Turms Intelligent Apparel secures funding on Shark Tank India
Kolkata: Turms Intelligent Apparel, which manufactures stain-repellent and odour-free garments, has recently been featured on the popular television reality series ‘Shark Tank’ and onboarded the founder of media app InShorts as an investor at a Rs 30 crore valuation, a press release said.
Ola founder Bhavish Aggarwal's AI start-up Krutrim becomes India's first AI unicorn
Bengaluru: Artificial intelligence (AI) startup Krutrim, founded by Ola founder Bhavish Aggarwal, has attained unicorn status by securing $50 million in funding from investors, including Matrix Partners India.
Trouble edtech startup Byju's reports Rs 2,250 cr loss in its delayed financial results
Bengaluru: Education startup Byju's finally released its financial results on Saturday, after several delays. The results revealed that its parent company, Think & Learn Pvt., reported a slight reduction in losses, despite a surge in business during the pandemic.
India retains the 40th Position in Global Innovation Index 2023
New Delhi: India retained the 40th position out of 132 economies in the Global Innovation Index (GII) 2023, reflecting a remarkable journey from its 81st rank in 2015 to this notable achievement.
The U.S. Consulate General Kolkata, in partnership with the Aroh Foundation and Nexus Start-up Hub, organized a boot camp and Shark Tank Style Pitching Event for a group of nearly 20 women entrepreneurs on Friday in Kolkata.
Flipkart co-founder Binny Bansal to create a new start-up: Report
Mumbai: Binny Bansal, who recently divested his remaining stake in the e-commerce giant Flipkart, is actively working on launching a new startup, Moneycontrol reported.
Startup ecosystem creation: Paytm inks MoU with Arunachal Pradesh
Paytm Payment Services Limited recently signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to initiate a startup ecosystem for the youth of the northeastern state.
Tel Aviv/ Mumbai: Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR) announced the launch of the latter’s Open Innovation programme in Tel Aviv.
Byju's secures $250 million funding via structured instruments from Davidson Kempner: Reports
Indian ed-tech company Byju's has secured a substantial fund infusion of $250 million through structured instruments facilitated by the US-based alternative investment firm Davidson Kempner, media reports said.
Byju's likely to secure $1 billion in funding amid funding winter: Report
Bengaluru: Ed-tech firm Byju's is preparing to secure a substantial funding round of $1 billion through a combination of equity and structured instruments, Moneycontrol reported.
'#mPower Business Women Meet' hosted by U.S. Consulate Kolkata and Contact Base held in Guwahati
Guwahati/IBNS: The "mPowerBusinessWomen Meet" was held on April 17 at Assam Startup- the nest in Guwahati, in partnership with Assam Startup- IIM CIP.
MeitY Startup Hub and Meta shortlist 120 Startups and Innovators for the XR Startup Program
New Delhi/IBNS: MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology (MeitY), and Meta, the owner of firms like Facebook and WhatsApp, together released the list of 120 startups and innovators for the XR Startup Program, in Delhi on Friday.
G20-Startup20 engagement group set to meet in Hyderabad
New Delhi/Hyderabad: The G20 Startup20 Engagement Group will hold its inception meeting in Hyderabad this week, featuring delegates from G20 nations and nine special invitees from observer countries, representatives from multilateral organizations as well as the Indian startup ecosystem.
Bengaluru/IBNS: Bridgestone India, part of tyre-maker Bridgestone Group, has partnered with Blume Ventures to leverage the start-up eco-system of India in the mobility solutions space.
BYJU's said to seek easier payment terms for its $1.2 billion loan: Report
Mumbai: India’s most valuable startup BYJU's is seeking to restructure a $1.2 billion loan amid financial losses and cost-cutting measures, Bloomberg reported.