startups
- Business
Chamath Palihapitiya’s VC firm tried to sell stake worth $312 mn in startups: Report
San Francisco: Leading venture capitalist Chamath Palihapitiya’s investment firm Social Capital tried to sell its stake worth $312 million in hundreds of startups, the media reported. According to a report in The…
- Hyderabad
Hyderabad: T-Hub, AIC select 23 startups for 2nd cohort
Hyderabad: T-Hub, Telangana’s flagship incubation centre, has selected 23 startups for the second cohort of Atal Incubation Centre (AIC) T-Hub’s sustainability programme. The announcement was made on Thursday, August 10. The programme…
- Bangalore
Karnataka govt to conduct survey of startups to understand requirements
Bengaluru: The Karnataka government has decided to conduct a survey to understand the requirements of startups in the state. Priyank Kharge, Minister for IT and BT, on Tuesday made the announcement on…
- Technology
New unicorns dry up globally, down 80% from their peak in 2021
New Delhi: There has been a massive 80 per cent drop in freshly-minted unicorns (with valuation $1 billion and above) globally from the peak in 2021, a new report has revealed, as…
- Hyderabad
KTR inaugurates startup aimed at fostering student entrepreneurs
Hyderabad: State IT and Industries minister K T Rama Rao launched FoundersLab, a startup company dedicated to students, with the aim of nurturing them into aspiring entrepreneurs. The inauguration took place at…
- Technology
New accelerator programme for fintech startups in India launched
New Delhi: A new fintech accelerator programme called “inFINity” for early-stage Indian startups launched on Wednesday by the online payments solutions provider PayU in collaboration with the cloud services providers — Amazon…
- Business
CapFort Ventures launches Rs 200 cr India tech fund, to invest in 40 startups
New Delhi: Micro-VC fund CapFort Ventures on Wednesday launched a Rs 200 crore India-focused tech fund that plans to invest in more than 40 startups in the next two years. With a…
- Business
India Inc faces steep decline in deal volumes, values amid economic challenges
New Delhi: Not just startups but India Inc overall saw only 676 deals, amounting to $23 billion in the first half of this year (January-June period), a substantial 78 per cent decline…
- Business
Varanium Capital’s Rs 250 cr fund to empower 100 startups in India
New Delhi: Global asset management firm Varanium Capital on Tuesday announced the first close of its maiden venture debt fund worth Rs 250 crore. The fund would provide financing to 100 early…
- Jobs
Over 2.12 lakh tech employees laid off in 2023 1st half, more than 27K in India
New Delhi: More than 2.12 lakh employees — from Big Tech firms to startups — lost their jobs in the global tech sector in the first half of 2023, as layoffs continue…
- Technology
No new unicorn in India in 2023 1st half, startup funding plunges over 70%
New Delhi: There was no new unicorn in India in the first half of 2023 as startup funding plunged more than 70 per cent in the January-June period from a year ago,…
- Technology
India likely to see 147 unicorns in next 5 years: Report
New Delhi: India which is currently the third largest startup ecosystem in the world, is likely to see 147 unicorns in the next five years, disrupting financial services, healthcare, business management solutions…
- Technology
Salesforce to invest $500 mn in generative AI startups, unveils AI Cloud
San Francisco: Enterprise software major salesforce has committed $500 million to invest in generative artificial intelligence (AI) startups. The investment, an expansion from earlier $250 million to $500 million now, is part…
- Technology
OpenAI CEO Sam Altman says ready to invest in S.Korean startups
Seoul: The head of US artificial intelligence company OpenAI, Sam Altman, said he is ready to invest in promising startups in South Korea, where its global sensation chatbot ChatGPT has been rapidly…
- Technology
Microsoft, Accenture to empower 13 Indian social impact startups
New Delhi: Microsoft and Accenture on Wednesday announced the third cohort of the Project Amplify programme, which will support 13 Indian startups with solutions focusing on clean tech, circularity, regenerative agriculture, education,…
