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2 mins read

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   


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2 mins read

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   


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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   


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4 mins read

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…

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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   


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4 mins read

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…

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2 mins read

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   


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3 mins read

I raised $1 million for my tech startup by taking Zoom meetings in my high-school bathroom

Eric Zhu, now 17, cofounded Aviato. He dropped out of high school and moved to San Francisco to ru…

Jyoti Mann   


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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   


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3 mins read

Budget 2024 to fuel stock markets: Bloomberg Survey

Many are expecting the government to raise the standard deduction threshold from the current Rs 50,…

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2 mins read

BSE denies tech glitch on June 4; lag in payment receipt from banks led to delayed mutual fund NAV

Several investors purchased their mutual funds before the cut-off time, although they were assi…

PTI   


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1 min read

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   


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5 mins read

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

Dan DeFrancesco   


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3 mins read

Top MBAs are flocking to search funds. One Harvard grad explained why he founded a $530,000 fund to buy tech companies.

Compared with private equity or venture capital, search fund founders get instant leadership experi…

Shubhangi Goel   


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1 min read

Former CEO of buzzy tech startup hit with prison time for fraud

Prosecutors said the sentence of ex-Headspin CEO Manish Lachwani is a warning to other "fake it til…

Grace Eliza Goodwin   


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4 mins read

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…

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2 mins read

Energy-tech start-up Exponent Energy secures $26 million in a series B funding

Exponent Energy, an innovative energy-tech startup working at 15-minute fast charging and introduci…

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6 mins read

How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot

With the IPO market set to rebound, startups should make certain hires and enhance financial transp…

Alistair Barr   


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4 mins read

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…

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3 mins read

Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry

The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …