Page 12 - Aryaman Gupta

Phonepe's Indus Appstore gains traction amid Google-developer spat

Indus Appstore thrives with rapid user adoption and developer interest

Blinkit may become bigger than Zomato's food biz in 1 year: Deepinder Goyal

Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore

Deeptech startup policy in final stages, says DPIIT secretary RK Singh

The development is in line with ongoing governmental efforts to bolster innovation in the deeptech sector

Startup Mahakumbh 2024: A rite of passage for India's innovators

Startup Mahakumbh is expected to host more than 1,000 startups, as many investors, 50 unicorns, 500 incubators and accelerators, 5,000 delegates from 23 countries, and 50,000 business visitors

Quick commerce major Zepto introduces Rs 2 platform fee for select users

Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders

JP Morgan extends Rs 200 cr credit line to boost Oyo accelerator programme

Oyo almost doubled its profit after tax to Rs 30 cr in Q3FY24, compared to the previous quarter's Rs 16 crore

India AI mission to provide funding, support to deeptech startups: Experts

The move will provide much-needed financial assistance to deeptech startups in the country, an area which founders say has been a major roadblock for innovation in the sector

Magicpin launches delivery service to enter logistics aggregation segment

The platform is currently witnessing an average of 5,000 orders per day

Nearly 75% of women-led startups still unfunded, says Tracxn report

There are currently 117,254 startups in the country, according to data from the Department for Promotion of Industry and Internal Trade

Oyo parent Oravel Stays plans to launch 13 premium hotels this year

Last year, the company started a pilot by setting up 10 Palette resorts in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar, and Bengaluru

Google, Indian app developers 'agree to' pause billing dispute for 4 months

Sigh of relief for Indian startups after government intervened in dispute, says one CEO

Google's billing policy dispute: Startups want apps restored on Play Store

App developers said Google was using its dominant position to charge exorbitant commissions of 15-30% for its services

Google Play Store delisting hits Indian app developer business by 40%

The parties concerned have sought a meeting with the government on Monday to discuss the contentious issue, sources aware of the development said

Healthtech unicorn Pristyn Care lays off 120 employees, eyes profitability

This is the second time the firm has laid off employees. Pristyn had, in March last year, reportedly laid off 45 employees due to poor performance

Google partners with news publishers to curb deepfakes ahead of elections

The company added that fact-checks in multiple Indian languages and formats, including videos, will be shared and amplified via partnering news publishers

Zepto launches loyalty programme offering free delivery, discounts

Quick commerce firm's plan is expected to get one million users in a month

PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments

The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline

Walmart, IIT Madras partners to launch center for tech excellence for MSMEs

The center will focus on developing solutions to help MSMEs adopt Artificial Intelligence (AI) and digitization to enhance operational efficiency and profitability

Startups backbone of new India, it's our time under the sun: Piyush Goyal

"The Sun is rising and it's our time under the Sun. I hope we don't miss the bus. The message goes loud and clear to all startups, not to lose this opportunity," Goyal said

Fundraise through venture debt up 50% in 2023; equity funding down 70%

The equity funding fell around 70 per cent from $25.7 billion in 2022 to just $8 billion in 2023, it said