Tag: Indian Startups

Over the past five years, the number of software-as-a-service (SaaS) firms have doubled in India and SaaS firms in the country are poised to reach $30 billion in revenue by 2025.

India now has 83 unicorns, most of which are in the services sector and 44 startups achieved the unicorn status (values more than $1 billion) last year, the Economic Survey 2021-22 said on Monday.

New Delhi: In an effort to mentor emerging start-ups, Google India hosted a four-day boot camp for the first 10 Indian startups as part of its ‘Solve for India’ programme. Launched last year as an India-only pilot for mentorship by Google Developers’ “Launchpad” team, ‘Solve for India’ focuses on bringing the best of Google expertise […]

New Delhi: The Covid-19 blow appears to have forced even those startups and unicorns that have managed to raise new funding go for a leaner workforce, firing employees in thousands. Foodtech Unicorn Swiggy, for example, raised almost Rs 1,185 crore this year as part of its Series -I round. And yet, the company had to […]

New Delhi: E-commerce major Amazon on Thursday announced a $250 million fund — Amazon Smbhav Venture Fund — to invest in startups and entrepreneurs focusing on technology innovations in SMB…

New Delhi: Union Information & Broadcasting Minister Prakash Javadekar hailed the Modi government’s decision to ban 59 Chinese applications, connecting the move to ‘Atmanirbhar Bharat’. Taking to social media, Javadekar remarked, “The whole country has appreciated the decision of the @narendramodi govt to ban 59 Chinese Apps. This will give a fillip to Indian Startups […]

Bengaluru: In a bid to tap into India’s growing startup and developer community, Australia’s leading software firm Atlassian Corporation on Monday announced the launch of Atlassian Ventures, a new $50 million global fund that will invest startups, including established companies that are already building products in its ecosystem. The company which set up a research […]

New Delhi: Paying heed to Prime Minister Narendra Modi’s call to build a self-reliant India amid the new normal, Indian tech startups have begun to shun Chinese investment as Indian corporates and wealthy individuals, along with investors from other countries, are funding desi companies more than ever. In 2019, Chinese investors poured $3.9 billion into […]