Sankarlingam added that, globally, Zoom Phone amassed five customers with over 100,000 seats in Q1 FY25
This funding comes at an opportune time as Refex continues to innovate in logistics for ash management, addressing environmental challenges associated with thermal power plant operations
Other Indian universities on the list include IIT Madras, IIT Kharagpur, the Birla Institute of Technology and Science (Pilani), Banaras Hindu University (BHU), and the University of Madras
Arkam believe that the biggest venture outcomes over the next 15 years are going to come from founders who are reimagining and rewriting many traditional industries
Swiggy eyes expansion in India's booming Rs 10,400 crore live events market, while Zomato has also entered the live events market through its recent acquisition of Paytm Insider
The quick commerce platform aims to meet growing demand by offering rapid delivery of thousands of products within 10-15 minutes, day and night, in Delhi, Gurgaon, and Noida, the company said
The sleep solutions company records a 24 per cent jump in revenue since the last financial year and remains on track to maintain its growth trajectory
The quick commerce vertical's GOV is already at 40 per cent of food delivery GOV, despite being launched six years later
According to a report by Global Data, Indian startups raised around $7.5 billion in venture capital funding from January to August 2024 alone
The PE major has invested over $8 billion in the country through more than 30 deals, making it a force to reckon with. It has said it would invest around $5 billion this year in India
The investment will expedite expansion into the US market and other geographies, increase investment into foundational AI models and enable complementary med-tech company acquisitions
However, anticipates 30-50% drop in revenue next fiscal due to regulatory headwinds
Supporting 80+ Fortune 500 companies, Whatfix registered top-decile performance with a 4.5x increase in annual recurring revenue since 2021 round, with new products contributing 15 per cent of revenue
In its report released on Wednesday, real estate consultant Knight Frank India said the Private Equity (PE) investments in India's flexible office space sector have fluctuated significantly
"This year's Top Startups list is a true reflection of India's burgeoning entrepreneurial ecosystem. Bengaluru continues to thrive with half of the Top Startups headquartered in the city
Funding rounds declined to 1,036 from 1,579 during the same period, according to data from market intelligence platform Tracxn's India Tech 9M 2024 report
The firm said it is targeting the global enterprise application software market, which has an estimated annual sales and marketing expense exceeding $190 billion
Startup founded this year will use the financing on technology and business expansion
India's microbrewery sector is expected to triple by 2030, with over 1,000 microbreweries projected, compared to around 300 in 2024
The fresh capital will fuel Atlys' expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally