High tide: boAt nets $100 million in investment
After raising $100 million from Warburg Pincus, boAt is now one of the most successful electronics hardware startups in India, proving that attractive prices and nifty design can always be a winner.
indian startups
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Naveen Tewari: The wizard of two unicorns
Despite the pandemic, the growth in user base has been robust for Tewari's mobile content platform, Glance, that lured investors to put in $145 million last month.
Banks, startups can work as partners. Here’s how
The decision of the RBI to bring startups under the ambit of priority sector lending norms will help the startup ecosystem. A strong bond between the ecosystem and banks is therefore imperative.
Hello Razorpay, India's newest unicorn
The fintech firm's co-founder and CEO, Harshil Mathur, says that the company aims to double its merchant base to 10 million small and medium businesses by the end of the year.
Covid-19 surge pushes ambulance demand
As India wrestles with rising Coronavirus cases every day, healthcare startup Medulance sees a 3x surge in demand for its ambulance service.
PE funding declines after Covid-19: report
The number of investments and total capital invested in Indian companies during January-March have fallen 83% and 85%, respectively, from a year ago, says a VCCEdge report.
Why less is more for Wow! Momo
For the rapidly growing Kolkata-based QSR chain, the small kiosk embedded in a mall has proven to be a profitable idea. Especially when it serves one of India’s favourite fast foods.
Indian startups raise $14.5 billion in 2019
They have received 25 times more funding than the $550 million in 2010, according to data analytics firm Tracxn.
The rise of Asian startups
A panel at the WEF’s India Economic Summit which had OYO’s Aditya Ghosh and Zilingo’s Ankiti Bose says many startups in Asia have created global brands and are at the forefront of innovation.
Urban Ladder eyes a profit this quarter
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
