Page 15 - Startups In India

Atomberg raises $86 mn in series C funding from Temasek, Steadview Capital

Consumer appliances start-ups will use the financing to strengthen manufacturing, develop new products

Global family offices upbeat on Indian startup ecosystem: Lakshmi Narayanan

Lakshmi Narayanan says ambitious valuation, transparency issues still a major challenge for investors in Indian startup sector

India plans start-up exchange programme with Nepal, Bangladesh, Bhutan

India plans to bring in more cross-border start-up exchange programmes with neighbours

Proposed angel tax norms: Start-ups may get a funding boost, say top VCs

They said the proposed norms aim to expand valuation methodologies and eliminate price differentials between resident and non-resident investors

Start-up registrations near 100K-mark, no. of new ventures up since Covid

Top 5 sectors, including IT services, and health care, account for third of registered start-ups

Suneil Shetty backed zero fee food delivery app Waayu launches in Mumbai

Waayu's launch comes at an interesting time when the government-backed Open Network for Digital Commerce platform is gaining more traction, following Swiggy's decision to charge Rs 2 platform fee

EV ride-hailing firm BluSmart gets $42 mn in fresh funding to expand fleet

Start-up says will use fresh capital to 'go deeper' in Delhi NCR and Bengaluru

Government to come up with angel tax rules for start-ups before April 30

Rajeev Chandrasekhar had admitted that the angel tax was an 'aberration' and reforms were under consideration

Tiger Global-backed Koo lays off 30% of its workforce in a year

The micro-blogging website, however, says it is well capitalised at the moment after raising fresh funding recently

More investments for Byju's? Abu Dhabi's 10X AD, Apollo conduct talks

This comes as the edtech company is looking to raise at least $400 million to $600 million from investors

'Startups in India bringing down unemployment rate in the country'

Any NGO registered as a private limited company with a novel idea that meets the set criteria can be taken up as a startup

GCPL to invest Rs 100 cr in early-stage consumer startups in India

Godrej Consumer Products Limited (GCPL) on Saturday said they will invest Rs 100 crore in Early Spring, a new Rs 300 crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).

Byju's lenders ready for loan restructuring but want $200 mn prepayment

Byju's has volunteered to raise the interest rate for the loan by about 200 basis points (bps), but it has not agreed to the prepayment clause so far

Amid constant fear of layoffs, employees at startups looking for a way out

People working at these firms have witnessed their colleagues being shown the door. Many have left on their own or are looking for options

PM Modi is laser-focussed to help startups: MoS Rajeev Chandrasekhar

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Tuesday interacted with over 100 startups and venture capitalists (VCs), and assured them that the Narendra Modi government

SVB crisis: IBA panel meet next week may discuss strategy to back start-ups

Banks need a multi-pronged strategy to boost presence in start-up ecosystem following SVB's collapse, say experts

Dealing with next-gen listings

Investors are starting to realise that new-age companies are a completely different animal

18% of Indian startups have at least one woman founder: Nasscom report

The Nasscom report reflects on the rising presence of women in Indian start-up ecosystem

Aero India 2023: Rajnath Singh lauds 'new energy' of defence start-ups

Innovation aided by Make in India that prioritised local procurement, says tech firm Zeus Numerix

Over 25% of unicorns in India have been set up by repeat founders: Report

This expertise is what helped India become the third nation to have 100 unicorns, including the 24 that emerged in 2022