Page 9 - Indian Startups

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Startup20 forum, in its recommendations, called for a global definitional framework for start-ups as well as a policy framework to strengthen ecosystems within and across G20 nations

If next Indian unicorn wants to set up biz in Dubai, we will help: Badri

Badri who was on an India visit said that Dubai has laid out an ambitious $8.7 trillion economic plan in a decade under the Dubai Economic Agenda D33

Indian Bank opens specialised startup cells in 10 cities across the country

Public sector Indian Bank on Wednesday said it has set up 10 startup cells across different centres in the country to serve its specialised banking requirements. Accordingly, the startup cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai. Under the initiative, the Chennai-based public sector bank said a bouquet of tailor-made banking products and services were designed for the startups keeping in mind their unique and specialised banking requirements. It includes offering payment gateways, corporate credit cards and credit facilities apart from the existing products of the bank, a press release said. "The launch of the startup cells is a major milestone in Indian Bank's journey to support the growth of the startup ecosystem in India," Indian Bank MD and CEO S L Jain said after inauguration of the centre in Chennai. After the opening, Jain also virtually inaugurated nine startup cells in the different citi

Amid extended funding winter, debt funds keep Indian startups warm

The rise of debt ventures is of significance when one looks at the venture capital segment

Indian startups give salary hike of 8-12% in FY23, favour ESOPs: Study

Stock offer key component in increments for senior leadership roles, it says

Indian debt collection startup raises $50 million from Accel, Westbridge

Lenders are looking for efficient ways to communicate with borrowers and collect payments, a task that becomes more onerous in countries such as India that are experiencing rising credit growth

Are Indian startups running short on funding? Startup | Funding Winter | Business News

According to a PwC report, in H1CY23, the Indian startup ecosystem received the lowest amount of funding in the last four years. >

Profitable Indian unicorns to grow from 30 in FY22 to 55 in FY27: Report

Their total loss is expected to reduce from $7.1 bn to $1.9 bn, says Redseer

Razorpay launches operations in Malaysia market with payment gateway

Service simplifies payment collection, automates payouts, helps businesses to control cash flows

Fibe eyes upskilling space for lending even as ed-tech faces crunch

The company, which averages around Rs 40 crore in monthly topline sales in the category, partners with upskilling platforms to lend credit to consumers

Why are governance lapses increasing in Indian startup ecosystem?

Conversations around proper governance among startups are increasing

IPL's enterprise valuation rises 80% to hit $15.4 billion in 2023

The league takes the top spot among Indian start-up valuations

Indian start-ups raise more funds than China for 2nd straight year

No new unicorns were created during the first six months of the year, against 19 unicorns in H1 2022 and six in H2 2022

Meta launches $250K mixed reality fund for 5 Indian startups, details here

As a part of the programme, a group of up to five Indian engineers and new companies will get a monetary grant, alongside exclusive mentoring and direction from the Meta Reality Labs specialists

Turmoil at Byju's highlights hurdles for India's startup ecosystem

Already stuck in a 15-month funding slump, India's young companies are in danger of becoming collateral damage to the country's highest-profile startup crisis in years

Edtech major Byju's tells investors it will file 2022 earnings by Sept

Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022

Paytm leads $6 billion stock rally as Indian startups seek redemption

Shares of Paytm parent One 97 Communications Ltd. have surged 69%, adding more than $2.7 billion in market value, after it improved its profitability ahead of schedule

ESOP payouts, buybacks plummet among Indian start-ups amid funding winter

While the funding slowdown has had no significant impact on the issuance of ESOPs, a liquidity crunch has caused the once-overflowing well of ESOP buyback programs to run dry

Top headlines: SoftBank eyes Indian startups, Hindujas top UK rich list

Business Standard brings you top news at this hour

Online gaming unicorn MPL forays into Africa, launches its app in Nigeria

MPL, which became a unicorn in 2021, has partnered with Africa's gaming publisher Carry1st to launch in the continent