Page 16 - Start Ups
Hyderabad startup launches 10-minutes liquor delivery service in Kolkata
A Hyderabad-based startup has launched its services in Kolkata of delivering liquor in 10 minutes
 "Hyderabad startup launches 10-minutes liquor delivery service in Kolkata")
Powering a range of devices to give specially-abled a sense of independence
Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise
 "Powering a range of devices to give specially-abled a sense of independence")
Bengaluru to host international conference for startups from June 2
An international conference for startups -- the India Global Innovation Summit (IGIC) -- will be held here from Thursday.
 "Bengaluru to host international conference for startups from June 2")
This robot company is building an Uber for autonomous material movement
Hachidori's robots do not need expensive infra like magnetic strips or QR codes. The firm aims to provide Autonomous Mobile Robots (AMR) that are easily deployable and affordable
 "This robot company is building an Uber for autonomous material movement")
Ashneer Grover tells VC firms to 'right size' before advising startups
Ashneer Grover, co-founder and former managing director of fintech platform BharatPe, has advised venture capital and investment firms to first think about "right-sizing" themselves in the wake of current economic slowdown before telling their portfolio companies and startups to do so.
 "Ashneer Grover tells VC firms to 'right size' before advising startups")
Alternative data insights startup Synaptic raises $20 mn from Valor
Synaptic is used by leading venture capital and private equity firms, Hedge Funds, and Asset Managers globally with combined assets of several hundred billion dollars
 "Alternative data insights startup Synaptic raises $20 mn from Valor")
Design operations platform Cubyts gets seed funding of $1.8 million
Cubyts' key offerings include deploying team-wide design processes and enable teams to confidently run design projects
 "Design operations platform Cubyts gets seed funding of $1.8 million")
Mohalla Tech's valuation may cross $5 billion after raising $300 million
The parent company behind short-video platform Moj and regional social network ShareChat, is in the process of raising about $300 million in fresh funding from Alphabet Inc's Google and Singapore's Te
 "Mohalla Tech's valuation may cross $5 billion after raising $300 million")
Riverwalk Holdings launches Rs 150 cr fund for investing in Indian startups
Venture capital fund Riverwalk Holdings has launched a Rs 150 crore-fund that will focus on early-stage funding of startups in India.
 "Riverwalk Holdings launches Rs 150 cr fund for investing in Indian startups")
Agritech startup Nutrifresh raises $5 mn to scale up chemical-free farm ops
Co-founded by two Agripreneurs, Nutrifresh aims to provide consistent pesticide-free hydroponic produce that is nutrient-rich for the Indian consumer
 "Agritech startup Nutrifresh raises $5 mn to scale up chemical-free farm ops")
Music NFT marketplace FanTiger raises $5.5 mn from Multicon capital, others
FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using music NFTs
Three Wheels United raises $10 mn to increase financing for EV 3-wheelers
TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US
 "Three Wheels United raises $10 mn to increase financing for EV 3-wheelers")
Zetwerk unveils programme to help hardware startups in robotics, e-mobility
Through this programme, Zetwerk will provide a complete stack of dedicated services for each requirement of a hardware startup to expedite its journey from prototype to production.
 "Zetwerk unveils programme to help hardware startups in robotics, e-mobility")
Country Delight raises $108mn in series D led by Venturi Partners & Temasek
Founded in 2013, the company delivers dairy, fruits, and vegetables to the doorstep of consumers.
 "Country Delight raises $108mn in series D led by Venturi Partners & Temasek")
Investment firm DVC announces close of $80 mn fund for SaaS start-ups
It will invest in one company per quarter, or a total of approximately 20-25 companies over five years.
Sequoia asks founder ecosystem to tighten belt, focus on profitability
Cash burn and growth at all cost no longer being rewarded as capital turns expensive
 "Sequoia asks founder ecosystem to tighten belt, focus on profitability")
'Startup founders may find it difficult to raise funds in coming months'
With a capital crunch creeping into the market, startup founders may find it difficult to raise funds at attractive valuations in the coming months, according to industry players.
 "'Startup founders may find it difficult to raise funds in coming months'")
You can't raise cash to blow it up: Ronnie Screwvala on layoffs at unicorns
In a Q&A, the upGrad chief said it is a 'lame excuse' for founders for tech unicorns to blame the situation on factors like the war in Europe and funding crunch
 "You can't raise cash to blow it up: Ronnie Screwvala on layoffs at unicorns")
Is there a scary twist ahead in the Indian start-up story?
Cars24 laid off 600 workers, just days after Vedantu fired 424 employees. Y Combinator has asked founders of its portfolio firms to prep for the worst. Is there a twist ahead in the start-up story?
 "Is there a scary twist ahead in the Indian start-up story?")
Start-up Wakefit logs Rs 636 cr revenue, marking 50% y-o-y growth
Firm that makes mattresses and pillows aims to expand to smaller cities and is setting up a manufacturing facility in Sonipat.
 "Start-up Wakefit logs Rs 636 cr revenue, marking 50% y-o-y growth")
