Start-ups In India

India ranks third in world start-up ecosystem, says Anurag Thakur

Union Minister Anurag Singh Thakur on Saturday said India is now the hub of 'Start-up' ecosystem in the world, ranking third with 90,000 'Start-Ups' and 107 unicorn companies worth 30 billion dollars. The Minister for Information and Broadcasting, and Youth Affairs and Sports was speaking at the valedictory function of 36th Inter-University North Zone Youth Festival (Antarnaad) under the aegis of Association of Indian Universities (AIU) at the Jammu University. More than 1,000 participants from 18 universities across the country participated in the week-long festival. "India is now the hub of 'Start-up' ecosystem in the world, ranking third with 90,000 'Start-Ups' and 107 unicorn companies worth 30 billion dollars which has been possible only by the contribution of India's youth," the minister said. Thakur said the world is looking towards New India under Prime Minister Narendra Modi as India is now the biggest exporter of vaccines, biggest exporter of mobile phones and defence ...

Start-ups to take up nearly 30% of gross office leasing in 2022: Study

Bengaluru leads in terms of space leased by such companies, says JLL report

Balaji Srinivasan invests unknown sum in blockchain start-up Permissionless

Company to use the funds to scale the number of contributors on the platform, create more integrated productivity tools for borderless and asynchronous work

VC firm Quona Capital announces close of its third fund at $332 mn

Company has invested in more than 17 start-ups in India, has almost 30% of its global team in country

768 start-ups register to participate in railway infrastructure: Govt

The offers have come from 123 startups, 80 individual innovators, 81 micro small and medium enterprises (MSMEs), and 18 research and development organisations and institutes

Govt to provide collateral-free loans to start-ups under CGSS framework

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers)

Zepto's Kaivalya Vohra youngest Indian with net worth above Rs 1,000 crore

Vohra stood at the 1,036th spot in the IIFL Wealth Hurun India Rich List 2022, with a net worth of Rs 1,000 crore

Daalchini Technologies raises $4 mn Series A led by Unicorn India Ventures

Other participants in the round include Artha Venture Fund, former Dominos India CEO Ajay Kaul, and VSS Investco (investment vertical of Paytm CEO Vijay Shekhar Sharma)

ConnectedH raises $2.3mn in seed fund led by Kalaari Capital, Incubate Fund

ConnectedH plans to utilise the fresh funds to expand their product portfolio, invest in technology, and expand its presence in Delhi/NCR Region

Digital farm advisory startup BharatAgri raises $6.5 mn in Series A round

BharatAgri offers farmers an app-based platform for AI-based agronomy services on a paid subscription basis

GTM Buddy raises $2mn in seed round led by Stellaris Venture Partners

The company said it would use the funds for improving its product capabilities and building teams for sales, marketing and customer relations

India added three 'unicorns' per month in 2021: Hurun report

India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday

With $500 mn funding led by Silver Lake, Byju's valuation crosses $10.8 bn

Byju's is rapidly narrowing the gap to become the most valuable startup in the country after digital payments firm Paytm, which is valued at around $16 billion

Euler Motors raises Rs 20 cr in Series-A round led by Inventus Capital

A first of its kind funding in the Electric Vehicles space during the testing times of Covid-19 pandemic

Covid-19 crisis: Consumer internet start-ups brace for salary cuts, layoffs

Companies taking extreme steps to continue to stay afloat amid Covid-19 crisis

Travel start-ups hit a bumpy road amid restrictions due to coronavirus

They were riding on the promise of steady double-digit growth, but with travel restrictions and cancellations, their problems are mounting

UP govt drafting 'Startup Policy 2020', eyeing top 3 domestic ranking

Plans to harness 9 million MSMEs base to boost start-ups

Start-ups in race to pick a big slice of India's wellness market

There's a scramble by other ventures that are looking to explore niches that look to augment the fitness requirements and habits of a country with almost 650 million youths under the age of 25.

Blume Ventures raises $102 mn in Fund III to back early-stage start-ups

Blume started in 2011 raising an entirely domestic Rs 100 crore fund from HNIs (high net-worth individuals) and subsequently raised a $60 million fund (Rs 400 crore) in 2016

Canada warms up to Indian start-ups, to help them expand operations

The MoU was signed in the presence of Brampton's Mayor Patrik Brown, who is interacting with more than a dozen Indian start-ups across Mumbai, Delhi and Bangalore