Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024's tally of 13.
Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
There are several discussions going around in the e-health sector for consolidation with key players being PharmEasy, 1mg, Medlife and Netmeds. According to reports, Reliance Jio is in talks with Netmeds to acquire the latter.
Internet user base in India has touched 100 million.
Blue-chip names such as Bessemer Venture Partners, Google, JP Morgan Asset Management are taking strategic bets in the Indian market.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
Ola Cabs acquires TaxiForSure in $200-mn deal.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
These workers have been asked to undergo a 30-day performance improvement plan.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
The Kunal Bahl-led firm wants to add 1,000 sellers every three months in its loan scheme.
Meru Cabs' founder says they were a traditional company.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
Venture capitalists are leveraging their experience to build something new.
Relations between founders and investors in the start-up universe - remains as tricky as ever.
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