Page 20 - Startups
In-app gaming merchandising firm Rucept raises undisclosed seed fund
The company's products increase engagement, retention, and profitability for studios and creators.
 "In-app gaming merchandising firm Rucept raises undisclosed seed fund")
Indian blockchain start-up Polygon bags $450 mn from Sequoia, Tiger Global
Polygon is an Ethereum scaling platform that enables developers to build scalable DApps (decentralised apps) with low transaction fees without sacrificing on security
 "Indian blockchain start-up Polygon bags $450 mn from Sequoia, Tiger Global")
Teenagers with out-of-the-box ideas tackling problems through start-ups
These young entrepreneurs are dispelling the myths associated with founders - that one has to be an engineer
 "Teenagers with out-of-the-box ideas tackling problems through start-ups")
Agritech startup EekiFoods raises $2 mn from Avaana Capital, others
It grows high-quality, residue-free Indian staple vegetables through its patent-pending Plant Growth System
 "Agritech startup EekiFoods raises $2 mn from Avaana Capital, others")
Indirect Taxes: Union Budget 2022 is a transformative and progressive
The focus on India's startup ecosystem, the ease of doing business and green energy will shore up growth momentum and benefit multiple stakeholders.
 "Indirect Taxes: Union Budget 2022 is a transformative and progressive")
States perfect their start-up pitch
The Delhi government is also rushing to prepare a start-up policy to promote new-age businesses
 "States perfect their start-up pitch")
Direct Taxes: Budget doesn't touch slabs, offers relief to co-ops, startups
FM reduces MAT for cooperative societies to 15% from 18.5%, bring them on par with companies; relief for state govt staff, differently-abled persons
 "Direct Taxes: Budget doesn't touch slabs, offers relief to co-ops, startups")
Industry, agri startups welcome Budget's focus on strengthening farm sector
The industry welcomed the Budget's focus on the agriculture sector, including developing infrastructure and expanding the role of technology.
 "Industry, agri startups welcome Budget's focus on strengthening farm sector")
Tech upskilling start-up Scaler completes $55-million funding
With this fresh round of funding, the total capital raised by Scaler Academy since January 2020 stands at $76.5 million with a valuation of $710 million
 "Tech upskilling start-up Scaler completes $55-million funding")
200 Indian startups to showcase business ideas, innovations at Expo 2020
Dubai Silicon Oasis (DSO) and India Innovation Hub on Monday announced a partnership with Indian online travel company EaseMyTrip and UK-headquartered investment banking company HSBC
 "200 Indian startups to showcase business ideas, innovations at Expo 2020")
Thrasio-styled venture UpScalio invests in home, gardening brand Truphe
Honey Gupta started Truphe in 2015. The brand has seen immense growth in the last few years, riding on the spike in customer interest in gardening, said the company.
 "Thrasio-styled venture UpScalio invests in home, gardening brand Truphe")
Have not terminated services of any employee, says BharatPe Board
The Board said it remains committed to an independent and thorough audit process. It said no action has been taken or will be taken till the audit has been completed
 "Have not terminated services of any employee, says BharatPe Board")
Kissht raises Rs 100 cr in funding led by Trifecta Capital, Northern Arc
The company has so far raised over Rs 270 crore in equity and over 1,200 crore in debt investments.
Ola Electric raises $200 mn in funding at a valuation of $5 billion
In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at $3 billion
 "Ola Electric raises $200 mn in funding at a valuation of $5 billion")
Demand for office space up 50% in 2021 led by startups, tech cos: Colliers
Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, said real estate consultancy firm Colliers
 "Demand for office space up 50% in 2021 led by startups, tech cos: Colliers")
Start-ups continue to witness a rapid growth trajectory, shows data
NASSCOM, in collaboration with Zinnov, on Friday released its annual start-up study, titled "Indian Tech Start-up Ecosystem: Year of The Titans"
 "Start-ups continue to witness a rapid growth trajectory, shows data")
IncubateHub to launch 9 thematic demand-led accelerators
Strategic backing from Venture Catalysts and 9Unicorns; company will launch specific solutions for the growing CVC market in Asia
 "IncubateHub to launch 9 thematic demand-led accelerators")
Stader Labs nets $12.5 million led by Three Arrows Capital, others
The Bengaluru-based startup is a non-custodial, smart contract-based staking platform that helps retail and institutions discover and access staking solutions
Customer onboarding platform Rocketlane raises $18 mn in funding
The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to $21 million
New startups given 2 yrs exemption from new reservation law: Haryana Dy CM
Short-term works, extending up to 45 days, will also be exempted from the Act, he said
 "New startups given 2 yrs exemption from new reservation law: Haryana Dy CM")
