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Indian ride-hailing giant Ola has raised $139 million at a valuation of about $7.3 billion, it said in a filing, ahead of its plans to file for an initial public offering early next year.   Mumbai -headquartered financial giant Edelweiss led the new investment tranche. IIFL, Siddhant Partners, Tejal Merchantile, Hero Enterprise also poured money, …

Indian ride-hailing startup Ola valued at $7.3 billion in new funding Read More »

Rs 135 crore under the Startup India Seed Fund Scheme, the skills development ministry said in response to a question in Lok Sabha.   The Startup : India Seed Fund Scheme (SISFS) has been implemented from April 1. 2021. Under the scheme, a corpus of Rs 945 crore will be spent over the next four …

Rs 135 crore under Startup India Seed Fund Scheme Read More »

Over the past five years, SaaS firms have doubled in India and are poised to reach $30 billion in revenue by 2025, a new report showed   Over the past five years, the number of software-as-a-service (SaaS) firms have doubled in India and the SaaS firms in the country are poised to reach $30 billion in revenue …

SaaS firms in India poised to reach $30 bn in sales by 2025: Report Read More »

Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch.   The San Francisco-headquartered startup has raised $50 million in its Series D financing …

HR tech startup Sense valued at $500 million in SoftBank Vision Fund 2-led funding Read More »

Chennai-based agritech start-up Veg Route on Tuesday announced the raising of $125,000 in pre-seed funding.   It will enable the start-up to strengthen its in-house technology team and expand to newer cities The funding round was led by Mohan K and Jai Kumar, Co-founders of city-based fintech Ippopay, Prabhu R, co-founder of M2P Fintech, and …

Agritech start-up Veg Route raises $125,000 in pre-seed funding Read More »

Parag Agrawal joins Satya Nadella of Microsoft Corp, Shantanu Narayen of Adobe Inc, Arvind Krishna of International Business Machines Corp and Sundar Pichai of Alphabet Inc among the highest-profile leaders of US firms from Indian origin.   Twitter Inc  on Monday became the latest Silicon Valley titan to appoint an Indian-born chief executive officer, joining …

Twitter’s New CEO Parag Agrawal Joins Club Of India-Born US Tech Captains Read More »

Gandhinagar: A startup summit will be organised in Ahmedabad as part of the Vibrant Gujarat Global Summit 2022 with the aim to bring together innovators, entrepreneurs and venture capitalists on one platform, officials said here on Monday.   The ‘Vibrant Gujarat Startup Summit’ will have budding and emerging startups, unicorns, funding agencies, incubators, industry leaders and …

Vibrant Gujarat startup summit to be held on January 9 Read More »

New Delhi : (India), November 25 (ANI/PNN): COVID 19 shook the business world drastically. The impact of lockdown was not limited to the common man, but it impacted the most to early-stage or small businesses.   It was tough for the small businesses to offer work from home and get the productivity going. Startup reporter, …

Startup Reporter releases list of Women Entrepreneurs of India & Businesses on the rise in 2021 Read More »