Indian E-commerce, Consumer Internet Sector Raised $15.4 Bn In 2022
As per the latest report by EY, Indian e-commerce and consumer Internet companies raised $15.4 billion in PE/VC funding in 2022, which is a two-fold jump from $8.2 billion in…
Workforce Management Platform BetterPlace Acquires MyRobin
BetterPlace Safety Solutions Pvt. Ltd, a blue-collar workforce management firm, has bought Indonesia-based company MyRobin in a cash-and stock-deal, marking its entry into the South East Asia market. However, the…
Economic Survey: Agritech Startups In India Raised Rs 6,600 Cr In Funding In Last Four Years
Agritech startups in India have raised around Rs 6,600 crore in funding from private equity investors in the last four years, recording an annual growth of over 50%, as per…
Drone AI Startup IG Drones Selected For Revv Up Startup Acceleration Program By Telangana AI Mission
IG Drones, a Delhi-based drone-tech and analytics solutions provider, is selected to be part of the Revv Up Startup Acceleration Program by Telangana AI Mission (TAIM). The drone startup is…
InCred Capital Acquires Orowealth, Launches Wealthtech Platform InCred Money
InCred Capital, a fintech startup, has acquired wealthtech startup Orowealth in an all-cash deal for the launch of its retail-focused wealthtech platform InCred Money. With this acquisition deal, InCred Money gets…
Chennai Startups Cross $1 Billion Funding Mark For The First Time In A Year In 2022
Amid the funding winter, Chennai startups crossed the $1-billion funding mark for the first time in a year in 2022, according to data from Tracxn. Chennai-based startups raised USD 1.5…
Report: Several Indian Startups May Lose Their Unicorn Status
Because of decreased funding and a reduction in late-stage deals, several Indian startups may lose their unicorn status soon. Several experts stated that startup founders are trying to avoid raising…
Report: Web3 To Add $1.1T In India’s GDP By 2032
As per a recent study by the National Association of Software and Service Companies (NASSCOM), the global Web3 segment boom is expected to add $1.1 trillion to the Indian economy over the…
Boeing Announces BUILD Program 2022, Invites Early-stage Indian Startups
Boeing India has announced the Boeing University Innovation Leadership Development (BUILD) program for 2022. The programme is designed for graduates and early-stage startup entrepreneurs in the country and aims to…
Entrepreneur Nihar Parikh Sets Up $75 Million Fund To Back HealthTech Startups
Nihar Parikh, a veteran entrepreneur, has launched a $75 million healthcare-focused fund-4Point0 Health Ventures to back Indian startups. First reported by ET, the fund will invest between $1 Mn and…