Page 16 - Indian Startups

Arrivae raises Rs 50 crore in funding round led by Rakesh Jhunjhunwala

Furniture startup Arrivae on Thursday said it has raised Rs 50 crore in the first external funding round led by ace investor Rakesh Jhunjhunwala

Boom time: 31 and counting, happy hour for India's unicorn club

The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen

Govt policies directed at fostering competition in economy: CEA

The focus of the government policies in the last seven years has been on enabling competition in the economy, CEA K V Subramanian said, stressing this is partly responsible for growth of startups

Edtech startup upGrad crosses $210 million annual revenue run rate

The firm has chalked a multidimensional growth plan

Facebook plans to boost investment in Indian innovative start-ups

'We will have exciting things to share over the next few months (on Jio Mart-WhatsApp collaboration)', said Ajit Mohan

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle

Will superior voting rights inspire Indian startups to list domestically? What will be the impact of global oil prices on India? How to ease Covid-related travel hassles? All answers here

Artha Venture Fund launches programme to invest in Indian startups

Venture capital firm Artha Venture Fund on Thursday announced the Artha Access programme to make early-stage investments in Indian startups from its recently closed fund of Rs 225 crore.

Global Innovation Index: Startup ecosystem propels India into top-50

New enterprises have helped India overcome inadequate govt R&D as well as innovation infrastructure. India now has the third highest number of startups in the world, after the US and UK

FrontRow raises $14 million in funding from Eight Roads Ventures, others

FrontRow, founded by Shubhadit Sharma, Mikhil Raj and Ishaan Preet Singh, nine months ago and has scaled to 50,000 paid learners across over 2000 cities worldwide

China tech crackdown is India's gain: US venture investor March Capital

Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.

Blue-collar worker app Apna becomes a unicorn in under two years

Apna helps bottom-of-the-pyramid job seekers with setting up simple profiles requiring only their name, age and skills.

Biotech startup immunitoAI raises $1 million in seed funding

Biotech startup immunitoAI on Wednesday said it has raised $1 million (over Rs 7 crore) in a seed funding round led by early-stage venture capital fund pi Ventures

Start-ups: Does one participate?

The sky-high valuations are worrying, but can investors just ignore these companies?

Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3

India becomes the third largest startup ecosystem in the world

'Not typical startup founders': BillDesk trio reap $500 mn each with sale

M N Srinivasu, Ajay Kaushal and Karthik Ganapathy are selling their digital payments company to Prosus NV.

Trifecta Capital launches third fund with target corpus of Rs 1,000 cr

The fund aims to serve the rapidly growing financing opportunities for Indian start-ups

Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round

The funding was led by Netherlands-based impact investor C4D Partners, an early investor for the last 4 years

Online debt arranging platform CredAvenue to double headcount by March 2022

CredAvenue, the online debt arranging platform from Vivriti Capital, plans to double its headcount to 700 by March 2022 to drive its accelerated growth plans

China's crackdown on tech firms opens short window for Indian starts-ups

Beijing's decision to crack down on its tech start-ups has opened a window of opportunity for domestic start-ups, but it could close soon too

Govt launches SAMRIDH scheme to help startups in their initial phase

SAMRIDH will create a conducive platform for Indian software product startups to enhance their products and secure investments for scaling their business