Oorja Raises $1.5 Million in Pre-Series A Funding

Three points you will get to know in this article: Oorja is gearing up to make the most of this financial boost, channeling the funds towards enhancing their product and broadening their presence across the European and North American markets. Oorja, a cutting-edge deep tech startup hailing from Bengaluru, has exciting news to share. They’ve just closed a triumphant seed…

Dream11 Challenges Rs 18,000 Crore GST Notices, Expects More Amounting to Rs 1 Lakh Crore for Gaming Companies

Three points you will get to know in this article: Once again, the online gaming sector finds itself in the crosshairs, grappling with a barrage of demand notices and show-cause directives. This time, tax authorities allege non-payment of Goods and Services Tax (GST), intensifying the scrutiny on industry players. Informed sources revealed to CNBC-TV78 that the Directorate General of Goods…

Startups Create Task Forces to Challenge Google on Billing

Three points you will get to know in this article: A coalition of Indian enterprises and emerging businesses has collaboratively formed a robust 40-member task force to confront Google, specifically targeting the Google Play Billing System (GPBS). This insightful revelation was shared by individuals privy to the matter with ET. Distinguished personalities within this task force include the visionaries behind…

Delta Corp GST Notice Sparks Value Debate on Applicability of Tax

Three points you will get to know in this article: The recent tax notice sent to Delta Corp, India’s leading casino operator, has sparked a renewed discussion regarding the calculation of GST payments by casino operators. The crux of the matter revolves around whether this levy should be based on the gross gaming value, which encompasses the total amount wagered…

NXP India, in Collaboration with MeitY, Start-up India & FabCI, Invites Companies to Join the Semiconductor Startup Program 2023

Three points you will get to know in this article: In a collaborative effort involving NXP Semiconductors India, Start-up India, FabCi (Fabless Chip Design Incubator), and the Ministry of Electronics and Information Technology, the second edition of the Semiconductor Startup Incubation and Acceleration Program has been unveiled. This ambitious initiative is dedicated to discovering, nurturing, mentoring, and establishing semiconductor and…

Flipkart Ventures Supports 5 Early-Stage Startups Through Its Accelerator Programme

Three points you will get to know in this article: Flipkart’s investment arm, Flipkart Ventures, is actively supporting the growth of five promising startups through its innovative accelerator program, Flipkart Leap Ahead (FLA). Now in its second year of fostering startup success, Flipkart has handpicked Algomage, Castler, FlexifyMe, NimbleBox.ai, and ReCircle for their remarkable potential to drive technological advancements across…

Early-Stage Funding Secured by EV Startups Raptee, Nikol EV, and SaaS Platform Data Sutram

Three points you will get to know in this article: Three innovative electric mobility startups, namely Raptee, Nikol EV, and the B2B software-as-a-service (SaaS) venture Data Sutram, have successfully secured early-stage funding. This announcement was made by the companies on a Tuesday. Raptee Raptee, a prominent electric motorcycle manufacturer, has triumphantly raised $3 million (equivalent to Rs 25 crore) in…

Vertex Raises $541 Million to Support Early Stage Indian & SEA Startups

Three points you will get to know in this article: Vertex Ventures Southeast Asia and India, a prominent early-stage venture capital (VC) firm, has successfully secured an impressive $541 million for its fifth fund, known as the VVSEAI Fund V. This achievement surpasses their initial target of $450 million for this fund, marking an 80% increase compared to their fourth…

EIL’s Venture in the Indian Government’s Startup India Program

Three points you will get to know in this article: In his address on Independence Day, August 15, 2015, the Honorable Prime Minister of India, Shri Narendra Modi, introduced the “Start-up India” Initiative. This visionary campaign aims to cultivate the spirit of entrepreneurship and ignite innovation by nurturing a supportive ecosystem for burgeoning start-ups. Its core objective is to transform…

Accel Atoms 3.0: Accelerating the Future of Artificial Intelligence Startups

Three points you will get to know in this article: Artificial Intelligence, often abbreviated as AI, has truly marked the dawn of a groundbreaking era characterized by innovation and profound transformation. It’s a force of change that has sent ripples across numerous industries, reshaping their landscapes in ways previously unimaginable. In full recognition of this monumental paradigm shift, Accel Atoms…

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