Startup Funding

Startup Funding News

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle
Business

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle

Funding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report
Business

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report

Indian tech-led startups attracted funding worth $2.5 billion in the first quarter of 2020, a 14 percent rise compared to the same period last year, a report by research and consulting firm HexGn said

Life Science startups in India are plagued with funding challenges, new report finds
science

Life Science startups in India are plagued with funding challenges, new report finds

82% of these startups offer more affordable, accessible & efficient products & services using emerging tech.

How incubators and accelerators are changing the game for Indian startups
News & Analysis

How incubators and accelerators are changing the game for Indian startups

India is witness to more than 100 accelerators and incubators across the country, stepping in, to try and cherry-pick the most viable startups.

Stayzilla arrest makes India worst place for startups: Prominent entrepreneurs' letter to Rajnath Singh
Business

Stayzilla arrest makes India worst place for startups: Prominent entrepreneurs' letter to Rajnath Singh

"If ever there's a right to be an entrepreneur, that's clearly been violated. Period," the letter says

Indian startups should focus on sustainability, stop chasing Unicorn tag
Business

Indian startups should focus on sustainability, stop chasing Unicorn tag

Just getting the valuation and funding is no guarantee that the Unicorn status will remain

Homestay aggregator Stayzilla shuts shop; founder laments vanity metrics like GMV
Business

Homestay aggregator Stayzilla shuts shop; founder laments vanity metrics like GMV

We could not even recoup what we put in, necessitating very large capital requirement simply to sustain growth, Stayzilla founder Yogendra Vasupal said in a blog post

Why startup nationalism in India makes sense in the age of Trump
Startup

Why startup nationalism in India makes sense in the age of Trump

In India's new startup war involving global wannabes and local "Unicorn" entrepreneurs with companies that involve market valuation in excess of one billion US dollars, the answer to "Who will win the e-commerce war?" may well be: "the one that has better Indians."

Founder shuts down startup pitching platform Shotpitch for reason
Business

Founder shuts down startup pitching platform Shotpitch for reason "beyond our control"

Had Prashant Sharma been a bit more forthright on the reasons for shutting the operations, it could have been indeed helpful for many others who are on the brink of starting up

ABB sees exciting opportunities in Indian startups; may look at M&As
Business

ABB sees exciting opportunities in Indian startups; may look at M&As

ABB believes it is ideally positioned to work with prime minister Narendra Modi's Make in India programme to improve the India's competitiveness

Flipkart confirms at least 700 lay-offs to cut costs, says it's a 'common practice'
Business

Flipkart confirms at least 700 lay-offs to cut costs, says it's a 'common practice'

The development comes as Flipkart is facing falling valuation after T Rowe Price shed the value of its holding in the company for the second time this month

Karnataka unveils booster kit, Rs 400 cr funding for start-ups
Business

Karnataka unveils booster kit, Rs 400 cr funding for start-ups

Karnataka government has also set up a cell in KBITS to implement policy initiatives and provide incentives for incubating start-ups

No hiccups for startups: 30% rise in funding and investors still bullish
Business

No hiccups for startups: 30% rise in funding and investors still bullish

Q1’16 got off to a good start with eCommerce marketplace Shopclues making it to the billion dollar club after raising funds from GIC and existing investors Tiger Global and Nexus Venture Partners.

After Morgan Stanley, now T Rowe Price devalues Flipkart stake by 15%
Business

After Morgan Stanley, now T Rowe Price devalues Flipkart stake by 15%

There is more trouble brewing on the start-up front. Layoffs have become the name of the game.

Five questions about PM Modi's big startup splash
Business

Five questions about PM Modi's big startup splash

There is indeed a need to tread with caution

Big leap forward? PM Modi to unveil action plan for startups on Saturday
Business

Big leap forward? PM Modi to unveil action plan for startups on Saturday

Firstpost is running a series of articles by experts in the industry on their outlook for the sector