Page 14 - Indian Startups

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

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