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...
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...
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...
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...
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"...
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...
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"...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...