Rapido Triples Revenue to Rs 443 Crore in FY23, Diversifies Income Streams

Three points you will get to know in this article: In the early stages of the fiscal year 2023, Rapido successfully secured an impressive $180 million in funding from prominent backers such as Swiggy, WestBridge, TVS Motor, Shell Ventures, and Nexus Ventures. This substantial financial infusion played a pivotal role in catapulting Rapido’s growth by threefold, providing the company with…

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

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…

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

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…

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

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…

KRAFTON Plans to Incubate 6-10 Indian Gaming Startups

Three points you will get to know in this article: KRAFTON, the game development major, has introduced an innovative initiative — the KRAFTON India Gaming Incubator (KIGI) — aimed at fostering the rapidly expanding gaming landscape in India. Spanning a period of 6 to 12 months, this program is dedicated to supporting approximately 6 to 10 startups annually. These selected…

Oorja Raises $1.5 Million in Pre-Series A Funding

Three points you will get to know in this article: Oorja is gearing up to make the most of this financial boost, channeling the funds towards enhancing their product and broadening their presence across the European and North American markets. Oorja, a cutting-edge deep tech startup hailing from Bengaluru, has exciting news to share. They’ve just closed a triumphant seed…

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

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…

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

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…

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

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…

Accel Atoms 3.0: Accelerating the Future of Artificial Intelligence Startups

Three points you will get to know in this article: Artificial Intelligence, often abbreviated as AI, has truly marked the dawn of a groundbreaking era characterized by innovation and profound transformation. It’s a force of change that has sent ripples across numerous industries, reshaping their landscapes in ways previously unimaginable. In full recognition of this monumental paradigm shift, Accel Atoms…

Start typing and press Enter to search

Shopping Cart