Page 33 - Start- Ups

Talentedge's owner takes stake in upGrad at $2 bn value after integration

Edtech major upGrad on Thursday said it has integrated all of Talentedge's business, which will operate under its own name

Tamil Nadu to create 10,000 more startups by 2026, says Tansim CEO

Tansim is the nodal agency for start-ups in Tamil Nadu and is working on a new start-up policy to boost the new investor eco-system in the state.

I-T dept says found Rs 224-cr black income at Maharashtra-based unicorn

The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday

Volex acquires majority stake in inYantra Tech in $13-mn transaction

inYantra Technologies Pvt Ltd on Monday said UK-based integrated manufacturing-services and power products company Volex plc has acquired a majority stake in it in a transaction totalling $13 million

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Ninjacart launches $25-million agri seed fund for new-age start-ups

In addition, Ninjacart will invest in teams that have great tech abilities but may lack a solution or an idea at the moment

Accel raises $650 mn fund to invest in Indian and SE Asian start-ups

It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others

Dealshare raises $45 mn from ADIA in Series E round at $1.7 bn valuation

Aims for $3 billion of gross revenue run rate and operational profitability in next 12 months

Uniphore raises $400 million in Series E funding at $2.5 bn valuation

The round brings the Chennai and Palo Alto-based start-ups's total funding to date to $610 million

Start-ups working for debris management in outer space: Minister

Start-ups in the space sector are working on software solutions for debris management in outer space, Science & Technology Minister Jitendra Singh said here on Wednesday. Singh, who chaired a meeting of all the science ministries and departments, said more than 50 start-ups were working in the space sector and 10 of them had a funding of Rs 50 crore or more individually. He said science ministries and departments concerned were on the job applying different scientific solutions for sectors such as agriculture, land mapping, dairy, food, education, skill, railways, roads, Jal Shakti, power, coal and sewage cleaning. An official statement quoted the minister as saying that joint working groups were being set up between science departments and line ministries to speed up identification of the scientific applications for proposals and problems faced by them. Singh said so far 38 ministries have sought technology support in different sectors and over 200 proposals/requirements have ...

Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

'As $35 bn flows into start-ups, total deals soar 40% to $115 bn in 2021'

Of the total PE money, as much as USD 35 billion were pumped into start-ups alone: PwC India report

Kerala CM Pinarayi Vijayan to inaugurate 'Huddle Global' meet on Feb 19

A Blockchain Summit has been planned as part of the conference on the concluding day

India has added 34% more drone start-ups since new August guidelines

Average funding of top 10 start-ups has increased 10 per cent to $5.6 million

BharatPe investors may make stake sale painful for Ashneer Grover: Experts

BharatPe founder's demand for Rs 4,000-crore payout rests on shaky ground

Karbon Card raises $15 mn from Olive Tree, Harmony, Avenir and others

Existing investors Ramp, Mercury and Orios Venture Partners also participated in current round, which has taken the total amount raised by Karbon to about $32 million

Budget 2022: Fillip to start-ups, ESOPs by capping LTCG surcharge at 15%

At present, long-term capital gains on listed stocks are liable to 15% surcharge max, while other long term capital gains suffer a graded surcharge which goes up to 37%

Budget 2022: Battery swapping policy big booster for EVs, says industry

The Union Budget for 2022-23 aims at strengthening the whole ecosystem of the EV industry, which will spur the demand for green vehicles, the EV industry said on Tuesday.

Eco Survey: Share of start-ups in patent applications rise over 5x in 5 yrs

In 2019-20, the share of start-ups in total patents filed was 3.3%; share in total patents granted was 0.51%