FRENDY, a tech-enabled small format grocery chain addressing daily shopping needs of tier 3 and beyond cities, has raised Rs 2 Cr as working capital credit from UC Inclusive Credit (UCIC), an NBFC arm of Unitus Capital. The capital will be deployed to fund its central inventory needs to feed its network of Frendy Marts & […]

Statistics reveal the failure chance of startups is 21% in their first year. Founders usually suffer from lack of finance, fierce competition and poor product-market fit. However, hope remains intact with respect to startup accelerators. Y Combinator, Techstars, 500 Startups, Plug and Play, and more such startup accelerators provide mentorship, resources and funding opportunities. They […]

The Union Budget 2024-2025 announcement is just approaching and amid some expectations the co-founder and CEO of Zerodha, Nithin Kamath, shared a transformative vision. He said it is time to nurture a new wave of entrepreneurs emerging from the small towns and villages in India. Kamath’s proposition is simple and profound. It is to encourage […]

Odisha Government has lately come up with new restrictions on the financial authority of Startup Odisha. It is a surprising move and has stirred discussions within the entrepreneurial community. The MSME Department notification has capped the financial powers of Startup Odisha and has limited the spending authorization of Executive Chairman to Rs. 1 crore. The […]

What about a term called Accessible India. Startup RampMyCity is working on the concept. The sight of ramps at bookstores and commercial buildings in Bengaluru might not seem revolutionary to many, but it stands as a testament to a broader mission. The mission is to make public spaces more inclusive for Person with Disabilities (PwD) […]

A number of notable developments were witnessed this week in the world of startups. Direct-to-consumer (D2C) men’s grooming brand Menhood is set to go public. It will be listed on NSE Emerge. The initial public offering (IPO) will open on July 16 and close on July 19. A total of 25,95,200 equity shares issue is […]

India is witnessing a significant surge in startup ventures and the trend was accelerated from 2020 with the popularity of a couple of entrepreneurial shows such as ‘Shark Tank India.’ The cultural shift has inspired a plethora of individuals and especially women to start their own business journeys. India Brand Equity Foundation (IBEF) reveals about […]

India is gradually witnessing growing skills in space technology. Bengaluru-based startup AkashaLabdhi is lately gearing up to launch its ‘expandable space habitats’ by 2027. The launching will be implemented in collaboration with SpaceX. AkashaLabdhi is a brainchild incubated at IIT Roorkee. It is working in the creation of expandable space habitats. The structures are designed […]

Indian Union Budget 2024 announcement is approaching. The startup ecosystem and investor community are expecting something favorable. They are looking ahead the scrapping of contentious angel tax and launching of some new schemes by the government to boost domestic investments. One of the most important issues in the upcoming budget is the angel tax. It […]

Maruti Suzuki India has come up with its 9th cohort of corporate accelerator programme titled the Maruti Suzuki Accelerator. The programme has been rebranded this year and is open to global participants including startups. The primary goal is to develop cutting-edge solutions for the automobile manufacturing and mobility market. The programme was previously titled the […]