Page 23 - Startups

BSE, HBF Direct sign pact to promote listing of SMEs, startups

Leading stock exchange BSE on Tuesday said it has collaborated with HBF Direct Ltd to encourage and promote listing of small and medium enterprises (SMEs) and startups across India. HBF Direct is a management consultancy company and offers advisory services to SMEs and corporates in the areas of corporate, finance & legal, fundraising and IPO advisory. Through this pact, HBF Direct will assist the exchange in evaluating SMEs and startups for listing on BSE's SME & startups platform, the exchange said in a statement. In addition, the management consultancy company will also refer curated SMEs and startups to BSE for the listing. Further, the two entities will host joint road shows and events across India for creating awareness and to promote listing of SMEs and startups on the bourse's platform. "At a time when small businesses are slowly recovering from the economic impact of Covid-19, equity funding can be of paramount importance. By leveraging existing client base of HBF ...

Agritech startup AgroStar raises $70 million from investors for expansion

Agritech startup AgroStar has raised USD 70 million (around Rs 527 crore) from Evolvence, Schroders Capital, Hero Enterprise and UK's development finance institution CDC to expand its business

IIT Madras faculty founded 94 startups till Oct, valued at over Rs 1,400 cr

From a startup aiming to make hybrid aerial vehicles to the converting waste to crude oil, faculty members at IIT Madras founded at least 94 enterprises having a combined valuation of over Rs 1,400 cr

The myth of being your own boss

The aura around the heroes of the start-up world has added to the lure of entrepreneurship

Cred to acquire expense management start-up Happay at $180 mn valuation

Happay is a business expense, payments and travel management platform serving over 6,000 businesses

Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report

Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story of growth and focus over the past decade

CollegeDekho raises $35-mn funding from QIC, Disrupt ADQ and others

CollegeDekho, an online college admissions and higher education services platform, on Wednesday said it has raised USD 35 million (about Rs 260 crore)

Arunachal Pradesh governor asks students to set up startups, provide jobs

Arunachal Pradesh Governor Brig Dr B D Mishra (Retd) asked students to set up startups and become job providers, instead of running after government jobs. Addressing the 19th convocation of Rajiv Gandhi University (RGU) here on Tuesday, the governor said that agriculture and its related work fields provide good opportunities for startup. Mishra said if the students are determined and willing to respect the dignity of work and labour, there is a big scope everywhere for good livelihood. He advised them to acquire merit and not bribe for their mission accomplishment. Always abide by law and be a man of cent per cent humane virtues, he stressed. He asked the passing out students to inculcate seven chapters of behaviour including, transparency, accountability, probity, promptness, equal dispensation, audit and mid-course correction. He said that they must also have self discipline, which inter alia, includes punctuality, respect for elders, assisting every child of 5 years of age to g

Start-up pay cheques, ESOPs are creating a new breed of angel investors

These high-earning start-up executives generally invest cheque sizes of Rs 2-5 lakh and are drawn to companies in the seed stage

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

TMS, Ep 46 - Zomato diversification, 10Club Q&A, Paytm stock, bank deposits

Will Zomato's diversification deliver unicorns? How does 10Club's Bhavna Suresh plan to scale up businesses? Can Paytm surprise us after market debut? What are FDs and RDs? All answers here

EV startup Lucid Motors now more valuable than Ford Motor Group

Electric vehicle startup Lucid Motors market value has exceeded Ford Motor Group to $89.9 billion, after it closed at $55.52 a share, Al Arabiya reported.

Sebi proposes stricter IPO norms as startups listings gather pace

The proposals come amid a record Rs 1-trillion-plus mop-up through IPOs this year, the bulk of which came from new-age and loss-making companies

Will invest in India's metaverse, crypto startups: Antler's Rajiv Srivatsa

The real foundational businesses still take 10 years to build. You can't fast forward it beyond a point, says VC fund's India head

Huge opportunities for Korean firms in India's startup ecosystem: Goyal

Huge opportunities exist for Korean investors in India's startup ecosystem and both the countries need to increase collaboration in sectors such as automobile, textiles, food processing, Goyal said

Paytm founder says surge in valuations for Indian startups is here to stay

Indian startups are not overpriced and "many are underestimating what India's opportunity will be," Vijay Shekhar Sharma, founder and Chief Executive Officer of Paytm said

India's PE/VC funding leads widening over peers, developed markets

More capital flowing to Indian entrepreneurs relative to GDP than in other countries

EV charging platform ElectricPe raises $3 million funding in a Seed Round

Electric Vehicles (EV) charging platform, 'ElectricPe', on Thursday announced that it raised a Seed Round of USD 3 million, led by Blume Ventures and Micelio Fund

Zomato invests $275 mn in four startups, will deploy $1 bn over two years

Propels Curefit to unicorn club by investing at $1.66 bn valuation

Unnati raises Rs 60 crore from 3 firms including Incofin Investment

Agritech startup Unnati on Wednesday said it has raised Rs 60 crore in Series A funding from Incofin Investment Management, NabVentures and Orios