Start-Ups

Rush To Market Or Build In Haste? EV Startup Creatara Mobility At IIT-Delhi Holds Secret

Rush To Market Or Build In Haste? EV Startup Creatara Mobility At IIT-Delhi Holds Secret

Written by Debanish Achom | Saturday April 15, 2023, New Delhi

Creatara Mobility, a bootstrap venture started by two engineers, is nowhere on the map amid hard funding times made even more difficult by the pandemic. But they have a secret - do not rush to the market, perfect the product first.

Birth Of New Unicorns Drop By Nearly Half This Year: Report

Birth Of New Unicorns Drop By Nearly Half This Year: Report

Edited by Rahul Karunakar | Tuesday December 27, 2022

The numbers of unicorns have shrunk by nearly 50 per cent amid looming fears of recession.

Abans Holdings Shares Climb Over 1% On NSE In A Tepid Debut

Abans Holdings Shares Climb Over 1% On NSE In A Tepid Debut

Press Trust of India | Friday December 23, 2022, New Delhi

Shares of Abans Holdings, the financial services arm of the Abans Group, made a muted market debut.

Is Paytm, Infosys Buyback Plan In Line With Shareholders' Interests?

Is Paytm, Infosys Buyback Plan In Line With Shareholders' Interests?

Equitymaster | Friday December 16, 2022

So far this year, 51 companies have announced buybacks worth Rs 375.2 billion.

Success Rate Of Start-Ups In India Relatively Higher Than Rest Of World: Commerce Minister

Success Rate Of Start-Ups In India Relatively Higher Than Rest Of World: Commerce Minister

Press Trust of India | Wednesday December 14, 2022, New Delhi

The number of recognised startups has increased from 452 in 2016 to 84,012 as on November 30, 2022, the Minister said.

China Unrest Rattles Global Markets As Protests Hurt Growth Outlook

China Unrest Rattles Global Markets As Protests Hurt Growth Outlook

Tian Chen, Bloomberg | Monday November 28, 2022

Safe haven assets found buyers while stocks and commodities took a hit as the impact of the protests in China rippled across the globe.

Zerodha's CEO Nithin Kamath Says Entrepreneurship Is "The Only Way We Can Get To $5 Trillion+"

Zerodha's CEO Nithin Kamath Says Entrepreneurship Is "The Only Way We Can Get To $5 Trillion+"

Edited by Rahul Karunakar | Monday November 28, 2022

In the last year alone, 44 Indian companies joined the unicorn club.

IPO-Bound OYO Hotels Reports A Smaller Loss In September Quarter

IPO-Bound OYO Hotels Reports A Smaller Loss In September Quarter

Edited by Rahul Karunakar | Monday November 28, 2022

Oyo Hotels and Homes Pvt Ltd reported a smaller loss for the July-September period compared to the prior quarter.

Now, Order From Multiple Restaurants On A Single Bill

Now, Order From Multiple Restaurants On A Single Bill

Press Trust of India | Wednesday October 19, 2022, Thiruvananthapuram

A trio of entrepreneurs has launched an online portal through which customers can order food of their choice from multiple restaurants on a single bill and get the same picked up at designated locations.

BigBasket Set To Raise $200 Million At Up To $3.5 Billion Valuation: Report

BigBasket Set To Raise $200 Million At Up To $3.5 Billion Valuation: Report

Reuters | Tuesday September 27, 2022

Tata Group-backed BigBasket has initiated a fresh round of funding that could value the online grocery startup at around $3.5 billion, a report showed.

Byju's Posts Gross Revenue Of Rs 100 Billion In 2021-22

Byju's Posts Gross Revenue Of Rs 100 Billion In 2021-22

Reuters | Wednesday September 14, 2022, BENGALURU

Tiger Global-backed edtech startup Byju's on Wednesday reported gross revenue of nearly 100 billion rupees ($1.26 billion) in fiscal year 2022, after posting a revenue of 24.28 billion rupees in the previous year.

India Has 100 Unicorns With A Value At $250 Billion: Nirmala Sitharaman

India Has 100 Unicorns With A Value At $250 Billion: Nirmala Sitharaman

Press Trust of India | Sunday September 11, 2022, Chennai

India was home for over one hundred unicorns with a total value of USD 250 billion which have managed to raise over USD 63 billion in the last few years, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said here on Saturday.

Why India Is A Start-up And Unicorn Hub

Why India Is A Start-up And Unicorn Hub

Asian News International | Monday September 05, 2022, New Delhi

Iconic monuments, a heritage trade route that once fueled the world's economic corridors, and a country that gave the world jugaad - the most important lesson on entrepreneurship.

IntrCity SmartBus To Raise $20-30 Million By This Year-End

IntrCity SmartBus To Raise $20-30 Million By This Year-End

Press Trust of India | Tuesday August 30, 2022, Mumbai

Nandan Nilekani-backed intercity mobility startup IntrCity SmartBus is looking to raise USD 20-30 million funds by the end of this year to drive its future growth plans, its co-founder Kapil Raizada has said.

MS Dhoni-Backed Drone Firm To Provide Expertise To Indian Army

MS Dhoni-Backed Drone Firm To Provide Expertise To Indian Army

Asian News International | Thursday August 25, 2022, New Delhi

Drone manufacturer Garuda Aerospace is all set to provide expertise to the Indian Army for carrying out special missions by detecting, deterring, and disrupting transnational organized criminal networks.