Veefin Acquires 50% Stake in Singapore’s Walnut to Boost GenAI Expertise
India’s Veefin Solutions has taken its first step onto the global stage and it has acquired a 50% stake in Singapore-based GenAI startup Walnut. It is gradually positioning as a serious player in the competitive world of artificial intelligence (AI) in finance. Walnut specializes in advanced AI, machine learning (ML) and natural language processing (NLP) […]
India’s Space Sector Gains Global Attention as Axiom Space Explores Collaboration
Axiom Space is consideration Indian launch vehicles for its private space station project and this marks a new chapter in the global space economy. The collaboration highlights evolution of international space industry the position of India as a credible player. The U.S.-based startup is to explore Indian rockets to transport materials for constructing a successor […]
Northeast Startups Thrive Against Odds of Limited Funding and Logistics
Northeast India is emerging as a powerful force in the country’s startup space and it is equipped with a wave of new ventures. Enhanced connectivity through upgraded power infrastructure, expanded airports and new waterways has strengthened internal ties as well as cross-border trade routes with neighboring countries. One of the greatest obstacles for Northeast startups […]
Healthcare Payments Company QubeHealth raises Pre Series A
Deep-Tech focused, early-stage venture fund, Unicorn India Ventures and CanBank Venture Capital Fund, from VI Fund “Empower India Fund” led an undisclosed investment into the Mumbai-based healthcare payments company, QubeHealth, as part of its Pre-Series-A round, setting up the Company for its upcoming Series-A round at a valuation of Rs. 270 Crore. Funds raised will be used […]
Why ESG Data Is Essential For Comprehensive Risk Management
In today’s rapidly changing business landscape, companies face risks that go beyond traditional financial metrics. Environmental, Social, and Governance (ESG) factors have emerged as crucial elements in evaluating a company’s long-term stability and resilience. Integrating ESG data into risk management not only offers a more holistic view of a company’s exposure but also aligns with […]
Innov8 Announces Ambitious Plan to Triple Seating Capacity by 2025
Demand for flexible and collaborative spaces has surged paving the path for coworking startup Innov8 to plan an ambitious expansion plan. It aims to double its centers across India by 2025 and it is a strategic move that highlights commitment to meeting needs of modern professionals seeking a desk as well as dynamic environment. Innov8 […]
Floworks Claims 36% Accuracy Improvement Over GPT-4o with New ThorV2 Model
Enterprise automation is an ever-evolving segment and Floworks has positioned itself as a frontrunner with the introduction of its innovative ThorV2 architecture. It is learned the ThorV2 is set to disrupt the market and particularly for organizations looking to utilize the power of large language models (LLMs). At the core of ThorV2 lies a transformative […]
Funding Fuels Growth for Hala Mobility, Mihup, Viraa Care
The recent funding secured by startups Hala Mobility, Mihup and Viraa Care highlights a shifting focus in India’s startup ecosystem towards solutions with tangible social impact as well as tech-driven innovation. The sectors are like electric vehicle services, conversational AI and pediatric health. EV-as-a-Service platform Hala Mobility secured ₹51 crore in a pre-Series A funding […]
Kuku FM’s Paid User Base Exceeds 25 Million as Revenue Hits INR 104 Cr
Mumbai-based Kuku FM has emerged as a frontrunner in the vernacular audio market and has lately reported a remarkable 114% increase in revenue for the financial year ending March 31, 2024 (FY24). Its operating revenue has soared to INR 88 crore and it is up from INR 41.1 crore a year before. The total revenue […]
October Surge Pushes Indian Startup Funding Past Last Year’s Total
India’s startup ecosystem has shown remarkable momentum this year and funding has crossed $12.2 billion in just first ten months of 2024. It has surpassed the $11 billion that was raised throughout 2023. The strong showing reveals a renewed investor confidence despite global economic uncertainties in various markets. October alone saw funding soar past $1 […]