Page 61 - Startups

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

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

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

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

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

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

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

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

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

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

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

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

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

Electric aircraft builder ePlane Company raises undisclosed seed funding

The IIT-incubated start-up is likely to give product demonstrations by 2021

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

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

Honeywell partners with IISc to fund startups solving societal problems

Some of these startups are also working towards Covid-19 solutions, including building a new class of eco-friendly specialty fluorescent dyes and a rapid point-of-care diagnostics test for use in low

The four engines that propelled the rise of Cars24, India's latest unicorn

Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales

Razorpay, Visa tie up to help small businesses tackle Covid impact

With higher credit limit than other corporate and personal cards, RazorpayX's corporate cards will empower founders to free up working capital expenses with zero personal risks and liability

Sequoia Capital India's Surge programme picks 17 early-stage startups

One of the key features of the programme is that the founders of the selected startups receive $1 million to $2 million early on in the programme