Silicon Valley tech workers have long been regarded as liberal but not politically overactive. Now many startup workers, who have been sold on a mission of changing the world, expect their employers to support their social and political causes
'Next year for sure, is what Tesla CEO Elon Musk's reply was to a tweet asking about the global electric vehicle maker's entry into India. Jay Vijayan, Musk's former colleague at Tesla and CEO of Tekion, is however, a little conservative.
What makes four-year-old automotive retail cloud platform, which became a unicorn last week after raising $150 million, tick? Read on to find out
Summarising healthcare startup investing trends from the third quarter of 2020
"A cohort of 15 innovators will be selected for the immersion support and winners at the end of the program will receive cash prize of up to Rs 3.5 lakh," NGO Family Planning Association of India (FPAI) and social enterprise Villgro Innovations Foundation said in the statement.
This happens even as the e-tailers including Flipkart and Amazon are estimated to have sold goods worth $4.8 billion during the festive sale, which went on for six days
The COVID-19 pandemic has also served as a catalyst to this space, as consumers were forced to ditch offline stores and order most things online. Indian D2C brands have raised about $1.5 billion in capital, with valuations of $12-15 billion in total.
Series C financing (also known as Series C round) is one of the stages in the capital-raising process by a start-up.
While many American workers can get by with a laptop and an internet connection, startup engineers piecing together new kinds of hardware also need circuit boards, car parts, soldering irons, microscopes and, at the end of it all, an assembly line
The Bengaluru-based Dukaan said as many as 13 other marquee angel investors also participated in the funding round, including the founder of Network18 & CEO of Viacom18 Haresh Chawla, founder of Weekend Fund & Product Hunt, Ryan Hoover; Jitendra Gupta, the founder of Jupiter; Shashank Kumar of Razorpay; Freecharge founder Sandeep Tandon, among others.
Mamaearth's valuation set to triple in barely a year, as the pandemic has boosted digital-first brands
Indian startups had a great last week as several early and growth-stage deals were announced.
While there has undoubtedly been some impact, deals - small and large - have not stopped.
About 145 current and former employees are expected to exercise their options to sell their Employee Stock Option Plans, given to early employees who join a startup as part of their salary.
While around 40 percent of startups were negatively impacted, 15 percent of startups were forced to discontinue operations due to the COVID-19 pandemic between March to June 2020, says TiE-Zinnov report
The option is available for electronic accessories and home and lifestyle products but large appliances can't be booked. Snapdeal has done a survey to know what consumers want.
When Sibasish Mishra started Bookingjini, a software-as-a-service provider to hotels, in Bhubaneshwar in 2016, it looked like a strange choice. But now, its services are availed by 500 hotels in 5 states alone, and it has raised Rs 6 crore so far. An investor told Mishra: “I don’t know about your product, but your conviction to build it from Bhubaneswar had us sold.”
Whether, it is a game of skill or a game of chance has long been debated. This question has reached till the Supreme Court and the top court has suspending legal proceedings for now. It is legal in most states. So, play and enjoy. If you’re lucky, you can get richer by Rs 1 cr.
The company announces unicorn status on October 12. GIC, Sequoia India among investors. A 300 percent growth over the last six months, even during COVID times, one of its extraordinary achievements. Rivals say startups are eager to work with Razorpay.
The investment will value Mindtickle at $500-600 million, double the $250 million it was valued at in July last year, when Norwest Venture Partners led a $40 million round.
Cred was last valued at $450 million in August 2019 when it raised $120 million in Series A round.
Eruditus started in 2010 and did not raise money for 6 years. Raising money this late, and raising money at all, changed the company's fortunes. How and why did it happen?
Winuall wants to digitise the home-tuition market by enabling online classes for small-coaching centres.
While the winning startups will get a cash prize of Rs 5 lakh, the incubators and accelerators will get Rs 15 lakh as the winning amount. Some of the categories awarded included finance, security, tourism and space.