Encouraging the youth to become job creators, PM Modi said in a country with high young population, three attributes, namely, ideas and innovation, passion to take risks and can-do spirit were the three things that created success stories. The government of India earlier started a flagship programme known as Startup India to help create …
PM Modi lauds growth of start ups in India on Mann Ki Baat Read More »
India’s epic and unprecented startup funding boom has birthed unicorns, minted millionaires and taken companies public at record valuations. In the process though, founders are getting burnt out, employees are veering towards fraud and insecurity is driving people to the dark side. Moneycontrol takes a look. Chaitanya Ramalingegowda Chaitanya Ramalingegowda feels nothing. His company, …
Rash decisions, insecurity and burnout: The dark side of India’s startup funding boom Read More »
An Indian startup that is improving the way millions of people in the nation lease or buy an apartment is the latest firm to become a unicorn in the South Asian market. Bangalore Based Bangalore-based NoBroker has raised $210 million in its Series E financing round, its founders told TechCrunch in an interview. Tiger Global and …
NoBroker becomes India’s first realty startup unicorn Read More »
The funding was raised as part of the firm’s Series B funding round led by Falcon Edge Capital’s growth stage platform, Alpha Wave Ventures, at a valuation of around $1.2 billion. Indian startup Mensa Brands, which buys stakes in digital brands, raised $135 million at a valuation of around $1.2 billion, it said on …
Mensa Brands races to unicorn status in just six months. Read More »
Huge opportunities exist for Korean investors in India’s startup ecosystem and both the countries need to increase collaboration in sectors such as automobile, textiles, food processing, and chemicals to enhance economic ties, Commerce and Industry Minister Piyush Goyal said on Friday. The minister also invited Korean businesses to invest in India. Korean investors “Korean …
Huge opportunities for Korean firms in India’s startup ecosystem: Piyush Goyal Read More »
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on Sunday they have raised $60 million to disrupt India’s overcrowded and highly-competitive grocery delivery market. Zepto’s first institutional Glade Brook Capital led Zepto’s …
Zepto, a 10-minute grocery delivery app in India, raises $60 million Read More »
Full-stack agri-tech platform DeHaat has raised $115 million in its Series D round, led by Belgium-based investment firm Sofina and Lightrock India. Singapore government Singapore government investment fund Temasek also co-invested in the round with participation from existing investors, Prosus, RTP Global, Sequoia Capital India and FMO, a senior company executive said. The Delhi-based …
Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock India Read More »
A man who started his career as a taxi driver has come up with a Digital Based Transportation Company to address the perils of drivers as well as give the much-needed relief to people in Goa. Spare a few minutes to know more about his initiative. The beginning Goa-based 29-year old Uttkarsh Mokatkar had …
FarMart, an agri-focused SaaS startup, will use the funding to expand its distribution network across the country, scale product capabilities and grow the team. The company had in June raised $2.4 million in a pre-Series A round. Farmart FarMart, a software-as-a-service-led food supply platform, has raised $10 million in a funding round led by …
FarMart gets $10-million funding from Matrix Partners India, others Read More »
A Delhi-based bootstrap startup has managed to record a whooping Rs. 2.5 crore turnover in just 1.5 years of its inception by selling home care products of excellent quality. Spare a few minutes to know more about it.. About Lyzene Under the brand name of Lyzene, Amass Hygiene Wash Care Products Pvt. Ltd. was established …
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