Page 52 - Company - Start-ups - News
E-commerce to edtech, start-up firms bloom amid Covid-19 pandemic gloom
Massive beneficiary of the covid situation has been the startups which are growing rapidly on the back of digital adoption, which is witnessing an acceleration worth multiple years in just few months
 "E-commerce to edtech, start-up firms bloom amid Covid-19 pandemic gloom")
InMobi Group: This Make-in-India innovator is raring to go places
Glance, the home-grown firm's newest business, has just received major funding from an unexpected source - Google - vaulting the 18 month-old-unit to Unicorn status
 "InMobi Group: This Make-in-India innovator is raring to go places")
This former Facebook India head finds his sweet spot in vernacular content
Umang Bedi's firm VerSe capitalised on the ban on Chinese apps by launching 'Josh', which claims to have over 77 million monthly active users, 36 million daily users ad 1.5 billion video plays a day
 "This former Facebook India head finds his sweet spot in vernacular content")
Agritech charts a different course for the primary tiller of the land
From warehousing, water credit to farmland management, these start-ups are helping farmers thrive
 "Agritech charts a different course for the primary tiller of the land")
Razorpay eyes $50 billion digital payment volume by December 2021
Fintech major Razorpay also launched new products
 "Razorpay eyes $50 billion digital payment volume by December 2021")
Online education company upGrad acquires recruitment firm Rekrut India
upGrad, an online higher education company, on Tuesday said it has acquired recruitment and staffing solutions company Rekrut India
 "Online education company upGrad acquires recruitment firm Rekrut India")
Venture Catalyst plans to invest Rs 1,000 cr in about 150 startups in 2021
Early stage startup investor Venture Catalyst on Tuesday said it has plans to invest around Rs 1,000 crore in about 150 startups in 2021.
 "Venture Catalyst plans to invest Rs 1,000 cr in about 150 startups in 2021")
Edtech startup upGrad buys recruitment firm Rekrut India
The amount was undisclosed
 "Edtech startup upGrad buys recruitment firm Rekrut India")
How logistics tech became an unexpected gainer in the Covid economy
Start-ups in this space have made strides in modernising logistics with real-time tracking of cargo, algorithm-based route optimisation and big data in addresses
 "How logistics tech became an unexpected gainer in the Covid economy")
OYO to make further investments in Europe: CEO Ritesh Agarwal
Agarwal was speaking at the India Symposium 2020, organised by the Institute of Chartered Accountants of India (ICAI) Netherlands Chapter and India Dutch Financial Corridor (IDFC)
 "OYO to make further investments in Europe: CEO Ritesh Agarwal")
Hiring rapidly, US fintech startup Stripe plots expansion in Asia
Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia
 "Hiring rapidly, US fintech startup Stripe plots expansion in Asia")
Zomato and Swiggy leading food delivery race in the country: Report
A survey showed that when it comes to food delivery from QSR chains; three in five urban Indians (60 per cent) prefer ordering food through apps such as Zomato and Swiggy
 "Zomato and Swiggy leading food delivery race in the country: Report")
DealShare aims to cross Rs 2500 cr GMV, raises $21 mn from investors
The company has successfully targeted India's fast-growing, mid-income demographic of 500 million new-to-internet users
 "DealShare aims to cross Rs 2500 cr GMV, raises $21 mn from investors")
Practo's telemedicine subscription plans record 250% growth in 6 months
Most of the health plan users are from metro cities like Delhi, Bengaluru, and Mumbai
 "Practo's telemedicine subscription plans record 250% growth in 6 months")
This IITian is turning traditional shipping on its head with automation
Soham Chokshi's Shipsy is disrupting the offline shipping space with its SaaS workflow management platform
 "This IITian is turning traditional shipping on its head with automation")
Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr
New brand Veranda Race will initially offer online training programmes for Banking, Staff Selection Commission and TNPSC; also plans course content in 11 Indian languages by December 2021
 "Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr")
Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani
Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes
 "Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani")
Zypp to expand e-scooter fleet to 10,000 next year, get more female riders
Zypp Electric, which operates in the last-mile delivery space, plans to expand its fleet to 10,000 e-scooters over the next 12-14 months and onboard more riders, including women
 "Zypp to expand e-scooter fleet to 10,000 next year, get more female riders")
Edtech player Great Learning scouts for start-ups in inorganic growth push
Firm has seen a 10x spike in user base since lockdown as companies such as Maruti and IndiaMart have tied up with it for employee training programmes
 "Edtech player Great Learning scouts for start-ups in inorganic growth push")
Electric aircraft builder ePlane Company raises undisclosed seed funding
The IIT-incubated start-up is likely to give product demonstrations by 2021
 "Electric aircraft builder ePlane Company raises undisclosed seed funding")
