E-Commerce Startup FirstClub Raises $8M to Cater to Affluent Indian Households
The Indian e-commerce market is pregnant with competition. Companies have fought to win customers for years by offering rock-bottom prices, lightning-fast deliveries and vast product selections. However, a new quick commerce startup FirstClub is choosing a different path. It is backed by prominent investors like Flipkart co-founder Binny Bansal and Myntra co-founder Mukesh Bansal. The […]
Indian Startup Fuselage Innovations Gains Global Spotlight at Slush 2024
Kerala-based startup Fuselage Innovations has a reason to say that Indian startups can shine on the global stage. They have participated in Slush 2024 and it is one of the biggest startup events in the world held in Helsinki, Finland. Fuselage was part of the India-Finland Delegation Program organized by the Kerala Startup Mission (KSUM). […]
Cloud Kitchen Pioneer Rebel Foods Raises $210 Million Before IPO
Rebel Foods startup equipped with innovative online-only restaurant model has lately raised $210 million in a Series G funding round led by Singapore’s Temasek Holdings and supported by existing investor Evolvence. The fresh funding comes just ahead of its planned IPO and it is expected within 18 to 24 months. Its current valuation has climbed […]
Jewellery Startup BlueStone Aims High with Rs 1,000 Crore IPO Filing
Bengaluru-based BlueStone Jewellery and Lifestyle startup has struck headlines lately with its decision to file for an IPO worth Rs 1,000 crore. The move is a gesture of confidence for the company in its growth and simultaneously become potential to make a mark in the competitive jewellery market. BlueStone was founded by Vidya Nataraj and […]
Akshay Naheta’s Stablecoin Startup DTR Eyes Funding for U.S. Expansion
Former SoftBank executive Akshay Naheta is eyeing a stake sale in his own startup named Distributed Technologies Research Ltd. (DTR). He had played a central role in some of the most significant deals in SoftBank. His stablecoin payments company uses blockchain technology for cross-border payments and he currently in early talks with investors to raise […]
Delhi Government Launches Senior Business Blasters to Empower Student Startups
Delhi government has lately launched Business Blasters programme for universities and ITIs to strengthen entrepreneurship among young students. The idea is to create job-ready graduates and also to nurture job creators to drive economic growth. Chief Minister Atishi spoke about the transformative vision behind the initiative at the launching event. She said that Ambedkar University, […]
SolarSquare Secures $40M Series B, Largest for Indian Solar Startup
SolarSquare, India’s leading home solar startup based in Mumbai, has raised $40 million in its Series B funding round, marking the largest venture capital raise in the Indian solar sector. The round was led by Lightspeed with participation from Lightrock. Existing investors Elevation Capital, Chris Sacca’s Lowercarbon, Nithin Kamath’s Rainmatter, and Gruhas Proptech also invested […]
Government Initiatives to Boost India’s Trillion-Dollar Startup Economy
Competition Commission of India (CCI) Chairperson Ravneet Kaur lately emphasized the commitment of government in strengthening India’s vibrant startup ecosystem amid formulating ex-ante regulations for digital markets. He was speaking at the CII Global Economic Policy Forum and said that India needs a regulatory framework to promote innovation. The draft Digital Competition Bill proposes ex-ante […]
How Indian Celebrities Are Shaping the Startup Ecosystem
Indian startup ecosystem has witnessed a fascinating evolution in recent years. Celebrities from Bollywood and cricket have intersected with the grit of entrepreneurship. Celebrities earlier used to believe in brand endorsements. However, they are now diving into the world of startups. They are combining their influence and resources to shape a vibrant entrepreneurial landscape. The […]
Navanc Raises Seed Funding to Secured Lending with AI-Powered Property Score
Navanc, a pioneering FinTech startup building India’s first AI-powered property score and stack for secured lending and insurance practices, has successfully raised $1M in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors. The funds will be directed […]