Page 53 - Company - Start-ups - News
The four engines that propelled the rise of Cars24, India's latest unicorn
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales
 "The four engines that propelled the rise of Cars24, India's latest unicorn")
Start-ups emerge out of Covid shadow, expand runway: Nasscom survey
The study finds 43% enterprises have enough cash to sustain for over six months as compared to 8% in May; most expect to hit pre-Covid level over next six months
 "Start-ups emerge out of Covid shadow, expand runway: Nasscom survey")
Unacademy's valuation tops $2 bn with funding from Tiger Global, Dragoneer
The latest fundraise follows funding round in September when the company raised an investment of $150 million in a round led by SoftBank Vision Fund 2 at a $1.45 billion valuation
 "Unacademy's valuation tops $2 bn with funding from Tiger Global, Dragoneer")
Sequoia Capital India's Surge programme picks 17 early-stage startups
One of the key features of the programme is that the founders of the selected startups receive $1 million to $2 million early on in the programme
 "Sequoia Capital India's Surge programme picks 17 early-stage startups")
Bus service startup Cityflo raises Rs 57 cr from Lightbox Ventures, others
The startup aims to utilise the amount raised to expand services on current and new routes
 "Bus service startup Cityflo raises Rs 57 cr from Lightbox Ventures, others")
Newest unicorn in town: Cars24 raises $200 mn in Series-E funding
The company was valued at over $1 bn in the funding round led by DST Global
 "Newest unicorn in town: Cars24 raises $200 mn in Series-E funding")
The school dropout who turned the business of managing wealth on its head
The man behind Zerodha has now made a mark catering out to ultra HNIs with a new outfit that takes forward the group's value proposition of transparency
 "The school dropout who turned the business of managing wealth on its head")
New AI park to build robotic nurses, education systems for India's billions
The Artpark as it is called, will be set up in Bengaluru and will promote tech innovations in niche areas such as healthcare, education, mobility, infra, farming, retail and cybersecurity
 "New AI park to build robotic nurses, education systems for India's billions")
Start-ups take on Covid gloom with campaigns around safety and positivity
Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional
 "Start-ups take on Covid gloom with campaigns around safety and positivity")
The accidental entrepreneur whose app protects 12,000 housing societies
Vijay Arisetty, who turned entrepreneur some years after quitting the IAF following a mishap, has developed MyGate, one of India's most successful security apps
 "The accidental entrepreneur whose app protects 12,000 housing societies")
Ather Energy raises $35 mn in a funding round led by Sachin Bansal
Hero MotoCorp-backed electric two-wheeler maker Ather Energy said it has raised $35 million in a funding round led by Flipkart co-founder Sachin Bansal's investment of $23 million
 "Ather Energy raises $35 mn in a funding round led by Sachin Bansal")
Vayana Network eyes to double disbursements to $10 bn by March 2022
Supply chain finance start-up Vayana Network is eyeing to double the disbursements through its platform to $10 billion by March 2022 having already crossed the $5-billion-mark in trade finance
 "Vayana Network eyes to double disbursements to $10 bn by March 2022")
Dhoni to Kohli, club of cricketers who turned entrepreneurs grows
After Dhoni, Kohli, Rahul and a few others, Ravi Shastri enters the entrepreneurs' club
 "Dhoni to Kohli, club of cricketers who turned entrepreneurs grows")
US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report
The funds, T Rowe Price and Vanguard, hold about 1% in both companies; while Paytm's valuation has taken a 26% hit, Ola's has suffered a 50% drop
 "US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report")
Sowkea Agro eyes to clock Rs 200 cr revenues; to strengthen retail sector
Sowkea Agro and Retail Concepts has planned to introduce retail sales of fresh coconut milk, cold-pressed juices, palm-nectar, as part of its vision of reaching a turnover of Rs 200 crore
 "Sowkea Agro eyes to clock Rs 200 cr revenues; to strengthen retail sector")
Ather Energy opens full payment window for 2 variants in Bengaluru, Chennai
Electric two-wheeler startup Ather Energy opened the full payment windowfor its 125-cc 450 Plus and 450X e-scooters for the customers in Bengaluru and Chennai from Saturday.
 "Ather Energy opens full payment window for 2 variants in Bengaluru, Chennai")
Covid impact: Women-founded tech startups see funding drop 24% in H1FY20
Amid Covid-19, funding for women-founded startups in India fell 24 per cent to $280 million in the first half of this year, compared to $369 million in the same period last year, said a new report
 "Covid impact: Women-founded tech startups see funding drop 24% in H1FY20")
This techie's app gives you a 'Doosra' mobile number to bowl spammers out
The app a dummy, virtual mobile number you can use instead of your original, to fend off spammers and telemarketers, thereby reducing the risks of getting defrauded as well
 "This techie's app gives you a 'Doosra' mobile number to bowl spammers out")
Rising spend on renovations propel growth for home decor start-ups
Those still with jobs are saving on commute, eating out and holidays. Some of this 'extra money' is going towards home renovation, with WFH being the new normal
 "Rising spend on renovations propel growth for home decor start-ups")
UAE's global EdTech company acquires India-based British consultancy
A UAE-based global EdTech company has announced the acquisition of a UK-born world-renowned leadership consultancy firm, which is working out of India
 "UAE's global EdTech company acquires India-based British consultancy")
