More than 330 companies had applied to the programme, which was launched in October 2024
Amit Banerji and Karan Chopra launched workspace operator Table Space in 2017, with plans for an IPO this year
At the inauguration of Grameen Bharat Mahotsav 2025, Prime Minister Modi highlighted the importance of creating economic policies that take into account every section of the society to strengthen the
The Department for Promotion of Industry and Internal Trade (DPIIT) on Saturday said it has joined hands with venture debt firm Stride Ventures to support high growth potential startups in their funding requirements. It said this collaboration will be instrumental in creating enormous opportunities for startups by integrating financial support with strategic mentorship and market access. Highlighting the macroeconomic impact of this collaboration, Joint Secretary in DPIIT Sanjiv said Stride Ventures will curate dedicated programmes and collaborate on engagements like the Bharat Grand Challenge to promote entrepreneurship, innovation, and investment. Ishpreet Singh Gandhi, Founder and Managing Partner, Stride Ventures, said "this partnership, coupled with our billion-dollar commitment to nurturing startups, reaffirms our resolve to strengthen India's startup ecosystem". The department said Stride Ventures will give thrust "on identifying startups with high growth potential, offering
A highlight of this partnership is the upcoming SPF Startup Baithak, a flagship event scheduled to take place on January 15-16, 2025, at Bharat Mandapam
Second fund by venture capital firm will invest in sectors like deep tech, climate, sustainability
The crux of the litigation is a clash over Qualcomm's license agreement for the use of Arm's intellectual property following Qualcomm's $1.4 billion acquisition of chip startup Nuvia in 2021
India's startup ecosystem, valued at over $349 billion, ranks third globally in unicorn count as of May 2024
Moreover, UP has planned to develop India's first artificial intelligence city in Lucknow, and set up an exclusive fund for the emerging technology to boost the AI ecosystem and foster AI startups
Venture capital firm Antler 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 o
SpeedForce, which operates in over 350 locations and services around 150 vehicles per outlet monthly, will now provide sales and service support for Joy e-bikes
This comes on the heels of the group's completion of its Sirona transaction and increases in shareholding in other portfolio brands Organic Harvest and Winkl
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities
Airbound will deploy its R&D efforts to initially focus on medical deliveries and then expand into other areas such as food and groceries
Zetwerk's technology platform helps connect suppliers and customers in areas such as aircraft engine manufacturing, consumer electronics and home appliances
India heads the list of non-US-born unicorn founders, with 90 from the country, followed by Israel with 52, Canada with 42, the UK with 31, and China with 27 founders
Marut Drones is also exploring disaster management and surveillance applications
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
Prime Minister Narendra Modi asked civil servants on Saturday to keep themselves abreast with latest technological developments so as to meet the rising standards and stressed the need for following a citizen-centric approach. Addressing an event here, the prime minister also suggested seeking help from startups, research agencies and youngsters for getting new ideas. With artificial intelligence, information processing is also becoming equally easy, making the citizenry informed and empowering them to keep a tab on all the activities of the government, he said. "So the civil servants need to keep themselves abreast with latest technological developments so as to meet the rising standards, wherein Mission Karmayogi can prove to be of help," Modi said after launching the "Karmayogi Saptah" -- National Learning Week -- at the Dr Ambedkar International Centre here. The National Programme for Civil Services Capacity Building or Mission Karmayogi was launched in September 2020 to foster
Weaver Services, a non-bank lender formed by former executives of erstwhile home finance major HDFC, on Thursday, announced that it has bagged Rs 800 crore in commitments from private equity funds. Gaja Capital and Lok Capital have made the commitment, which will be utilised for fuelling the company's pan-India plans and also for a Rs 267-crore acquisition of Capital India Home Loans, as per an official statement. "I am happy to see a team of former colleagues and partners unite to establish a housing finance company dedicated to addressing the needs of an under-served segment of society," Keki Mistry, former vice chairman and chief executive of HDFC, said in the statement. After securing necessary regulatory approvals and acquisition completion, Weaver is aiming to launch home loan products for self-employed individuals in the unorganised sector, particularly in Tier 2 and Tier 3 towns, the statement added. HDFC's former head of merger and acquisitions Satrajit Bhattacharya, and .