The startups will work on devising ways to significantly reduce the energy consumption utilised by conventional neural networks
Expectations rise for investments, simplified tax norms, and sectoral support
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
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
Now, the AI boom that started in late 2022, has become the strongest counterpoint to the broader startup downturn
Start-ups & MSMEs awarded for enhancing cutting-edge capabilities
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
The company may seek a valuation of more than $6 billion in an IPO, according to industry sources
MBA graduates often grapple with the decision of whether to pursue mainstream employment or follow their entrepreneurial aspirations.
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 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
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
D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well
Lok Sabha elections 2024 results: IPO-bound companies are consulting experts for guidance amid the fluctuations in the stock market
Will India get enduring role models of its own?
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 ..
The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital
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
In the letter, the start-ups have also requested an upward revision of the thresholds for designating Systematically Significant Digital Enterprises (SSDEs)
Most startups don't give leave for menstruation but many do for miscarriage