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Agnikul Raises Rs 200 Crore in Series B Funding
Agnikul Raises Rs 200 Crore in Series B Funding
CHENNAI: Space tech startup Agnikul Cosmos has raised Rs 200 crore (around $26.7 million) in Series B funding from venture capital investors including Celesta Capital, Rocketship.vc, Artha Venture Fund, and Artha Select Fund, along with participation from existing investors Mayfield India, pi Ventures, Speciale Invest, and others.
Co-living Startup Settl Expands to Chennai Market
Co-living Startup Settl Expands to Chennai Market
NEW DELHI: On Thursday, co-living startup Settl announced its expansion into the Chennai market, with plans to launch 300 beds to cater to working professionals. Settl, based in Bengaluru, currently manages 3,500 beds across Bengaluru, Gurugram, and Hyderabad. The startup has 1,200 beds in Gurugram, 1,700 beds in Bengaluru, and 600 beds in Hyderabad.
Startup BharatAgri Raises Rs 35 Crore from Investors
Startup BharatAgri Raises Rs 35 Crore from Investors
NEW DELHI: Agritech startup BharatAgri, an advisory-led e-commerce platform for farmers, announced on Thursday that it has secured Rs 35 crore (USD 4.3 million) from investors, including Arkam Ventures. The company raised Rs 35 crore in the Series A funding round. Apart from Arkam Ventures, the funding round also saw participation from Capria Ventures and existing investors, India Quotient, 021 Capital, and Omnivore, BharatAgri said in a release. The funding signifies Ark
Kerala-based Startup Wins Two Prestigious Awards
Kerala-based Startup Wins Two Prestigious Awards
KOCHI: InIT Solutions Pvt Ltd, a company under the Kerala Startup Mission (KSUM), has recently won two prestigious awards within a week. The company, known for its ground-breaking 'BookSeva', offers a cost-free Customer Relationship Management Solution (CRM) connecting devotees with temples.
E-commerce Startup Udaan Prepares for 2025 IPO
E-commerce Startup Udaan Prepares for 2025 IPO
E-commerce startup Udaan is working to curb costs and forge new partnerships with consumer brands in India as it prepares to go public in 2025. Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.'s Flipkart in helping smaller merchants source their goods, will make an operating profit within 18 months, Chief Executive Officer Vaibhav Gupta said in an interview. That's set to happen around the same time as its initial public offering, he said. The priority "is ste
Startups to Lead India's Journey to Become 3rd Largest Economy: CEA Nageswaran
Startups to Lead India's Journey to Become 3rd Largest Economy: CEA Nageswaran
THIRUVANANTHAPURAM: Startups will play an important role in helping India become the third largest economy in the world, Chief Economic Advisor (CEA) to the Union government V Anantha Nageswaran has said.
ZestMoney to Cease Operations, Impacting 150 Employees
ZestMoney to Cease Operations, Impacting 150 Employees
NEW DELHI: Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations. The move will impact some 150 employees of the firm, the company's management told employees in a town hall on Tuesday. ZestMoney did not comment. It is learnt that the firm will shut down by the end of this month.
Minuscule AI Startup Raises $41 Million to Tap India Growth
Minuscule AI Startup Raises $41 Million to Tap India Growth
A generative artificial intelligence startup targeting the Indian market raised $41 million in fresh funding, the largest such round by an early-stage AI contender in the country. Sarvam AI is building large language models targeted at unique uses in Indian languages at price points that the country's 1.4 billion people can afford. The Series A funding round was led by Lightspeed Venture Partners, and participants included Silicon Valley billionaire Vinod Khosla's Khosla Ventures and Peak XV Par