Page 8 - Indian Start-ups
Brazilian, Indian startup satellite part of ISRO's first mission in 2021
Brazilian satellite Amazonia-1 and three Indian payloads are part of the mission
 "Brazilian, Indian startup satellite part of ISRO's first mission in 2021")
Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani
Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes
 "Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani")
Flipkart partially spins off PhonePe in $700 million fundraising round
E-commerce major Flipkart announced a "partial spin-off" of PhonePe as the digital payment firm raises $700 million in funding, valuing it at $5.5 billion
 "Flipkart partially spins off PhonePe in $700 million fundraising round")
US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report
The funds, T Rowe Price and Vanguard, hold about 1% in both companies; while Paytm's valuation has taken a 26% hit, Ola's has suffered a 50% drop
 "US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report")
Most start-up segments recover post lockdown; edtech & health care lead
The start-up ecosystem is expected to have created 700,000-750,000 direct and 2.6-2.8 million indirect jobs in total for the year ending 2020, further cementing its recovery
 "Most start-up segments recover post lockdown; edtech & health care lead")
Tech-sharing deals put Indian start-ups in fix with China's new controls
Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts
 "Tech-sharing deals put Indian start-ups in fix with China's new controls")
Blocking Chinese funding will adversely impact Indian start-ups: GlobalData
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.
 "Blocking Chinese funding will adversely impact Indian start-ups: GlobalData")
India blocks automatic FDI route for neighbours to curb hostile takeovers
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.
 "India blocks automatic FDI route for neighbours to curb hostile takeovers")
Coronavirus impact: Early funding of start-ups may hit a stumbling block
This comes as seed investments in India during the January-March quarter, which was hit by the lowest level in five quarters
 "Coronavirus impact: Early funding of start-ups may hit a stumbling block")
Start-ups come up with tech-driven solutions to track coronavirus patients
Healthcare company Portea has developed a chatbot called Cobot-19 which will disseminate information related to coronavirus
 "Start-ups come up with tech-driven solutions to track coronavirus patients")
The Hollywood-inspired start-up with business tools that don't need coding
Set up in 2015, Gyana helps one create things by using GUI or conversational tools, and aims to make data science accessible even to non-techies
 "The Hollywood-inspired start-up with business tools that don't need coding")
As Android-iOS dominate world, Indian start-ups working to end the duopoly
Indus OS, a start-up from Bangalore, has an Indianised operating system for mobiles, used by phone makers like Karbonn and Micromax, among others
 "As Android-iOS dominate world, Indian start-ups working to end the duopoly")
Canada warms up to Indian start-ups, to help them expand operations
The MoU was signed in the presence of Brampton's Mayor Patrik Brown, who is interacting with more than a dozen Indian start-ups across Mumbai, Delhi and Bangalore
 "Canada warms up to Indian start-ups, to help them expand operations")
Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held
Masayoshi Son-led SoftBank made massive investments in the Indian startups, biggest funding round
 "Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held")
Nazara Technologies plans to invest $20 mn in Indian startups next year
The company has already undertaken transactions worth $50 million in 13 startups in the last two years
 "Nazara Technologies plans to invest $20 mn in Indian startups next year")
Start-ups play crucial role, giving growth impetus to economy: KPMG report
The report said the golden triangle of government, private sector and academia are important players who can provide the impetus needed to grow the start-up eco system
 "Start-ups play crucial role, giving growth impetus to economy: KPMG report")
Social commerce startup Meesho gets $125 mn funding from Facebook, Nasper
Meesho is part of a crop of new e-commerce companies that are trying to take advantage of social connections to facilitate sales
 "Social commerce startup Meesho gets $125 mn funding from Facebook, Nasper")
Odisha government moots special fund to support start-ups in the state
As many as 433 start-ups have registered with Startup Odisha, out of which 138 are women-led startups
 "Odisha government moots special fund to support start-ups in the state")
From Flipkart to Swiggy, Indian start-ups raise $38.3 bn funding in 2018
Flipkart's $ 16 bn deal with American retailer Walmart accounted for the biggest piece of the pie, followed by Swiggy raising about $ 1.3 bn over three deals, and OYO picking up $ 1 bn
 "From Flipkart to Swiggy, Indian start-ups raise $38.3 bn funding in 2018")
Low on innovation
Cost can't remain a core strategy for Indian start-ups
