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 […]

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 […]

Startup India Initiative Boosts Women Leadership with 73,000+ Recognized Startups

It is highly inspiring to witness the extent India has come in its entrepreneurial journey. The Ministry of Commerce and Industry lately revealed that the country now has more than 73,000 startups equipped with one or more woman director. The figure is a genuine reflection of the changing dynamics in the business segment where women […]

Digital Gold Investment Platform Jar Achieves Financial Milestone

Indian wealthtech startup Jar has made impressive progress in making its financial health better and reduce losses by 15% in FY24. It reported a net loss of ₹103.97 crore and the figure is down from ₹123 crore in FY23. The operational revenue growth of Jar can be categorized as extraordinary to some extent as it […]

Karnataka Introduces Programs to Accelerate Startup Growth Statewide

The latest move of Karnataka to launch the Rajiv Gandhi Entrepreneurship Program is one more important step to its commitment to strengthen innovation equipped with more than 18,000 startups, 45 unicorns and some upcoming unicorns. Karnataka is also learned to be introducing ELEVATE 2024 and the Karnataka Accelerator Network (KAN) to boost startups in the […]

Hyderabad Hosts IIT Madras Startup Meetup to Empower India’s Innovators

Hyderabad is gearing up to host IIT Madras Startup Meetup on January 4, 2025. It is one more significant step toward growing vibrancy of the Indian startup ecosystem. The event is organized by the Entrepreneurship Cell of IIT Madras and to bring together startup founders, venture capitalists, mentors and investors in great number to connect […]

Digital Transformation Takes Center Stage at Rising Rajasthan Global Investment Summit

The Rising Rajasthan Global Investment Summit 2024 was more than an event at the Jaipur Exhibition Convention Centre between December 9 and 11. It was a glimpse into the future of innovation and entrepreneurship as it showcased the ambition of Rajasthan to lead India’s digital and startup revolution. Prime Minister Narendra Modi inaugurated the event […]