Page 4 - Start Ups

Spot AI secures $31 mn, launches Video AI Agents for enhanced surveillance

Video AI Agents transform cameras from passive observers into proactive problem solvers and can autonomously identify issues and trigger responses without the need for human intervention

BLive EZY deploys 1,000 premium electric vehicles to cater festive demand

As the festive season drives a surge in online shopping, India's quick commerce market is set for exponential growth, Blive EZY said

Zinc raises $25.5 million in seed funding from Nexus Venture Partners

The funding will enable Zinc to drive product innovation and expand its offerings

EvoluteIQ secures $20 million funding to fuel growth and innovation

This funding will support EvoluteIQ's plan to enhance its AI automation platform and expand operations globally

Fintech major BharatPe rolls out investment platform 'Invest BharatPe'

The Delhi-based fintech launched digital gold in partnership with Safegold, enabling customers to purchase and sell gold digitally

Bengaluru startup EMOBI unveils low-speed 2W with multipurpose battery

With this launch, EMOBI aims to capture 20-25 per cent of the market share in India's B2B last-mile delivery sector over the next three years

VC funding for Indian startups up 42% to $6.3 bn in Jan-July: GlobalData

Investment growth despite a cautious global investment climate, says analytics company

WazirX reports 40% assets dip in reserves after July security breach

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

B2B e-commerce platform ElasticRun reduces FY24 loss to Rs 359 crore

Company made a strategic pivot in FY24 to support high-margin regional brands to drive better profitability metrics

India's startups need more than growth; focus on governance also crucial

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

Avaana raises $135 mn for climate fund to fuel climate-tech startups

Incidentally, GCF, the world's largest climate fund, is making its first investment in a climate venture fund in India through Avaana Climate and Sustainability Fund

CCPA orders Ola to offer refund choices, provide auto ride receipts

The other changes implemented were showing address of both pickup and drop locations to drivers and revised payment cycles for drivers for swift payment

WazirX moved over $73 million crypto after data breach: CoinSwitch

WazirX, which is staring at liabilities worth $546.5 million, transferred $72.13 million worth of crypto to Bybit and $1.5 million funds to Kucoin, Ashish Singhal, co-founder and CEO, CoinSwitch, said

Dairy-tech startup Stellapps raises $26 million in series C funding

Stellapps' dairy-tech is deployed in over 42,000 villages, enabling the movement of more than 14 million litres of milk every day

Sharad Sanghi's AI cloud startup Neysa raises $30 mn in Series A funding

This investment builds on Neysa's successful $20 million seed round earlier this year

Great Learning registers 23% revenue growth at $118 million in FY24

The company said it has registered growth on account of upskilling demand for artificial intelligence and business gains in the US and Europe

Zomato's CEO Deepinder Goyal launches health, wellness startup 'Continue'

Goyal, who has long expressed interest in health and wellness, has previously invested $10 million in Alpha Wave-backed Ultrahuman-a startup that makes health tracking wearables

D2C brands raise funds to boost sales through quick-commerce platforms

Brands are allocating substantial portions of their marketing budgets to qcom

Early bird result for Q2FY25 signals a continued slowdown in India Inc

7% top-line growth in Q2 slowest in 5 qtrs; bottom-line expands 5%

Zepto in talks to raise $100-150 mn from domestic investors ahead of IPO

Quick commerce firm has raised over $1.2 billion in funding in the last 14 months