Page 5 - Start- Ups

Start-ups can be more successful with less govt interference: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the less the government interferes in the start-up ecosystem, the more potential it will have to be successful.

Byju's 13th most valued unicorn, first Indian start-up to reach $21-bn

India could surely have had more $10 billion plus start-ups in 2021 had it not been for the pandemic

Investing in start-ups? Forget FOMO, join JOMO: R Venkataraman

The kind of investing frenzy we are witnessing now usually happens at the fag end of the cycle

EV scooter startup Simple Energy to invest $330 mn for new Tamil Nadu units

Simple Energy plans to invest as much as 25 billion rupees ($330 million) in new capacity to make electric scooters, with support from the government in Tamil Nadu

Antler India to invest a third of corpus in Web3, blockchain start-ups

The VC firm will look to make the investments at ticket sizes of $250,000 and above.

Indian start-ups need $40 bn-$50 bn yearly to conquer world: Mohandas Pai

India's tech sector to employ 10 mn engineers in next 10 years, says former Infosys CFO at InFinity Forum

With seed money, Delhi govt school students have a shot at entrepreneurship

As many as 24 teams to feature in TV show; top 100 teams to be part of expo to meet entrepreneurs

India leading the world in field of start-ups: PM Modi in 'Mann ki Baat'

Asserting that this is an era of start-ups, Prime Minister Narendra Modi on Sunday said India is leading the world in this field with more than 70 start-ups having crossed the valuation of USD 1 billion. In his monthly Mann Ki Baat radio broadcast, the prime minister said that in any country having a large population of youth, three things -- ideas and innovation, passion to take risks and the 'can do' spirit-- matter a lot. When these three things come together, unprecedented results are achieved and miracles happen, he said. "These days we hear all around us, start-up, start-up, start-up. It is true that this is the era of start-ups and it is also true that in the field of start-ups, in a way, India is leading the world," Modi said. He noted year after year start-ups are getting record investments and this sector is growing at a fast pace. "Even in small cities of the country, the reach of start-ups has increased. Nowadays the word unicorn is much in discussion. Unicorn is a ...

We have enough risk capital, says InfoEdge's Sanjeev Bikhchandani

That's InfoEdge founder's response to critics saying it should reduce stake in Zomato to invest in new start-ups

B2B logistics startup Pidge raises $1 mn from Indian Angel Network

The fresh capital would also help the firm invest in building its tech-capabilities

Energy storage startup Matter partners ARAI for next gen mobility solutions

Energy storage start-up Matter on Monday said it has entered into an agreement with Automotive Research Association of India (ARAI) for collaboration in next-generation mobility solutions. The two parties have signed a memorandum of understanding (MoU) under which they will collaborate in next-generation mobility solutions in the areas of functional safety, electronics reliability and cyber security, the company said in a statement. Commenting on the collaboration, Matter Founder and CEO Mohal Rajiv Lalbhai said,"We are extremely confident the association with ARAI, which is the leading automotive R&D organisation in India, coupled with Matter's technology development capabilities will widen the horizons of growth for EV's and energy storage solutions in India." ARAI Director Dr Reji Mathai said the collaboration will open new opportunities in the field of electric vehicles (EVs) and energy storage solutions by leveraging ARAI's experience, expertise, and equipment. "With ARAI's ..

Startup Fasal raises $4 mn to expand business in India, southeast Asia

Precision agriculture platform Fasal on Monday said it has raised USD 4 million from investors to expand business in India and South East Asia. The company raised this fund in pre-Series A round led by 3one4 Capital with participation from existing investors Omnivore and Wavemaker Partners, Fasal said in a statement. Other investors in this round include Genting Ventures (Malaysia), The Yield Lab Asia-Pacific, Antares Investments, and Sandeep Singhal of Nexus. Fasal is a full-stack AI-powered IoT SaaS platform for horticulture sector. Using on-farm sensors and scientific algorithms, Fasal delivers farm and crop-specific actionable insights to farmers in vernacular languages. The platform is also working on a range of new services including F&V market linkages and parametric crop insurance. To date, the startup claimed that it has helped save more than 9 billion litres of water from irrigation, reduced pesticide expenditure by around 60 per cent, and increased yields across 40,000

Start-ups ready for scrutiny, tiger-ride should go public: Industry experts

Companies wanting to go public to raise money from the market should weigh the pros and cons, said Nazara Technologies CEO Manish Agarwal

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Disprz raises $13 mn in Series B funding led by Dallas Venture Capital

Founded in 2015 by Subramanian (Subbu) Viswanathan and Kuljit Chadha, Disprz is an AI-powered learning and skilling suite that empowers companies to right-skill their workforce

Leo Capital to launch third fund to provide financing to Indian start-ups

The proposed fund comes on the back of deploying two funds totalling $106 million

Privacy law compliance can be staggered to help start-ups: MeitY official

'We will see to it that compliance does not trump the benefits that we want to bring to the technology ecosystem and citizens with the bill', said MeiTy Additional Secretary Dr Rajendra Kumar

Start-up fever gripping world's last big untapped nation - Pakistan

More money has flowed into Pakistan's nascent technology sector during 2021 than in the previous six years combined

Fintech startup SalaryBox raises $4 mn funding from Y-Combinator, others

The company will utilise the funds to grow its team, invest in building new products and features, and further expand its user base, it added.

Startup fever is gripping the world's last big untapped nation: Pakistan

Multiple local entrepreneurs got in touch, seeking advice on funding and how to accelerate their startups in Pakistan.