Indian Startups News - Latest Updates & Headlines
Indian startup ecosystem raises over $180 mn this week
New Delhi, April 12: The domestic startup ecosystem continued the funding momentum this week, with raising more than $180 million by 24 new-age companies.
India poised for one million startups by 2035: Nandan Nilekani at Carnegie Global Tech Summit
New Delhi, April 11: Infosys co-founder Nandan Nilekani has outlined a bold vision for India's startup future, stating that the country is poised to have one million startups by 2035, a remarkable leap from just 2,000 in 2015.
Oben Electric ramps up national expansion with 15 new showrooms in four states
New Delhi, April 10: Electric Vehicle startup Oben Electric on Thursday announced expansion by opening an additional 15 new showrooms and service centers in four new states: Punjab, Gujarat, Madhya Pradesh, and Telangana.
Homegrown tech firm boAt's parent firm files for IPO papers
New Delhi, April 7: Homegrown wearables brand boAt's parent company, Imagine Marketing, on Monday announced it has filed draft papers for an initial public offering (IPO) with market regulator Securities and Exchange Board of India (SEBI) through the confidential pre-filing route.
We need to aim higher: boAt Co-founder Aman Gupta backs Piyush Goyal's remark on Indian startups
New Delhi, April 6: Consumer electronics firm boAt's co-founder Aman Gupta has backed Commerce Minister Piyush Goyal on the need for Indian startups to aim higher and start working on bigger solutions.
GeM facilitates over Rs 38,500 crore in transactions for 30,000+ startups
New Delhi, April 6: The government e-marketplace (GeM) has enabled over Rs 38,500 crore in transactions for 30,000+ startups, reinforcing its position as a true catalyst in India's innovation ecosystem, the Ministry of Commerce & Industry said in a statement on Sunday.
EaseMyTrip's Rikant Pittie backs Piyush Goyal's call for real innovation
New Delhi, April 6: EaseMyTrip co-founder and CEO Rikant Pittie has strongly supported Union Minister Piyush Goyal's recent remarks on the need for genuine innovation in India's startup ecosystem.
Startup funding jumps 2.3 times to $357 million this week
New Delhi, April 6: India's startup ecosystem witnessed a strong funding rebound this week, with total investments soaring over 2.3 times to around $357.29 million across 30 deals, compared to $152.49 million raised by 23 startups last week.
Government e-Marketplace showcases startup power, unlocks new growth avenues
New Delhi, April 6: The Government e-Marketplace (GeM) showcased its role in supporting startup growth and underlined the potential of public procurement as a tool for promoting innovation and inclusive development, at the just-concluded 'Startup Mahakumbh 2025' here, the Ministry of Commerce and Industry said on Sunday.
45 startups display growing tribal entrepreneurship in India
New Delhi, April 6: At least 45 startups have showcased the growing role of tribal entrepreneurs in India's startup ecosystem — marking a significant milestone in empowering tribal talent, the Ministry of Tribal Affairs said on Sunday.
Music to ears: Piyush Goyal lauds Indian startups for their innovative work at Startup Mahakumbh
New Delhi, April 4: Commerce Minister Piyush Goyal on Friday said he was delighted to see the work done by Indian startups. Talking to reporters at Startup Mahakumbh, he equated the innovations of the domestic startups to that of music to ears.
Future of Indian startups robust despite trade tariff challenges: Founders
New Delhi, April 4: India’s startup story remains strong and promising despite global uncertainties, top industry leaders said at the ‘Startup Mahakumbh’ event here on Friday.
Roll up your sleeves: Zoho's Sridhar Vembu tells deep tech innovators
New Delhi, April 4: Enterprise cloud software major Zoho's Founder Sridhar Vembu on Friday voiced strong support for a shift towards deep tech innovation in India, urging engineers and startups to ‘roll up their sleeves’ and focus on building real technological capabilities.
Amitabh Kant urges Indian startups to build homegrown AI
New Delhi, April 4: India’s G20 Sherpa Amitabh Kant said on Friday that the country must focus on building its own advanced technologies like AI and avoid becoming dependent on other countries for technological progress.
Attero's net profit falls 31 pc in FY24, firm says crosses Rs 1,000 cr in revenue
New Delhi, April 3: Electronic waste recycling startup Attero reported a 31 per cent decline in net profit in FY24 due to its rising expenses, according to the company’s latest financials.
Aspire for bigger and better: Piyush Goyal asks Indian startups to raise the bar, go global
New Delhi, April 3: Commerce Minister Piyush Goyal, speaking at the second edition of the Startup Maha Kumbh on Wednesday, touched on the nature and scope of Indian startups and urged them to think of big and innovative solutions
Startup Mahakumbh kicks off in Delhi, over 3,000 start-ups and 1,000 investors from 50 countries onboard
New Delhi, April 3: The second edition of the three-day Startup Mahakumbh 2025 officially kicked off at Bharat Mandapam here on Thursday, with the event standing as the largest gathering in India's startup ecosystem, featuring over 3,000 startups showcasing their latest technologies, products, and services.
Nearly 3000 startups will be participating at Startup Mahakumbh 2025: DPIIT Joint Secretary Sanjiv Singh
New Delhi, April 3: Ahead of the highly anticipated second edition of 'Startup Mahakumbh' set to take place at Bharat Mandapam from April 3, Department for Promotion of Industry and Internal Trade (DPIIT) Joint Secretary Sanjiv Singh said that nearly 3000 startups will be participating this time in the event.
Three-day 'Startup Mahakumbh' set to kick off at Bharat Mandapam on Thursday
New Delhi, April 2: The highly anticipated second edition of 'Startup Mahakumbh' is set to take place at Bharat Mandapam from April 3-5.
Startup Mahakumbh to offer big business opportunities for entrepreneurs, investors
New Delhi, April 2: The highly anticipated second edition of Startup Mahakumbh is set to take place at Bharat Mandapam from April 3 to 5, providing a massive platform for entrepreneurs, investors, and industry leaders to connect and explore new business opportunities.
Biotechnology remains a priority sector in India, says Jitendra Singh
New Delhi, March 31: Biotechnology remains a priority sector in India, said Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh on Monday.
Domestic startups secure more than $150 million this week
New Delhi, March 29: The domestic startup ecosystem secured more than $150 million this week, showcasing robust growth in the current financial year (FY25).
India set to double its startup count by 2030, create 5 crore jobs: Minister
Vadodara, March 23: The number of Indian startups is expected to double from 1.2 lakh to 2.4 lakh by 2030, creating 50 million new jobs, Minister of State (Independent Charge), Skill Development and Entrepreneurship, Jayant Chaudhary, said on Sunday.
India aims to take number of unicorns to 5,000 in future: Piyush Goyal
Ahmedabad, March 22: Amid a thriving startup ecosystem, India aims to take the number of unicorns from the current 118 to 1,000 and even 5,000 in the future, Union Minister of Commerce and Industry, Piyush Goyal, said on Saturday.
25 domestic startups raise over $176 million in funding this week
New Delhi, March 22: At least 25 Indian startups secured more than $176 million in funding this week, which included five growth-stage and 15 early-stage deals.
SEBI proposes ESOP benefits for startup founders even after IPO
Mumbai, March 21: The Securities and Exchange Board of India (SEBI) has proposed a change in rules that will allow startup founders to continue holding Employee Stock Option Plans (ESOPs) even after their company goes public.
Ultraviolette expands footprint in East India; Launches UV Space Station in Patna
Patna, March 18: Ultraviolette, the manufacturer behind the 'Fastest Indian Motorcycle,' has officially inaugurated its first experience center, known as the UV Space Station, in Patna, marking a major milestone in its nationwide expansion.
Indian startups raise over $462 million in strong funding week
New Delhi, March 15: The Indian startup ecosystem witnessed a strong surge in funding this week, with 19 startups collectively raising approximately $462.27 million.
Time to bring a billion Indians into AI-driven digital economy: Nandan Nilekani
New Delhi, March 13: There is an urgent need to build artificial intelligence (AI) solutions suited for India's language diversity, to bring a billion Indians into the AI-driven digital economy, Infosys co-founder and Aadhaar architect, Nandan Nilekani, has said.
Swiggy's profitability under pressure despite strong market position: Jefferies
Mumbai, March 12: Food delivery platform Swiggy continues to face profitability challenges despite its strong market presence, according to a Jefferies report on Wednesday.
30 startups secure over $355 million in funding this week, up 335 pc
New Delhi, March 8: At least 30 startups secured more than $355 million this week, which included three growth-stage and 20 early-stage deals.
Mahayuti will turn Maharashtra into USD 1 trillion economy by 2030: Fadnavis
Mumbai, March 7: Maharashtra Chief Minister Devendra Fadnavis on Friday expressed confidence that his government will turn the state into a USD one trillion economy by 2030, noting that it was the only state to surpass the half-trillion-dollar economy milestone in India.
India 2nd after US in all time funding for women-run tech startups
Bengaluru, March 7: The Indian tech startup ecosystem now ranks second, after the US, in terms of all-time funding raised by companies with women founders, with a total of $26 billion in this space to date, a report showed on Friday.
93 pc women entrepreneurs show strong financial discipline, 81 pc operate independently: Report
Mumbai, March 5: About 93 per cent of women entrepreneurs exhibit a strong financial discipline, actively managing their finances, keeping meticulous records, and ensuring timely payments, a new report said on Wednesday.
Indian startups raise over Rs 13,800 crore in Feb, AI funding grows
New Delhi, March 4: Indian startups raised a total of nearly Rs 13,800 crore ($1.65 billion) in February this year, a 19.5 per cent increase from nearly Rs 11,460 crore ($1.38 billion) in January, according to a new report.
21 Indian startups raise over $105 million in funding this week
New Delhi, March 1: About 21 Indian startups collectively raised approximately $105.87 million this week, with securing funding across different stages.
Bharat Tech Triumph Program awards 20 game developers at Grand Finale in New Delhi
New Delhi, February 27: The Bharat Tech Triumph Program (BTTP) awarded 20 game developers at the Grand Finale event in New Delhi.
SolarSquare's losses surge 2.3x in FY24 as expenses rise over 60 pc
New Delhi, Feb 23: Rooftop solar solutions provider SolarSquare reported a significant increase in its losses, of 2.3 times, to Rs 69 crore in the last fiscal year (FY24).
22 Indian startups raise over $184 million in funding this week
New Delhi, Feb 22: At least 22 Indian startups raised more than $184 million in funding this week, which included 10 growth-stage deals and 12 early-stage rounds.
Swiggy's valuation takes a huge 50 pc dip from its peak as stock plunges
New Delhi, Feb 22: Swiggy, one of India's leading food-tech companies, is facing a sharp decline in its market valuation which has plunged nearly 50 per cent from its peak.