Page 16 - Startups In India

India's internet startups on cusp of IPO, combined value at $180 bn: Report

India's internet startups leaders that operate business ranging from food delivery to e-commerce are now on the cusp of listing, a report said putting their combined value at $180 billion by 2025

Measures envisaged in Budget 2021-22 will boost startups: Secretary DPIIT

DPIIT Secretary, Ministry of Commerce and Industry, Guruprasad Mohapatra said the measures envisaged in the Budget will further boost the Startups in the country

Holistic plan needed to spur domestic funding for startups: Nasscom

Startup ecosystem will fuel innovation for India and help create sustainable jobs, and a holistic plan needs to be worked out to spur domestic funding for startups, a top Nasscom official

Vested Finance raises $3.6 million funding from Moving Capital, others

Ovo Fund and TenOneTen Ventures in the US also took part in the funding round

Healthcare platform MediBuddy closes $40 million funding round

The firm raised the money in a Series B funding round

Start-ups and IPOs: Here are the lessons from the last three decades

Its the season of startups planning to go public, but how IPOs have fared at the stock markets in the last three decades?

Best of BS Opinion: Time for statesmanship, Make in America, and more

Here's a selection of Business Standard opinion pieces for the day

Chhattisgarh CM inaugurates incubation centres for agri startups

Chief Minister Baghel inaugurated two incubation centres at Indira Gandhi Krishi Vishwavidyalaya (IGKV) Raipur

Google, Lightbox, others invest $40 mn in e-comm, delivery startup Dunzo

Dunzo witnessed a robust growth amid the Coronavirus (Covid-19) pandemic and is now a $100 million annualised GMV value business

Amazon partners with Startup India, others to boost e-commerce exports

An accelerator programme to help early-stage startups is to be launched

Dunzo raises Rs 293 cr in Series E funding round from Google, Lightbox

Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria also took part

Salesforce Ventures leads funding round of $15 mn in tech startup Darwinbox

Darwinbox is a human resources technology platform and its technology powers more than 500 global enterprises with over 1 million employees spread across 60 countries

Smart toilets to rockets: Startups pitch innovations to PM Modi at Prarambh

Apps that improve lives of the visually impaired, mobile brick making machines, jackfruit flour that helps control diabetes and biodegradable PPE kits were other innovations on display

21% startups and MSMEs benefited from govt Schemes in 2020: Survey

For many years now, startups and MSMEs have been reeling under the complex burden of India's difficult taxation policies

Best of BS Opinion: Unicorns coming of age, Punjab's real problem & more

Here's a selection of Business Standard opinion pieces for the day

Flipkart picks 8 finalists for startup accelerator program; $25,000 grant

The startups will now undergo a 16-week mentorship program and receive an equity-free grant of $25,000

Nao Spirits and Beverages raises $2 million led by existing investors

Nao Spirits and Beverages on Monday said it has raised USD 2 million (around Rs 15 crore) in a funding round led by existing investors, family offices and a boutique VC firm. The company which is into premium craft gin space has now raised a total of USD 5 million (over Rs 35 crore) since inception in 2015. The company however did not disclose the investors of this funding round. The fresh Series A investment is expected to be utilized for expanding to new markets in India in states like Rajasthan, Haryana, Assam, Arunachal Pradesh and Meghalaya along with new export markets, the company said in a statement. Besides, it will also be used for brand promotion and marketing efforts, it added. "It has further been heartening to receive a very tangible vote of confidence from our new and existing investors who have got behind us in this time which has proven to be challenging for most," Nao Spirits and Beverages Co-Founder & CEO Anand Virmani, said. The company will now be able to ste

Cosmetics startup Nykaa plans IPO, eyes $3 billion in valuation: Report

The cosmetics startup is backed by TPG

Hospitality firm Oyo raises Rs 54 crore from Hindustan Media Ventures

Hospitality firm Oyo has raised Rs 54 crore from Hindustan Media Ventures as part of Series F1 round

Urban Company's FY20 loss widens to Rs 155 cr, revenue doubles to Rs 263 cr

Urban Company saw its consolidated losses widen to Rs 155.17 crore in financial year 2020 on account of higher expenditure