Page 9 - Indian Startups

Startups reflect force shaping economy in the networked age: LG Sinha

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday reiterated that the administration is committed to creating a start-up ecosystem and ready to provide access to capital and other resources to start-ups and investors. LG inaugurated 'Igniter' start-up festival of J&K organised by Jammu University in collaboration with J&K start-up association, Tourism department, J&K Bank and J&K Rural Livelihood Mission. The mega event has brought together various stakeholders and investors on one platform. "I strongly believe start-ups reflect the force shaping the economy in the networked age. University and college campuses are known as a liquid platform of ideas and the best we can do is to create an environment so that great ideas can be realized", Sinha said while addressing the function here. LG said that the administration is committed to creating a start-up ecosystem and is ready to provide access to capital and other resources, fostering innovation and ...

India has significant amount of dry capital for startup ecosystem: VCs

Fintechs have been among the five best-performing sectors in terms of funding since 2018, with an exception in 2020 when it came sixth

Exits abound for Indian angel investment platforms despite funding slowdown

As venture capital funding slows down in India, early-stage investors find solace in lucrative exits, bolstering the credibility and appeal of the angel investment asset class

BimaKavach receives IRDAI's approval for direct insurance broking

In 2022, the company secured $2 million in funding from WaterBridge Ventures, Blume Ventures, Arali Ventures, and Eximius Ventures

ICAR-IARI signs pact with IIT Kanpur to support incubators, startups

Agriculture research body ICAR-IARI has signed an agreement with IIT Kanpur to support incubators and startups. "A Memorandum of Understanding (MoU) was signed today between Pusa Krishi, ICAR-Indian Agricultural Research Institute here and Start-up Incubation & Innovation Centre (SIIC), IIT Kanpur," an official statement said. Pusa Krishi is a special-purpose initiative of ICAR-IARI (Indian Council of Agricultural Research Indian Agricultural Research Institute). It is an agri-innovation hub transforming agriculture through entrepreneurship and innovation. The MoU was signed virtually by Viswanathan Chinnusamy, Joint Director (Research) IARI and Professor Ankush Sharma, Department of Electrical Engineering, SIIC IIT Kanpur. Through this pact, both sides will provide vital support to incubators and startups, fostering their growth and success. Pusa Krishi and SIIC IIT expressed their commitment to explore and establish further collaborations to drive advancements and innovations .

Insurtech player InsuranceDekho raises $60 mn in Series B funding round

This is the second fundraise for the Gurugram-based startup in 2023, taking its total fundraise to $200 million

Zepto tops startup list as most preferred workplace among professionals

14 of the 20 startups on this year's LinkedIn list are new entrants

India fourth in number of startups with over $50 mn funding: Scaleup Report

In the survey involving 12,400 startups, India is ranked fourth with 429 scaleups, after the US (7,184), China (1,491), and the UK (623)

Top 10 business ideas to start making money from home, check the list below

There are many business ideas that you can begin from your home with very little investment, here are the top 10 business ideas from home to start earning today

Justmyroots buys The State Plate to expand intercity food delivery service

With the acquisition, the company said customers can anticipate a broader range of high-quality, non-perishable food items as it enters the regional packaged food sector

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