startup

  1. Entrepreneurship means doing things fast, creating competitive advantage: Narayana Murthy

    Entrepreneurship means doing things fast, creating competitive advantage: Narayana Murthy

    Addressing the 'Day Zero 2024' event of deep technology and advanced battery technology startup Log9 Materials in Bengaluru, Murthy said that as long as we keep that in mind, "we are all entrepreneurs".“Everyone can be an entrepreneur because it is a state of mind. As long as everyone in the...
  2. 37 Indian startups received $310 million funding this week

    37 Indian startups received $310 million funding this week

    Last week, 21 startups in the country raised nearly $105 million.According to a report by iEntrackr, 10 startups raised $225.86 million in funding this week, including GP Renewables, which secured $50 million in debt funding.Deeptech startup Ecozen raised $30 million in a mix of debt and...
  3. Kunal Shah's CRED gets in-principle approval for payment aggregator business

    Kunal Shah's CRED gets in-principle approval for payment aggregator business

    According to TechCrunch, citing sources, the startup received preliminary approval from the Reserve Bank of India (RBI) for a payment aggregator license this week.The development marks a step forward for the fintech company in expanding its business offerings.The company did not immediately...
  4. Climate-smart deeptech firm Ecozen raises $30 million from Nuveen and other investors

    Climate-smart deeptech firm Ecozen raises $30 million from Nuveen and other investors

    The startup also raised debt support from Incred Credit Fund and U International Development Finance Corporation (DFC).CEO and co-founder Devendra Gupta said, “The capital raised will enable us to scale our operations and deepen our market penetration across domestic and international regions...
  5. Ushodaya Enterprises, parent company of Ramoji Group, invests in FlexiCloud to expand cloud solutions in Kerala

    Ushodaya Enterprises, parent company of Ramoji Group, invests in FlexiCloud to expand cloud solutions in Kerala

    Kochi (Kerala) [India], April 19: Ushodaya Enterprises Pvt Ltd, the parent company of Ramoji Group, today announced a strategic investment in Kochi-based FlexiCloud Internet Pvt Ltd. The move is part of Ushodaya's efforts to expand its footprint in Kerala, known as "God's own country"...
  6. OrionPro Solutions acquires Arya.AI for Rs 135 crore, acquires 67 percent stake

    OrionPro Solutions acquires Arya.AI for Rs 135 crore, acquires 67 percent stake

    New Delhi, Technology firm OrionPro Solutions on Friday said it has acquired platform-as-a-service (PaaS) startup Arya.AI for Rs 135 crore and acquired 6 per cent stake in the Mumbai-based firm.A statement from the company said the acquisition is aimed at empowering next-generation enterprise...
  7. Ushodaya Enterprises, parent company of Ramoji Group, invests in FlexiCloud to expand cloud solutions in Kerala

    Ushodaya Enterprises, parent company of Ramoji Group, invests in FlexiCloud to expand cloud solutions in Kerala

    AT Kochi (Kerala) [India], April 19: Ushodaya Enterprises Pvt Ltd, the parent company of Ramoji Group, today announced a strategic investment in Kochi-based FlexiCloud Internet Pvt Ltd. The move is part of Ushodaya's efforts to expand its footprint in Kerala, known as "God's own country"...
  8. IIT-K and BFI partner to accelerate healthcare innovation in India

    IIT-K and BFI partner to accelerate healthcare innovation in India

    As part of this collaboration, BFI will support IIT Kanpur in promoting entrepreneurship initiatives through the Startup Incubation and Innovation Center (SIIC), IIT Kanpur.According to an official release, a Memorandum of Understanding (MoU) was signed at IIT Kanpur with Prof. Signed by...
  9. Lightfury Games raises $8.5 million to build high-end titles in India

    Lightfury Games raises $8.5 million to build high-end titles in India

    The startup said it will use the funds to create AAA titles and acquire talent for its studios in India and the UK.AAA games, known for their high level of polish and quality, are developed by top gaming studios with significant financial and technical resources.“The gaming market in India...
  10. Service sector will generate maximum employment, employment will increase by 22 percent by 2028: ORF report

    Service sector will generate maximum employment, employment will increase by 22 percent by 2028: ORF report

    New Delhi [India], Observer Research Foundation report 'India Employment Outlook 2030: Navigating Sectoral Trends and Competencies' (ORF estimates total employment to grow by 22 per cent by 2028 and unemployment to fall by 97 basis points. The services sector is expected to lead this surge in...
  11. Olive by Embassy appoints Dhruv Kalro as co-founder

    Olive by Embassy appoints Dhruv Kalro as co-founder

    New Delhi, Hospitality management startup Olive by Embassy has appointed Dhru Kalro as its co-founder.In a statement on Monday, the startup said it has launched a hybrid strategy and pan-India expansion."Kalro will play a key role in driving the company's growth in underserved hotel...
  12. Husk Power receives additional USD 4 million from ElectriFI to expand solar minigrid business

    Husk Power receives additional USD 4 million from ElectriFI to expand solar minigrid business

    New Delhi, Husk Power has secured US$4 million (over Rs 33 crore) funding from Europe-based Electrify and the company will use the proceeds to expand its solar-hybrid minigrid business in India.With this, Electrify's total investment in the domestic solar company reaches US$10 million...
  13. TRAI recommendations will help startups develop India-made products: Industry body

    TRAI recommendations will help startups develop India-made products: Industry body

    In light of the rapid developments in 5G/6G, AI, Virtual Reality and other technologies, TRAI last week issued recommendations to promote live testing in such innovative use cases and strengthen digital transformation and broadband penetration in the country. .BIF Chairman TV Ramachandran...
  14. AI startup PineGap.ai founded by IITian raises $2.5 million

    AI startup PineGap.ai founded by IITian raises $2.5 million

    Co-founded by IIT-BHU graduates Deepak Sharma and Ankit Varmani, the startup said the funds raised will be used to accelerate product development and build engineering teams in Bengaluru and the US.The funding round also saw participation from DEVC and Silicon Valley serial entrepreneurs like...
  15. SkillsCapital launches platform to connect tech professionals with global job opportunities

    SkillsCapital launches platform to connect tech professionals with global job opportunities

    New Delhi: Technology startup SkillsCapital has launched a program to connect technology and SAP professionals, mainly from tier-2 and tier-3 cities, with global job opportunities, it said in a statement on Sunday.SkillsCapital said the NCR-based startup has introduced an AI-powered talent...
  16. Over $100 million in funding raised by 21 Indian startups this week

    Over $100 million in funding raised by 21 Indian startups this week

    This included six development-stage deals and 12 early-stage deals, Entrac reported on Saturday.“One growth-stage startup and two early-stage startups did not disclose the amount raised,” the report noted.About 30 early- and growth-stage startups collectively raised about $172.7 million last...
  17. Recycla raises Rs 110 crore in pre-Series B funding round

    Recycla raises Rs 110 crore in pre-Series B funding round

    New Delhi: Startup Recyclal on Wednesday said it has raised Rs 110 crore in pre-Series B investment from a Category II scheme managed by 360 One Esay Management.The Hyderabad-based tech startup, which provides a digitized waste management ecosystem, said the investment has "allowed early-stage...
  18. Edtech startup Scaler cuts nearly 10 percent jobs in restructuring process

    Edtech startup Scaler cuts nearly 10 percent jobs in restructuring process

    According to the startup, the restructuring exercise will help it reach long-term growth and sustainability, reports Inc42.Abhimanyu Saxena, founder of Scale, was quoted as saying, "As part of this restructuring, we identified certain functions/roles in the company, primarily marketing and...
  19. Homegrown startup VilCart surpasses Rs 100 crore revenue mark in March

    Homegrown startup VilCart surpasses Rs 100 crore revenue mark in March

    New Delhi: Rural economy-focused technology startup Wilkart on Monday said it clocked revenue of Rs 102 crore in March 2024.The company said in a statement that the journey to Rs 100 crore revenue includes important milestones including strategic collaborations with farmers and farmer produce...
  20. IIT Madras incubated deeptech startup secures funding

    IIT Madras incubated deeptech startup secures funding

    The funding round also saw participation from Samarth Advisors, Golden Birk Investments, Cognifi Angel Fund, Krishna Defense and Impact India Investmen Partners LLC, doubling and tripling the support of existing investors.The startup also saw the exit of many early stage investors.“We intend...
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