Startup
- Business
31 Indian startups secured over USD 466 million this week, 75 pc jump
New Delhi: At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340…
- Business
Indian startup ecosystem saw $113 million funding this week
New Delhi: Riding on the momentum amid resilient economic growth, the Indian startup ecosystem saw funding worth $113 million this week in nearly 22 deals. Dairy and grocery startup Country Delight secured…
- Hyderabad
Hyderabad to host International Startup Festival in September
Hyderabad: The city is preparing to host the third edition of the International Startup Festival 2024 from September 26 to 28, focusing on the theme of “Innovation and Entrepreneurship in the AI…
- Business
Indian GenAI startup Devnagri raises new funds led by Inflection Point Ventures
New Delhi: Homegrown Generative AI (GenAI) startup Devnagri on Thursday said it has raised an undisclosed amount in a pre-Series A round led by Inflection Point Ventures. The B2B-focused Indian language translation…
- Business
Union Budget: Indian startup ecosystem hails angel tax abolition
New Delhi: The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax — the tax imposed on funds raised by startups from angel investors — for all…
- India
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
- Technology
India has 3,600 deeptech startups, ranks sixth globally: Nasscom
New Delhi: India now ranks sixth among the top nine deeptech ecosystems globally with 3,600 such startups, which received $850 million funding last year, a Nasscom report said on Thursday. From 3,600…
- Hyderabad
Hyderabad in list of best cities for startup ecosystem in Asia
Hyderabad: Hyderabad has secured a spot in the list of best cities for startup ecosystems in Asia. The ‘2024 Global Startup Ecosystem Report’ by Startup Genome, a US startup research firm, which…
- Business
IIT Madras’ startup Agnikul launches world’s 1st rocket with fully 3D-printed engine
Chennai: Agnikul Cosmos, a start-up incubated at the IIT Madras, on Thursday launched the world’s first rocket with a single-piece three-dimensional (3D) printed engine. The rocket Agnibaan SOrTeD (SubOrbital Technological Demonstrator) is…
- India
We can become ‘Viksit Bharat’ even before 2047 with robust startup ecosystem: Puri
New Delhi: Riding on the overall economic growth across the spectrum, especially in the vibrant startup and unicorn ecosystem, India can achieve the ‘Viksit Bharat’ status even before 2047, Union Minister Hardeep…
- Business
Indian startup Mindgrove unveils 1st indigenous high-performance chip
New Delhi: As India begins its chip-making journey, fabless semiconductor startup Mindgrove Technologies, on Monday, said that it has launched the country’s first commercial, high-performance SoC (system on chip). Called ‘Secure IoT,’…
- Business
Indian AI startup Neysa raises $20 mn to boost GenAI adoption
Mumbai: AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million (nearly Rs 166 crore) led by Matrix Partners India, Nexus Venture Partners and NTTVC investment firms.…
- Business
GenAI startup Vodex raises $2 mn to scale global expansion
New Delhi: Homegrown GenAI startup Vodex on Wednesday said it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for…
- Business
Tin Men Capital leads $2.7 mn investment in AI startup Ailytics
New Delhi: Venture capital firm Tin Men Capital, co-founded by Jeremy Tan and Murli Ravi, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup, it said…
- Business
Climate-tech startup BNZ Green raises funds to drive low-carbon economy
New Delhi: Blockchain-based climate-tech startup BNZ Green on Monday said it has secured pre-seed funds worth $100,000 from Climate Detox and others. The funds will be utilised primarily for platform development and…
