Page 14 - Indian Startups

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

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