Start-Ups

Recruitment Platform Expertia AI Raises $1.2 Million In Seed Funding

Recruitment Platform Expertia AI Raises $1.2 Million In Seed Funding

Press Trust of India | Monday April 18, 2022, New Delhi

Virtual recruitment platform Expertia AI has raised $1.2 million in seed funding led by Chiratae Ventures and Endiya Partners

IT, Healthcare, Education Sectors Lead In Number Of Recognised Start-Ups

IT, Healthcare, Education Sectors Lead In Number Of Recognised Start-Ups

Reported by Animesh Singh | Wednesday April 13, 2022

According to official data of Commerce Ministry, recognised start-ups have risen from just 726 in 2016-17 to 66,810 in 2021-22 (till March 28, 2022)

10 Years Time For Converting Debt Investment Into Equity For Startups, Says Government

10 Years Time For Converting Debt Investment Into Equity For Startups, Says Government

Press Trust of India | Sunday March 20, 2022, New Delhi

The government has extended the timeline up to ten years for startups to convert debt investments made in the company into equity shares.

Blockchain Start-Up ConsenSys Valuation More Than Doubles To Over $7 Billion

Blockchain Start-Up ConsenSys Valuation More Than Doubles To Over $7 Billion

Reuters | Thursday March 17, 2022

Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7 billion after its latest funding round that included investments from SoftBank Vision Fund 2 and Microsoft.

After Paytm Flop Show, India Tightens IPO Valuation Scrutiny: Report

After Paytm Flop Show, India Tightens IPO Valuation Scrutiny: Report

Reuters | Friday March 11, 2022, NEW DELHI

India has tightened scrutiny of IPO-bound firms by questioning how key internal business metrics are used to arrive at valuations, unsettling bankers and companies which fear delays in listing plans, sources with direct knowledge told Reuters.

Start-Up Firms Growing In India, With 10% Being Added Every Year

Start-Up Firms Growing In India, With 10% Being Added Every Year

Press Trust of India | Tuesday February 22, 2022, (Eds: Adds inputs) Kolkata

The number of start-ups in the country is increasing significantly, with 10 per cent being added every year, an official said on Tuesday.

Agritech Startup Krishify Raises $3.5 Million For Business Expansion

Agritech Startup Krishify Raises $3.5 Million For Business Expansion

Edited by Rahul Karunakar | Tuesday February 22, 2022, New Delhi

Agritech startup Krishify said on Tuesday, it had raised a further $3.5 million from investors for business expansion across the country.

Government To Create Start-Up Equity Fund With 20% Limited Stake

Government To Create Start-Up Equity Fund With 20% Limited Stake

Edited by Animesh Singh | Sunday February 20, 2022, New Delhi

To provide additional capital support to entrepreneurs across the country, government will create an equity fund for start-ups

Centre Taking Significant Measures To Push Start-Up Ecosystem: Piyush Goyal

Centre Taking Significant Measures To Push Start-Up Ecosystem: Piyush Goyal

Press Trust of India | Friday January 21, 2022, New Delhi

The government is taking significant steps such as resolving the angel tax issue, simplification of tax procedures, and self-certification, in a bid to boost the startup ecosystem of the country, Commerce and Industry Minister Piyush Goyal said on Friday.

Swadeshi Jagran Manch Opposes Indian Unicorns' Direct Overseas Listing

Swadeshi Jagran Manch Opposes Indian Unicorns' Direct Overseas Listing

Press Trust of India | Sunday January 16, 2022, New Delhi

Ashwani Mahajan of SJM said that the argument that Indian capital markets lack depth has been shattered by highly successful IPOs of Zomato and PayTM

Mamaearth Parent Company Honasa Consumer Becomes First Unicorn Of 2022

Mamaearth Parent Company Honasa Consumer Becomes First Unicorn Of 2022

Press Trust of India | Saturday January 01, 2022

Honasa Consumer, which sells its products under the labels of Mamaearth, The Derma Co and House of Brands, said it has raised $52 million in the latest funding round led by Sequoia

India Displaces UK To Become Third Top Nation To Host Most Valued Unicorns

India Displaces UK To Become Third Top Nation To Host Most Valued Unicorns

Press Trust of India | Wednesday December 22, 2021, Mumbai

Adding 33 "unicorns" in a single year has helped India displace the UK to be third in the list of nations that are home to such enterprises

Here Are 5 Most Valued Start-Ups In India

Here Are 5 Most Valued Start-Ups In India

Edited by NDTV Business Desk | Tuesday December 21, 2021

Despite the global economic slowdown due to the Covid-19 pandemic, several Indian start-ups managed to beat the sentiment and have been successful.

Used-Car Platform CARS24 Raises $400 Million At Valuation Of $3.3 Billion

Used-Car Platform CARS24 Raises $400 Million At Valuation Of $3.3 Billion

Reuters | Monday December 20, 2021

India's CARS24 said on Monday it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

Ahead Of IPO, Ola Raises $500 Million Loan

Ahead Of IPO, Ola Raises $500 Million Loan

Reuters | Thursday December 16, 2021

Ola Chief Executive Officer Bhavish Aggarwal had said the company planned to go public in the first half of 2022.

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