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…
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…
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…
Applyifi And Launchpad Advisory Launch Accelerator Fund For MVP And Pilot-stage Startups
Accelerator management company Applyifi and Launchpad Advisory have collaborated to launch accelerator fund Applyifi-Launchpad. The accelerator fund will provide Rs 75 lakh ($100,000) capital and deep-engaged mentoring to MVP and…
[B2B Marketplace India] Factors Driving The Growth Of B2B Industry In India
Advancements in technology have revolutionized the way the B2B industry in India used to work. Indian businesses are now spending a large chunk of money on new technologies like AI,…
[Agritech India] Factors Driving The Growth Of Agritech Industry In India
Backed by increased digitization, government initiatives, and investors interest, the Agritech industry in India is growing at a rate of 25% per year. And as India’s startup ecosystem is expanding,…
IRDAI Allows Indian Insurance Companies To Invest In Startups Via Fund Of Funds
To provide more capital options to the growing Indian startup ecosystem, the Insurance Regulatory Development Authority of India (IRDAI) has allowed Indian insurance companies to invest in fund of funds…
Animation Workflow Platform ‘LottieFiles’ Acquires Design Asset Marketplace ‘Iconscout’
Animation workflow platform LottieFiles has acquired Surat-based design asset marketplace Iconscout for an undisclosed amount. Post the acquisition deal, Iconscout will continue to thrive and operate as an independent platform…
[Union Budget 2021] Startups Get Tax Incentives, Capital Gains Exemption By One More Year
In a bid to further boost the Indian startup Ecosystem, the Finance Minister of India, Nirmala Sitharaman, in the Union Budget for 2021-22 has announced tax incentives for startups and…
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,…