Page 3 - Startups In India

Statsguru: Indian Cloud infrastructure firms face bottomline haziness

The annual trend in Cloud company formation reveals notable growth over the years. However, in 2024, the number dipped, both globally and in India

DPIIT signs pacts with over 50 firms to boost mfg, startup innovation

Firms, which have entered into these MoUs with the DPIIT, include boAT, HDFC Capital Advisors, Hero Moto, Zepto, Kotak Mahindra Bank, Yes Bank, Paytm, Walmart, and Ather Energy

MeshDefend raises $2.3 million to bring AI intelligence to enterprise data

Kalaari Capital leads the pre-seed round as the startup, founded by former Dell executives, builds an AI-native platform to secure and automate enterprise data infrastructure

Nvidia joins $850 million India Deep Tech Alliance to boost AI startups

Nvidia has joined Indian and US investors in the India Deep Tech Alliance, which has raised over $850 million to support startups in AI, space, semiconductors and robotics

Urban Company reports 37% revenue growth as core business stays profitable

Adjusted Ebitda loss of ₹35 crore driven by investments in new vertical Insta Help; international markets achieve breakeven

Pluro secures ₹125 crore Series A funding led by Bessemer Venture Partners

The company raised the funds at a valuation of Rs 1,000 crore, which will help it expand its network of fertility specialists, invest in technology, and deepen clinical capabilities

Snabbit raises $30 mn Series C to expand into child, elder and cooking care

The Bertelsmann-led funding marks Snabbit's third raise in nine months, helping the women-led quick services startup expand into new home care categories

IntrCity SmartBus secures ₹250 crore as India's intercity travel booms

Asset-light aggregator plans to double fleet and reach Rs 1,000 crore revenue as sector grows 10-13% annually

Unicorn India Ventures to close ₹1,200 cr Fund III by December 2025

The VC firm has raised over ₹1,000 crore and plans to invest 80% of Fund III in deep-tech, defence, and semiconductor startups across 20 companies

Kerala's climate tech startup gets ₹75 lakh grant from Cochin Shipyard

Deep-tech climate startup Neiox Eco Cycle has won a prototyping grant of Rs 75 lakh from Cochin Shipyard Ltd (CSL) under the USHUS Maritime Innovation Scheme, company officials said on Friday. The cheque for the amount was handed over at a function at IIM-Kozhikode, where the official agreement was signed with the startup founded by CEO Akhil Raj Pottekkat, a statement by the firm said. According to Nieox Eco Cycle, the grant will support the development of the world's first sustainable, non-toxic, carbon-negative marine hull coating a breakthrough material with anti-corrosive and anti-biofouling properties The coating is derived from captured air pollutants, which would otherwise contribute to lung damage and cardiovascular diseases. Neiox's innovation converts climate and health liabilities into economic assets, while enhancing ship's fuel efficiency, reducing CO2 emissions and protecting marine ecosystems representing a Kerala model on the global canvas, the statement ...

Rapido cofounder: Subscription model has halved customer acquisition cost

Ride-hailing company aims to become profitable in a year, says cofounder

Qcom platform LoveLocal to launch 30-minute delivery, expand outside Mumbai

LoveLocal, which focuses on the fresh edibles category, acts as a bridge between local retailers and customers

We're building global innovation bridge between St Louis and India: Bio-STL

Bio-STL and AgVaya launch Global AgXelerate to connect Indian agri-tech and bioscience startups with global markets and investment opportunities

Snabbit shifts corporate headquarters to Bengaluru, expands leadership

The company has plans to double its workforce by 2025-26

300+ startups working on satellite manufacture, launch services: Isro chief

Isro chairman V Narayanan credits IN-SPACe for integrating startups into India's space ecosystem; says human lunar mission target set for 2040

HouseEazy raises ₹150 cr in Series B round from investors to grow business

HouseEazy, a marketplace for resale homes, has raised Rs 150 crore from investors, including Accel, to grow its business. In a statement on Tuesday, the company said it has raised this amount in a Series B funding round led by Accel, with participation from existing investors Chiratae Ventures and Antler. "The capital infusion will fuel technology advancements, geographic expansion, and brand growth, while strengthening HouseEazy's basket of services," the statement said. HouseEazy was founded by Tarun Sainani and Deepak Bhatia. "Indian consumers have long awaited a safe, one-stop solution for buying and selling homes. HouseEazy was founded with the vision of transforming the entire home ownership journey, built on the pillars of trust, speed, and convenience," said Bhatia. In just three years, Sainani said the company has helped over 2,500 homeowners transact properties worth more than Rs 2,000 crore. "With this new funding, we're ready to expand HouseEazy into new cities and un

Artha India Ventures announces first close of ₹500 cr Artha Venture Fund II

The Rs 500 crore micro VC fund will invest in 36 early-stage startups across premium consumption, fintech, AI, and deep tech themes

GoodScore raises $13 mn from Peak XV to expand AI credit platform

Bengaluru-based fintech will use the funds to deepen its AI-led credit health offerings, scale its marketplace, and grow its product and tech teams

EcoEx raises $4 million to expand waste-tech and clean solutions

EcoEx's $4 million seed funding from Dovetail Global Fund and others will fuel tech upgrades, expansion, and ESG-aligned waste management solutions across India

Lightspeed leads $23 mn funding in Emergent AI app-building platform

AI startup Emergent raises $23 million Series A led by Lightspeed as platform hits $15 million ARR in 90 days with 1.5 million apps built from natural language prompts