[Direct-To-Consumer Brand] Mamaearth’s Income Rises 6.5X to Rs 110 Cr in FY20
Backed by profitable social media campaigns and influencer marketing, D2C brand Mamaearth managed to grow its operating revenue 6.5X during the fiscal ended in March 2020 to nearly INR 110…
Piyush Goyal Appeals Indian Businesses To Pool A Domestic Fund For Startups
Minister of Railways, Minister of Commerce and Industry Piyush Goyal appealed businesses and entrepreneurs to dedicate a portion of their wealth for early-stage investing in startups. Piyush Goyal at Resurgence…
Indian Startups Receive $10.14 Billion Funding In 2020: Report
According to a report by consulting firm HexGn, Indian startups received an estimated amount of $10.14 billion in funding across more than 1,200 deals in 2020. Despite the COVID-19 pandemic,…
Foodtech Giant Zomato Acquires Full-Stack Sports Platform Fitso
Foodtech giant Zomato has acquired 100% stake in full-stack sports platform Fitso via cash-and-equity deal, worth about 800 million rupees (US$11 million) to 1 billion rupees (US$13.7 million). Reported by…
Amplus Solar Launches The MILES Challenge For Clean Energy Startups
Amplus Solar, a Gurugram-headquartered leading distributed energy company, has announced the launch of The MILES (M+Innovation Lab for Energy and Sustainability) Challenge for startups providing clean energy solutions in India.…
VC Firm ‘Antler’ To Invest More Than $100 Million In Indian Startups
Antler, a Global early-stage venture capital (VC) fund, plans to invest more than $100 million across Indian technology startups in the next four years. To manage the money, Antler has…
National Startup Advisory Council Nominates 28 Non-Official Members From The Startup Ecosystem
The National Startup Advisory Council (NSAC) has nominated 28 non-official members on the committee to advise the government on efforts needed to build a strong startup ecosystem. As per a…
Salesforce Invests $15M In HR Tech Platform ‘Darwinbox’
Salesforce Ventures, the investment arm of Salesforce Inc., has invested $15 million in Darwinbox, an enterprise human resources (HR) technology platform, making this its first investment in an Indian venture.…
Union Minister Piyush Goyal Encourages Indian Investors To Collaborate With The BIMSTEC Nations
Despite the pandemic, the Indian startup ecosystem received decent funding in 2020. And to keep the startup ecosystem to flourish, Union minister Piyush Goyal encouraged Indian investors to collaborate with…
Early-Stage Investment Firm ‘LetsVenture’ Launches Revenue-Based Growth Capital Firm N+1 Capital
Early-stage investment firm LetsVenture has announced the launch of its revenue-based growth capital firm N+1 Capital. Revenue-based growth capital (RBGC) is an alternative method of raising capital for entrepreneurs. In…