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DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

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My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma

Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…

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Mr. 360° backs Supply6! RCB Icon AB De Villiers joins Bengaluru-based health food start-up as brand ambassador and investor

AB de Villiers partners with Bengaluru's health food start-up Supply6, endorsing its commitment to …

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Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’

It has been a tough few years for India’s flagship entertainment industry, Bollywood! Very few movi…

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Ashneer Grover set to launch app for medical loans 'ZeroPe'

BharatPe co-founder and former MD Ashneer Grover is set to launch a new app called 'ZeroPe' that wi…

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Cornerstone Ventures launches second fund with $200 million target for investment in emerging B2B enterprise technology opportunities

Cornerstone Ventures, a venture capital firm focusing on B2B Enterprise technology investments, has…

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AI startup Neysa raises $20 mn from Matrix Partners, Nexus Venture Partners & more

AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million…

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Ola to shut global operations, to focus on Indian market

Ride-hailing company Ola on Tuesday said it has decided to shut down all of its existing global mar…

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Byju's begins disbursing March salaries to employees after 2nd successive delay

Embattled edtech platform Byju's finally started disbursing salaries to its thousands of employees …

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PE deals activity at a 15-month high in India, marking a shift trend: Grant Thornton

The private equity deals in India have picked up pace in the January-March 2024. With 307 deals tot…

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Nivara Home Finance raises $10 million from Baring Private Equity

Bengaluru-based Nivara Home Finance raised $10 million from Baring Private Equity India in an entir…

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Blackstone to invest $2 bn every year in India; wants quicker M&A clearances

Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…

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VC firm Accel to nurture eight early-stage startups in India

Leading venture capital firm Accel on Thursday announced eight early-stage startups in India which …

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Grocery retail chain for small towns SuperK raises $6 million

SuperK, a franchised grocery retail chain for small towns, on Wednesday said it has raised USD 6 mi…

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In one of the largest deals of 2024, Pocket FM raises $103 mn to strengthen its global push

Audio entertainment platform Pocket FM announced on Wednesday that it has raised $103 million in Se…

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Wearables startup Ultrahuman raises $35 million to accelerate growth

Homegrown wearables startup Ultrahuman on Wednesday announced that it raised $35 million in a serie…

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Businesses should not be built on model, but out of passion: Peyush Bansal

Businesses should not be built on a model or channel but rather out of a problem or passion, Lenska…

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A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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Indian startups on track to raise $8-12 billion this year: Peak XV MD Rajan Anandan

Indian startups are expected to raise USD 8-12 billion this year, a top official of venture capital…

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HiLabs secures $39 million in Series B funding to propel AI-driven data management solutions for healthcare entities

HiLabs, a provider of AI-driven solutions that aims to assess crude data to unlock meaningful insig…

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Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…