Page 3 - Startups In India

Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha

Palicha says Zepto's topline could scale to over Rs 2.4 trillion over the next 5-10 years

Lack of skilled researchers, not funding, a bigger problem for AI startups

Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"

Indian fashion brands are becoming hot bets for venture capital firms

The fashion and lifestyle space is India's second largest consumer category, valued at $110 billion with approximately 10 per cent online at $11 billion

Bharat Innovation Fund co-founder foresees global reach of Indian deep tech

India's deep tech sector has surged to over 4,500 firms, with strong government support and policy initiatives. But access to capital remains a challenge for startups in this sector

IPO-bound startups find favour among investors amid funding resurgence

Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better

Dairy startup co Sid's Farm raises $10 million in Series A Round

Sid's Farm plans to use the funds to establish a strong presence in Hyderabad and Bengaluru by enhancing manufacturing capabilities

25 Indian startups drop out of Hurun India Future Unicorn Index 2024

Funding winter shows, cheetahs too lose steam

Tech startup funding at $4.1 bn in H1 2024, 4% higher than H2 2023: Tracxn

Indian tech startups raised a total USD 4.1 billion in H1 2024, four per cent higher than H2 2023, although the numbers still trailed the levels seen a year ago, according to a report by market intelligence platform Tracxn. At USD 4.1 billion, India still remains the fourth-highest funded country globally in the tech startup landscape, it said. The United States led in overall funding volumes, followed by the UK and China. "Indian tech startups raised USD 4.1 billion in H1 2024, a 4 per cent increase from USD 3.96 billion in H2 2023. Though there was a 13 per cent decrease compared to USD 4.8 billion raised in H1 2023, India still remains the fourth-highest funded country globally in the tech startup landscape," the Tracxn report said. Tracxn, India Tech Semi-Annual Funding Report H1 2024 offered insights on funding trends, sector performances, and notable developments in the Indian technology sector for the said period. Citing key trends, it said seed-stage funding increased to U

The Pant Project raises $4.25 mn in series-A round led by Sorin Investments

The D2C fashion brand plans to double down on its omnichannel retail strategy and cross Rs 100 crore in revenue within the next 18-24 months

IPO-bound firms seek advice amid market fluctuation after Lok Sabha results

Lok Sabha elections 2024 results: IPO-bound companies are consulting experts for guidance amid the fluctuations in the stock market

Fewer startups getting bigger cheques when investors chase returns

There were 465 deals this year, compared to 758 reported in the same period last year

Role of foreign investments in India's thriving startup ecosystem

Foreign investments bring crucial capital, technology, and global market access, propelling India's startup success and innovation

Infra.Market raises $50 million from existing investor MARS Unicorn Fund

Infra.Market intends to use the proceeds of the latest raise to cater to newer global markets and increase its presence across product verticals

Indian startup ecosystem mature, set to bolster economy: AWS' Raghavan

The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting its strength and innovation potential. "We are the 5th largest economy, we are trending towards becoming the 3rd largest... factors that will contribute to it are labor addition, infrastructure growth, and efficiency improvements, where technologies like GenAI will play their part, a large developer ecosystem, the ability to build products in the country and serviced all over the world, then there are regulatory tailwinds like Make in India and Production Linked Incentive (PLI) scheme as well," he said. Raghavan lauded the maturity of the Indian startup ecosystem, noting the significant contributions of experienced founders who have embarked on multiple ...

Investments by PE, VC funds decline 35% in April to $4.4 bn: Report

The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said

9Unicorns rebrands as 100Unicorns; launches its second fund of $200 million

The second accelerator fund called 100Unicorns Fund II with a target size of $200 million includes a green-shoe option of $100 million

The Koo story: Bottlenecks in building, sustaining Indian competitor of X

Homegrown microblogging platform Koo has, however, been India's most successful attempt at recreating the X model

Alphadroid aims to empower hospitality industry with service robots

Robotics company Alphadroid aims to develop a machine that empowers overall business processes with sustainability and cost efficiency

Byju's continues facing cash crunch as NCLT defers hearing to June 6

Byju's and its investors are fighting at the National Company Law Tribunal (NCLT) over the company's rights issue of $200 million in a petition alleging oppression and mismanagement

Aramco's VC arm building an India team to bet on early-stage opportunities

Prosperity7 Ventures, Saudi Aramco's venture capital arm, manages over $3 billion in assets worldwide