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TREND | 23 Jan 2025

Walmart Announces Strategic Pilots With India-Based Startups

NDTV Profit

The pilot programmes will test solutions that augment the availability of better and more fresh products for Walmart's consumers in the US and around the world.

Indian Battery Startups To See $500 Million Investment, Says IESA

NDTV Profit | 22 Jan 2025

Startups

TREND | 23 Jan 2025

AI, autonomous robotics firm Ati Motors raises $20 mn in Series B funding

Business Standard

In 2023, the Bangalore-based startup raised $10.85 million in a Series A funding round. This latest investment brings Ati Motors' total funding to over $37 million

Startups

TREND | 22 Jan 2025

Zomato, Swiggy Get 'Add' As Incred Begins Coverage On India's E-Commerce Food Tech

NDTV Profit

There's large opportunity and food delivery profitability to support expansion in quick commerce, Incred said.

Startups

TREND | 17 Jan 2025

Government Must Look At Easing ESOP Tax For Startups In Budget 2025: Mobikwik's Upasna Taku

NDTV Profit

While there is a slowdown in the distribution of financial products, it is in line with macroeconomic conditions in the country, according to Taku.

Avaana Capital, DPIIT Ink Memorandum Of Understanding To Boost Deep-Tech Startups In India

NDTV Profit | 17 Jan 2025

Startups

TREND | 16 Jan 2025

Bain Capital buys minority stake in auto components firm Dhoot Transmission

Business Standard

Private equity firm says investment will help Aurangabad-based manufacturer to expand globally

Startups

TREND | 15 Jan 2025

Flying taxi startup secures $10 mn in Series A1 funding led by Accel

Business Standard

The funding will be used to scale operations, establish a research and development (R&D) centre, expand the workforce, and launch the company's flying taxi prototype

Startups

TREND | 15 Jan 2025

British Startups Just Can't Seem to Scale

livemint

The UK has struggled to turn clever science and technology ideas into larger companies under the Tories.

Startups

TREND | 13 Jan 2025

Indian realty sector sees 6% rise in PE investment to $2.82 bn: Anarock

Business Standard

Private equity investment in Indian real estate rose 6 per cent to USD 2.82 billion during the April-December period of this fiscal, driven by a surge in fund inflow in industrial & logistics parks, according to Anarock. Real estate consultant Anarock data showed that the Private Equity (PE) investment in real estate rose 6 per cent to USD 2.82 billion during the April-December period of this fiscal from USD 2.66 billion in the year-ago period. The number of PE deals dropped to 24 during the first nine months of the 2024-25 fiscal from 30 in the year-ago period. As per the data, foreign funds contributed 82 per cent to the total PE investments during April-December 2024, while domestic only 18 per cent. Among assets class, the industrial and logistics sector accounted for 62 per cent of the total investments, housing 15 per cent, office 14 per cent and mixed-use projects 9 per cent. Shobhit Agarwal, MD and CEO, Anarock Capital, said, the top 10 deals comprised 93 per cent of total

Startups

TREND | 12 Jan 2025

AIFs seek specific funds from govt for new-age, sunrise, deep-tech startups

Business Standard

Alternate investment funds (AIFs) have sought from the government specific funds for investments in new-age, sunrise and deep-tech startups with a view to promote innovation in the country, an official said. They have also urged the government to announce a fresh round of funds under the Fund of Funds for Startups (FFS) scheme. These demands were raised during a meeting between AIFs and the officials of the Department for Promotion of Industry and Internal Trade (DPIIT) here last week. The department held discussions with AIFs on ways to promote funding for startups in the country, the official said. "In the meeting AIFs demanded more funds under FFS. They demanded an increase in the duration of FFS from the existing 12 years," the official added. At present FFS is sector agnostic. The AIFs have suggested specific funds for the sunrise and new-age sectors. Issues like capital mobilisation and promoting funding for startups in smaller cities were also discussed during the meeting.

Startups

TREND | 10 Jan 2025, 10:10PM

Practo Reports 22% Revenue Growth And Narrowed Losses For Fiscal 2023-24

NDTV Profit

Practo stated that also achieved its first full profitable quarter in the last quarter of 2023-24 and is on its path to sustained profitability with consecutive profit in the preceding 12 months ending September 2024.

Practo reports 22% rise in revenue in FY24, GMV crosses Rs 3,500 crore

Business Standard | 10 Jan 2025, 04:42PM