Startups in India Articles
Private equity-venture capital investments decline 15% to $6 billion in Q3 FY23: report
The PE-VC investment figures for the first nine months of 2023 at $23.6 billion (across 542 deals) came in 38% lower compared to the same period in 2022 (which saw $38.1 billion being invested across 1,141 deals).
Private equity-venture capital investments decline 15% to $6 billion in Q3 FY23: report
The PE-VC investment figures for the first nine months of 2023 at $23.6 billion (across 542 deals) came in 38% lower compared to the same period in 2022 (which saw $38.1 billion being ...
Indian startup funding at five-year low in Q3: Tracxn
The report, dated Wednesday (September 27) further indicated a 33% reduction in late-stage funding rounds, and drastic declines of 74% and 75% in early-stage and seed-stage funding, ...
VC funding for India start-ups plummets by 71.5%
VC funding in India plunges 71.5% to $4.9B Jan-Aug 2023; deal volume down 42%. GlobalData: Investor caution, macroeconomic challenges, geopolitical conditions dent investor sentiment. ...
Investments by PE-VC halve YoY in Sept quarter
India Business News: CHENNAI: Private Equity-Venture Capital (PE-VC) funds invested $6 billion across 139 deals in India during the quarter ended September 2023 - almost h.
Young techie scores dream internship in Bengaluru startup via online challenge; here's how
Ayush, a tech enthusiast recently accepted an internship as a Frontend Engineer at the Bengaluru-based startup, Dukaan.
Freelancers, startups drive demand for co-working spaces in Bengaluru
Flexible offices or co-working spaces are coming in handy for startups as they save a huge investment of renting, leasing or purchasing the office space. They provide office space as per ...
‘Bengaluru legendary dosa joints are OG Shark Tanks,’ says Shark Tank India's new judge Ritesh Agarwal
On X, Agarwal shared a picture of himself in one of Bengaluru’s legendary tiffin centres eating 'Benne Dosa'
The harsh ‘reality’ facing real money gaming firms, and other top tech, startup stories this week
The gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the sector. One of the notices, amounting to an ...
Discounts to light up ecommerce festive fever; Intel India gets new president
With the festive season just weeks away, online marketplaces are lining up steep discounts to cash in on the customer demand for smartphones, electronics and FMCG products.
Gaming startup QuriousBit raises $2 million in funding from Lumikai, General Catalyst
The funds will be used to expand the team size, currently at seven, in product and system development and in marketing its games. QuriousBit did not disclose the valuation at which the firm ...
Meet the high-flyer in India’s drones club
ideaForge has quickly become the biggest pure-play company in India’s nascent drone manufacturing industry
ETtech Deals Digest: September brings some cheer as funding more than doubles sequentially
As the sequential rise provided a respite during a funding decline, September fared relatively better in terms of year-over-year comparison, down only about 8% from the total deal value in ...
New India CEO to cut Byju’s down to size; eGaming cos term GST demand “retrospective”
Byjus new India CEO is setting about cleaning house with no stone unturned. Within a week of taking over, Arjun Mohan is planning to merge verticals and prune staff strength by a third – ...
ET Startup Awards 2023: Ministers Piyush Goyal, Rajeev Chandrasekhar to grace awards
Startup founders as well as investors attending the exclusive event can also expect key updates on important upcoming legislations; including the ecommerce policy as well as the recently ...
Zerodha sets valuation at Rs 30,000 crore; Third Wave Coffee secures fresh funding
Nithin Kamath, cofounder & CEO, Zerodha, said they value the stockbroking company at 10 to 15 times of its profit after tax (PAT). This and more in todays packed edition of ETtech Top 5
Startup funding has not dried up, just turned discerning: Sanjeev Bikhchandani
Investors are signaling to startups to become profitable. While funding has become more discerning, there is still funding available, albeit at slower rates. Info Edge's Sanjeev ...
Here are top-20 startups on the rise in India in 2023, according to LinkedIn
Indian startups thrive despite economic challenges, with space tech, AI, and EV companies leading the way, says LinkedIn.
Banks plan to come up with separate rating framework for risk profiling startups, says report
In a bid to boost credit disbursement, banks are mulling over to form a separate rating framework for risk profiling of startups
Govt rules out review of egaming GST notices; WestBridge to buy secondary stake in Meesho
Online gaming firms arent getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal ground, Central Board of Indirect Taxes and Customs ...
MediaNama Daily: RBI Does Not Have Any Statistics On The Usage Of The Digital Rupee: RTI
The Reserve Bank of India (RBI) does not have any statistics on the usage of the retail digital rupee (e-rupee), an RTI response revealed.
Voda Idea's survival is vital for Indus Towers' growth: Bharti Ent VC Akhil Gupta
Akhil Gupta, the vice chairman of Bharti Enterprises, has stated that the survival of cash-strapped Vodafone Idea is crucial for the growth of Indus Towers, in which Bharti Airtel has the ...