Page 20 of startups

Snitch sees sales more than doubling in FY24

New-age brands such as Snitch have largely benefitted from consumers shifting to domestic brands, when it comes to clothing, beauty…

April 10, 2024 01:40 IST

unicorn, hurun india, hurun global unicorn index, swiggy, razorpay, china unicorns, us unicorns, fintech, saas, blockchain, ai

India’s unicorn count down for the first time since 2017: Hurun Global Unicorn Index 2024

The US continued to lead the unicorn tally with 703 unicorns followed by China with 340 unicorns and India with 67…

April 9, 2024 16:53 IST

STEM-based solutions, climate change, health, Nationally Determined Contributions, Paris Agreement, synapses, ruchira shukla, IFC, sangam ventures

Former IFC executive, startup VC launch new $125 million fund for STEM innovations in climate, health

Focusing on identifying and supporting STEM-based solutions for climate change and health-related challenges, the fund aligns with the Government of…

April 9, 2024 15:57 IST

Planys Technologies, ashish kacholia, under infrastructure testing, IIT madras, Samarthya Advisors, Golden Birch Investments, Cogniphy Angel Fund, Krishna Defence, and Impact India Investment Partners

Ace investor Ashish Kacholia leads Rs 43 crore funding in underwater infra testing startup Planys Technologies

Planys addresses a large market of underwater asset maintenance with its technology that pinpoints defects with high precision, benefiting various…

April 8, 2024 17:20 IST

platinumx, india quotient, online pharmacy, epharmacy, online medicine delivery, pharmeasy, netmeds, 1mg, tata, truemeds, amazon pharmacy, flipkart health

Online pharmacy startup PlatinumRx raises $800k in seed round from India Quotient, angels

PlatinumRx said it delivers to over 20,000 pin codes within two-three days and provides same-day delivery in Bengaluru.

April 8, 2024 17:01 IST

filter capital, startup funding, venture capital, vc funds, private equity, capillary technologies, HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, DSP family office, Harsh Jain, Dream11, warburg pincus, startup bubble, funding winter

Filter Capital closes first fund at Rs 800 crore from HDFC Fund of Funds, SIDBI, others

Nitin Nayar, Co-founder and Managing Director at Filter Capital told FE Aspire that the fundraising stands out notably among first-time…

April 8, 2024 00:02 IST

defence, jamwant venture fund, technology development board, tdb, indian navy, covid, idex, aditi scheme

Navy veteran Navneet Kaushik launches Jamwant Venture Fund to back defence startups

The alternative investment fund will focus on startups in the defence sector to contribute to the growth and development of…

April 1, 2024 13:51 IST

venture intelligence, pe-vc investments, private equity, venture capital, startup funding, tracxn

PE-VC investments drop 8% in Q1 2024 from year-ago period

Q1 2024 investments were also down by 6 per cent from $6.6 billion invested across 200 deals in the immediate…

April 1, 2024 11:22 IST

observe startup funding, Sutter Hill Ventures, snowflake, Capital One, Reveal, Top Golf, venture capital

Software startup Observe raises $115 mln from Sutter Hill Ventures, Snowflake

The latest round of funding took the total amount raised to $210 million. Existing investors Capital One Ventures and Madrona…

March 27, 2024 19:02 IST

startup funding, tracxn, indian startup ecosystem, early stage, seed stage, late stage, credit saison, shadowfax, peak xv, capillary

Capital crunch: 51% decline in Q1 2024 startup funding from year-ago period; 27% QoQ drop

Stage-wise, late-stage funding saw the biggest drop this quarter, dropping by over 46 per cent to $0.67 billion in Q1…

March 26, 2024 14:30 IST

world fund, climate, fund, environment, pwc, startups, European Investment Fund, EUglobal warming

Climate-focused investment firm World Fund raises 300 mln euros

The first fundraising for World Fund comes amid a broader backdrop of lower investments in the global private equity sector…

March 22, 2024 18:33 IST

Once burnt, investors curb enthusiasm for India’s startups

In January and February, India’s startups raised about $900 million – a pace that signals another slow year after a…

March 22, 2024 12:34 IST

ultrahuman, smart ring, wearables, health and fitness, Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation, Zomato, Deepinder Goyal, IDC, crunchbase, glucose, bp, sugar

Wearable startup Ultrahuman raises $35 million from Blume, Steadview, Zomato’s Deepinder Goyal, others

The company said it has become the second-largest player in the smart ring market in the past 12 months while…

March 20, 2024 17:09 IST

startup mahakumbh, pm modi, narendra modi, amitabh kant, third largest economy, unicorns, agriculture, textiles, medicine, transport, space, yoga, ayurveda, g20 delhi declaration, byju's, paytm

PM Modi: Startups to play major role in India’s jump as the 3rd largest economy

“India is the third largest startup ecosystem with 1.25 lakh startups involving 12 lakh youth who are directly linked with…

March 20, 2024 13:54 IST

easemytrip, prashant pitti, optimo, msme lending, rural india, msme loans, co-lending, blume ventures, omnivore

EaseMyTrip Co-founder Prashant Pitti’s MSME lending startup Optimo Loan raises $10M from Blume, Omnivore

The funding will be used to expand Optimo’s operations, enhance its technology, recruit new talent, and broaden its presence to…

March 20, 2024 11:28 IST

The investment firm is looking to invest up to Rs 60 crore (Image: Freepik)

Investors earmark Rs 25,000 crore funds for AI, automation startups

Since AI is an emerging area, a lot of investors are ready to invest in early stage companies

March 20, 2024 10:13 IST

b capital, facebook, eduardo saverin, opportunities fund, startup funding

Facebook Co-founder’s B Capital closes $750 million Opportunities Fund II for late-stage startups

The majority of the fund will focus on follow-on investment opportunities in existing and growing B Capital portfolio companies. B…

March 19, 2024 16:34 IST

g20, amitabh kant, dpiit, startups, valuation, VCs, venture capital, governance, paytm, byju's, startup mahakumbh

Amitabh Kant: Startups’ focus on growth and valuation at all cost leads to misgovernance

Speaking at the Startup Mahakumbh event on Monday G20 Sherpa and Former CEO of Niti Aayog Amitabh Kant called for…

March 18, 2024 12:20 IST

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Tech Mahindra Q2 results: Profit declines 4.4%, revenue grows to Rs 13,994 crore

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Tech Mahindra’s Q2 FY26 profit declined by 4.4%, with a consolidated PAT of Rs 1,201 crore compared to Rs 1,257 crore in Q2 FY25. However, the company’s revenue showed resilience with a 5.12% YoY growth, reaching Rs 13,994 crore in Q2 FY26. In the same quarter of the previous fiscal year, revenue was at Rs 13,313 crore.

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