Indian Start-ups

The draft Digital Competition Bill has proposed ex-ante (preventative) regulations requiring digital companies to notify the CCI that they fulfil the criteria to qualify as SSDEs

Venture Capital firm Antel India is planning to invest USD 25 million, or about Rs 211 crore, in 50 startups in 2025, the company said on Wednesday. The venture capital firm has invested in 30 startups in 2024 through its maiden USD 75 million fund. "Antler plans to ramp up investments further in the next year and make 50 investments in 2025. We plan to invest USD 25 million in the 50 companies," Antler India Partner Rajiv Srivatsa told PTI. The company's 2024 investments include a wholesale marketplace for fashion retail Bizup, aluminium-air fuel cell technology company Meine Electric, open mobility platform Namma Yatri, personal loan facilitator firm Keeper, which uses paid leaves as digital assets for salaried employees, AI-powered dashcam provider Cautio, etc. "Our investment pace reflects both the quality of the founders we're meeting and our conviction that the next wave of global technology companies will emerge from India. We have invested in 30 companies this year, many of

Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialisation to partner with domestic firms, Deloitte has said. It also said that skilled workforce, funds and continuation of support measures are key to push growth of the semiconductor sector in India. Japanese firms are "super enthusiastic" about India, Shingo Kamaya, Deloitte AP and SRT Leader, Deloitte Japan said. In July, Japan became the second Quad partner after the US to sign an agreement with India for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain. The two countries signed the memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain. With around 100 semiconductor manufacturing plants, Japan is among the top five countries to have a semiconductor ecosystem. Japan houses companies that are global leaders in raw form of .

Tata, after taking a personal interest in Agarwal's journey, decided to invest in Ola in 2015, as per Bhavish, Tata was also the inspiration behind Ola Electric

Many of the dozens of Indian startups that once chose to be based abroad for better access to capital and smaller tax bills are now queuing to return home

Industry bodies Alliance of Digital India Foundation (ADIF) and PHD Chamber of Commerce & Industry (PHDCCI) have signed a two-year agreement to foster the Indian startup and innovation ecosystem. The two-year memorandum of understanding (MoU), signed at PHD house New Delhi office, seeks to create an environment that fosters independent thinking and cultivates groundbreaking ideas across various sectors of the Indian economy. ADIF associate director Prateek Jain said the alliance is a crucial step to democratise India's digital entrepreneurship landscape. "This MoU goes beyond conventional support mechanisms and focuses on architecting a holistic ecosystem that nurtures innovation at every stage of a startup's journey. By leveraging PHDCCI's vast industry connections and our digital expertise, we are laying the groundwork for unprecedented growth and innovation in India's startup scene," Jain said. The initiative will involve workshops, training sessions, and seminars designed to ..

The Sleep Company achieves Rs 500 crore annual recurring revenue; aims to become profitable by FY25

The Indian Air Force (IAF) may launch satellites procured from space start-up Pixxel by mid-2025, giving a boost to its capabilities to keep vigil on the country's borders and beyond. The IAF has signed a contract with the Bengaluru-headquartered Pixxel Space founded by young entrepreneurs Awais Ahmed and Kshitij Khandelwal of BITS Pilani, while they were pursuing higher studies. "We should have that satellite up in space before the end of 2025, but likely we are aiming at mid-2025," Ahmed said in an interaction with PTI editors here. He said the task of Pixxel was to manufacture the satellite and hand it over to the IAF, which will operate the spacecraft. "In the case of the Indian Air Force for iDEX, we are not concerned with what the operations are. The operations will be mainly for looking at borders, looking at illegal testing, illegal growth and things like that. But we are not going to be operating the satellite," he said. Innovations for Defence Excellence, an initiative o

After four consecutive half-year periods of decline in funding, H1CY24 has seen an upswing

In the letter, the start-ups have also requested an upward revision of the thresholds for designating Systematically Significant Digital Enterprises (SSDEs)

The fund has been uniquely structured to democratise and simplify access to early-stage institutional deals in start-ups

Chennai-based startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the company also aims to initially commercialise its drones that can carry a payload of 2-6 kilograms in the coming months, according to a senior executive. The ePlane Company's Founder and CEO Satya Chakravarthy said it is developing an eVTOL (electric Vertical Takeoff and Landing) aircraft and to begin with, it will be a three or four-seater plane which can be converted into an air ambulance. "By March next year is when we expect to develop the first certifiable prototype. It will take another couple of years to get the certification from the Directorate General of Civil Aviation (DGCA)," Chakravarthy told PTI. As per the startup's website, an ePlane will take only 14 minutes to reach a place that will take 60 minutes by a personal vehic

Tech firms embrace innovative water conservation measures, residents make do with less

The funds would help firm ramp up customer engagement on its platform, invest in product R&D

Meet the entrepreneurs turning India's streets into gastronomic hotspots

Founders have called on the regulator to re-evaluate its directive and engage in dialogue with the fintech industry

The edtech company responded to statements from select investors calling for an extraordinary general meeting (EGM) to replace founder and group CEO Byju Raveendran

Budding companies had raised $1.4 million in January this year. Regardless, startup funding hit a seven year low in 2023

Dunzo is looking to raise $35 million in fresh funding

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