RBI vs Fintech Startups: Is Regulation Stifling Innovation?
The Reserve Bank of India (RBI) has once again tightened its grip on the fintech industry. A move has sparked debates over whether its actions are stifling innovation. Its crackdown this week on prominent non-banking financial companies (NBFCs) like Navi Finserv and DMI Finance highlights increasing tension between regulators and fintech startups. Zeta founder Bhavin […]
India-Mexico Partnership: FM Sitharaman Calls for Deeper Collaboration in Startups
Indian Finance Minister Nirmala Sitharaman recently called for deeper collaboration between India and Mexico. She particularly resounded for the startup and digital sectors. The move is a diplomatic gesture as well as a forward-thinking strategy. Indian startups could gain access to a new market for technological solutions by opening doors to Mexico. Mexico’s growing digital […]
Busy Week for Indian Startups: 39 Fundraising Deals with 12 Growth Rounds
Past several weeks witnessed slower momentum in the funding aspect of Indian startup ecosystem but lately it has bounced back and in a big way. A total of 39 startups raised $449.33 million this last week. The funding was driven by 12 growth-stage deals and 16 early-stage deals. All these signals a shift in investor […]
Piyush Goyal Urges ICC to Champion Tourism, Startup Growth by Tapping Global Networks
The speech of Union Minister Piyush Goyal at the Annual Plenary Session of the Indian Chamber of Commerce (ICC) in New Delhi carried a strong message. It is India’s future in tourism and startups hinges on leveraging global networks as well as overcoming traditional barriers. The emphasis of Goyal on tourism is timely as India […]
India Mobile Congress Highlights 900+ Startups through Aspire Program
The India Mobile Congress (IMC) 2024 was held at Pragati Maidan from October 15-18. It showcased more than 900 startups under the Aspire program and the event emphasized one undeniable fact that India is on the verge of strengthening its position as a global leader in technology, media as well as telecom innovation. The IMC […]
Indian Edtech Giant Eruditus Raises $150 Million, Hits $3 Billion Valuation
Edtech sector is currently facing significant headwinds and the ability of Eruditus to raise $150 million in its latest Series F round signals confidence to push boundaries. The funding was led by TPG Rise and backed by major players like SoftBank and Chan Zuckerberg Initiative. The funding round now values Eruditus at $3 billion. It […]
Yu Bags Rs 55 Crore in Funding; Plans Scaling Ready-to-Cook Offerings
Instant food and beverage startup Yu has lately bagged Rs 55 crore Series B funding amid rapidly expanding ready-to-cook market in India. The funding was led by investors Ashish Kacholia and the Asian Paints Promoter Group’s Manish Choksi Varun Vakil. The funding round shows confidence in its growth strategy and ability to capture a larger […]
Simplismart Raises $7M in Series A, Valued at $35M
Simplismart has lately secured $7 million Series A funding led by Accel and the move signals financial success for the Bengaluru-based SaaS startup. Valuation of the company is now moved up to $35 million and it is now being considered as a key player in making AI more accessible to enterprises. The funding round was […]
MEMA Recognizes Tromml as Aftermarket Startup Challenge Winner for Auto Intelligence Tools
Tromml has lately grabbed victory at the MEMA Aftermarket Startup Challenge and it highlights the growing influence of AI in automotive aftermarket industry. It is true that this is an era of data-driven insights and highly important. The approach of Tromml is to offer business intelligence to retailers, manufacturers and distributors. The victory showcases importance […]
TechSparks 2024 Reveals FinOps Tactics to Help Startups Tame Cloud Costs
TechSparks 2024 in Bengaluru provided a valuable wake-up call for startups with its masterclass on ‘Leveraging FinOps for Success.’ Cloud infrastructure is gradually becoming the backbone of most tech-driven businesses. Managing cloud costs is not just a technical detail now but it is a critical financial strategy. The insights shared by Satyam Santosh and DVS […]