Page 11 - Company - Start-ups - News
Economic Survey: Number of space start-ups double in 2021
Two-thirds of India's space start-ups have been added in the last two years
 "Economic Survey: Number of space start-ups double in 2021")
Indian startup ecosystem generated over 600,000 jobs: President Kovind
Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.
 "Indian startup ecosystem generated over 600,000 jobs: President Kovind")
Industrial B2B startup Moglix's valuation tops $2.6 bn with $250 mn funding
Early investors, who had bet on Moglix at the seed stage, have seen an 80x return on their investment in this B2B commerce firm
 "Industrial B2B startup Moglix's valuation tops $2.6 bn with $250 mn funding")
Akshay Kumar-backed Social Swag raises $3.5 mn in pre series A round
The round has been led by IMEF and Unicorn India Ventures, which has made its maiden announcement in a content creator economy specialist platform
 "Akshay Kumar-backed Social Swag raises $3.5 mn in pre series A round")
PM Modi lauds youth for taking India to world's top 3 in creating startups
Prime Minister Narendra Modi on Friday said that India's youth has taken the nation to the top-3 in the world in terms of creating startups.
 "PM Modi lauds youth for taking India to world's top 3 in creating startups")
Lee Fixel's Addition leads $14-mn funding in SaaS startup SuperOps.ai
The funding would enable company to disrupt the stagnant managed service providers market and take on legacy vendors with its newly launched AI-powered PSA-RMM platform
 "Lee Fixel's Addition leads $14-mn funding in SaaS startup SuperOps.ai")
AI-powered digital skills assessment start-up iMocha Raises $14 million
The new funding will be deployed to increase iMocha's skill library selection, reach more global enterprises, and widen its partnership base within the HR Tech ecosystem.
StreamAlive raises $1.53 mn in pre-seed round led by Speciale Invest
Other marquee investors included micro VC funds, founders of private-company software unicorns, MIT professors, CEOs of public firms, and other angel investors and corp execs
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.
 "Kissht raises Rs 100 cr in funding led by Trifecta Capital, Northern Arc")
Growth School raises $5 mn led by Sequoia Capital and Owl Ventures
The startup plans to venture into newer markets and as part of that foray, also explore metaverse for education
 "Growth School raises $5 mn led by Sequoia Capital and Owl Ventures")
MinIO raises $103 mn in Series B funding round, joins the Unicorn list
Investment was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Capital, General Catalyst and Nexus Venture Partners
Sequoia Capital India Surge programme has 20 start-ups in sixth version
As many as 246 founders from 112 start-ups across more than 15 sectors to take part in event.
 "Sequoia Capital India Surge programme has 20 start-ups in sixth version")
Darwinbox is first Saas-based company to turn unicorn this year
Darwinbox saw a huge uptick for its services as the pandemic forced employees to work from home
 "Darwinbox is first Saas-based company to turn unicorn this year")
Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae
Smiles.ai has raised 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital
 "Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae")
Health and travel platform Hospals raises $3.5 mn in pre-series A round
The startup has already served over 22,000 patients from 38 countries to get medical advice, teleconsults and surgical treatments across over a hundred hospitals in its network
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")
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"
Over 2,250 startups added in 2021, raised $24.1 bn: Nasscom-Zinnov report
More than 2,250 startups were added in the year 2021, over 600 more than what was added in the previous year, a report by Nasscom and Zinnov said on Friday.
 "Over 2,250 startups added in 2021, raised $24.1 bn: Nasscom-Zinnov report")
Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave
Anu Meena, an IIT Delhi alumni started Agrowave to solve the problem faced by her grandfather and millions of farmers in selling their fresh produce.
 "Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave")
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
