startup

The move marks the first IPO by an electric vehicle (EV) startup in the country.According to the draft red herring prospectus, Ola Electric's public issue comprises a fresh issue of Rs 5,500 crore and an offer for sale (OFS) of 9.51 crore equity shares.As part of the OFS, Agarwal will sell...

Of the 3,600 startups, more than 480 were founded last year – more than twice the number founded in 2022.Of these 480 startups launching in 2023, more than 100 are "inventive deeptech firms that have developed intellectual property or innovative solutions in new domains."Notably, 74 percent...

India remains the fourth most funded country globally in the tech startup landscape. According to Traxon, a leading market intelligence platform, the US leads in total funding volume, followed by the UK and China.The month of April saw the highest monthly funding ($862 million) in H1 2024...

Addressing an inaugural event for 'Invest Karnataka 2025', the upcoming global investor meet to be held in February next year, Siddaramaiah said that in the last decade, the state has registered a growth of 9.3 per cent.Siddaramaiah said, "The vision of the government extends beyond the urban...

New Delhi, Venture capital firm GVFL on Wednesday announced the first closing of its seed-stage fund – Starts, which has a corpus of Rs 200 crore.The Ahmedabad-based firm said it aims to deploy the funds with the next investment of Rs 1-3 crore in 25-30 promising technology startups across B2B...

New Delhi, BioCompute, a startup that uses DNA for data storage to tackle emissions from data centres, won India's largest non-equity climate entrepreneurship grant of Rs 31 lakh at the SusCrunch 2024 program organized by Sustainability Mafia (SusMafia).The “Big Pie” grant, jointly offered by...

New Delhi, Proptech startup Landed on Tuesday said it has raised funds in a strategic funding round led by Paradigm Shift VC.The company did not disclose the amount of money raised.Landed said in a statement that it will use the new capital to expand its product line and expand its workforce...

Rishabh Sood, co-founder and CTO of BlueSmart, discusses his founding journey, building a sustainable business, and EV adoption with host Gautam Srinivasan.Two men sitting in a room Description generated automaticallyOver the past decade, the Indian startup ecosystem has witnessed a...

VMPLNew Delhi [India], June 17: Over the past decade, the Indian startup ecosystem has witnessed a phenomenal growth, emerging as a vibrant and dynamic landscape for entrepreneurs. India is hosting startups ranging from tech-driven to those focused on social impact and sustainability...

The Minister directed the officials to focus on the flagship National Quantum Mission and work on the development of quantum technologies and quantum communications.“India is currently at par with other countries in terms of quantum technologies,” the minister said. He said that our mission...

New Delhi, Amazon Web Services (AWS) has committed US$230 million to support generative AI startups as part of the expansion of its global Generative AI Accelerator program.The 10-week program, starting October 1, seeks to help 80 founders and startups, including 20 from the Asia-Pacific and...

PNNHyderabad (Telangana) [India], June 13: Ignesa India Solutions Pvt. Ltd., a leading startup specializing in AI-powered geospatial solutions, has been awarded the prestigious Best Technology Startup Award 2024 for their outstanding work with “Intelpol”. Has gone. -Edge geospatial AI solution...

New Delhi, Deeptech startup Ethereal Machines on Thursday said it has raised US$13 million (about Rs 108.6 crore) in a funding round led by Peak XV Partners and Steadview Capital.The company also plans to invest capital for R&D and set up its facility in Bengaluru.The Series A funding round...

The round also saw participation from existing investors Bloom Ventures, Enam Investments and Sandeep Singhal.Kaushik Mudda, co-founder of Ethereal Machines, said in a statement, “This fundraising will allow us to enhance our R&D initiatives and expand our production capacity, positioning...

Co-organized by Steamhouse India and presented by Ayani Lab Grown Diamond Jewellery, the summit will feature over 20,000 participants, 300+ startup founders, 100+ VCs, 500+ investors and renowned industry speakers.Surat (Gujarat) [India], June 12: IVY Growth Associates, a leading venture...

Dr. Ekrup Kaur, Secretary, Department of Electronics Information Technology Biotechnology and Science and Technology, Government of Karnataka, said, “The Government of Karnataka is committed to making Bengaluru the best place to start and grow their business through founder-friendly policies...

PNNBengaluru (Karnataka) [India], June 12: Leading startup incubator StepUp Ventures (TSUV) announced that Demo Day for Cohort Four is scheduled on June 20 and 21, 2024. This program will start at 5:00 pm. India Time), will feature 10 innovative startups from Tier 2 and Tier 3 cities across...

New Delhi, D2C skincare brand Foxtel on Wednesday said it has raised US$18 million (about Rs 150 crore) in a funding round led by Singapore-based Panthera Growth Partners and will infuse fresh capital for category expansion and top-level hiring. Is planned.The Series B funding round also saw...

Ecosystem value is a measure of economic impact, calculated as the value of exits and startup valuation.The Global Startup Ecosystem Report (GSER) 2024 was released by US-based Startup Genome and Global Entrepreneurship Network at London Tech Week.While Kerala tops India's startup ecosystem...

The startup said it will use the capital to expand its dense battery-swapping network across the country and drive greater electric mobility adoption.“The fresh capital will enable us to accelerate our expansion, enhance our technology and strengthen our market presence,” said Pulkit Khurana...