Page 4 - Indian Start-ups

KSUM's KITE meet ends, shortlists 24 IEDC ideas for product development

The Kerala Startup Mission (KSUM) on Friday selected 24 new products by Innovation and Entrepreneurship Development Centres on the concluding day of the five-day virtual technology exhibition.

Position India as market leader in cybersecurity, says Ashwini Vaishnaw

The magnitude of digitisation across sectors, including banking, has necessitated a sharper focus on cybersecurity, IT Minister Ashwini Vaishnaw said on Thursday

What are Thrasio-style startups and what's driving their appeal in India?

Using a model pioneered by Thrasio in the US, several startups like Mensa Brands and GlobalBees were born in India during the pandemic. Let us understand the appeal of these Thrasio-style startups

New-age pharmacy start-ups tap 'kirana' networks, eye US market

New entrants in the largely unorganised Indian pharmaceuticals market are trying out innovative ways to tap a vast market that lies in hinterland

Salesforce Ventures makes strategic investment in Indian startup Razorpay

Razorpay said this investment and partnership will make an impactful contribution to the industry and drive adoption and financial growth for underserved small businesses in the next twelve months

Eye on India's IPO map: MapMyIndia plans to go public, raise Rs 1,200 crore

India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation

Simple Energy to manufacture electric 4Ws as part of future product range

Bengaluru-based EV maker Simple Energy, which launched its maiden e-scooter offering Simple One across 13 states this month, is looking to manufacture an electric four-wheeler as part of its future product range, its founder and CEO Suhas Rajkumar has said. As part of its short-term plans, the start-up is readying to launch a business-to-business (B2B) product by this year-end besides an e-bike by next year in addition to a new powertrain in the next one to one-and-a-half year, he said. "We are looking at going multiple and we are looking at obviously a four-wheeler as our future planning. We have a vision that is there. That is the reason we are increasing our R&D (research and development) team as well," Rajkumar told PTI. Emphasising that as a company it wanted to grow with multiple product offerings, he said, "We are just not looking at improvising the current product offering. We want to introduce into different sections in the automobile itself." He, however, said the ...

Zupee's valuation crosses $500 million, raises $30 million funding

This round comes within 6 months after its Series A round at a $100 million valuation, which is more than 5x increase in the company's valuation

Eat Better raises undisclosed funding from GetVantage to fuel expansion

The funds will be invested to fuel expansion by focusing on marketing and new product launches in the coming months

SoftBank Group funding turns India start-up Mindtickle into unicorn

The latest funding takes the total capital raised to $281 million, including a $100 million round last November that was also led by SoftBank

GE Healthcare selects 6 Indian startups under 'Cohort 3' programme

Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.

Vegan lifestyle brand Zouk raises $1.5mn in pre-series A led by Stellaris

Having gained 50,000-plus customers with a 4x growth in the past seven months, Zouk aims to double its consumer base every six months for the next 5 years

Startup eBikeGo inducts 1,800 e-scooters; hires over 70 staff

eBikeGo has increased the number of vehicles in its fleet from 300 e-scooters to 2,100 during the pandemic

Valuing growth

Start-up listings will open up opportunities

SaaS platform Bookee raises pre-seed funding from Antler India, others

Founded in 2020 by Vistar Singh and Rajat Hans, Bookee is a complete business solution developed with the needs of fitness entrepreneurs at its core

In a first, BASF Venture Capital GmbH invests in Indian startup UrbanKisaan

Conceptualised in 2017, UrbanKisaan operates several suburban greenhouses and vertical indoor farms in Hyderabad and Bangalore

AdmitKard raises Rs 10 cr in pre-series A round from startup founders

The pandemic certainly wreaked havoc on the start-up industry, however, ed-tech has been one of the sectors to witness growth in traction

Electrifying mobility: How entrepreneurs changed tack to survive pandemic

To survive the Covid-induced downturn, bike-sharing start-up Bounce changed its strategy and jumped on the EV bandwagon

Beyond the bottom line: The journey of newsmaker Deepinder Goyal

In FY21, the founder & CEO of Zomato took a steep pay cut from an annual Rs 3.5 crore to Rs 1.6 crore and waived his salary for 36 months starting April 1, 2021

Practo, BharatPe and Grofers in line to be the next Indian unicorns

Currently, there are 48 Indian start-ups valued at $1 billion or more, and Paytm is the most valuable start-up at $16 billion, according to the Venture Intelligence data