Page 31 of startups

Supam Maheshwari, co-founder and CEO of Firstcry.com

Meet Supam Maheshwari, the IIM alumnus who founded $1.9 billion firstcry.com; know about his journey, partnership with Mahindra, and net worth

Mahindra Retail owned 10.48% of FirstCry in 2021, while Mahindra Engineering and Chemical Products, another Mahindra company, held 3.11% preferred shares.

August 21, 2023 07:30 IST

AARTAS CLINISHARE: Startup finds a niche in medical coworking

Helps doctors in growth of private practices affordably.

August 21, 2023 00:50 IST

grant thornton, startup funding, startup deals, private equity, merger and acquisition, M&As, july startup deals, startup funding, edtech, fintech

Startups lead PE, M&A deal volume in July with 39 deals: Grant Thornton Bharat

Overall, 95 PE and M&A deals were recorded during the month amounting to $3.1 billion. While deal volume saw a…

August 18, 2023 13:18 IST

startup news, startup funding, incubation for startups, pre-seed funding, seed funding, early stage startup funding, small business, msme news, startup funding news, AI, Industry 5.0, tech startup, hardik pandya, hardik pandya startup investment, hardik pandya net worth

Cricketer Hardik Pandya, angel investors put $550k in kids footwear startup Aretto

Aretto holds a utility patent from the Indian Patent Office for its sole technology that allows Aretto shoes to expand…

August 18, 2023 11:28 IST

cockroach startup, cockroach infestation, decision-making, client acquisition, costs, resilience, financial prudence, flexibility, customer service, long term outlook

From Underdog to Unstoppable: Cockroach Startups Revolutionizing the Industry

Cockroach companies are distinguished by their ability to survive and adapt to harsh conditions. To sustain their activities with limited…

August 17, 2023 15:02 IST

msme news, startups, drone technology india, drone delivery india, startups, tech startups, indian tech, Indian unicorns

Shiprocket and Skye Air partner to provide drone delivery services for their merchants

The company states that drone delivery will facilitate same-day delivery and next-day delivery and make the delivery process eco-friendly and…

August 17, 2023 11:55 IST

Mukesh Ambani, Mukesh Ambani Lifestyle, Addverb technologies, Mukesh Ambani reliance, Reliance jio, reliance industries, Ambani Lifestyle, robotics, warehousing, lifestyle

Meet the four founders of Addverb, the company revolutionising warehousing and robotics whose biggest shareholder is Mukesh Ambani

Mukesh Ambani’s Reliance Retail has secured a substantial 54 percent stake in Addverb

August 17, 2023 08:00 IST

Public sector lender Indian Bank sets up 10 startup cells for dedicated banking services

The cells will cater to a number of dedicated banking products and services designed for startups according to their specialised…

August 16, 2023 17:57 IST

Fabless start-ups chip in to build robust supply chains

At the bottom of the supply chain system, there are companies which build in-house intellectual properties (IPs) like Incore Semiconductors,…

August 14, 2023 05:00 IST

CLIRNET: A live platform that gives doctors a helping hand

Offers free digital tools and services to deliver last-mile patient care.

August 14, 2023 00:05 IST

Moreover, this year saw only 76 rounds of investment, while the previous year had seen about a 100 more during the same period, the data showed

Parliamentary panel recommends easing criteria for startups to avail tax benefits

The section allows startups to claim a deduction of up to Rs 100 crore in profits for three consecutive years.

August 12, 2023 00:45 IST

Startup employees got an 8-12 per cent average increment, Cos preferring ESOP: Report

As per the report, the average hikes for tech roles were also between 8 to 12 per cent. For small…

August 11, 2023 11:47 IST

Performance gets 50% weightage: Hikes at startups in FY23 ‘just enough to cover inflation’

“This is just enough to cover inflation, which is expected to be in the range of 6-7% in FY23,” the…

August 11, 2023 00:30 IST

startup funding, redseer, unicorns, funding winter, funding spring, venture capital, private equity, seed stage, early stage deals, startup deals

Funding winter: Investors expect ‘spring’ to return in 6-12 months for startups, says report

The survey report noted that startup funding in value and volume in 2023 is also expected to revert to the…

August 10, 2023 13:52 IST

CFO, optimism, confidence, financial conditions, macro-economic conditions, Dun & Bradstreet India, industrial sector, supply chain, investment, working capital, commodity prices

D2C Wellness brand What’s Up Wellness raised Rs 14.4 crore in seed funding led by Unilever Ventures

The company in its angel funding, in 2022, raised funding from cofounders of consumer brands such as Sirona, Hygiene and…

August 9, 2023 11:56 IST

startup funding news, fintech news, startup funding, incubation for startups, pre-seed funding, seed funding, early stage startup funding, small business, msme news, startup funding news, AI, Industry 5.0, tech startup

Debt collection startup Credgenics raises $50M; valuation jumps over 3X to $340M

The company said it plans to utilise the capital for product innovation and enrichment, international business expansion, and capturing other…

Updated: August 9, 2023 12:20 IST

budget 2024, interim budget, budget expectations, finance minister, Nirmala Sitharaman, economy, vote on account, economic growth, fiscal deficit

37 startups funded under North East Venture Fund: MoDNER; check investment details

Of the 37 startups, 24 were from Assam, followed by six from Manipur, three from Meghalaya, two from Arunachal Pradesh…

August 8, 2023 11:55 IST

Corporate skilling platform Disprz raises $30 million round led by Lumos Capital Group, 360 ONE Asset

The funding round also saw participation from other investors like Kae Capital, KOIS, and Dallas Venture Capital. Lumos Capital Group…

August 7, 2023 11:53 IST

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Bengaluru man shares lessons after closing restaurant within a month.

Dreams, sweat, and tears: Bengaluru man closes restaurant after a month, says ‘the easiest way to lose money is at …’

After years of commuting 50 miles each way, employee happily gives up office for remote work.

Employee gives up office after 5 years of remote work, says ‘I don’t think I can…’

KVB Q2 net profit up 21% to ₹574 crore

Business7 hr ago

Karur Vysya Bank reported a 21% increase in net profit for the second quarter, with total business reaching a milestone of ₹2,00,000 crore. The bank’s total business grew by 15% year-on-year, with advances and deposits also seeing a 15% increase. The bank’s asset quality improved, with Gross NPAs decreasing to 0.76% and Net NPAs decreasing to 0.19%.

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