Page 2 - Start-ups

Edtech startup Newton School raises $25 mn from Steadview Capital, others

Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.

Deeptech startup Spyne raises $7 mn in latest funding round led by Accel

At present, Spyne is currently serving more than 80 customers including Amazon India, Flipkart, Karvi, OLACars, SellAnyCar, Udaan, etc. across 15+ countries

OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm

The company is in discussions with potential IPO arrangers, including Goldman Sachs Group and Morgan Stanley and India's Kotak, Avendus and ICICI Securities

India's 'Unicorn couple' eyes first start-up IPO within a year

OfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offering (IPO) in six months to a year

MobiKwik elevates Anshuman Misra as Chief Product and Technology Officer

Anshuman Misra will work with the product, design, engineering, infrastructure and security functions at MobiKwik

Blockchain start-up Zenith Chain secures $35 mn funding from GEM Digital

Zenith Exchange: a cutting-edge new-age crypto exchange that offers secure trading

Email service ProtonMail acquires email alias start-up SimpleLogin

SimpleLogin has more than 1,00,000 users who have created more than 2 million email aliases

Rebel Foods acquires controlling stakes in luxury chocolate brand SMOOR

"This investment gives us further confidence that we have been able to consistently choose outstanding brands," said Raghav Joshi, co-founder, Rebel Foods

Talentedge's owner takes stake in upGrad at $2 bn value after integration

Edtech major upGrad on Thursday said it has integrated all of Talentedge's business, which will operate under its own name

Tamil Nadu to create 10,000 more startups by 2026, says Tansim CEO

Tansim is the nodal agency for start-ups in Tamil Nadu and is working on a new start-up policy to boost the new investor eco-system in the state.

I-T dept says found Rs 224-cr black income at Maharashtra-based unicorn

The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday

Volex acquires majority stake in inYantra Tech in $13-mn transaction

inYantra Technologies Pvt Ltd on Monday said UK-based integrated manufacturing-services and power products company Volex plc has acquired a majority stake in it in a transaction totalling $13 million

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Ninjacart launches $25-million agri seed fund for new-age start-ups

In addition, Ninjacart will invest in teams that have great tech abilities but may lack a solution or an idea at the moment

Accel raises $650 mn fund to invest in Indian and SE Asian start-ups

It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others

Dealshare raises $45 mn from ADIA in Series E round at $1.7 bn valuation

Aims for $3 billion of gross revenue run rate and operational profitability in next 12 months

Uniphore raises $400 million in Series E funding at $2.5 bn valuation

The round brings the Chennai and Palo Alto-based start-ups's total funding to date to $610 million

Start-ups working for debris management in outer space: Minister

Start-ups in the space sector are working on software solutions for debris management in outer space, Science & Technology Minister Jitendra Singh said here on Wednesday. Singh, who chaired a meeting of all the science ministries and departments, said more than 50 start-ups were working in the space sector and 10 of them had a funding of Rs 50 crore or more individually. He said science ministries and departments concerned were on the job applying different scientific solutions for sectors such as agriculture, land mapping, dairy, food, education, skill, railways, roads, Jal Shakti, power, coal and sewage cleaning. An official statement quoted the minister as saying that joint working groups were being set up between science departments and line ministries to speed up identification of the scientific applications for proposals and problems faced by them. Singh said so far 38 ministries have sought technology support in different sectors and over 200 proposals/requirements have ...

Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt