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DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024
Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…
PTI
Startups demand angel tax elimination, incentives on investments in upcoming budget
Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…
ANI
Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups
India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…
Aereo, India's leading commercial drone solutions startup, secures USD 15 million in Series B funding round
The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.
ANI
Defence ministry allocates Rs 300 cr for technology development fund to promote Make in India products
The Ministry of Defence has sanctioned over Rs 300 crore through its Technology Development Fund (T…
ANI
Record drop in future unicorns as funding winter, regulatory actions bites startup valuations
The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …
PTI
AI startup Neysa raises $20 mn from Matrix Partners, Nexus Venture Partners & more
AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million…
Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West
Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…
Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF
The USISPF said this action creates parity between domestic and foreign players and will be an impo…
PTI
Founders that pitch on Shark Tank can do better than those who come from IIT or IIM, says Anupam Mittal
Unlike elitist founders who are used to being served everything on a platter, the aspirants on Shar…
Chris Kirchner, founder of Goldman Sachs-backed Slync, was sentenced to 20 years for fraud and laundering startup funds
Chris Kirchner, a startup founder convicted of defrauding investor was sentenced to 20 years in fed…
Emma Cosgrove
A 'thaw in startup funding winter' as two unicorns emerge within a quarter
The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
Startups in 2024: Innovation can't override a profitable bottom line
In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…
Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’
It has been a tough few years for India’s flagship entertainment industry, Bollywood! Very few movi…
Saudi Arabia is reportedly funding a Chinese startup that aims to take on OpenAI
A Saudi Arabian fund recently became the sole foreign investor in Zhipu AI, a Chinese startup that …
Beatrice Nolan
2023: The year that startups started to grow up
The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…
With the onset of funding winter, founders are now better behaved, says Mukul Gulati of Zephyr Peacock
With the go-go days of funding behind us, private equity players say that founders are no longer be…
SCOPE launches $45 million venture capital fund for fintech, gaming sectors
SCOPE, an invite-only networking platform for the startup ecosystem, on Tuesday announced the launc…
PTI
How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror