Cheque@Jungle
Posted in Business

Cheque@Jungle: Jungle Ventures Pioneers Early-Stage Support for Startup Ideas

by SA TeamPosted on

Three points you will get to know in this article: Renowned venture capital entity, Jungle Ventures, has introduced the First Cheque@Jungle initiative, aimed at supporting fledgling startups from ideation to the seed stage. Taking part in this initiative are Ramakant Sharma, the founder and COO of Livspace, Sayali Karanjkar, an entrepreneur and angel investor, and Cameron Priest, the founder of…

Unveiling India's $720+ Billion Consumer Lending Potential
Posted in Business

Unveiling India’s $720+ Billion Consumer Lending Potential

by SA TeamPosted on

Three points you will get to know in this article: The digital consumer lending landscape in India is on track to exceed a remarkable $720 billion by 2030, making up a substantial 55% of the expansive $1.3 trillion-plus digital lending market within the nation.With a robust compound annual growth rate (CAGR) of 22%, the digital consumer lending sector is set…

Onsurity
Posted in BusinessFintech

Insurtech Startup Onsurity Secures $24 Million Funding from IFC and Nexus

by SA TeamPosted on

Three points you will get to know in this article: In a significant stride forward, the insurtech startup Onsurity, with a keen focus on small and medium enterprises (SMEs), has triumphantly raised $24 million in its Series B funding round. The International Finance Corporation (IFC) spearheaded this round, demonstrating a strong endorsement of Onsurity’s mission. Noteworthy participation also came from…

Artha Exits
Posted in AutomobileBusiness

Artha and Rockstud Exit Uber-Backed Everest Fleet with Over 18x Returns

by SA TeamPosted on

Three points you will get to know in this article: Everest Fleet, a startup in the fleet management domain backed by Uber, recently witnessed the departure of two investors, Artha Venture Fund and Rockstud Capital. This development unfolded just days after successfully securing funding from Uber and Paragon Ventures. In the aftermath of this transition, Rockstud Capital proudly declared an…

Angel Investors
Posted in Business

From Seed to Success: 15 Active Angel Networks for Indian Startups

by SA TeamPosted on

Three points you will get to know in this article: India’s remarkable ascent as the world’s third-largest startup ecosystem has left many observers in awe. Starting with a mere 445 startups, according to government data, in late 2016, the nation has now blossomed into a hub of innovation with a staggering 1 Lakh startups. The captivating tech landscape of India…

Semiconductor Industry
Posted in BusinessTechnology

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

by SA TeamPosted on

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 BigBillionDays
Posted in BusinessTechnology

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

by SA TeamPosted on

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…

EV Startups
Posted in AutomobileBusiness

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

by SA TeamPosted on

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
Posted in Business

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

by SA TeamPosted on

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…

Startup India
Posted in BusinessDaily Feeds

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

by SA TeamPosted on

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…

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