Deals worth more than $120 million struck in April alone, as investors look to make the most of soft valuations and a bigger shift towards tech in the post-COVID-19 world.
Does merely sounding fast give a company a boon? Or has Zoom’s monsoon ruined the sonic opportune?
Struggling to survive the lockdown, startups have been left scrambling for funds as investors pull out at the last moment.
The Bengaluru-based digital payments platform hopes to be profitable this year, says CEO Sampad Swain
In a blog post shared on its website, Swiggy co-founder Sriharsha Majety said Jaimini will continue to be a shareholder and board member at the food delivery major.
A slew of other startups such as Shiprocket, JustMyRoots, and Ninjacart also ventured in to delivering essentials.
Founded by 18-year-old Arjun Deshpande, the company follows an aggregation model and sells drugs to small pharma retailers at a cheaper rate.
SpiderG and Paperking are trying to digitise collection systems for newspaper vendors, small gyms, coaching classes and many others.
In a virtual town hall, top industry officials stress on the need to prepare for a post- Covid19 world.
The funding will help the startup expand operations in the USA and South East Asia.
The centre in Chennai will work on location intelligence, as the company wants to streamline grocery supplies, setting up of virtual shops.
Jain’s mandate will be to onboard 10 million merchants this year.
The changes that require the government's approval for Chinese investments have put in doubt dozens of new investments and top-ups.
Ola restarted operations across almost 50 percent of its total operational cities. Uber is now plying across 23 cities.
The company said that these decisions were taken to ensure long-term viability of the business.
Xoogler pumps in between $100,000 and $200,000 into early stage ventures started by ex-Google executives.
The biggest learning from the lockdown is 'do more from less and be lean', says Bansal
Apna Mask initiative -- an effort by StartUpVsCOVID (a startup community with over 1,000 members) -- is promoting homemade masks and aims to drive behavioural change to ensure that people wear masks and stay protected as they step out of their homes.
Only two passengers and a driver allowed, same for taxis.
The lockdown that was to end on May 3 extended by two weeks.
IMPS sees a 43% decline, UPI 17% and FAS Tag collections are down 90%, NPCI data shows.
Like most lenders, Aye has stopped fresh disbursements due to the COVID-19 outbreak.
There are about 450 active agri-startups in India. Many of them are already working to solve the problems at hand, the study added.
A huge jump in orders for protective equipment from hospitals, state governments and corporates keeps business going for these companies.
In a letter to commerce minister Piyush Goyal, startups have called for a relook at recent changes made to FDI rules.