Page 35 - Startups

Ahmedabad startup Matter to launch EV two-wheelers in Q4 of Calendar 2021

Designed to cater to the mass adoption market, the vehicles will be eligible for FAME-II subsidies

Indian startups attract $10.14 bn in funding in 2020, says report

Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said.

With talk of an IPO in the air, Falguni Nayar shares her Nykaa journey

Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into

Instamojo onboards more than 50% new recruits from Tier 2 and 3 towns

The fintech firm announced work from home as a permanent feature in the days ahead. The recent hiring cycle saw new hires from Tier II and III towns such as Krishnagiri, Kolar, Dehradun and Sitapur

Best of BS Opinion: Start-up's flights of fancy, powering mobility & more

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

Start-up's flights of fancy

India's first home-grown messenger app Hike shut down and vanished from app stores on Monday

Amazon's accelerator scheme to help Indian startups create global brands

The e-commerce giant has launched Amazon Global Selling Propel (AGSP), an initiative designed to provide dedicated support to emerging Indian brands and startups to reach customers the world over

Udaan plans to grab 10-15% of overall B2B retail market in the next 7 years

The B2B market (excluding industrial goods) stands at $780 billion and on an annualised basis, Udaan has already clocked up $2.4 billion in gross merchandising value

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

What unicorns' coming of age means for big business and retail investors

While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

India keen to support drone startups for diverse applications: Hardeep Puri

Minister says tech being developed by country's startups will ensure drones perform mandated functions without any concerns on security

Agritech start-up Ergos receives Rs 22.5 crore from UK's CDC Group

Agritech start-up Ergos on Wednesday said it has received Rs 22.5 crore (USD 3 million) from the UK's CDC Group as the closure to its Series-A round, which constituted Rs 81 crore (USD 11 million).

CoinSwitch Kuber raises $15 mn in funding from Ribbit Capital, Paradigm

CoinSwitch Kuber, a cryptocurrency investment platform, on Wednesday said it has raised 15 million in funding, led by Ribbit Capital and San-Francisco based crypto focused investment firm Paradigm

Byju's in talks to buy Aakash Educational Services for $700 million

New Delhi-based Aakash Educational Services Limited (AESL) is the biggest education organisation in India

IoT-enabled devices are proving handy in cutting water wastage on farms

IoT-based technology is also coming handy in making farm management easier, especially for urban farmers who, unable to maintain their farmland on their own, leave it to farmers in rural areas

Sequoia-backed Rebel Foods eyes global expansion of cloud kitchens

Raising funds to become next unicorn

Food-grocery marketplace Jumbotail completes $25 million fundraise

Tech startups including Jumbotail are poised to transform the kirana store ecosystem at an unprecedented pace and scale over the next few years

India added 1,600 tech start-up, 12 unicorns in 2020: Nasscom report

Depending on headwinds, 2021 promises to be a positive year for Indian tech start-ups - marching steadily towards a trillion-dollar digital economy goal

The long-term growth opportunity 2021 presents

The digital super cycle will encompass progress in all areas and will accelerate further on advancements in machine learning and artificial intelligence