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VLSID 2023 Startups Challenge: Anscer Robotics and Lightspeed Photonics Crowned Winners
Hyderabad, India - VLSID 2023 Startups Competition concluded on Friday evening in Hyderabad with a tie for first place between Anscer Robotics and Lightspeed Photonics. The VLSID 2023 Startups competition featured a variety of innovative startups from around the...
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Wakefit.co secures $40M, to skyrocket growth in Tier II/III markets
Furniture and home improvement brand Wakefit.co has raised $40 million in a Series D funding round led by Investcorp. The Bengaluru-based company, which was founded in 2016 by Ankit Garg and Chaitanya Ramalingegowda, started as a sleep solutions brand...
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LEAD secures $20 Mn to fuel growth and expansion in Indian edtech market
Edtech Unicorn LEAD, has secured $20 million in debt funding, solidifying their position as a leader in the Indian edtech market. The fresh capital will be used to finance the company's ambitious growth plans in the Indian edtech...
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Early-stage startup funding defies trend, despite a 33% fall: Latest PwC India report
Indian startups funding has an interesting story. According to latest PWC India report, the startup funding faced a decline in funding in 2022 according to a report titled "Start-up Deals Tracker - CY22". Start-ups in India raised a total...
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New IT Hardware PLI for India Designed IP Products: MoS Rajeev Chandrasekhar at VLSID 2023
VLSID 2023 (VLSI Design Conference) got off to a great start today in Hyderabad with motivating speeches from industry leaders and discussions about the newest advancements in VLSI, embedded technologies, and opportunities for innovation. To catalyze its growth further,...
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InCruiter raise fund to expand into new international locations
InCruiter, a startup that helps companies streamline their recruitment process, has raised ₹100 lakhs in revenue-based funding. The funding will be used to expand the company's operations into the United States, Canada, and Dubai.Founded in 2018, InCruiter has quickly...
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KreditBee to invest $200 Mn for diversification and new product development
KreditBee, an Instant Personal Loan platform has announced plans to invest $200 million in the development of a range of digitally enabled financial products.The Bengaluru-based company, that facilitates loan transactions between borrowers and personal loan providers such as NBFCs/Banks...
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Jupiter Secures $12.12 Mn to Build and Scale Up Lending Products
The fintech industry in India has been growing rapidly in recent years, with many startups emerging to offer innovative financial products and services to consumers. Jupiter is one such startup, offering a range of personal finance products and services...
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BK Modi Group to Invest $1 Bn in New Real Estate and Wellness Sectors
BK Modi Group, a diversified company with interests in mobility, finance, healthcare, entertainment, realty, and technology, has announced plans to invest approximately $1 billion in the Indian real estate and wellness sectors over the next five years. The investment...
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Startups’ Role in the International Year of Millets 2023
Startups role in advancing the International Year of Millets 2023 campaign can be significant if the sector takes steps in the right direction.The International Year of Millets (IYM) 2023 is a global event sponsored by the Government of...
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Biotech Startups Record 17,900% Growth Over the Last Decade
December 23, 2024: India’s biotech startups ecosystem has witnessed explosive growth over the past decade, expanding from just 50...