Page 5 - Startups In India

Get a masterclass on the art of scale-up from start-up wizards

Tech world's prime-movers set up Artha School of Entrepreneurship.

Rethinking the start-up economy

This is a good time to give another thought to the place of start-ups in the world of finance and business

Flipkart $100 mn venture fund invests in 6 startups, will mentor them

Companies with a range of innovations will receive an equity investment of up to $500,000

Investment firm Stride Ventures closes second India fund at $200 mn

Stride Ventures, announced the close of its second India fund at $200 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.

EV charging start-up Exponent Energy raises $13mn in series A funding

Exponent Energy, an electric vehicle charging start-up, said has raised $13 million in a Series A funding round led by Lightspeed and attended by institutional investors.

India holds world's highest rate of recognising start-ups per day

Currently, there are 75,000 start-ups in the country, which coincides with the 75th year of independence

Indian start-ups' road to profitability

Indian startups are shedding the extra flab put on during the days of easy money. Layoffs and cost restructuring are the only way out for them now. They are shifting from growth to profitability now

EV firm River gets $11 mn in funding to set up manufacturing plant

Uber and Twitter investor Chris Sacca's fund backs Bengaluru-based company preparing its first electric scooter

Tiger Global and SoftBank trim investments in India by over a third in 2022

Start-ups feeling the heat, but funds like PremjiInvest increasing exposure

Family offices bet bigger on start-ups, opt for direct investments

Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Child, maternity products marketplace Nestery raises Rs 6 cr in funding

Start-up will use the funds to expand team, improve technology and generate original content

Mergers & acquisitions on rise as startups diversify into newer spaces

The second half of 2022 will see further consolidation as established start-ups look for M&A opportunities at attractive valuation to increase market share

Emami acquires 30% stake in a pet-care startup Cannis Lupus Services

Leading FMCG company Emami on Thursday announced to acquire a 30 per cent stake in a pet-care startup Cannis Lupus Services India for an undisclosed amount. Cannis Lupus Services India offers Ayurvedic remedies for pets under the brand "Fur Ball Story". It uses a wide range of plants and herbs to formulate its medicines, said a joint statement. "The extensive knowledge and experience of pet care and pet training acquired by Cannis Lupus over the years would be helpful in developing and scaling up the business soon. Cannis Lupus under the brand 'Fur Ball Story' would thus be focusing on the fast-growing pet care segment with its Ayurvedic range," the statement added. Emami Vice Chairman and Managing Director Harsha V Agarwal said the pet care segment in India is witnessing rapid growth. Now, with rising disposable income, more people are getting house pets, especially dogs. "Further, with increasing awareness of the psychological & physical benefits of having a pet at home, people .

FitterFly raises $12 mn in series A funding led by Amazon Smbhav, Fireside

The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes

First Cheque closes second fund at Rs 38 cr, plans to invest in 50 startups

First Cheque aims to be the earliest institutional capital available for founders and seeks to achieve this by investing at the pre-seed stage

Shiprocket buys Arvind's omnichannel unit in Rs 200 cr stock-and-cash deal

Companies aim to reduce delivery time and improve customer experience by combining their expertise

Funding in startups drops by 17% to USD 6 billion in April-June: Nasscom

Funding in startups dropped by 17 per cent on quarter-on-quarter basis to USD 6 billion (about Rs 47,800 crore) in the April-June period, industry body Nasscom has said

Swapping batteries: How India is moving ahead with adoption of EVs

Across the Indian capital's dense localities, battery swapping stations are becoming a frequent site at local provision stores and small retail outlets

Nearly 60 startups register with ISRO since opening of Indian space sector

Union Minister Jitendra Singh said that about 60 startups have registered with ISRO since the "unlocking" of the Indian Space sector recently by Prime Minister Narendra Modi, and quite a few of them are dealing with projects related to space debris managementThe other startups' proposals vary from nano-satellite, launch vehicles, ground systems, research etc.This was stated by the Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh while speaking after inaugurating the "ISRO System for Safe and Sustainable Operation" (IS4OM) at ISRO Control Centre, in Bengaluru on Monday.Jitendra Singh recalled that only last month, Prime Minister Narendra Modi had, during the inauguration of IN-SPACe headquarters at Ahmedabad, said, "When the strength of government Space institutions and the passion of India's private sector will meet,