Page 56 - Company - Start-ups - News
Edtech start-up Masai School raises $2.5 mn in latest funding round
Unitus Ventures leads investment, other participants include India Quotient and AngelList India
 "Edtech start-up Masai School raises $2.5 mn in latest funding round")
IndiaFilings to launch 10,000 start-ups under 'Aatmanirbhar Bharat' mission
The government has streamlined various services and simplified the forms to make same-day incorporation of the company possible in India
 "IndiaFilings to launch 10,000 start-ups under 'Aatmanirbhar Bharat' mission")
Silicon Valley-based VC Rocketship raises $100 mn for its second fund
The launch of Fund II will enable the VC to continue investing globally across sectors and company stages and increase the firm's number of follow-on investments, said the Silicon Valley-based VC
 "Silicon Valley-based VC Rocketship raises $100 mn for its second fund")
Startup eBikeGO ropes in cricketer Harbhajan Singh as brand ambassador
Through the association, the company is aiming to build mass appeal, positive voice and widespread adoption for electric mobility, eBikeGO said in a statement.
 "Startup eBikeGO ropes in cricketer Harbhajan Singh as brand ambassador")
Flipkart Leap: E-comm firm launches its first startup accelerator programme
Flipkart on Monday announced the launch of 'Flipkart Leap' -- the company's first startup accelerator programme
 "Flipkart Leap: E-comm firm launches its first startup accelerator programme")
Priority lending tag to provide new credit lifeline for young startups
Say banks will have to understand ecosystem's high-growth business model
 "Priority lending tag to provide new credit lifeline for young startups")
IIT Kanpur-backed start-up to double production of indigenous N95 face mask
Currently, Espin Nanotech is producing nearly 30,000 face masks a day from its production unit spread over 4,000 sq ft space inside the IIT Kanpur campus
 "IIT Kanpur-backed start-up to double production of indigenous N95 face mask")
RBI to set up innovation hub for financial inclusion, efficient banking
The hub aims to bring solutions to the financial sector by tapping into areas such as cybersecurity, data analytics, delivery platforms, and payment services
 "RBI to set up innovation hub for financial inclusion, efficient banking")
Start-ups to get priority sector tag as RBI revises lending norms
It intends to align them with emerging national priorities and bring a sharper focus to inclusive development
 "Start-ups to get priority sector tag as RBI revises lending norms")
Start-ups expand omni-channel reach to grab a bigger piece of meat market
Meat is a $30 billion market in India with over 90 per cent demand being catered to by players in the unorganised segment. Meat start-ups eye to control a big piece of this space
 "Start-ups expand omni-channel reach to grab a bigger piece of meat market")
India is home to 21 unicorns, collectively valued at $73.2 billion
Eleven of these are backed by three Chinese investors
 "India is home to 21 unicorns, collectively valued at $73.2 billion")
AI-powered video analytics platform Wobot raises $2.5 mn from Sequoia
Founded by Adit Chhabra, Tapan Dixit, and Tanay Dixit, Wobot will use the funds for global expansion and strengthening its proprietary technology platform
 "AI-powered video analytics platform Wobot raises $2.5 mn from Sequoia")
Before Kaagaz Scanner's success, these techies had built a solid AI tool
Sorted AI is led by the mission to bring AI to tailor-made applications for millions of Indians. And it is now at an inflection point
 "Before Kaagaz Scanner's success, these techies had built a solid AI tool")
TVS Motor leverages the power of tech through investments in start-ups
Firm has invested $16.57 mn in enterprises engaged in analytics, AI, augmented reality, machine learning and IoT, seeking to leverage these technologies and improve its efficiency and product quality
 "TVS Motor leverages the power of tech through investments in start-ups")
The techie-teacher who pulled off a $100 mn funding deal over a Zoom call
With this round, the Bengaluru-based firm's valuation jumped to $600 million, making it the second most-valued company in the Indian edtech space
 "The techie-teacher who pulled off a $100 mn funding deal over a Zoom call")
IIT Madras-incubated start-up develops portable hospital for Covid cases
Hospital can be installed by four people in just two hours anywhere
 "IIT Madras-incubated start-up develops portable hospital for Covid cases")
Startup funding down 29% in first half of 2020 amid Covid-19 crisis: Tracxn
Only 443 companies were funded in the January-June period this year against 725 in H1, 2019
 "Startup funding down 29% in first half of 2020 amid Covid-19 crisis: Tracxn")
Digital lenders stare at dip in disbursals this fiscal due to pandemic
Cost of capital for most lenders has also gone up as fund flows from banks and NBFCs have dried up despite liquidity infusion by RBI; but things are looking up from last month as establishments reopen
 "Digital lenders stare at dip in disbursals this fiscal due to pandemic")
Co-living start-up Zolostays raises $56 mn in latest funding round
The start-up will deploy the new funds to invest in technology, locking in more inventory and strengthening AI-driven operating platforms
 "Co-living start-up Zolostays raises $56 mn in latest funding round")
This Hyderabad couple uses ML technology to fight deadly neonatal disease
The start-up is also developing an automated peritoneal dialysis device in which the dialysate solution is inserted through the abdomen and performance parameters are monitored using IoT
 "This Hyderabad couple uses ML technology to fight deadly neonatal disease")
