Page 3 - Startups

Pine Labs raises $50 mn from Vitruvian, taking total to $920 mn in 8 months

Merchant commerce platform got $150 million from Alpha Wave Global in February and $20 million from SBI in January.

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

OSlash raises $5 mn in funding round valuing SaaS start-up at $50 mn

Company builds productivity tool enabling employees to access the right information in a fraction of a second.

Life Coach Rahul Subramaniam decodes how student-led businesses create a new way for India

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Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia

Pine Labs serves large, mid-sized and small merchants across India and Southeast Asia, and is expanding its Buy Now Pay Later (BNPL) offering in Southeast Asia.

VC exits in India start-ups up 10x to $14 billion in 2021: Bain & Co

Share of VC deal value in PE-VC space above 50% for the first time: Bain & Co

D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr

Founded in 2016, mCaffeine had attracted a cumulative of Rs 60 crore through successive rounds of funding over the years

Classplus bags $70 mn in Series D round co-led by Alpha Wave, Tiger Global

The new round values Classplus close to $600 million, a more than 2X jump in the valuation from the previous round.

India's aim is to become world's largest startup destination: Piyush Goyal

India's Aim is to Become World's Largest Startup Destination: Piyush Goyal

(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.)

India-UAE ties to be a defining partnership for the 21st century



Dubai, United Arab Emirates (NewsVoir)



India's Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, and Leader of the House in Rajya Sabha, Shri Piyush Goyal yesterday said that the country aspires to become the largest startup ecosystem in the world.



Addressing a session, Gateway to Growth - Roundtable on Indian Startup Ecosystem' in Abu Dhabi, Shri Goyal said, Today we are the third largest startup ecosystem, but our aspiration is to be the world's number one startup destination. The startup bug has caught India's imagination. The entire innovation ecosy

upGrad says study-abroad unit set to become largest player in South Asia

Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.

Investor Ravi Chachra launches $75-mn venture debt marketplace for startups

Part of Y-Combinator's winter 2022 batch, 8vdx has already disbursed $2.8 mn to 16 startups, including two from India

Number of recognised startups in India rises to 65,861, says govt

He said that the recognised startups are spread across over 640 districts and have reported a creation of more than seven lakh jobs with an average of 11 jobs being created by them

Govt encourages startups, pvt sector to participate in Gaganyaan programme

The Centre is encouraging the private sector and startups for realisation of India's ambitious human space mission, said Science and Technology Minister Jitendra Singh.

Rajesh Jain, pioneer of India's dotcom era, preps IPO for second startup

Rajesh Jain, 54, a pioneer of India's internet industry, is readying his second startup Netcore Cloud Pvt. for an initial public offer within the next year

Corporate-startup partnering in India has grown and can achieve more

The growth in corporate-startup partnering in India reflects the rise of sophistication on the part of both corporations and startups

Startups get up to 10 yrs for converting debt investment into equity

Govt extends timeline for startups to convert debt investments into equity up to 10 yrs, a decision likely to relieve budding entrepreneurs to deal with impact of Covid, a DPIIT press note said

India expected to have over 100 new unicorns in 2022: HDFC Securities

Accelerated funding activity is expected to create over 100 unicorns in India during 2022.

100% of portfolio's revenues from online channels: RPSG Capital's CIO

In a Q&A Abhishek Goenka dwells on the VC fund's investment strategy, the sectors within the consumer space that he is bullish on, and the road ahead

Drone tech start-up AUS signs Rs 3.75 cr lease financing deal with Grip

Grip and AUS have entered a deal that allows retail investors to invest in India's growing drone market

Shipskart raises Rs 20.5 crore from Trail Mix Ventures, others

Tradeworks.vc, Motion Ventures and Eternia Investments also participated in the funding round.