Page 14 - Startups

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?

India-US CEO Forum working group launches knowledge-sharing platform

A working group of the India-US CEO Forum on Tuesday launched a bilateral knowledge-sharing platform. The group is focused on entrepreneurship, inclusive growth, and promoting small businesses. The platform was launched in partnership with United Services Institute (USI) and CyberPeace Foundation, during the dialogue on inclusive growth, unlocking trade, empowering Startups and MSMEs in the Digital Age at USI. The dialogue also saw the launch of Prakshepan, an innovation Hackathon, and Cybersecurity & AI Capacity Building and Skilling Workshops for MSMEs and startups. The workshops will focus on protecting MSMEs and startups from online threats, and provide these businesses with the knowledge and tools necessary to build resilient security structures. Subi Chaturvedi, Chief Corporate Affairs & Public Policy Officer, Global Senior Vice President, InMobi, and Sherpa, Working Group 7, said, "The dialogue and the knowledge-sharing platform will enhance the bilateral relationship ..

Musk's startup xAI raises $6 bn in fresh round of funding, valued at $24 bn

The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital

Flipkart to Swiggy: Valuations of top startups on path to recovery in 2024

After inflated valuations in 2022 and subsequent markdowns, the companies are on the path to recovery to keep their valuations realistic as they aim for profitability

40 start-ups extend support to Digital Competition Bill in a letter to MCA

In the letter, the start-ups have also requested an upward revision of the thresholds for designating Systematically Significant Digital Enterprises (SSDEs)

Life and leave: 84% of startups allow employees to accumulate earned leave

Most startups don't give leave for menstruation but many do for miscarriage

Byju's slashes course fees by 30-40%, ups sales incentives by 50-100%

Edtech firm Think and Learn -- owner of Byju's brand -- has slashed course subscription fees by 30-40 per cent and hiked sales incentives by 50-100 per cent, according to sources. Byju's Founder and CEO Byju Raveendran, who has started handling the company's daily operations, in a meeting with 1,500 sales associates and managers, has announced change in sales strategy inclined towards scalability and flexibility. "The annual subscription for the Byju's Learning App is now available at a yearly early price of Rs 12,000 (inclusive of taxes), while Byju's classes and Byju's Tuition Centres (BTC) are priced at Rs 24,000 and Rs 36,000, respectively, for a complete year of classes," sources privy to the development said. This is almost a 30-40 per cent reduction in rates, they said. Byju Raveendran has also promised to settle all dues of the sales team with higher incentives. "The average sales salary is Rs 40,000 per month. So, close a couple of sales, and you can get not just your sal

Legacy firms outperform modern, got 75% of PE-VC investments in 2023

75% of PE-VC investments were directed towards conventional sectors such as healthcare, retail, energy, advanced manufacturing

From startup to prominence: Wheebox rewriting talent assessment with AI

Wheebox's assessments leverage extensive datasets to identify skills and traits crucial for success, while also ensuring a secure AI-driven evaluation system

Setu unveils Sesame, India's first domain-specific LLM for BFSI sector

Developed in collaboration with indigenous AI research firm Sarvam AI, the company said this marks a "ChatGPT moment" in financial services