Stoke Space, Washington Reusable Rocket Startup, Raises $100 Million

Three points you will get to know in this article: Stoke Space, a startup based in Washington, joyfully announced on Thursday that it has successfully secured $100 million in fresh capital. This financial boost is a crucial step forward for the company as it strives to pioneer the development of “Nova,” an innovative and fully reusable rocket. The recent injection…

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…

Startups Create Task Forces to Challenge Google on Billing

Three points you will get to know in this article: A coalition of Indian enterprises and emerging businesses has collaboratively formed a robust 40-member task force to confront Google, specifically targeting the Google Play Billing System (GPBS). This insightful revelation was shared by individuals privy to the matter with ET. Distinguished personalities within this task force include the visionaries behind…

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

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 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…

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