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…
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…