Page 52 of startups

PropShare raises $47 million in equity at valuation of $170 million

Bengaluru-based PropShare allows “ordinary users access to institutional grade assets with 8-10% in-place rental yields and 17-20% returns”.

June 28, 2022 00:10 IST

Fintech start-up WeRize raises $15.5 million

The company, which focusses on addressing the needs of smaller towns in India, will use these funds to build new…

June 24, 2022 08:49 IST

LeadSquared had previously raised USD $32mn led by Gaja Capital in 2020, and USD $3mn during its Series A led by Stakeboat Capital in 2019.

Sales Automation SaaS platform LeadSquared joins the unicorn club with $153mn from WestBridge Capital

LeadSquared has more than 2,000 customers, including high-growth organizations from edtech, higher education, financial services, healthcare, marketplaces, and more.

June 21, 2022 18:52 IST

Social commerce startup Citymall sacks 191 employees months after raising $75 million

The decision to layoff employees comes roughly three months after it raised $75 million in its Series C round.

Updated: June 20, 2022 16:32 IST

Investors stay bullish despite slowdown in pace of deals

Average VC cheque sizes have also declined, and consumer tech activity is the hardest hit. Private equity, however, has maintained…

June 17, 2022 09:13 IST

Ecotron is a solar pumping solution adopted by over 70,000 farmers which leverage embedded IoT, predictive analytics and advanced motor controls to help improve irrigation efficiency and agricultural profitability.

Tech startup Ecozen raises Rs 54 crore in Series C round

Northern Arc, UC Inclusive Credit, Maanaveeya and Samunnati also participated with debt funding. Early investors in Ecozen include IFA and…

June 17, 2022 05:15 IST

The firm also plans on investing in product and technology development.

B2B startup Groyyo raises $40 million in Tiger Global-led round

The round saw participation from Groyyo’s early investors, Alpha Wave Global, Sparrow Capital, Stride Ventures, Blacksoil and Capsave Finance, too.…

June 16, 2022 00:35 IST

Speaking at an event hosted by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday, Das also warned businesses against building models that target short-term growth with scant regard for risk management.

Start-ups should assess build-up of risks: RBI governor Shaktikanta Das

Acknowledging that many of them may already be carrying out such an exercise, he said a focus on risks should…

June 10, 2022 04:15 IST

Gupta said other companies had achieved a similar feat using specially developed super conducting fibre, whereas the technology developed by QNu works on existing fibre optic networks.

Indian start-up breaks distance barrier in secure communications

He said QNu Labs has become the first company globally to demonstrate secure communication over 325 km using the indigenously…

June 7, 2022 17:22 IST

In CY21, Indian start-ups raised around two times more in investments against the previous year, out of which 61% were raised by 42 unicorns alone. Around 10-15% start-ups now have at least one woman co-founder, including 10 unicorns.

Go back to basics

For start-ups, funding squeeze is a wake-up call for pursuing profitable growth

June 7, 2022 04:00 IST

women entrepreneur, start-up, funding, seed funding, debt, company dilution, ExpressAWE, funding pitch, capital, finances, start-up growth, scale up, VC, PE, equity

Losses no bar Premium Story

Loss-making start-ups’ IPO subscriptions show investors valuing potential over performance

Updated: June 7, 2022 08:43 IST

F2C agritech startups: Farm-to-fork journey made easier

F2C startups are leveraging technology to eliminate inefficiencies in the supply chain, benefitting both farmers and consumers

June 6, 2022 01:45 IST

Ridding small and midsized businesses’ digital journey of pain points

The startup’s tech solutions are helping businesses meet compliance needs efficiently, among other things

June 6, 2022 01:15 IST

California-based start-up Superhuman sacks 22% staff

The funds were raised to better the software, add more features and ramp-up hiring.

June 5, 2022 03:45 IST

Startup launches 10-min liquor delivery service in Kolkata

Booozie, the flagship brand of Innovent Technologies Private Limited, claimed it is India’s first 10-minute liquor delivery platform.

June 2, 2022 12:43 IST

Mensa Brands achieves Rs 1,500 cr net revenue in first 12 months of operations

Mensa Brands founder and CEO Narayanan, who is also former Myntra and Medlife CEO, told FE that the firm is…

June 1, 2022 00:30 IST

Shardul Sheth- Co-Founder & CEO, AgroStar-1

AgroStar: Updating farmers on best practices

AgroStar, a digital farmer network and agri-inputs platform, is helping 1 mn farmers with real-time advisories and quality inputs.

May 30, 2022 02:44 IST

Riverwalk Holdings launches Rs 150-crore fund to back startups

The VC fund aims to leverage its stakeholder network to accelerate the growth of start-ups by providing access to leading…

May 27, 2022 01:00 IST

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Food inflation in negative zone for 4th month in a row

Policy41 min ago

Retail food inflation in India remained negative for the fourth month in a row, dropping by 2.28% in September. This was driven by lower prices of vegetables, cereals, pulses, meat, eggs, and spices. The consumer food price index also decreased by 0.49%, but edible oil and fruit inflation remained high due to global prices and a weaker rupee.

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