Page 24 - Startups

From fashion to food, behind the scenes of India's direct-to-consumer rush

Over 600 brands born on the internet are selling to customers directly in India. It is now called the direct-to-commerce rush. Let us understand how this trend is shaping up in Indian e-commerce

Battery Smart raises $7 million in pre-Series A funding round

EV battery swapping network Battery Smart on Tuesday said it has raised USD 7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures. The fresh capital will be deployed for strengthening the startup's battery assignment technology, scale its operations to service 10,000 electric vehicles daily, and expand to three new states by this fiscal, a release said. The other investors who participated in the pre-Series A round include Green Frontier Capital, Baring Private Equity India, and angel investors such as Srinivas Anumolu (Founder - Elance, TutorVista, Bigbasket, Bluestone), K Ganesh (Serial Entrepreneur & Partner - GrowthStory.in), Niraj Singh, (Founder and CEO - Spinny), and Amit Bhasin (Co-Founder - GoMechanic), it said. Besides, alternative debt platform TradeCred, India's leading alternative debt also participated as a debt partner with Rs 24 crore investment, the startup said in a release. Co-founded by serial ...

Kallol Banerjee on Rebel Foods' journey from QSR to cloud kitchen unicorn

What did Rebel Foods do differently to become India's first unicorn in the cluttered cloud kitchen market? In this interview, co-founder Kallol Banerjee discusses the journey and the way forward

TMS, Ep 36: Muhurat trading, IRCTC U-turn, Rebel Foods Q&A, and AR-VR-MR

What will be the biggest market drivers in Samvat 2078? What does govt U-Turn on IRCTC mean for other PSUs? How did Rebel Foods become India's first cloud kitchen unicorn? Get all the answers here

Start-ups make it to the Rich List this year but lag in charity

Only Nikhil and Nithin Kamath, Ronnie Screwvala, Binny Bansal, and Radha & Sekar Vembu make the cut

Ayushman Bharat Digital Mission: Big opportunity for healthtech startups

The Ayushman Bharat Digital Mission could truly democratise healthcare access in India. It could also be a major boon for India's healthtech startups. Let's understand the scope of this opportunity

Hyperlocal ecommerce start-up LoveLocal raises $18 mn in pre-Series B round

The company claimed that this is the largest round ever raised by a solo woman tech founder in India

Fintech startup Clear raises $75 mn in funding at valuation of $700-800 mn

Company says its SaaS platform has grown 5x in the past 18 months

Arora to Damera: Young promoters of start-ups enter India's rich list

Among the unicorns entering the list for the first time, the most notable names are BrowserStack's promoters

Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business

Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment

Pine Labs enters online payments with three products under one platform

Firm says its 'Plural' platform is built to disrupt payments gateway space, make offline-to-online shift easier for merchant base and other online businesses

Aiming for $25 bn annual payments processed on Plural: Pine Labs CEO

Company says it now plans to disrupt the payments space through a suite of online payment products focused on speed, security, and user experience

Small towns will write next chapter of India's startup story: Oyo CEO

Small towns will write the next chapter of India's startup story, OYO Founder and Chairman Ritesh Agarwal said on Tuesday, as he extended his support to four startups from Ladakh and the Himalayan region that are part of the Naropa Fellowship programme. Naropa Fellowship, co-founded by Drukpa Thuksey Rinpoche and Pramath Raj Sinha is a Ladakh-based fellowship programme aimed at creating environmentally and socially conscious entrepreneurs from the Himalayan region. "Small towns in India will write the next chapter of India's startup story & I'm delighted to extend my support to this momentum, through an initial pledge of INR 1CR equity-free grant & mentorship to entrepreneurs across India-starting with 4 fantastic startups from @TheNaropa," Agarwal said in a tweet. Small town entrepreneurs often struggle with a lack of access to resources and expertise, he added, stating that through strategic feedback, mentorship sessions and funding, he looks forward to doing his part for ...

Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups

Investor says unique business positioning of the five firms and ability to survive through adversities like Covid is what made them attractive propositions for BlackSoil

Graphy acquires edtech platform Spayee for $25 million

Spayee allows content creators to produce customised courses in the form of audio and video tutorials, PDF documents, quizzes, assignments, and live classes

Chingari raises $19 mn, picks Solana blockchain for its crypto token

Short-video platform Chingari on Friday said it has raised over $19 million that will help it build its token called '$GARI' with Solana, the fastest-growing ecosystem in crypto technology.

Robotics startup Ishitva raises $1mn in pre-series A funding led by IPV

Ishitva offers a range of solutions including SUKA (AI powered air sorting), YUTA (AI powered robotic sorting) and Netra AI vision system, which helps in identifying waste and smart bins

Decoded: What are unicorns, decacorns and hectocorns?

We hear the term unicorn so very often for startups that are doing well. So what are unicorns in the startup universe? Can only startups become unicorns? Let's understand all these

Qapita raises $15 mn in Series A round led by East Ventures, Vulcan Capital

Qapita had raised $7.25 million in earlier rounds of funding

Chalo raises $40mn in funding round led by Lightrock India, Filter Capital

Public transport technology company says it will use money to expand its bus support services.