Page 2 - Startup Ecosystem

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.

Our competition is with the Silicon Valley: Karnataka CM Basavaraj Bommai

Silicon Valley in the US continues its reign as the world's pre-eminent startup ecosystem, according to experts

PM Modi to launch MP's start-up policy, interact with people today

PM Modi commend the Madhya Pradesh Government for this effort to make the state a hub for enterprise and urged people from this ecosystem to join the programme

We don't keep nominees on boards of firms we nurture: 100X.VC's Ninad Karpe

In a Q&A, the partner of the early-stage venture capital fund talks about the unique investment philosophy of 100X.VC, iSAFE Note and the Indian entrepreneurial ecosystem

Sebi to join Account Aggregator ecosystem, says Chairperson Madhabi Buch

AA ecosystem is a UPI moment for the lending ecosystem as it will allow sharing of data seamlessly and fast and without the need for physical documents.

28 unicorns created in India this year: Nirmala Sitharaman

The Indian economy has witnessed the creation of 28 unicorns this year on the back of a series of reforms unleashed by the government, Finance Minister Nirmala Sitharaman said

Global Innovation Index: Startup ecosystem propels India into top-50

New enterprises have helped India overcome inadequate govt R&D as well as innovation infrastructure. India now has the third highest number of startups in the world, after the US and UK

Startups playing key role in enhancing India-US ties: Ambassador Sandhu

India has a unique startup ecosystem and there has been a significant push from the current government to encourage entrepreneurship, the country's Ambassador to the US Taranjit Sandhu said

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

Huawei to invest $100 million to boost start-up ecosystem over next 3 yrs

Chinese telecom gear maker Huawei on Tuesday announced that it will invest $100 million in Asia pacific start-up ecosystem over next three years.

Ant-backed Zomato's roaring India debut sets pace for internet startups

Shares of Zomato Ltd nearly doubled on Friday in a stellar first listing of local unicorn in India, setting pace for a slew of such debuts by internet-based startups that are thriving during pandemic

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

ADIF aims to make Indian startup ecosystem among top 3 globally by 2030

Digital startup think tank ADIF plans to make the Indian startup ecosystem among the top three globally by 2030, with focus on boosting knowledge base, driving collaboration and finding right policy

CityMall raises $22.5 mn in funding from General Catalyst, others

Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.

Jobs platform Apna raises $70 mn from Insight Partners, Tiger Global

With this investment, Apna has now raised over $90 million and is now valued at $570 million, within 16 months of launch

Startups to gain as investment rules ease for pvt domestic pension funds

Indian capital has yet played a small role in the growth of domestic startups, but that could change after the ministry freed alternative investment funds

A peek into the startup incubation drives of India's next-rung campuses

Not all great ideas are nurtured at IITs and IIMs; many enterprises with formidable products today have come from the country's deeper regions and have received parenting at lesser known institutes

Gujarat retains top spot in DPIIT's states start-up ecosystem rankings 2019

India has become the third-largest start-up ecosystem in the world with over 36,000 enterprises recognised under the Startup India initiative

Milk Mantra raises $10 million from US-based DFC, gets tech package too

The dairy start-up has cumulatively raised Rs 300 crore, which will be largely invested in Odisha to empower local dairy farming community and create indirect jobs

Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held

Masayoshi Son-led SoftBank made massive investments in the Indian startups, biggest funding round