Page 19 - Startups

Investor trims Ola's valuation to about $3 billion, says report

This development comes at a time when Ola has revealed new growth plans, including setting up a Rs 2,400-crore electric vehicle facility expected to become the world's largest two-wheeler factory

How venture capitalists behave

Book review of The Economics of Venture Capital Firm Operations in India

Startups to drive India's quest for a chunk of small satellite launch pie

Frugal innovations by the Indian startup community are bringing down the cost of launching small satellites into space

Retail startup Shoopy raises $250,000 seed from US, India investors

Shoopy helps retailers and local business owners go online in a few seconds, and manage invoicing, billing, inventory tracking and management, among other aspects of their shops easily

An eldertech start-up is looking to keep seniors healthy and happy

The year gone by has triggered serious concern for the ageing population, a segment of society that has forever struggled with a pervasive and never-ending epidemic: Loneliness

Lightspeed Ventures, Wipro Ventures, others invest $48 mn in Yugabyte

So far the company has raised $103 million, including a $30 million capital fund announced in June last year

A peek into the startup incubation drives of India's next-rung campuses

Not all great ideas are nurtured at IITs and IIMs; many enterprises with formidable products today have come from the country's deeper regions and have received parenting at lesser known institutes

Klarna funding round makes it Europe's most valuable startup at $31 bn

It also puts the Swedish fintech on a par with many of Europe's biggest listed financial houses

PM Narendra Modi urges banks to lend to start-ups and MSMEs amid Covid-19

Calls for effective participation of public sector in banking and insurance

Seeking professional success: Harappa goes back to the drawing board

Harappa offers 25 courses at a price of Rs 899 per course for newcomers

FundVice to support startups with Rs 330 crore fund, accelerate 50 deals

Investment banking firm FundVice on Friday said it will support startups in India with a corpus of Rs 330 crore, which includes funding from its new fund Ryoma Ventures. The company has plans to raise up to Rs 250 crore and accelerate at least 50 deals by 2021-end. In addition, Fundvice has announced to set-up a sector-agnostic fund with about Rs 80 crore. "We have seen exciting start-ups that are revenue-generating but what they lack is the right support of investors. Various incubators, accelerators and mentors have been supporting the team of FundVice to support start-ups reach the heights they are at, but still lack investors. "To support them, we took the decision to start this fund, with the support of everyone, as the next step towards making a dent in the start-up ecosystem," Heena Aroora, Managing Director - FundVice and Ryoma Ventures, said in a statement. The company said it plans to close this fund soon with its present investors and is also looking at collaborations w

Best of BS Opinion: The skills India needs, India's 'Lehman moment' & more

Here's a selection of Business Standard opinion pieces for the day

Healthcare startup Innovaccer's valuation crosses $1 bn, joins unicorn club

The new funding round brings the total capital raised by Innovaccer to over $225 million.

Entrepreneurship and the pandemic

Though business for majority of entrepreneurs is yet to return to pre-Covid levels, has the country's indomitable entrepreneurial spirit gotten over the Covid bump?

For investors, edtech is the darling of the day: Kaizen's Sandeep Aneja

By 2025, estimates indicate the sector will touch $12 billion. Last year saw a higher amount of total investments in the sector compared to investment of $1.7 billion in the last 10 years combined

Edtech, logistics and gig-economy to drive jobs as startups step up hiring

Freshers hiring likely to double as compared to last year

After United Nations vote, high hopes for Indian cannabis industry

Their optimism stems from the United Nations (UN) reclassifying cannabis as a less dangerous drug in December 2020

BharatPe gives 80x returns to investors as valuation tops $900 mn

The Delhi-based fintech company has already returned Rs 102 cr cash to its secondary investors as against the initial angel round of Rs 1.9 cr

Unicorns have created $106-bn value for startup ecosystem in 10 yrs: Report

Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone

India set to have 150 unicorns, $1 bn startup funding deals: Experts

Big tech companies such as Facebook, Google and Microsoft are also eyeing large strategic investments in Indian startups