Startups: News
17 Feb 2025
Indian Institute of Technology-MadrasChennai start-up bags $1B deal to supply electric air ambulances
Indian electric aircraft start-up, The ePlane Company, has bagged a deal worth over $1 billion to supply 788 air ambulances.
15 Feb 2025
Elon MuskMusk-led xAI in talks to raise $10B at $75B valuation
Elon Musk's artificial intelligence start-up, xAI, is said to be in talks to raise $10 billion in a funding round.
12 Feb 2025
Artificial Intelligence and Machine LearningThis Coimbatore-based AI start-up is rewarding employees with ₹14cr bonus
Kovai.co, a Coimbatore-based artificial intelligence (AI) start-up, has recently shared a whopping ₹14 crore bonus with its 140 employees.
11 Feb 2025
Physics WallahEdtech giant Physics Wallah raising $26M at $3.7B valuation: Report
Leading edtech start-up Physics Wallah is raising $22-26 million in a secondary funding round, as per HT Mint.
08 Feb 2025
BusinessForget groceries, get humans 'delivered' in just 10 minutes!
In a first, an Indian start-up Topmate.io has launched an interesting service that promises a 10-minute "delivery" of experts who can guide you in real-time and answer your queries.
08 Feb 2025
United States of AmericaDefense start-up Anduril wants to raise $2.5B at $28B valuation
Anduril, a top defense technology company, is said to be in talks for a new funding round of as much as $2.5 billion.
08 Feb 2025
Artificial Intelligence and Machine LearningOpenAI co-founder Ilya Sutskever's AI start-up eyes $20B valuation
Safe Superintelligence (SSI), an AI start-up co-founded by OpenAI's former chief scientist Ilya Sutskever, is in talks to raise funds at a valuation of at least $20 billion, according to Reuters.
07 Feb 2025
BusinessAll about lease financing in India
Lease financing is booming in India, emerging as the go-to option for businesses aiming to optimize their asset management and financial strategies.
04 Feb 2025
BusinessGood Glamm Group co-founder launches lab-grown diamond brand in India
Priyanka Gill, a seasoned entrepreneur and ex-venture partner at Kalaari Capital, has launched a new business venture, COLUXE.
27 Jan 2025
Unified Payments Interface (UPI)Juspay poised to become 2025's first unicorn with $150M funding
Juspay, a leading fintech infrastructure company, is set to become the first unicorn of 2025.
25 Jan 2025
Artificial Intelligence and Machine LearningAI voice firm ElevenLabs raises $250M at over $3B valuation
New York-based synthetic voice start-up ElevenLabs has raised a whopping $250 million in a Series C funding round.
25 Jan 2025
Sam AltmanSam Altman-backed start-up is raising $1B to extend human lifespan
OpenAI CEO Sam Altman backs Retro Biosciences, a San Francisco-based biotech start-up that wants to extend human lifespan by 10 years beyond what it describes as a healthy lifespan.
21 Jan 2025
FinanceIndia turns ideas into currency: Loans backed by IP rights
Imagine funding your next big business idea by leveraging your creativity!
23 Jan 2025
SpotifySpotify co-founder's health-tech venture Neko raises $260M at $1.B valuation
Neko Health, a Swedish health-tech start-up co-founded by Spotify's Daniel Ek, has raised an impressive $260 million in a Series B funding round.
19 Jan 2025
Bengaluru'Shunya' air taxi, with 30km range, goes official in India
Bengaluru-based aerospace start-up Sarla Aviation has unveiled its futuristic air taxi prototype 'Shunya.'
18 Jan 2025
RapidoRapido plans to expand services across 500 Indian cities
Mobility start-up Rapido, which is backed by WestBridge, has announced an ambitious expansion plan to extend its services across 500 cities in India.
17 Jan 2025
Government of IndiaGreen is the new gold: Financing India's eco-startups
India is currently experiencing a wave of eco-innovation. Startups across the country are harnessing the power of green technology to tackle pressing environmental issues.
17 Jan 2025
IndiaSeven Indian space start-ups selected for Indo-US defense program: Report
Seven Indian start-ups have been selected for a first-of-its-kind India-US space and defence collaboration program, reported Reuters, citing people familiar with the sources.
16 Jan 2025
FlipkartNational Start-up Day 2025: These are India's top 10 unicorns
On January 16, India observes National Start-up Day, a day dedicated to recognizing the innovation and creativity that drives the growth of start-ups across the country.
16 Jan 2025
BusinessTexas start-up—on a mission to bring back extinct animals—raises $200M
Colossal Biosciences, a leader in the emerging field of de-extinction, has raised $200 million in a Series C funding round.
16 Jan 2025
AmazonAmazon acquires Indian fintech firm Axio to expand credit services
Amazon has announced its acquisition of Axio, an Indian 'buy now pay later' start-up.
15 Jan 2025
Space NewsMeet 'Firefly': India's 1st private earth imaging satellite constellation
Bengaluru-based space start-up Pixxel has launched India's first private earth imaging satellite constellation.
15 Jan 2025
NVIDIANVIDIA invests in start-up that creates digital twins using AI
NVIDIA, the global leader in artificial intelligence (AI) chips, has invested in MetAI, a Taiwanese start-up focused on AI-powered digital twins.
14 Jan 2025
Initial Public Offering (IPO)Urban Company to file papers for ₹3,000cr IPO by March
Urban Company, a top home services start-up, is gearing up to file draft papers for a ₹3,000 crore initial public offering (IPO).
13 Jan 2025
BengaluruIndian fintech start-ups raised $1.9B in 2024, down 32% YoY
Indian fintech start-ups raised a total of $1.9 billion in funding last year, according to Tracxn's annual Fintech Report.
11 Jan 2025
IndiaPerplexity AI plans expansion in India, announces new hiring initiative
Perplexity AI, an artificial intelligence (AI)-powered search start-up, is gearing up to expand its presence in India.
09 Jan 2025
KeralaBeyond Snack—backed by Ashneer Grover and Aman Gupta—raises $8.3M
Beyond Snack, a leading snacking brand out of Kerala, has raised $8.3 million in a Series A funding round.
09 Jan 2025
BusinessEV ride-hailing start-up BluSmart to raise $50M at $335M valuation
Leading electric vehicle ride-hailing platform BluSmart is on course to raise $50 million in its latest funding round.
06 Jan 2025
Consumer Electronics Show (CES)CES 2025: This solar-powered EV prototype promises 644km of range
Once a defunct start-up, Aptera has unveiled a new "production-intent" solar-powered electric vehicle (EV) at CES 2025.
05 Jan 2025
Reliance RetailWhy Reliance Retail wrote off its $200M investment in Dunzo
Reliance Retail, the biggest backer of hyperlocal delivery start-up Dunzo, has written off its $200 million investment.
04 Jan 2025
United States of AmericaThis Indian-origin CEO is world's highest-paid employee, earns ₹48cr daily
Jagdeep Singh, the founder and former CEO of US-based QuantumScape, has been named the world's highest-paid employee.
03 Jan 2025
Hindustan Unilever LimitedHUL in talks to acquire skincare start-up Minimalist for ₹3,000cr
Hindustan Unilever (HUL) is said to be in advanced talks to acquire the direct-to-consumer skincare start-up, Minimalist.
03 Jan 2025
Initial Public Offering (IPO)Meet 7 new billionaires minted by India's 2024 IPO surge
India saw an unprecedented IPO boom in 2024, raising a staggering ₹1.66 lakh crore. This is nearly three times the amount raised last year.
02 Jan 2025
LifestyleStartup growth accelerates with India's tax-Friendly policies
India's startup ecosystem is on fire, with government-backed initiatives lighting the way for entrepreneurs to innovate and thrive.
01 Jan 2025
FlipkartSwiggy and Flipkart-backer Accel raises $650M for 8th India-focused fund
Accel, a top global investment firm, has raised $650 million for its eighth India-focused fund.
27 Dec 2024
BusinessNazara increases stake in subsidiary Absolute Sports with ₹73cr investment
Leading gaming platform company Nazara Technologies has announced that it has acquired an additional 10.26% stake in its subsidiary Absolute Sports.
26 Dec 2024
BusinessOnce a unicorn, PharmEasy is now valued at just $450M
PharmEasy, one of the leading Indian online pharmacies, has witnessed a major drop in its valuation.
26 Dec 2024
EmploymentIndian start-ups have created 1.6M jobs, says government
The Department for Promotion of Industry and Internal Trade (DPIIT) revealed that start-ups in India have created more than 1.6 million jobs.
23 Dec 2024
Deepinder GoyalIndia's leading self-made billionaires back Aakash Chaudhry's new edtech venture
Aakash Chaudhry, the co-founder of Aakash Educational Services Limited (AESL), has managed to raise $4 million (roughly ₹34 crore) for his new online tutoring platform, Sparkl Edventure.
22 Dec 2024
BusinessEpigamia co-founder Rohan Mirchandani (41) dies due to heart attack
Rohan Mirchandani, the co-founder of popular Greek yogurt brand Epigamia, has sadly passed away at the age of 41. The news was confirmed by multiple sources to Moneycontrol.
19 Dec 2024
BusinessStart-up behind Faasos, Wendy's, and SLAY secures funding from KKR
Rebel Foods, India's leading cloud kitchen start-up, has raised an undisclosed amount of funding from American global investment firm KKR (Kohlberg Kravis Roberts & Co.).
19 Dec 2024
Artificial Intelligence and Machine LearningPerplexity's valuation hits $9B as ChatGPT rival secures fresh funding
Perplexity AI, one of the leading players in the artificial intelligence (AI) space, has had its valuation skyrocket to an impressive $9 billion after its latest funding round.
18 Dec 2024
GurugramMeet Zing: An app leveraging AI for 10-minute food deliveries
Zing, a new entrant in the fast-paced food delivery segment, has launched its services in Gurugram.
14 Dec 2024
Kajal AggarwalWill Smith to join Vishnu Manchu's $50M tech venture: Report
Hollywood actor Will Smith is reportedly in advanced talks to join Tarang Ventures, a new initiative by Telugu actor-producer-educationist Vishnu Manchu, reported Gulte.
12 Dec 2024
BusinessStart-up behind 'Faasos' and 'Behrouz Biryani' secures $210 million funding
Rebel Foods, the cloud kitchen start-up behind popular brands such as 'Faasos' and 'Behrouz Biryani,' has raised $210 million in a Series G funding round.
11 Dec 2024
Deepinder GoyalDeepinder Goyal's 'Shark Tank' exit not linked to Swiggy: Makers
The producers of the popular reality show, Shark Tank India, have finally broken their silence over the raging controversy of Zomato CEO Deepinder Goyal's exit from its fourth season.
11 Dec 2024
India70% women entrepreneurs face difficulty in attracting talent: CXXO report
A recent study by Kalaari Capital, under its CXXO program, sheds light on the changing face of female entrepreneurship in India.
10 Dec 2024
AmazonAmazon eyes exports worth $80 billion from India by 2030
Amazon has announced a major expansion of its export commitment from India, promising to enable $80 billion in cumulative exports by 2030.
10 Dec 2024
Layoff NewsYesMadam denies firing stressed employees, calls it awareness campaign
Noida-based beauty services start-up YesMadam has denied allegations of firing employees over work-related stress.
26 Nov 2024
Artificial Intelligence and Machine LearningHyderabad-based start-up to launch India's 1st AI lab in space
Hyderabad-based space technology start-up TakeMe2Space is gearing up to launch India's first artificial intelligence (AI) lab in space.
19 Nov 2024
Tiger GlobalAfter 18 months, Tiger Global resumes investments in Indian start-ups
Tiger Global, the once-prolific investor synonymous with mega-deals and rapid unicorn creation, is exhibiting renewed interest in the Indian start-up ecosystem.
