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Start-ups

Sarvam AI raises $41 million from Lightspeed Ventures, others

Sarvam AI raises $41 million from Lightspeed Ventures, others

Thu, Dec 07, 2023

Artificial intelligence technology startup Sarvam AI said it raised USD 41 million, about Rs 342 crore, in a funding round led by Lightspeed Ventures. Peak XV Partners and Khosla Ventures also participated in the funding round.

Tech firms & startups sack about 2.5 lakh employees so far in 2023

Tech firms & startups sack about 2.5 lakh employees so far in 2023

Sat, Nov 11, 2023

Nearly 2.5 lakh employees have been laid off so far this year in the global technology and startup sector, as the tech layoffs continue unabated for the past two years.

Budget 2023: Govt likely to introduce measures to strengthen start-up ecosystem

Budget 2023: Govt likely to introduce measures to strengthen start-up ecosystem

Thu, Jan 26, 2023

Union Budget 2023: The government has already taken a series of steps to promote startups in the country, which include schemes like the Startup India initiative, the Fund of Funds for Startups (FFS) scheme etc.

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Sports start-up Rooter raises funding from Intex Technologies

Sports start-up Rooter raises funding from Intex Technologies

Tue, Mar 28, 2017

Rooter is a digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis during sports events.

VC investment in bitcoin, blockchain start-ups slow down in 2016

VC investment in bitcoin, blockchain start-ups slow down in 2016

Wed, Mar 15, 2017

The total dollar amount of financing where smart money investors participated fell from approximately $295 million in 2015 to $212 million in 2016

Will Amazon succeed in the online grocery business where other start-ups have failed?

Will Amazon succeed in the online grocery business where other start-ups have failed?

Tue, Mar 14, 2017

Recently Amazon Pantry extended its reach by setting its business operations in Chennai.

Investors now want to seed Agriculture start-ups to reap rewards

Investors now want to seed Agriculture start-ups to reap rewards

Tue, Mar 14, 2017

Even with an uptick in investment in these start-ups, the number of deals has dropped to 68 from 70 in 2015.

New VCs globally making first-time investments reaches record levels in 2016

New VCs globally making first-time investments reaches record levels in 2016

Mon, Mar 13, 2017

There were 107 new corporate VC units globally that made their first investment in 2016.

Are digital payments start-ups heading the merger and acquisition way in 2017?

Are digital payments start-ups heading the merger and acquisition way in 2017?

Fri, Feb 24, 2017

It is not only Freecharge that may be acquired pretty soon, there are others in the digital payments system that choose to merge or be acquired due to the tough competition.

Less than 2% startups reach the coveted 'unicorn' status

Less than 2% startups reach the coveted 'unicorn' status

Fri, Feb 24, 2017

What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.

Koch Equities completes investment of over $2 billion in Infor

Koch Equities completes investment of over $2 billion in Infor

Wed, Feb 22, 2017

The company said the investment will be used to accelerate innovation, expand distribution, and continue disrupting the enterprise applications industry.

Looking at becoming anchor clients in some fintech start-ups: Ram Gopal, Barclays India

Looking at becoming anchor clients in some fintech start-ups: Ram Gopal, Barclays India

Wed, Feb 22, 2017

Ram Gopal, Chief Operating Officer, Barclays India spoke regarding the Rise Accelerator, the 11 start-ups that they picked initially, investment into them and other plans ahead.

Tech start-ups in Silicon Valley see a decline in hiring

Tech start-ups in Silicon Valley see a decline in hiring

Mon, Feb 20, 2017

Growth in the tech start-up jobs in areas such as Bay Area in California has declined to 3.5% in 2016 from 6% in 2015 and 6.4% in 2014.

Indian start-ups should look at unique solutions to our problems: Shrikant Sinha, Nasscom Foundation

Indian start-ups should look at unique solutions to our problems: Shrikant Sinha, Nasscom Foundation

Fri, Feb 17, 2017

In India itself if you look at the social sector there are so many problems, but a solution which may have worked globally may not work in here, said Sinha.

Many forced marriages will be seen among Indian start-ups in 2017

Many forced marriages will be seen among Indian start-ups in 2017

Thu, Feb 16, 2017

Start-ups who have merged or have been acquired in the recent past give advice to entrepreneurs to think logically than emotionally.

Majority founders, CXOs believe Indian start-ups are in a bubble

Majority founders, CXOs believe Indian start-ups are in a bubble

Tue, Feb 14, 2017

63% of the respondents who attempted to raise funds confirmed that they had an unfavorable funding experience in 2016 with almost half of these not being able to raise any funding and the rest raised either a sub-optimal external round or a bridge round.

Banks to bet heavily on blockchain technology in 2017: Report

Banks to bet heavily on blockchain technology in 2017: Report

Wed, Feb 08, 2017

A number of investors are looking towards blockchain technology currently with the unstable geo-political and economic situation globally.

Funding to bitcoin, blockchain start-ups grows to $550 million in 2016

Funding to bitcoin, blockchain start-ups grows to $550 million in 2016

Tue, Feb 07, 2017

Investors made 132 investments in bitcoin and blockchain companies in 2016.

Start-ups celebrate initiatives taken by govt in Budget 2017

Start-ups celebrate initiatives taken by govt in Budget 2017

Wed, Feb 01, 2017

Jaitley announced that for small businesses with an annual turnover of Rs 50 crore they will now have to pay 5% less income tax. This brings down their income tax level to 25%.

GST's toll-free helpline number receives 80% calls from SMEs, startups

GST's toll-free helpline number receives 80% calls from SMEs, startups

Tue, Jan 24, 2017

India's SMEs and startup companies are anxious about the government's implementation of GST and its impact on the sectors.

Infosys invests over $62 million in start-ups from innovation fund

Infosys invests over $62 million in start-ups from innovation fund

Sun, Jan 22, 2017

Infosys has invested a little over USD 62 million from its USD 500 million innovation fund in start-ups covering areas like IoT, automation and drones.

PayUmoney isn't shutting down; read the full story

PayUmoney isn't shutting down; read the full story

Fri, Jan 20, 2017

“ Our communication to consumers has been totally misquoted. We are in process of upgrading wallet backend operations and hence temporarily suspended load functionality only for users to avoid customer service issues. The same will be resumed shortly once backend is upgraded. Users can continue to use all other functions such as purchase, withdraw money etc," Jitendra Gupta, MD, PayUIndia.

The 'Make in India' train had left a long time back: Saurabh Srivastava

The 'Make in India' train had left a long time back: Saurabh Srivastava

Fri, Jan 20, 2017

Srivastava said that India has to move towards a focus of 'Design in India' instead of 'Make in India'.

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