Page 33 - Startups

HR tech start-up Keka raises $57 mn in series A funding by WestBridge

The company helps businesses by automating payroll, recruiting, performance management

Pocket FM announces US foray, crosses $25 mn in annualised revenue run rate

According to Statista, audio OTT market in India is expected to be worth $2.5 billion by 2030

Doola raises $8 million in funding from Nexus Venture Partners

The funding round was led by Nexus Venture Partners with participation from the Y Combinator Continuity Fund, among others

New start-up scheme to focus on biz ideas, unicorns in Uttar Pradesh

Under the new framework, the start-up seed capital/marketing support sum has been hiked by 50 per cent from Rs 5 lakh to Rs 7.5 lakh

Hiring of top-level professionals slowing down in Indian startups: Report

In most startups, the CEOs are now participating in the hiring process for senior-level professionals

Kerala govt launches scheme to reimburse tech license cost to startups

Kerala has launched a scheme to reimburse the expense incurred by the nascent startup ventures to procure technology licenses from government research institutions in the country to commercialise and scale up their products. Under the project titled 'Technology Transfer Scheme', implemented through Kerala Startup Mission (KSUM), the government will reimburse upto Rs 10 lakh to startups purchasing or sourcing technology from government research institutions and working on them to develop products that could be commercialised. KSUM CEO, Anoop Ambika, said this scheme will help startups in the State to gain greater access to know-how required for turning their ideas into marketable products. KSUM, in a release said, it has invited applications from eligible startups to avail the benefits offered by the scheme. "This is a highly rewarding scheme that will encourage our startups to innovate on their ideas without bothering about the cost involved," Ambika said. As part of the fiscal .

350 employees in Udaan to get pink slip in pursuit of profitability

India's largest business-to-business e-commerce firm sacked 180 employees in June

India's ambassador to US asks CEO of TAC Security to help start-ups

India's ambassador to US Taranjit Singh Sandhu has asked Trishneet Arora, Ludhiana-born 28-year-old founder and CEO of TAC Security, to help startups in India. Arora's prodigious cyber security skills are making a mark not just in India but even globally. "From Punjab to California! Good interaction w/ young entrepreneur @TrishneetArora, Founder & CEO @tac_security, leading cyber security firm," tweeted Sandhu after meeting Trishneet. According to Sandhu's tweet, they discussed cyber threats, technology and knowledge parternship and the importance of mentorship and skill development. Sandhu said he encouraged Arora to help startups in India including those in Punjab. Arora said, "He (Sandhu) was quite impressed with what we are doing at TAC Security and encouraged me to help entrepreneurs in India and Punjab, my native state." "I will certainly give back to my motherland in more ways than one," he said, adding that ambassador Sandhu is immensely concerned about the future of ...

India is becoming world's start-up capital: Microsoft India's Sangeeta Bavi

Start-ups going through ups and downs is a reflection of the economy and the market, says Bavi

Several startups in India may lose their Unicorn status, says report

In total, around 105 start-ups in India attained the status of Unicorns between 2018 and 2022 but the active number of unicorns has now been reduced to 84

Made-in-India VCs continue to grow in numbers despite economic headwinds

145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data

PhonePe in talks to raise $700 million at $12 billion valuation

Digital payments firm seeking investors' support to scale up operations and compete with rivals

Top headlines: CCI penalty on Google, funding winter for startups, and more

Business Standard brings you the top headlines at this hour

Giving back: Start-up entrepreneurs double their donation in FY22

Top 3 from start-ups are Nithin and Nikhil Kamath of Zerodha, Ronnie and Zarina Screwvala of Unilazer group and ex-Flipkart founder Binny Bansal

From layoffs to cost-cutting, start-ups brace for long funding winter

Favourite haunts of start-up community in Bengaluru and Gurugram reflect the sombre mood

We bet on startups catering to the middle of the pyramid: Arkam co-founders

In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive

Pandemic effect: Fading or going strong?

Fintech, Edtech, Healthtech- most trends that got people through the pandemic have lost their charm. WFH, however, continues to win hands down among employees

D2C meat brand Pescafresh to expand presence in Bengaluru, Gurugram

Will set up processing units conforming to HACCP and FSSAI standards at both locations by November

Kaivalya Vohra: The Standford dropout who took startup ecosystem by storm

In an interview with Business Standard, Kaivalya Vohra talks about dropping out from Stanford and starting his venture, the current startup scenario and the future of quick commerce in India

Edtech platform Vedantu takes majority stake in Deeksha for $40 mn

This partnership seeks to leverage Vedantu's technology and integrate it into offline centers to create a scalable hybrid model