Photo: Business Standard

Startup Company Jify Attracts $10 Million Investment By Accel, Nexus

Employee financial benefit startup Jify has raised over $10 million investment, said the company on August 3. Accel and Nexus Ventures provide funding to the startup company of joint partners Anisha Dossa Aibara, Anusha Ramakrishnan and Aditya Mehta. Started in 2021, the company provides salary benefits like on-demand real time salary at zero cost. In addition, the company owners said, the investment will be used to strengthen production and… read-more

Thu, 04 Aug 2022 - 08:00 PM / by Varsha Joshi

Tags: Investment, Jify, Startup India, Financial Benefits, investors

Courtesy: The Economic Times

Amithabh Kant, CEO of Niti Aayog

Photo: The Financial Express

India Is Experiencing Massive Digital Transformation: Amitabh Kant, CEO Of Niti Aayog

Niti Aayog CEO Amitabh Kant stated on May 23 that India is undergoing a big digital transition. According to him, the number of startups in India has increased from double digits to tens of thousands as a result of the Startup India movement. Even in the midst of the COVID-19 pandemic, the appearance of unicorns was extraordinary, he claimed. He also urged international investors to invest in India's economic narrative.

Mon, 23 May 2022 - 02:20 PM / by Vidhi Jhunjhunwala

Tags: Niti Aayog, Amitabh kant, startup india movement, Startup India, Digital

Courtesy: NDTV

Ayurveda Treatment

Photo: The Week

AIIA Launches 'Ayush Start-Up Challenge' To Fuel Start-ups & Innovations

The All India Institute of Ayurveda (AIIA) joined hands with Startup India to launch the 'Ayush Start-up challenge' to boost early-stage start-ups and individuals contributing to the field of Ayurveda, as per reports. In addition, there are three entry categories for participating start-ups – Ayush Food Innovations, Ayush Bio-instrumentation, and Ayush IT Solutions. Notably, the winners of the challenge will receive both a cash prize and … read-more

Tue, 22 Feb 2022 - 03:46 PM / by Shaloo Priya

Tags: India, AIIA, Startup India, Ayush Start-up challenge, Ayurveda

Courtesy: Financial Express


Photo: Startupstars

Indian Startup Propelld Provides Education Loans Amid Covid-19 Crisis

Education-focused fintech platform Propelld, has raised $35 million in Series-B funding. The startup was founded in 2017 by three friends from IIT Madras. Propelld enables financing solutions for learners pursuing education programmes at partner institutions. “Bajaj declared a 35% first-default; Propelld had 3%. Even that, they chased down relentlessly to less than 1% within 90 days,'' stated a member. Notably, Propelld funds the education of… read-more

Sun, 20 Feb 2022 - 11:10 AM / by Shaloo Priya

Tags: Startup India, Propelld, education loan, Poor, Covid-19

Courtesy: Money Control

Minko Startup

Photo: Free Press Journal

Minko Fintech Startup Raises $1.5 Million Via Seed Funding

Minko, a fintech startup, raised $1.5 million through seed funding from investors like CRED, Mumbai Angels and others. Founded by Sanket Shendure and Sanmati Shendure in 2021, the company in just six months expanded its product services and launched Minko QR, Minko Invoices and Minko Gold. Notably, the company, currently in Goa, Bihar and Mumbai, is aiming to expand in other cities, boarding 10,000 retailers.

Fri, 28 Jan 2022 - 09:15 PM / by Varsha Joshi

Tags: Minko, CRED, Startup India, Seed Funding Round, investors

Courtesy: Live Mint

Oben EV

Photo: TechRadar

Indian EV Startup Oben Electric Raises $ 1 Mn

Electric vehicle start-up Oben Electric, on January 25, said that they raised $ 1 million in funding from investors. The money was raised in December 2021 led by We Founders Circle (WFC). The start-up will reportedly use the funding to enhance its business capacity, set up a bigger manufacturing infrastructure, and strengthen distribution plans. The whole process from designing to manufacturing, is done in-house with Indian components, stated… read-more

Tue, 25 Jan 2022 - 09:10 PM / by Shaloo Priya

Tags: Automobile, Startup India, Oben, funding, investors

Courtesy: The Economic Times

Entrepreneurs Naren Gupta and Pankhuri Shrivastava

Photo: INC24

Startup Ecosystem Mourns Demise Of Entrepreneurs Pankhuri Shrivastava & Naren Gupta

Startup ecosystem mourned the sudden demise of Pankhuri Shrivastava, a 32 year old and Naren Gupta. Many startup entrepreneurs and members of this community, expressed condolences to the families of the two talented people of the ecosystem. While Pankhuri Shrivastav was the founder of a women oriented platform and brand "pankhuri" allowing women to socialise, Naren Gupta was the founder of Nexus Ventures, known as the Father figure of… read-more

Mon, 27 Dec 2021 - 07:24 PM / by Varsha Joshi

Tags: Startup India, Pankhuri Shrivastava, Naren Gupta, Nexus, Women Startup

Courtesy: INC 24

Shahdol Tea Shop

Photo: Asianet News Hindi

Drink Tea & Eat Cup, New Startup Trends In MP's Shahdol

In Madhya Pradesh's Shahdol, two youths started a unique startup of edible teacups. Rinku Arora and Piyush Kushwaha started a tea shop at Model Road in Shahdol with an aim of reducing pollution and garbage. It's called "wafer cup tea" and is available at Rs 20. Reportedly, the cup is made of a biscuit, allowing people to eat it. The idea of no garbage is trending in Shahdol. 

Sat, 25 Dec 2021 - 09:02 AM / by Varsha Joshi

Tags: Tea Shop, Shahdol, Wafer Cup, Madhya Pradesh, Startup India

Courtesy: JS Newstimes

Piyush Goyal speech.

Photo: Youtube

Union Minister Piyush Goyal Inaugurates International Trade Fare

Union Minister Piyush Goyal on November 14 inaugurated the India International Trae Fair (IITF), the 40th edition of IITF and mobile app. Reportedly, the fair is being organized under the theme of Atmanirbhar Bharat. "The participation in this trade fair has crossed 3000 small & big businesses. Women MSME entrepreneurs are given stalls, free of cost. other MSMEs, including startups, have been given a 40 percent discount,"… read-more

Sun, 14 Nov 2021 - 07:45 PM / by SAM RAHUL RAJASHEKHAR

Tags: Piyush Goyal, India trade fair, Trade Union, India, Startup India

Courtesy: ANI

Founders of Zepto.

Photo: Business Today

Mumbai Teens Quits Stanford University To Launch Grocery Start-Up ''Zepto''

The 19-year-olds Adit Palicha and Kaivalya Vohra, who got admission to Stanford University, decided to quit and start their own grocery company "Zepto". Reportedly, the Mumbai-based company raised 60 million dollars as funding from investors like Y Combinator and Glade Brook Capital, to boost its presence in India's fast-growing grocery delivery market. ''The firm is valued between $200-300 million,'' said Palicha, co-founder and CEO. 

Mon, 01 Nov 2021 - 07:05 PM / by SAM RAHUL RAJASHEKHAR

Tags: Startup India, Startups, Stanford University, Grocery Delivery, Mumbai

Courtesy: NDTV