Page 64 - Startups

Ed-Tech firm uFony raises funds from Chennai Angels for School Diary

School Diary is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without compromising on privacy

Startup funding down 29% in first half of 2020 amid Covid-19 crisis: Tracxn

Only 443 companies were funded in the January-June period this year against 725 in H1, 2019

Sequoia raises $1.35 billion to invest in India, Southeast Asia startups

Sequoia India now operates seed, venture and growth funds, a structure that allows Sequoia to remain a relevant partner for founders at all stages of their journey

Covid-19 impact: Mass lay-offs, cost-cutting among start-ups, says survey

Start-ups are now resorting to mass lay-offs and cost-cutting, as only a small number of them is funded to sustain till end-2020

Chinese app ban: PM urges start-ups to create 'Atmanirbhar' App ecosystem

He said the app innovation challenge is for those who have such a working product or if they feel they have the vision and expertise to create such products

Startups try to woo talent returning to India from US amid H1B visa woes

According to industry experts, a stricter visa regime to improve local employment and closure of onshore opportunities in the US, is likely to result in a reverse brain drain

BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister

The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there's plenty it can learn from problems with the Rs 10,000 crore start-up fund of funds launched five years ago

Former Grab employees' start-up Nextbillionai raises $7 mn in funding

Company has launched an AI-driven mapping solution that customises APIs based on the size of the vehicles.

Kia, Hyundai and LG Chem join hands to identify EV startups for investment

New Energy Nexus, the international startup support organisation, will manage and facilitate the competition -- 'EV & Battery Challenge (EVBC)' -- the companies said in a joint statement

Indian start-ups funded by Chinese investors hit Great Wall of uncertainty

"With the latest escalation, my apprehension is that investments into sensitive sectors may be subject to deeper inspection by the government," said Atul Pandey, a partner at law firm Khaitan & Co

Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage

Only 16 per cent of start-ups and SMEs have the cash to survive for more than three months

Start-ups tap technology to get malls, hotels back on track amid Covid fear

Start-up companies are assisting businesses to conform to the government's 'social distancing' norms and insulate their air conditioning systems from the shock of virus

Govt allows startups to issue sweat equity for 10 years after registration

Industry experts expect the move to help startups in terms of enhancing their ability to incentivise personnel and retain talent

Online used car seller Vroom raises $467.5 million in upsized US IPO

Vroom priced its IPO at $22, above the initially marketed range of $18 to $20

Yolobus raises $3.3 mn in Series A funding; to focus on hygiene, safety

The investment brings Yolobus' total funding since launching its smart intercity bus services in India to $4.1 million

Why most businesses, startups trying to register as MSMEs may not get loans

The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch since last year

Over a third of MSMEs may end up shutting down operations, says AIMO survey

The results are based on 46,525 responses AIMO received from across industry segments including self-employed, MSME owners, corporate CEOs, employees and experts

40% Indian tech startups have suspended work due to coronavirus: Nasscom

Revenue declined by more than 80 per cent for about 34 per cent such companies, says online survey.

Scientists, start-ups step up efforts to make masks more effective

They are developing everything from static electricity-generating face covers to kill the virus, to full-face armour for healthcare workers, patients and even delivery personnel

Ratan Tata hopes entrepreneurs will create new benchmarks of tomorrow

In a post on social media platform Instagram, Tata hoped that entrepreneurs will find a better way to run their operations following the pandemic that has severely disrupted economic activity.