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 […]

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 […]