Page 29 - Company - Start-ups - News

D2C sports brand Elevar raises funding from Kalaari, Dream Sports

The company will utilise the funds towards expanding its product portfolio, increasing its marketing efforts, and building out its team.

PM Narendra Modi hails India's start-up culture on 'Mann ki Baat'

PM Modi asserted that it is a sign of India's bright future

Eye on India's IPO map: MapMyIndia plans to go public, raise Rs 1,200 crore

India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation

NeST Group launches digital service, plans to create 1,000 jobs

The NeST group of companies on Friday announced the launch of NeST Digital, its formal re-entry into the digital engineering services sector, and said it will create 1000 jobs

Online debt arranging platform CredAvenue to double headcount by March 2022

CredAvenue, the online debt arranging platform from Vivriti Capital, plans to double its headcount to 700 by March 2022 to drive its accelerated growth plans

Processing about 1.5 bn transactions a month: PhonePe CEO Sameer Nigam

Nigam said that the fintech firm is aiming to reach 900 million people in the next 8-10 years

Meity Startup Hub, Paytm to launch programme to support deep-tech startups

Paytm has signed an agreement with IT ministry's startup hub to scale deep-tech startups by providing access to platform, knowledge series, experts, resources, and larger community of stakeholders.

ChrysCapital, True North Managers and others invest $150 mn in QuEST Global

The existing investors - Bain Capital, Advent, and GIC, continue to remain invested. O3 Capital acted as the sole financial advisor to the transaction

Govt launches SAMRIDH scheme to help startups in their initial phase

SAMRIDH will create a conducive platform for Indian software product startups to enhance their products and secure investments for scaling their business

2am VC plans to invest $10 mn in over 50 Indian startups by 2022-end

US-based venture capital firm 2am VC on Wednesday announced plans to invest USD 10 million in more than 50 Indian startups by the end of next year.

Govt to launch special incentive scheme to support 75 start-ups

The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence

Early recovery for travel portals, little impact of likely third wave seen

Higher pace of vaccination, lifting of lockdown curbs is aiding recovery; but it is clipped as only 72.5% of airlines are allowed to fly as per present rules

Govt launches SAMRIDH Scheme to help startups in the early stage

The SAMRIDH initiative will not only provide funding to startups, but will also help in bringing skill sets together which will help them become successful

Agritech robotics startup TartanSense raises $5 mn in Series-A funding

TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes

Govt launches schemes to support 300 start-ups for creating 100 unicorns

The govt launched a programme to support 300 IT start-ups under which it will provide seed funding, mentorship and market access with a view to creating 100 unicorns out of the selected start-ups

D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding

Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr

Work cohesively to create India's own equity capital: FM to India Inc

Govt exploring insurance bonds as alternative to bank guarantees

House of Kieraya raises $15 million in asset financing from TradeCred

House of Kieraya (HoK), known for furniture and lifestyle rental brand Furlenco, on Tuesday said it has raised $15 million from alternative debt platform TradeCred

John Abraham, others invest Rs 4 crore in icecream maker NOTO

Actor John Abraham and a clutch of venture capital (VC) funds have invested Rs 4 crore in NOTO, the low-calorie and high-protein icecream brand said on Tuesday

BharaPe enters P2P lending with '12% club', taps NBFCs to sell product

The '12% club' will allow consumers to not only earn up to 12% interest on the funds they invest but also borrow at an interest rate of 12%