Page 35 - Start- Ups

100X.VC plans to invest in 100 early-stage start-ups this year

Combined valuation of first 5 batches of portfolio companies at $211 million

B2B manufacturing start-up Groyyo raises $4.6 mn led by Alpha Wave

Founded in July 2021 by Subin Mitra, Pratik Tiwari and Ridam Upadhyay, Groyyo has already partnered over 200 manufacturers across categories

D2C start-up Mamaearth becomes the first unicorn of 2022 with $52 mn round

Along with launching new brands, Mamaearth's parent company Honasa Consumer will continue expanding distribution for existing brands

10,000 start-ups built in last 6 months, says Modi in speech praising IITs

India has more than 75 unicorns, he says in speech crediting premier colleges for role in innovation.

India emerged as second biggest startup hub in world, says PM Modi

Prime Minister Narendra Modi on Tuesday said that India has emerged as the second biggest startup hub in the world, and this has been achieved majorly with the help of students from the IITs

How India's family offices are striking out on their own in start-up land

Not only that, 83 per cent family offices have an allocation to private markets that is more than 10 per cent of their overall asset distribution

Kerala start-up Allabout Innovation's virus neutraliser makes waves

The start-up's clients include BP Plc, DP World, UFO Movies, Indian Oil Corporation, Indian Airforce, and presidential palace in UAE

9 startups chosen at KSUM event to boost entrepreneurship among women

A two-day event organised by Kerala Start-up Mission, selected nine startups for funding aimed at boosting core female participation in various businesses.

Health-tech startup Pristyn Care raises $96 million in Series E round

Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round.

India becoming global hub for innovation with startup ecosystem: Goyal

Union Minister of Commerce and Industry Piyush Goyal on Tuesday said India is becoming the global hub for innovation with the third-largest startup ecosystem.

Chinese AI startup SenseTime postpones $767-mn Hong Kong IPO after US ban

SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetable

Grofers rebrands itself as Blinkit with pivot to instant commerce

Zomato, in July, said it has invested $100 million (around Rs 745 crore) for acquiring a minority stake of over 9 per cent in Grofers

Start-ups can be more successful with less govt interference: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the less the government interferes in the start-up ecosystem, the more potential it will have to be successful.

Byju's 13th most valued unicorn, first Indian start-up to reach $21-bn

India could surely have had more $10 billion plus start-ups in 2021 had it not been for the pandemic

Investing in start-ups? Forget FOMO, join JOMO: R Venkataraman

The kind of investing frenzy we are witnessing now usually happens at the fag end of the cycle

EV scooter startup Simple Energy to invest $330 mn for new Tamil Nadu units

Simple Energy plans to invest as much as 25 billion rupees ($330 million) in new capacity to make electric scooters, with support from the government in Tamil Nadu

Antler India to invest a third of corpus in Web3, blockchain start-ups

The VC firm will look to make the investments at ticket sizes of $250,000 and above.

Indian start-ups need $40 bn-$50 bn yearly to conquer world: Mohandas Pai

India's tech sector to employ 10 mn engineers in next 10 years, says former Infosys CFO at InFinity Forum

With seed money, Delhi govt school students have a shot at entrepreneurship

As many as 24 teams to feature in TV show; top 100 teams to be part of expo to meet entrepreneurs

India leading the world in field of start-ups: PM Modi in 'Mann ki Baat'

Asserting that this is an era of start-ups, Prime Minister Narendra Modi on Sunday said India is leading the world in this field with more than 70 start-ups having crossed the valuation of USD 1 billion. In his monthly Mann Ki Baat radio broadcast, the prime minister said that in any country having a large population of youth, three things -- ideas and innovation, passion to take risks and the 'can do' spirit-- matter a lot. When these three things come together, unprecedented results are achieved and miracles happen, he said. "These days we hear all around us, start-up, start-up, start-up. It is true that this is the era of start-ups and it is also true that in the field of start-ups, in a way, India is leading the world," Modi said. He noted year after year start-ups are getting record investments and this sector is growing at a fast pace. "Even in small cities of the country, the reach of start-ups has increased. Nowadays the word unicorn is much in discussion. Unicorn is a ...