Page 9 - Startups

India's ambassador to US asks CEO of TAC Security to help start-ups

India's ambassador to US Taranjit Singh Sandhu has asked Trishneet Arora, Ludhiana-born 28-year-old founder and CEO of TAC Security, to help startups in India. Arora's prodigious cyber security skills are making a mark not just in India but even globally. "From Punjab to California! Good interaction w/ young entrepreneur @TrishneetArora, Founder & CEO @tac_security, leading cyber security firm," tweeted Sandhu after meeting Trishneet. According to Sandhu's tweet, they discussed cyber threats, technology and knowledge parternship and the importance of mentorship and skill development. Sandhu said he encouraged Arora to help startups in India including those in Punjab. Arora said, "He (Sandhu) was quite impressed with what we are doing at TAC Security and encouraged me to help entrepreneurs in India and Punjab, my native state." "I will certainly give back to my motherland in more ways than one," he said, adding that ambassador Sandhu is immensely concerned about the future of ...

India is becoming world's start-up capital: Microsoft India's Sangeeta Bavi

Start-ups going through ups and downs is a reflection of the economy and the market, says Bavi

Several startups in India may lose their Unicorn status, says report

In total, around 105 start-ups in India attained the status of Unicorns between 2018 and 2022 but the active number of unicorns has now been reduced to 84

Made-in-India VCs continue to grow in numbers despite economic headwinds

145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data

PhonePe in talks to raise $700 million at $12 billion valuation

Digital payments firm seeking investors' support to scale up operations and compete with rivals

Top headlines: CCI penalty on Google, funding winter for startups, and more

Business Standard brings you the top headlines at this hour

Giving back: Start-up entrepreneurs double their donation in FY22

Top 3 from start-ups are Nithin and Nikhil Kamath of Zerodha, Ronnie and Zarina Screwvala of Unilazer group and ex-Flipkart founder Binny Bansal

From layoffs to cost-cutting, start-ups brace for long funding winter

Favourite haunts of start-up community in Bengaluru and Gurugram reflect the sombre mood

We bet on startups catering to the middle of the pyramid: Arkam co-founders

In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive

Pandemic effect: Fading or going strong?

Fintech, Edtech, Healthtech- most trends that got people through the pandemic have lost their charm. WFH, however, continues to win hands down among employees

D2C meat brand Pescafresh to expand presence in Bengaluru, Gurugram

Will set up processing units conforming to HACCP and FSSAI standards at both locations by November

Kaivalya Vohra: The Standford dropout who took startup ecosystem by storm

In an interview with Business Standard, Kaivalya Vohra talks about dropping out from Stanford and starting his venture, the current startup scenario and the future of quick commerce in India

Edtech platform Vedantu takes majority stake in Deeksha for $40 mn

This partnership seeks to leverage Vedantu's technology and integrate it into offline centers to create a scalable hybrid model

At $2.7 billion, startup funding in India at 2-year low in Q3: PwC India

The startup funding activity declined to $2.7 billion in Q3CY22 from $6.6 billion in Q2CY22

Fireside Ventures announces $225-mn fund for investment in Indian startups

Venture capital firm Fireside Ventures on Wednesday announced closing of its third fund at USD 225 million or Rs 1,830 crore, which it plans to invest in Indian startups over a period of the next 10 years. The new fund is double the size of its previous fund. "We have closed out Fund III at USD 225 million which is about Rs 1,830 crore. We plan to invest Fund III in 25-30 startups in keeping with the Fireside thesis of digital-first consumer brands, across the spectrum of health and wellness, edutainment, lifestyle and FMCG," Fireside Ventures Partner Kannan Sitaram said here. According to Fireside Ventures, the market for D2C brands in India is set to touch USD 100 billion by 2025. Fireside Ventures has invested in 31 brands that include The Baker's Dozen, boAt, Mamaearth, Bombay Shaving Company etc. Launched in 2017, Fireside Ventures with the close of its Fund III has Rs 3,000 crore (USD 395 million) of assets under management. "The first fund had a corpus of Rs 340 crore and

Unicorns feel funding winter chill, see fall in numbers: Hurun global index

The valuation firms like Quikr, Paytm Mall, have dropped below $1 billion. Shopclues and Blinkit were acquired for a fraction of their billion-dollar valuation

D2C footwear start-up Yoho raises Rs 20 cr in pre-series A funding

Funds will be used by the company to create capabilities for new product propositions and sustainable manufacturing standards

Govt to provide collateral-free loans to start-ups under CGSS framework

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers)

Mumbai Angels raises $ 2mn funding for recruitment automation start-up

TurboHire ensures accuracy in candidate selection and reduces the cost and time spent on hiring

Agritech start-up Falca raises $3 mn in funding for expanding business

Company enables farmers to sell their products directly to consumers without extra costs like logistics, packaging