Page 37 - Startups

Edtech startup Creative Galileo raises $7.5 million in Series A funding

The latest round brings Creative Galileo's total funding to $10 million, including a pre-series A round of $ 2.5 million announced in October 2021

FitterFly raises $12 mn in series A funding led by Amazon Smbhav, Fireside

The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes

First Cheque closes second fund at Rs 38 cr, plans to invest in 50 startups

First Cheque aims to be the earliest institutional capital available for founders and seeks to achieve this by investing at the pre-seed stage

India's start-up story is intact, innovation vibrant: HCL Tech CEO

Vijayakumar asserted that the company is "on a good upcycle", and will use multiple levers to mitigate the challenges around margins

Indian tech startups raise $6 billion in April-June quarter, Fintech rules

Number of deals dropped by 17% sequentially, more than half were larger than $100 million each

Start-ups trump traditional companies in value creation, shows data

Indian start-ups are also having a much larger impact in India than in the global context

Blockchain start-up 5ire turns 105th unicorn, valued at $1.5 billion

"We are on a mission to embed sustainability into blockchain," said Pratik Gauri, chief executive officer and founder of 5ire

For battery makers of electric vehicles, it's go small or go home

In the quest for smaller batteries that charge extremely quickly, the startup firms are experimenting with materials like silicon-carbon, tungsten and niobium.

Unacademy 'not efficient' in finances, will shut some businesses: CEO

Unacademy, valued at $3.44 billion, will restrict business class travel end meals and snacks as complimentary perk at the startup

Maharashtra leads states with 13,541 govt-recognised startups: DPIIT data

Total number of approved startups at 73,205; Maharashtra's share is 18%

Indian startups raised $6.9bn in the June quarter, down 33% sequentially

They raised $6.9 bn in Q2CY22 against $10.3 billion raised in Q1CY22; funding winter is a result of the market slowdown

Public funding, govt aid help Gujarat keep lead in DPIIT Startup Rankings

Incubators and startups in Gujarat say the state government forms more than 80 per cent of funding and market support and private capital is lacking

Fintech startup Finvu AA raises $2.5 million in seed funding for expansion

Finvu AA will use the fresh funds to expand the team in engineering, and business development and enhance its product offerings

Flipkart and the startup longevity challenge

Flipkart, which is rarely listed as a startup or unicorn now, has also had to delay its IPO

Startups should think of credit solution for small businesses: Vaishnaw

Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market

How can startups manoeuvre the current funding slowdown?

With global uncertainties in the backdrop, leading funds and venture capitalists are delaying funding for several Indian startups. How are startups going to manoeuvre the slowdown? Let's find out.

India guiding world's fourth industrial revolution, says PM Modi

Technology is improving governance and ending corruption in country, he says

Edtech startup Kreedo raises $2.3 million in pre-Series A funding

Founded in 2012 by husband-wife duo Mridula Shridhar and VK Manikandan, Kreedo is on a mission to change the way early learning is delivered in budget private schools and preschools

Listed firms can't act like start-ups

Start-ups don't care that mad-money funding comes to a hard stop after an IPO

50K startup workers stare at job loss as India preps for 200 new unicorns

As startups in India keep firing their staff to navigate through the 'funding winter' and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to welcome 200 unicorns