Page 12 - Company - Start-ups - News

Govt taking significant steps to boost startup ecosystem: Piyush Goyal

The government is taking significant steps such as resolving the angel tax issue, simplification of tax procedures, and self-certification, Commerce and Industry Minister Piyush Goyal said on Friday.

Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation

The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors

M2P Fintech raises $56 mn led by Insight Partners, eyes global expansion

The company has raised more than $100 million in the past year

Why Indian drone startups are lagging behind in the fund-raising race

Industry players say that investors tend to shy away when the govt is the largest customer for a small company. But that is just the tip of the iceberg

Customer onboarding platform Rocketlane raises $18 mn in funding

The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to $21 million

Rocketlane raises $18 mn in series A round fund led by 8VC

Firm founded by ex-Freshworks executives; series A has been raised just 7 months after seed

Fintech platform Finsall raises Rs 12 cr in pre-series A funding

This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.

Logistics optimising platform MatchLog raises $3 mn in pre-series-A round

MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards

SaaS starup Trainn raises $700,000 in seed round led by Speciale Invest

With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.

NowPurchase raises $2.4 mn seed from Orios Venture, InfoEdge Ventures

Angel investor Neeraj Arora (ex-WhatsApp global business head & Co-Founder HalloApp) also participated in the round

Pet treat brand Dogsee Chew raises Rs 50 cr in Series-A funding round

Drugmaker Mankind Pharma and existing backer Sixth Sense Ventures participate; recipient is only company to offer 100% vegetarian dog treats

New startups given 2 yrs exemption from new reservation law: Haryana Dy CM

Short-term works, extending up to 45 days, will also be exempted from the Act, he said

MyCaptain raises $3 mn in Pre Series-A funding led by Ankur Capital

This funding will be utilised to further scale course offerings, acquire more users, and expand the team

1,000 biz owners to launch Paytm founder-backed social media Pepul on R-Day

Firm plans to raise Rs 200 cr by June for expansion

Startup Your-Space raises $10 million to grow student housing biz

Student housing startup Your-Space has raised $10 million (around Rs 75 crore) from a clutch of investors for the expansion and growth of its business

50 more startups with the potential to be unicorns in 2022: Report

India has 50 startups with the potential to achieve the coveted unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100

Agritech startup DeHaat acquires Helicrofter, to empower farmers

Agritech startup DeHaat on Monday said it has acquired Maharashtra-based B2B agri-input marketplace startup called Helicrofter, for an undisclosed sum

Hopscotch turns profitable, eyes Rs 1,000-crore yearly revenue

The company has claimed to have grown from Rs 100 crore to Rs 500 crore in the past 5 years

We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Founders and investors laud move to celebrate National Start-up Day on January 16 - but say that more needs to be done to help sector