Advertisements The Uttar Pradesh government is teaming up with local agriculture industry leaders to support agritech startups and use artificial intelligence in farming. The government plan to hold a global farming summit called ‘Krishi Bharat’ in November, in partnership with… Read More ›
Startups
Novo Holdings To Invest $200 Mn In Quantum Computing Startups
Advertisements Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest around USD 200 million in quantum computing startups, according to media reports. The investment arm of the Novo Nordisk Foundation, has 77 per cent of… Read More ›
CII Unveils New Corporate Governance Guidelines For Startups
Advertisements The Confederation of Indian Industry (CII) has created a set of guidelines for startups to improve how they are managed. It offers advice on corporate governance tailored for startups and provides guidelines for the different stages of a startup’s… Read More ›
Indian Deeptech Startups File Over 900 Patents Since 2008: Report
Advertisements India’s deep tech startups have filed more than 900 patents since 2008 in areas like artificial intelligence (AI), Internet of Things (IoT) and neurotechnology. A study by technology industry body Nasscom revealed that 580 patents were filed in AI,… Read More ›
FirstCry To Withdraw Its Papers For IPO Worth $500 Mn: Report
Advertisements FirstCry to withdraw its documents for an IPO worth up to USD 500 million as early as next week, according to media reports. This comes after India’s markets regulator raised concerns about important information it provided to investors. FirstCry,… Read More ›
NIIF Invests $200 Mn In iBus
Advertisements National Investment and Infrastructure Fund (NIIF) invested about USD 200 million in iBus Network and Infrastructure (iBUS), a digital infrastructure solutions company in India, through NIIF’s Master Fund to support the growth of India’s digital infrastructure. According to the… Read More ›
Mumbai-based Cornerstone Ventures Firm Launches Second $200 Mn Fund For B2B Tech Startups
Advertisements Cornerstone Ventures, based in Mumbai, has launched its second fund to invest $200 million in B2B enterprise-tech startups. The firm plans to invest $5 million to $15 million in early-growth stage and scaled startups. This fund will focus on… Read More ›
Kalaari Capital, Others Invest $1.8 Mn In Aeria
Advertisements Aeria raised USD 1.8 million in pre-seed funding. The funding was led by Kalaari Capital and Foundamental along with AC Ventures, AL Trust and others. Aeria, founded by former co-founder of OxfordCaps, Priyanka Gera and IIM alum Piyush Kateja,… Read More ›
Startups To Net $8-10 Mn This Year: Peak XV’s Ranjan Anandan
Advertisements Indian startups are expected to raise USD 8 to USD 12 billion this year, with around USD 20 billion of private capital available for investment. The investment run rate in Indian startups has increased significantly, reaching USD 60 billion… Read More ›
Techmint Posts Rs 180 Cr Loss In FY23
Advertisements Bengaluru-based edtech startup Teachmint’s net loss reached nearly Rs 200 crore in the financial year ending on 31 March 2023. The company reported a net loss of Rs 180.7 crore in FY23, up 37 per cent from Rs 131.6… Read More ›