Page 29 - Startups

Inshorts' social video app Public gets 10 million users in 6 months

New Delhi, 8 January News curator app Inshorts has said its location-based social network, Public, registered 10 million users within six months of launch.Public works on the idea that people should be able to record and share happenings around them, enabling real-time local updates, especially in tier-II and tier-III cities. It is a GPS location-based app and will show users content being generated near them and from people whom they follow (online). The beta launch test (the term for pre-release of software, given to a large group of users, to try under real conditions) for Public began in April. The final launch was in July. It reached the 10-plus million user mark in November. A million videos are being created every month on Public, says the company. It competes with the likes of TikTok, YouTube and other video-based apps. "Public is giving everyone a platform to connect with their local communities and our rapid growth is demonstrative of ..

How supply chain firm Ninjacart is connecting farmers, retailers using tech

Ninjacart connects through a network of more than 200 collection centres and 1,200 warehouses across the country

Shekhar Gupta: Start-up of the decade

AAP has managed to break through entry barriers for newcomers in our politics - caste, ethnicity, ideology, dynasty - to establish itself as a Delhi party with all-India recognition

Ronnie Screwvala-backed start-up upGrad lines up big plans for 2020

Of the Rs 175-crore, Rs 100 crore will be spent on the offline medium and Rs 75 crore on digital in a sustained campaign spaced throughout the year, said Screwvala

From China with funding: Country puts its faith in Indian start-ups

Not just from the likes of Alibaba and Didi Chuxing, Indian start-ups saw a surge in Chinese funding from financial investors this year

Start-up funding slows down in 2019 after a two-fold surge previous year

Major deals include $586 million by Tencent and others in Udaan this August, followed by $413 million by SoftBank Corp, Carlyle and Fosun Group in Delhivery

Goldman Sachs leads Rs 100 crore investment round in fintech firm ZestMoney

The Bengaluru-based startup expects to cross an annual run rate of over $1 billion in disbursal run rate in less than 18 months

The potential of design thinking

It stretches the startup's vision beyond current reality to a desired state, even a 10x growth

Microsoft ScaleUp offers support to 18 startups in Middle East and Africa

The selected startups in the region are focused on areas of fin-tech, blockchain, health-tech and IoT, among others, the statement said

PE/VC investment up by almost three times in November; driven by infra flow

PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average

Bengaluru firms claimed 45% of all investments in Indian startups in 10 yrs

The city, which has seen its startups raising $31 bn in the past decade, is home to 44% of India's unicorns and 43 per cent of 'soonicorns'

US-funded startup hub Nexus looks to go beyond Delhi with new partners

Started exclusively in India by the American Center, the Nexus Startup Hub has trained more than 90 startups through 9 cohorts each with a 10-week programme

Indian-Americans' startup Riversand secures $10 million investment

Riversand is a SaaS Master Data Management and Product Information Management solution provider

Startups to play key role in making India a $5 trn economy: Suresh Prabhu

Prabhu said there are three components that are necessary to achieve India's ambition of becoming a $5 trillion economy.

Corporate, PE investments in EV start-ups grow 170% in 2019 to $397 mn

The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year

Data protection startup Druva crosses $100 mn in annual recurring revenue

This June, the company had raised $130 million to become a 'unicorn'

IISc to set up research park to help start-ups with infra, finances

The research park will come up with Rs 50-crore investment

Experience speaks: How startups like Uber, Airbnb master art of business

The companies are armed with centralized knowledge and act consistently based on those experiences.

Ed-tech startup Sunstone raises Rs 11 cr in Prime Venture-led funding round

The startup which offers industry-ready higher education programmes and follows a Pay after Placement model will be using the fund to build its network of colleges across various cities

Fable is working to improve cognitive fitness, says CEO Padmasree Warrior

The application of AI and blockchain is going to reshape the financial services sector. Health tech is going to be reshaped too, says Warrior