Journalism of Courage
STARTUPS NEWS - Page 3
Post ‘assessments’, Unacademy hands pink slips to about 600 staff, educatorsSubscriber Only
April 8, 2022 05:53 IST
The startup has around 6,000 employees, with the downsizing round impacting close to 10 per cent of its workforce.
$137 mn fundraise: CredAvenue turns 11th unicorn of 2022Subscriber Only
March 7, 2022 03:57 IST
The round was led by Insight Partners, B Capital Group and Dragoneer Investment Group, and propelled the startup’s valuation to $1.3 billion from $410 million in September, making it India’s fastest fintech unicorn
‘Indian startups raised $24 billion; 42 unicorns last year’
January 22, 2022 03:03 IST
🔴 Over 2,250 startups were added in 2021, over 600 more than the previous year. it added. While 11 startups in 2021 took the IPO route to raise money from the markets, Nasscom expects at least 16 startups to take the IPO route to raise money in 2022.
Startups can play important role to socialise, democratise availability of healthcare: Piyush Goyal
January 10, 2022 15:17 IST
The minister said that venture capitalists and financers can also play a key role in mentoring young startups across the country particularly in Tier 2 and 3 towns.
Funding blitz: Four startups raise over $1.2 billion from new, existing investorsSubscriber Only
December 21, 2021 04:40 IST
Notably, three of these companies — Razorpay, OfBusiness and Bizongo — saw New York-based Tiger Global Management participating in the funding round.
Byju’s in talks to go public via SPAC deal: ReportSubscriber Only
December 16, 2021 17:19 IST
Under the preliminary terms discussed, Byju’s would raise a total of about $4 billion and seek a valuation of about $48 billion, the people said. The startup was valued at $21 billion, according to market research firm CB Insights.
Electric scooter startup Simple Energy to invest up to $330 million in new plantsSubscriber Only
December 8, 2021 14:08 IST
Simple Energy plans to buy 600 acres for the new facility, complete with an R&D center and testing facility.
BP leads $25 million funding round in EV ride-hailing start-up BluSmart
September 30, 2021 14:12 IST
To date, BP Ventures has invested almost USD 800 million in more than 60 companies across seven geographies.
To develop ‘ecosystem’ for startups, accelerators, IT Min forms committeeSubscriber Only
September 6, 2021 00:44 IST
The implementation of the scheme, which was announced on August 25, will be overseen by the 10-member team that will also have four representatives from the industry, a senior Ministry official said, adding that a representative from the Startup India programme will also be in the panel.
Elon Musk’s Neuralink raises over $200 million from Google Ventures, others
July 30, 2021 11:13 IST
Neuralink aims to implant wireless brain computer chips to help cure neurological conditions including Alzheimer's, dementia and spinal cord injuries and fuse humankind with artificial intelligence.
Byju’s list of aquisitions: Great Learning, Epic, Aakash Educational Services, WhiteHat Jr and more
July 27, 2021 18:12 IST
From WhiteHat Jr to Great Learning: We look at Byju's major purchases in the recent past.
HealthifyMe acqui-hires Under45, launches vaccination slot bookings
July 6, 2021 12:38 IST
"Now, one can also book their slots directly from HealthifyMe, which has registered itself as an Application Service Provider (ASP) with CoWin. To supercharge efforts on its vaccination slot booking initiative, HealthifyMe has also acqui-hired the Under45 team," a statement said.
PM Modi calls for repair and prepare of economy, health infrastructure
June 16, 2021 19:19 IST
India, he said, is home to one of the world's largest startup ecosystems and several unicorns have come up in recent years.
Urban Company raises $255 million, valuation crosses $2.1 billion
June 2, 2021 13:44 IST
The series F round - which also saw participation from Vy Capital, Tiger Global and Steadview - takes Urban Company's valuation to USD 2.1 billion.
Zeta turns unicorn after raising $250 million from SoftBank Vision Fund 2
May 25, 2021 13:29 IST
With its Series C round of investment from SoftBank Vision Fund 2, Zeta's valuation stands at $1.45 billion, turning it into a unicorn. This is one of the largest single investments in a banking tech startup globally, the start-up said.
Upgrad buys online higher education start up Impartus for Rs 150 crore
May 24, 2021 13:32 IST
After the completion of the acquisition Impartus will be rebranded as upGrad Campus, and will boost its revenue run-rate by an additional Rs 85 crore, the company said in a statement.
Byju’s to become India’s most-valuable startup after UBS fundingSubscriber Only
April 29, 2021 11:28 IST
The UBS investment will take the valuation of Byju’s past digital payments startup Paytm, which was last valued at $16 billion.
Stripe’s value jumps to $95 billion, becomes top US startupSubscriber Only
March 15, 2021 12:23 IST
Stripe was founded in 2010 by two Irish siblings: 32-year-old Patrick Collison and his younger brother John, 30. Their net worth surged to $11.4 billion each with the latest valuation, according to the Bloomberg Billionaires Index, up from $4.3 billion in the last funding round.
DPIIT to organise global summit on startups on January 15-16
December 23, 2020 15:00 IST
Startups from Asian countries, domestic players and global entrepreneurs would participate in the virtual summit, the official in the Department for Promotion of Industry and Internal Trade (DPIIT) said.
Delhivery eyes IPO in next 12-15 months; gets $25 million investment from Steadview
December 15, 2020 16:16 IST
Delhivery, which covers 2,300 cities, provides a full suite of logistics services such as express parcel transportation, LTL and FTL freight, reverse logistics, cross-border, B2B and B2C warehousing, and technology services.
Covid effect: Ed-tech firms corner $1.95 bn funds so far this yearSubscriber Only
December 2, 2020 13:00 IST
The amount, raised since the beginning of the year till date, is 31 per cent higher than the combined funding of $1.48 billion collected in the preceding five years.
Startups’ registration at GeM more than doubled to 7,438 in last one year: Official
November 16, 2020 16:34 IST
The Government e-Marketplace (GeM) was launched in August 2016 for online purchase of goods and services by all the central government ministries and departments.
Swiggy announces employee stock liquidity programme
November 9, 2020 18:12 IST
Under the programme, employees will be able to sell their shares to investors in the company.
FreshToHome raises $121 million in funding from Investment Corporation of Dubai, others
October 28, 2020 11:39 IST
FreshToHome claims to be the world's largest fully integrated online brand in fresh fish and meat e-commerce, with approximately 1.5 million B2C orders per month and USD 85 million (about Rs 600 crore) annualised sales run rate on the platform.
43% MSMEs and startups plan on hiring women over next 6 months: Survey
October 20, 2020 19:14 IST
As per a survey conducted by community engagement platform LocalCircles, which got over 7,000 responses from startups, MSMEs and entrepreneurs across 104 top business districts in India, 31 per cent of such firms across the country have reduced their women workforce in the last 8 months.
Advertisement
Live Blog
Advertisement
Best of Express
Cities68 murdered in Maliana, all accused acquitted 36 years later, residents ask: So who killed our families?
EntertainmentDon 3 teaser: Ranveer Singh's first look revealed, says '11 mulkon ki police dhoondti hai mujhe'
EntertainmentRajinikanth's Jailer sells 9 lakh tickets, Gadar 2 rules the North with 3 lakh ticket sales: What Independence Day weekend at movies looks like
Trending94-year-old Kolkata artisan makes Santa dolls by hand, Anand Mahindra reacts: ‘I want to buy a signed piece at a premium’
TrendingLuxury concierge service provider reveals ‘most insane request’ made by Allu Arjun’s team in Belgium, shares ‘rarest luxury experience in the world’
SportsChristo Popov clinches badminton World Tour Finals: How France’s new star is redefining men’s singles and challenging Asia’s grip
Advertisement
Must Read
Buzzing Now
Trending94-year-old Kolkata artisan makes Santa dolls by hand, Anand Mahindra reacts: ‘I want to buy a signed piece at a premium’
TrendingLuxury concierge service provider reveals ‘most insane request’ made by Allu Arjun’s team in Belgium, shares ‘rarest luxury experience in the world’
Trending‘She froze’: Woman receives termination letter from company she never worked for, post sparks conversation on corporate slip-ups
