Projections suggest online food delivery market should grow to $22 billion by 2025
Some of these companies are likely to scale up, become global chip design entities
Six firms, including these two, have been added to the club just this week
Tech platform Zoko said it has raised $1.4 million in seed funding from Y Combinator and marquee angel investors like Ryan Hoover and Flipkart co-founder Binny Bansal's family office
Investors have been tripping over one another to fund a host of Indian startups. Will the stock markets show the same enthusiasm when some of them launch IPOs this year?
VC investors Ravi Adusumalli and Shashin Shah will lead the SPAC
Aatmnirbhar Digital India Foundation (ADIF) said bidding of company-specific keywords such as "matrimony" or "Map My India" has resulted in competitors capitalising on the brand value of companies
Using open-source software gives startups the access to a powerful community and better tools
Many enterprises with formidable products have come from the country's deeper regions and have received parenting at lesser-known institutes
Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. Read Business Standard's top stories here
Now with the number of Covid cases declining, Relan and team may look at other startup ideas
Brazilian satellite Amazonia-1 and three Indian payloads are part of the mission
Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes
E-commerce major Flipkart announced a "partial spin-off" of PhonePe as the digital payment firm raises $700 million in funding, valuing it at $5.5 billion
The funds, T Rowe Price and Vanguard, hold about 1% in both companies; while Paytm's valuation has taken a 26% hit, Ola's has suffered a 50% drop
The start-up ecosystem is expected to have created 700,000-750,000 direct and 2.6-2.8 million indirect jobs in total for the year ending 2020, further cementing its recovery
Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.
This comes as seed investments in India during the January-March quarter, which was hit by the lowest level in five quarters