Page 2 - Startup

Zee Entertainment partners Ideabaaz Tech to launch startup show

Zee and Ideabaaz Tech launch 'Ideabaaz', a startup show to discover and fund entrepreneurs from tier II and III cities, with global broadcast reach via Zee TV and ZEE5

Training, secure supply chains key to success of circular startups: Report

Good training and mentoring, helpful government policies and keeping supply chain data secure are among key factors that help "circular startups" succeed, according to a report by Indian Institute of Management (IIM), Lucknow. Circular startups are businesses that are designed from the start to reduce waste, reuse materials, and make efficient use of natural resources, rather than the traditional "take-make-dispose" model. The research published in the Business Strategy and Environment journal offers insights into the key factors that help such startups succeed. According to Suresh Jakhar, Professor, Operations and Supply Chain Management, with rising global temperature and fast-depleting natural resources, this study offers insights into circular models that have become critically important. Projections show that global usage of natural resources is expected to double by 2050, posing serious environmental and economic risks. "The Circular Economy (CE) and Industry 4.0 (I4.0) ha

Attractive listing: Sebi eases IPO, delisting norms for startups, PSUs

The clarifications regarding the issuance of employee stock ownership plans (Esops) in startups have brought relief to founders

Gurugram-based Darwix AI raises $1.5 million to scale product, global reach

Darwix AI has raised USD 1.5 million (about Rs 13 crore) in funding from Rebalance, IPV, JITO Incubation and Innovation Foundation, Growth Sense, and angel investors. The Gurugram-headquartered firm looks to deploy the fresh funds towards product development, hiring, and market expansion, according to a company statement. "Our goal is to offer a unified, generative AI stack that not only understands but also elevates every customer interaction with actionable intelligence and automation. This fundraise gives us the fuel to double down on product innovation and expand our US footprint," Ajay Sethi, Co-founder of Darwix AI, said. *** Saswat Finance raised USD 2.6 million * Fintech platform Saswat Finance has raised USD 2.6 million (about Rs 22 crore) in a pre-series A funding round led by Ankur Capital. The Mumbai-headquartered firm will use the capital to expand its tech capabilities, add new financial products to the platform, and scale operations across Maharashtra, Karnataka,

Zepto scales fresh supply chain, sells 22 lakh units daily in May

Zepto quadruples daily fresh produce sales to 22.1 lakh units in May by sourcing directly from farmers via 70+ hubs and using tech to optimise procurement and delivery

Operator-led startups outpace peers in funding speed and deal size

A Tracxn report commissioned by RTP Global finds operator-led startups outperform others in funding speed, size and Seed-stage success across 2022-24 in India

Stride Ventures lends Rs 85 crore to Wow! Momo for national expansion

Backed by strong unit economics and omnichannel momentum, Wow! Momo plans to enter 100+ cities and scale its store network to over 1,500 in the next three years

With an eye on IPO, 5 startups in process of reverse-flipping: Bay Capital

Metrics such as customer acquisition cost (CAC), lifetime value (LTV) and retention rates are now well understood, making it easier for startups to communicate their value propositions

EaseMyTrip 2.0 to back high-growth travel, mobility, and niche start-ups

Travel tech platform EaseMyTrip on Monday announced the launch of its "next phase of growth", saying the company will invest in high-potential, scalable businesses while expanding its footprint into new and emerging verticals. Titled EaseMyTrip 2.0, the company said the initiative marks a major strategic pivot whereby it will acquire up to 49 per cent equity in selected businesses. The sectors targeted for strategic investment cover both core and adjacent areas where EaseMyTrip sees strong growth potential. In the travel domain, the company is looking to partner with businesses involved in domestic and international holidays, religious and spiritual tourism, student and education travel, MICE (Meetings, Incentives, Conferences, Exhibitions), luxury travel experiences, chartered flights, air ambulance services, and last-mile mobility, including airport transfers and intercity cab services. In addition, EaseMyTrip 2.0 will explore adjacent verticals that complement its core travel ..

Quadria closes $1.07 bn healthcare fund, seeks growth in India and S Asia

Singapore-based company says it has largest dedicated healthcare PE fund for South and Southeast Asia

Flipkart VP Ashish Vijayvergiya to launch new startup within company fold

Flipkart's Ashish Vijayvergiya to lead a new internal venture, following the model of earlier in-house startups like PhonePe and super.money

Startups, MSMEs filed 310% more patents in past 5 years: Official

Patent filings by startups and MSMEs have increased by 310 per cent in the last 5 years from 1,492 in 2018-19 to 6,120 in 2023-24, an official said on Thursday. N Ramchander, Joint Controller, Controller General of Patents, Designs and Trademarks, further shared that in about three years over 2.4 million students and faculty across India have been educated about IP rights through the National Intellectual Property Awareness Mission launched in 2021. Addressing an event organised by ASSOCHAM, he informed that the filing of patent applications in India has surged by 116 per cent rising from 42,763 in 2014-15 to 92,172 in 2023-24. "Patent grants have been an even more remarkable increase of 1,624 per cent, jumping from 5,978 in 2014-15 to 103,057 in 2023-24. India has seen biggest change in resident and non-resident distribution over past 10 years with the share of resident filling increasing from 24.8 per cent in 2013 to 60 per cent in 2024," said N Ramchander. India's IPR policy has

Recognised startups spared Section 68 scrutiny, others under watch: CBDT

The clarification comes amid income-tax notices issued to startups for foreign funding routed via Singapore

Zeta bets on modern code to rewrite $300 bn banking software market

The aim is to tackle a long-standing issue: core banking systems remain outdated, built on decades-old mainframes and COBOL code

Byju Raveendran files FIR against former Byju's RPs, EY, and Glas Trust

Valued at $22 billion in 2022, Byju's has seen its fortunes almost wiped out due to a massive cash crunch, regulatory issues and disputes with investors

Focus should be on product-led innovation models: Meity Startup Hub CEO

During the Startup Mahakumbh, Panneerselvam Madanagopal, chief executive officer (CEO) of Meity Startup Hub, urged young founders and entrepreneurs to move beyond service-driven models

Work-life balance is not the startup game: LinkedIn Founder restarts debate

LinkedIn founder Reid Hoffman argued that startups are inherently demanding and require full commitment, giving examples from his own experience with building the employment-focused online platform

Shark Tank Dreams? Here’s How to Fulfil them!

How do you impress the Sharks and build a standout brand? CEO of Good Monk, Amarpreet Singh Anand, shares sharp insights in this episode of Manager’s Mantra.

Isar Aerospace completes first test flight of orbital launch vehicle

A rocket by a private European aerospace company launched from Norway on Sunday and crashed into the sea 30 seconds later. Despite the short test flight, Isar Aerospace said that it successfully completed the first test flight of its orbital launch vehicle by launching its Spectrum rocket from the island of Andya in northern Norway. The 28-metre-long Spectrum is a two-stage launch vehicle specifically designed to put small and medium satellites into orbit. The rocket lifted off from the pad at 12:30 pm (1030 GMT) Sunday and flew for about a half-minute before the flight was terminated, Isar said. This allowed the company to gather a substantial amount of flight data and experience to apply on future missions, Isar said in a statement. After the flight was terminated at T+30 seconds, the launch vehicle fell into the sea in a controlled manner. Video from the launch shows the rocket taking off from the pad, flying into the air and then coming back down to crash into the sea in a fier

Inflection Point Ventures marks 14 exits in 2024, aims for 20 exits in 2025

IPV portfolio companies include sports startup Fitso, electric ride-hailing platform BluSmart, and grocery delivery platforms Otipy and Milkbasket, among others