• STARTUPS
    [Weekly funding roundup] Startups raise over $200M, Nykaa and Blackbuck become soonicorns with valuations shy of $1B

    In the first week of April, startups raised $210.23 million across 23 deals. Of this, $79.37 million was swept up by B2B logistics startup Blackbuck, making it a ‘soonicorn’ with a valuation close to $850 million -$900 million. Online beauty platform Nykaa too attained ‘soonicorn’ status by raising Rs 100 crore ($14 million) from Singapore-based TPG Growth IV SF, at […]

  • STARTUPS
    Two startups use new-age tech to  help connect artists with enthusiasts

    We profile two tech startups that are using technology to solve very different problems. Bounce:urban mobility solutions As a technology-focused startup, Bounce is a smart dock-less urban mobility solutions player. “By combining both hardware and software to address real-time issues and leveraging new-age technologies such as the Internet of Things, artificial intelligence (AI) and machine […]

  • STARTUPS
    Funding in Indian startups this week (25 Mar-30 Mar)

    This week 19 Indian startups received funding, of which 15 received a total sum of about $222 million. Among them, Bigbasket raised the highest funding of about $150 million followed by Box8 which raised about $15 million. Meanwhile, funding for 4 of the total funded startups remained undisclosed. Below is the summary of deals closed […]

  • STARTUPS
    World’s biggest AI startup exploring cars, expansion

    HONG KONG: SenseTime Group, the world’s most valuable artificial intelligence startup, plans to sustain growth by expanding globally and diving deeper into arenas from autonomous cars to healthcare. The company counts education, self-driving vehicles as well as surgery and diagnostics among areas ripe for commercialising AI, managing director Esther Wong said. It’s now actively seeking out investments in fellow […]

  • STARTUPS
    How startups are leveraging deep tech knowledge to power ahead

    Geeta Manjunath turned entrepreneur in the backdrop of a tragedy. In 2017, a cousin she was really close to succumbed to breast cancer at a relatively young age. Breast cancer is the most commonly occurring cancer in women and the second most common worldwide. Gopinath, who has a PhD in computer science from the Indian […]

  • STARTUPS
    HNIs may get to invest tax free in Startups

    Are you a high net worth individual looking to make new tax free investments? You may soon be able to do that by investing in start ups and pay no angel tax. This is what one wing of the Narendra Modi government is working towards, convinced this will help achieve goals under Startup India, Digital India, boost entrepreneurship and also make […]

  • STARTUPS
    Startups facing angel tax notices may get relief this week

    MUMBAI: The startups that have already received angel tax notices, and were kept out of the recent relaxation in norms, are set to get some relief this week, said two people with direct knowledge of the matter. This will apply to situation in which valuations were challenged or the source of funding was questioned. The Central Board of Direct […]

  • STARTUPS
    Startups welcome new Angel tax norms, but there are many other issues!

    At a time when the government has been trying to give an impetus to innovation and entrepreneurship through its initiatives such as Digital India, Make in India and a host of other drives, Tuesday’s announcement by Union Minister of Commerce and Industry Suresh Prabhu gave a much needed breather to startups and new age businesses […]