Category: Startups
Edtech startup Eruditus picks up $150 million debt from MARS Growth Capital and HSBC to refinance loan
SoftBank-backed executive education startup Eruditus has closed a refinancing deal of up to $150 million led by MARS Growth Capital, a joint venture between Liquidity…
11 startups join unicorn club in 2025; Bengaluru remains biggest hub in India: Hurun report
Eleven new startups have joined the unicorn club in India this year, taking the total number to 73, according to the ASK Private Wealth Hurun…
Nykaa expands to the UK with Kay Beauty
Synopsis The company already had a presence abroad in the Gulf Cooperation Council (GCC) through its omnichannel platform called Nysaa. ETtech Online beauty retailer Nykaa…
AI software developer Replit raises $250 million at $3 billion valuation
Valuations for code-generation startups, or “code-gen,” have climbed as companies look to use AI to assist software engineers or help non-technical teams to write their…
Startups seek a head in the therapy game via AI tools and bots
The growing trend of people turning towards artificial intelligence chatbots like ChatGPT, Gemini and Claude for information and suggestions is expanding, not shrinking, the market…
Drone startups look to stay afloat via Namo Drone Didi Scheme
Drone startups say they are struggling to stay afloat amid low demand, high certification costs and the absence of large-scale buyers. Their founders are pinning…
Minute Media acquires video editing software startup VideoVerse
Minute Media, a global sports publishing and ad technology platform, has acquired Alpha Wave Global-backed video editing software startup VideoVerse, the company said on Tuesday….
Games24X7 to lay off 70% employees as real money gaming ban pinches
Digital gaming company Games24X7 has started the process to lay off around 70% or around 500 employees, following the government’s ban on all forms of…
IIT-M incubated startup sets up next gen wastewater treatment technology in Erode industries
A next-generation wastewater treatment technology BEADS, developed by IIT-Madras incubated startup JSP Enviro Pvt Ltd, has been successfully installed in industries in Erode district. Called…
German cabinet agrees draft law to improve startups’ financial conditions
Germany’s cabinet on Wednesday agreed a draft law aimed at strengthening Germany’s attractiveness as a business location by improving financial conditions for small businesses and…