Page 4 - Indian Startups

ADIF aims to make Indian startup ecosystem among top 3 globally by 2030

Digital startup think tank ADIF plans to make the Indian startup ecosystem among the top three globally by 2030, with focus on boosting knowledge base, driving collaboration and finding right policy

Automovill raises $500,000 in bridge round from Mumbai Angel Netwrok

With the latest fundraise, the startup has raised $1.2 million since its inception

104 startups registered on Startup India Showcase platform: Centre

As many as 104 startups from different sectors have been registered on the Startup India Showcase platform

Pankhuri raises $3.2mn from Surge, India Quotient and Taurus Ventures

Pankhuri is a platform for women in India to network, learn and shop through live streaming, chat, and cohort-based sessions

Rewards-based payment network TWID raises $2.5 mn led by BEENEXT, Surge

The round also saw participation from angel investors Kunal Shah, Rajul Garg and YourNest India

EdTech start-up Nalanda Learning raises Rs 40 cr from Aavishkaar Capital

Education technology start-up Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally.

Masai School sharpens focus on career-linked learning with Design Shift buy

Acquisition will help it strengthen its existing curriculum with comprehensive courseware on UI & UX Design, and Product Management

New crop of agri-tech startups go beyond farm-to-fork to serve niche areas

Their initiatives span areas as diverse as sericulture and fisheries using niche solutions like IoT-based farm management and using AI to ensure freshness of produce

Startups lean on remote-use devices to boost Covid-19 patient care at home

From monitoring vitals, to generating alerts on health crises, to keeping the family abreast at all times, these firms are doing their bit in the war against the pandemic

These entrepreneurs are turning their fleet into e-scooters after Covid hit

Bounce has crossed six million km on its electric scooters fleet, using a network of kirana owners, who have enabled over 150,000 battery swaps

India vs US listing: Zomato may be test case for start-ups waiting in wings

The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies

VC investors anticipate a flurry of IPOs by Indian start-ups: Survey

The 'India Sentiment Outlook Survey' said 19 per cent of them also held the opposing view while 16 per cent were unsure

JSW Sports ties up with India Accelerator to mentor sports startups

JSW Sports, the sports arm of the USD 13 billion JSW Group conglomerate, on Friday said it has partnered with India Accelerator to mentor startups working in the sports arena

Public App raises Rs 300 crore from A91 Partners, existing investors

Social networking firm Public App on Wednesday said it has secured Rs 300 crore in funding from A91 Partners and existing investors. It had raised Rs 260 crore in funding led by Addition, SIG and Tanglin Venture Partners six months ago. "We are very excited to have A91 Partners join us in our journey towards building the world's largest location-based social network,"Azhar Iqubal, Founder & CEO, Public App, said in a statement. The company claims that political leaders, government authorities, media houses and citizen journalists are using the app to connect with communities. "With more than 5 crore active users in India, we first aim to connect the hyper-local communities of Bharat and later make the product Global," Iqubal said.

Maruti Suzuki shortlists three new startups under innovation initiative

Maruti Suzuki India (MSI) on Monday said it has shortlisted three new startups as part of its Mobility and Automobile Innovation Lab (MAIL) programme

Oyo's Singapore subsidiary secures $200 million term loan from SoftBank

Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.

Flipkart ramps up grocery operations; expands reach to over 50 cities

The pandemic has led to a sharp growth in consumer demand for e-grocery, not only in metros but also from tier 2 cities and beyond

Jeff Bezos versus Mukesh Ambani isn't the only fight in India's retail

Away from this high-profile fight for the ordinary Indian's wallet, a different contest is shaping up for control of what goes on shop shelves

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

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