Trend Startups - Latest news, views and updates

Interest

Watch

TREND | 30 Oct 2024

Food delivery aggregator Swiggy early investors see gains from 3x to 35x

Business Standard

Norwest Venture, which invested in Swiggy's Series B round in 2015, will make gains of up to 26 times, with an acquisition cost of Rs 14.82 per share

Startups

TREND | 29 Oct 2024

BigBasket, Blinkit, Swiggy deliver gold, silver to your doorstep in 10 min

Business Standard

Dhanteras 2024: Quick commerce platforms are offering 10-min delivery of gold from major jewellers including Tanishq and Malabar amid the festive rush

Startups

TREND | 28 Oct 2024

Quick commerce race tightens as Tata set to enter market with Neu Flash

Business Standard

For grocery deliveries, Neu Flash will utilise BigBasket while Croma will provide electronics and mobile phones, and Tata Cliq will manage fashion and lifestyle products

Startups

TREND | 28 Oct 2024

Asset managers roll out new ETFs to tap in to artificial intelligence buzz

Business Standard

Venture capital firms also are directing as much as $79.2 billion in funding to AI startups by the end of the year, 27 per cent above 2023 levels

Startups

TREND | 26 Oct 2024

Rayhan's stellar performance earns tied second at International Series

Business Standard

Indian golfer Rayhan Thomas followed up his second-round 63 with a 6-under 64 on the third day to put himself in a position to challenge for the title at the International Series Bangkok here on Saturday. The UAE-based player is now 14-under for three rounds and lying tied second with five others. Thomas was one of three Indians to make the cut in the tournament. While Thomas was 14-under after three days, Gaganjeet Bhullar (65-66-68) was 11-under and tied 17th and Karandeep Kochhar (66-669-65) was 10-under and tied 24th. American Peter Uihlein (64-62-67) opened up a three-shot lead at the Thai Country Club. He fired a three-under-par 67 for a three-round aggregate of 17-under. The tournament is the sixth stop on the International Series this year and provides the pathway to the the LIV Golf League. Sitting in second place with Rayhan are Pakistan's Ahmad Baig (63), a star on this year's Asian Development Tour (ADT), Swede Charlie Lindh (65), Max Lee Chieh-po (67) from Chinese-Tai

Startups

TREND | 24 Oct 2024

Government Approves Establishment Of Rs 1,000 Crore Venture Capital Fund For Space Sector Startups

NDTV Profit

The newly approved Rs 1,000 crore venture capital fund will support startups across India's space supply chain, driving innovation, workforce expansion, and economic growth in the sector.

Startups

TREND | 22 Oct 2024

Where Is the Moral Compass for Indian Startups?

NDTV Profit

Byju's promise to revive his edtech company amid legal challenges reflects a troubling trend in startups, where governance often take a backseat to rapid growth and investor returns.

Startups

TREND | 18 Oct 2024

Private equity, venture capital bets fall 40% to $8.8 bn in Q2: Report

Business Standard

Private equity and venture capital funds' investments declined by 40 per cent to USD 8.8 billion in the September quarter, a report said on Friday. The decline in overall investments happened despite the number of deals being 26 per cent higher during the same period at 283 transactions, the report by industry lobby grouping IVCA and consultancy firm EY said. "Geopolitical tensions have created uncertainty, dampening investment sentiment as investors become more cautious, leading to slowing deal-making. This sluggishness may persist if global uncertainties continue," the consultancy firm's partner Vivek Soni said. However, the firm's outlook remains "cautiously optimistic" as India's fiscal health remains strong, he added. Large deals of over USD 100 million more than halved to 21 with a cumulative value of USD 5.5 billion, the report said, adding pure-play PE/VC deals, excluding real estate and infrastructure, were 30 per cent lower at USD 6.5 billion. The largest deal during the

Startups

TREND | 16 Oct 2024

SaaS platform Everstage raises $30 million in Series B funding

Business Line

The start-up plans to use its funds for deepening R&D, expanding global presence and building their professional services team

Startups

TREND | 15 Oct 2024

IndiGo Gets Nod To Launch Venture Capital Fund

NDTV Profit

IndiGo Ventures will start investing by the end of the financial year to March 31.