Page 3 - Indian Startups

Global Innovation Index: Startup ecosystem propels India into top-50

New enterprises have helped India overcome inadequate govt R&D as well as innovation infrastructure. India now has the third highest number of startups in the world, after the US and UK

FrontRow raises $14 million in funding from Eight Roads Ventures, others

FrontRow, founded by Shubhadit Sharma, Mikhil Raj and Ishaan Preet Singh, nine months ago and has scaled to 50,000 paid learners across over 2000 cities worldwide

China tech crackdown is India's gain: US venture investor March Capital

Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.

Blue-collar worker app Apna becomes a unicorn in under two years

Apna helps bottom-of-the-pyramid job seekers with setting up simple profiles requiring only their name, age and skills.

Biotech startup immunitoAI raises $1 million in seed funding

Biotech startup immunitoAI on Wednesday said it has raised $1 million (over Rs 7 crore) in a seed funding round led by early-stage venture capital fund pi Ventures

Start-ups: Does one participate?

The sky-high valuations are worrying, but can investors just ignore these companies?

Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3

India becomes the third largest startup ecosystem in the world

'Not typical startup founders': BillDesk trio reap $500 mn each with sale

M N Srinivasu, Ajay Kaushal and Karthik Ganapathy are selling their digital payments company to Prosus NV.

Trifecta Capital launches third fund with target corpus of Rs 1,000 cr

The fund aims to serve the rapidly growing financing opportunities for Indian start-ups

Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round

The funding was led by Netherlands-based impact investor C4D Partners, an early investor for the last 4 years

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

China's crackdown on tech firms opens short window for Indian starts-ups

Beijing's decision to crack down on its tech start-ups has opened a window of opportunity for domestic start-ups, but it could close soon too

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

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

Indian startups raise $16.9 bn VC funding in 2021, next only to China

Indian startups got USD 16.9 billion of venture capital funding in 2021, next only to Chinese counterparts in the Asia-Pacific (APAC) countries, GlobalData said Friday. "Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the APAC countries during January to July 2021," the leading data and analytics company said. An analysis of GlobalData's financial deals database reveals that a total of 828 VC funding deals were announced in India during January-July 2021 while the total disclosed funding value of these deals stood at USD 16.9 billion. Some of the notable VC funding deals announced in India during January-July 2021 include USD 3.6 billion raised by Flipkart, USD 502 million raised by Mohalla Tech (ShareChat), Zomato's capital raising of around USD 500 million,

Govt to scale up network of incubators, accelerators to spur start-ups

Government is committed to scaling up the network of incubators and accelerators massively over the next three years, Minister for Electronics and IT Ashwini Vaishnaw said on Tuesday

Assam CM pushes for new industrial policy to promote start-ups

Assam Chief Minister Himanta Biswa Sarma on Monday asked the state Industry Department to frame a new industrial policy in order to promote local start-ups

Fintech firm BharatPe valued at $2.85 bln after Tiger Global-led funding

Tech startups have recorded a surge in funding this year as investors bet on companies that are likely to benefit in the post-pandemic world.

Unacademy raises $440 million in fresh funding at $3.44 billion valuation

Over the last 18 months, the valuation of the Unacademy Group has risen almost 10X.