Meet the 15 founders making strides in India’s entrepreneurial ecosystem

In an article in Harvard Business Review, Emily Heyward writes that starting a business is not easy, and scaling it is even harder. “The startup landscape has gotten so competitive that within one month, you’ll see three nearly identical businesses launch. You may think you’re sitting on a completely original idea, but chances are the … Read more

Mars in Four Years? Elon Musk’s Vision Faces Doubts, But Ignites Hope for Humanity’s Future

Elon Musk’s recent statement that humans could set foot on Mars within four years has stirred both skepticism and curiosity. SpaceX, the company he leads, is aiming for its first uncrewed Starship mission to Mars in two years, with a crewed mission to follow two years after that. However, this ambitious timeline depends heavily on … Read more

Startup news and updates: Daily roundup (September 16, 2024)

Funding Venttup raises seed funding from Unicorn India Ventures Industries 5.0 Startup Venttup raised funding from Unicorn India Ventures. The company plans to utilise the raised capital to accelerate business growth and technology development for Indigenisation Program Management. Venttup aims to build a global network of scalable engineering and capacities with India at its epicentre; … Read more

From startups to enterprises, Kapture CX is redefining India’s customer experience landscape

The last decade has recorded an unprecedented surge in the number of digitally native businesses across industries in India. Recent statistics from IDC reveal that more than 25% of Indian organisations are now identified as predominantly digital or digitally native. This has resulted in a radical shift of businesses towards customer-centricity, leading to a rise … Read more

Bizongo carves out BizongoFin and BizongoBuy as new businesses

B2B ecommerce platform Bizongo on Monday separated its raw material marketplace BizongoBuy and its supply chain finance platform, BizongoFin into separate businesses. Each of the new businesses will be led by a new CEO. The company has appointed ex-banker Kiran Dev to lead BizongoFin and former Cleartrip’s Chief Business Officer Prahlad Krishnamurthi to lead BizongoBuy as its CEO. … Read more

Piyush Goyal to launch Bharat Startup Knowledge Access Registry

Commerce and Industry Minister Piyush Goyal on Monday will launch the Bharat Startup Knowledge Access Registry (BHASKAR) initiative which will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth. According to an official statement, it will also enhance collaboration among key … Read more

Insurtech startup Onsurity completes $45M Series B round led by Creaegis

Onsurity, a small and medium enterprise (SME)-focused insurtech company, completed its $45 million Series B round last week led by private equity fund Creaegis, with participation from existing investors, including International Finance Corporation, Quona Capital, and  Nexus Venture Partners. The company had raised the first tranche of Series B funding last October. In a … Read more

US lenders counter BYJU’S claim on debt, say edtech firm has to pay entire $1.2B term loan B

US lenders represented by Glas Trust have countered BYJU’S founder Byju Raveendran’s claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion term loan B along with interest. The founder of Think and Learn (TLPL) and … Read more