Page 14 - Indian Startups

Powering a range of devices to give specially-abled a sense of independence

Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise

This robot company is building an Uber for autonomous material movement

Hachidori's robots do not need expensive infra like magnetic strips or QR codes. The firm aims to provide Autonomous Mobile Robots (AMR) that are easily deployable and affordable

Start-ups in India created value, wealth even during pandemic: PM Modi

In his monthly 'Mann ki Baat' radio broadcast, the prime minister said that on the fifth of this month the number of unicorns in India reached the 100-mark

Esports fan engagement startup STAN raises $2.5 mn in seed funding

The round was led by venture capital firm General Catalyst, alongside other VCs including Better Capital and Eximius Ventures

PM Modi to launch MP govt's start-up policy on May 13 at virtual event

The event will be held at the Brilliant Convention Centre in Indore in the presence of MP Chief Minister Shivraj Singh Chouhan, the official from the public relations department said

TMS Ep163: Indian unicorns, real estate recovery, US Fed Policy, spam bot

How sustainable are Indian unicorns? Will a rise in input cost and interest rates hit real estate recovery? What are the markets expecting from US Fed Policy? What is a spam bot? All answers here

How sustainable are Indian unicorns' business models?

India has the highest number of unicorns after the US and China. Let's examine if they are creating a sustainable business model, and if their valuations are on par with their fundamentals

DBS reports lower Q1 profits; partners Indian startups to lift business

It was the second-best quarter in the bank's history and net profit was 30% higher compared with the previous quarter, and higher than the average estimate of SGD 1.63 billion from six analysts polled

Newton School secures $25 mn in funding led by Steadview Capital

The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said

Factors that could slow down the spawning of Indian unicorns in 2022

Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.

India will have over 250 unicorns by 2025, says Iron Pillar report

The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem

Performance management startup Mesh raises $11 mn for US, APAC expansion

The Mesh platform continues to successfully manage a wide pool of modern soon-to-be unicorns and unicorns across sectors, including ShareChat, CRED, Groww, Pipefy and others.

Stage set for PE majors to make a splash in India's tech startup gold rush

Indian tech startup ecosystem has attained a threshold of maturity in the last few years which makes it attractive for large PE players

Indian start-ups raise $12 bn during first three months of 2022: Report

Meanwhile, a recent report said that accelerated funding activity is expected to create over 100 unicorns in India during 2022

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

Number of recognised startups in India rises to 65,861, says govt

He said that the recognised startups are spread across over 640 districts and have reported a creation of more than seven lakh jobs with an average of 11 jobs being created by them

Indian husband and wife entrepreneurs mint own unicorns within a year

Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.

Cybersecurity startup Technisanct receives fresh investment of Rs 2 crore

The company said it received the investment with participation from Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY) and Surabhi Marwah (Partner-EY)

Indian startups, big firms aim to make digital economy personal: Adobe

New innovations in Adobe Experience Cloud are customising experiences for millions of people and from startups to big firms in India, the aim now is to make the digital economy personal, Adobe said

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises