Startups: News
Sam Altman-backed start-up is raising $1B to extend human lifespan
OpenAI CEO Sam Altman backs Retro Biosciences, a San Francisco-based biotech start-up that wants to extend human lifespan by 10 years beyond what it describes as a healthy lifespan.
India turns ideas into currency: Loans backed by IP rights
Imagine funding your next big business idea by leveraging your creativity!
Spotify co-founder's health-tech venture Neko raises $260M at $1.B valuation
Neko Health, a Swedish health-tech start-up co-founded by Spotify's Daniel Ek, has raised an impressive $260 million in a Series B funding round.
'Shunya' air taxi, with 30km range, goes official in India
Bengaluru-based aerospace start-up Sarla Aviation has unveiled its futuristic air taxi prototype 'Shunya.'
Rapido plans to expand services across 500 Indian cities
Mobility start-up Rapido, which is backed by WestBridge, has announced an ambitious expansion plan to extend its services across 500 cities in India.
Green is the new gold: Financing India's eco-startups
India is currently experiencing a wave of eco-innovation. Startups across the country are harnessing the power of green technology to tackle pressing environmental issues.
Seven Indian space start-ups selected for Indo-US defense program: Report
Seven Indian start-ups have been selected for a first-of-its-kind India-US space and defence collaboration program, reported Reuters, citing people familiar with the sources.
National Start-up Day 2025: These are India's top 10 unicorns
On January 16, India observes National Start-up Day, a day dedicated to recognizing the innovation and creativity that drives the growth of start-ups across the country.
Texas start-up—on a mission to bring back extinct animals—raises $200M
Colossal Biosciences, a leader in the emerging field of de-extinction, has raised $200 million in a Series C funding round.
Amazon acquires Indian fintech firm Axio to expand credit services
Amazon has announced its acquisition of Axio, an Indian 'buy now pay later' start-up.
Meet 'Firefly': India's 1st private earth imaging satellite constellation
Bengaluru-based space start-up Pixxel has launched India's first private earth imaging satellite constellation.
NVIDIA invests in start-up that creates digital twins using AI
NVIDIA, the global leader in artificial intelligence (AI) chips, has invested in MetAI, a Taiwanese start-up focused on AI-powered digital twins.
Urban Company to file papers for ₹3,000cr IPO by March
Urban Company, a top home services start-up, is gearing up to file draft papers for a ₹3,000 crore initial public offering (IPO).
Indian fintech start-ups raised $1.9B in 2024, down 32% YoY
Indian fintech start-ups raised a total of $1.9 billion in funding last year, according to Tracxn's annual Fintech Report.
Perplexity AI plans expansion in India, announces new hiring initiative
Perplexity AI, an artificial intelligence (AI)-powered search start-up, is gearing up to expand its presence in India.
Beyond Snack—backed by Ashneer Grover and Aman Gupta—raises $8.3M
Beyond Snack, a leading snacking brand out of Kerala, has raised $8.3 million in a Series A funding round.
EV ride-hailing start-up BluSmart to raise $50M at $335M valuation
Leading electric vehicle ride-hailing platform BluSmart is on course to raise $50 million in its latest funding round.
CES 2025: This solar-powered EV prototype promises 644km of range
Once a defunct start-up, Aptera has unveiled a new "production-intent" solar-powered electric vehicle (EV) at CES 2025.
Why Reliance Retail wrote off its $200M investment in Dunzo
Reliance Retail, the biggest backer of hyperlocal delivery start-up Dunzo, has written off its $200 million investment.
This Indian-origin CEO is world's highest-paid employee, earns ₹48cr daily
Jagdeep Singh, the founder and former CEO of US-based QuantumScape, has been named the world's highest-paid employee.
HUL in talks to acquire skincare start-up Minimalist for ₹3,000cr
Hindustan Unilever (HUL) is said to be in advanced talks to acquire the direct-to-consumer skincare start-up, Minimalist.
Meet 7 new billionaires minted by India's 2024 IPO surge
India saw an unprecedented IPO boom in 2024, raising a staggering ₹1.66 lakh crore. This is nearly three times the amount raised last year.
Startup growth accelerates with India's tax-Friendly policies
India's startup ecosystem is on fire, with government-backed initiatives lighting the way for entrepreneurs to innovate and thrive.
Swiggy and Flipkart-backer Accel raises $650M for 8th India-focused fund
Accel, a top global investment firm, has raised $650 million for its eighth India-focused fund.
Nazara increases stake in subsidiary Absolute Sports with ₹73cr investment
Leading gaming platform company Nazara Technologies has announced that it has acquired an additional 10.26% stake in its subsidiary Absolute Sports.
Once a unicorn, PharmEasy is now valued at just $450M
PharmEasy, one of the leading Indian online pharmacies, has witnessed a major drop in its valuation.
Indian start-ups have created 1.6M jobs, says government
The Department for Promotion of Industry and Internal Trade (DPIIT) revealed that start-ups in India have created more than 1.6 million jobs.
India's leading self-made billionaires back Aakash Chaudhry's new edtech venture
Aakash Chaudhry, the co-founder of Aakash Educational Services Limited (AESL), has managed to raise $4 million (roughly ₹34 crore) for his new online tutoring platform, Sparkl Edventure.
Epigamia co-founder Rohan Mirchandani (41) dies due to heart attack
Rohan Mirchandani, the co-founder of popular Greek yogurt brand Epigamia, has sadly passed away at the age of 41. The news was confirmed by multiple sources to Moneycontrol.
Start-up behind Faasos, Wendy's, and SLAY secures funding from KKR
Rebel Foods, India's leading cloud kitchen start-up, has raised an undisclosed amount of funding from American global investment firm KKR (Kohlberg Kravis Roberts & Co.).
Perplexity's valuation hits $9B as ChatGPT rival secures fresh funding
Perplexity AI, one of the leading players in the artificial intelligence (AI) space, has had its valuation skyrocket to an impressive $9 billion after its latest funding round.
Meet Zing: An app leveraging AI for 10-minute food deliveries
Zing, a new entrant in the fast-paced food delivery segment, has launched its services in Gurugram.
Will Smith to join Vishnu Manchu's $50M tech venture: Report
Hollywood actor Will Smith is reportedly in advanced talks to join Tarang Ventures, a new initiative by Telugu actor-producer-educationist Vishnu Manchu, reported Gulte.
Start-up behind 'Faasos' and 'Behrouz Biryani' secures $210 million funding
Rebel Foods, the cloud kitchen start-up behind popular brands such as 'Faasos' and 'Behrouz Biryani,' has raised $210 million in a Series G funding round.
Deepinder Goyal's 'Shark Tank' exit not linked to Swiggy: Makers
The producers of the popular reality show, Shark Tank India, have finally broken their silence over the raging controversy of Zomato CEO Deepinder Goyal's exit from its fourth season.
70% women entrepreneurs face difficulty in attracting talent: CXXO report
A recent study by Kalaari Capital, under its CXXO program, sheds light on the changing face of female entrepreneurship in India.
Amazon eyes exports worth $80 billion from India by 2030
Amazon has announced a major expansion of its export commitment from India, promising to enable $80 billion in cumulative exports by 2030.
YesMadam denies firing stressed employees, calls it awareness campaign
Noida-based beauty services start-up YesMadam has denied allegations of firing employees over work-related stress.
Hyderabad-based start-up to launch India's 1st AI lab in space
Hyderabad-based space technology start-up TakeMe2Space is gearing up to launch India's first artificial intelligence (AI) lab in space.
After 18 months, Tiger Global resumes investments in Indian start-ups
Tiger Global, the once-prolific investor synonymous with mega-deals and rapid unicorn creation, is exhibiting renewed interest in the Indian start-up ecosystem.