Page 23 - Startups

Edtech player Great Learning scouts for start-ups in inorganic growth push

Firm has seen a 10x spike in user base since lockdown as companies such as Maruti and IndiaMart have tied up with it for employee training programmes

Electric aircraft builder ePlane Company raises undisclosed seed funding

The IIT-incubated start-up is likely to give product demonstrations by 2021

Oyo recovering from Covid, has $1 bn to fund operations until IPO: CEO

Agarwal said the company's focus is on getting revenue per available room to 60 per cent to 80 per cent of pre-pandemic levels across all markets

Kalpathi Group enters ed-tech space with Rs 50 cr investment in new venture

Veranda will offer training programmes in test preparation for all competitive exams in India

Honeywell partners with IISc to fund startups solving societal problems

Some of these startups are also working towards Covid-19 solutions, including building a new class of eco-friendly specialty fluorescent dyes and a rapid point-of-care diagnostics test for use in low

The four engines that propelled the rise of Cars24, India's latest unicorn

Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales

Razorpay, Visa tie up to help small businesses tackle Covid impact

With higher credit limit than other corporate and personal cards, RazorpayX's corporate cards will empower founders to free up working capital expenses with zero personal risks and liability

Sequoia Capital India's Surge programme picks 17 early-stage startups

One of the key features of the programme is that the founders of the selected startups receive $1 million to $2 million early on in the programme

50% tech startups expect pre-Covid level revenue in six months' time

Revenue acceleration and funding has improved the cash availability with startups

Fintech startup Stripe in talks for new funding at much higher valuation

The company could have a valuation of more than $70 billion or significantly higher, at as much as $100 billion, after the funding, the report said

VC investments in B2B ed-tech start-ups up 77% to $30 million

A report by RedSeer and Omidyar says pandemic-driven online education offerings across Classes 1 to 12 are projected to rise 6.3x by 2022 to create a $1.7 billion market

The successful entrepreneur's playbook

Book review of How I Built This: The Unexpected Paths to Success from the World's Most Inspiring Entrepreneurs

Start-ups tangled in lawsuits is very disturbing: Founder of Whitehat Jr

Shortly after the Delhi HC hearing, Karan Bajaj, said in a Q&A that all their objectives were met through the suit

Bahrain's Investcorp invests in Indian logistics start-up Xpressbees

Indian newspaper reports have reported that Xpressbees raised $110 million in its latest funding round

VC firm Bertelsmann India to invest in up to four startups in next 12 mths

Average ticket size of these investments is expected to be $10 mn

Dhoni to Kohli, club of cricketers who turned entrepreneurs grows

After Dhoni, Kohli, Rahul and a few others, Ravi Shastri enters the entrepreneurs' club

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha

Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

This techie's app gives you a 'Doosra' mobile number to bowl spammers out

The app a dummy, virtual mobile number you can use instead of your original, to fend off spammers and telemarketers, thereby reducing the risks of getting defrauded as well

Startups, SMEs most vulnerable segment in India to cyberattacks: Report

The eBook not only reveals key findings of cybersecurity vulnerabilities in the Indian startup & SME ecosystem but also recommends best practices to avoid the same

Stride Ventures to fund 10-15 startups by March 2021 to complete 1st fund

Keen to promote venture debt as a significant tool for startups to access capital, Stride Ventures is planning to fund 10-15 companies over the next few months to complete its maiden fund. Stride Ventures has already sanctioned Rs 115 crore worth of debt funding across 10 startups in the country including SUGAR Cosmetics, Miko and HomeLane. "We hope to have 16-18 companies in our portfolio by December (including the 10 already announced) and 20-25 companies by the end of March 2021 - which will mark the completion of our first fund. We have already recognised 6-7 of these additional companies," Stride Ventures founder and Managing Partner Ishpreet Gandhi told PTI. He added that the company typically funds startups in the edu-tech, agritech, consumer, logistics and healthtech sectors. "The original plan was to invest about Rs 300-350 crore in total, but we may exercise a green shoe option of another USD 20 million (about Rs 146.7 crore). We invest about Rs 15 crore on average and th