startups
- Technology
CoinSwitch facilitates nearly $25 mn in funding to 12 Web3 startups
New Delhi: Crypto investing platform CoinSwitch on Tuesday said it has facilitated nearly $25 million in funding in 12 promising startups via its Web3 Discovery Fund. The fund, launched under CoinSwitch Ventures…
- Technology
Qualcomm India joins WEP to empower 8 women-led startups
New Delhi: Qualcomm India on Monday announced a collaboration with Women Entrepreneurship Platform (WEP) to support 8 selected women-founded technology startups in the country. Under the initiative, the third cohort of selected…
- Hyderabad
Hyderabad: DRDO holds interaction with defence startups
Delhi: A day-long industry interaction and brainstorming session was organised by Defence Research and Development Organisation (DRDO) at Research Centre Imarat in Hyderabad. Held on Saturday, it was aimed at bringing all…
- Technology
From 350 in 2014 to 90K, Indian startups mushroom, to weather funding winter
New Delhi: As the ongoing funding winter and hiring slowdown continue to haunt the tech world, India saw a never-seen-before spurt in the number of startups being created across the spectrum in…
- Technology
OpenAI closes $175 mn fund to empower other AI startups: Report
San Francisco: Sam Altman-run OpenAI has closed a $175 million investment fund focused on empowering other AI startups, with backing from Microsoft and other investors. The Information reported first about the fund-raise,…
- Jobs
7 out of 10 Indians shun startup jobs, line up for big corporates
New Delhi: Given the prevailing economic uncertainties and the recent challenges faced by the startup ecosystem, 7 out of 10 (73 per cent) job seekers are now preferring large corporations over startups…
- Business
SoftBank Vision Fund loses massive $32 bn as tech startups bleed
New Delhi: Japanese investment giant SoftBank has posted a record $32 billion loss at its Vision Fund for the fiscal year that ended in March 2023, as funding winter continues amid global…
- Hyderabad
T-Hub, Berkadia alliance to drive innovation in Indian startup ecosystem
Hyderabad: T-Hub, an innovation ecosystem announced its alliance with Berkadia, a real estate company on Wednesday to foster innovation, growth, and knowledge exchange in the Indian startup ecosystem. This alliance will last…
- Technology
Indian fintech startups raise $1.2 bn in Q1 2023, down 55% YoY
New Delhi: Fintech startups in the country attracted investments worth $1.2 billion in Q1 2023, 55 per cent lower (year-on-year) than $2.6 billion they raised in the same period last year, a…
- Technology
Homegrown VC firm BoldCap unveils $25 mn early stage fund
New Delhi: Homegrown VC firm BoldCap on Wednesday announced its second fund with a fresh capital of $25 million, to be invested in 15-20 early-stage startups over the next 24-36 months. Chennai-based…
- World
Indian startups with ‘strong fundamentals’ will survive: Vinod Khosla
New Delhi: With Indian startups facing trying times amidst funding crunch and mass firings, ace Indian-origin venture capitalist Vinod Khosla says the ones with “strong fundamentals” will continue to be funded, though,…
- Technology
7th batch of Google startups accelerator India now open
New Delhi: Tech giant Google on Monday announced to invite applications for the seventh batch of its startup accelerator programme in India that aims to nurture startups looking to leverage the potential…
- Jobs
Over 23K techies lose jobs in nearly 82 Indian startups to date
New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the…
- World
Silicon Valley Bank collapse leaves Indian startups worried
New Delhi: The collapse of Silicon Valley Bank (SVB) in the US has left several Indian startups worried who have exposure to its investments and their raised funds may now be stuck.…
- Technology
Salesforce Ventures launches new $250 mn fund for generative AI startups
New Delhi: Salesforce Ventures, the company’s global investment arm, has launched a new $250 million generative artificial intelligence (AI) fund to bolster the startup ecosystem and spark the development of responsible AI.…
