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Top 10 HealthTech Startups in India

India’s HealthTech sector has experienced rapid growth in recent years, driven by advancements in technology, increased internet penetration, and a growing awareness of healthcare needs. Here are ten HealthTech startups…

Startup Times June 13, 2024

trending Startup News

Top 10 Agritech Startups in India

India, with its rich agricultural heritage and vast arable land, has seen a surge in innovative startups leveraging technology to transform the agriculture sector. These agritech startups are not only…

Startup Times June 13, 2024

News

Dubai Tops Global Rankings for FDI Inflows in Cultural and Creative Industries

Key points: Global Leadership in FDI: Dubai led the world in attracting Foreign Direct Investment (FDI) for the cultural and creative industries in 2022.Record High FDI Projects: The Dubai FDI…

Startup Times June 6, 2024

Funding News News

Ather Energy Secures INR 286 Crore to Power Up Its Electric Future

key points: Funding Secured: Bengaluru-based Ather Energy has secured INR 286 crore (USD 34 million) in funding from its founders and Stride Ventures.Sources of Funds: Founders Tarun Mehta and Swapnil…

Startup Times June 6, 2024

Startup News News

Mohandas Pai Calls for Repeal of Angel Tax and Establishment of ₹50,000 Crore Startup Fund to Boost India’s Startup Ecosystem

key points: Mohandas Pai's Call to Action: Mohandas Pai, a prominent figure in India's IT and financial sectors, has called for significant policy changes to boost the nation's startup ecosystem.Abolish…

Startup Times June 6, 2024

Indian Startup News & Funding Alert Daily updates

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Indian Startup News and Funding Alert: Daily Updates

Welcome to our daily coverage of Indian Startup News and Funding Alert, where we bring you the latest updates from the vibrant startup ecosystem in India. We highlight significant funding…

Startup Times News Desk May 26, 2024

Funding News

Indian Startup Weekly Funding News Report

Indian Startup Weekly Funding Report - July 01 - July 6, 2024 DateNameSectorSubsectorBusiness ModelFunding Round SizeFunding Round TypeInvestorsLead Investor1 Jul 2024PurplleEcommerceD2CB2C$120 Mn–ADIAADIA3 Jul 2024MatterCleantechElectric VehicleB2C$25 MnSeries BHelena, Japan Airlines &…

Ankur Srivastava May 26, 2024

ThinKuvate India Fund Launch: Singapore-based angel investment network, ThinKuvate, introduces its first India-focused fund, ThinKuvate India Fund – I, with a corpus of Rs 100 crore. Investment Focus: The fund aims to invest in tech startups across various sectors, providing initial amounts of up to Rs 3 crore per venture. City-wise Rollout: ThinKuvate plans to launch the fund in key cities like Nagpur, Raipur, Bangalore, and Chennai to tap into emerging startup hubs. SEBI Approval: ThinKuvate has obtained SEBI's approval to launch the AIF CAT 1 Fund in India, with an investor base of nearly 200. Leadership and Team: The fund's founding team includes Ghanshyam Ahuja, Ritesh Toshniwal, and Vikas Saxena, with Mayank Jain joining as CEO. Investment Criteria: ThinKuvate prefers startups with revenue generation, patented products, and multiple founders to ensure market presence, innovation, and dynamic leadership. Investment Track Record: ThinKuvate Ventures has invested approximately $1.5 million across nine startups in Southeast Asia and India, expanding to $5 million across 22 startups. Future Deployment of Capital: The fund expects to commence deploying capital in the next quarter to support the growth of promising startups.

Funding News

ThinKuvate Launches Rs 100 Crore Maiden India Fund, Aims to Boost Tech Startups

Key Points ThinKuvate India Fund Launch: Singapore-based angel investment network, ThinKuvate, introduces its first India-focused fund, ThinKuvate India Fund – I, with a corpus of Rs 100 crore. Investment Focus:…

Ankur Srivastava May 23, 2024

Funding Success: Betel Leaf, an FSSAI-certified online paan company, secures $1.2 million in a bridge round led by Inflection Point Ventures (IPV) and Venture Catalysts, highlighting investor confidence in the venture's potential. Innovative Packaging: The company's emphasis on hygiene is reflected in its triple-layer pouch packaging, ensuring minimal hand touch and cleanliness, a feature that resonates with modern consumer preferences. Expansion Plans: With the newly acquired funds, Betel Leaf aims to expand its retail and online presence from 45 kitchens to 100 kitchens in India and overseas within the next two years, signaling ambitious growth aspirations. Technological Advancements: Investment will also be directed towards developing new automation technology to enhance consistency, increase production volume, and introduce innovative products like the ARID paan and Digestive Innovative Tea. Addressing Consumer Needs: Betel Leaf's focus on delivering authentic, hygienic, and convenient paan options aligns with evolving consumer preferences, filling a gap in the market for traditional Indian desserts. Investor Confidence: IPV's support for Betel Leaf underscores its belief in the venture's ability to address unique consumer needs while maintaining a commitment to quality and authenticity. Market Potential: The paan industry's current market size is estimated to be between Rs 3,000 to Rs 4,000 crore, indicating significant growth opportunities for innovative players like Betel Leaf.

Funding News

Betel Leaf Secures $1.2 Million in Funding from Inflection Point Ventures (IPV) and Venture Catalysts

Key Points: Funding Success: Betel Leaf, an FSSAI-certified online paan company, secures $1.2 million in a bridge round led by Inflection Point Ventures (IPV) and Venture Catalysts, highlighting investor confidence…

Ankur Srivastava May 20, 2024

Unraveling the DHFL Scam: The Arrest of Dheeraj Wadhawan

Summary The recent arrest of Dheeraj Wadhawan in connection with the Rs 34,000 crore DHFL scam has drawn attention to allegations of fraudulent lending practices and misappropriation of funds within…

Startup Times May 16, 2024