Page 49 - Company - Start-ups - News

Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years

With the startup ecosystem blooming in India, the number of such funds rose from 29 in 2014 to 88 funds last year

Isro on a mission to give leg-up to start-ups in space sector

Isro has embarked on a mission to take startups in the space sector to a higher business orbit

Indian Bank signs MoU with IISc initiative to fund start-ups, MSMEs

State-owned Indian Bank on Friday said it has entered into an MOU with Society for Innovation and Development (SID), an initiative of Indian Institute of Science

35 Indian enterprises make it to the first Startup Bridge Canada programme

SBC will run a six-week Canada access market programme; 50 mentors from Canada onboarded for the programme

After losing to WhatsApp, Kavin Mittal's Hike aims to rival Facebook

Despite becoming a hit early on thanks to quirky stickers and a privacy feature that let teenagers hide chats from parents, Hike's messenger app overtime failed to challenge the popularity of WhatsApp

Small venture capital funds making a beeline for startups: Report

Investments into the startup ecosystem by micro venture capital funds (investments under 30 million) have jumped manifold to USD 341 million in the past three years

Logistics firm Shiprocket raises Rs 200 crore in series C funding round

Investors included Silicon Valley based venture capital firm Tribe Capital

Shiprocket raises $27 mn from Silicon Valley's Tribe Capital, March Capital

The e-commerce shipping firm processes more than 4 mn monthly shipments, enabling more than 100,000 sellers to sell directly to their consumers across India

Goal-setting co Ally.io raises $50 mn from Greenoaks, Tiger Global, others

At a time when the pandemic has accelerated the adoption of technology among enterprises, Ally.io grew revenues by 3.3x.

Startup founders must aim to create institutions, not just valuations: PM

Modi on Wednesday urged India's startup founders to think how to create institutions and not focus on valuations alone

This entrepreneur's sleep-tech firm became a Rs 2,000 cr brand amid Covid

His business has accelerated three-fold as people work from home during the pandemic and are investing in their health

HealthifyMe eyes $400 million revenue run rate by March 2025

The firm said it has seen a significant acceleration in business with a strong growth in user base

Pivot or perish: How three young startups absorbed the Covid shock

They not only withstood the onslaught but scaled new heights too. A Nasscom survey of 250 enterprises last year says over half were looking to diversify seeking new growth opportunities

KreditBee concludes $75 mn funding round from Premji Invest, others

The fintech lending firm's objective is to provide credit to over 180 million new-to-credit customers who were not provided formal credit earlier

Top headlines: 10 Indian startups may get $10 bn in IPO, IBC set to resume

Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. Read Business Standard's top stories here

Tonbo bags multi-million-dollar deal for indigenising Indian missiles

Night-vision startup, which is backed by investors such as Artiman and Qualcomm, has an overall sales pipeline of over $2.5 bn with a near-term execution visibility of $300 mn

Fintech unicorn Razorpay to hire 650 employees in next 10 months in India

The firm announced plans to hire 650 employees across technology, product and business teams in the next 10 months

BharatPe set to become next unicorn after valuation crosses $900 mn

The fintech firm, which competes with players like Pine Labs, Paytm and Mswipe, provides payment technology and digital lending for offline businesses, including kiranas

Koo crosses 3 million users, popularity surges amid Twitter row

Koo has in the last few weeks seen a massive surge in user base as Union ministers and government departments have endorsed the homegrown microblogging platform

India Quotient raises fourth fund worth $80mn for 'game-changing' startups

Venture capital fund has funded close to 70 startups over the last eight years.