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  • upGrad sees 100% revenue growth since March FY20 Jan 08, 2021 11:27 AM IST

    upGrad sees 100% revenue growth since March FY20

    The company further forecasts ‘impacting careers of a million youth and working professionals in the next 18 months’.

  • The rise of Indian Unicorns in 2020 Jan 07, 2021 12:01 PM IST

    The rise of Indian Unicorns in 2020

  • Here's why this Chennai-born software engineer joined the fight against unethical practices of Google Jan 06, 2021 02:44 PM IST

    Here's why this Chennai-born software engineer joined the fight against unethical practices of Google

    Muthukumar is one of the 400 odd Google employees who have formed a union to promote workplace equity and ethical business practices.

  • Udaan in talks to raise $150-200 million from existing investors: Report Jan 06, 2021 02:41 PM IST

    Udaan in talks to raise $150-200 million from existing investors: Report

    This comes as Udaan managed to make a strong recovery from the impact of the COVID-19 pandemic which had affected almost 60 percent of its business during the lockdown.

  • Kyt raises $5 million in funding from Alpha Wave Incubation, others Jan 06, 2021 12:38 PM IST

    Kyt raises $5 million in funding from Alpha Wave Incubation, others

    The series A round also saw participation from Sequoia Capital India's Surge, January Capital, Titan Capital and other angel investors, a statement said.

  • BharatPe to raise over Rs 5,000 crore in debt funding in next 2 years, gets Rs 60 crore from Innoven Cap Jan 06, 2021 12:06 PM IST

    BharatPe to raise over Rs 5,000 crore in debt funding in next 2 years, gets Rs 60 crore from Innoven Cap

    The company further announced that it has received Rs 60 crore from Innoven Capital, a venture debt and specialty lending firm.

  • BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report Jan 05, 2021 03:15 PM IST

    BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report

    The first tranche of $100 million equity is targeted by March 2021

  • Zomato's losses swell to Rs 2,451 crore in FY20 Jan 04, 2021 05:16 PM IST

    Zomato's losses swell to Rs 2,451 crore in FY20

    Zomato's Rs 2,451 crore loss could be attributed to its Rs 2,485-crore acquisition of rival UberEats, the food delivery unit of cab hailing firm Uber, in January last year.

  • Cred raises $81 million from DST Partners, others at $800 million valuation, buys back ESOPs Jan 04, 2021 03:39 PM IST

    Cred raises $81 million from DST Partners, others at $800 million valuation, buys back ESOPs

    Existing investors such as Sequoia Capital, Ribbit Capital, Tiger Global, General Catalyst also participated in the round. New investors include hedge fund Coatue Management and Satyan Gajwani, Vice Chairman of Times Internet.

  • May the new year be that of startup IPOs Dec 30, 2020 12:33 PM IST

    May the new year be that of startup IPOs

    With all the disclaimers that apply to predictions for a year that’s coming after a year of Coronavirus, here’s wishing that 2021 will be the year when Indian startups will finally go public. 

  • The human story of an AI startup Dec 30, 2020 08:59 AM IST

    The human story of an AI startup

    Mihup, the conversational AI platform, is one of India’s promising start-ups, and received Rs 11 crore in a latest round of funding in December. But the roots of this advanced tech company are in human relationships.

  • Spacetech startup Skyroot Aerospace successfully test-fires solid propulsion rocket stage Kalam-5 Dec 29, 2020 04:55 PM IST

    Spacetech startup Skyroot Aerospace successfully test-fires solid propulsion rocket stage Kalam-5

    Kalam-5 is the first of five Kalam series of solid rocket motors, while the rest four are expected to be tested next year.

  • Agri-tech startup Aqgromalin raises Rs 2 crore from angel investors Dec 28, 2020 07:56 PM IST

    Agri-tech startup Aqgromalin raises Rs 2 crore from angel investors

    The company aims to utilise the capital in setting up 500 micro-farms in the states of Tamil Nadu, Telangana, and Andhra Pradesh, it said in a statement.

  • Govt's push for GST compliance is boon for tax consultants: Startup Dec 28, 2020 08:20 AM IST

    Govt's push for GST compliance is boon for tax consultants: Startup

    The startup, GST Dost, estimates the total value of GST and related services to be over Rs 12,000 crore.

  • MC ExpertEye | Will 2021 be the year when Indian startups head to stock exchanges? Dec 25, 2020 11:03 AM IST

    MC ExpertEye | Will 2021 be the year when Indian startups head to stock exchanges?

    The disruptions brought by the coronavirus outbreak forced startups to rethink the way they do business. Will these companies focus more on profitability and go public in the new year? Read on

  • DPIIT to organise global summit on startups on January 15-16 Dec 23, 2020 03:22 PM IST

    DPIIT to organise global summit on startups on January 15-16

    Startups from Asian countries, domestic players and global entrepreneurs would participate in the virtual summit, the official in the Department for Promotion of Industry and Internal Trade (DPIIT) said.

  • Glance raises $145 million from Google, Mithril Capital Dec 22, 2020 12:41 PM IST

    Glance raises $145 million from Google, Mithril Capital

    In September last year, Glance had raised USD 45 million (over Rs 323 crore) in funding from Austin-based Mithril Capital, and the latest round takes the total fund raising by Glance to USD 190 million.

  • India Accelerator, Haryana government join hands to build startup ecosystem in the state Dec 21, 2020 04:41 PM IST

    India Accelerator, Haryana government join hands to build startup ecosystem in the state

    India Accelerator said it is aiming to provide support to the startups registered with Startup Haryana for free, and quip the community of young entrepreneurs with the knowledge, mentorship, and connections.

  • Last week in startup funding: Saas continues to be hot, with fintech and consumer companies getting more VC money Dec 19, 2020 11:01 AM IST

    Last week in startup funding: Saas continues to be hot, with fintech and consumer companies getting more VC money

    With the year closing, many startups are preparing for a big leap in 2021, hoping to make up for lost growth this year. Big bang Series B rounds were reported in the days between Dec 11 and 17,2020

  • Zomato raises $660 million at a valuation of $3.9 billion Dec 18, 2020 10:03 PM IST

    Zomato raises $660 million at a valuation of $3.9 billion

    Ten new investors, including Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview, participated in the funding round, founder Deepinder Goyal annonced on the microblogging site Twitter.

  • As small businesses digitise, startups in this space see new business opportunities Dec 18, 2020 12:56 PM IST

    As small businesses digitise, startups in this space see new business opportunities

    OkCredit, Khatabook and Vyapar are seeing traction return on their platforms as the economy recovers from the disruption caused by Covid and the lockdown

  • Meet the two 20-year-old Indian-origin AI startup founders who've turned investor darlings Dec 17, 2020 02:53 PM IST

    Meet the two 20-year-old Indian-origin AI startup founders who've turned investor darlings

    Rejected by about 1,000 investors after they founded Vise at 16, Samir Vasavada and Runik Mehrotra have lived to tell their tale— their AI-enabled investment management firm recently secured Series B funding of $45 million.

  • Will 2021 be the year of super apps? Dec 17, 2020 01:20 PM IST

    Will 2021 be the year of super apps?

    This year saw many startups broaden their service bouquet and large players march into the superapp battlezone. While on one side there is Paytm and PhonePe, on the other there are players such as Amazon and WhatsApp. And to make matters more interesting, Reliance and Tata have thrown their hats into the ring. So, 2021 could mark the beginning of a fight for the largest share of the pie.

  • Exclusive: It’s party time for Zomato, ahead of potential IPO Dec 16, 2020 12:31 PM IST

    Exclusive: It’s party time for Zomato, ahead of potential IPO

    Zomato, which is currently running a pilot in the National Capital Region, is hoping to cash in on people’s preference to party at home instead of going to public places. The food-delivery company has tied up with three- and four-wheeler service providers to make deliveries since bike riders cannot handle bulk packages.

  • Banking tech startups find new business opportunities as banks digitise systems rapidly Dec 16, 2020 08:32 AM IST

    Banking tech startups find new business opportunities as banks digitise systems rapidly

    Technology companies are reaping benefits as banks look for quick deployment of technology solutions to take their physical processes digital, accelerated by social distancing mandated by COVID-19.

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