Flipkart Launches Flipkart Boost Programme To Help D2C Brands In India
Ecommerce giant Flipkart has launched a new initiative– Flipkart Boost Programme and will partner with direct to consumer (D2C) brands in India to help them move into the next phase of growth. As…
Delhi-NCR Startup Ecosystem Raised $6.7 Billion Funding Across 270 Deals In 2021
With a tremendous inflow of capital, the Indian Startup ecosystem is growing rapidly. In the first eight months of 2021, Indian startups raised $26 Billion in funding, hitting an all-time…
Alternate Financing Platform Trifecta Capital Announces Launch Of Debt Fund-III
Trifecta Capital, an alternate financing platform for startups, has announced the launch of its third venture debt fund, Trifecta Venture Debt Fund – III. The Trifecta Venture Debt Fund – III,…
VC Firm Accel Launches Atoms Program To Back Early-stage Indian Startups
VC firm Accel has launched a pre-seed funding program called Atoms and will invest $250,000 in Indian startups without taking any stake in the company (or uncapped convertible). Under this initiative, the…
BIRAC To Launch Incentive Scheme To Support 75 Startups In Digital Health, Telemedicine
Biotechnology Industry Research Assistance Council (BIRAC) will soon launch a special incentive scheme to support 75 startups in areas of telemedicine, digital health and artificial intelligence. Science and Technology Minister…
Nazara Technologies Acquires Skill-based Gaming Platform OpenPlay
Nazara Technologies, a gaming and sports media platform, has acquired Hyderabad-based skill-based gaming company OpenPlay for about Rs 186 crore. As per the regulatory filing, Mumbai-based Nazara will acquire a…
Care Ratings: Indian Pharma Industry To Surpass $60B By FY24
According to a report by Care Ratings, the COVID-19 pandemic push and rising export share will lead to an 11% annual growth for the Indian pharma industry over the next…
MeitY Launches SAMRIDH Programme To Fund 300 Early-stage Startups
The Ministry of Electronics and Information Technology (MeitY) has launched the Startup Accelerator for Product Innovation, Development & Growth (SAMRIDH) programme to support the Indian startup ecosystem. Under this programme,…
IPO-bound Delhivery Acquires Bengaluru-based Spoton Logistics
Gurugram-based Delhivery has acquired Bengaluru-based Spoton Logistics for an undisclosed amount to strengthen its existing B2B capabilities. As part of the transaction, Samara Capital and Xponentia, which together acquired Spoton…
Report: Around $17.2B Invested In Indian Startup Ecosystem By VC Firms During Jan-July 2021
As per data released by Venture Intelligence (VI) and the Indian Private Equity and Venture Capital Association (IVCA), Venture capital firms invested a total of $17.2 billion into the Indian startup ecosystem…