Their firm, Geniemode, today has over 250 suppliers in India and Bangladesh to serve some of the biggest names in fashion globally
The SaaS segment witnessed a 20 per cent increase in funding during CY22 compared to CY21 and accounted for nearly 25 per cent of all funding activity this year
Many startups are using this time to tighten operating models and optimise their cash runway by deferring discretionary spends and investments
21 startups entered the unicorn club in 2022, highest from SaaS category
Construction services start-up will use the funding for technology, business expansion
There were 22 unicorns in 2022, compared to 46 in 2021, and average funding before the unicorn round was around $160 million
What does the 2022 funding winter indicate for start-ups? Does India need PLI to become a toy manufacturing powerhouse? Will the markets see a time-wise correction in 2023? What is IPEF? Answers here
2022 was a year of reckoning for Indian startups. New unicorns halved compared to last year, and mass layoffs followed. So, how did this year change Indian start-ups? How are they prepared for 2023?
Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession
India added fewer unicorns this year, as the number of companies that gained billion-dollar valuations fell by half from a year earlier
Indian sector has more than 650 firms and is valued at $1.3 bn to be second biggest in the world
Start-up's app helps eateries sell their surplus food and gives customers discounts
The other trend was acquisitions. Many acquired to expand rather than invest to grow organically. Of course, this period did not see a single unicorn
Late-stage funding fell by 45 per cent from $29.3 billion between January to November 2021 to $16.1 billion for the same period in 2022
While its rivals battled to stay afloat, PhysicsWallah has recorded consistent growth since the pandemic
Flash is creating a digital identity that power shoppers can use across retail sites
Bengaluru leads in terms of space leased by such companies, says JLL report
Flags off Hall of Fame 2.0 with TiE Bhubaneswar
Founder and CEO of the Hiranandani Group Niranjan Hiranandani has made an investment in Goodfellows, a start-up offering senior citizens companionship
Firm provides affordable diabetes care with a focus on people who don't have access to specialists