Tag: startups
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startups
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with industry leaders and ecosystem enablers to…
Anicut Capital launches Rs 175-crore seed fund to back 20 startups
Bengaluru: Chennai-based alternative investment firm Anicut Capital, which invests in companies through both debt and equity, has launched its second dedicated early-stage equity fund with…
Spacetech startups to ride on Skyroot’s success, early investors cash-in
It was more than just an orbital launch for Skyroot Aerospace last week. The successful first mission of the Hyderabadbased startup is expected to boost…
Ather board to consider fresh fundraise on June 12
Electric two-wheeler maker Ather Energy‘s board will meet on June 12 to consider raising fresh capital, the company said in an exchange filing. The fundraising…
Swiggy fails to secure requisite shareholder approval for altering AoA to become Indian-owned entity
Swiggy on Thursday said it has not secured the shareholder approval needed to amend its Articles of Association, a step it required to help qualify…
Crypto exchange Blockchain.com confidentially files for IPO
Synopsis A major cryptocurrency exchange has taken a significant step towards going public. The company has confidentially filed for an initial public offering in the…
Karnataka to strengthen collaboration with Chile across digital services, startups, talent exchange
Karnataka plans to strengthen its collaboration across digital services, startups, and talent exchange with Chile, state IT/BT minister Priyank Kharge has said. The minister spoke…
IIT Madras incubates over 100 startups, files 431 patents in innovation push
The IIT-Madras on Monday announced that it has achieved a milestone in deep-tech entrepreneurship, incubating over 100 startups for the second consecutive year under its…
Inside the investment strategy of the government’s new Fund of Funds
The government rolled out a Rs 10,000 crore Fund of Funds (FoF) 2.0 on Monday. The FoF 2.0 has been designed to continue the momentum…
BharatPe cofounder Shashvat Nakrani steps down
BharatPe cofounder Shashvat Nakrani has stepped down from his role in the company. In a personal note, Nakrani said he is transitioning from day-to-day execution…