Page 6 - Indian Start-ups

Are Indian startups staring at a tough future after a blockbuster year?

The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion

Rise Capital begin operations in India; appoints Anuj Mehta has India head

Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.

Indian startups disrupting the world, says NITI Aayog CEO Amitabh Kant

Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society, Niti Aayog CEO Amitabh Kant said on Monday

Over $7 billion raised by Indian start-ups in Q4 2021, says report

More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tech were the top sector in Q4 CY21 (calendar year 2021) cornering almost 46 per cent of the total funding. As many as 14 new unicorns were added in the Indian tech start-up ecosystem in Q4 2021. "6 out of 14 Unicorns added in Q4 CY21 are from retail tech and fintech sector," according to the report. A startup with a valuation of over USD 1 billion is called unicorn. According to the report funding continued to be strong and steady, and about USD 7.2 billion funding was received in this quarter. This was 18 per cent higher on a quarter-on-quarter basis. India continued to see strong acceleration both in the volume and the multiplicity of the startups in CY21, it said. The fourth quarter remained strong for startup ecosystem with ...

Indian startup ecosystem generated over 600,000 jobs: President Kovind

Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.

WFH benefits and other Budget expectations of IT and startup sectors

With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth

Budget 2022: Indian startups seek friendly policies, tax incentives

Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business, a slew of homegrown startups said

Diamonds in the dust: As we enter a new year, let's recall some positives

While some would just be happy that 2021 is coming to an end, T N Ninan lists six things - from sports to stock markets and entrepreneurial talent - that India could look to in the new year

Salesforce starts programme to mentor Indian start-ups in tech, innovation

Companies will get guidance on product design, strategy and business strategy.

KSUM's KITE meet ends, shortlists 24 IEDC ideas for product development

The Kerala Startup Mission (KSUM) on Friday selected 24 new products by Innovation and Entrepreneurship Development Centres on the concluding day of the five-day virtual technology exhibition.

Position India as market leader in cybersecurity, says Ashwini Vaishnaw

The magnitude of digitisation across sectors, including banking, has necessitated a sharper focus on cybersecurity, IT Minister Ashwini Vaishnaw said on Thursday

What are Thrasio-style startups and what's driving their appeal in India?

Using a model pioneered by Thrasio in the US, several startups like Mensa Brands and GlobalBees were born in India during the pandemic. Let us understand the appeal of these Thrasio-style startups

New-age pharmacy start-ups tap 'kirana' networks, eye US market

New entrants in the largely unorganised Indian pharmaceuticals market are trying out innovative ways to tap a vast market that lies in hinterland

Salesforce Ventures makes strategic investment in Indian startup Razorpay

Razorpay said this investment and partnership will make an impactful contribution to the industry and drive adoption and financial growth for underserved small businesses in the next twelve months

Eye on India's IPO map: MapMyIndia plans to go public, raise Rs 1,200 crore

India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation

Simple Energy to manufacture electric 4Ws as part of future product range

Bengaluru-based EV maker Simple Energy, which launched its maiden e-scooter offering Simple One across 13 states this month, is looking to manufacture an electric four-wheeler as part of its future product range, its founder and CEO Suhas Rajkumar has said. As part of its short-term plans, the start-up is readying to launch a business-to-business (B2B) product by this year-end besides an e-bike by next year in addition to a new powertrain in the next one to one-and-a-half year, he said. "We are looking at going multiple and we are looking at obviously a four-wheeler as our future planning. We have a vision that is there. That is the reason we are increasing our R&D (research and development) team as well," Rajkumar told PTI. Emphasising that as a company it wanted to grow with multiple product offerings, he said, "We are just not looking at improvising the current product offering. We want to introduce into different sections in the automobile itself." He, however, said the ...

Zupee's valuation crosses $500 million, raises $30 million funding

This round comes within 6 months after its Series A round at a $100 million valuation, which is more than 5x increase in the company's valuation

Eat Better raises undisclosed funding from GetVantage to fuel expansion

The funds will be invested to fuel expansion by focusing on marketing and new product launches in the coming months

SoftBank Group funding turns India start-up Mindtickle into unicorn

The latest funding takes the total capital raised to $281 million, including a $100 million round last November that was also led by SoftBank

GE Healthcare selects 6 Indian startups under 'Cohort 3' programme

Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.