startups

New Delhi [India], India, is home to 30 future FinTech Unicorns, with consumer lending emerging as the dominant sub-category, making up more than half of the future FinTech Unicorns, as observed in the ASK Private Wealth Hurun India Future Unicorn Index 2024.The total value of India's future...

The country is likely to have at least 152 unicorns (with valuations of $1 billion and above) in the next 3 to 5 years. The number of unicorns in the country increased from four in 2015 to over 100 in 2024, with over 1.25 lakh startups.Prime Minister Narendra Modi has reiterated that the...

New Delhi, India, saw a significant surge in deep tech startups in 2023, with 480 startups emerging, making it the third-largest cluster globally, according to a report.However, the report by tech industry body nasscom and global consultancy Zinnov highlighted the worrying trend of a funding...

New Delhi: Google on Friday extended a pilot program on real-money online gaming for an indefinite period, following which small gaming companies and startups accused the internet giant of engaging in arbitrary and anti-competitive practices.The latest move marks another example of...

Srinagar, entrepreneurs from Jammu and Kashmir told Prime Minister Narendra Modi that they also offer guarantees like 'Modi ki guarantee' for their products, as youth doing 'pioneering work' in StartUps interacted with him during his two-day visit to Jammu and Kashmir. which concluded here on...

New Delhi [India], India-European Union Trade and Technology Council (TTC) Working Group 2 today held a major startup matchmaking event aimed at promoting battery recycling technologies for electric vehicles (EV).According to a press release, the event, which took place in New Delhi, featured...

New Delhi: Venture capital firm Peak XV is the most active investor in Indian startups with investments in 47 entities, according to ASK Private Wealth Hurun India Future Unicorn Index 2024.According to the index report, Peak XV is followed by Accel which has invested in 25 companies that are...

An independent committee of experts from each side selected these 12 startups through a rigorous process based on scientific merit, market readiness and cooperation prospects."The initiative aligns with India and the EU's commitment to promote a sustainable agenda, foster innovation and forge...

Mumbai: There has been a record drop in the number of future unicorns, with 25 startups delisting due to funding winter, actions by financial regulators and also a bias towards profitability of companies, according to a report on Thursday .The number of unicorns (startups valued at more than...

New Delhi, Indian tech startups raised a total of $4.1 billion in the first half of 2024, up four percent from the second half of 2023, although the numbers are still below levels seen a year ago , according to a report from market intelligence platform Tracxn.With $4.1 billion, India remains...

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...

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, Deeptech-focused venture capital firm 8X Ventures on Wednesday announced the first close of its Rs 200 crore fund, along with a greenshoe option of an additional Rs 100 crore, and said it will raise the next phase in 18-20 Plans to finance early stage startups. three years.The...

The fund will focus on tech startups in B2B SaaS, healthtech, agritech, climate-tech and deeptech, with investments ranging from Rs 1 crore to Rs 3 crore each. The target corpus is Rs 200 crore.Kamal Bansal, MD, “The Startup Fund will ensure availability of a seamless funding pathway for...

Ahead of the 10th edition of the International Day of Yoga (IDY), which is celebrated across the world on June 21 every year, the Minister emphasized that this year's theme 'Yoga for Self and Society' will focus on individual and social well-being. Throws light on the dual role of yoga in...

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...

The “Pink” incubator will collaborate with Indian startups and companies to develop DE&I-focused technology and AI to serve over 500 million LGBTQIA+ globally.New Delhi (India), June 17: In line with efforts to enhance diversity, equality and inclusivity (DE&I) across borders, Borderless.LGBT...

New Delhi [India], In an effort to promote diversity and inclusion in the workplace, large Indian businesses are hiring women at the entry level. However, the percentage at mid-management and senior levels has fallen sharply to 19 per cent, indicating a broken rung in the corporate ladder, as...

New Delhi [India], Union Minister Dr Jitendra Singh said India has produced over 40 quantum technology startups in 2 years, some of which are of global potential.Chairing a review meeting of the Department of Science and Technology in New Delhi on Saturday, he directed officials to focus on...

This is a massive increase of more than 100 percent from last week when startups secured nearly $98 million across 10 deals.Cleantech startups continue to lead the way, with EV startup Battery Smart raising $65 million led by LeapFrog Investments.The equity round saw participation from new...