Indian startups are back in the spotlight, with funding skyrocketing to $3.4 billion in the third quarter of 2024, doubling from last year’s $1.7 billion. This exciting rebound comes after a tough financial period, showing that the startup ecosystem is ready for a fresh wave of investment.
In Q3 2024, 262 deals were made, a 28% increase from 205 in the same quarter last year. The number of…
Introduction: Jhana’s Bold Move in LegaltechBengaluru-based legaltech startup Jhana has successfully raised $1.6 million in a seed funding round, signaling a significant leap forward in its mission to enhance legal services through artificial intelligence. The funding was led by Together Fund, co-founded by notable entrepreneurs Girish Mathrubootham, founder of Freshworks, and Manav Garg…
Bengaluru-based quick-commerce platform Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its proposed $1.25 billion Initial Public Offering (IPO). According to reports from the Economic Times, Swiggy filed draft papers for the IPO using the confidential route back in April.
Following this approval, Swiggy must submit an updated draft red herring prospectus…
Mayank Bidawatka, the co-founder of the vernacular microblogging platform Koo, is gearing up to launch his new startup, Billion Hearts Software Technologies. The company recently finalized a pre-seed funding round, securing approximately $250,000 from notable investors, including founders of redBus, Ola, InMobi, and Myntra.
Billion Hearts is poised to raise nearly $500,000 to kickstart its…
Opkey, an AI-driven platform specializing in continuous test automation for enterprise systems, has successfully raised $47 million in its Series B funding round. The investment round, led by PeakSpan Capital and supported by existing investors, brings Opkey’s total funding to $57 million, following an $8 million Series A round in August 2022, according to CrunchBase.
With the new funds, Opkey…
Walmart-owned e-commerce giant Flipkart has officially launched its rapid delivery service, ‘Minutes,’ in Bengaluru, aiming to revolutionize quick commerce in India. The service, which promises deliveries within 10 to 15 minutes, is now operational in key areas such as HSR Layout, Gunjur, Bellandur, and Kadubeesanahalli.
This new offering positions Flipkart directly in competition with…
In a significant move towards advancing technological solutions for sustainability, Newme Innovations has established its headquarters in Bengaluru, India. This strategic decision underscores Newme’s commitment to harnessing India’s vibrant tech ecosystem and talent pool to drive innovation in renewable energy and environmental conservation.
Bengaluru, often dubbed as the Silicon Valley of…
Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital.
Angel investors including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan also partook in the round.
The recently raised fund will be utilized in item improvement and expansion of its team size.
The company assembles APIs…
Mobile-first credit card company OneCard, possessed by FPL Technologies, is in talks to wipe up $100 million in a new round from new and existing investors, according to two sources aware of the details of the conversation.
This will be the third infusion in the Pune-based company in 2021 which had raised $35 million in two tranches in its Series B round led by Sequoia Capital and QED…
Clover Infotech, the IT administrations and Digital Transformation accomplice for worldwide and Indian organizations, is intending to enlist 2,000 freshers in 2021. This arrangement was declared to cook for the expanded demand from customers for the assets in advanced innovations.
By September 2021, the organization is wanting to employ 1,000 freshers before the finish of 2021.
Kunal Nagarkatti…
