ET Soonicorns Summit 2023 – Delhi-NCR: Decoding Startup Growth Techniques for Establishing Durable Global Firms from India

Three points you will get to know in this article: Following the remarkable success of the ET Soonicorns Summit 2023 in Bengaluru, we’re thrilled to announce our next exciting chapter. The Economic Times’ groundbreaking startup-tech initiative is now spreading its wings to the heart of the nation. Get ready for a captivating experience as we bring you the second installment…

Expertrons: Skilled Tech Startup Secures Investment from Hindustan Media Ventures Ltd.

Three points you will get to know in this article: Expertrons, a skilled technology startup, secured investment from Hindustan Media Ventures Limited (HMVL). It’s worth mentioning that HMVL is also the proprietor of a significant contender in the employment arena, Shine.com. Other notable participants in the funding round included Echjay Family Office, Amar Ujala, along with continuing supporters like Ivycap…

SoftBank Group Reports Another Quarter of Deficits

Three points you will get to know in this article: Japan’s SoftBank Group surprised markets with a loss this time, but there’s a silver lining – the company is wading back into new investments. Their Vision Fund unit has finally turned profitable after six quarters in the red. During the April-June period, the Vision Fund unit saw a substantial investment…

IANGELS Initiative by India Accelerator Targets 100 Crore Rupees Investment in 50 Startups for FY 2024

Three points you will get to know in this article: The chosen startups will undergo IA’s thorough evaluation journey, comprising multiple phases to gauge their promising capabilities.iAngels, a network of angel investors supported by India Accelerator (IA), has introduced a Rs 100 crore fund within its Chennai chapter. This initiative aims to provide backing to 50 startups located in the…

Kerala Government Commended for Nurturing a Flourishing Startup Ecosystem

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

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

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 Entrepreneurs Pioneering Tech-Driven Startups

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’s EV Startup Investment and Potential Laptop Curb Relaxation

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

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…

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