Page 35 - Startups

PM Modi airs 3-point initiative to boost SCO countries' collective rise

PM Modi cited start-ups, traditional medicine, and food security as domains where India can pioneer a collective initiative for the region.

Several app developers may soon have to pay 6% commission to Google: Report

This comes after Google announced a change in its billing system allowing the developers to pay via mechanisms other than the Google Play billing system

Edtech start-up Leverage Edu plans to double workforce in next 12 months

This comes after Leverage Edu raised $22 million in series B funding in March earlier this year, bringing the firm to a valuation of $120 million

Edtech start-up upGrad acquires corporate training solutions firm Centum

Company led by entrepreneur Ronnie Screwvala is on an acquisition spree and last month bought Exampur, a test-prep provider for state jobs

IT Ministry, Meta to fund 40 start-ups working in extended reality tech

The programme will give Rs 20 lakh each to the start-ups and it will include a challenge aimed at promoting XR

LG picks 9 startups for growth in digital health, metaverse, e-mobilty

LG's San Francisco-based North American Innovation Center wrapped up its two-day Fall Innovation Festival, where it announced nine most-promising startups in the three sectors

After lay-offs, edtech startup Lido Learning files for insolvency

Lido Learning's board of directors has passed a special resolution to file an application under section 10 of IBC, 2016

Tech start-ups raise $885 mn in funding in Aug, down 20% from July: Report

Edtech unicorn UpGrad and fintech start-up EarlySalary among companies to earn big-ticket investments: Tracxn

Indore to soon start working 24X7 to facilitate IT, BPO sectors, start-ups

The Indore district administration in Madhya Pradesh is all set to open round-the-clock working activities in areas around the Bus Rapid Transit System (BRTS) corridors to attract investment especially in the Information Technology sector, an official said. Efforts are being made to start this within a week, he said. Local administration held a meeting with police officials, business establishments and elected representatives on Saturday in Indore to discuss the roadmap for opening of such activities in certain areas of the state's biggest city. After the meeting, Indore Collector Manish Singh told reporters that Chief Minister Shivraj Singh Chouhan had in a workshop announced to make Indore the start-up capital of the state. "It was suggested to open round-the-clock working not only to support IT companies, Business Process Outsourcing (BPO) establishments, but also to strengthen the city economy. The CM had issued directives to work in this direction, he said. The issue was dela

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Some of the investors backing SUGAR include L Catterton, A91 Partners, Elevation Capital and India Quotient

A startup in Japan offers aging CEOs a worry-free succession plan

Founded in 2018 by a group of bankers and consultants with little exposure to the factory floor, NGTG's revenue has grown from zero to 8 billion yen ($59 million)

Uttar Pradesh govt sets aside Rs 4,000 crore as state's start-up corpus

UP chief minister Yogi Adityanath has directed officials to create the fund to cater to the needs of start-up ventures proposed by the state's youth

Gig work platform Awign raises $15 mn in funding round for expansion

Start-up assists enterprises in hiring high-skill talent on contract and manage such employees

BlackSoil crosses $300 mn in venture debt deals, predicts robust market

Company that provides debt capital says its assets under management have grown 55% YoY

Startups increasingly raising venture debt as investors fear funding winter

Most investors are more cautious in deploying capital towards growth businesses, especially in late-stage startup investments, which are key drivers in a funding cycle

Why Bengaluru might get a 'unicorn' logo and where it might be placed

A unicorn logo. That's how Karnataka hopes to celebrate Bengaluru, a city that has the most number of startups and unicorns in the country

Alteria Capital in talks to raise up to Rs 3,500 cr for third fund

Alteria, counted among the top three venture debt firms in India, boasts of Rs 2,800 cr in AUM and a portfolio that includes at least eight startups valued at $1 bn or above

We will embrace rising power of individual journalism: Semafor co-founder

For readers, breaking news and opinion separately are important, said Smith

Rethinking the start-up economy

This is a good time to give another thought to the place of start-ups in the world of finance and business

Prep for curtailed lifestyle change at start: Entrepreneur Munish Randev

Munish Randev, founder and CEO, Cervin Family Office and Advisors, shares what it takes to start a new business