Online Meat Startup Captain Fresh Gears Up for IPO with ₹100 Crore Boost
Bengaluru-based online meat and seafood startup Captain Fresh has secured ₹100 crore from Motilal Oswal Wealth. The fresh funding is to strengthen its financial position and also believed to set the stage for its much-anticipated public listing in 2025. The investment was made through allotment of 1,002 Series C11 compulsorily convertible preference shares at ₹9,98,399 […]
How Dr. Manmohan Singh Paved Way for India’s Startup Ecosystem
The passing of Dr. Manmohan Singh marks the end of an era for India and for Indians. The nation is mourning the loss of its former Prime Minister and it is worth reflecting here the way his visionary leadership planted seeds for India’s thriving startup ecosystem. India was on the brink of an economic collapse […]
Global Investors Bet Big on Elon’s xAI with $6 Billion Funding
xAI is the latest venture of Elon Musk and it has once again hit the headlines after raising $6 billion of funding and it marks a major milestone in the race to dominate the artificial intelligence (AI) industry. The aim of xAI is to go beyond just innovation and it is something about reshaping AI […]
AI Innovation in 2024: What Startups and Investors Are Prioritizing
The year 2024 has been a game-changer year for the artificial intelligence (AI) funding segment equipped with nearly $100 billion invested by mid-December. This means that AI is shaping up and gradually becoming the defining technology of our time. What is fascinating about it is the way money is being spread across different areas and […]
Chennai-Based Mindgrove Technologies Accelerates IoT Chip Development with $8M Funding
Chennai-based startup Mindgrove Technologies has hit the headlines lately in the semiconductor segment. It has secured $8 million in a Series A funding round and it is believed to be a remarkable leap from seed funding in early 2023. The investment was led by Rocketship.vc and Speciale Invest equipped with more contributions from Mela Ventures, […]
2024: The Year That Tested and Transformed Indian Startups
The Indian startup experienced a rollercoaster journey in 2024 and it was equipped with a mix of successes as well as tough challenges. The year was to some extent unpredictable for many startups as some soared to new heights while many struggled to even keep up with the market demands. Fintech companies were the stars […]
How AI, Bigdata Analytics Revolutionize Route Planning – Routematic
Our TechiExpert readers would like to know how AI and big-data analytics improve route planning? Unlike ride-hailing services, Routematic focuses on pre-scheduled transportation solutions. Leveraging AI and big-data analytics, Routematic excels in optimizing route planning and traffic management. By analyzing historical GPS data and accounting for special events, the platform uses predictive analytics to forecast […]
Indian Cricketer Ajinkya Rahane Backs Proxgy in $3M Series A Round
Delhi NCR-based startup Proxgy has again making others believe that deeptech is a sector to watch in India. It has secured fresh investment from Indian cricketer Ajinkya Rahane and it is a part of its $3 million (INR 25.6 crore) Series A funding round. It is now sending a clear message that the Indian deeptech […]
Edelweiss MF CEO Highlights Harsh Realities of Startup Culture
Startups often appear as the ultimate dream and believed to be a place where creativity flows, ideas thrive as well as success stories inspire millions. However, Edelweiss Mutual Fund Managing Director and CEO Radhika Gupta has a different view. She said that the “startup romance” is far from reality in a recent social media post […]
Startup India Initiative Fuels Job Creation and Economic Transformation: Govt
The Indian startup story is of course extraordinary as the young companies are changing industries and also creating more than 1.6 million jobs across the country (as of December 25). The Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1.57 lakh startups and these are proving the ecosystem holds potential for the […]