Page 57 - Startups

Meesho becomes unicorn after SoftBank-led $300-million fundraise

Social commerce opportunity in India is pegged at $16-20 billion by 2025

Video startup Chingari raises $13 mn, plans 100 mn users in 6 months

Homegrown Chingari said it will use the funds to grow from 56 million users to over 100 million in two quarters, enhance its content, and hire talent

The start-up enemies of Wall Street are booming

Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment

With help from angel networks, investors get to back rising startups

Angel networks allow people to make collective investments and bring quality startups to their table

Startup of the year: Freshworks aims to become a $1-bn company in 5 years

Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market

Social e-commerce platform CityMall raises $11 mn in new funding round

CityMall will use the funds to strengthen its supply chain, logistics and expand to 20 new cities.

Sebi approves a slew of relaxations to norms to encourage start-up listing

Sebi makes Innovator Growth Platform more accessible to companies in view of the evolving start-up ecosystem

eat.fit no flash in the pan as Ankit Nagori gets success menu right

A failed venture, a tryst with Flipkart, and a Covid blow, the Cure.fit co-founder is hungry for more

90% start-ups, SMEs unwilling to continue remote working post Covid: Report

On the other hand, 67% large Indian corporates want their employees back in the office, says a report by employment website Indeed India

Govt forms experts committee for Startup India Seed Fund Scheme

The government has constituted an experts advisory committee which will be responsible for the overall execution and monitoring of the Startup India Seed Fund Scheme

Stripe becomes top US startup as valuation jumps to $95 bn

The company's software, which competes with Square Inc. and Paypal Holdings Inc., is used by businesses to accept payments

Investor trims Ola's valuation to about $3 billion, says report

This development comes at a time when Ola has revealed new growth plans, including setting up a Rs 2,400-crore electric vehicle facility expected to become the world's largest two-wheeler factory

How venture capitalists behave

Book review of The Economics of Venture Capital Firm Operations in India

Startups to drive India's quest for a chunk of small satellite launch pie

Frugal innovations by the Indian startup community are bringing down the cost of launching small satellites into space

Retail startup Shoopy raises $250,000 seed from US, India investors

Shoopy helps retailers and local business owners go online in a few seconds, and manage invoicing, billing, inventory tracking and management, among other aspects of their shops easily

An eldertech start-up is looking to keep seniors healthy and happy

The year gone by has triggered serious concern for the ageing population, a segment of society that has forever struggled with a pervasive and never-ending epidemic: Loneliness

Lightspeed Ventures, Wipro Ventures, others invest $48 mn in Yugabyte

So far the company has raised $103 million, including a $30 million capital fund announced in June last year

A peek into the startup incubation drives of India's next-rung campuses

Not all great ideas are nurtured at IITs and IIMs; many enterprises with formidable products today have come from the country's deeper regions and have received parenting at lesser known institutes

Klarna funding round makes it Europe's most valuable startup at $31 bn

It also puts the Swedish fintech on a par with many of Europe's biggest listed financial houses

PM Narendra Modi urges banks to lend to start-ups and MSMEs amid Covid-19

Calls for effective participation of public sector in banking and insurance