Page 7 - Startups

BS Manthan: Funding winter, unicorn status not growth barrier, say startups

Speaking at the second edition of BS Manthan in New Delhi on Friday, industry leaders asserted that innovation, resilience, and sustainable business models matter more than capital influx

Honeywell, AM Green sign MoU to advance carbon capture, SAF in India

The feasibility study is expected to conclude by mid-2025, marking a critical step towards achieving large-scale decarbonisation

NOTO Ice Cream raises Rs 15 cr in funding round led by Inflection Point

Start-up NOTO Ice Cream on Thursday said it has raised Rs 15 crore in its latest funding round, led by Inflection Point Ventures (IPV), with participation from JITO and Lets Venture. The funds will be utilised for expanding into Tier-I and Tier-II cities, launching innovative flavours and formats for the summer, supporting marketing on food-tech aggregators and quick-commerce platforms, upgrading infrastructure, and boosting brand awareness through experiences, the company said in a statement. The brand, also backed by renowned personalities such as John Abraham, Rannvijay Singha, and Kunal Bahl, is currently operational in cities, including Mumbai, Delhi, Bangalore, Hyderabad, Chennai, and Pune. It is expanding into new markets such as Ahmedabad, Kolkata, and Lucknow. NOTO Ice Cream Co-Founder & CEO, Varun Sheth said," This funding fuels our expansion into Tier I and Tier II cities..." Inflection Point Ventures Co-Founder, Vinay Bansal said health-conscious consumers often ...

Spyne raises $16 million Series A to drive US expansion, AI innovation

This investment will fuel Spyne's growth trajectory, focusing on aggressive expansion in the US and developing its next-generation AI solutions designed to transform automotive retail

DPIIT to sign MoUs with cos for setting up manufacturing incubation centres

Move to boost startups in the segment by ensuring financial and non-financial support

SpotDraft raises $54 mn to lead AI-powered contract lifecycle management

SpotDraft's Series B funding round, spearheaded by Vertex Ventures and Trident Partners, will accelerate the company's global expansion and drive the advancement of its AI-powered product innovation

magicpin revenue triples to Rs 870 cr in FY24, becomes 3rd largest food app

The company continued its dominance on the government-backed Open Network for Digital Commerce (ONDC), maintaining its status as the largest food delivery seller app on the network

Several startups likely to go public in 2025 despite challenges: Report

Several high-quality startup firms are likely to go public in 2025 despite global challenges, and the funding environment is also likely to improve this year, according to a report by venture debt firm InnoVen Capital. It also said that 47 per cent of startup founders out of 100 who participated in the survey expect the pace of hiring to increase this year. "Of those who attempted to raise in 2024, 63 per cent had a favourable experience. 79 per cent of founders are optimistic that the funding environment will improve in 2025," the India Startup Outlook Report said. Ashish Sharma, Managing Partner at InnoVen Capital India, said the report will provide useful insights to all stakeholders that have a keen interest in the venture ecosystem. "While the macro is challenging, we expect several high-quality companies to go public in 2025," he added. Further, the report said startup founders continue to look at domestic IPO as the likely mode of exit, with 73 per cent of founders choosing

Hoping to increase govt-registered startups to 1 million in 10 years: Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that the number of government-registered startups would increase to 10 lakh in the next ten years due to the steps taken to promote growth of these budding entrepreneurs in the country. At present, there are 1.57 lakh registered startups as compared to 450 in 2016. With an intent to build a strong ecosystem of the country for nurturing innovation and promoting startups, the government launched the Startup India initiative on January 16, 2016. As per the government's eligibility conditions, entities are recognised as 'startups' under the Startup India initiative. These units are eligible to avail tax and non-tax incentives under the Startup India action plan. Under the initiative, the government through its flagship schemes Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme and Credit Guarantee Scheme for Startups, has provided financial assistance to eligible recognised startups across sectors and .

Nirmata raises $9.6 million to expand AI-driven cloud-native solutions

As AI-driven applications drive the surge in cloud-native technologies, businesses are rapidly adopting new solutions and building platform engineering teams

TrueFoundry secures $19 million to transform AI deployment at scale

The Series A funding will allow TrueFoundry to accelerate its mission towards building a universal platform to develop and deploy AI applications with zero infrastructure hassles

VC investors take leading role in guiding startups through AI disruption

From advising on strategic integrations to connecting with top-tier AI talent, VCs are offering more than just capital

48% startups have at least one woman director: Economic Survey 2025

However, on the flip side, the reins of entrepreneurial ownership remain dominantly male-held

Budget: 5-year extension of incorporation deadline brings cheer to startups

In her 2025 Budget speech, FM Sitharaman announced an extension in the period of incorporation for startups by five years till April 1, 2030

Budget 2025: Shot in the arm for startups with Rs 10K cr new fund of Funds

The FM said that the initial FoF announced by the government with an investment of Rs 10,000 crore managed to catalyse commitments worth Rs 91,000 crore

Tech leaders, startup founders, investors welcome Budget 2025-26

The Budget announced a new Fund of Funds (FoF) with an expanded scope of Rs 10,000 crore

Israeli startups eye global markets after playing important role in war

Israel already had a thriving startup scene, meaning its companies may be better placed to capitalise on the wartime boom, with some already winning orders from abroad with aims to shape future battle

Atomicwork raises $25 mn to transform enterprise IT with Agentic AI

The Series A funding will fuel the scaling of enterprise AI agents, expand go-to-market (GTM) efforts, and enhance platform integrations for seamless scalability

The push and pull factors behind leadership exits in Indian startups

India produced just six new unicorns in 2024, a steep drop from 24 in 2022. Despite total startup funding rising to $11.4 billion in 2024 from $10.9 billion in 2023

Prashanth Prakash awarded Padma Shri for transforming startup ecosystem

As a founding partner of venture capital firm Accel India, Prakash has been instrumental in nurturing some of India's most iconic startups, including Flipkart, Swiggy, BookMyShow