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…

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…

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…

D2C
Posted in Business

D2C Startups Propel National GDP with Billions and 20,000 Jobs in 2022

by SA TeamPosted on

Three points you will get to know in this article: D2C Insider wrapped up its highly-anticipated Omni Channel Summit 2023 on September 9th, 2023, at the prestigious venue of The Leela in the vibrant city of Mumbai. As per the official statement, the gathering saw the presence of more than 250 trailblazing D2C business founders, including notable figures such as…

Posted in BusinessFinance

Sovereign Wealth Fund Institute Paves the Way for Startup Funding Opportunities

by SA TeamPosted on

At FORT North America 2023, we’re excited to introduce you to six dynamic startups from around the globe. Among them, two hail from India, shining a spotlight on the country’s thriving startup landscape. These innovative entrepreneurs will captivate you with their engaging five-minute elevator pitches. The Sovereign Wealth Fund Institute (SWFI) announced on Wednesday that its Family Office Round Table…

Posted in Business

Furlenco Expands into Brick-and-Mortar Retail with Two Stores Launch in Bengaluru44

by SA TeamPosted on

Furlenco, the pioneering furniture rental firm, excitedly revealed its gradual step toward expansion on a sunny Wednesday, September 6th. This exciting journey is marked by the opening of two attractive offline locations in the lively city of Bengaluru, which is an important component of their overall expansion strategy. Furlenco, which was founded in 2012 by visionary Ajith Mohan Karimpana, is…

Posted in BusinessTechnology

Microsoft Backs D-Matrix: AI Chip Startup Raises $110 Million in Funding

by SA TeamPosted on

D-Matrix, a pioneering artificial intelligence chip startup headquartered in the heart of Silicon Valley, has successfully secured an impressive $110 million in funding. Notably, this funding round boasts participation from notable investors, including the tech giant Microsoft Corp. This achievement is particularly significant given the current challenges faced by many companies in the semiconductor industry as they seek to secure…

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