Page 64 - Startups

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.

Orders restricted to a fraction amid lockdown, no magic moment: Nykaa CEO

CEO Falguni Nayar says in an interview to Viveat Susan Pinto that consumers continue to focus on essentials

Arjun Deshpande: The teenager who convinced Tata to invest in his startup

Deshpande, who completed his schooling from DAV Public School, Thane, was a globe trotter from a young age

Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up

He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.

This start-up offers niche fintech products for middle-income households

A bootstrapped Bengaluru start-up launched by ex-VCs is re-imagining financials products for salaried families. Its fix: focus on use-cases

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

Supply constraints to funding woes: Health start-ups in the age of Covid-19

Several have been hit by a large-scale migration of workers which has caused labour shortage. So while demand is high, supply is the pain point