How IITians Turned Entrepreneurs Are Creating India’s Fastest Growing Online Rental Motorbike Platform Ridobiko
The Indian startup ecosystem is thriving on the shoulders of young entrepreneurs who not only are providing better solutions with their offerings but are building modern India. Among the many latest trends in the startup ecosystem, the rental business has turned out to be the most prominent one. And with […]
Nitin Gadkari Says Increasing MSME Exports Will Create 5 Crore Jobs
Union Minister Nitin Gadkari, in a recent press conference, said increasing the MSME exports will create more jobs in the upcoming years. Nitin Gadkari also added that increasing the MSME’s exports from 48% to 60% will create 5 crore jobs in the next 5 years. He also urged unregistered enterprises to register themselves under micro-industry to […]
Gurugram Based FinTech Startup ‘Stack Finance’ Raises Seed Funding
Millennial finance platform Stack Finance has raised an undisclosed seed funding from SOSV and MOX (Mobile Only Accelerator). The funding round also saw participation from AngelList India and IIIT Hyderabad Seed fund along with prominent angel investors including Ajith Karimpana (Founder and CEO of Furlenco), Rohit Chanana (former president of […]
To Support Entrepreneurship Across India Ritesh Agarwal Joins Venture Catalysts
To help the Indian startup ecosystem to flourish and help India become ‘atma nirbhar’, Ritesh Agarwal (founder and CEO of Oyo Rooms) will work as an advisor and mentor with Mumbai-based incubator Venture Catalysts (VCats). Ritesh Agarwal will work with Dr. Apoorv Sharma (Founder of VCats) to promote entrepreneurship across […]
Delhi-NCR Based FoodTech Startup ‘Daalchini’ Raises Rs 5 Crore In Pre-Series A Funding
Delhi-NCR based FoodTech startup Daalchini has raised Rs 5 crore in a pre-Series A funding round led by Artha Venture Fund (AVF). The funding round saw participation from angel investors, including Ajay Kaul (former CEO of Jubilant Foodworks), Narendra Karnavat, Amit Lakhotia, Ashutosh Valani and Priyank Shah (Co-founders of Beardo), and […]
SaaS Startup Anchanto Raises US$12.1 Million In Series C Funding Round
Anchanto, a B2B software-as-a-service (SaaS) startup, has raised US$12.1 million (Singapore $16.6 million) in its ongoing Series C round. This funding round included investors like Asendia and MDI Ventures. As per the startup, it plans to use the funding amount to strengthen its R&D portfolio to launch 2 new products, […]
Business Accelerator ‘Turbostart’ To Invest Up To Rs 50 Crore In 25 Startups
To help innovators overcome the hurdles of scaling up, Turbostart has announced the second series of funding round, Cohort II. Turbostart, in Cohort II, will provide startups with a corpus of Rs 50 crore. Beginning from August 15, Turbostart will select 25 startups in this round and will fund up to Rs […]
Small Business Lending Platform ‘U GRO Capital’ Raises Rs 400 crore
Technology-focused small business lending platform U GRO Capital has raised about Rs 400 crore from banks and through other debt instruments. The company has raised money as it expects an increase in credit demand with the coronavirus-induced lockdown getting lifted in most parts. U GRO Capital Limited, formerly known as […]
Indian SpaceTech Startup ‘Skyroot Aerospace’ Successfully Test-Fires Upper-Stage Rocket Engine
Hyderabad-based SpaceTech startup Skyroot Aerospace has successfully tested an upper-stage rocket engine, Raman, named after Nobel laureate CV Raman. With this, Skyroot Aerospace became the first Indian private company to build a homegrown rocket engine. The engine Raman has fewer parts and weighs lesser than a conventional rocket engine. Backed […]
Mumbai Based FinTech Startup Eduvanz Raises $5 Million In Series A Funding
Mumbai-based FinTech Startup Eduvanz has raised $5 million in Series A funding, led by Sequoia India. The funding round also saw participation from Eduvanz ‘s existing investor, Unitus. As per the startup, it plans to use the funding amount to provide a seamless borrower experience with secure, scalable, innovative, and […]