Page 9 - Startups In India

Startups generate more employment than big companies: Sanjeev Bikhchandani

Sanjeev Bikhchandani discusses the growth of Info Edge from startup to a tech giant, and the crucial role of startups in India's growth story at Business Standard Manthan

BS Manthan: Plenty funds for right startups, Rajesh Magow on funding winter

Business Standard Manthan 2024: Rajesh Magow, the CEO of MakeMyTrip, on Thursday said he disagreed with the perception that there was a fund crunch in the startup ecosystem

Startups wait for spring: Funding winter appears over but challenges ahead

After battling funding winter and scandals, the sector focuses on profitability

A year of hope, new beginnings

Fintechs are under regulatory scanner and edtech has its own challenges. So, what next for India's startup sector?

CY24 trend so far: Two unicorns, but funding to startups down 29%

India 4th-largest recipient of funding

Uber boosts eco-mobility, backs Indian startups with sustainovate challenge

Uber is committed to achieving net-zero emissions by 2040 and has been continuously working with governments, partners, think tanks, and others to address global sustainability challenges, the company

Binny Bansal's Three State Ventures invests Rs 207 crore in Curefoods

The funding would help the startup to compete with firms like Rebel Foods, Biryani by Kilo and EatClub

Startup Mahakumbh 2024: A rite of passage for India's innovators

Startup Mahakumbh is expected to host more than 1,000 startups, as many investors, 50 unicorns, 500 incubators and accelerators, 5,000 delegates from 23 countries, and 50,000 business visitors

India's startup scorecard

For the startup ecosystem in India, the scorecard so far has been a mixed bag

Quick commerce major Zepto introduces Rs 2 platform fee for select users

Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders

Time taken for startups to get Series A funding longest in over a decade

Waiting for institutional round of financing could extend to 86 months compared to 81 last year

Meesho initiates largest ESOP buyback programme totalling Rs 200 cr

Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this program, the company said in a statement

Zopper eyes expansion into EMs, targets 50-60% growth in India in 3 years

Zopper plans to expand its distribution ecosystem and strengthen partnerships with banks, non-banking financial companies (NBFCs), travel portals, brands, and retail chains

Centre to develop non-personal data collection platform for India Inc

Govt plans to develop foundational models with a capacity of more than 100 billion parameters, said Union Minister Rajeev Chandrasekhar

Bharat Jodo Nyay Yatra: No startups in the country, claims Rahul Gandhi

Gandhi claimed the Centre had waived off loans to the tune of Rs 16 lakh crore of big corporates but was unwilling to provide the same relief to farmers, students and labourers

abCoffee raises $3.4 mn in funding round led by Nexus Venture Partners

Specialty coffee company says financing will help it expand supply chain

Google's billing policy dispute: Startups want apps restored on Play Store

App developers said Google was using its dominant position to charge exorbitant commissions of 15-30% for its services

PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments

The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline

Fintech compliances have to be simplified, made user friendly: Sitharaman

She said that the emphasis of the government has been on system reforms to throw out unnecessary laws that may become an instrument in the hands of rent-seekers

Startups backbone of new India, it's our time under the sun: Piyush Goyal

Goyal said that the event will be a platform to showcase India's success stories built over the last decade. It would also showcase to the world that "India has today emerged as a global leader"