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Simple Energy raises USD 20 mn from investors
Wed, Feb 08, 2023
Electric vehicle startup Simple Energy on Tuesday announced raising USD 20 million (about Rs 165 crore) from a clutch of investors as a part of its ongoing Bridge round.
Budget 2023: FM Nirmala Sitharaman announces package for "Vishwakarma" artisans; move to integrate them with MSME value chain
Wed, Feb 01, 2023
PM Vishwa Karma Kaushal Samman - package of assistance for traditional artisans and craftspeople has been conceptualized, will enable them to improve quality, scale and reach of their products, integrating with MSME value chain," Sitharaman said
Inception meeting of Startup20 concludes in Hyderabad
Wed, Feb 01, 2023
The inception meeting of Startup20, a new Engagement group initiated under India's G20 presidency, was concluded in Hyderabad, an official statement said on Tuesday.
Budget 2023 Expectation: Will govt hike Rs 6000 assistance under PM-KISAN?
Mon, Jan 30, 2023
Budget 2023 Expectation: The government should in this year's Budget enhance cash assistance given to farmers under the PM-KISAN scheme from the current Rs 6,000 per year for purchase of crop inputs, provide tax incentives to agritech startups and cut import duties on agrochemicals, according to industry experts.
Piyush Goyal calls for creation of network of mentors, investors, entrepreneurs to strengthen start-up ecosystem
Sat, Jan 28, 2023
Observing that innovation would be the strongest pillar that would help build a developed India in the 'Amritkaal', Goyal said innovation has been a catalytic force for the economy and social and public good.
Bengal trade body organises startup funding pitch event
Fri, Jan 27, 2023
The Confederation of West Bengal Trade Association (CWBTA) hosted a funding pitch event on Thursday for 97 startups offering solutions to various sectors before 100-odd investors at the Bengal Global Trade Expo.
Startup 20 group to holds its inception meeting in Hyderabad on Jan 28
Thu, Jan 26, 2023
Startup 20 Engagement Group, set up under India's G20 presidency, will deliberate on policy recommendations on entrepreneurship and innovation during its meeting in Hyderabad next week, the commerce and industry ministry said on Wednesday.
Proptech startup Landeed raises USD 8.3 million
Wed, Jan 25, 2023
The latest funding round witnessed the participation of investors led by Draper Associates, Y Combinator, and Bayhouse Capital, it said in a statement.
Doorstep fuel delivery startup FuelBuddy raises $20 million
Tue, Jan 24, 2023
Doorstep fuel delivery startup FuelBuddy on Monday said it has raised $20 million (more than Rs 160 crore) from investors.
Textile entrepreneurs hope for better stability with reduction in freight charges, cotton prices
Sun, Jan 22, 2023
Textile entrepreneurs have discussed key issues to bring in stability in the sector eyeing a reduction in cotton prices and freight charges, an industry official has said.
Govt increases remunerations of IP facilitators for startups
Fri, Jan 20, 2023
The government has significantly raised remunerations for intellectual property (IP) facilitators, who help startups file patents, trademarks and design applications, an official said on Thursday.
KSUM recognised as Asia's leading performer in promoting talent
Wed, Jan 18, 2023
Kerala Chief Minister Pinarayi Vijayan on Tuesday said that the southern state's startup mission, KSUM, has been recognised as Asia's leading performer in promoting talent.
Ratan Tata-backed Repos expects to grow three-fold this fiscal to Rs 185 cr; raise Rs 300 cr
Mon, Jan 16, 2023
Repos Energy founder and CVO Aditi Bhosale Walunj told PTI at the Auto Expo 2023 that the company is in the process of raising Rs 300 crore to fund expansion of business across India as well as a platform to offer carbon-neutral fuels such as ethanol and electric vehicle chargers.
Unacademy-run edtech platform Relevel lays off 40 employees
Fri, Jan 13, 2023
In an internal memo, Gaurav Munjal, Unacademy's Co-Founder and CEO, said that almost 80 per cent of Relevel's remaining team will be absorbed by other businesses of Unacademy Group.
Indian startup funding dropped by 33%, may become normal after 2-3 quarters
Thu, Jan 12, 2023
Funding for the Indian startups in CY22 was nearly $24 billion, a drop of 33 per cent in comparison to CY21 but was still more than twice the funds raised in CY20 and CY19 each, a report showed on Wednesday.
With $10.8 bn, Bengaluru top city on startup funding in 2022
Wed, Jan 11, 2023
Startups based in Delhi and Chennai registered $1.2 billion each in funding, followed by Pune at $1 billion, according to data provided by Tracxn, a leading global market intelligence platform.
Google backs Indian agritech startup Cropin in its Rs 113 cr funding
Tue, Jan 10, 2023
With the support of this funding round, Cropin will be able to further invest in its go-to-market efforts and expand the platform's capabilities, including developing next-generation predictive intelligence solutions through Cropin AI Labs.
Agri-startup Varshney Hydrofarms looks to expand presence in Mumbai, Bengaluru
Mon, Jan 09, 2023
After 13 years of experience in product management and supply chain restructuring, Chandan Varshney -- co-founder of OnlyHydroponics (Varshney Hydrofarms Pvt Ltd) -- decided to innovate in farming.
India's startup economy stares at deepening funding winter in 2023
Sat, Jan 07, 2023
Indian startups, which saw a massive 35 per cent drop in funding in 2022 -- from $37.2 billion in 2021 to $24.7 billion (till November) -- are bracing themselves for a deepening funding winter in 2023 as recession fears loom.
ISRO, Microsoft join hands to empower spacetech startups in India
Fri, Jan 06, 2023
Through this tie-up, the space tech startups identified by ISRO will be on-boarded onto the aMicrosoft for Startups Founders Hub` platform, that supports startups at every stage of their journey-from idea to unicorn.