Kerala Startup
Posted in Business

Kerala Government Commended for Nurturing a Flourishing Startup Ecosystem

by SA TeamPosted on

Three points you will get to know in this article: • Local startup ecosystem raised $551 million since 2014• Kerala leads in fostering hardware startups nationwide.• Fintech and SaaS are pivotal in startup investments. Kerala has gained commendation from the central government for its forward-looking approach to fostering and ensuring the continuous advancement of the startup ecosystem within the state.…

MIXI Japan
Posted in Business

MIXI from Japan Launches $50 Million CVC Fund to Back Digital Entertainment Startups in India

by SA TeamPosted on

Three points you will get to know in this article: In 2017, MIXI, a dynamic mobile entertainment enterprise, was established, embarking on a journey to craft a multitude of user-centric communication offerings. On Tuesday, MIXI, a mobile entertainment company from Japan, revealed its plan to introduce a $50 million (approximately INR 414 crore) corporate venture capital (CVC) fund in India.…

Government Aims to Establish BRICS Startup Forum for Boosting Entrepreneurial Partnerships: Goyal
Posted in Business

Government’s Initiative: BRICS Startup Forum to Foster Entrepreneurial Collaborations: Goyal

by SA TeamPosted on

Three points you will get to know in this article: • Commerce Minister Piyush Goyal aims to enhance collaboration and knowledge sharing among BRICS startups.• India’s push for startups and cross-border collaboration through global forums like the G20 is concurrent with this development.• At the seventh BRICS Industry Ministers’ meeting, Goyal highlighted the significant growth of nearly 100,000 startups in…

Female Entrepreneurship
Posted in Business

Female Entrepreneurs Pioneering Tech-Driven Startups

by SA TeamPosted on

Three points you will get to know in this article: • Anu Acharya, MapMyGenome’s founder, told Bizz Buzz that startups in various fields, including medical and food technology, face the main hurdle of achieving visibility.• The 2020 All India Higher Education Survey Report indicates a rise in female enrollment in STEM fields.• Hyderabad’s women epitomize vital entrepreneurial qualities: patience in…

Flipkart BigBillionDays
Posted in EcommerceFinance

Flipkart to Invest $20 Million in New In-House Credit Marketplace Startup

by SA TeamPosted on

Three points you will get to know in this article: Flipkart, the prominent e-commerce giant, is earmarking approximately $15-20 million to support the development of an in-house credit marketplace startup led by its senior executive, Prakash Sikaria. This information has been confirmed by multiple sources familiar with the situation. Prakash Sikaria, a Senior Vice President within the company, previously responsible…

Nikhil Kamath
Posted in AutomobileBusinessTechnology

Nikhil Kamath’s EV Startup Investment and Potential Laptop Curb Relaxation

by SA TeamPosted on

Three points you will get to know in this article: • The development follows Ather’s recent INR 900 Cr ($108 Mn) rights issue.• Ather’s FY23 revenue soared to INR 1,806 Cr from INR 408.5 Cr in FY22.• Kamath invests in Indian startups like Nazara, Licious, Third Wave Coffee, and more. Nikhil Kamath, one of the co-founders behind Zerodha, India’s premier…

JioFiber
Posted in Technology

Jio Expands Broadband Coverage with Launch of JioAirFiber in Eight Cities

by SA TeamPosted on

Three points you will get to know in this article: On a remarkable Tuesday, September 19th, the telecom behemoth Reliance Jio unveiled JioAirFiber services, a comprehensive solution poised to revolutionize the landscape of home entertainment, elevate smart home services, and deliver lightning-fast broadband connectivity. This groundbreaking service has made its debut in eight bustling metropolitan hubs, promising a transformative digital…

Google India's Women Entrepreneur Accelerator
Posted in Technology

Explore the 20 Startups from Google India’s Women Entrepreneur Accelerator

by SA TeamPosted on

Three points you will get to know in this article: Google India has just unveiled its second batch of promising startups for Google for Startups Accelerator Women Founders initiative. After sifting through a pool of over 300 applications, Google India has handpicked 20 women-led startups to join this empowering journey. Through this initiative, these remarkable entrepreneurs will benefit from invaluable…

Byju's Conducts Strategic Asset Evaluation to Prioritize Core Business and Generate Cash Flow
Posted in BusinessEducationFinanceTechnology

Byju’s Conducts Strategic Asset Evaluation to Prioritize Core Business and Generate Cash Flow

by SA TeamPosted on

Three points you will get to know in this article: According to persons familiar with the situation, Byju’s, India’s most valuable startup, is conducting a strategic evaluation of all assets acquired in the last few years in order to sell non-core subsidiaries and refocus its focus back to core, profitable industries. According to the sources referenced above, Byju’s plans to…

Eco-Friendly Packaging
Posted in Business

Matrix Partners India Leads $3M Investment in Eco-Friendly Packaging Startup, Cirkla

by SA TeamPosted on

Cirkla, a forward-thinking sustainable packaging startup, has successfully secured an impressive $3 million (equivalent to Rs 24.8 crore) during a pre-seed funding round. This noteworthy achievement was made possible through the strong leadership of Matrix Partners India, with valuable contributions from Stellaris Venture Partners and a cohort of esteemed angel investors. According to the startup, the raised funds will be…

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