Startups: News

03 Sep 2024

Space News

Space start-up seeks ₹50cr funding, projects ₹100cr revenue next fiscal

SpaceZone India, a Chennai-based space technology start-up, launched its first reusable hybrid rocket, Rhumi-1 last month.

03 Sep 2024

X

Start-up co-founder makes credit card public; this happened next

Rahul Krishnan, the co-founder of sexual wellness start-up Bold Care, recently shared his credit card details on X.

02 Sep 2024

Solar Energy

Billionaire Nithin Kamath backs start-up democratizing access to solar energy

Billionaire Nithin Kamath, the co-founder of Zerodha, has announced an investment in SundayGrids, a Bengaluru-based start-up focused on addressing India's solar power harvesting challenges.

02 Sep 2024

Meta

Meesho taps Meta veteran Mohit Rajani to lead product division

Indian e-commerce start-up, Meesho, has appointed former Meta executive Mohit Rajani as its new Chief Product Officer (CPO).

30 Aug 2024

Indian Government

India becomes leading hub for drone start-ups, outpacing UK, China

India has surpassed the UK and China as a preferred destination for drone start-ups, according to a recent analysis by Moneycontrol.

26 Aug 2024

San Francisco

San Francisco remains top choice for AI start-ups in 2024

San Francisco continues to be a magnet for artificial intelligence (AI) start-ups in 2024, attracting both local and international founders.

25 Aug 2024

Business

TPG to invest $150M in Indian edtech start-up Eruditus

Eruditus, an Indian edtech start-up, is reportedly on the verge of securing a significant investment from TPG, a major private equity player.

24 Aug 2024

Zydus Cadila

Zydus Lifesciences to acquire 50% stake in Sterling Biotech

Zydus Lifesciences has announced its intention to acquire a 50% stake in Sterling Biotech.

23 Aug 2024

Business

Parth Jindal invests in PadelPark India to boost padel sports

PadelPark India, the country's leading platform for the sport of padel, has raised an undisclosed amount from a clutch of investors, including Parth Jindal.

22 Aug 2024

Meta

Chinese start-ups challenging Meta's Ray-Ban smart glasses with affordable alternatives

Chinese technology companies are making significant strides in the smart glasses market, following the success of Meta's Ray-Ban smart glasses.

16 Aug 2024

Tiger Global

$100M start-up shuts shop with $250K fire sale 

LogiNext Solutions, a logistics software-as-a-service (SaaS) start-up based in Mumbai and New Jersey, has undergone a dramatic shift in its operations.

15 Aug 2024

Google

Did Google censor Eric Schmidt? Ex-CEO's controversial video suddenly disappears

A video featuring Google's former CEO Eric Schmidt criticizing the tech giant's remote work policy, has disappeared.

14 Aug 2024

Sachin Tendulkar

Sachin Tendulkar launching sports athleisure brand to take on Nike 

Cricket legend Sachin Tendulkar is launching a sports athleisure brand.

12 Aug 2024

Freshworks Inc.

Freshworks boss bats for founders taking money in secondary sale

Girish Mathrubootham, the founder and Executive Chairman of Freshworks, has endorsed the idea of start-ups founders participating in secondary share sales.

08 Aug 2024

Business

Palmer Luckey's start-up raises $1.5B in year's largest funding round

Anduril, a prominent defense tech start-up by Palmer Luckey, the billionaire behind Oculus VR, has successfully raised $1.5 billion in a recent funding round.

08 Aug 2024

Airbus

UK space start-up plans to sell astronomy data via subscription

Blue Skies Space, a UK-based start-up, has revealed plans to launch its inaugural satellite named Mauve.

03 Aug 2024

Layoff News

ShareChat raises $16 million while axing 5% of its workforce

ShareChat, a social media platform backed by Google and Temasek, has secured $16 million in funding while simultaneously reducing its workforce by approximately 5%.

31 Jul 2024

TikTok

This start-up can build travel itineraries from screenshots, YouTube videos

AI-driven travel agent start-up, Mindtrip, has introduced a feature that transforms online content into detailed travel itineraries.

Pocket FM using AI to turn scripts into audio content

Pocket FM, a prominent audio-streaming platform in India, has partnered with ElevenLabs, an American AI start-up specializing in text-to-speech technology.

30 Jul 2024

Kriti Sanon

Kriti Sanon-backed skincare brand eyeing ₹500cr revenue by 2027

Hyphen, a skincare brand co-founded by PEP Technologies and Bollywood actor Kriti Sanon, has completed its first year of operations with a revenue of ₹100 crore.

29 Jul 2024

India

Rapido joins India's unicorn club after fresh $120 million funding

Rapido, an Indian ride-hailing platform, has achieved unicorn status after securing $120 million in fresh capital.

28 Jul 2024

Google

This Google-funded start-up allegedly stole YouTube videos for AI training

Runway, an AI start-up backed by Google, is facing accusations of using pirated content and unauthorized YouTube videos to train its Gen-3 Alpha video generation tool.

26 Jul 2024

Business

'Rich brats fighting online': All about Silicon Valley's latest fued

David Sacks, a prominent venture capitalist, and Parker Conrad, founder of Rippling, have reignited a decade-old feud on social media platform X.

26 Jul 2024

Business

Once worth $1B, this company now struggles to pay fine

Once valued at over $1 billion, video-sharing platform Cameo is now grappling with financial difficulties and is unable to pay a $600,000 fine.

23 Jul 2024

Nirmala Sitharaman

Budget 2024 abolishes 'Angel tax' in India: Why it matters

In a major move for the Indian startup ecosystem, Finance Minister Nirmala Sitharaman has announced the complete abolishment of Angel tax.

22 Jul 2024

Business

How this couple's app idea turned into a ₹400cr deal

Anupam and Anshu Dhanuka, the husband-and-wife duo behind the popular children's learning app Kiddopia, are set for a windfall.

19 Jul 2024

Google

Google to make huge investment in this Indian AI company

Google is spearheading a funding round for AI-powered Indian software company Glance InMobi Pte, which could make it raise up to $250 million in the coming weeks, according to Bloomberg.

18 Jul 2024

Augmented Reality

'Godmother of AI' Fei-Fei Li launches billion-dollar startup

Fei-Fei Li, a distinguished computer scientist often dubbed as the "godmother of AI," has established an AI startup named World Labs.

17 Jul 2024

Anthropic

How Anthropic's new $100 million fund will boost AI-focused start-ups

AI start-up Anthropic, and Silicon Valley venture capital firm Menlo Ventures, have announced a partnership to establish a $100 million initiative named "the Anthology Fund."

16 Jul 2024

Space News

These start-ups will conduct stratospheric balloon rides for space tourism

Three start-ups are set to revolutionize space tourism by offering stratospheric balloon rides.

Rabbit r1 secretly stored user data that cannot be deleted

Rabbit, the start-up responsible for the r1 device, has recently disclosed that its AI assistant has been clandestinely storing user chats that cannot be deleted.

16 Jul 2024

Bengaluru

Google backs Uber-rival Namma Yatri in $11 million funding round

Moving Tech Innovations Ltd, the Bengaluru-based company that operates community-led mobility apps including Namma Yatri, has secured $11 million in a pre-Series A funding round.

15 Jul 2024

Gurugram

MS Dhoni invests in EV ride-hailing startup BluSmart

Mahendra Singh Dhoni, ex-skipper of the Indian cricket team, has invested in BluSmart, a Gurugram-based startup offering ride-hailing services exclusively with electric vehicles (EVs).

11 Jul 2024

Space News

Bengaluru start-up developing 'expandable space habitat': Know its significance

Akashalabdhi, a Bengaluru-based start-up, is developing an "expandable space habitat" to support India's burgeoning space ambitions.

09 Jul 2024

Business

Biryani boom: Popular chain secures $2M funding for expansion

Mumbai-based restaurant chain, House of Biryan, has successfully secured $2 million in funding to expand its outlets.

08 Jul 2024

Wi-Fi 7

Next-gen Wi-Fi can read the room (and who's in it) 

Dutch start-up Gamgee has developed a new system that uses Wi-Fi networks, to detect the presence of physical intruders.

07 Jul 2024

Indian Air Force

IAF to use Pixxel's satellites for border vigilance by 2025

The Indian Air Force (IAF) has contracted Bengaluru-based space start-up Pixxel to enhance its border surveillance capabilities.

06 Jul 2024

BYJU'S

Pay our ₹2.3cr dues or shut shop: Ex-staff to BYJU'S

Over 60 former employees of edtech firm BYJU'S, have threatened to initiate insolvency and bankruptcy proceedings against the company, over unpaid salaries.

04 Jul 2024

Lifestyle

Ugandan entrepreneur launches artificial hair made of bananas

Ugandan businesswoman Juliet Tumusiime has initiated a unique enterprise, Cheveux Organique, which manufactures hair extensions from banana fibers.

03 Jul 2024

Koo

Why India's alternative to X, Koo is shutting down

Indian social media platform, Koo, has declared its closure following unsuccessful acquisition discussions with internet media start-up Dailyhunt.