Page 13 - Startups

Spiritual eCommerce Brand Japam Closes Friends & Family Round and Sets Sights on Seed Funding

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Boon raises $5 mn in funding from Spanish Roca Group Ventures, others

Water technology startup Boon has raised USD 5 million, (around Rs 42 crore) in a mix of equity and debt funding round, the company said on Wednesday. The funding was led by Spanish Roca Group Ventures, and Roca Group's Venturing Fund, among others. It is the first-ever investment from Roca in a startup in India, according to the statement. Roca has earlier acquired Parryware in India in 2008. Co-founded by IIT Kanpur alumnus Vibha Tripathi and PennState alumnus Advait Kumar in 2015, Boon helps purifiers to monitor the quality of every single drop of water with app-based quality adjustments. Boon uses its patented technologies as predictive filter maintenance using AI. ***** *Ninecamp Ventures raises USD 2 mn Food and beverage firm Ninecamp Ventures has raised USD 2 million (about Rs 16 crore) in a funding round from angel and non-institutional investors. The funding round witnessed participation from a cohort of esteemed investors, including Mohit Gupta, Gaurav Gupta (Former

On its 3rd anniversary, Zepto logs highest-ever order volume at 750k

As part of a special marketing campaign, Zepto partnered with several brands for giveaways to as many as 800,000 consumers

ADIF, PHDCCI sign agreement to boost Indian startup, innovation ecosystem

Industry bodies Alliance of Digital India Foundation (ADIF) and PHD Chamber of Commerce & Industry (PHDCCI) have signed a two-year agreement to foster the Indian startup and innovation ecosystem. The two-year memorandum of understanding (MoU), signed at PHD house New Delhi office, seeks to create an environment that fosters independent thinking and cultivates groundbreaking ideas across various sectors of the Indian economy. ADIF associate director Prateek Jain said the alliance is a crucial step to democratise India's digital entrepreneurship landscape. "This MoU goes beyond conventional support mechanisms and focuses on architecting a holistic ecosystem that nurtures innovation at every stage of a startup's journey. By leveraging PHDCCI's vast industry connections and our digital expertise, we are laying the groundwork for unprecedented growth and innovation in India's startup scene," Jain said. The initiative will involve workshops, training sessions, and seminars designed to ..

IndusDC earmarks Rs 100 crore to co-build hard tech startups in India

The venture studio will identify technologies and lab stage ideas related to CO2 emission reduction primarily in the industrial and energy sector

AMD and IIT-B join hands to support semiconductor startups in India

The startups will work on devising ways to significantly reduce the energy consumption utilised by conventional neural networks

Union Budget 2024: Here's what startups, investors expect from Modi 3.0

Expectations rise for investments, simplified tax norms, and sectoral support

Lonely dead pool club: Shutdowns fall 99.8%, startups face a zombie threat

While founders have now become more prudent, there are firms that continue to burn cash to survive and may soon end up in the dead pool once their runway ends

Cash-flush quick-commerce unicorn Zepto loads up talent cart ahead of IPO

Ahead of its public listing, Zepto plans to ramp up hiring, aiming to add between 400 and 500 employees, focusing on engineering, product, category, growth, and marketing roles

Investors pour $27.1 billion into AI startups, defying a downturn

Now, the AI boom that started in late 2022, has become the strongest counterpoint to the broader startup downturn

TDF schemes promoting 'Aatmanirbharta' in defence sector, says MoD

Start-ups & MSMEs awarded for enhancing cutting-edge capabilities

China's AI startups head to Singapore in pursuit of global growth

AI entrepreneurs in particular are accelerating the shift because trade sanctions imposed by the US on their homeland block their access to the newest technologies

Pine Labs plans $1 billion IPO in India after shift from Singapore

The company may seek a valuation of more than $6 billion in an IPO, according to industry sources

Charting Your Path: Startups, Established Firms, or Entrepreneurship

MBA graduates often grapple with the decision of whether to pursue mainstream employment or follow their entrepreneurial aspirations.

Alyve Health raises $5.5 mn in Series A funding led by Axilor Ventures

Health tech platform Alyve Health on Tuesday said it has raised USD 5.5 million (over Rs 45 crore) in a Series A funding round led by Axilor Ventures. The investment round saw participation from 1Crowd Fund, an existing investor, as well as Inhealth Ventures, a healthcare-focused fund, the company said in a statement. The company also raised venture debt fund from Trifecta Capital as part of this round, it added. The new funds will be utilised for strategic growth initiatives across key areas like platform enhancement, talent acquisition, expansion of operations, amplification of services, and higher member engagement, Alyve Health said. "This investment empowers us to continue innovating on our product and technology," Alyve Health Co-founder & CEO Shashank Avadhani said. Alyve Health provides healthcare services to individuals, employers, and other businesses with plans covering multiple healthcare journeys like doctor consultations, diagnostics, medicine purchases, dental ...

The Pant Project raises $4.25 mn in series-A round led by Sorin Investments

The D2C fashion brand plans to double down on its omnichannel retail strategy and cross Rs 100 crore in revenue within the next 18-24 months

FDI, R&D, manufacturing key to achieve $5 bn defence export: Study

The survey, conducted across 15 cities in India, saw participation from over 130 national and international arms, ammunition, and security equipment manufacturers, exporters, and startups

Growing presence: D2C brands hitch a ride on the quick-commerce wagon

D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well

IPO-bound firms seek advice amid market fluctuation after Lok Sabha results

Lok Sabha elections 2024 results: IPO-bound companies are consulting experts for guidance amid the fluctuations in the stock market

The case of missing startup icons

Will India get enduring role models of its own?