Page 60 - Startups
The Year That Was: How startups survived 2020 with resilience, pivots, hope
In the startup world, the Covid-19 pandemic was an eye-opener. The highly funded and well-paying startups were in fact the first to let go of their employees
 "The Year That Was: How startups survived 2020 with resilience, pivots, hope")
Co-working player Smartworks to add 3 million sq ft office space in FY22
Several projects already under discussion, firm is also offering clients option to downsize or upsize across the geographies they operate in
 "Co-working player Smartworks to add 3 million sq ft office space in FY22")
E-commerce to edtech, start-up firms bloom amid Covid-19 pandemic gloom
Massive beneficiary of the covid situation has been the startups which are growing rapidly on the back of digital adoption, which is witnessing an acceleration worth multiple years in just few months
 "E-commerce to edtech, start-up firms bloom amid Covid-19 pandemic gloom")
InMobi Group: This Make-in-India innovator is raring to go places
Glance, the home-grown firm's newest business, has just received major funding from an unexpected source - Google - vaulting the 18 month-old-unit to Unicorn status
 "InMobi Group: This Make-in-India innovator is raring to go places")
Working on startup policy for students wanting to have own biz: Kejriwal
The Delhi government is working on a startup policy to help students who have excellent ideas and want to start their own businesses, Chief Minister Arvind Kejriwal said on Wednesday
 "Working on startup policy for students wanting to have own biz: Kejriwal")
Jewellery start-up Melorra enters offline retail, plans 350 stores in 6 yrs
Company to invest $50 mn on foray; stores will be located at malls and high streets across India and range from 500-1,500 sq ft
 "Jewellery start-up Melorra enters offline retail, plans 350 stores in 6 yrs")
Venture Catalysts Group to invest Rs 1,000 cr in start-ups in 2021
The Mumbai-based investment firm VCats runs an incubator and a SEBI registered accelerator fund 9Unicorns
 "Venture Catalysts Group to invest Rs 1,000 cr in start-ups in 2021")
Amazon's Zoox unveils 'Robotaxi' for future ride-hailing service
The vehicle, which Zoox describes as a driverless carriage or robotaxi, can carry as many as four passengers
 "Amazon's Zoox unveils 'Robotaxi' for future ride-hailing service")
Start-ups from IISc, IITs tweak their innovations to address Covid crisis
As soon as the Covid-19 pandemic struck, many start-ups incubated at IISc's Society for Innovation and Development began work on repurposing their innovations
 "Start-ups from IISc, IITs tweak their innovations to address Covid crisis")
Elevation Capital to invest in a dozen startups from $400-mn new fund
The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years
 "Elevation Capital to invest in a dozen startups from $400-mn new fund")
Taihei Kobayashi: From homeless high school dropout to CEO of $1 bn company
Taihei Kobayashi has gone from sleeping on the streets of Tokyo to heading a technology startup whose market value topped $1 billion. His rags-to-riches story is among the most remarkable to emerge f
 "Taihei Kobayashi: From homeless high school dropout to CEO of $1 bn company")
Nearly 50% employers hired only virtually in 2020, finds Indeed survey
Nearly one in five employers also said that virtual hiring reduced bias in the recruitment process
 "Nearly 50% employers hired only virtually in 2020, finds Indeed survey")
Next gen from Apollo Tyres family floats an Uber for trucking industry
The start-up plans to rope in strategic investors to support its global expansion
 "Next gen from Apollo Tyres family floats an Uber for trucking industry")
Hiring rapidly, US fintech startup Stripe plots expansion in Asia
Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia
 "Hiring rapidly, US fintech startup Stripe plots expansion in Asia")
DealShare aims to cross Rs 2500 cr GMV, raises $21 mn from investors
The company has successfully targeted India's fast-growing, mid-income demographic of 500 million new-to-internet users
 "DealShare aims to cross Rs 2500 cr GMV, raises $21 mn from investors")
Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr
New brand Veranda Race will initially offer online training programmes for Banking, Staff Selection Commission and TNPSC; also plans course content in 11 Indian languages by December 2021
 "Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr")
Edtech player Great Learning scouts for start-ups in inorganic growth push
Firm has seen a 10x spike in user base since lockdown as companies such as Maruti and IndiaMart have tied up with it for employee training programmes
 "Edtech player Great Learning scouts for start-ups in inorganic growth push")
Electric aircraft builder ePlane Company raises undisclosed seed funding
The IIT-incubated start-up is likely to give product demonstrations by 2021
 "Electric aircraft builder ePlane Company raises undisclosed seed funding")
Oyo recovering from Covid, has $1 bn to fund operations until IPO: CEO
Agarwal said the company's focus is on getting revenue per available room to 60 per cent to 80 per cent of pre-pandemic levels across all markets
 "Oyo recovering from Covid, has $1 bn to fund operations until IPO: CEO")
Kalpathi Group enters ed-tech space with Rs 50 cr investment in new venture
Veranda will offer training programmes in test preparation for all competitive exams in India