Page 28 - Start Ups

AI, data analytics firm Ganit raises funds; to double headcount by 2023

Ganit was founded in 2017 by three veterans of the data science industry Shivaprasad KT, Ashok Harwani and Hariharan R.

Start-up slowdown

Raising funds is becoming difficult

Maharashtra leads states with 13,541 govt-recognised startups: DPIIT data

Total number of approved startups at 73,205; Maharashtra's share is 18%

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

Startups should think of credit solution for small businesses: Vaishnaw

Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market

2021 start-up ranking: Gujarat, Karnataka emerges as best performers

Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana

2021 start-up ranking: Gujarat, Karnataka emerges as best performers

Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana

AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab

The company will deploy the capital in strengthening its technology, e-commerce operations & expanding its farm automation footprint to over 100,000 acres of farms by the end of FY23

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

SaaS startups gain favour as funding slows down for other companies

According to the Venture Intelligence data, year-to-date, SaaS start-ups have raised almost $1.8 billion

Foreign study co Leap raises $75 mn in Series D, total funding tops $150 mn

Round led by Owl Ventures with participation from Steadview Capital and Paramark Ventures, and existing investors Jungle Ventures and Sequoia

India-focused funds on road to raising around $9.8 bn in CY22: Data

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion

Second-sale realty broker Settlin raises $1 mn in pre-series A round

Powerhouse Ventures, Rajesh Sawhney-founded GSF Fund, and Bharat Matrimony founder among investors; funds to be used for expanding within Bengaluru

Groyyo raises $40 million in Series A funding round led by Tiger Global

These funds will be utilised to scale up the team across manufacturing clusters in India and Bangladesh and key demand belts in the United States and European Union

Teaching is still my first love: Alakh Pandey, CEO & founder PhysicsWallah

He is gearing up to launch educational content in nine languages, including, Bengali, Marathi, Tamil, Telugu, Gujarati and Malayalam

Beauty start-up Purplle raises $33 mn in funding, gets unicorn status

It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.

Chennai-based SaaS co Kissflow launches new low-code/no-code work platform

Platform unifies the entire spectrum of work management for enterprise-wide users. This includes end-users, teams, team managers, process experts, citizen developers and IT developers

Garuda Aerospace picks 'farmer' MS Dhoni as shareholder, brand ambassador

To have MS Dhoni as a part of the Garuda Aerospace family is honestly a dream come true, says Garuda Aerospace CEO, Agnishwar Jayaprakash

Animal husbandry startups offer hi-tech solutions to livestock sector

The Startup developed a series of farms and the necessary ecosystem that ensures that the milk drawn from the cows reaches the collection centre faster and without contamination

Abu Dhabi looks to house more Indian startups in Hub71 ecosystem

The Emirate of Abu Dhabi is keen on housing more Indian startups in its 'Hub71' ecosystem after having already met with some successes, officials said.