Page 7 - Start Ups

Visa processing platform Atlys raises $20 million in Series B funding

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

Meet Bharat Semi, startup behind Indo-US semiconductor fab partnership

3rditech had its breakthrough moment when it was awarded the Army Design Bureau's Award of Excellence for its low-light imaging sensors

J&K startups hope for internet friendly environment post elections

While a Supreme Court ruling in January 2020 curtailed the length of shutdowns, the fallout continues to reverberate through the entrepreneurial landscape

DPIIT refers complaint against quick e-commerce players to CCI: Report

The complaint was submitted by the All India Consumer Products Distributors Federation (AICPDF) to the Union Commerce and Industry Ministry

Capital A launches Rs 400 cr fund to target manufacturing, climate startups

Fund II will invest in 17-20 companies, offering initial investments between $750,000 and $1 million, with total commitments of $2-3 million per company over their growth cycles

PhysicsWallah raises $210 mn; valuation jumps 2.5 times to $2.8 bn

There has been a long dry spell of significant funding in the Indian edtech sector with a significant dip in the valuation of large edtech firms

Revved up! Nykaa scales its same, next-day deliveries to 110 cities

Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21

'Unsecured credit growth slows but demand remains strong': Fibe co-founder

Digital lending company Fibe sanctioned 46.6 million loans in H2FY24, showing an 8.4 per cent increase from H1FY24. The firm has raised a total of $228 million in funding since its inception in 2015

54 new spacetech startups in 2023 represent new opportunities for India

Spacetech startups are harnessing artificial intelligence and 'deep technologies' like Blockchain and Internet of Things to transform industries and solve pressing societal challenges

AI-led dating platform Schmooze raises $4 million series A round

In just 10 months since its launch in India, Schmooze said it has attracted over 1 million users and witnessed 900 million meme swipes

Redcliffe Labs raises $42 mn in Series C funding to expand across India

The diagnostics service provider will use the funds to open more labs and collection centres, along with an expansion of its home collection network

Swiggy launches Project Next to offer career growth for delivery partners

The programme- Project Next- is part of Swiggy's larger initiative Swiggy Skills, which was announced earlier this month with the Ministry of Skill Development and Entrepreneurship

E-commerce firms Flipkart, Amazon to host flagship sales from September 27

E-commerce firm Meesho said it would start its 'Mega Blockbuster Sale' on September 27

Startup India should move out of Invest India's ambit, says Piyush Goyal

The minister said that the company can be industry-led, similar to Invest India-a key body that pushes investments

Govt to set up section 8 firm for startups to strengthen ecosystem: Goyal

At present, Startup India is housed in Invest India, which is a national body to promote investments

Accel Atoms 4.0 applications for startups focusing 'Bharat', AI open today

Startups which make exceptional progress during the programme will be eligible for investment up to $ 1 million

Cost of convenience: Restaurants list higher prices in online menus

Consumers are generally paying more while ordering food from online platforms and apps compared to eating at the same restaurant from which they order online

US lenders counter Byju's claim, says edtech has to repay full $1.2 bn

The financial trouble of once the most-valued Indian edtech firm BYJU'S started after US-based lenders started legal action against the company to recover $1.2 billion TLB

Piyush Goyal to launch Bharat Startup Knowledge Access Registry on Monday

The primary goal of BHASKAR is to build the world's largest digital registry for stakeholders within the startup ecosystem

E-commerce firm Flipkart equips sellers with tools ahead of flagship event

"We are equipping them with valuable insights and strategies to thrive in the 11th edition of The Big Billion Days," said Sakait Chaudhary, business head - Marketplace, Flipkart