Dental Startup Toothsi Raises $9 Million, Aims Geographical Expansion
Toothsi, a clinical beauty startup, which offers services in 11 cities of India, raised funds over $9 million (Rs 65 crores.) Notably, Stride Ventures invested in the start-up company during a debt fund round. With an investment, Toothsi will expand its services in geographic dimension and enhance their dental services with advanced technology. "We aim to leverage our health tech doctor platform," said Toothsi CEO Arpi Mehta.
… read-moreTags: Toothsi, Dental Services, Startups, Investment
Courtesy: The Times of India
Karnataka Govt Announces Seed Funding Upto Rs 50 Lakh For Startups
Karnataka Government announced seed funding upto Rs 50 lakh for startups on January 16. Dr CN Ashwatha Narayan, the State Education Minister said, "The seed funding will be facilitated to additional 75 startups, to achieve the tally to 200 startups in the year". Addressing the National Startup Day, Narayan said, in 2021, Karnataka attracted Rs 1.60 lakh crore investment in 2021, 50% of India's entire investment from foreign companies.
Tags: Startups, Ashwatha Narayan, IT, Seed Funding, karnataka government
Courtesy: ANI
''I decided to pursue my interest as Profession and quit IIT'', says IIT-Delhi Dropout Ankit Kumar
Talented Ankit Kumar, an IIT-Delhi final year drop out, followed his interest and established startups. He said, till class 12 his academic interests were made by his parents and companions, but after joining IIT he actively participated in several cultural events. Kumar was also the director of his college dance team. At present, he successfully established Zaamo, a startups, supporting homegrown labels and content creators and is co-founder… read-more
Tags: Education, Startups, IIT Delhi, Ankit Kumar, Employment
Courtesy: The Indian Express
Entrepreneur Ashish Tiwari Launches New Venture: 'Hair Forever'
Ashish Tiwari, co-founder of Ex Hair Originals, launched "Hair Forever," a new independent venture. The manufacturing will begin with funding of $150,000 through pre-SPEED investment by angel investors. "Hair forever will offer people the quality product," said Tiwari. This is the first venture of Ashish in hair extensions domain after breaking partnership with Jitendra Singh, founder of "Ex Hair Originals" over personal issues.
Tags: Hair Forever, Hair Extension, Startups, Ashish Tiwari, IIT
Courtesy: ANI
Agnikul Cosmos Unveils 'Made In India' Rocket Engine
Chennai-based Space tech Start-up Agnikul unveiled its full-scale second stage rocket engine - Agnilet at the International Astronautical Congress (IAC) and at the world expo in Dubai. The IIT Madras-Based incubated company is reportedly making the world's first single-piece 3D printed made-in-India engine. The company signed agreements with various stakeholders in… read-more
Tags: Agnikul Cosmos, 3d rocket, Space, IIT, Startups
Courtesy: ANI
Big Tech Giants Getting Prepared For the Upcoming "Metaverse"
Big technology companies planned on building a Metaverse, which companies believe to be the next big revolution of the internet. Meta is an open virtual environment with digital avatars in real-time, explains Sai Krishna V K, co-founder of Flipkart. Facebook has also planned to hire 10,000 people to work on the project. It can reportedly allow you to meet your friends in a cafe in a virtual environment.
Tags: metaverse company, Facebook, Microsoft, virtual environment, Startups
Courtesy: The Indian Express
Zero-Carbon Fusion Energy Startup Helion Raises $500 Million: US
Helion Energy, a U.S based fusion energy startup reported on November 6, that it raised 500 million dollars as initial funding to build a net positive electrical generator. Reportedly, the company aims to build a fusion-based generator that creates more electricity than any other ordinary generator, with net-zero carbon emission. Moreover, the company was… read-more
Tags: Startups, fusion energy, energy startup, sustainable energy, United States
Courtesy: Reuters
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.
Tags: Startup India, Startups, Stanford University, Grocery Delivery, Mumbai
Courtesy: NDTV
Piyush Goyal Asks Big Corporations To Support MSMEs, Startups
Commerce Minister Piyush Goyal convoked the big corporations to play a "nationalistic role" by supporting MSMEs and small businesses instead of neglecting them. He motivated leading businesses to set aside a corpus of Rs 10,000 crore to prevent startups from being acquired by foreign companies and commit to paying MSMEs within seven days of supplies. He especially targeted Tata Sons for “opposing consumer protection regulations” for e-… read-more
Tags: Big Corporations, Piyush Goyal, Nationalistic Role, MSMEs, Startups
Courtesy: The Indian Express
After Twitter Ban, Nigeria Govt Switches To Its Indian Rival 'Koo'
After banning Twitter, the Nigerian government has planned to use Koo, a Bengaluru-based microblogging startup. Recently, Twitter took down Nigerian president Muhammadu Buhari’s tweet citing violation of behaviour policy which sparked the argument between Twitter and Nigerian government. Talking about lifting the ban on Twitter, Nigerian minister Lai Mohammad said, "First and Foremost, Twitter must register as a company in Nigeria". Koo… read-more
Tags: Twitter, Koo, Startups, Nigeria, Twitter Ban, Muhammadu Buhari
Courtesy: Deccan Herald