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…

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

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

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…

Sovereign Wealth Fund Institute Paves the Way for Startup Funding Opportunities

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…

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

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…

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

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…

Dailyninja founder’s startup GoodGudi raises seed round

In the vibrant month of June, Anurag Gupta, Sagar Yarnalkar, and Chandan Kumar joined hands to establish the promising venture known as GoodGudi. Anurag Gupta and Sagar Yarnalkar, the visionaries behind the successful e-grocery enterprise Dailyninja, later celebrated its acquisition by industry giant BigBasket. On the other hand, Chandan Kumar proudly wears the hat of a co-founder in the world…

This Week’s Startup Deals: PhonePe, BharatPe, Housing.com, BOXX, HeyoPhone, SnapE, Shiprocket, and WhiteHat Jr were in the News

This week has seen a flurry of exciting developments in the startup world. HeyoPhone successfully secured substantial funding, while gradCapital enthusiastically introduced a $6 million fund tailored to support student-led ventures. In a surprising twist, BharatPe’s Chief Business Officer, Dhruv Bahl, decided to step down from his position, and Ananya Tripathi, the CEO of WhiteHat Jr, also made a notable…

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