Startups Market

Indian digital lending startup EarlySalary is in talks to raise $110 million in a round led by private equity firm TPG, a source with direct knowledge of the matter told

Nuri, a German startup crypto bank, yesterday evening announced that it had filed for insolvency after what it calls a “lasting strain” on its business liquidity due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”

Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations.

Nykaa reported a 33.2 percent rise in first-quarter net profit on Friday, boosted by strong demand for its fashion products. Unlike many other startups, Nykaa has already achieved profitability.

Japan's SoftBank Investment Advisers and US-based JP Morgan hosted a meeting between large mutual fund houses and 10 unicorns, including Swiggy, and Unacademy, which are keen on going public within 3 years, sources said.

Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management and liquidity solutions to businesses in the United States and Latin America.

India in its 75th year of Independence is now home to as many as 75,000 startups, union minister Piyush Goyal said on Wednesday.

The ongoing crypto winter has not affected venture capitalist’s appetite for investing in digital currency and blockchain startups, according to data from Pitchbook. The ongoing investment in these firms in on the path to top the record $26.9 billion (roughly Rs. 2,14,630 crore) raised last year, and the data suggests a solid faith in the future...

Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.

Tragedy struck the lives of Akash Mhaske and Aditya Kirtane in mid-2020 amid the COVID-19-induced lockdown.

The total number of recognised startups in India rose from 471 in 2016 to 72,993 as on 30th June 2022, helped by proactive government interventions, Minister of State for Commerce and Industry Som Parkash said on Friday.

Tesla is expected to report a hit in earnings on Wednesday, after the strain of the ongoing coronavirus pandemic that led to lockdowns in China and protracted startups of new EV factories. The company has already begun laying off employees amid a fall in market value and rising competition from other electric vehicle manufacturers, and analysts say...

ndian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15 per cent or even 25per cent lower

The crypto-company is focusing on blockchain startups and is actively monitoring India’s Web 3.0 and blockchain markets.

Funding in startups dropped by 17 per cent on quarter-on-quarter basis to $6 billion (about Rs 47,800 crore) in the April-June period, industry body Nasscom has said.

Indian digital lending startup EarlySalary is in talks to raise $110 million in a round led by private equity firm TPG, a source with direct knowledge of the matter told

Nuri, a German startup crypto bank, yesterday evening announced that it had filed for insolvency after what it calls a “lasting strain” on its business liquidity due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”

Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations.

Nykaa reported a 33.2 percent rise in first-quarter net profit on Friday, boosted by strong demand for its fashion products. Unlike many other startups, Nykaa has already achieved profitability.

Japan's SoftBank Investment Advisers and US-based JP Morgan hosted a meeting between large mutual fund houses and 10 unicorns, including Swiggy, and Unacademy, which are keen on going public within 3 years, sources said.

Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management and liquidity solutions to businesses in the United States and Latin America.

India in its 75th year of Independence is now home to as many as 75,000 startups, union minister Piyush Goyal said on Wednesday.

The ongoing crypto winter has not affected venture capitalist’s appetite for investing in digital currency and blockchain startups, according to data from Pitchbook. The ongoing investment in these firms in on the path to top the record $26.9 billion (roughly Rs. 2,14,630 crore) raised last year, and the data suggests a solid faith in the future...

Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.

Tragedy struck the lives of Akash Mhaske and Aditya Kirtane in mid-2020 amid the COVID-19-induced lockdown.

The total number of recognised startups in India rose from 471 in 2016 to 72,993 as on 30th June 2022, helped by proactive government interventions, Minister of State for Commerce and Industry Som Parkash said on Friday.

Tesla is expected to report a hit in earnings on Wednesday, after the strain of the ongoing coronavirus pandemic that led to lockdowns in China and protracted startups of new EV factories. The company has already begun laying off employees amid a fall in market value and rising competition from other electric vehicle manufacturers, and analysts say...

ndian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15 per cent or even 25per cent lower

The crypto-company is focusing on blockchain startups and is actively monitoring India’s Web 3.0 and blockchain markets.

Funding in startups dropped by 17 per cent on quarter-on-quarter basis to $6 billion (about Rs 47,800 crore) in the April-June period, industry body Nasscom has said.