Indian startups and Indian startup ecosystem are growing at a rapid pace. The landscape is going through a transformative era. It is learned that 77% of the startups are now investing in Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and blockchain. The shift was lately highlighted in a recent SAP India report […]

Srinagar seems to be a promising hub for startups. It is evident from the steps being taken by the state government. Lately, entrepreneurs and investors witnessed the launch of ‘Hausla 2.0’ and the JK Startup Portal by Lieutenant Governor Manoj Sinha. It is built on the success of Hausla 1.0 program. Lieutenant Governor Sinha congratulated […]

Drone-based business intelligence provider Aereo has successfully secured funding of USD 15 million in Series B round led by 360 ONE Asset. The other notable investors were StartupXseed Ventures and Navam Capital. Aereo is known for its cutting-edge drone technology and offers business intelligence solutions for managing large capital assets. Its drones are equipped with […]

SaaS startup Bitscale is through with its first major funding round led by India Quotient’s First Cheque. The other investors were from notable industry figures and venture capitalists. The round reflects strong confidence in the vision and potential of the company. The funding round witnessed contributors from Point One Capital, Kunal Shah of CRED, Ankit […]

MyPickup, urban transit services provider and an IPV Ideaschool startup has raised INR 1.5 Crore in Seed Round led by Inflection Point Ventures. This investment comes as part of IPV’s initiative to support early-stage ideas with high potential for innovation and impact. Through IPV Ideaschool, startups receive funding, mentorship, and resources to transform their ideas […]

The Alliance of Digital India Foundation (ADIF) has partnered with the PHD Chamber of Commerce & Industry (PHDCCI) to empower Indian startups. The two companies have been collaborated under a two-year memorandum of understanding (MoU) signing. Both are jointly aiming towards creating an environment that nurtures independent thinking and outstanding ideas. The MoU was signed […]

Fintech sector is evolving at a faster pace and securing funding is often the first step towards significant innovation. Bengaluru-based Multipl startup lately secured $1.5 million (Rs 12 crore) funding led by Blume Ventures and MIXI Global Investments, Inc. The company previously secured $3 million in May 2022 and it was backed by Blume Ventures, […]

Unicorn India Ventures, a deep tech focused fund house, which is currently raising its third fund of Rs 1,000 crore, has announced a partial exit from neo diagnostics startups Sascan Meditech. UIV had invested Rs 2 crore spread across 2 rounds. The first investment was made in 2020.  The partial exit from Sascan has generated […]

India has a booming startup ecosystem with path breaking solutions and satisfying unique customer needs. The country hosts startups and unicorns with a total valuation of 350 billion dollars contributing a large chunk to the Indian economy. But according to a recent study, 90% of startups fail in India within the first five years of […]

Combating climate change is the call of the time. Venture studio IndusDC is dedicated working towards it. It has emerged with an aim to reduce global CO2 emissions. It has committed Rs 100 crore to fund Indian startups focusing on hard tech innovations. The investment is set for fiscal years 2025 and 2026. It is […]