Category: Startups
Govt expands definition of startup; turnover limit doubled to Rs 200 crore
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, according to a notification. A…
Samridh scheme boosts 373 Indian startups as government disburses over Rs 93 crore in funding
The Ministry of Electronics and Information Technology (MeitY) has announced its mission to scale India’s digital economy, revealing that 373 startups have now received critical…
US startup sets eyes on real-world AI applications in India
Artificial intelligence (AI) has become popular because of tools such as ChatGPT that can converse in human-like language, but deployment should now extend to real…
Clean-label food brand The Whole Truth closes $51 million funding round led by Sofina, Sauce.vc
Clean-label food startup The Whole Truth has raised about $51 million in a funding round led by Sofina and Sauce.vc. The round, comprising primary and…
PVR Inox CEO, AngelBay cofounder among 55 leaders to mentor startups at India’s first venture school
More than 55 investors, founders, senior executives, and academics will mentor and co-build startups as part of VenturEdu‘s flagship 14-month venture-building programme. The mentor group…
Edtech gains as smaller towns turn up big for English lessons
Language learning, especially spoken English among students in smaller cities and towns, is emerging as a growth area for edtech players. While WestBridge-backed SpeakX and…
NCLT approves SaaS startup MoEngage’s reverse flip plan
The National Company Law Tribunal has approved a plan by software-as-a-service startup MoEngage to shift its domicile from the US to India, according to an…
Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow
Fintech startup Cred reported consolidated operating revenues of Rs 2,735 crore in FY25, a 16% increase over the previous year, as higher product adoption helped…
Apple acquires Israeli audio AI startup Q.ai
Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did not disclose terms of the…
Only 2% of Indian startups working on AI training data vs 40% in the US: Economic Survey
Startups focussed on curating and organising training data for AI models are yet to emerge at scale in India, limiting the country’s ability to fully…