AI-powered systems are subsuming jobs done by headset-wearing graduates in technical support, customer care and data management, sparking a scramble to adapt
Mittal added that though the firm continues to be a sector-agnostic company, its last few investments have been in consumer tech, health, sports, and deep-tech
At Google I/O Connect India 2025, Indian startups demonstrated AI apps built on Google's platforms, powering innovations in translation, entertainment, and enterprise
Startup plans IPO in 12-18 months as global order book swells
Indian startups today contend with a range of hurdles, including access to consistent funding, navigating intricate regulatory and tax frameworks, overcoming bureaucratic obstacles, retaining talent, and earning consumer confidence in a price-sensitive market, according to Rukam Capital's Archana Jahagirdar. Jahagirdar -- the Founder and Managing Partner of the venture capital firm, which has invested in startups like Beco, Sleepy Owl, Indus Valley, GO Desi, Burger Singh, and Antithesis -- believes that while ambition and innovation of Indian startups are undeniable, access to consistent funding, especially at the early stage, remains a major roadblock. "Unlike more mature ecosystems, India still sees uneven distribution of capital, with non-metro startups facing even steeper barriers. Operating within a maze of complex rules and taxing systems is another industry challenge. "Beyond funding, Indian startups often grapple with regulatory bottlenecks, talent retention, and building ..
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 ...
Other participants included Enzia Ventures and ITI Growth Opportunities Fund, along with existing investors Chiratae Ventures and Omidyar Network India
Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India
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
Across different stages of investment, late-stage startups attracted the highest total funding of $1.8 billion in Q1 FY25, compared to $1.3 billion in Q4 FY24
Openness, reliability, and hope are critical to successful democracies and have a cumulative effect on both domestic and global ties
The company will likely go for a bilateral deal to be finalized in early 2025, they said, adding the terms are not finalized yet and bank credit is also an option
The Karnataka government on Tuesday signed a Letter of Intent (LoI) with the New Jersey Department of State, US, marking a significant step towards enhancing global cooperation in technology, innovation, and economic development, officials said. The agreement signed by Department of Electronics, IT, Bt, Government of Karnataka establishes a framework for collaboration between Bengaluru and New Brunswick, New Jersey, they said. In a statement, the Department said that the agreement will focus on Twin City Collaboration for promoting exchanges between Bengaluru and New Brunswick in identified focus areas. In Startup Ecosystem Engagement, it will focus on developing programs to foster synergies between the startup ecosystems of both regions. "As part of technological collaboration, it will focus on advancing cooperation in sectors such as life sciences, deep technologies (cybersecurity, AI), and electronics," it said. Key areas of collaboration will include life sciences, deep ...
Country continues to rank among top five markets globally for VC funding activity: Report
Existing investors like Fidelity, Kedaara Capital, are among the parties looking to increase their stakes in the initial public offering-bound company
Aromatherapy-based wellness brand Secret Alchemist was founded in 2021 by Ankita Thadani and Akash Valia. The brand offers a range of products for holistic well-being
The decision comes months after the demise of Sahara India's Subrata Roy, who was the principal shareholder and investor in the firm
The missing cash belongs to a bankrupt shell company, Byju's Alpha Inc., which is affiliated with Think & Learn and was taken over by the lenders after their loan defaulted
Bengaluru is trending on social media after the image of an automatic pani-puri vending machine located at its HSR layout road is going viral
The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting its strength and innovation potential. "We are the 5th largest economy, we are trending towards becoming the 3rd largest... factors that will contribute to it are labor addition, infrastructure growth, and efficiency improvements, where technologies like GenAI will play their part, a large developer ecosystem, the ability to build products in the country and serviced all over the world, then there are regulatory tailwinds like Make in India and Production Linked Incentive (PLI) scheme as well," he said. Raghavan lauded the maturity of the Indian startup ecosystem, noting the significant contributions of experienced founders who have embarked on multiple ...