Page 13 - Indian Startups

How Eduvacancy is changing the way institutes hire teachers in India

The firm's SaaS-based platform has over 500,000 registered educators and 12,750 institutes pan India and matches the right candidate for the right job across regions

Edtech firm Sunstone raises USD 35 million from WestBridge Capital, others

Edtech startup Sunstone, which focuses on higher education, on Friday said it has raised USD 35 million, about Rs 280 crore, in a funding round led by WestBridge Capital. The funding round also saw participation from Alteria Capital. Founded by Ashish Munjal and Piyush Nangru in 2019, Sunstone had raised USD 28 million in Series B in October 2021. Munjal said that the fresh capital will be used to expand into new programmes with a key focus on undergraduate technology programmes. The company has presence across more than 35 cities in over 40 institutions and is building capacities to expand into 100 cities across the country in the next two years. "The Indian higher education system is at the brink of a long overdue transformation. Sunstone is well positioned to enable this change and impact the lives of millions of students. Over the years, we have made significant strides in the direction but still have a long way to go as the market opportunity and problem we are trying to solv

Chai Point aims to become profitable in 2 qtrs, will expand business: CEO

Bengaluru-based startup plans bigger business for its brewing system and packaged product divisions.

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Mergers & acquisitions on rise as startups diversify into newer spaces

The second half of 2022 will see further consolidation as established start-ups look for M&A opportunities at attractive valuation to increase market share

Edtech startup Creative Galileo raises $7.5 million in Series A funding

The latest round brings Creative Galileo's total funding to $10 million, including a pre-series A round of $ 2.5 million announced in October 2021

Agritech start-up Otipy to hire 250+ people including 100 freshers

/ -- Delhi/NCR-based agri-tech startup Otipy operated by Crofarm is planning to hire more than 250+ employees this fiscal. The company is looking for fresh talent across various departments including Sales & Marketing, Data & Analytics, Technology, Product Management, Operations & Supply chain, Procurement, etc. As a fast-growing company, the startup is expanding its operations to different parts of the country and has mapped out a plan to generate employment opportunities for freshers as well as seasoned professionals through job aggregators and direct applications. Otipy is a young organization with a workforce of 400+ employees, the start-up has recently added young, energetic, and sharp talent across functions from different groups of institutions/ colleges along with experienced employees and with this announcement the company looks forward to adding more talent in the coming days. In light of the current hiring process, Mr. Varun Khurana, Founder & CEO of Otipy ..

Swapping batteries: How India is moving ahead with adoption of EVs

Across the Indian capital's dense localities, battery swapping stations are becoming a frequent site at local provision stores and small retail outlets

Startup funding in India declined 40% between April and June, says PwC

Geo-political instability appears to be taking a toll on the Indian startups with the total funding declining by 40 per cent to USD 6.8 billion in the April-June quarter, reveals a PwC India report.

Maharashtra leads states with 13,541 govt-recognised startups: DPIIT data

Total number of approved startups at 73,205; Maharashtra's share is 18%

Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'

iD Fresh said it aims to create 100 millionaires in the next three years by offering employees high-value shares (ESOPS)

Indian startups raised $6.9bn in the June quarter, down 33% sequentially

They raised $6.9 bn in Q2CY22 against $10.3 billion raised in Q1CY22; funding winter is a result of the market slowdown

Google announces Startup School India for small-city entrepreneurs

Idea is to bring together investors, successful entrepreneurs and programmers that startups from smaller cities can to tap into and learn from the best; Google aims to tap at least 10,000 startups

Hurun says 122 more Indian startups can become unicorns in 4 years

The report, which has been done in association with ASK Private Wealth, said the 122 companies most likely to achieve the 'unicorn' status are valued at $49 bn, which is a 36% jump since last year

Move-to-Earn' startup Fitmint raises over Rs 12.6 crore in seed funding

Fitmint said in a statement on Wednesday it will be using the amount raised for hiring and team expansion, marketing and optimising tech infrastructure

Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report

Company, popular in India with its range of 'toxin-free' products last valued at $1.2 bn.

How Google, Sequoia are supporting growth plans of women-led startups

A slew of accelerator programmes are reaching out to a segment that has been attracting a tiny share of the funds raised by the entire Indian startup ecosystem

Edtech firm Toprankers raises Rs 31 cr Series A from Sixth Sense Ventures

Edtech venture Toprankers has raised $4 million (about Rs 31.3 crore) in Series A funding from consumer fund Sixth Sense Ventures.

Unicorns to take on lease 8.1 mn sq ft office space in 2022-24: Report

Startups with a valuation of $1 billion or more, also called unicorns, are likely to take on lease 8.1 million square feet of office space during 2022-24 period across six major cities, a report said

Drone start-ups: Adani to Ambani, billionaire Indians race for supremacy

Adani, Ambani, Shriram have acquired small drone start-ups to find a foothold in the sector