Page 9 - Startups

Cred to acquire expense management start-up Happay at $180 mn valuation

Happay is a business expense, payments and travel management platform serving over 6,000 businesses

Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report

Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story of growth and focus over the past decade

CollegeDekho raises $35-mn funding from QIC, Disrupt ADQ and others

CollegeDekho, an online college admissions and higher education services platform, on Wednesday said it has raised USD 35 million (about Rs 260 crore)

Arunachal Pradesh governor asks students to set up startups, provide jobs

Arunachal Pradesh Governor Brig Dr B D Mishra (Retd) asked students to set up startups and become job providers, instead of running after government jobs. Addressing the 19th convocation of Rajiv Gandhi University (RGU) here on Tuesday, the governor said that agriculture and its related work fields provide good opportunities for startup. Mishra said if the students are determined and willing to respect the dignity of work and labour, there is a big scope everywhere for good livelihood. He advised them to acquire merit and not bribe for their mission accomplishment. Always abide by law and be a man of cent per cent humane virtues, he stressed. He asked the passing out students to inculcate seven chapters of behaviour including, transparency, accountability, probity, promptness, equal dispensation, audit and mid-course correction. He said that they must also have self discipline, which inter alia, includes punctuality, respect for elders, assisting every child of 5 years of age to g

Start-up pay cheques, ESOPs are creating a new breed of angel investors

These high-earning start-up executives generally invest cheque sizes of Rs 2-5 lakh and are drawn to companies in the seed stage

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

TMS, Ep 46 - Zomato diversification, 10Club Q&A, Paytm stock, bank deposits

Will Zomato's diversification deliver unicorns? How does 10Club's Bhavna Suresh plan to scale up businesses? Can Paytm surprise us after market debut? What are FDs and RDs? All answers here

EV startup Lucid Motors now more valuable than Ford Motor Group

Electric vehicle startup Lucid Motors market value has exceeded Ford Motor Group to $89.9 billion, after it closed at $55.52 a share, Al Arabiya reported.

Sebi proposes stricter IPO norms as startups listings gather pace

The proposals come amid a record Rs 1-trillion-plus mop-up through IPOs this year, the bulk of which came from new-age and loss-making companies

Will invest in India's metaverse, crypto startups: Antler's Rajiv Srivatsa

The real foundational businesses still take 10 years to build. You can't fast forward it beyond a point, says VC fund's India head

Huge opportunities for Korean firms in India's startup ecosystem: Goyal

Huge opportunities exist for Korean investors in India's startup ecosystem and both the countries need to increase collaboration in sectors such as automobile, textiles, food processing, Goyal said

Paytm founder says surge in valuations for Indian startups is here to stay

Indian startups are not overpriced and "many are underestimating what India's opportunity will be," Vijay Shekhar Sharma, founder and Chief Executive Officer of Paytm said

India's PE/VC funding leads widening over peers, developed markets

More capital flowing to Indian entrepreneurs relative to GDP than in other countries

EV charging platform ElectricPe raises $3 million funding in a Seed Round

Electric Vehicles (EV) charging platform, 'ElectricPe', on Thursday announced that it raised a Seed Round of USD 3 million, led by Blume Ventures and Micelio Fund

Zomato invests $275 mn in four startups, will deploy $1 bn over two years

Propels Curefit to unicorn club by investing at $1.66 bn valuation

Unnati raises Rs 60 crore from 3 firms including Incofin Investment

Agritech startup Unnati on Wednesday said it has raised Rs 60 crore in Series A funding from Incofin Investment Management, NabVentures and Orios

From fashion to food, behind the scenes of India's direct-to-consumer rush

Over 600 brands born on the internet are selling to customers directly in India. It is now called the direct-to-commerce rush. Let us understand how this trend is shaping up in Indian e-commerce

Battery Smart raises $7 million in pre-Series A funding round

EV battery swapping network Battery Smart on Tuesday said it has raised USD 7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures. The fresh capital will be deployed for strengthening the startup's battery assignment technology, scale its operations to service 10,000 electric vehicles daily, and expand to three new states by this fiscal, a release said. The other investors who participated in the pre-Series A round include Green Frontier Capital, Baring Private Equity India, and angel investors such as Srinivas Anumolu (Founder - Elance, TutorVista, Bigbasket, Bluestone), K Ganesh (Serial Entrepreneur & Partner - GrowthStory.in), Niraj Singh, (Founder and CEO - Spinny), and Amit Bhasin (Co-Founder - GoMechanic), it said. Besides, alternative debt platform TradeCred, India's leading alternative debt also participated as a debt partner with Rs 24 crore investment, the startup said in a release. Co-founded by serial ...

Kallol Banerjee on Rebel Foods' journey from QSR to cloud kitchen unicorn

What did Rebel Foods do differently to become India's first unicorn in the cluttered cloud kitchen market? In this interview, co-founder Kallol Banerjee discusses the journey and the way forward

TMS, Ep 36: Muhurat trading, IRCTC U-turn, Rebel Foods Q&A, and AR-VR-MR

What will be the biggest market drivers in Samvat 2078? What does govt U-Turn on IRCTC mean for other PSUs? How did Rebel Foods become India's first cloud kitchen unicorn? Get all the answers here