Page 3 - Indian Start-ups

TMS Ep230: Startups, Adar Poonawalla, Indian rupee, Encumbrance Certificate

Are Indian start-ups on a road to profitability? What is keeping Adar Poonawalla busy these days? Is the current strength in rupee sustainable? What is an Encumbrance Certificate? All answers here

Temasek bullish on Indian start-ups, renew energy despite slowdown overseas

Top executives of Temasek, which has doubled its India portfolio in the past five years to $16 billion, said the fund made several successful exits from India in FY 22

Top headlines: Johnson quits as UK PM; startup funding down 33% in June qtr

Bowing to the inevitable as more than 50 ministers quit and lawmakers said he must go, an isolated and powerless Johnson spoke outside his Downing Street to confirm he would resign

2021 start-up ranking: Gujarat, Karnataka emerges as best performers

Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana

Over 22,000 techies lose jobs in US, more than 12,000 in Indian startups

Startups now say it is much more difficult to raise new funding in this gloomy environment

ah! Ventures announces launch of angel fund with Rs 100 cr corpus

While the first close is expected within the next 60 days, the team's target is to be fully invested by the third year with potential winners

HDFC Bank-backed Lentra acquires AI startup TheDataTeam for undisclosed sum

The deal involves the acquisition of the customer intelligence platform Cadenz

Why VCs are still backing Indian startups despite growth stocks crashing

Singapore, June 6 (ANI): The last few months have not been good for startups and their venture capital (VC) backers.Growth stocks like Southeast Asia's largest ride-hailing and food delivery company Grab, ecommerce giant Sea Limited, Indian companies Paytm, Zomato and Freshworks are some example of unicorns that went public recently but have performed poorly against the rest of the market.Grab and Sea Limited, both listed in the US, are down 65 per cent year-to-date. India listed delivery firm Zomato is down 49 per cent whereas fintech company Paytm is down 53 per cent.Both are listed in India while Nasdaq listed software house Freshworks is down 40 per cent for the year. This is in comparison to the SENSEX which is down just six per cent and S & P 500 index's decline of 14 per cent since the start of 2022.These growth stocks have been impacted by rising interest rates and inflation which is seen by the market as bad for newer firms which typically require loans to expand quickly.

India among largest, fastest-growing startup ecosystems in world: PM Modi

India is among the largest and fastest-growing startup ecosystems in the world...we in India remain open to learning from global best practices and sharing ours with others, PM Modi said.

KKR veteran Sanjay Nayar hunts for India's next startup stars with new fund

The fund plans to back about 10 startups, focusing on sectors including consumer tech, fintech and software-as-a-service

PM calls upon spiritual centres to inspire startups, Make in India drives

Prime Minister Narendra Modi on Sunday said that spiritual centers can become centers of inspiration for startups and Make in India initiatives in the country

Are Indian startups staring at a tough future after a blockbuster year?

The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion

Rise Capital begin operations in India; appoints Anuj Mehta has India head

Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.

Indian startups disrupting the world, says NITI Aayog CEO Amitabh Kant

Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society, Niti Aayog CEO Amitabh Kant said on Monday

Over $7 billion raised by Indian start-ups in Q4 2021, says report

More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tech were the top sector in Q4 CY21 (calendar year 2021) cornering almost 46 per cent of the total funding. As many as 14 new unicorns were added in the Indian tech start-up ecosystem in Q4 2021. "6 out of 14 Unicorns added in Q4 CY21 are from retail tech and fintech sector," according to the report. A startup with a valuation of over USD 1 billion is called unicorn. According to the report funding continued to be strong and steady, and about USD 7.2 billion funding was received in this quarter. This was 18 per cent higher on a quarter-on-quarter basis. India continued to see strong acceleration both in the volume and the multiplicity of the startups in CY21, it said. The fourth quarter remained strong for startup ecosystem with ...

Indian startup ecosystem generated over 600,000 jobs: President Kovind

Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.

WFH benefits and other Budget expectations of IT and startup sectors

With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth

Budget 2022: Indian startups seek friendly policies, tax incentives

Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business, a slew of homegrown startups said

Diamonds in the dust: As we enter a new year, let's recall some positives

While some would just be happy that 2021 is coming to an end, T N Ninan lists six things - from sports to stock markets and entrepreneurial talent - that India could look to in the new year

Salesforce starts programme to mentor Indian start-ups in tech, innovation

Companies will get guidance on product design, strategy and business strategy.