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…
Open English Acquires Bengaluru-based Learning App Enguru
Open English, a Miami-based online learning firm, has acquired Bengaluru-based mobile language-learning app Enguru for an undisclosed amount in a share swap deal. As per Open English, English has been…
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…
LetsVenture Launches Two New Products To Help The Startup Ecosystem
In a bid to remove operational inefficiencies faced by founders and help the startup industry make better sense of private investment trends, LetsVenture, an early-stage investment platform, has launched two new…
Listed Unicorn Nykaa To Acquire Digital Content Platform Little Black Book
Nykaa, a beauty ecommerce platform, has received its board’s approval to acquire digital content platform Little Black Book (LBB) in an all-cash deal. The transaction, which is subject to various…
Ruraltech Startup Hesa Acquires Sales Intelligence Startup Flinkhub
Hesa, a Telangana-based unified commerce platform, has acquired sales intelligence startup Flinkhub for an undisclosed amount. With the acquisition of Flinkhub, Hesa aims to enhance its app and drive product-led…
Pune-based Repos Energy Launches Mobile EV Charging Solution
Repos Energy, a Ratan Tata-backed mobile energy distribution startup, has announced the launch of an organic waste-powered ‘mobile electric charging vehicle’ solution. The mobile energy distribution startup has signed a…
GAIL To Invest In Startups Operating In Energy, Natural Gas
Gas Authority Of India Limited (GAIL), India’s largest gas transmission and distribution firm, plans to invest in startups operating in areas including- natural gas, petrochemicals, energy and electric mobility. Through…