Riceberg Ventures, a global venture capital firm, is making waves in the world of technology with the launch of its $20 million fund aimed at supporting the next wave of DeepTech startups. This new initiative is set to back some of the most promising companies in fields like space technology, artificial intelligence (AI), cybersecurity, novel energy solutions, semiconductors, and quantum…
Mintoak Raises Rs 71 Crore to Revolutionize Merchant Payments: What You Need to Know
Mintoak, a rising star in the world of merchant SaaS platforms, has just raised Rs 71 crore (about $8.2 million) in a secondary funding round led by Z3Partners. This fresh capital will fuel the company’s expansion plans and push its product development forward. So, why is everyone talking about this Mumbai-based…
BluSmart Set to Raise $50 Million at $335 Million Valuation—The EV Ride-Hailing Startup Making Waves
BluSmart Gears Up for $50 Million Funding Round at $335 Million Valuation
The electric vehicle (EV) ride-hailing startup BluSmart is on the brink of a major milestone. The Gurugram-based company is set to raise a massive $50 million in its latest funding round, bringing its pre-money valuation to $335 million. If successful, this funding could turbocharge BluSmart’s plans for growth, expansion…
Lenskart Preps for IPO: What Does This Mean for the Eyewear Giant?
Lenskart, the Indian eyewear leader founded by Peyush Bansal in 2010, is making big moves to go public with plans to raise between $750 million and $1 billion through an Initial Public Offering (IPO). This marks an exciting new chapter for the company, and if successful, could make it one of the largest listings in India’s…
Introduction: In a big win for Indian startups, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with boAt, the popular Indian audio and wearables brand. This partnership is set to give a major boost to startups across the country, especially those in Direct-to-Consumer (D2C) and manufacturing sectors.
With a focus on fostering innovation, providing resources…
In a significant development for the agritech world, Sanjay Dasari, the co-founder of WayCool, has decided to step down after almost a decade at the helm of the company. Dasari, who co-founded WayCool with Karthik Jayaraman, will transition into an advisory role where he will focus on strategic projects and fundraising. His decision marks the end of an era for WayCool, a company that has become…
Mumbai-based startup Manastu Space Technologies has made a major breakthrough in India’s aerospace industry. The company has successfully delivered its innovative iBooster Green Propulsion System to the Defence Research and Development Organisation (DRDO). This milestone marks a significant achievement in India’s space exploration and satellite capabilities.
The iBooster system, developed by…
Flipkart Partners with DPIIT to Empower Indian Startups
In a major boost to India’s vibrant startup ecosystem, Walmart-owned Flipkart has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). This new collaboration aims to empower tech startups across the country, providing them with the resources, mentorship, and funding needed to grow and scale.
The partnership…
Introduction: PhonePe’s Bold Move to Discontinue Third-Party Partnership with Juspay
PhonePe, one of India’s leading digital payments platforms, has announced it will end its partnership with Juspay, a payment orchestration platform. This decision is a part of PhonePe’s strategy to directly offer payment solutions to its vast network of merchants. As a result, PhonePe will now handle the…
In a rapidly growing market where families demand more from the products they use, Baby & Mom Retail is carving out a strong niche in India’s baby care, skincare, pet care, and bedding solutions sectors. The company, founded in 2013 and based in Gurugram, has quickly emerged as a significant player in these industries, thanks to its innovative approach and a strong portfolio of trusted brands.
