investments
2022 was a year of reckoning for Indian startups. New unicorns halved compared to last year, and mass layoffs followed. So, how did this year change Indian start-ups? How are they prepared for 2023?
Flash is creating a digital identity that power shoppers can use across retail sites
Favourite haunts of start-up community in Bengaluru and Gurugram reflect the sombre mood
India had the highest number of participating companies after the host, UAE, at the four-day event
Hyderabad-based company will use financing to introduce more product categories and expand team
The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers)
Company raised $22 million in funding in March earlier this year at a valuation of $120 million
With the offline lure of greater teacher-student connect many such start-ups have forayed into brick-and-mortar centres to compete with existing offline institutions
India assumes rotational annual presidency of SCO summit nations; China, Russia and other countries offer support for summit next year in India
SoftBank has for years been a prominent backer of Indian startups, investing close to $4 billion last year alone, according to data from Venture Intelligence
The funding follows the Indian government's push to get the country's private sector to complement its state-run space programme known for its affordable launches and missions
Company that provides debt capital says its assets under management have grown 55% YoY
Tech world's prime-movers set up Artha School of Entrepreneurship.
Ratan Tata announced an undisclosed investment into startup Goodfellows that offers companionship to senior citizens as a service
The firm currently has a user base of 100,000 enterprises and processes transactions worth about Rs 28,000 cr a year
Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up
This move aims at ensuring continuity of the business vertical with COGOS, an enterprise-led business model and strengthening Porter's focus on its core business solutions
Some are managing supply-chain backend for retail pharmacies, right from stockist to chemist, others are offering telemedicine kiosks at chemist outlets, and digitising pharmacies