Advertisements Gardening-focused hyperlocal marketplace Urvann has raised Rs.3 crore in a seed round led by the angel investment platform, Inflection Point Ventures (IPV). The funds raised will be utilized for the expansion of operations across the country. Founded by IIM-Ahmedabad… Read More ›
Startup
Investment Themes That Continue to Gain Traction for Venture Capitalists
Advertisements The Indian government’s budget for 2014-15 is clearly an investor-friendly one with a slew of provisions and funds earmarked for start-ups in India. Also, a start-up fund worth Rs 10,000 crore is being mulled by the government. The beneficiary companies are… Read More ›
Rewards Driven Health Tech hav. Raises USD 400K In A Round Led By US-Based VC StartUp Health
Advertisements Rewards based health tech platform hav., which has been operating in stealth mode has announced the launch of its operations formally. The company has raised $400,000 in a round led by US-based VC StartUp Health. The round also saw… Read More ›
Commercial EV Startup Turno Comes Out Of Stealth Mode With 75% Percent Market Share; Raises USD 3.1 Mn
Advertisements Turno, a first-of-its kind startup in the commercial EV segment that has been operating in stealth mode since April 2022, has announced that it has raised USD 3.1 million in new equity financing. The investment was led by Stellaris… Read More ›
Web3 Based Startup Fitmint Raises USD 1.6 Mn In Seed Funding
Advertisements In its maiden fundraising round, Bengaluru-based Move-to-Earn (rewarding users for engaging in physical exercises) startup Fitmint has announced raising seed funding of US$ 1.6 Million from multiple VCs and institutional investors. This seed fundraising round was led by renowned… Read More ›
Byju’s Offers To Buy US-Listed Edtech Firm 2U For Over USD 1 Bn
Advertisements Online-education provider Byju’s has offered to buy 2U in a cash deal that values the US-listed edtech company at over $1 billion, a person familiar with the matter said.Byju’s made the offer of about $15 a share to 2U’s… Read More ›
50K Startup Workers Stare At Job Loss As India Preps For 200 New Unicorns
Advertisements As startups in India keep firing their staff to navigate through the ‘funding winter’ and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to welcome 200 unicorns in the next four years. As… Read More ›
Hurun Says 122 More Indian Startups Can Become Unicorns In 4 Years
Advertisements Despite the ongoing ‘funding winter’ which can impact start-up valuations, the number of unicorns or startups valued at over USD 1 billion will grow by 122 to cross the 200 companies mark in the next four years, a report… Read More ›
BYJU’s Cuts 600 Jobs Across Toppr, WhiteHat Jr
Advertisements In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU’s has cut at least 600 jobs — asking 300 employees at its Toppr learning platform and another 300 at coding platform WhiteHat Jrto go…. Read More ›
Is Investing In Startups An Asset Class Or A Fad?
Advertisements By Nandini Mansinghka, CEO & Co-Founder of Mumbai Angels Amidst all the fanfare and the escalating buzz around the success of startups, the Indian startup ecosystem is witnessing a welcoming transition with regard to the investor mindset, a fundamentally… Read More ›